Annual Financial Statements 2010 of Bank Austria

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Notes to the Financial Statements 4. Notes to the balance sheet 4.1. Breakdown by maturity Breakdown by maturity 31 Dec. 2010 31 Dec. 2009 (in EUR) (in EUR thsd) Loans and advances to credit institutions up to three months 3,131,264,472.15 8,830,851 over three months and up to one year 5,277,758,105.03 2,699,338 over one year and up to five years 6,130,480,044.54 6,405,018 over five years 5,484,295,839.48 7,007,824 Loans and advances to customers up to three months 6,588,133,421.12 6,030,128 over three months and up to one year 3,506,446,289.38 3,740,962 over one year and up to five years 13,791,843,334.46 14,690,691 over five years 38,177,478,905.13 37,574,588 Amounts owed to credit institutions up to three months 6,342,569,147.45 7,415,170 over three months and up to one year 2,110,401,609.63 4,841,567 over one year and up to five years 7,256,482,871.97 9,492,674 over five years 9,794,266,112.57 10,988,117 Amounts owed to customers a) Savings deposits *) up to three months 1,467,779,922.52 1,195,331 over three months and up to one year 4,339,532,379.86 4,188,494 over one year and up to five years 3,658,938,261.98 5,099,868 over five years 2,308,511,899.42 2,483,493 b) Other amounts owed to customers up to three months 3,727,425,073.81 2,778,325 over three months and up to one year 6,178,327,773.43 7,662,456 over one year and up to five years 1,593,140,505.25 1,805,917 over five years 1,304,194,190.18 1,429,082 Other debts evidenced by certificates up to three months 1,632,690,885.18 1,335,493 over three months and up to one year 419,808,030.41 1,215,257 over one year and up to five years 1,633,358,990.65 1,793,064 over five years 4,644,129,013.09 4,528,273 *) For savings deposits, the expected deposit period was used as the remaining period pursuant to Section 25 of the Austrian Banking Act. Recognised statistical methods were used for the calculation. 4.2. Assets and liabilities denominated in foreign currencies As at 31 December 2010, foreign currency assets amounted to EUR 28,106,914,369.96 or 23.23 % of total assets (31 December 2009: EUR 27,477,134 thsd or 21.18 % of total assets). Foreign currency liabilities amounted to EUR 28,186,104,488.73 or 23.29 % of the balance sheet total (31 December 2009: EUR 27,556,312 thsd or 21.24 % of the balance sheet total). 4.3. Loans and advances to, and amounts owed to, group companies and companies in which an equity interest is held Group companies Companies in which an equity interest is held Key management personnel 31 Dec. 2010 31 Dec. 2009 31 Dec. 2010 31 Dec. 2009 31 Dec. 2010 31 Dec. 2009 (in EUR) (in EUR thsd) (in EUR) (in EUR thsd) (in EUR) (in EUR thsd) Loans and advances Loans and advances to credit institutions Loans and advances to 19,081,129,689.00 26,673,471 749,019,225.00 582,344 - - customers Bonds and other fixed-income 7,290,421,059.00 7,576,075 520,288,608.00 544,123 1,567,836.66 1,498 securities 4,495,445,569.44 1,620,065 - - - - Amounts owed Amounts owed to credit institutions 18,329,513,355.00 20,227,872 11,611,853,291.00 12,369,143 - - Amounts owed to customers 6,944,857,739.00 839,995 228,128,405.00 529,067 6,226,356.64 7,397 4.4. Group companies and companies in which an equity interest is held Those companies in which UniCredit Bank Austria AG holds at least 20% of the share capital – directly or through group companies – are listed in the notes to the financial statements (Annex 1) pursuant to Section 238, item 2, of the Austrian Business Code. Most of the business relations with group companies were customary banking relationships. Equity capital substitutes were used for some financings. At the balance sheet date, UniCredit Bank Austria AG maintained single entity agreements for tax purposes with the following companies: � BA Betriebsobjekte GmbH � BA Immobilien Entwicklungs- und Verwertungs GmbH � BA-CA Markets & Investment Beteiligung GmbH � Bank Austria Finanzservice GmbH � Bank Austria Real Invest GmbH � Bank Austria Wohnbaubank AG � CABET Holding AG � card complete Service Bank GmbH � Domus Facility Management GmbH � Industrie-Immobilien-Verwaltung GmbH � Lassallestraße Bau-, Planungs- und Errichtungs GmbH � Human Resources Service and Development GmbH � MC Marketing GmbH � MY Beteiligungs GmbH � RE St.Marx Holding GmbH � UniCredit Turn-Around Management GmbH � Z Leasing POLLUX Immobilien Leasing GmbH � RIGEL Immobilien GmbH (previously Z Leasing RIGEL Immobilien Leasing GmbH) � SIRIUS Immobilien GmbH (previously Z Leasing SIRIUS Immobilien Leasing GmbH) � ZETA Fünf Handels GmbH Bank Austria – Annual Financial Statements 2010 192
