Corp Landesbank Berlin Holding

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8 Report of the Supervisory Board of Landesbank Berlin Holding AG The accounts meetings of the full Supervisory Board and the APS Committee were attended by the auditors responsible for signing the annual and consolidated financial statements. The auditors reported on the key results of their audit and gave detailed answers to questions from the members of these committees. The Supervisory Board is confident that the auditor has no conflicts of interest in accordance with the GCGC 7.2.1 in terms of an independent audit. There were no objections to the audit results. The Supervisory Board approved the annual financial statements of Holding and of the Group prepared by the Board of Management as of 31 December 2008 in its meetings on 27 March 2008. The annual financial statements of Holding are thereby adopted in accordance with Article 172 (1) sentence 1 of the German Stock Corporation Act (AktG). The Supervisory Board approved the proposal by the Board of Management to carry forward the reported unappropriated surplus of the Company for the 2008 financial year in the amount of € 13,206,360.23 to new account. The Supervisory Board would like to thank the members of the Board of Management and all the employees of the Company for their achievements in a difficult and challenging market environment in the 2008 financial year. Berlin, March 2009 The Supervisory Board Heinrich Haasis Chairman
Corporate Governance Report The Board of Management and the Supervisory Board attach great importance to clear and efficient rules for managing and monitoring the Company and its subsidiaries. The Supervisory Board and the Board of Management act in the knowledge that sound corporate governance is in the interests of the Capital Markets and constitutes an important basis for the success of Group companies and therefore also the employees. For the Company, compliance with the corporate governance guidelines is also an important factor in strengthening confidence among the general public. The Group companies adhere to the recommendations of the German Corporate Governance Code (GCGC), irrespective of their legal form, to the extent that these principles are applicable to and important for the implementation of a Group-wide model. In the interests of acting in a uniform manner, non-listed Landesbank Berlin AG (LBB) also resolved to apply the corporate governance principles voluntarily. This is therefore the joint Corporate Governance Report of Landesbank Berlin Holding AG (Holding) and LBB. Berlin-Hannoversche Hypothekenbank AG describes its principles in its own corporate governance report, including its declaration of conformity. Board of Management The Boards of Management of Holding and LBB are committed to the principles of sound, responsible, efficient corporate management and monitoring based on sustained value-added. They manage the respective company under their own responsibility in accordance with statutory provisions, articles of associations and internal regulations as well as internal directives and work towards compliance with these by the Group companies. Each Board of Management develops the strategic orientation of the company with the approval of the Supervisory Board and ensures that this strategy is implemented. Both Boards of Management each inform their Supervisory Board promptly and comprehensively of the business performance of their company, its planning, risk situation, risk management and compliance and, where applicable, deviations in business performance from the original planning. Neither the Board of Management of Holding nor that of LBB was subject to conflicts of interest while carrying out their duties with the result that there is no information that must be reported. The composition of both Boards of Management and the responsibilities of the individual Board of Management members are presented on page 48. Management Report of the Supervisory Board | Corporate Governance Report 9
Page 1 and 2: Landesbank Berlin Holding ANNUAL RE
Page 3 and 4: Ratings Unguaranteed liabilities Mo
Page 5 and 6: Contents Management 2 Letter to Sha
Page 7 and 8: Letter to Shareholders Dear shareho
Page 9 and 10: Report of the Supervisory Board of
Page 11: Personnel changes In the 2008 finan
Page 15 and 16: Transparency The members of the Boa
Page 17 and 18: In view of this, a revised declarat
Page 19: Sascha Händler * Landesbank Berlin
Page 23: Innovative - with modern financial
Page 26: Expert and fair - our claim In unce
Page 30 and 31: 27 Strategic divisions 28 Retail Ba
Page 32 and 33: The retail banking business of Land
Page 34 and 35: 30 Retail Banking Insurance and bui
Page 36 and 37: Landesbank Berlin is the market lea
Page 38 and 39: 34 Regional Corporate Banking Prove
