Landeskreditbank Baden-Württemberg - L-Bank

Notes to the annual financial statements of
Landeskreditbank Baden-Württemberg – Förderbank –
for the financial year ended December 31, 2003
The following tables do not include fully hedged derivative structures incorporated into standard Bank products.
Transactions involving derivatives – by contracting party
Dec. 31, 2003 Dec. 31, 2002 Dec. 31, 2003 Dec. 31, 2003
Nominal values Nominal values
Credit risk
equivalents Replacement costs
EUR million EUR million EUR million EUR million
• Banks in the OECD ..................... 85,515 71,195 568 1,903
• Public-sector institutions in the OECD ...... 549 75 35 32
• Other counterparties (incl. stock exchange
contracts) .............................. 7,489 6,429 829 574
Total .................................... 93,553 77,699 1,432 2,509
Transactions involving derivatives – by maturity
Residiual maturities
Dec. 31, 2003 Dec. 31, 2002 Dec. 31, 2003 Dec. 31, 2002 Dec. 31, 2003 Dec. 31, 2002
Interest rate
risks
Interest rate
risks
Currency
risks
Currency
risks
Credit derivative
risks
Credit derivative
risks
EUR million EUR million EUR million EUR million EUR million EUR million
• up to 3 months ..... 5,062 5,850 452 169 20 100
• up to 1 year ....... 19,185 6,615 921 28 30 55
• up to 5 years ...... 25,176 24,422 3,139 3,144 566 340
• more than 5 years . . 37,854 36,256 715 435 433 285
Total ............... 87,277 73,143 5,227 3,776 1,049 780
F-38