AnnuAl report 2007 - Raiffeisen Landesbank Tirol

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40Audit certificateSince there are no objections to beraised, the full/German-languagefinancial statements of Raiffeisen-Landesbank Tirol AG as at 31December 2007 were allocated thefollowing unqualified audit certificate inaccordance with § 274, Section 1 ofthe Austrian Company Code:I examined the annual financial statementsof Raiffeisen-Landesbank TirolAG, domiciled at Adamgasse 1-7,A-6020 Innsbruck for the financialyear from 1 January 2006 to 31 December2006 taking into considerationthe accounting. The accounting,presentation and content of thesefinancial statements, as well as themanagement report, comply withAustrian commercial law and the supplementarystipulations contained inthe company articles are the responsibilityof the legal representatives ofthe company. My responsibility is toexpress an opinion on these financialstatements based on my audit anda statement concerning the correspondenceof the management reportwith the financial statements.My audit was conducted in accordancewith the applicable Austrianlegal regulations and professionalstandards. These standards requirethat the audit be planned and performedin such a manner that reasonableassurance can be obtained asto whether the financial statementsare free of material misstatement andwhether an opinion can be expressedconcerning the correspondence ofthe management report with thefinancial statements. During the audit,knowledge concerning the businessactivities and economic and legalbackground of the company, as wellas the expectations concerning possibleerrors, were taken into account.The audit includes an examination,largely on a test basis, of evidencesupporting the amounts and disclosuresin the financial statements. Theaudit also includes the assessmentof the accounting principles used andsignificant estimates made by thelegal representatives of the company,as well as the evaluation of the overallfinancial statement presentation. I believethat my audit provides a reasonablebasis for my opinion.The results of my audit gave noreason for objection. On the basisof the knowledge gained during theaudit, in my judgement the financialstatements comply with the legalregulations in Austria, as well asthe supplementary stipulations inthe company articles and presenta true and fair view of the assets andfinancial position of the company asat 31 December 2007, as well as theearnings of the company for the financialyear from 1 January 2007 to 31December 2007 in accordance withAustrian accounting regulations. Themanagement report corresponds withthe financial statements.Innsbruck, 19 February 2008AuditorOlaf FuchsAssociation auditor
41Annual financial statementsProposal for the distribution of profitsin accordance with § 126 of theAustrian Stock Corporation ActA net profit for the year 2007 ofEUR 5,600,931.91 was reported.The Board of Managing Directorsproposes that for the year 2007, adividend of EUR 70 per share be paidon the share capital of EUR 80,000shares, and that the remainder becarried forward to a new account.Hannes Schmid reinhard Mayr Gobert Sternbach Hans UnterdorferSpokesman Member Member MemberReport of the Supervisory BoardDuring the 2007 financial year, atits meetings the Supervisory Boardcarried out the duties allocated to itby law and the articles of associationand was regularly informed concerningimportant business matters andthe development of the bank by theBoard of Managing Directors.The Supervisory Board examined theannual financial statements and foundthat these conformed with the correctlymaintained accounts and balancesheet. The management reportprovided by the Board of ManagingDirectors corresponds to the annualfinancial statements. These examinationsgave no cause for objections.In addition, the Supervisory Boardconcurs with the proposal of theBoard of Managing Directorsregarding the distribution of netprofits.Peter GreidererSupervisory Board Chairman
Page 1 and 2: Raiffeisen-Landesbank Tirol AGAnnua
Page 3 and 4: ContentspageForeword of the Board o
Page 5 and 6: 0Foreword of the Board of Managing
Page 7 and 8: 0Foreword of theChairman of the Sup
Page 9 and 10: 0Raiffeisen-Landesbank Tirol AGA mo
Page 11 and 12: 11Raiffeisen-Landesbank Tirol AGPro
Page 13 and 14: Managementreport13
Page 15 and 16: 15Management reportAsia the big win
Page 17 and 18: 17Management reportLoans to custome
Page 19 and 20: 19Income situationThe development o
Page 21 and 22: 21Management reportThe risk situati
Page 23: 23Management reportOutlook 2008In 2
Page 26 and 27: 26Balance as at 31 December 2007 -
Page 28 and 29: 28Items below the bottom line:Balan
Page 30 and 31: 30Profit and loss calculation 2007
Page 32 and 33: 32➜Tangible and intangible assets
Page 34 and 35: 34SecuritiesThe securities admissib
Page 36 and 37: 36Notes to the profitand loss calcu
Page 38 and 39: 38Assets analysisHistoric cost of a
Page 42 and 43: 42Info

AnnuAl report 2007 - Raiffeisen Landesbank Tirol

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