Geschäftsbericht 2015, englisch

münchener Hypothekenbank eg | annual report 2015 2 89 overview Imprint overview Business Development (in Millions of €)* 2015 2014 Change % Lending Business a) Mortgage loans 4,850 4,436 9 aa) Residential property financing 3,835 3,678 4 ab) Commercial property financing 1,015 758 34 b) Loans to public sector and banks 671 861 -22 Total 5,521 5,297 4 Balance Sheet (in Millions of €)* 2015 2014 Change % Total assets 38,099 36,340 5 Mortgage loans 25,678 23,556 9 Loans to public sector and banks 8,235 9,421 -13 Pfandbriefe and other bonds 32,463 31,117 4 Liable equity capital 1,372 1,378 0 Income Statement (in Millions of €)* 2015 2014 Change % Net interest income and net commission income 155 111 40 Administrative expenses 89 82 9 Results from operations before deducting provisions for risks 61 27 127 Results from operations after deducting provisions for risks 56 27 107 Transfer to the Fund for General Banking Risks -8 -5 60 Net income 22 16 38 Employees (number) 2015 2014 Change % Average number of employees per year 493 462 7 Apprentices 20 18 11 Employees participating in parental leave, early retirement and partial retirement (non-working phase) 17 25 -32 * Amounts have been rounded. Imprint Published by © Münchener Hypothekenbank eG Karl-Scharnagl-Ring 10 | 80539 Munich Registergericht Gen.-Reg. 396 coordination Board of Management Staff | Organisation | Human Resources Münchener Hypothekenbank eG Concept | Design Hillert und Co. Werbeagentur GmbH Ungererstr. 129 | 80805 Munich www.hillertundco.de Printing deVega Medien GmbH Anwaltinger Strasse 10 | 86165 Augsburg www.deVega.de Photo credits Tommy Lösch Disclaimer regarding forward-looking statements This Annual Report contains statements concerning future expec- tations and forecasts. These forward-looking statements, especially those pertaining to the development of MünchenerHyp’s business and income, are based on our planned assumptions and estimates and are subject to risks and uncertainties. There are a number of factors that could affect our business and which are mainly be- yond our sphere of influence. These include, above all, economic developments, the state and further development of the financial and capital markets in general and our refinancing conditions in particular, as well as unexpected defaults on the part of our bor- rowers. Therefore, the actual results and developments may vary from the assumptions that have been made today. For this reason they are only valid at the time this report was prepared. 289 20152014 Change % a) Mortgage loans 4,8504,4369 aa) Residential property financing 3,8353,6784 ab) Commercial property financing 1,01575834 b) Loans to public sector and banks 671861 -22 Total 5,5215,2974 20152014 Change % Total assets 38,09936,3405 Mortgage loans 25,67823,5569 Loans to public sector and banks 8,2359,421 -13 Pfandbriefe and other bonds 32,46331,1174 Liable equity capital 1,3721,3780 20152014 Change % Net interest income and net commission income 15511140 Administrative expenses 89829 Results from operations before deducting provisions for risks 6127127 Results from operations after deducting provisions for risks 5627107 Transfer to the Fund for General Banking Risks -8 -560 Net income 221638 20152014 Change % Average number of employees per year 4934627 Apprentices 201811 and partial retirement (non-working phase) 1725 -32

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