Geschäftsbericht 2015, englisch

münchener Hypothekenbank eg | annual report 2015 64 Details of revenue reserves Legal reserve € 000 Other revenue reserves € 000 01 Jan. 2015 282,304 1,534 Transfer from 2014 retained earnings 0 0 Transfer from 2015 net income 0 0 31 Dec. 2015 282,304 1,534 Members’ capital contributions Members’ capital contributions disclosed under capital and reserves item 11aa) consisted of: 31 Dec. 15 € 31 Dec. 14 € Capital contributions 705,334,408.43 667,342,255.44 a) of remaining members 698,260,278.43 664,114,765.44 b) of former members 6,689,410.00 2,949,870.00 c) in respect of shares under notice 384,720.00 277,620.00 Outstanding obligatory payments in respect of shares 11.57 14.56 SILENT PARTICIPATIONS Silent participations in the amount of € 170,749 (thousand) (previous year € 275,899 (thousand)) are eligible for grandfathering pur- suant to section 484 CRR in the amount of € 140,000 (thousand), and are considered to be additional Tier 1 capital pursuant to section 51 CRR. Expenses attributable to these participations amounted to € 16,418 (thousand) (previous year € 24,081 (thousand)). ASSETS PLEDGED TO SECURE LIABILITIES Within the framework of open market deals with the European Central Bank, securities valued at € 691,000 (thousand) (previous year € 641,000 (thousand)) were pledged as collateral to secure the same amount of liabilities. The book value of the pledged assets (genuine repurchase agreements) was € 22,580 (thousand) (previous year € 639,806 (thousand)). Within the framework of security arrangements for derivative transactions, cash collateral of € 2,407,190 (thousand) (previous year € 2,475,980 (thousand)) was provided. Securities valued at € 14,068 (thousand) (previous year € 12,730 (thousand)) were pledged to secure pension obligations and requirements of the partial retirement model for older employees. Securities valued at € 30,000 (thousand) (previous year € 30,000 (thousand)) were pledged to secure financial aid obligations within the framework of a Contractual Trust Arrangement (CTA). Pursuant to Art. 12 para. 5 of the Restructuring Fund Act (Restrukturierungsfondsgesetz – RStruktFG) € 3,683 (thousand) in cash collateral has been pledged. FOREIGN CURRENCY ITEMS 31 Dec. 15 € 000 31 Dec. 14 € 000 Assets side 5,164,059 4,679,575 Liabilities side 1,576,123 1,898,937 Contingent liabilities and other obligations 288,270 233,276 Notes 01 Jan. 2015282,3041,534 Transfer from 2014 retained earnings 00 Transfer from 2015 net income 00 31 Dec. 2015282,3041,534 Capital contributions 705,334,408.43667,342,255.44 a) of remaining members 698,260,278.43664,114,765.44 b) of former members 6,689,410.002,949,870.00 c) in respect of shares under notice 384,720.00277,620.00 Outstanding obligatory payments in respect of shares 11.5714.56 31 Dec. 15 € 00031 Dec. 14 € 000 Assets side 5,164,0594,679,575 Liabilities side 1,576,1231,898,937 Contingent liabilities and other obligations 288,270233,276

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