Landeskreditbank Baden-Württemberg - L-Bank

Landeskreditbank Baden-Württemberg – Förderbank
Statement of income for the period from January 1, 2003 to December 31, 2003
Dec. 31, 2003 Dec. 31, 2002
EUR
EUR
Brought forward: ................................................ 317,520,069.23 295,463,002.15
11. Depreciation and accumulated
amortization
on receivables and certain securities,
together with allowances for possible
loan losses
thereof: transferred to special item
“Fund for general bank risks”
EUR 20,094,829.31 (—.—) ................................... 138,327,759.32 132,669,003.32
12. Depreciation and accumulated amortization on equity investments
in non-affiliated companies, affiliated companies and securities
treated as fixed assets ....................................... 6,610,878.35 4,636,327.14
13. Costs arising from loss assignments ........................... 40,000.00 50,000.00
14. Result from ordinary business operations ...................... 172,541,431.56 158,107,671.69
15. Taxes on income ........................................... 220,398.14 573,556.01
16. Other taxes, where not shown under item 10 ................... 95,151.53 177,782.24
17. Allocation to reserves for interest rate reductions ............... 68,795,701.38 70,778,025.06
18. Net profit ................................................. 103,430,180.51 86,578,308.38
19. Balance brought forward from the previous year ................ 1,969,382.91 33,249,577.47
105,399,563.42 119,827,885.85
20. Transfers to retained profit and reserves to other retained profit
and reserves .............................................. 103,000,000.00 85,500,000.00
21. Distributable profit ........................................ 2,399,563.42 34,327,885.85
F-30