Bankgesellschaft is focussing on core business - Landesbank Berlin

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22 MANAGEMENT BUSINESS AREAS SHARE MANAGEMENT REPORT FINANCIAL STATEMENTS Segment reporting Pro rata earnings of the strategic business areas in the Group iin t million Retail Banking Regional Capital Markets Real Estate Corporate Banking Financing 2003 2002 2003 2002 2003 2002 2003 2002 Net interest income 466 501 183 176 406 548 278 281 Net comm<strong>is</strong>sion income 231 224 38 36 7 20 –3 9 Profit from financial transactions 4 –24 Balance of other income/expenditure 9 6 34 26 –10 –8 Total income 697 734 227 212 451 570 265 282 Personnel costs 207 231 65 79 73 83 49 55 Other admin<strong>is</strong>trative expenditure 359 421 67 67 127 138 51 42 Normal depreciation 8 8 1 1 10 2 2 2 Admin. expenditure 574 660 133 147 210 223 102 99 Operating result before r<strong>is</strong>k prov<strong>is</strong>ioning 123 74 94 65 241 347 163 183 R<strong>is</strong>k prov<strong>is</strong>ioning in lending business 46 93 18 52 91 97 208 289 Earnings from liquidity reserve securities –14 16 Change to the reserve acc. to § 340f of HGB R<strong>is</strong>k prov<strong>is</strong>ioning 46 93 18 52 77 113 208 289 Operating result after r<strong>is</strong>k prov<strong>is</strong>ioning 77 –19 76 13 164 234 –45 –106 Result from financial investments –5 3 –6 –3 3 Balance of other items –2 –9 –6 –1 –14 –13 Earnings before taxes 75 –24 70 1 163 231 –56 –119 Segment assets 5,853 6,058 9,293 16,974 51,488 62,017 26,077 28,820 Segment liabilities 14,082 14,630 4,279 3,854 51,453 91,933 1,242 1,846 R<strong>is</strong>k items 4,638 5,365 5,751 6,420 20,937 27,705 13,259 12,925 Balance sheet shareholders’ equity (average) 274 266 334 347 1,455 1,622 731 685 Employee capacity (reporting date) 3,516 3,980 944 1,131 508 609 667 652 Return on equity 27.4% –9.0% 21.0% 0.3% 11.2% 14.2% –7.7% –17.4% Cost-income ratio 82.4% 89.9% 58.6% 69.3% 46.6% 39.1% 38.5% 35.1% 1) IBAG, IBG and LPFV: Other admin<strong>is</strong>trative expenditure and normal depreciation are shown in the items other expenditure or in the balance of other operating income/expenditure 2) December 31, 2002 including Zivnostenská banka
23 SEGMENT REPORTING AND PERFORMANCE OF THE STRATEGIC BUSINESS AREAS Real Estate Corporate Government- Other/ GROUP Effects of GROUP Services 1) Investments 2) Ass<strong>is</strong>tance Consolidation Excl. effects EU dec<strong>is</strong>ion Programme of EU dec<strong>is</strong>ion 2003 2002 2003 2002 2003 2002 2003 2002 2003 2002 2003 2002 2003 2002 19 –14 151 220 157 160 4 –166 1,664 1,706 1,664 1,706 16 29 26 27 –1 –3 314 342 314 342 2 7 6 –7 12 –24 12 –24 34 19 19 6 –10 –115 –47 –42 5 –23 –65 5 53 5 188 262 173 187 –106 – 223 1,948 2,029 –23 1,925 2,029 63 62 57 91 55 53 175 199 744 853 744 853 44 81 28 34 –133 – 193 543 590 543 590 6 16 15 16 50 58 92 103 92 103 63 62 107 188 98 103 92 64 1,379 1,546 1,379 1,546 –10 –57 81 74 75 84 –198 – 287 569 483 –23 546 483 22 41 9 39 15 6 409 617 409 617 9 2 –2 –4 –51 –100 –58 –86 –58 –86 1 1 –176 –26 –1 –176 –25 –176 –25 32 44 –169 9 –37 –94 175 506 175 506 –10 –57 49 30 244 75 –161 – 193 394 –23 –23 371 –23 –3 –1 –2 –1 –19 –66 –58 – 367 –76 – 449 –15 –91 – 449 11 –4 –4 –7 – 213 –8 –72 – 106 – 304 –144 – 302 –606 –144 –2 –62 43 22 12 1 – 291 – 666 14 – 616 – 340 –326 – 616 2,326 2,219 4,534 9,550 19,197 19,513 34,518 29,653 153,286 174,804 153,286 174,804 2,326 2,219 4,534 9,550 19,197 19,513 56,173 31,259 153,286 174,804 153,286 174,804 2,405 5,639 4,127 4,392 6,326 8,378 57,443 70,824 57,443 70,824 158 462 203 286 372 414 379 331 3,907 4,413 3,907 4,413 902 1,057 312 1,932 747 751 2,536 2,863 10,132 12,975 10,132 12,975 –1.3% –13.4% 21.2% 7.7% 3.2% 0.2% 0.3% –14.0% – 8.4% –14.0% 56.9% 71.8% 56.6% 55.1% 70.8% 76.2% 71.6% 76.2%
Page 1 and 2: Bankgesellschaft B
Page 3 and 4: Corporate Profile • BANKGESELLSCH
Page 5 and 6: Contents 4 Management 4 Letter to S
Page 7 and 8: Our activities are centred around t
Page 9 and 10: 5 LETTER TO SHAREHOLDERS In additio
Page 11 and 12: 7 LETTER TO SHAREHOLDERS The positi
Page 13 and 14: Bernd Reinhard* Chairman of the BB/
Page 15 and 16: 11 REPORT OF THE SUPERVISORY BOARD
Page 21 and 22: Since the start of the reconstructi
Page 23 and 24: Retail Banking business area 19 SEG
Page 25: Government-Assista
Page 29 and 30: RETAIL BANKING LOANS in t million 3
Page 31 and 32: Outlook Measures to further strengt
Page 33 and 34: The Competence Centres merged last
Page 35 and 36: The participations portfolio alloca
Page 37 and 38: From the dissoluti
Page 39 and 40: Outlook REAL ESTATE FINANCING LOANS
Page 41 and 42: Bankgesellschaft B
Page 43 and 44: almost full implementation of the s
Page 45 and 46: Corporate Investments The Group’s
