Annual Report 2011 - Hong Kong Monetary Authority

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22 Breakdown of consolidated assets by country/country group (in thousands of CHF) Assets 2011 2010 Value % share Value % share Switzerland 4,171,303 29.8 3,354,938 27.3 Europe excluding Switzerland 9,226,880 65.8 8,251,327 67.1 North America 179,866 1.3 165,392 1.3 South America 42,851 0.3 50,522 0.4 Asia / Pacific 29,285 0.2 150,707 1.2 Caribbean 324,823 2.3 288,485 2.4 Africa Middle East 40,141 0.3 39,341 0.3 Total assets 14,015,149 100.0 12,300,712 100.0 FINANCIAL REPORT CONSOLIDATED ACCOUNTS 89
23 Breakdown of consolidated assets and liabilities by currency (in thousands of CHF) Assets 90 2011 ANNUAL REPORT - BANQUE PRIVÉE EDMOND DE ROTHSCHILD SA CHF USD EUR Other Total Cash and other liquid assets 2,480,009 270 820,198 141 3,300,618 Claims arising from money market paper 1 678 17,024 - 17,703 Due from banks 119,555 3,156,647 3,650,204 465,405 7,391,811 Due from customers 125,375 318,885 817,684 115,461 1,377,405 Mortgage loans 11,214 - - - 11,214 Securities and precious metals held for trading purposes 3,152 5,641 16,070 7,218 32,081 Financial investments 260,214 9,399 21,199 783,645 1,074,457 Non-consolidated holdings 83,786 213 7,814 309 92,122 Fixed assets 188,946 132 59,203 388 248,669 Intangible assets 8,125 - 5,906 57 14,088 Accrued income and prepaid expenses 24,167 12,503 55,272 1,542 93,484 Other assets 346,614 287 13,936 660 361,497 Total positions reported as assets 3,651,158 3,504,655 5,484,510 1,374,826 14,015,149 Delivery claims arising from spot, forward and options transactions 2,920,197 8,797,684 8,155,683 2,892,474 22,766,038 Total assets 2011 6,571,355 12,302,339 13,640,193 4,267,300 36,781,187 Total assets 2010 5,119,883 11,894,719 14,073,540 4,073,485 35,161,627 Liabilities Liabilities arising from money market paper 48 - - - 48 Due to banks 1,204 75,920 116,233 65,768 259,125 Customer savings and deposit accounts 7,358 - - - 7,358 Other amounts due to customers 1,570,835 3,785,224 4,810,627 1,563,094 11,729,780 Accrued expenses and deferred income 77,592 3,811 96,879 10,933 189,215 Other liabilities 357,482 140 24,990 72 382,684 Valuation adjustments and provisions 47,653 - 17,745 67 65,465 Reserves for general banking risks 246,969 - 64,765 - 311,734 Share capital 45,000 - - - 45,000 Additional paid-in capital and other reserves 92,713 - 931 - 93,644 Retained earnings 688,067 1,571 106,950 36,168 832,756 Treasury stock (56,016) - - - (56,016) Minority interests’ share in shareholders’ equity 5 781 20,521 7,985 29,292 Consolidated net income 11,995 1,178 111,365 526 125,064 Total positions reported as liabilities 3,090,905 3,868,625 5,371,006 1,684,613 14,015,149 Delivery commitments arising from spot, forward and options transactions 3,468,424 8,423,159 8,217,409 2,657,046 22,766,038 Total liabilities 2011 6,559,329 12,291,784 13,588,415 4,341,659 36,781,187 Net position per currency 12,026 10,555 51,778 (74,359) - Total liabilities 2010 5,232,015 11,883,970 13,946,330 4,099,312 35,161,627
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Annual Report 2011
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Contents 6 20 Banque Privée Edmond
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Banque Privée Edmond de Rothschild
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1 4 1 Odéon, Théâtre de l’Euro
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within our group, which have develo
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Is this the end of the market econo
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dangerous to bet on bureaucracy as
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SENIOR MANAGEMENT Head Office Execu
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BRANCHES In Switzerland Fribourg Se
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Social Entrepreneurship Economic te
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Corporate governance Introduction O
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1.1.2. / 1.1.3. Group legal structu
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2.6. Transferability restrictions a
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1965-1996 First Vice-President, the
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Jean Laurent-Bellue Member, French,
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3.2. Other activities and vested in
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3.5. Powers The Board of Directors
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4. Executive Committee The Executiv
Page 40 and 41: Jean-Pierre Pieren Member, Swiss, 1
Page 42 and 43: Present duties Since 1988 Chief Fin
Page 44 and 45: 5. Remuneration, profi t-sharing an
Page 46 and 47: This scheme was implemented for a f
Page 48 and 49: 7. Take-overs and defensive measure
Page 50 and 51: 9. Information policy Banque Privé
Page 52 and 53: Intercultural Dialogue Too often, p
Page 54 and 55: Key fi gures Banque Privée Edmond
Page 56 and 57: Awards 2011 in Milan and Large Fund
Page 58 and 59: esources of institutional clients i
Page 60 and 61: Outlook for 2012 2012 will be marke
Page 62 and 63: Report on other legal requirements
Page 64 and 65: Abroad Banks Banque Privée Edmond
Page 66 and 67: Prifund Conseil SA Luxembourg 3) 10
Page 68 and 69: Dividends are eliminated through re
Page 70 and 71: Personnel welfare liabilities Contr
Page 72 and 73: Consolidated balance sheet at 31 De
Page 74 and 75: Consolidated cash fl ow statement a
Page 76 and 77: - The Risk Manager sees to it that
Page 78 and 79: 2011 2010 Change (in CHF ‘000) (i
Page 82 and 83: Forex adjustments Redesignations In
Page 84 and 85: Situation at end-2010 Uses and rele
Page 86 and 87: 2011 2010 (in CHF ‘000) (in CHF
Page 94 and 95: (Note 26 cont’d) 2011 2010 Positi
Page 98 and 99: 2011 2010 42 Earnings per share Gro
Page 100 and 101: Health and Research For over a cent
Page 102 and 103: Key fi gures of Banque Privée Edmo
Page 104 and 105: Roundup of results The Bank’s net
Page 106 and 107: Elections as per our Articles of As
Page 108 and 109: Breakdown of revenues (% of total)
Page 110 and 111: Report on other legal requirements
Page 112 and 113: Balance sheet at 31 December 2011 (
Page 114 and 115: Notes to the fi nancial statements
Page 120 and 121: Par value Number of shares 2011 201
Page 122 and 123: Loans granted to the Bank’s gover
Page 124 and 125: (Note 15 cont’d) 2011 2010 Employ
Page 128 and 129: Edmond de Rothschild Conseil et Cou
Page 130 and 131: Other Edmond de Rothschild Group co
Page 132 and 133: Other Edmond de Rothschild Group co
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Annual Report 2011 - Hong Kong Monetary Authority

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