Dresdner Bank - Commerzbank International SA

Subscribed capital
The subscribed and fully paid-up capital came to € 125.0 million divided into 50,000 registered shares of
€ 2,500 each.
Reserves
Pursuant to Art. 72 of the Law of 10 August 1915, 5% of the annual profit must, in advance, be allocated
to the legal reserve until 10% of the subscribed capital has been reached. The legal reserve may not be
distributed to shareholders. As of the balance sheet date, it came to € 12.5 million, which corresponds to
10% of the subscribed capital.
The free reserves include € 108.8 million for crediting wealth tax for the years 2004 to 2008.
Contingent liabilities
As of the balance sheet date, the bank had the following contingent liabilities:
Liabilities from guarantees and assets pledged as collateral: € 12.3 million (previous year: € 45.6 million),
thereof vis-à-vis affiliated companies € 0.1 million (previous year: € 0.1 million).
Commitments /credit risks
Loan commitments exist in the amount of € 187.3 million (previous year: € 169.7 million). As of the
balance sheet date, there were no outstanding fixed loan commitments to affiliated undertakings. The
other commitments include two transactions arising from four forward transactions on fixed-interest
securities in the amount of € 2,155.6 million (previous year: € 2,037.9 million) which offset each other.
€ 1,437.1 million thereof relate to affiliated companies. As of the balance sheet date, no risks arose therefrom.
Financial instruments
In the following, a distinction is made between primary financial instruments recorded in the balance
sheet and off-balance sheet derivative financial instruments. In general, the bank has no complex financial
instruments in its books. As at 31 December 2008, the bank had no trading portfolio.
Notes to the Annual Accounts
57
Balance Sheet as at 31 December 2008