A4 für Copyshop GB.indd - Bayerische Landesbank

Report by the Board of Administration, accounts of BayernLB and the BayernLB Group and notes to the accounts
Comment on the cash flow statement
The DRS 2 – 10 standards (German Accounting Standards) issued by the DRCS (German
Accounting Standards Committee) were duly observed when the cash flow statement
was drawn up.
The cash flow statement shows the cash flows of the financial year classified into
“operating activities”, “investment activities” and “financing activities”.
The financial resources balance disclosed comprises the cash balance and deposits
with central banks, along with debt instruments issued by public-sector entities and
bills of exchange eligible for funding at the Deutsche Bundesbank. Financial resources
are not subject to any drawing restrictions. EUR 1 million of the financial resources are
apportionable to consolidated companies on a pro rata basis.
The change in other items not affecting the cash flow includes also the net write-back
of deferred taxes and the revaluation result of the trading and liquidity portfolio.
During the financial year, EUR 3 million was paid for the acquisition of participations
and affiliated companies, with the whole amount being taken from financial resources.
Sales proceeds of EUR 654 million were posted, of which EUR 282 million was allocated
to financial resources.
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