KB prezent. angl - Komerční banka

180 ➔
Report on Relations
Among Related Entities
B. Other legal acts Implemented by the Bank in the Interest of the controlling entity and other
Related Entities
Pursuant to a decision of the General Meeting held on 19 June 2003, the shareholder, SG Paris, received dividends of
CZK 825,848,172 in respect of KB’s shares for the year ended 31 December 2002.
On the basis of an agreement to purchase notes entered into with SG Paris in 2002 under the Euro Medium Term Note Programme,
KB received interest of 4.2719 percent p.a., that is, CZK 606,372,452, for the year ended 31 December 2003.
KB took over and settled the commitment to increase the investment in Franfinance Consumer Credit, s. r. o. having its registered
office address at Táborská 940/31, Praha 4, 140 00, amounting to CZK 124,898,000.
C. Measures taken or implemented by the Bank in the interest of the controlling person and of other
Related Entities or upon their initiative
During the Accounting Period, the Bank has not taken nor implemented any measures that would be in the interest or upon the
initiative of the Related Entities.
III. Conclusion
The Board of Directors of the Bank has reviewed all arrangements put in place between the Bank and the Related Entities during the
Reporting Period and states that the Bank incurred no damage as a result of any contracts, agreements, any other legal acts or any
other measures taken or implemented by the Bank in the Reporting Period.
Prague, 18 March 2004
Signed on behalf of the Board of Directors:
Alexis Juan
Chairman of the Board of Directors and CEO
Philippe Rucheton
Member of the Board of Directors and CFO