RLB GB engl.44-68 - Raiffeisenlandesbank Niederösterreich-Wien

2. Investments under section 64(1)(11) Banking Act:
Debt securities and other fixed income securities, as well as shares and other listed variable-yield
securities carried as fixed assets, amounted to EUR 268,014 thousand (2000: EUR 237,203 thousand).
Assets were classified as fixed or current by the responsible bodies on a case by case basis.
III. Fixed assets
1. Movements in fixed assets and a breakdown of depreciation for the year are shown in the statement of
fixed assets (Annex I).
2. The value of developed land is nil (2000: EUR 7,389 thousand).
IV. Other assets
This item includes accrued interest receivable of EUR 250,060 thousand (2000: EUR 269,914 thousand)
which does not fall due until after balance sheet date.
V. Accruals and deferred liabilities
The transfer of company pension commitments, including commitments made by the former Raiffeisenbank
Wien reg.Gen.m.b.H. and Raiffeisen-Bau- und Maschinenkreditgenossenschaft für NÖ und Wien
reg.Gen.m.b.H, to ÖPAG Pensionskassen AG in 1996 and 1997, resulted in a total difference of EUR 11,007
thousand between the funding requirements of the pension fund and the provision for pensions prior
to the transfer. Of this, EUR 10,082 thousand is accounted for by RLB AG employees affected by
restructuring. One-tenth of the amount of the shortfall at the time when it arose is reversed every year,
and is recognised as an expense. This item, reported under “Accruals and deferred liabilities”, amounted
to EUR 4,408 thousand (2000: EUR 5,881thousand) at balance sheet date.
VI. Other liabilities
This item includes accrued interest expense of EUR 224,161 thousand (2000: EUR 217,827 thousand)
which does not fall due until after balance sheet date. It also includes the liability of EUR 17,078 thousand
arising from the profit and loss transfer agreement.
VII. Untaxed reserves
1. Valuation reserve arising from special depreciation allowances
Changes in the valuation reserve are reported in Annex 2.
VIII.Supplementary information
1. The assets include EUR 1,945,336 thousand (2000: EUR 2,328,458 thousand) of assets denominated
in foreign currencies; of the liabilities EUR 857,286 thousand (2000: EUR 900,592 thousand) are foreign
currency liabilities.
Annual financial statements 2001
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