Untitled - Saxo World

NOTES to the financial statementsSaxo Bank GroupSaxo Bank A/SNote (DKK 1,000) 2009 2008 2009 200812 Receivables from credit institutions and central banksReceivables from credit institutions and central banks on demand 4,144,074 2,539,306 2,744,409 1,688,798Total receivables from credit institutions and central banks 4,144,074 2,539,306 2,744,409 1,688,798Receivables of DKK 129 million from credit institutions have beenadjusted for an impairment loss of DKK 43.3 million (2008: DKK 43.3million).Receivables from credit institutions and central banksby geography:Denmark 1,781,920 705,618 1,738,506 705,418Europe, excluding Denmark 447,096 620,904 361,411 577,053USA 211,751 188,302 211,314 188,302Australia 413,277 116,743 413,277 116,743Asia 1,290,030 907,739 19,901 101,282Total receivables from credit institutions and central banks 4,144,074 2,539,306 2,744,409 1,688,79813 Loans and advancesLoans and advances on demand 92,159 85,286 176,660 109,503Including:Investment brokers 29,352 829 29,352 829Clients 62,807 84,457 45,152 48,021Subsidiaries - - 102,156 60,653Total loan and advances 92,159 85,286 176,660 109,503Clients loans and advances not covered by negative market values ofopen financial contracts, deposits or other securities, amount toDKK 1.7 million after impairment provisions (2008: DKK 2.2 million).Loans, advances and guarantees by sector and industryCredit, finance and insurance 1% 31% 20% 10%Other businesses 42% - 58% 55%Total corporate sector 43% 31% 78% 65%Private customers 57% 69% 22% 35%Total loans, advances and guarantees 100% 100% 100% 100%ANNUAL REPORT 2009 · SAXO BANK · 55