Annual report 2009 - Dexia.com

More documents

Recommendations

Info

Notes to the consolidated fi nancial statements7. Notes on the assets of the consolidated balance sheet(in millions of EUR – some amounts may not add up due to roundings off)7.1. Cash and cash equivalentsManagement reportConsolidatedfinancial statementsFor the purpose of the cash flow statement, cash and cash equivalents comprises the following balances with less than 90 daysremaining maturity:A. ANALYSIS BY NATURE31/12/08 31/12/09Cash and balances with central banks 2,438 2,668Loans and advances due from banks 43,700 32,827Financial assets available for sale 3,195 3,690Financial assets held for trading 378 83Financial assets designated at fair value 4 2Non current assets held for sale 0 126TOTAL 49,715 39,396B. OF WHICH RESTRICTED CASH31/12/08 31/12/09Mandatory reserves (1) 957 839Cash collaterals 26,421 25,144Other 2 2TOTAL 27,380 25,986(1) Mandatory reserves: minimum reserve deposits credit institutions must have with European Central Bank or with other central banks.annual financial statementsAdditional information7.2. Cash and balances with central banksANALYSIS BY NATURE31/12/08 31/12/09Cash in hand 714 666Balances with central banks other than mandatory reserve deposits 768 1,163Mandatory reserve deposits 966 844TOTAL 2,448 2,673of which included in cash and cash equivalents 2,438 2,6687.3. Loans and advances due from banksA. ANALYSIS BY NATURE31/12/08 31/12/09Nostro accounts and cash collaterals 31,447 28,367Reverse repurchase agreements 9,387 3,385Loans and other advances 15,210 10,500Debt instruments 5,863 5,233Impaired loans 111 11Impaired debt instruments 9 2Less:Specific impairment on impaired loans or impaired debt instruments (98) (9)Collective impairment (65) (62)TOTAL 61,864 47,427of which included in cash and cash equivalents 43,700 32,827136Dexia Annual report 2009
Notes to the consolidated fi nancial statementsB. ANALYSIS OF QUALITYSee note 7.15. Quality of financial assets.C. ANALYSIS BY MATURITY AND INTEREST RATESee notes 12.4., 12.5. and 12.6.D. ANALYSIS OF THE FAIR VALUESee note 12.1.E. RECLASSIFICATION OF FINANCIAL ASSETS (IAS39 AMENDED)See note 7.7.7.4. Loans and advances to customersA. ANALYSIS BY COUNTERPARTY31/12/08 31/12/09Public sector 196,409 185,764Other 172,426 167,488Impaired loans 1,623 2,781Impaired debt instruments 1,911 2,026Less:Specific impairment on impaired loans or impaired debt instruments (1) (2,083) (2,657)Collective impairment (2) (1,441) (1,415)TOTAL 368,845 353,987of which included in finance lease 5,002 5,125(1) 31 Dec. 2008: of which EUR 78 million relating to share leasing of DBnl and EUR 1,059 million relating to Financial Products activities of FSA; 31 Dec. 2009:of which EUR 1,150 million relating to Dexia FP.(2) 31 Dec. 2008: of which EUR 76 million relating to share leasing of DBnl and EUR 316 million relating to Financial Products activities of FSA; 31 Dec. 2009:of which EUR 239 million relating to Dexia FP.B. ANALYSIS BY NATURE31/12/08 31/12/09Cash collaterals 3,416 3,789Reverse repurchase agreements 4,690 1,158Loans and other advances 259,275 258,183Debt instruments 101,454 90,122Impaired loans 1,623 2,781Impaired debt instruments 1,911 2,026Less:Specific impairment on impaired loans or impaired debt instruments (1) (2,083) (2,657)Collective impairment (2) (1,441) (1,415)TOTAL 368,845 353,987of which included in finance lease 5,002 5,125(1) 31 Dec. 2008: of which EUR 78 million relating to share leasing of DBnl and EUR 1,059 million relating to Financial Products activities of FSA; 31 Dec. 2009:of which EUR 1,150 million relating to Dexia FP.(2) 31 Dec. 2008: of which EUR 76 million relating to share leasing of DBnl and EUR 316 million relating to Financial Products activities of FSA; 31 Dec. 2009:of which EUR 239 million relating to Dexia FP.C. ANALYSIS OF QUALITYSee note 7.15. Quality of financial assets.D. ANALYSIS BY MATURITY AND INTEREST RATESee notes 12.4., 12.5. and 12.6.Management reportConsolidatedfinancial statementsAnnual financial statementsAdditional informationAnnual report 2009 Dexia 137
