18.03.2014 Views

KB prezent. angl - Komerční banka

KB prezent. angl - Komerční banka

KB prezent. angl - Komerční banka

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

048 ➔049<br />

Report of the Board of Directors<br />

Penzijní fond <strong>Komerční</strong> banky, a. s.<br />

Shareholder structure<br />

Core business<br />

Market position<br />

External rating<br />

Key products<br />

Main developments in 2003<br />

Key plans for 2004<br />

100% <strong>KB</strong> share<br />

Pension fund<br />

Second place on the pension fund market by assets under management<br />

Sixth place on the pension fund market by number of clients<br />

A-/CzAa- according to the CRA Rating agency (the highest rating among Czech pension<br />

funds)<br />

State-subsidised pension insurance<br />

Runner-up among pension funds in the “MasterCard Bank of the Year 2003” competition<br />

Obtained rating A-/CzAa-<br />

Assets under management increased by 14%<br />

Increased sales through the <strong>KB</strong> network<br />

Co-operation with <strong>KB</strong> on the preparation of new product packages<br />

Financial summary<br />

CAS, CZK thousand 2003 2002<br />

Total assets 11,066,537 9,691,507<br />

Total volume on client accounts 10,290,396 8,881,047<br />

Shareholders’ equity 743,099 788,390<br />

Share capital 200,000 200,000<br />

Net financial income 546,459 622,041<br />

Profit before tax 361,637 418,409<br />

Profit after tax 365,097 420,323<br />

Contact Penzijní fond <strong>Komerční</strong> banky, a. s.<br />

Lucemburská 7/1170, 130 11 Praha 3<br />

Phone:+420 272 173 111, 272 173 172–5, Fax: +420 272 173 171<br />

Corp. ID: 61860018, E-mail: pf-kb@pf-kb.cz<br />

Internet: www.pfkb.cz

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!