A4 für Copyshop GB.indd - Bayerische Landesbank

162 Report by the Board of Administration, accounts of BayernLB and the BayernLB Group and notes to the accounts
Other financial obligations
Other financial obligations notably arise from rental, use, service and maintenance
contracts, and from consulting and marketing agreements.
On the balance sheet date, there were call commitments for capital not fully paid up
of EUR 45 million at BayernLB and EUR 47 million at Group level. There were uncalled
liabilities from limited partnership relationships of EUR 51 million, and joint liabilities
pursuant to Section 24 German Law on Limited Liability Companies (GmbHG) in respect
of EUR 18 million. Moreover, there were additional funding obligations amounting to
EUR 39 million at BayernLB and EUR 50 million at Group level, as well as a directly
enforceable guarantee for the funding obligation of shareholders of the Frankfurt /
Main-based Liquiditäts-Konsortialbank GmbH, who are members of Deutsche Spar-
kassen- und Giroverband e. V. Amounts due to affiliated companies amounted to
EUR 84 million at BayernLB and EUR 86 million for the Group.
Pursuant to Section 157 Conversion law, there is a secondary liability for the Berlin-
based Deutsche Kreditbank Aktiengesellschaft in respect of liabilities.
On the balance sheet date, BayernLB’s liability as a member of the guarantee fund of
the landesbanks came to EUR 88 million and that of the Group to EUR 93 million.
Under the terms of the statutes of the deposit insurance fund run by the Association
of German Public-Law Banks (VÖB), the Bank has undertaken to exempt the VÖB from
any losses which may be suffered due to measures taken in favour of two credit insti-
tutions which are majority-owned by the Bank. As members of deposit protection
schemes, individual consolidated institutions are also liable under the provisions
governing those schemes.