Corp Landesbank Berlin Holding

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4 Letter to Shareholders Dear shareholder, the starting point for the Bank’s medium-term development is a good one. We have a diversified business model, which proves itself to be stable and viable even in difficult times. Growth in loans and deposits by private customers, the increased number of corporate clients, the good new business volume and the considerably increased loans portfolio in real estate financing, as well as successful business with institutional customers, all prove that Landesbank Berlin is developing successfully, even in a difficult environment. We deal with costs, risks and liquidity in a responsible and prudent manner, thus ensuring that we remain a reliable business partner for our customers. All of this – together with a respectable start to the current year – gives us grounds for cautious optimism. However, in view of the continued extremely difficult global economic situation and the fact that there is not yet a foreseeable end to the financial crisis, forecasts of the result for the whole year cannot currently be prepared with the necessary level of reliability. Nonetheless, with all due caution we are confident that Landesbank Berlin Holding AG will overcome the crisis and put to use the experience it gains in continuing to develop its performance. With kind regards The Board of Management Hans-Jörg Vetter Dr. Thomas Veit
Report of the Supervisory Board of Landesbank Berlin Holding AG During the 2008 financial year, the Supervisory Board kept itself well informed of current events and significant transactions in six plenary sessions, including one telephone conference, and six committee meetings, of which two were telephone conferences. It reviewed the situation and business performance of the Bank regularly, comprehensively and with appropriate urgency both in writing and verbally, and continuously monitored and satisfied itself that Landesbank Berlin Holding AG (Holding) and its subsidiaries were being managed properly by the Board of Management. The Supervisory Board was informed by the Board of Management about the intended business policy and other fundamental issues of corporate planning, including in particular financial, investment and personnel planning, the risk situation and compliance. It then advised the Board of Management on all aspects associated with these matters and gave recommendations where appropriate. Current issues were discussed on an individual basis by the Chairman of the Board of Management and the Chairman of the Supervisory Board. In view of the largely identical topics, the Supervisory Board members of Holding and Landesbank Berlin AG (LBB) both met regularly in joint meetings – as did the two Accounting, Personnel and Strategy Committees. Focus of the work of the Supervisory Board The subject of all meetings was information provided by the Board of Management on the current business performance and the earnings of the strategic divisions, as well as detailed discussions of the current situation of Holding, with a particular focus on the crisis on the international financial and Capital Markets. As a result of the dramatic escalation of the crisis in September 2008, the Supervisory Board and the relevant committee were informed on an ongoing basis about the impact of the crisis on the Holding, pending decisions and the market environment, and discussed the situation in detail in the meetings. In addition to reporting on the 2007 financial year, the separate accounts meetings focused primarily on advising on and auditing the annual and consolidated financial statements and the Holding management and Group management reports as at 31 December 2007, as well as the proposal for the appropriation of the 2007 unappropriated surplus. Management Letter to Shareholders | Report of the Supervisory Board 5
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: Letter to Shareholders Dear shareho
Page 11 and 12: Personnel changes In the 2008 finan
Page 13 and 14: Corporate Governance Report The Boa
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,
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In line with their service agreemen
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Apart from the trade union represen
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Article 71 (1) No. 7 of the German
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market environment, the Real Estate
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Net commission income increased by
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Staff costs amounted to € 492 mil
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Capital Markets generated an operat
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Net assets total assets at the end
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deposits by banks declined by € 4
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Events after 31 December 2008 As at
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Principles for risk management and
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To ensure risk tolerance, there is
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In accordance with BaFin’s interp
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In line with its risk strategy, the
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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
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Liquidity risks The liquidity risk
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Managing liquidity risks Group-wide
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Risk concentration The Group’s da
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Risk and income monitoring for the
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Organisational structure The contro
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IT and system risks Extraordinary I
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The Federal Financial Supervisory A
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Report on expected developments / O
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Regional Corporate Banking Landesba
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Annual Financial Statements for the
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Quarterly Development of the LBB Ho
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Statement of Changes in Consolidate
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Consolidated Financial Statements C
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Notes to the Balance Sheet 33 Cash
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In addition to the standards listed
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4 Principles of consolidation Conso
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From 2 January 2008 until the date
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Capital Markets generated an operat
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Capital Markets Real Estate Financi
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Financial assets and liabilities de
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7.6 Embedded derivatives Embedded d
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8 Cash Public-sector debt instrumen
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13 Leases In accordance with IAS 17
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16 Provisions Provisions are recogn
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Minimum capital requirements The co
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23 Net commission income in € mil
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Net income by category The so-calle
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Other administrative expenses: in
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As a result of the German Business
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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
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Financial instruments designated at
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40 Investments carried at equity A
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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
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Trading liabilities (HfT) in € mi
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) Defined benefit plan There are se
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Development of pension obligations
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Of which: Provisions for EU measure
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55 Liabilities assigned to groups o
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The following adjustments were also
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In addition, Landesbank Berlin AG b
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The market situation was dominated
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Majority owner related party disclo
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Information on members of the Board
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Disclosures in line with Article 31
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67 List of investment holdings Comp
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Company, registered office Special
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Company, registered office Minimum
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Executive Bodies of Landesbank Berl
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Auditors’ report “We have audit
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Retail Banking Private Banking Bund
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Capital Markets Business Management
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Imprint Published by Landesbank Ber
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Corp Landesbank Berlin Holding

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