Page 47 and 48: The Assembly of Guarantors of Lande
Page 49 and 50: Other/Consolidation Earnings contri
Page 51 and 52: The measures for repositioning <str
Page 53 and 54: Management Report 50 Overview of th
Page 55 and 56: The increasing economic optim<stron
Page 57 and 58: Other important cornerstones of th<
Page 59 and 60: with market conditions. Prec<strong
Page 61 and 62: The measures started in 2002 for th
Page 63 and 64: Up to and including 2011 at least,
Page 65 and 66: esulting from the LBB/IBB proceedin
Page 67 and 68: CONSOLIDATED RESULT OF ORDINARY BUS
Page 69 and 70: Structure of net comis</str
Page 71 and 72: Personnal costs in € million 973
Page 73 and 74: Taxes on income As a result of the
Page 75 and 76: These effects negatively impact the
Page 77 and 78:
RISK PROVISIONING FOR THE AG Net ot
Page 79 and 80:
LENDING VOLUME WITHIN THE GROUP Dev
Page 81 and 82:
Liabilities CONSOLIDATED LIABILITIE
Page 83 and 84:
AG LIABILITIES Final statement on t
Page 85 and 86:
(c) The system of compensation of t
Page 87 and 88:
• Operational ris</strong
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Total A B C D E F no rating availab
Page 91 and 92:
The complexity and scope of the ex<
Page 93 and 94:
CAPITAL-AT-RISK LIMITS AND UTILISAT
Page 95 and 96:
Since 2002, a Committee for Operati
Page 97 and 98:
In addition, a qualifying concept r
Page 99 and 100:
whereby no more than a 1.1 billion
Page 101 and 102:
The large number of legally stipula
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Two key measures were implemented i
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Over the course of 2003, IBG almost
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Group Outlook The Group achieved a
Page 109 and 110:
105 GROUP OUTLOOK / ANNUAL FINANCIA
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107 BANKGESELLSCHAFT BERLIN GROUP B
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109 BANKGESELLSCHAFT BERLIN GROUP B
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111 PROFIT AND LOSS ACCOUNT OF THE
Page 117 and 118:
113 CONSOLIDATED EQUITY CAPITAL STA
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115 SEGMENT REPORTING OF THE GROUP
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117 CASH FLOW STATEMENT OF THE BANK
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119 BANKGESELLSCHAFT BERLIN AG BALA
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121 BANKGESELLSCHAFT BERLIN AG BALA
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123 PROFIT AND LOSS ACCOUNT OF BANK
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1) Berlin Hyp Group companies 2) IB
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127 NOTES TO THE CONSOLIDATED AND A
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2 Amounts due in the following year
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17 Provisions for
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20 Profit participation capital 141
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24 Profit from financial transactio
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30 Taxes on income 147 NOTES TO THE
Page 153 and 154:
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Other Information on the Group 32 I
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Page 159 and 160:
Page 161 and 162:
38 Information on derivative transa
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40 Corporate Governance 159 NOTES T
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1 Classification of Deadlines 161 N
Page 167 and 168:
5 Subordinated assets 163 NOTES TO
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9 Foreign currency items 165 NOTES
Page 171 and 172:
15 Other liabilities 167 NOTES TO T
Page 173 and 174:
Page 175 and 176:
24 Profit from financial transactio
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27 Geographic dist
Page 179 and 180:
38 Information on derivative transa
Page 181 and 182:
Page 183 and 184:
BSI Immobilien-Beteiligung GmbH & C
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Long Beach Property, LLC, Wilmingto
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Associated companies (section 311/s
Page 189 and 190:
185 APPENDIX 1 Company, reg
Page 191 and 192:
187 APPENDIX 1 Company, reg
Page 193 and 194:
189 APPENDIX 1 / APPENDIX 2 L<stron
Page 195 and 196:
Claudia Fieber* (since September 1,
Page 197 and 198:
Hans-Jörg Vetter Chairman of the B
Page 199 and 200:
List Pursuant to S
Page 201 and 202:
2. Bankgesellschaft</strong
Page 203 and 204:
Financial Service Providers BB-ASSE
Page 205 and 206:
Banks and Finance Companies Real Es
Page 207 and 208:
Imprint Published
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