Page 40 and 41: 36 Capital Markets In the capital M
Page 42 and 43: 38 Capital Markets Capital Markets
Page 44 and 45: New business in 2008 by lending reg
Page 46 and 47: 42 Employees In 2008, we rigorously
Page 49 and 50: Group management report Overview of
Page 51 and 52: Landesbank Berlin AG (LBB) is a who
Page 53 and 54: “Berliner Sparkasse”. In the Re
Page 55 and 56: Measures to improve earnings Also i
Page 57 and 58: With regard to their remuneration,
Page 59 and 60: In line with their service agreemen
Page 61 and 62: Apart from the trade union represen
Page 63 and 64:
Article 71 (1) No. 7 of the German
Page 65 and 66:
market environment, the Real Estate
Page 67 and 68:
Net commission income increased by
Page 69 and 70:
Staff costs amounted to € 492 mil
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Capital Markets generated an operat
Page 73 and 74:
Net assets total assets at the end
Page 75 and 76:
deposits by banks declined by € 4
Page 77 and 78:
Events after 31 December 2008 As at
Page 79 and 80:
Principles for risk management and
Page 81 and 82:
To ensure risk tolerance, there is
Page 83 and 84:
In accordance with BaFin’s interp
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In line with its risk strategy, the
Page 87 and 88:
The rating methods are calibrated t
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1800 1600 1400 1200 1000 800 600 40
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On account of the largely low-risk
Page 93 and 94:
Liquidity risks The liquidity risk
Page 95 and 96:
Managing liquidity risks Group-wide
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Risk concentration The Group’s da
Page 99 and 100:
Risk and income monitoring for the
Page 101 and 102:
Organisational structure The contro
Page 103 and 104:
IT and system risks Extraordinary I
Page 105 and 106:
The Federal Financial Supervisory A
Page 107 and 108:
Report on expected developments / O
Page 109 and 110:
Regional Corporate Banking Landesba
Page 111 and 112:
Annual Financial Statements for the
Page 113 and 114:
Quarterly Development of the LBB Ho
Page 115 and 116:
Statement of Changes in Consolidate
Page 117 and 118:
Consolidated Financial Statements C
Page 119 and 120:
Notes to the Balance Sheet 33 Cash
Page 121 and 122:
In addition to the standards listed
Page 123 and 124:
4 Principles of consolidation Conso
Page 125 and 126:
From 2 January 2008 until the date
Page 127 and 128:
Capital Markets generated an operat
Page 129 and 130:
Capital Markets Real Estate Financi
Page 131 and 132:
Financial assets and liabilities de
Page 133 and 134:
7.6 Embedded derivatives Embedded d
Page 135 and 136:
8 Cash Public-sector debt instrumen
Page 137 and 138:
13 Leases In accordance with IAS 17
Page 139 and 140:
16 Provisions Provisions are recogn
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Minimum capital requirements The co
Page 143 and 144:
23 Net commission income in € mil
Page 145 and 146:
Net income by category The so-calle
Page 147 and 148:
Other administrative expenses: in
Page 149 and 150:
As a result of the German Business
Page 151 and 152:
34 Loans and advances to banks Loan
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These include € 46,315 million (p
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Existing loans Provisions for lendi
Page 157 and 158:
Financial instruments designated at
Page 159 and 160:
40 Investments carried at equity A
Page 161 and 162:
43 Investment property This item re
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Land and buildings used by third pa
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The future minimum lease payments a
Page 167 and 168:
Trading liabilities (HfT) in € mi
Page 169 and 170:
) Defined benefit plan There are se
Page 171 and 172:
Development of pension obligations
Page 173 and 174:
Of which: Provisions for EU measure
Page 175 and 176:
55 Liabilities assigned to groups o
Page 177 and 178:
The following adjustments were also
Page 179 and 180:
In addition, Landesbank Berlin AG b
Page 181 and 182:
The market situation was dominated
Page 183 and 184:
Majority owner related party disclo
Page 185 and 186:
Information on members of the Board
Page 187 and 188:
Disclosures in line with Article 31
Page 189 and 190:
67 List of investment holdings Comp
Page 191 and 192:
Company, registered office Special
Page 193 and 194:
Company, registered office Minimum
Page 195 and 196:
Executive Bodies of Landesbank Berl
Page 197 and 198:
Auditors’ report “We have audit
Page 199 and 200:
Retail Banking Private Banking Bund
Page 201 and 202:
Capital Markets Business Management
Page 203 and 204:
Imprint Published by Landesbank Ber
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Corp Landesbank Berlin Holding

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