Untitled - Saxo World

NOTES to the financial statementsSaxo Bank GroupSaxo Bank A/SNote (DKK 1,000) 2009 2008 2009 200824 Other provisionsRestructuring etc. 143,687 77,689 130,188 74,342The Danish Private Contingency Association 39,905 4,551 39,905 4,551Other 13,550 15,740 13,550 38Total other provisions 197,142 97,980 183,643 78,93125 Subordinated loansSubordinated loans 409,283 409,362 409,283 409,362Total subordinated loans 409,283 409,362 409,283 409,362Hereof included in Base capital DKK 372.1 million (2008: DKK 390.8 million).Loanamount Obtained DueEURmillionInterestrateMarginfirst periodMarginsecond periodRate Years Rate YearsFIH Erhvervsbank 10 2006 2014 EURIBOR 2.25% 5 4.00% 3Xenon Capital Plc. 1 2007 2019 EURIBOR 2.95% 10 3.95% 3Dekania CDO II 7 2007 2019 EURIBOR 2.95% 10 3.95% 3Dekania CDO III 12 2007 2019 EURIBOR 2.95% 10 3.95% 3Xenon Capital Plc. 15 2007 2020 EURIBOR 2.95% 10 3.95% 3The Bank of New York Mellon 10 2007 2020 EURIBOR 2.95% 10 3.95% 3There are no unusual terms related to the subordinated loans.There have been no significant costs related to obtaining the subordinated loans.Saxo Bank GroupSaxo Bank A/SNote (DKK 1,000) 2009 2008 2009 200826 Contingent and contractual liabilitiesGuarantees 45,311 89,612 45,261 89,612Total guarantees 45,311 89,612 45,261 89,612Other liabilitiesRent commitments towards subsidiaries - - 678,034 2,064Other commitments 356,441 960,206 322,059 922,996Total other liabilities 356,441 960,206 1,000,093 925,060Note 26 continuesANNUAL REPORT 2009 · SAXO BANK · 61