Landeskreditbank Baden-WÃ¼rttemberg - L-Bank

More documents

Recommendations

Info

Landeskreditbank Baden-Württemberg – Förderbank – Balance sheet as of December 31, 2003 Equity and Liabilities Dec. 31, 2003 Dec. 31, 2002 EUR EUR EUR EUR 1. Liabilities to credit institutions a) Payable on demand .......... 112,389,611.08 192,408,782.68 b) With an agreed maturity or notice period ............... 18,788,060,340.35 19,536,796,366.75 18,900,449,951.43 19,729,205,149.43 2. Liabilities to customers a) Savings deposits aa) With an agreed notice period of three months . . —.— —.— ab) With an agreed notice period exceeding three months ............... —.— —.— —.— b) Other liabilities ba) Payable on demand ..... 122,014,468.53 115,740,022.12 bb) With an agreed maturity or notice period ........ 5,038,300,154.25 3,880,373,942.62 5,160,314.622.78 5,160,314,622.78 3,996,113,964.74 3. Certificated liabilities a) Notes and bonds issued ....... 16,415,697,411.11 14,582,209,402.22 b) Other certificated liabilities thereof: money market securities EUR —.— (—.—) own acceptances and promissory notes outstanding EUR—.—(—.—) .......... —.— —.— 16,415,697,411.11 14,582,209,402.22 4. Fiduciary liabilities thereof: fiduciary loans EUR 511,274,426.95 (665,947,340.82) . . 511,876,387.93 666,549,301.80 5. Other liabilities ................ 1,152,003,643.91 593,926,755.76 6. Deferred items ................. 977,461,922.06 1,087,576,610.33 7. Contingency reserves a) Reserves for pensions and similar obligations .......... 83,308,717.00 80,509,012.00 b) Reserves for taxes ........... 14,000.00 15,437,306.66 c) Other reserves .............. 666,492,854.26 721,532,963.27 749,815,571.26 817,479,281.93 8. Subordinated liabilities ......... 598,818,103.10 444,760,064.00 Carried forward: .................... 44,466,437,613.58 41,917,820,530.21 F-26
Landeskreditbank Baden-Württemberg – Förderbank – Balance sheet as of December 31, 2003 Assets Dec. 31, 2003 Dec. 31, 2002 EUR EUR Brought forward: ........................................... 45,100,186,580.76 42,343,278,773.14 5. . Shares and other non-interest-bearing securities ........... 13,498,105.66 19,960,602.95 6. . Equity investments in non-affiliated companies thereof: in credit institutions EUR 976,726.00 (121,539,351.59) in financial services institutions EUR —.— (—.—) ........... 173,361,827.53 155,447,573.28 7. . Equity investments in affiliated companies thereof: in credit institutions EUR —.— (—.—) in financial services institutions EUR —.— (—.—) ........................... 102,008,403.08 110,108,403.08 8. . Fiduciary assets thereof: fiduciary loans EUR 511,274,426.95 (665,947,340.82) ...................................... 511,876,387.93 666,549,301.80 9. . Intangible assets ...................................... —.— —.— 10. Tangible assets ....................................... 122,665,210.34 125,982,633.07 11. Other assets .......................................... 60,145,306.87 47,369,786.03 12. Deferred charges and prepaid expenses ................... 140,946,144.52 116,207,303.09 Total assets ............................................... 46,224,687,966.69 43,584,904,376.44 F-27
Page 1 and 2:
INTERNATIONAL PROSPECTUS SUPPLEMENT
Page 3 and 4:
ISSUER Landeskreditbank Baden-Würt
Page 5 and 6:
TABLE OF CONTENTS Use of Proceeds .
Page 7 and 8:
EXCHANGE RATE INFORMATION The follo
Page 9 and 10:
Maturity, Repurchase Maturity. The
Page 11 and 12:
the rules of such stock exchange pe
Page 13 and 14:
