Annual report 2010 - Dexia.com

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Notes to the consolidated financial statements8.5. Subordinated debtsManagement reportA. Analysis by natureNon-convertible subordinated debt 31/12/09 31/12/10Loan capital perpetual subordinated notes 732 877Other 3,146 2,795Total 3,879 3,672List available on request.31/12/09 31/12/10Hybrid capital and redeemable preference shares 232 232Dexia Banque Internationale à Luxembourg has issued on 6 July 2001 an hybrid capital instrument perpetual of EUR 225 millionat the rate of 6.821%, refunding only possible annually as from 6 July 2011.Consolidatedfinancial statementsB. Analysis of subordinated debt convertible in dexia sharesNil.Additional information Annual financial statementsC. Analysis by maturity and interest rateSee notes 12.4., 12.5. and 12.6.D. Analysis of the fair valueSee note 12.1.168 Dexia Annual report 2010
Notes to the consolidated financial statements8.6. Provisions and other obligationsA. Analysis by nature31/12/09 31/12/10Litigation claims (1) 329 250Restructuring 160 189Long-term defined benefit plans 686 702Other postretirement obligations 54 56Other long-term employee benefits 39 41Provision for off-balance-sheet credit commitments (2) 152 142Onerous contracts 52 35Other provisions (non insurance) (3) 109 84Total 1,581 1,498(1) We refer here to the chapter Risk Management – part Legal risk – presented in the Management report on page 89.(2) Of which EUR 109 million and EUR 100 million relating to Dexia Nederland (Legio Lease Provision) for 2009 and 2010 respectively.(3) The Other provisions mainly contain : provisions to restore property, plant and equipment to their original state and a number of provisions for non-materialevents.B. Analysis of movementsLitigation RestructuringclaimsPensionsand otheremployeebenefitsProvision foroff-balancesheetcreditcommitmentsOnerouscontractsOtherprovisionsAs at 1 January 2009 248 181 764 121 54 119 1,487Exchange difference (4) 0 1 (3) 0 (1) (7)Additional provisions 106 57 105 58 5 24 355Unused amounts reversed (49) (34) (29) (6) 0 (19) (137)Utilised during the year (14) (44) (65) (6) (7) (14) (150)Transfers 43 0 3 (12) 0 0 34As at 31 December 2009 329 160 778 152 52 109 1,581LitigationclaimsRestructuringPensionsand otheremployeebenefitsProvision foroff-balancesheetcreditcommitmentsOnerouscontractsOtherprovisionsAs at 1 January 2010 329 160 778 152 52 109 1,581Exchange difference 13 0 1 2 0 3 19Additional provisions 184 96 124 8 1 25 438Unused amounts reversed (188) (32) (18) (10) (9) (41) (298)Utilised during the year (15) (34) (84) (10) (9) (14) (166)Changes in scope ofconsolidation (out) 0 (1) (6) 0 0 (1) (8)Transfers (73) 0 3 0 0 2 (68)Other movements (1) 0 0 0 0 0 (1)As at 31 December 2010 250 189 798 142 35 84 1,498C. Analysis by maturitySee note 12.6.TotalTotalManagement reportConsolidatedfinancial statementsAdditional information Annual financial statementsAnnual report 2010 Dexia169
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4 Group profile8 Message from the c
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Group profileManagement reportConso
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Group profileRESULTS Dexia GAAP IFR
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Message from the ChairmenManagement
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2010 and early 2011 highlightsManag
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2010 and early 2011 highlightsDecem
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Update on the transformation planMa
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Human ResourcesMEMBERS OF STAFFGEND
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Additional informationManagement re
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Photographs: page 8: C. LEBEDINSKY/
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Annual report 2010 - Dexia.com

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