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Geschäftsbericht 2012, englisch

notes – münchener Hypothekenbank eg l annual Report 201270 Profit-participation Certificates The amount of profit-participation capital of € 16,361 (thousand) (previous year € 21,474 (thousand)) fulfils the criteria of Art. 10 (5) of the German Banking Act with € 6,136 (thousand) (previous year € 6,136 (thousand)). Details of revenue reserves Legal reserve € 000 Other revenue reserves € 000 01 Jan. 2012 282,304 1,534 Transfer from 2011 retained earnings 0 0 Transfer from 2012 net income 0 0 31 Dec. 2012 282,304 1,534 Members’ capital contributions Members’ capital contributions disclosed under capital and reserves item 11aa) consisted of: 31 Dec. 12 € 31 Dec. 11 € Capital contributions 162,591,919.69 161,209,276.92 a) of remaining members 160,772,129.69 158,859,446.92 b) of former members 1,418,690.00 2,192,540.00 c) in respect of shares under notice 401,100.00 157,290.00 Outstanding obligatory payments in respect of shares 20.31 23.08 SILENT PARTICIPATIONS The silent participations valued at € 340,647 (thousand) (previous year € 341,647 (thousand)) satisfy the criteria of Art. 10 (4) of the German Banking Act for the amount of € 340,647 (thousand) (previous year € 340,647 (thousand)). Expenses attributable to these participations amounted to € 26,807 (thousand) (previous year € 26,376 (thousand)). ASSETS PLEDGED TO SECURE LIABILITIES Within the framework of open market deals with the European Central Bank, securities valued at € 2,000,000 (thousand) (previous year € 1,247,786 (thousands)) were pledged as collateral to secure the same amount of liabilities. The book value of the pledged assets (genuine repurchase agreements) was € 220,305 (thousand) (previous year € 1,343,937 (thousand)). Within the framework of security arrangements for derivative transactions, cash collateral of € 2,301,740 (thousand) (previous year € 1,807,260 (thousand)) was provided. Securities valued at € 12,884 (thousand) (previous year € 12,414 (thousand)) were pledged to secure pension obli- gations and requirements of the partial retirement model for older employees. Securities valued at € 26,776 (thousand) (previous year € 26,764 (thousand)) were pledged to secure financial aid obligations within the framework of a Contractual Trust Arrange- ment (CTA). FOREIGN CURRENCY ITEMS 31 Dec. 12 € 000 31 Dec. 11 € 000 Assets side 5,702,278 5,699,758 Liabilities side 2,516,550 2,760,535 Contingent liabilities and other obligations 227,256 306,217

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