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ePaper created 2014-04-15, 13:56:41 | version 1.30.00
68 notes – münchener Hypothekenbank eg l annual Report 2013 Mortgage Pfandbriefe outstanding and corresponding cover ASSETS Nominal value 31 Dec. 13 € 000 31 Dec. 12 € 000 Mortgage Pfandbriefe 16,233,362 15,135,375 of which derivatives 0 1,888 Cover pools 18,066,593 18,244,686 of which further cover assets 964,672 1,447,237 Surplus cover 1,833,231 3,109,311 Net present value 31 Dec. 13 € 000 31 Dec. 12 € 000 Mortgage Pfandbriefe 17,123,941 16,676,696 of which derivatives 0 1,891 Cover pools 20,094,075 20,941,256 of which further cover assets 1,035,258 1,617,763 Surplus cover 2,970,134 4,264,560 Risk-adjusted net present value *) 31 Dec. 13 € 000 31 Dec. 12 € 000 Mortgage Pfandbriefe 18,235,529 15,771,816 Cover pools 20,681,646 19,669,500 Value of surplus cover after stress test 2,446,117 3,897,684 *) Stress test applying the dynamic approach in accordance with Art. 4 and Art. 5 Pfandbrief-Net Present Value Directive (PfandBarwertV) Maturity analysis by residual term 31 Dec. 13 € 000 ≤ one year > one year ≤ two years > two years ≤ three years > three years ≤ four years > four years ≤ five years > five years ≤ ten years > ten years Mortgage Pfandbriefe 1,356,581 2,628,905 2,371,481 498,031 542,945 3,473,372 5,362,047 Cover pools 2,013,142 2,216,352 2,104,453 1,688,905 1,538,250 5,845,038 2,660,453 Maturity analysis by residual term 31 Dec. 12 € 000 ≤ one year > one year ≤ two years > two years ≤ three years > three years ≤ four years > four years ≤ five years > five years ≤ ten years > ten years Mortgage Pfandbriefe 2,974,541 1,442,988 2,743,460 2,060,217 547,528 2,945,528 2,421,113 Cover pools 2,070,930 2,206,574 2,421,308 2,067,457 1,562,712 5,658,389 2,257,316 Regulatory reporting in accordance with Art. 28 Pfandbrief Act (PfandBG)