Annual Report 2001 - Landesbank Berlin

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40 At IBV, the optimisation of the structure of the funds will be promoted whilst reducing the volume of the funds at the same time. IBV’s focus is on small to midsized real estate funds in the high-margin premium segment without the previously customary comprehensive guarantee packages but also new commitments such as institutional funds and pension funds. With the newly formed IBI Real Estate – Immobilien und Beteiligungen International GmbH on January 1, 2002, which has completely taken over Bavaria’s business abroad, we have introduced a further step towards transparent reorientation of the IBAG Group. IBI Real Estate is taking over portfolio real estate worth about €550 million; key countries are currently the USA, England and France. The companies Bavaria Projektentwicklung, Public Consult and Bautrako Bauträger- und Koordinierungsgesellschaft mbH were closed or are being liquidated. Negotiations relating to the sale of further participations are on the verge of being concluded. REAL ESTATE SERVICES
Government Assistance Programmes Investitionsbank Berlin (IBB) is an organisationally and economically independent public-sector agency with no legal capacity, which is run as a non-profit department of Landesbank Berlin. IBB’s assets are managed separately from the Bank’s other assets as a special fund. Bankgesellschaft Berlin has no right to issue instructions to IBB. IBB’s activity is not geared towards generating a profit. IBB is the State of Berlin’s central bank for development funding and is set to be expanded to become a State Structure Bank in accordance with the resolution by the Berlin House of Representatives. IBB volume of government assistance Gotzkowskybrücke, Berlin-Tiergarten in € million Subsidies Loans Participations (disbursements) (new approvals) 12/31/01 12/31/00 12/31/01 12/31/00 12/31/01 12/31/00 Assistance to trade and industry 173.2 224.9 12.3 15.6 10.0 16.9 Real estate assistance 1,119.2 1,096.9 334.3 506.5 – – Total 1,292.4 1,321.8 346.6 522.1 10.0 16.9 Dec. 31, 2001 Dec. 31, 2000 € million € million Balance sheet total 20,056 20,742 Of which loans to clients 15,161 15,213 Net income for the year 12.4 73.1 The net income for 2001 amounting to €12.4 million was allocated to the specialpurpose reserve, which thus increased to €1,342 million. The special-purpose reserve, which largely remains tied to IBB’s assistance policy objectives, will be taken into account as equity for the purpose of determining the regulatory equity ratios of Landesbank Berlin and the Group. IBB’s risk assets are included in the corresponding amounts for Landesbank Berlin and the Group respectively as part of the aggregate totals. GOVERNMENT ASSISTANCE PROGRAMMES 41
Page 1 and 2: Annual Report 2001
Page 3 and 4: Bankgesellschaft Berlin Group at a
Page 5 and 6: Letter to shareholders Dear Shareho
Page 7 and 8: • We intend to reorientate the Gr
Page 9 and 10: Corporate profile En route to becom
Page 11 and 12: Our share is still listed in offici
Page 13 and 14: curbed economic growth by approxima
Page 15 and 16: Eisenbrücke, Berlin-Friedrichshain
Page 17 and 18: Real Total client- Interest Corpora
Page 19 and 20: Retail Banking On the basis of high
Page 21 and 22: Deposit business Lending business S
Page 23 and 24: Outlook The next few years will lar
Page 25 and 26: Risks in Regional Corporate Banking
Page 27 and 28: Public Sector The market share of t
Page 29 and 30: Corporate/International Banking The
Page 31 and 32: Capital Markets In spite of the unf
Page 33 and 34: Outlook folio transactions with thi
Page 35 and 36: Clear decision-making structures Di
Page 37 and 38: Interest Rate Management Tegeler-Ha
Page 39 and 40: Corporate Centre Gertraudenbrücke,
Page 41 and 42: Real Estate Services IBV’s fund b
Page 43: LPFV Finanzbeteiligungs- und Verwal
Page 47 and 48: In addition to the implementation o
Page 49 and 50: Liebknechtbrücke, Berlin-Mitte We
Page 51 and 52: Business with regional private and
Page 53 and 54: are to be reimbursed by the State a
Page 55 and 56: Berlin AG and individual Bankgesell
Page 57 and 58: The following table provides an ove
