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I This document constitutes the base prospectus of ... - Volksbank AG

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Main Compartment Asset, remain contingent or may be instituted against it) and which have been initiated/came<br />

to an end within, at <strong>the</strong> very least, <strong>the</strong> last 12 months, and which have, or had, considerable<br />

effects on <strong>the</strong> financial status or <strong>the</strong> pr<strong>of</strong>itability <strong>of</strong> <strong>the</strong> Obligor <strong>of</strong> <strong>the</strong> Main Compartment Asset or <strong>the</strong><br />

group <strong>of</strong> companies to which it belongs; in each case in so far as is known to <strong>the</strong> Issuer and/or has been<br />

made public by <strong>the</strong> Obligor <strong>of</strong> <strong>the</strong> Main Compartment Asset; <strong>the</strong> provision <strong>of</strong> a statement by <strong>the</strong> Obligor <strong>of</strong><br />

<strong>the</strong> Main Compartment Asset that no such measures or proceedings takes, or took place, in so far as is<br />

known to <strong>the</strong> Issuer and/or has been made public by <strong>the</strong> Obligor <strong>of</strong> <strong>the</strong> Main Compartment Asset]<br />

(xi) Significant contracts<br />

[In so far as is known to <strong>the</strong> Issuer and/or has been made public by <strong>the</strong> Obligor <strong>of</strong> <strong>the</strong> Main Compartment<br />

Asset, a short summary <strong>of</strong> significant contracts, which have been concluded by <strong>the</strong> Obligor <strong>of</strong> <strong>the</strong> Main<br />

Compartment Asset during <strong>the</strong> course <strong>of</strong> ordinary business, and which are <strong>of</strong> fundamental importance regards<br />

<strong>the</strong> ability <strong>of</strong> <strong>the</strong> Obligor <strong>of</strong> <strong>the</strong> Main Compartment Asset to fulfil its obligations in respect <strong>of</strong> <strong>the</strong><br />

Debt instrument]<br />

(xii) Pr<strong>of</strong>it forecasts or estimates<br />

[Where <strong>the</strong> Obligor <strong>of</strong> <strong>the</strong> Main Compartment Asset issued a pr<strong>of</strong>it forecast or a pr<strong>of</strong>it estimate, provide any<br />

statement made by <strong>the</strong> Obligor <strong>of</strong> <strong>the</strong> Main Compartment Asset setting out <strong>the</strong> principal assumptions upon which<br />

<strong>the</strong> it has <strong>base</strong>d its forecast or estimate (which should include <strong>the</strong> distinctions, <strong>the</strong> statement and <strong>the</strong> basis prescribed<br />

by Paras. 8.1, 8.2 and 8.3 <strong>of</strong> Annex XI to Commission Regulation (EC) No. 809/2004 respectively, in<br />

each case so far as such information is known to <strong>the</strong> Issuer and/or has been made public by <strong>the</strong> Obligor <strong>of</strong><br />

<strong>the</strong> Main Compartment Asset)]<br />

(xiii) Historical financial information<br />

[ - Insert <strong>the</strong> Obligor <strong>of</strong> <strong>the</strong> Main Compartment Asset's audited historical financial information as required<br />

pursuant to Paras. 11.1 and 11.4.1 <strong>of</strong> Annex XI to Commission Regulation (EC) No. 809/2004;<br />

- in <strong>the</strong> case where <strong>the</strong> Obligor <strong>of</strong> <strong>the</strong> Main Compartment Asset has published individual and a consolidated<br />

annual balance sheet, insert both <strong>the</strong> individual as well as <strong>the</strong> consolidated annual balance sheet;<br />

- details <strong>of</strong> whe<strong>the</strong>r and by whom financial information was audited and whe<strong>the</strong>r <strong>the</strong> audit was met with<br />

objections;<br />

- an indication <strong>of</strong> o<strong>the</strong>r information provided by <strong>the</strong> Obligor <strong>of</strong> <strong>the</strong> Main Compartment Asset which has<br />

been audited by <strong>the</strong> auditors; and<br />

- if <strong>the</strong> information provided is not extracted from <strong>the</strong> Obligor <strong>of</strong> <strong>the</strong> Main Compartment Asset's audited<br />

financial statements, state <strong>the</strong> source <strong>of</strong> <strong>the</strong> data and state that <strong>the</strong> data is unaudited,<br />

in each case so far as such information is known to <strong>the</strong> Issuer and/or has been made public by <strong>the</strong> Obligor<br />

<strong>of</strong> <strong>the</strong> Main Compartment Asset]<br />

(xiv) Sources <strong>of</strong> information<br />

[Insert a description <strong>of</strong> <strong>the</strong> sources <strong>of</strong> information used and any statement made in <strong>the</strong> description <strong>of</strong> <strong>the</strong><br />

Obligor <strong>of</strong> <strong>the</strong> Main Compartment Asset]<br />

[Where information was obtained from <strong>the</strong> Obligor <strong>of</strong> <strong>the</strong> Main Compartment Asset, insert <strong>the</strong> following:<br />

The information which was supplied by <strong>the</strong> Obligor <strong>of</strong> <strong>the</strong> Main Compartment Asset was faithfully reproduced<br />

and no facts have been in so far as <strong>the</strong> Issuer is aware and/or is able to ascertain from information<br />

published by a third party misrepresented which might cause <strong>the</strong> reproduced information to be incorrect<br />

or misleading. No fur<strong>the</strong>r or o<strong>the</strong>r responsibility in respect <strong>of</strong> such information is accepted by <strong>the</strong> Issuer. In<br />

particular, <strong>the</strong> Issuer accepts no responsibility in respect <strong>of</strong> <strong>the</strong> accuracy or completeness <strong>of</strong> <strong>the</strong> information set<br />

115

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