The Pfandbrief 2011 | 2012
The Pfandbrief 2011 | 2012
The Pfandbrief 2011 | 2012
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Aareal Bank AG<br />
Paulinenstrasse 15<br />
65189 Wiesbaden<br />
Telephone: +49 611 348-0<br />
Telefax: +49 611 348-2549<br />
Internet: www.aareal-bank.com<br />
Shareholders:<br />
Aareal Holding Verwaltungsgesellschaft mbH, 28.9 %<br />
– 6.9 % Bayerische Beamten Lebensversicherung a.G.<br />
– 6.9 % Swiss Life AG<br />
– 5.2 % Versorgungsanstalt des Bundes und der Länder<br />
– 4.7 % Dr. August Oetker KG<br />
– 2,7 % Deutscher Ring Lebensversicherungs-AG und<br />
Deutscher Ring Sachversicherungs-AG<br />
– 1.4 % Deutscher Ring Krankenversicherungsverein a.G.<br />
– 1.1 % Condor Lebensversicherungs-AG<br />
Free float (remainder)<br />
Public-sector cover pool<br />
Dec. 31, 2010<br />
€ million in%<br />
Dec. 31, 2009<br />
€ million<br />
3,179<br />
Nominal volume 1)<br />
3,375 100<br />
risk adjusted net present value 3) 263<br />
219<br />
by ratings (Fitch)<br />
AAA<br />
AA<br />
A<br />
BBB<br />
without rating (Fitch)<br />
by borrowers<br />
1,302<br />
224<br />
50<br />
25<br />
1,774<br />
37<br />
7<br />
2<br />
1<br />
53<br />
2,389<br />
239<br />
8<br />
0<br />
543<br />
German Federal Government<br />
Federal states (Länder)<br />
Local authorities<br />
Public-sector financial institutions<br />
Others<br />
Other countries<br />
of which: EU<br />
non-EU<br />
by weighting<br />
202<br />
1,990<br />
0<br />
269<br />
31<br />
883<br />
813<br />
70<br />
6<br />
59<br />
0<br />
8<br />
1<br />
26<br />
24<br />
2<br />
113<br />
2,024<br />
0<br />
196<br />
32<br />
814<br />
744<br />
70<br />
0 %<br />
10 %<br />
20 %<br />
3,014<br />
0<br />
361<br />
89<br />
0<br />
11<br />
2,847<br />
0<br />
332<br />
Further cover assets 2)<br />
Over-collateralization<br />
nominal<br />
nominal<br />
net present value<br />
0<br />
365<br />
316<br />
0<br />
368<br />
357<br />
1)<br />
without “further cover assets” pursuant to § 20, par. 2 PfandBG<br />
2)<br />
pursuant to § 20, par. 2 PfandBG<br />
3)<br />
according to § 28, par. 1, S. 1 PfandBG – the lowest risk-adjusted value of over-collateralization<br />
85<br />
Mortgage cover pool<br />
Dec. 31, 2010<br />
€ million in %<br />
Dec. 31, 2009<br />
€ million<br />
Nominal volume 1)<br />
by property types<br />
residential<br />
commercial<br />
by number of cover loans<br />
residential<br />
commercial<br />
by average loan size (actual balance) 2)<br />
up to € 0.3 million<br />
from more than € 0.3 million up to € 5.0 million<br />
over € 5.0 million<br />
by regional distribution<br />
Germany West<br />
Germany East<br />
Berlin<br />
Other countries<br />
of which: UK<br />
France<br />
Spain<br />
Benelux countries<br />
Scandinavia<br />
others<br />
Further cover assets 3) nominal<br />
Over-collateralization nominal<br />
net present value<br />
risk adjusted net present value 4)<br />
1)<br />
without “further cover assets” pursuant to § 19, par. 1 PfandBG<br />
2)<br />
pursuant to § 28 par. 2 no. 1 a) PfandBG – total amount per tranche<br />
3)<br />
pursuant to § 19, par. 1 PfandBG<br />
4)<br />
according to § 28, par. 1, S. 1 PfandBG – the lowest risk-adjusted value of over-collateralization<br />
8,489<br />
1,004<br />
7,485<br />
1,361<br />
600<br />
761<br />
15<br />
756<br />
7,718<br />
705<br />
427<br />
306<br />
7,051<br />
617<br />
773<br />
460<br />
802<br />
1,251<br />
3,148<br />
973<br />
1,267<br />
1,719<br />
1,505<br />
100<br />
12<br />
88<br />
100<br />
44<br />
56<br />
0<br />
9<br />
91<br />
8<br />
5<br />
4<br />
83<br />
7<br />
9<br />
5<br />
10<br />
15<br />
37<br />
8,150<br />
1,063<br />
7,087<br />
1,401<br />
618<br />
783<br />
14<br />
793<br />
7,343<br />
725<br />
462<br />
326<br />
6,637<br />
426<br />
725<br />
406<br />
671<br />
1,270<br />
3,139<br />
1,032<br />
1,813<br />
2,211<br />
1,948
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