THE CLEARING SYSTEMS DTC DTC is a l
Page 15 and 16:
Cross-market transfers between pers
Page 17 and 18:
For the purposes of this provision,
Page 19 and 20:
These activities by the managers or
Page 21 and 22:
You should rely only on the informa
Page 23 and 24:
PROSPECTUS SUMMARY The following su
Page 25 and 26:
APPLICATION OF PROCEEDS As may be m
Page 27 and 28:
(4) Loans to customers (i.e., non-c
Page 29 and 30:
transferred to independent subsidia
Page 31 and 32:
Our housing-related activities are
Page 33 and 34:
(1) Holdings in companies for strat
Page 35 and 36:
Loan Portfolio Risks We maintain a
Page 37 and 38:
securities portfolio. In accordance
Page 39 and 40:
The following table shows our borro
Page 41 and 42:
authorized limits. A daily risk and
Page 43 and 44:
MANAGEMENT INFORMATION Introduction
Page 45 and 46:
credit institutions increased by 10
Page 47 and 48:
To control the risks of unhedged po
Page 49 and 50:
RECENT DEVELOPMENTS Development of
Page 51 and 52:
MANAGEMENT Board of Management Our
Page 53 and 54:
Wirtsch.-Ing. Bernd Bechtold Presid
Page 55 and 56:
REGULATION AND SUPERVISION OF L-BAN
Page 57 and 58:
non-banking corporations if the use
Page 59 and 60:
Covering Market Risk Positions Mark
Page 61 and 62:
ank, and the aggregate nominal valu
Page 63 and 64:
may at any time change the reserve
Page 65:
The Entschädigungseinrichtung GmbH
Page 68 and 69:
ECONOMY General Germany The economy
Page 70 and 71:
Industrial Structure General Positi
Page 72 and 73:
The following table shows the amoun
Page 74 and 75:
The Euro-zone follows a mutual mone
Page 76 and 77:
Revenue Equalization While the Germ
Page 78 and 79:
For more detailed information regar
Page 80 and 81:
Outstanding Principal Maturity Amou
Page 82 and 83:
DESCRIPTION OF THE DEBT SECURITIES
Page 84 and 85:
(iv) a waiver by the holders of the
Page 86 and 87:
CURRENCY CONVERSION RATES The follo
Page 88 and 89: TAXATION UNITED STATES FEDERAL INCO
Page 90 and 91: number of complete years to maturit
Page 92 and 93: will equal such U.S. Holder’s ini
Page 94 and 95: using the constant yield method des
Page 96 and 97: We have included the federal income
Page 98 and 99: Capital gains resulting from the di
Page 100 and 101: SUMMARY OF CERTAIN DIFFERENCES BETW
Page 102 and 103: The credit risk of the loan and sec
Page 104 and 105: Under U.S. GAAP, repurchased debt s
Page 106 and 107: LIMITATIONS ON ACTIONS AGAINST THE
Page 108 and 109: GLOSSARY This glossary describes ce
Page 110 and 111: Administrative loans, which are loa
Page 112 and 113: Depreciation and accumulated amorti
Page 114 and 115: Landeskreditbank Baden-Württemberg
Page 116 and 117: Balance sheet as at December 31, 20
Page 118 and 119: Statement of income for the period
Page 120 and 121: Notes to the annual financial state
Page 132 and 133: Authorities of Landeskreditbank Bad
Page 134 and 135: Proposal of the Board of Management
Page 136 and 137: FINANCIAL STATEMENTS OF L-BANK AS O
Page 140 and 141: Landeskreditbank Baden - Württembe
Page 154 and 155: Directorships held by members of th
Page 156 and 157: State government deputy representat
Page 158 and 159: Independent Auditors’ opinion We
Page 178 and 179: Directorships held by members of th
Page 180 and 181: Authorities of Landeskreditbank Bad
Page 182 and 183: Proposal of the Board of Management
Page 184 and 185: Debt of L-Bank at December 31, 2004
Page 186: Debt Securities
show all

Landeskreditbank Baden-WÃ¼rttemberg - L-Bank

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?