Page 1 and 2:
9Annual report 2009
Page 3 and 4:
9Annual report 2009Management repor
Page 5 and 6:
9Management report
Page 7 and 8:
Group profi leSIMPLIFIED GROUP STRU
Page 9 and 10:
Group profi leQUALITY OF RISKS Dexi
Page 11 and 12:
In accordance with the agreement wi
Page 13 and 14:
2009 and early 2010 highlightsExit
Page 15 and 16:
2009 and early 2010 highlightsCreat
Page 17 and 18:
Corporate governanceIntroduction: t
Page 19 and 20:
Corporate governanceThe European Ad
Page 21 and 22:
Corporate governanceNAMEPIERREMARIA
Page 23 and 24:
Corporate governanceNAMEROBERTDE ME
Page 25 and 26:
Corporate governanceNAMESPECIALISTC
Page 27 and 28:
Corporate governanceNAMEKOEN VAN LO
Page 29 and 30:
Corporate governanceNew directors a
Page 31 and 32:
Corporate governanceConsidering tho
Page 33 and 34:
Corporate governancemade and the fi
Page 35 and 36:
Corporate governanceDIRECTORS’ AN
Page 37 and 38:
Corporate governanceOperation and a
Page 39 and 40:
Corporate governanceThe Appointment
Page 41 and 42:
Corporate governanceResponsibilitie
Page 43 and 44:
Corporate governanceVariable compen
Page 45 and 46:
Corporate governancetional entities
Page 47 and 48:
Corporate governance• It identifi
Page 49 and 50:
Shareholder informationStock market
Page 51 and 52:
Shareholder informationPRINCIPAL DE
Page 53 and 54:
Human resourcesAGE PYRAMID> 5955-59
Page 55 and 56:
Sustainable developmentThe 2009 Dex
Page 57 and 58:
Risk managementIntroductionIn 2009,
Page 59 and 60:
Risk managementThe Rating Committee
Page 61 and 62:
Risk managementAsset qualityBy the
Page 63 and 64:
Risk managementBond portfolioDexia
Page 65 and 66:
Risk managementThis good performanc
Page 67 and 68:
Risk managementRisk and control sel
Page 69 and 70:
Risk managementECONOMIC CAPITALBY T
Page 71 and 72:
Financial resultsPreliminary notes
Page 73 and 74:
Financial resultsSolvency31/12/08 3
Page 75 and 76:
Financial resultsAssetsLoans and ad
Page 77 and 78:
Activity and results of the busines
Page 79 and 80:
Page 81 and 82:
Page 83 and 84:
Page 85 and 86:
Page 87 and 88: Activity and results of the busines
Page 89 and 90: General information3. Overview of t
Page 91 and 92: General informationAll the above-me
Page 93 and 94: General information4.5. Dexia banka
Page 95 and 96: General information6.3. Notificatio
Page 98 and 99: Consolidated balance sheet ........
Page 100 and 101: Consolidated balance sheetManagemen
Page 102 and 103: Consolidated statementof incomeMana
Page 104 and 105: Management reportConsolidatedfinanc
Page 106 and 107: Consolidated statementof comprehens
Page 108 and 109: Notes to the consolidated financial
Page 110 and 111: Notes to the consolidated fi nancia
Page 188 and 189:
Notes to the consolidated fi nancia
Page 190 and 191:
Page 192 and 193:
Page 194 and 195:
Page 196 and 197:
Page 198 and 199:
Page 200 and 201:
Page 202 and 203:
Page 204 and 205:
Page 206 and 207:
Page 208 and 209:
Page 210 and 211:
Page 212 and 213:
Page 214:
Statutory Auditor’s reportManagem
Page 217 and 218:
9Annual financial statementsFINANCI
Page 219 and 220:
SHAREHOLDERS’ EQUITY AND LIABILIT
Page 221 and 222:
Notes to the annualfinancial statem
Page 223 and 224:
Notes to the annual fi nancial stat
Page 225 and 226:
Page 227 and 228:
Page 229 and 230:
Page 231 and 232:
Page 233 and 234:
Page 235 and 236:
Page 237 and 238:
Page 239 and 240:
Page 241 and 242:
Page 243 and 244:
Page 245 and 246:
Statutory Auditor’s report• Wit
Page 247 and 248:
Additional informationGeneral dataN
Page 249 and 250:
Additional informationDexia FP Hold
Page 251 and 252:
Dexia’s annual report 2009 has be
show all

Annual report 2009 - Dexia.com

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

Delete template?

Save as template?