KB prezent. angl - Komerční banka

096 ➔097
Unconsolidated Financial Statements
under CAS
The bonds and medium-term notes detailed above include the following bonds and notes issued by the Bank:
Name Interest rate Issue date Maturity date 2003 2002 2001
(CZK million) (CZK million) (CZK million)
Bonds of Komerční banka, a. s., 6M PRIBOR 10 February 1997 10 February 2002 0 0 6,124
CZ0003700429
plus 15 basis points (bps)
Zero coupon bonds of Zero coupon 8 August 1997 8 August 2004 6,641 6,089 5,542
Komerční banka, a. s.,
(issued with discount
770970000947 for CZK 3,805 million)
Bonds of Komerční banka, a. s., 6M PRIBOR 29 September 1997 29 September 2002 0 0 4,022
CZ0003700452
plus 10 basis points
Mortgage bonds of 8.125% 13 May 1999 13 May 2004 4,206 4,206 4,206
Komerční banka, a. s., (mortgage bonds 2)
CZ0002000110
Mortgage bonds of 8.0% 15 June 1999 15 June 2004 1,564 1,565 1,565
Komerční banka, a. s., (mortgage bonds 1)
CZ0002000102
Bonds of Komerční banka, a. s., 8.0% 10 September 1999 10 September 2004 4,779 5,120 4,927
CZ0003700528
Mortgage bonds of 6M PRIBOR 15 September 2000 15 September 2007 1,247 1,287 1,333
Komerční banka, a. s.,
plus 350 basis points
CZ0002000151 (mortgage bonds 3)
Mortgage bonds of 5.5% 21 August 2003 21 August 2009 2,911 0 0
Komerční banka, a. s.,
CZ0002000268
Total bonds 21,348 18,267 27,719
Note: Six-month PRIBOR was 217 basis points as of 31 December 2003 (2002: 255 basis points, 2001: 448 basis points).
22. Other liabilities, deferred income and accrued expenses
Other liabilities
CZK million 2003 2002 2001
Negative fair values of derivative transactions 3,459 6,078 4,296
Settlement balances and outstanding balances 90 17 0
Other payables from securities trading and issues of securities 104 343 528
Other liabilities 962 827 1,285
Estimated payables 1,820 2,269 1,769
Corporate income tax 0 2,797 673
Deferred tax 625 1,124 81
Total 7,060 13,455 8,632
With effect from 2003, pursuant to applicable accounting regulations, the Bank has recorded a reserve for corporate income tax
which is reported within the line Reserve for taxes.
Deferred income and accrued expenses
As of 31 December 2003, deferred income and accrued expenses amounted to CZK 5,884 million (2002: CZK 29 million, 2001:
CZK 225 million). This balance includes an up-front payment of CZK 5,862 million made by Česká konsolidační agentura in respect of
the payout under the State Guarantee Agreement (refer also to Note 2).