Annual Report 2010 - Muenchener Hypothekenbank eG

STATEmENT Of dEvELOPmENT IN EQUITy ANd cASh fLOw STATEmENT STATEmENT Of dEvELOPmENT IN EQUITy cAPITAL fOR 2010 Subscribed capital Revenue reserves unappropriated profit Total capital and reserves Members' capital contributions Silent participations € 000 € 000 € 000 € 000 € 000 Capital and reserves as at 01.01.2010 148,741 335,197 279,338 8,629 771,905 Net change in capital 7,373 6,950 0 0 14,323 dividends paid 0 0 0 7,996 7,996 Net income 0 0 3,000 7,999 10,999 Capital and reserves as at 31.12.2010 156,114 342,147 282,338 8,632 789,231 cASh fLOw STATEmENT fOR 2010 31.12.2010 in € millions 31.12.2009 in € millions Net income before extraordinary items 12.1 11.0 Non-cash items contained in net income for the year and transferal to the cash flow from operating activities depreciation,write-downs and write-ups on loans, tangible fixed assets and financial assets 46.4 31.3 Changes in reserves 1.8 2.4 Changes in other non-cash items 15.0 19.6 gains/losses from the disposal of tangible fixed assets and financial assets 0.0 0.0 other adjustments 0.0 0.0 sub-total 75.3 64.3 Changes in assets and liabilities from operating activities activities Claims - on banks 106.3 1,300.2 - to customers -1,835.3 -422.4 Securities (to the extent not financial investments) 2,138.0 -297.4 other assets from operating activities 128.5 -42.4