Download (2.2 MB) - Volksbank AG
Download (2.2 MB) - Volksbank AG
Download (2.2 MB) - Volksbank AG
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
(33) Risk provisions for loans and advances<br />
NOTES / BALANCE SHEET<br />
Risk provisions are related to loans and advances to customers and contingent liabilities. They only cover credit<br />
risks. The assessment basis for valuation adjustment also includes deferred interest as at the balance sheet date.<br />
Provisions for country risks included in this item are directly allocated to the borrowers. Global valuation adjustments<br />
were not undertaken. The amount of loans and advances bearing no interest and earnings was EUR 26 m<br />
(2003: EUR 41 m).<br />
in EUR m 31.1<strong>2.2</strong>004 31.1<strong>2.2</strong>003<br />
As at 1 January<br />
Additions<br />
72 75<br />
Allocations to risk provisions for loans and advances<br />
Releases<br />
17 17<br />
Earmarked use -3 -12<br />
Release of risk provisions for loans and advances -8 -8<br />
Currency adjustments 0 0<br />
As at 31 December 78 72<br />
(34) Trading assets<br />
in EUR m 31.1<strong>2.2</strong>004 31.1<strong>2.2</strong>003<br />
Bonds and other fixed-income securities 8 18<br />
Money market paper 0 0<br />
Bonds<br />
of which:<br />
8 18<br />
Listed bonds 8 17<br />
Shares and other variable-yield securities 0 3<br />
Shares 0 1<br />
Investment certificates 0 2<br />
Other<br />
of which:<br />
0 0<br />
Listed shares and other variable-yield securities 0 1<br />
Own shares and other variable-yield securities 0 0<br />
Positive fair values from derivative financial instruments 165 153<br />
Other trading portfolio items 0 0<br />
Aggregate 173 173<br />
91
Change language