Annual Report 2010 (PDF) - USB Bank
Annual Report 2010 (PDF) - USB Bank
Annual Report 2010 (PDF) - USB Bank
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Statement of financial position<br />
for the year ended 31 December <strong>2010</strong><br />
<strong>2010</strong> 2009<br />
Note € €<br />
ASSETS<br />
Cash and balances with the Central <strong>Bank</strong> 10 22.744.506 45.254.922<br />
Placements with banks 11 11.640.310 11.946.443<br />
Loans and advances to customers 12 327.021.153 307.759.453<br />
Investments held-to-maturity 13 157.922.918 140.549.739<br />
Investments available for sale 14 8.896.933 3.693.725<br />
Investment properties 15 5.700.000 6.185.000<br />
Investment in subsidiary company 16 1.265 1.265<br />
Property and equipment 17 6.155.615 6.341.560<br />
Intangible assets 18 137.796 298.612<br />
Other assets 19 1.735.072 1.529.169<br />
Total assets 541.955.568 523.559.888<br />
LIABILITIES<br />
Placements by banks and financing<br />
from the Central <strong>Bank</strong> 20 30.210.721 29.483.247<br />
Customer deposits 20 470.570.828 447.832.762<br />
Other liabilities 21 6.949.549 6.697.867<br />
Loan capital 22 10.182.963 8.973.903<br />
Total liabilities 517.914.061 492.987.779<br />
EQUITY<br />
Share capital 23 25.938.208 25.869.138<br />
Share premium 21.177.967 21.164.638<br />
Revaluation reserves 24 3.330.095 3.356.138<br />
Accumulated losses (26.404.763) (19.817.805)<br />
24.041.507 30.572.109<br />
Total liabilities and equity 541.955.568 523.559.888<br />
Maurice Sehnaoui<br />
Andreas Theodorides<br />
Paola Ioannou<br />
Chairman<br />
Deputy Managing Director<br />
Financial Accountant<br />
32<br />
Αnnual <strong>Report</strong> <strong>2010</strong>