COMMERZBANK AKTIENGESELLSCHAFT

Group Financial Statements
370
314 Commerzbank Annual Report 2011
Claims on key management personnel were as follows:
€1,000 31.12.2011 31.12.2010 Change in %
Board of Managing Directors 1,773 2,647 – 33.0
Supervisory Board 322 484 – 33.5
Total 2,095 3,131 – 33.1
Members of the Board of Managing Directors have been granted
cash advances and loans with terms ranging from on demand to
a due date of 2042 and at interest rates ranging between 3.2%
and 8.3%, for amounts overdrawn in certain cases up to 10.9%.
Collateral security is provided on normal market terms, if
necessary through land charges or rights of lien.
Members of the Supervisory Board have been granted loans
with terms ranging from on demand up to a due date of 2037
and at interest rates ranging between 2.6% and 6.3%, and on
amounts overdrawn in certain cases up to 10.9%. Collateral
Transactions with federal agencies
The Commerzbank Group conducts transactions with federal
government-controlled entities as part of its ordinary business
activities on standard market terms and conditions. Details of
security is provided on normal market terms, if necessary
through land charges or rights of lien.
With the exception of rental guarantees the companies of the
Commerzbank Group did not have any contingent liabilities
relating to members of the Board of Managing Directors or the
Supervisory Board in the year under review.
Banking transactions with related parties are carried out on
normal market terms and conditions.
the relationship with SoFFin are contained in Note 73. The table
below sets out the assets and liabilities relating to transactions
with federal agencies as at December 31, 2011:
€m 31.12.2011 31.12.2010 Change in %
Cash reserve 1,179 1,111 6.1
Claims on banks 286 726 – 60.6
Claims on customers 3,349 2,991 12.0
Trading assets 3,576 5,040 – 29.0
Financial investments 3,865 7,079 – 45.4
Total 12,255 16,947 – 27.7
Liabilities to banks 13,390 15,262 – 12.3
Liabilities to customers 256 88 .
Trading liabilities 299 1,951 – 84.7
Subordinated capital 1,937 16,428 – 88.2
Total
Guarantees and collaterals
15,882 33,729 – 52.9
granted 24 298 – 91.9
received 5,000 5,000 0.0
The financial instruments included under trading assets and financial investments are debt instruments.