Page 59 and 60: Earnings from current operations fe
Page 61 and 62: The Euro II project for the euro ca
Page 63 and 64: Profit and loss account Extraordina
Page 65 and 66: The lending volume breaks down as f
Page 67 and 68: Liabilities and shareholders’ equ
Page 69 and 70: 4. Bankgesellschaft Berlin AG The b
Page 71 and 72: 5. Risk report Qualified risk manag
Page 73 and 74: • Other risks - Business policy a
Page 75 and 76: In the year under review, a prelimi
Page 77 and 78: Compared with the previous year, th
Page 79 and 80: In Corporate and International Bank
Page 81 and 82: 5.2.4 Participation risk All Group
Page 83 and 84: maturity criteria. Furthermore, ana
Page 85 and 86: Furthermore, the New Product Commit
Page 87 and 88: Furthermore, the existing cooperati
Page 89 and 90: principle and the detailed agreemen
Page 91 and 92: 5.6.4 Risks connected with the real
Page 93 and 94: • Establishing autonomous adminis
Page 95 and 96:
LPFV is also exempted from the pend
Page 97 and 98:
On the basis of the decision by the
Page 99 and 100:
Landesbank Berlin/Investitionsbank
Page 101 and 102:
The foundations have been laid for
Page 103 and 104:
Liabilities See explanatory Previou
Page 105 and 106:
Page 107 and 108:
Income See explanatory Previous not
Page 109 and 110:
Page 111 and 112:
Page 113 and 114:
Income See explanatory Previous not
Page 115 and 116:
The following companies of the IBAG
Page 117 and 118:
A special item subject to partial r
Page 119 and 120:
Until now, CidS! Computer in die Sc
Page 121 and 122:
companies of the IBAG Group/IBG Gro
Page 123 and 124:
Explanatory notes to the balance sh
Page 125 and 126:
(6) Development of fixed assets (6.
Page 127 and 128:
(7) Trust transactions in € milli
Page 129 and 130:
Notes on individual balance sheet i
Page 131 and 132:
(15) Other liabilities in € milli
Page 133 and 134:
(19) Subordinated liabilities (19.1
Page 135 and 136:
The Annual General Meeting of Augus
Page 137 and 138:
Notes on individual profit and loss
Page 139 and 140:
The risk provisioning in the lendin
Page 141 and 142:
(26) Geographic distribution of ear
Page 143 and 144:
Extraordinary expenses and income i
Page 145 and 146:
Cash flow statement (32) Informatio
Page 147 and 148:
Cash flow statement of Bankgesellsc
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The Group’s capital market busine
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Real Total client- Interest Corpora
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As a result of the participation in
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(38) Information on derivative tran
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(38.2) Group Derivative transaction
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(40) Introduction of euro notes and
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Company, registered office Letter %
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Page 167 and 168:
Investment holdings of the IBAG sub
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Company Registered Capital Equity R
Page 171 and 172:
Page 173 and 174:
Page 175 and 176:
Page 177 and 178:
Company Dominant company Profit bef
Page 179 and 180:
Dr.-Ing. E.h. Heinz Dürr (until Ju
Page 181 and 182:
Changes made since the balance shee
Page 183 and 184:
) Chairman of the Supervisory Board
Page 185 and 186:
Audit certificates 1. Bankgesellsch
Page 187 and 188:
2. Bankgesellschaft Berlin Group We
Page 189 and 190:
Report of the Supervisory Board Dur
Page 191 and 192:
Further, at the request of the Supe
Page 193 and 194:
The auditors’ report on this cont
Page 195 and 196:
On December 31, 2001, Mr. Hans Leuk
Page 197 and 198:
Dr. Heinz-Gerd Stein Member of the
Page 199 and 200:
Group Banks and selected Group subs
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Financial service providers Landesb
Page 203 and 204:
Further companies BankenService Gmb
Page 205 and 206:
89.7% atypical dormant participatio
Page 207:
Bankgesellschaft Berlin AG Alexande
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Annual Report 2001 - Landesbank Berlin

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