The Pfandbrief 2011 | 2012
The Pfandbrief 2011 | 2012
The Pfandbrief 2011 | 2012
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
Hamburger Sparkasse AG, also known as Haspa, is the leading retail bank for private, individual and<br />
corporate SME clients from the Hamburg metropolitan area. Its balance sheet total of approximately<br />
€ 38.2 billion make it Germany’s largest savings bank. It offers a wide range of financial services to<br />
private and corporate clients in the greater Hamburg economic area which comprises of more than<br />
3 million inhabitants.<br />
In order to provide for an adequate refinancing of our mortgage business, Haspa permanently issues<br />
mortgage covered bonds on the capital market since April 2006. We mainly issue plain vanilla and<br />
structured registered mortgage covered bonds to our well known institutional clients.<br />
Rating:<br />
Moody‘s<br />
Mortgage <strong>Pfandbrief</strong>e<br />
Aaa<br />
Selected key figures<br />
2010<br />
€ million<br />
2009<br />
€ million<br />
118<br />
Total assets<br />
Mortgage loan portfolio 1)<br />
Public-sector loan portfolio 2)<br />
Total funds outstanding 3) (registered and bearer bonds)<br />
Mortgage <strong>Pfandbrief</strong>e<br />
Public <strong>Pfandbrief</strong>e<br />
Unsecured bonds<br />
Promissory notes<br />
Jumbo issues outstanding<br />
Refinancing funds raised<br />
Mortgage <strong>Pfandbrief</strong>e<br />
Public <strong>Pfandbrief</strong>e<br />
Unsecured bonds<br />
Promissory notes<br />
Own funds as shown in the balance sheet – total –<br />
Core capital (without net income)<br />
Profit-sharing capital<br />
Subordinated liabilities<br />
Net interest income<br />
Administrative expenditure<br />
Operating result before provisions for risks<br />
Provisions for risks<br />
Operating result after provisions for risks<br />
Income for the year<br />
38,233<br />
10,375<br />
205<br />
9,736<br />
2,617<br />
0<br />
2,919<br />
4,200<br />
–<br />
1,454<br />
930<br />
0<br />
463<br />
61<br />
1,967<br />
1,597<br />
0<br />
370<br />
770<br />
661<br />
308<br />
139<br />
168<br />
79<br />
37,514<br />
9,625<br />
340<br />
9,529<br />
1,681<br />
0<br />
3,032<br />
4,828<br />
–<br />
2,792<br />
539<br />
0<br />
2,237<br />
16<br />
1,967<br />
1,597<br />
0<br />
370<br />
711<br />
655<br />
296<br />
185<br />
108<br />
60<br />
1)<br />
balance sheet position ”secured by mortgages“<br />
2)<br />
balance sheet position ”public-sector loans“ = loans to domestic and cross-border public-sector entities<br />
3)<br />
savings banks certificates not included
Change language