balance sheet as of december 31, 2003 - Raiffeisenlandesbank ...

Severance payment obligations as of the balance sheet date are calculated according to the principles of investment
mathematics using a discount rate of 3.5% and taking into account the legal pensionable age under applicable law.
Employee turnover is now taken into account in the form of annual turnover rates for the premature termination of
employment relationships.
Obligations to pay anniversary bonuses are calculated according to the principles of investment mathematics in the same
way as severance payment obligations.
Other provisions are entered using reasonable and prudent business accounting principles to cover all recognizable risks
as of the balance sheet date as well as liabilities which are uncertain in terms of type and amount.
X. Liabilities are shown at the higher of original book value or the amount repayable.
D. NOTES ON THE BALANCE SHEET
I. Analysis of maturities
1. Breakdown of residual maturities for loans and advances to and balances with banks and non-banks not repayable on
demand (under § 64 Par. 1 No. 4 of the Austrian Banking Act):
57
Banks
Non-banks
EUR '000 2003 2002 2003 2002
a) Up to 90 days 1,483,454 1,341,156 1,814,128 1,813,677
b) 90 days to 1 year 1,358,730 831,896 392,604 472,915
c) 1 to 5 years 161,926 463,373 1,110,105 985,248
d) More than 5 years 338,198 297,292 1,006,069 770.824
2. Breakdown of residual maturities for amounts owed to banks and non-banks not repayable on demand (under § 64 Par.
1 No. 4 of the Austrian Banking Act):
Banks
Non-banks
EUR '000 2003 2002 2003 2002
a) Up to 90 days 697,484 803,154 896,839 1,285,642
b) 90 days to 1 year 1,354,774 1,108,151 332,913 369,666
c) 1 to 5 years 70,707 79,465 495,396 410,157
d) More than 5 years 185,626 115,575 324,044 316,843