GB00_erste lage_E - Erste Group

During the reporting period 52.07% of Česká spořitelna, a.s. (ČS) was acquired. The fair value of
the acquired assets and assumed debts was:
in EUR million
Cash and cash equivalents 198
Loans and advances to credit institutions and customers 7,746
Risk provisions (646)
Trading assets 1,877
Investments available for sale 184
Financial investments 1,205
Sundry assets 981
Amounts owed to credit institutions and customers (9,857)
Debts evidenced by certificates and subordinated liabilities (301)
Sundry liabilities (788)
Minority interests (17)
582
thereof Erste Bank share of 52.07% 303
Goodwill
Interest expense (difference between discounted cash value
223
of second tranche’s purchase price and actual drawing) 4
Purchase price (including interest paid) 530
Cash and cash equivalents
Cash flow for acquiring the company
(198)
less acquired cash and cash equivalents 332
The Cash Flow Statement provides information about the size and development of the Group’s
cash and cash equivalents. It shows the inflow and outflow of funds broken down into operating
activities, investing activities and financing activities. The reported amount of cash and cash equivalents
is comprised of cash in hand, balances with central banks and those bills of exchange eligible
for funding with central banks (see Note 12).
Erste Bank 2000 71