Landeskreditbank Baden-Württemberg - L-Bank

Notes to the annual financial statements of
Landeskreditbank Baden-Württemberg – Förderbank –
for the financial year ended December 31, 2002
Fixed assets analysis
EUR ’000
Fixed assets – balance
sheet items –
Historical
cost
Jan. 1, 2002 Additions Retirements Transfers Write-ups
Write-offs
and
cumulative
depreciation
Book value
Dec. 31, 2002
Write-offs
and
depreciation
in 2002
Notes and other
interest-bearing
securities ....... 6,428,934 7,481,851 0
Shares and other
non-interestbearing
Net adjustments in compliance
securities ....... 0
Equity investments
in non-affiliated
companies ...... 176,825
with § 34 para. 3 subpara. 2 RechKredV: 0 0
TEUR 1,109,666
155,448 –4,720
Equity investments
in affiliated
companies ...... 31,982 110,108 0
Tangible assets .... 180,113 11,158 –16,493 0 0 –48,795 125,983 –11,082
Other assets ....... 13,663 88 0 0 0 –19 13,722 –3
Landeskreditbank Baden-Württemberg – Förderbank –
hedging account for mortgage bonds at December 31, 2002
Dec. 31, 2002 Dec 31, 2001
EUR million EUR million
Mortgage bonds issued ................................................... 3,104 3,808
Specific assets allocated for hedging
– receivables from credit institutions ........................................ 206 137
– receivables from customers .............................................. 3,234 4,268
Surplus cover .......................................................... 336 597
Total emoluments paid out to authorities and administrative bodies
of Landeskreditbank Baden-Württemberg – Förderbank – in 2002 (EUR ’000)
Dec. 31, 2002 Dec. 31, 2001
EUR ’000 EUR ’000
– Board of Governors ............................................. 160 130
– Board of Management ........................................... 1,582 1,380
– Former members of the Board of Management or their dependents ....... 890 793
– Advisory Council (incl. travel expenses) ............................ 214 200
– Pension reserves for former members of the Board of Management and
their dependents ................................................ 11,413 9,364
F-64