Notes to the Financial Statements 4.5. Related party transactions UniCredit Bank Austria AG has issued a guarantee in the amount of USD 1.2 bn for loans to customers of JSC Ukrsotsbank, for which it does not receive a guarantee commission in line with market conditions on account of the locally applicable central bank regulations. As part of the sale of UniCredit CAIB AG, UniCredit Bank Austria AG entered into a cooperation agreement. Essentially, the cooperation agreement provides that UniCredit Bank Austria AG has to use the services of UniCredit Bank AG for long-term financing purposes. 4.6. Securities Of UniCredit Bank Austria AG’s total holdings of securities as at 31 December 2010, financial fixed assets accounted for EUR 5,829,037,400.04 (31 December 2009: EUR 4,821,205 thsd) and current assets including the trading portfolio accounted for EUR 8,401,187,688.92 (31 December 2009: EUR 4,707,381 thsd). 4.6.1. The following breakdown shows securities admitted to trading on an exchange: Listed Not listed 31 Dec. 2010 31 Dec. 2009 31 Dec. 2010 31 Dec. 2009 (in EUR) (in EUR thsd) (in EUR) (in EUR thsd) Bonds and other fixed-income securities Shares and other variable-yield 2,894,892,181.68 1,915,594 6,114,400,781.69 2,671,657 securities 56,852,735.16 58,127 3,383,261.68 3,313 Equity interests 280,857,825.85 280,858 0.00 0 Shares in group companies 3,155,878,444.20 3,535,486 0.00 0 Total 6,388,481,186.89 5,790,065 6,117,784,043.37 2,674,970 4.6.2. The following table shows securities admitted to trading on an exchange, broken down into fixed (long-term) and current assets: Fixed assets Current assets 31 Dec. 2010 31 Dec. 2009 31 Dec. 2010 31 Dec. 2009 (in EUR) (in EUR thsd) (in EUR) (in EUR thsd) Bonds and other fixed-income securities Shares and other variable-yield 3,219,178,106.93 1,975,678 5,790,114,856.44 2,611,573 securities 0.00 0 60,235,996.84 61,440 Total 3,219,178,106.93 1,975,678 5,850,350,853.28 2,673,013 The classification pursuant to Section 64 (1) 11 of the Austrian Banking Act is based on resolutions adopted by the Management Board. 4.6.3. Financial instruments carried as financial fixed assets for which the carrying amounts are higher than their fair values (Section 237a (1) 2 of the Austrian Business Code): Treasury bills and similar securities Bonds and other fixed-income securities Shares and other variable-yield securities Equity interests Shares in group companies Book value Unrecognised losses Book value Unrecognised losses 31 Dec. 2010 31 Dec. 2010 31 Dec. 2009 31 Dec. 2009 (in EUR) (in EUR) (in EUR thsd) (in EUR thsd) 447,129,056.00 -103,843,174.52 293,222 -17,687 1,810,908,054.26 -193,724,236.86 682,159 -84,681 0.00 0.00 0 0 212,117,648.54 -66,686,987.84 212,118 -108,644 0.00 0.00 0 0 All of the unrecognised losses arising on bonds and shares resulted from market price fluctuations. There was no indication of a sustained deterioration in the issuers’ creditworthiness. 4.7. Differences between cost and repayable amount of bonds and other fixed-income securities In the case of bonds and other fixed-income securities which are held as financial fixed assets and for which cost exceeds the amount repayable, the difference is amortised over the period to maturity pursuant to Section 56 (2) of the Austrian Banking Act. At yearend, the difference to be amortised over the remaining maturity amounted to EUR 19,058,436.46 (31 December 2009: EUR 18,773 thsd). In the case of bonds and other fixed-income securities which are held as financial fixed assets and for which cost is lower than the amount repayable, a write-up is made for the difference over the period to maturity pursuant to Section 56 (3) of the Austrian Banking Act. Until the balance sheet date, write-ups made in respect of such differences amounted to EUR 43,415,894.85 (31 December 2009: EUR 10,586 thsd). 4.8. Differences between cost and market value of securities admitted to trading on an exchange which are not held as financial fixed assets As at 31 December 2010, the market value of securities held in the trading portfolio was EUR 19,263.03 (31 December 2009: EUR 15 thsd) higher than cost. Bank Austria – Annual Financial Statements 2010 193
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Annual Financial Statements 2010 of Bank Austria

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