The Pfandbrief 2011 | 2012
The Pfandbrief 2011 | 2012
The Pfandbrief 2011 | 2012
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Deutsche Hypothekenbank (Actien-Gesellschaft) was founded in 1872.<br />
As a mortgage bank we focus on financing and consulting in all aspects of real estate. True to our business-policy<br />
orientation we specialize in large-volume commercial financings for professional real estate<br />
clients. Supplementing our activities in Germany we focus our operations on our European target countries<br />
UK, France, the Benelux countries, Spain and the US. A further pillar of our activities is public-sector<br />
lending and capital market business with domestic and international market participants. In this business<br />
area, a particular focus is on finance for public authorities in western European States. We have an extensive<br />
range to offer our investors – from small-volume, tailor-made issues to Jumbo <strong>Pfandbrief</strong>e.<br />
Deutsche Hypo forms part of NORD/LB since January 2008. By combining the power of the two banks, a<br />
stronger position on the market for clients and investors in the field of commercial real estate financing<br />
will be attained.<br />
Rating: Mortgage <strong>Pfandbrief</strong>e Public <strong>Pfandbrief</strong>e Long-term Liabilities<br />
Moody‘s Aaa Aaa A1<br />
Selected key figures*<br />
2010<br />
€ million<br />
2009<br />
€ million<br />
Total assets<br />
35,998<br />
34,050<br />
Mortgage loan portfolio<br />
11,456<br />
9,784<br />
Residential loans<br />
2,317<br />
2,507<br />
Commercial loans<br />
9,139<br />
7,227<br />
of which cross-border<br />
4,740<br />
4,364<br />
100<br />
Mortgage loan commitments<br />
Residential loans<br />
1,784<br />
125<br />
1,401<br />
201<br />
Commercial loans<br />
1,659<br />
1,198<br />
of which cross-border<br />
653<br />
498<br />
Public-sector loan portfolio<br />
22,299<br />
22,085<br />
of which cross-border<br />
10,443<br />
10,119<br />
Public-sector loan commitments<br />
2,429<br />
2,766<br />
of which cross-border<br />
1,115<br />
763<br />
Total funds outstanding (registered and bearer bonds)<br />
28,504<br />
24,652<br />
Mortgage <strong>Pfandbrief</strong>e<br />
6,576<br />
5,291<br />
Public <strong>Pfandbrief</strong>e<br />
15,576<br />
16,135<br />
Unsecured bonds<br />
6,352<br />
3,226<br />
Jumbo issues outstanding<br />
5,250<br />
6,000<br />
Refinancing funds raised<br />
6,471<br />
4,852<br />
Mortgage <strong>Pfandbrief</strong>e<br />
1,694<br />
826<br />
Public <strong>Pfandbrief</strong>e<br />
1,693<br />
2,308<br />
Unsecured bonds<br />
1,494<br />
1,422<br />
Promissory notes<br />
1,590<br />
297<br />
Own funds as shown in the balance sheet – total –<br />
1,395<br />
1,005<br />
Core capital (without net income)<br />
914<br />
654<br />
Profit-sharing capital<br />
98<br />
98<br />
Subordinated liabilities<br />
383<br />
253<br />
Net interest income<br />
173<br />
118<br />
Administrative expenditure<br />
69<br />
57<br />
Provisions for risks<br />
79<br />
70<br />
Operating result after provisions for risks<br />
45<br />
-29<br />
Income for the year<br />
32<br />
-32<br />
* <strong>The</strong> annual accounts as of 31 December 2010 (including figures for the business year 2009) have been prepared according to HGB.<br />
Presence in electronic media: Reuters: DHHB01; Bloomberg HHY<br />
Contacts:<br />
Dirk Schönfeld, Head of Treasury Tel.: + 49 511 3045-204 Dirk.Schönfeld@Deutsche-Hypo.de<br />
Jürgen Klebe, Deputy Head of Treasury Tel.: + 49 511 3045-202 Juergen.Klebe@Deutsche-Hypo.de<br />
Christian Fischer Tel.: + 49 511 3045-200 Christian.Fischer@Deutsche-Hypo.de<br />
Christian Gail Tel.: + 49 511 3045-234 Christian.Gail@Deutsche-Hypo.de<br />
Cristina Guilherme Tel.: + 49 511 3045-207 Cristina.Guilherme@Deutsche-Hypo.de<br />
Sascha Langeheine Tel.: + 49 511 3045-201 Sascha.Langeheine@Deutsche-Hypo.de<br />
Rico Noack Tel.: + 49 511 3045-237 Rico.Noack@Deutsche-Hypo.de<br />
Gudrun Pösger Tel.: + 49 511 3045-206 Gudrun.Poesger@Deutsche-Hypo.de<br />
Maren Tegtmeier Tel.: + 49 511 3045-203 Maren.Tegtmeier@Deutsche-Hypo.de