COMMERZBANK AKTIENGESELLSCHAFT

Group Financial Statements
342
286 Commerzbank Annual Report 2011
(79) Maturities of assets and liabilities
The table below lists all assets and liabilities (except for positive
and negative fair values of derivative financial instruments)
showing whether they are short-term or long-term. Please refer
to Note 77 for the maturity breakdown of derivatives.
The residual term or the time of anticipated realisation or
fulfilment is defined as short-term if the period between the
reporting date and the instrument’s maturity date is less than
one year.
Financial instruments in trading assets and liabilities without
contractual maturities, the cash reserve item, non-current assets
and liabilities held for sale and current taxes on income are
classified as short-term. By contrast, the items holdings in
companies accounted for using the equity method, intangible
assets, fixed assets, investment properties and deferred taxes
are generally classified as long-term. When classifying other
assets and liabilities we use an estimate for the relevant items.
For information on how the maturities of the main types of
provisions are classified, please refer to Note 67.
€m Short-term Long-term
Cash reserve 6,075 –
Claims on banks 77,365 10,425
Claims on customers 102,172 194,414
Trading assets 17,435 14,658
Financial investments 10,297 84,226
Holdings in companies accounted for using the equity method – 694
Intangible assets – 3,038
Fixed assets – 1,399
Investment properties – 808
Non-current assets and disposal groups held for sale 1,759 –
Current tax assets 716 –
Deferred tax assets – 4,154
Other assets 2,298 1,091
Total 218,116 314,908
Liabilities to banks 62,390 36,091
Liabilities to customers 208,755 46,589
Securitised liabilities 28,160 77,513
Trading liabilities 10,379 1,537
Provisions 3,083 678
Current tax liabilities 680 –
Deferred tax liabilities – 189
Liabilities from disposal groups held for sale 592 –
Other liabilities 2,978 4,528
Subordinated and hybrid capital 1,143 14,317
Total 318,160 181,442