Landeskreditbank Baden-Württemberg - L-Bank

Notes to the annual financial statements for
the financial year ended December 31, 2004
Notes to individual balance sheet items
Receivables from credit institutions
Dec. 31, 2004 Dec. 31, 2003
EUR ’000 EUR ’000
Under this heading are shown:
– receivables from non-affiliated companies ............................ — 128,000
Receivables from customers
Under this heading are shown:
– receivables from affiliated companies ................................ 139,355 140,598
– receivables from non-affiliated companies ............................ 245,474 230,430
– subordinated receivables .......................................... 7,987 2,271
Notes and other interest-bearing securities
The subitem “Bonds and notes” does not include any certificated subordinated
receivables or receivables from affiliated or non-affiliated companies.
Of the securities shown under this heading:
– listed securities account for ........................................ 9,108,339 8,341,014
– unlisted securities account for ...................................... 94,669 156,924
Securities amounting to TEUR 8,935,659 are assigned to fixed assets. Of these,
TEUR 935,348 are valued as fixed assets. Because of the intention to retain these
assets in the long term, short-term value fluctuations have not been taken into
account. The relevant (unexercised) depreciation amounts to TEUR 1,473.
Equity investments in non-affiliated companies
Of the marketable securities included under equity investments in non-affiliated
companies
– listed securities account for ........................................ 1,592 —
– unlisted securities account for ...................................... — —
Equity investments in affiliated companies
This item does not include equity investments which have been certificated as
marketable securities.
Fiduciary assets
This item is broken down as follows:
– Receivables from credit institutions ................................. 160,529 171,036
– Receivables from customers ....................................... 245,761 340,841
Tangible assets
This item includes:
– real estate and buildings utilized for the Bank’s own activities ............ 82,852 86,359
– furniture and office equipment ..................................... 9,537 12,408
F-11