Basic HTML-Version
Securities
The securities admissible for stock exchange listing included in items 5 and 6 on the asset side are divided into listed and non-listed
securities as follows:
2010
Listed
2009
Listed
2010
Non-listed
2009
Non-listed
in EUR
in EUR k
in EUR
in EUR k
Bonds and other fixed-interest securities
18.880.407
11.694
511.589.030
817.156
Shares and other non-fixed-interest
securities
11.990.000
11.990
20.970.262
25.700
The securities admissible for stock exchange listing included in items 5 and 6 on the asset side are divided as follows, based on type of
valuation:
2010
Valued like fixed
assets
2009
Valued like fixed
assets
2010
Not valued like
fixed assets
2009
Not valued like
fixed assets
in EUR
in EUR k
in EUR
in EUR k
Bonds and other fixed-interest securities
514.602.983
819.739
15.866.454
9.111
Shares and other non-fixed-interest
securities
31.126.223
35.785
1.834.039
1.906
The listed securities are used for long-term investment. The securities not valued as fixed assets were acquired for the purpose of secu-
rities trading. RLB Tirol AG maintains a small securities trading book which currently contains securities with a volume of kEUR 189,138
(previous year: kEUR 63).
Other assets
Other assets include accrued interest of EUR 43,990,173 (previous year: kEUR 46,220), which affect payments after the balance sheet
date.
Provisions and other liabilities
Other provisions (LIABILITIES 06.d) include the following major items:
31.12.2010
Previous year
in EUR
in EUR k
Provision for contingent liabilities
12.414.190
5.023
Other liabilities include accrued interest of EUR 40,512,136 (previous year: kEUR 37,759) and foreign currency valuations of derivatives
of EUR 86,280,780 (previous year: kEUR 7,397), which affect payments after the balance sheet date.
Supplementary information
The balance sheet contains the following foreign currency amounts converted into euros:
Assets 2010
Assets 2009
Liabilities 2010
Liabilities 2009
in EUR
in EUR k
in EUR
in EUR k
2.073.380.045
1.859.786
1.079.412.384
1.470.147
The following derivative financial instruments were held at the balance sheet date:
Banking book
Trading book
Total
Positive
market value
Negative
market value
in EUR k
in EUR k
in EUR k
in EUR k
in EUR k
Interest rate derivatives
Interest rate swaps
4.898.821
0
4.898.821
118.146
116.978
Previous year
(5.596.340)
(0)
(5.596.340)
(96.144)
(103.764)
Forward interest rate transactions – buy
100.000
0
100.000
23
48
Previous year
(0)
(0)
(0)
(0)
(0)
Forward interest rate transactions – sell
400.000
0
400.000
208
0
Previous year
(0)
(0)
(0)
(0)
(0)
Interest rate options – call
324.168
0
324.168
8.565
0
Previous year
(195.914)
(0)
(195.914)
(6.039)
(1)
Interest rate options – put
268.093
0
268.093
0
7.433
Previous year
(188.661)
(0)
(188.661)
(15)
(4.957)
Exchange rate derivatives
Forward foreign exchange transactions
36.486
0
36.486
1.837
154
Previous year
(2.965)
(0)
(2.965)
(13)
(109)
Currency/interest rate swaps
1.127.668
0
1.127.668
5.176
88.791
Previous year
(455.711)
(0)
(455.711)
(2.465)
(9.053)
The market value is the amount for which financial instruments could be bought or sold on fair conditions as at the balance sheet date.
Stock exchange prices were used for the valuation, if available. For financial instruments without stock exchange prices, internal valua-
tion models were used with current market parameters, especially the cash method and
option price models.
As at 31.12.2010, securities with a nominal value of EUR 5,600,000 (previous year: kEUR 5,000) serve as cover stock for trust fund sav-
ings deposits of EUR 4,679,782 (previous year: kEUR 4,307). Raiffeisen Zentralbank Österreich AG was provided with sureties of EUR
17,300,000 (previous year: kEUR 37,300) and the OeNB was provided with EUR 89,900,000 (previous year: kEUR 101,400) for the ECB
tender procedure. In addition, securities valued at EUR 1,010,900,000 (previous year: kEUR 996,900) were used for the repo transac-
tions via SIX SIS AG. In addition, EUR 20,000,000 (previous year: kEUR 25,000) was deposited as sureties for liabilities to banks, and
EUR 10,500,000 (previous year: kEUR 10,000) for GSA/supply of cash. Loans of EUR 3,956,820 (previous year: kEUR 3,988) were
granted to Österreichische Kontrollbank AG, of EUR 156,152,079 (previous year: kEUR 111,876) to the European Investment Bank and of
EUR 143,924,029.83 (previous year: kEUR 119,470) to the OeNB.
In the financial year an amount of EUR 2,217,144 (previous year kEUR 2,685) was not allocated for tax reasons in accordance with Sec-
tion 208 (2) UGB (Austrian Commercial Code). The expected tax liability is EUR 554,286 (previous year kEUR 671).
Annual financial statements |
43
|
|
42
| Annual financial statements