Landesbank Berlin Holding

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3 Letter to Shareholders 2 Management 6 Report of the Supervisory Board of Landesbank Berlin Holding AG 11 Corporate Governance Report 16 Executive Bodies of Landesbank Berlin Holding AG and Landesbank Berlin AG
Letter to Shareholders Dear Shareholders, 2007 was a very eventful year for the Landesbank Berlin Holding AG Group, which was dominated at times by an intensive sales process from which the German savings banks emerged as the new principal shareholder. The Bank’s Board of Management welcomes this result because it will give the Bank the stability it needs while providing additional opportunities for business. However, it was an extremely difficult year for the entire banking sector. Following a very successful first half for our Bank, in which all divisions reported growth – in some cases, considerable growth – framework conditions have deteriorated considerably in the wake of the financial crisis affecting the sector since August 2007. Nevertheless, Landesbank Berlin succeeded in achieving its ambitious targets in the past financial year. With a consolidated operating result before taxes of 0 291 million, the previous year’s result of 0 283 million (when adjusted for non-recurring effects) was slightly exceeded. Among other things, this success is attributable to further growth in the Bank’s sales and earnings power. Berliner Sparkasse succeeded in expanding its position in the fiercely competitive Berlin market and in winning market share in important segments. At the same time, we invested in issues that will be of importance in future and have significantly strengthened the customer base through the majority holding in the direct banking service “netbank” and through an acquisition in the sales financing sector at the beginning of the year. We also made gratifying progress in real estate financing and significantly exceeded expectations. We are delighted that we could benefit from our good reputation in the market and, in addition, from an improvement in margins. Management 3
Page 1 and 2: Landesbank Berlin Holding AnnuAl Re
Page 3 and 4: Ratings Unguaranteed liabilities Mo
Page 5: Contents Management 2 Letter to Sha
Page 9 and 10: Ladies and gentlemen, last financia
Page 11 and 12: Meetings of the Supervisory Board M
Page 13 and 14: Annual financial statements 2007 Ma
Page 15 and 16: Corporate Governance Report Managem
Page 17 and 18: Management Corporate Governance Rep
Page 19 and 20: Recommendations of the German Corpo
Page 21 and 22: Sascha Händler * Landesbank Berlin
Page 23 and 24: Berliner SparkaSSe iS the market le
Page 26 and 27: whether it‘s for a long-awaited a
Page 28 and 29: the complexity of Some conSulting-i
Page 31 and 32: we offer our customers deep-rooted,
Page 33 and 34: the Bank iS a renowned, expert prov
Page 36 and 37: in capital markets, we focus on sel
Page 38 and 39: thiS BuSineSS area comBineS Berlin
Page 41 and 42: whether buying, building or financi
Page 43 and 44: Strategic divisions The business mo
Page 45 and 46: Berlin economy remains restrained I
Page 47 and 48: A customer-oriented sales network A
Page 49 and 50: Against the background of persisten
Page 51 and 52: Having checked and certified the se
Page 53 and 54: Net interest income after allowance
Page 55 and 56: Real Estate Financing About the com
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A further improvement in risk struc
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Share Price of Landesbank Berlin Ho
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46 Overview of the 2007 financial y
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58 Development of business - Januar
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70 Risk report For the first time,
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Utilisation by risk category for th
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74 Risk report Counterparty default
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Regional distribution of credit ris
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78 Risk report Together with other
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International volume: net current c
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Current credit exposure of non-perf
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84 Risk report The liquidity ratios
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86 Risk report MARkEt PRICE RISk LI
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88 Risk report Management of market
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90 Risk report Organisational struc
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92 Risk report At present, no high
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94 Risk report Various restructurin
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96 Report on expected developments
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98 Report on expected developments
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Consolidated Income Statement for t
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Statement of Changes in Consolidate
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The cash flow statement provides in
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Notes - Contents Notes to the Balan
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Notes to the Financial Statements I
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Notes to the Financial Statements A
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Notes to the Financial Statements C
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Notes to the Financial Statements S
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Notes to the Financial Statements M
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Notes on Accounting Policies Financ
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Notes on Accounting Policies Hedge
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Notes on Accounting Policies Invest
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Notes on Accounting Policies 14 Inv
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Notes on Accounting Policies 18 Sub
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Notes to the Income Statement 21 Ne
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Notes to the Income Statement 25 Ne
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Notes to the Income Statement The G
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Notes to the Income Statement 31 In
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Notes to the Balance Sheet 33 Cash
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Notes to the Balance Sheet 36 Allow
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Notes to the Balance Sheet 37 Posit
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Notes to the Balance Sheet In the f
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Notes to the Balance Sheet The deve
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Notes to the Balance Sheet 46 Non-c
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Notes to the Balance Sheet The disc
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Notes to the Balance Sheet Breakdow
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Notes to the Balance Sheet b) Defin
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Notes to the Balance Sheet The prov
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Notes to the Balance Sheet Of which
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Notes to the Balance Sheet 56 Subor
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Other Notes The following adjustmen
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Other Notes Letters of comfort Land
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Other Notes 64 Volume of foreign cu
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Other Notes The assets and contract
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Other Notes In August 2004, the Cap
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Other Notes The loans extended to u
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Other Notes Remuneration to be paid
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Other Notes 68 List of investment h
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Other Notes Company, registered off
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Notes to the Financial Statements C
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Executive Bodies of Landesbank Berl
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Responsibility Statement To the bes
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Important addresses 184 Landesbank
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Important addresses Real Estate Fin
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Berlin-Hannoversche Hypothekenbank
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Landesbank Berlin Holding AG Alexan
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Landesbank Berlin Holding

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