A4 für Copyshop GB.indd - Bayerische Landesbank

More documents

Recommendations

Info

172 Report by the Board of Administration, accounts of BayernLB and the BayernLB Group and notes to the accounts Disclosures relating to the profit and loss statement of the BayernLB and the consolidated profit and loss statement Other operating income and expenses The main items included under Other operating income are earnings from tax refunds of EUR 140 million for BayernLB and EUR 145 million for the Group (EUR 142 million for the BayernLB and EUR 145 million for the Group in the previous year) as well as earnings from the write-back of other provisions worth EUR 23 million at BayernLB and EUR 26 million at Group level (EUR 27 million and EUR 30 million respectively in the previous year). Other operating income also includes one-off earnings of EUR 123 million posted by Deutsche Kreditbank Aktiengesellschaft, Berlin. This amount resulted from the early termination of payment obligations under the D-Markbilanzgesetz (DMBilG – legisla- tion created in connection with German reunification) and, consequently, the neces- sary review of reserves and valuation of residual risks at the Bank. The main items included under Other operating expenses constitute expenditure on provisioning measures affecting holdings of the Deutsche Kreditbank Aktiengesell- schaft, Berlin. Extraordinary expenses This position includes in particular the payment of EUR 320 million to the Free State of Bavaria upon termination of the EU state aid proceedings. Taxes on income and earnings Taxes disclosed on income and earnings relate to the result from ordinary business. The tax position is also influenced by the writing back of tax deferrals. Geographical markets EUR million The total amount of income disclosed in items 1, 3, 5, 7 and 8 breaks down into the following geographical markets: • Germany • Europe (excluding Germany) • Americas • Asia BayernLB Group 2004 2003 2004 2003 8,766 919 818 236 9,058 1,119 1,095 327 10,233 1,913 818 239 10,351 1,917 1,094 332
Report by the Board of Administration, accounts of BayernLB and the BayernLB Group and notes to the accounts Supplementary information The administrative bodies of BayernLB* Board of Administration Prof. Dr. Kurt Faltlhauser Chairman State Minister, Bavarian State Ministry of Finance Dr. Siegfried Naser First Vice Chairman Executive President of the Association of Bavarian Savings Banks Dr. Günther Beckstein Second Vice Chairman State Minister, Bavarian State Ministry of the Interior Hansjörg Christmann Third Vice Chairman Chief District Administrator of the District of Dachau Josef Deimer Lord Mayor of the City of Landshut Alois Hagl Chairman of the Board of Directors of Sparkasse im Landkreis Schwandorf Georg Schmid Permanent Secretary, Bavarian State Ministry of the Interior Klaus Weigert Deputy Secretary, Bavarian State Ministry of Finance Prof. Hubert Weiler Chairman of the Board of Directors of Sparkasse Nürnberg Dr. Otto Wiesheu State Minister, Bavarian State Ministry of Economic Affairs, Infrastructure, Transport and Technology Board of Management Werner Schmidt Chairman Dr. Peter Kahn (until 31. 12. 2004) Deputy Chairman Werner Strohmayr (until 30. 06. 2004) Dr. Rudolf Hanisch Dieter Burgmer Theo Harnischmacher Stefan W. Ropers Dr. Gerhard Gribkowsky * Relevant for the period from 1 January to 31 December 2004. 173
Page 1 and 2:
Annual Report and Accounts 2004
Page 3 and 4:
LBS Bayern Corporates Business Area
Page 5 and 6:
Clear figures. Clear objectives. Th
Page 7:
Foreword by the Board of Management
Page 11 and 12:
1 Board of Management and executive
Page 13 and 14:
Dr. Rudolf Hanisch born in 1946, De
Page 15 and 16:
In transforming its business model,
Page 17 and 18:
Sparkassen-Finanzgruppe Bayern Baye
Page 19 and 20:
Financial Statements Audit Committe
Page 21 and 22:
Norbert Kastner Lord Mayor of the C
Page 25 and 26:
2 Economic situation
Page 27 and 28:
(Hartz IV) contributed to an overal
Page 30:
An open mind. Clarity. Inspiration.
Page 34 and 35:
30 BayernLB - our company } BayernL
Page 36 and 37:
32 BayernLB - our company } Restruc
Page 38 and 39:
34 BayernLB - our company } Cross-b
Page 40 and 41:
36 BayernLB - our company } Lead ar
Page 42 and 43:
38 BayernLB - our company } Coopera
Page 44 and 45:
40 BayernLB - our company Real Esta
Page 46 and 47:
42 BayernLB - our company Activitie
Page 48 and 49:
Page 50 and 51:
46 BayernLB - our company New issue
Page 52 and 53:
48 BayernLB - our company and the U
Page 54 and 55:
50 BayernLB - our company Savings B
Page 56 and 57:
Page 58 and 59:
54 BayernLB - our company } LBS Bay
Page 60 and 61:
56 BayernLB - our company } Moderni
Page 62 and 63:
58 BayernLB - our company Group ret
Page 64 and 65:
60 BayernLB - our company In 2004,
Page 66 and 67:
62 BayernLB - our company Support o
Page 68 and 69:
64 BayernLB - our company Landesban
Page 70 and 71:
66 BayernLB - our company Magyar K
Page 72 and 73:
68 BayernLB - our company Banque LB
Page 74 and 75:
70 BayernLB - our company LB(Swiss)
Page 76 and 77:
72 BayernLB - our company Corporate
Page 78 and 79:
74 BayernLB - our company } Shared
Page 80 and 81:
76 BayernLB - our company } Target
Page 82 and 83:
78 BayernLB - our company Our staff
Page 84 and 85:
80 BayernLB - our company Fostering
Page 86 and 87:
82 BayernLB - our company Public se
Page 88 and 89:
84 BayernLB - our company DKB and S
Page 90 and 91:
A product is only as good as the to
Page 93 and 94:
4 Report on the Bank and the Group
Page 95 and 96:
position and serves as a bridgehead
Page 97 and 98:
Management report Assets, liabiliti
Page 99 and 100:
Funding EUR billion Due to banks -
Page 101 and 102:
EUR million 1.1. - 31.12.2004 Bayer
Page 103 and 104:
Group operating expenses were down
Page 105 and 106:
In the 2004 financial year, the ope
Page 107 and 108:
Outlook The forecasts relating to t
Page 109 and 110:
Strategy / rating Upon withdrawal o
Page 111 and 112:
BayernLB’s subsidiaries (Hungaria
Page 113 and 114:
Gross exposure by Group entity [%]
Page 115 and 116:
Investment risk Similarly to counte
Page 117 and 118:
Net exposure of the Group by countr
Page 119 and 120:
Market price risk Market risk compr
Page 121 and 122:
Operational risk BayernLB defines o
Page 123:
119
Page 127 and 128: 5 Report by the Board of Administra
Page 129 and 130: Report by the Board of Administrati
Page 133 and 134: Liabilities 1. Due to banks a) Paya
Page 135 and 136: Liabilities Report by the Board of
Page 139 and 140: Liabilities 1. Due to banks a) Paya
Page 141 and 142: Liabilities Report by the Board of
Page 175: Report by the Board of Administrati
Page 185: Complex enterprises demand reliabil
Page 188 and 189: 184 Advisory Boards and addresses T
Page 190 and 191: 186 Advisory Boards and addresses D
Page 192 and 193: 188 Advisory Boards and addresses B
Page 194: 190 Advisory Boards and addresses S
Page 198: Bayerische Landesbank Brienner Stra
show all

A4 für Copyshop GB.indd - Bayerische Landesbank

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?