COMMERZBANK AKTIENGESELLSCHAFT

To our Shareholders Corporate Responsibility Management Report Risk Report Group Financial Statements Further Information 285 341
258 202 Statement of comprehensive income
260 204 Balance sheet
262 206 Statement of changes in equity
264 208 Cash flow statement
266 210 Notes
409 353 Auditors’ report
(78) Assets pledged as collateral
Financial assets were pledged as collateral for the following financial liabilities:
€m 31.12.2011 31.12.2010 Change in %
Liabilities to banks 41,834 60,504 – 30.9
Liabilities to customers 29,148 19,330 50.8
Securitised liabilities – – .
Other liabilities – – .
Total 70,982 79,834 – 11.1
The following financial assets (own and third-party holdings) were pledged as collateral for the above-mentioned liabilities, which are
shown after netting:
€m 31.12.2011 31.12.2010 Change in %
Claims on banks and customers 24,031 23,911 0.5
Trading assets and financial investments 60,371 66,602 – 9.4
Other assets – – .
Total 84,402 90,513 – 6.8
The recipient of the collateral has the right under contract or in accordance with customary practice to sell or pledge the following
financial assets of the Commerzbank Group to others:
€m 31.12.2011 31.12.2010 Change in %
Claims on banks and customers 77 94 – 18.1
Trading assets and financial investments 19,087 41,771 – 54.3
Other assets – – .
Total 19,164 41,865 – 54.2
Collateral was furnished to borrow funds as part of securities
repurchase agreements (repos). In 2011, greater use was made
of third-party securities for pledging as collateral. Collateral was
also furnished for funds borrowed for specific purposes and
securities-lending transactions. The transactions were carried
out under the standard market terms for securities lending and
repurchase transactions.
Group Financial Statements