996 - Banca Antonveneta

GIOTTO FINANCE SPASUMMARY STATEMENT FOR SECURITISED ASSETS AND ISSUED SECURITIES31.12.2007 31.12.2006A. Securitised assetsA.1) Loans 287,236,424 383,714,058A.2) Default interest receivable 25,552 22,256287,261,976 383,736,314B. Use of cash from credit managementB.2) Capital notesB.3) OthersB.3 a) Cash and cash equivalents on BAPV Padua current accounts 2,554,542 2,819,899B.3 b) Cash and cash equivalents on ABN AMRO london current ccounts 4,946,089 5,644,191B.3 c) Cash and cash equivalents on PARIBAS Milan current accounts 52,510 43,009B.3 d) Cash and cash equivalents on BAPV Luxembourg current accounts 21,910,598 25,708,107B.3 e) Transitory account for mortgage instalments 215,942 258,884B.3 f) Accrued income on securitised mortgages 1,012,792 1,127,963B.3 g) Accrued IRS income 126,695 454,99630,819,168 36,057,049C. Securities issuedC.1) Class A – Senior 164,170,760 260,436,220C.2) Class B – Senior 53,000,000 53,000,000C.3) Class C – Junior 93,810,000 93,810,000310,980,760 407,246,220D. Loans receivedE. Other liabilitiesE.1) Due to Special Purposed Entities 105,684 105,699E.2) Interest expense accruals on securities 2.,20,303 2,824,508E.3) Accruals of commissions for servicing 68,330 91,298E.4) Commissions and expenses payable 4,250 17,028E.5) Amounts to be paid to BAPV 1,749,317 2,149,246E.6) Other accrued liabilities 9,8614,457,745 5,187,779F. Interest expense on securities issued (*)F.1) Interest expense on Class A – Senior securities 8,869,569 9,717,615F.2) Interest expense on Class B – Senior securities 2,574,635 1,937,992F.3) Interest expense on Class C – Junior securities 1,902,258 1,902,258F.4) Variable Return on Class C – Junior securities 7,795,974 9,607,366F.5) Balance of Interest Rate Swap charges (2,519.,94) (3,639,239)18,622,542 19,525,992G. Commissions of the transaction (*)G.1) for servicing 307,852 406,052G.2) for other services:G.2 a) Expense reimbursement to Special Purpose Entities 125,768 131,000G.2 b) Treasury management 25,000 25,000G.2 c) Securities administration and listing expenses 18,000 18,000G.2 d) Commissions on guarantee received 48,056 50,695G.2 e) Ratings Agency Commissions 14,812 23,625539,488 654,372H. Other chargesH.1) Net adjustments to loans 148 406H.2) Banking fees 4,558,070 5,476,183H.3) Losses on credit collection 541,642 936,931H.4) Write downs of default interest 119 149H.5) Extraordinary expenses 3,685 18,2645,103,664 6,431,933I. Interest generated by securitised assets (*)I.1) Interest on purchased mortgage loans 18,141,632 19,633,368I.2) Default interest collected 109,154 115,450I.3) Default interest accrued but not collected 25,552 22,25618,276,338 19,771,074L. Other income (*)L.1) Gains on credit collection 207,626 341,852L.2) Interest income, net of taxes, on bank deposits 765,666 603,665L.3) Extraordinary income 282,908 323,585L.4) Net write-backs on loans 16,431 37,0921,272,631 1,306,194(*) Items inserted according to the accrual principle.The structure and form of the summary statement are in line with the provisions of the ruling of the Bank of Italy on 29 th March2000 (G.U. n. 78 of 3 rd April 2000).164