18.07.2012 Views

COMMERZBANK AKTIENGESELLSCHAFT

COMMERZBANK AKTIENGESELLSCHAFT

COMMERZBANK AKTIENGESELLSCHAFT

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

28 Commerzbank Interim Report as of June 30, 2009<br />

(15) Assets held for trading purposes<br />

in € m 30.6.2009 31.12.2008 Change in %<br />

Bonds, notes and other interest-rate-related securities 30,387 17,352 75.1<br />

Shares and other equity-related securities 7,444 5,475 3 .0<br />

Promissory notes held for trading purposes 738 1,110 –33.5<br />

Loans and positive market values of lending commitments 1,484 1, 50 –10.1<br />

Positive fair values attributable to derivative financial instruments 195,918 92,982 .<br />

Total 235,971 118,569 99.0<br />

(16) Financial investments<br />

in € m 30.6.2009 31.12.2008 Change in %<br />

Bonds, notes and other interest-rate-related securities 1 135,489 123,938 9.3<br />

Shares and other equity-related securities 1,375 1,999 –31.2<br />

Investments 1,058 1,093 –3.2<br />

Investments in associated companies 3 0 29 21.<br />

Holdings in subsidiaries 149 124 20.2<br />

Total 138,431 127,450 8.6<br />

of which: at equity participations in associated companies 3 0 29 21.<br />

of which relate to the category:<br />

Loans and receivables 1 81,993 83,5 3 –1.9<br />

Available-for-sale financial assets 47,223 41,534 13.7<br />

of which: valued at amortized cost 452 57 –21.5<br />

Applying the fair value option 8,855 2,057 .<br />

1 reduced by portfolio impairment charges of €42m (previous year: €25m)<br />

Securities from the Public Finance portfolio previously classified<br />

as “Available for Sale” were reclassified as “Loans and Receivables”<br />

in the 2008 and 2009 financial years. The revaluation<br />

reserve after deferred taxes for the reclassified securities was<br />

–€1.2bn as at June 30, 2009. If this reclassification had not been<br />

(17) Intangible assets<br />

carried out, there would have been a revaluation reserve after<br />

deferred taxes of –€1.8bn for these holdings as at June 30, 2009;<br />

the book value on the balance sheet date was €77.1bn and the<br />

fair value €76.2bn.<br />

in € m 30.6.2009 31.12.2008 Change in %<br />

Goodwill 1,794 1,00 78.3<br />

Other intangible assets 1,289 330 .<br />

Total 3,083 1,336 .<br />

In other intangible assets, acquired customer relationships are represented with €670m (previous year: €58m) and the acquired brand<br />

names with €174m (previous year: €64m).

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!