Annual Financial Statements 2011 of Bank Austria

Consolidated Financial Statements in accordance with IFRSs
F – Additional disclosures (CoNTINuED)
F.9 – Repurchase agreements
Under repurchase agreements, financial assets were sold to third parties with a commitment to repurchase the financial instruments at a price specified
when the assets were sold. At the end of the reporting period, the total amount of repurchase agreements was € 3,447 m (2010: € 1,558 m). In
those cases where Bank Austria is the transferor, the relevant assets continue to be recognised in its statement of financial position at their fair values.
In those cases where Bank Austria is the transferee, the bank does not recognise the assets in its statement of financial position.
F.10 – Guarantees given and commitments (€ m)
31 dec. 2011 31 dec. 2010
financial guarantees given to: 4,828 6,195
Banks 410 550
Customers 4,418 5,645
commercial guarantees given to: 14,552 13,145
Banks 803 1,442
Customers 13,749 11,703
Other irrevocable commitments to disburse funds 17,312 14,737
Banks 2,147 650
Usage certain 58 55
Usage uncertain 2,088 596
Customers 15,165 14,086
Usage certain 6,336 6,637
Usage uncertain 8,829 7,449
underlying obligations for credit derivatives: sales of protection 666 869
assets used to guarantee others’ obligations 228 –
Other commitments 11,994 3,807
tOtal 49,580 38,754
The amount of contingent claims in Bank Austria is equal to the amount of contingent liabilities.
F.11 – Employees
In 2011 and 2010, the Bank Austria Group employed the following average numbers of staff (full-time equivalents):
Employees
2011 2010
Salaried staff 59,409 59,591
Other employees 86 104
tOtal *) 59,495 59,695
of which: in Austria 7,812 7,815
of which: abroad 51,683 51,880
*) Average full-time equivalents of staff employed in the Bank Austria Group (employees of companies accounted for under the proportionate consolidation method are included at 100%),
excluding employees on unpaid sabbatical or maternity/paternity leave
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