Landeskreditbank Baden-Württemberg - L-Bank

Notes to the annual financial statements of
Landeskreditbank Baden-Württemberg – Förderbank –
for the financial year ended December 31, 2002
Notes to individual balance sheet items
Dec. 31, 2002 Dec. 31, 2001
EUR ’000 EUR ’000
Fiduciary assets
This item is broken down as follows:
• receivables from credit institutions .................................. 181,189 191,115
• receivables from customers ....................................... 485,361 625,170
Tangible assets
This item includes:
• real estate and buildings utilized for the Bank’s own activities ............ 89,631 93,555
• furniture and office equipment ..................................... 13,003 12,408
Deferred charges, prepaid expenses and deferred items – Assets
• Difference between net loan proceeds or original cash outlay and lower par
(nominal) value of receivables ..................................... 54,480 34,297
• Difference between amount issued and higher amount repayable of
payables ....................................................... 53,770 47,530
Liabilities to credit institutions
Under this heading are shown:
• liabilities to affiliated companies ................................... — —
• liabilities to non-affiliated companies ................................ 713 17,292
Liabilities to customers
Under this heading are shown:
• liabilities to affiliated companies ................................... 26,679 9,331
• liabilities to non-affiliated companies ................................ — —
Fiduciary liabilities
Fiduciary liabilities are divided up into:
• liabilities to credit institutions ...................................... 85,759 99,177
• liabilities to customers ........................................... 580,790 717,108
Deferred charges, prepaid expenses and deferred items – Liabilities
• Difference between net loan proceeds or original cash outlay and higher par
(nominal) value of receivables ..................................... 36,485 41,059
• Difference between amount issued and lower amount repayable of
payables ........................................................ 2,338 3,023
Subordinated liabilities
This item does not include any liabilities to affiliated or non-affiliated companies.
Interest expenses in respect of subordinated liabilities .......................... 18,412 18,298
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