A4 für Copyshop GB.indd - Bayerische Landesbank
A4 für Copyshop GB.indd - Bayerische Landesbank
A4 für Copyshop GB.indd - Bayerische Landesbank
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154 Report by the Board of Administration, accounts of BayernLB and the BayernLB Group and notes to the accounts<br />
Tangible assets<br />
EUR million<br />
This item includes:<br />
• Land and buildings used for own<br />
operations<br />
• Office furniture and equipment<br />
Other assets<br />
EUR million<br />
This item includes:<br />
• Premium claims from credit<br />
derivatives<br />
• Premium from credit derivatives not<br />
yet received<br />
• Claims on the German Tax<br />
Authorities<br />
Deferred taxes<br />
EUR million<br />
BayernLB Group<br />
2004 2003 2004 2003<br />
104<br />
47<br />
107<br />
94<br />
153<br />
64<br />
BayernLB Group<br />
158<br />
115<br />
2004 2003 2004 2003<br />
737<br />
693<br />
176<br />
574<br />
573<br />
433<br />
738<br />
694<br />
160<br />
BayernLB Group<br />
574<br />
573<br />
450<br />
2004 2003 2004 2003<br />
Deferred taxes 263 419 324 431<br />
At BayernLB, deferred taxes have been disclosed pursuant to Section 274 H<strong>GB</strong>. At<br />
Group level, deferred taxes have been combined pursuant to Sections 274 and 306<br />
H<strong>GB</strong>. The figures have been computed on the basis of the income tax rates which apply<br />
in the case of the respective consolidated companies.<br />
The deferred taxes are largely due to the fact that the impact of the German Tax Relief<br />
Act 1999 / 2000 / 2002 and the non-recognition for tax purposes of provisions for antici-<br />
pated unrealised losses have been taken into account.<br />
Deferred income<br />
EUR million<br />
This item includes:<br />
• Premium on receivables<br />
• Discount on liabilities<br />
BayernLB Group<br />
2004 2003 2004 2003<br />
306<br />
280<br />
356<br />
395<br />
324<br />
301<br />
378<br />
419