The Pfandbrief 2011 | 2012
The Pfandbrief 2011 | 2012
The Pfandbrief 2011 | 2012
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Berlin-Hannoversche Hypothekenbank AG<br />
Budapester Strasse 1<br />
10787 Berlin<br />
Telephone: +49 30 2599-90<br />
Telefax: +49 30 2599-9131<br />
Internet: www.berlinhyp.de<br />
Shareholder:<br />
Landesbank Berlin AG (100 %)<br />
Public-sector cover pool<br />
Dec. 31, 2010<br />
€ million in %<br />
Dec. 31, 2009<br />
€ million<br />
Nominal volume 1)<br />
9,157<br />
100<br />
14,464<br />
by ratings 2)<br />
AAA/Aaa/AAA<br />
4,316<br />
47.1<br />
5,184<br />
AA/Aa/AA<br />
4,057<br />
44.3<br />
6,430<br />
A/A/A<br />
164<br />
1.8<br />
574<br />
BBB/Baa/BBB<br />
0<br />
0.0<br />
228<br />
BB/Ba/BB<br />
209<br />
2.3<br />
0<br />
without rating<br />
411<br />
4.5<br />
648<br />
by borrowers<br />
German Federal Government<br />
102<br />
1.1<br />
102<br />
Federal states (Länder)<br />
5,302<br />
57.9<br />
7,072<br />
Local authorities<br />
27<br />
0.3<br />
63<br />
Public-sector financial institutions<br />
1,748<br />
19.1<br />
3,513<br />
Others<br />
922<br />
10.1<br />
2,236<br />
Other countries<br />
1,056<br />
11.5<br />
1,478<br />
of which: EU<br />
801<br />
8.8<br />
1,229<br />
non-EU<br />
255<br />
2.8<br />
249<br />
by weighting<br />
0 %<br />
- - -<br />
- - -<br />
10 %<br />
- - -<br />
- - -<br />
20 %<br />
- - -<br />
- - -<br />
of which further cover assets 3)<br />
Over-collateralization nominal<br />
nominal<br />
1,313<br />
1,235<br />
13.4<br />
1,590<br />
1,621<br />
89<br />
net present value<br />
1,141<br />
11.4<br />
1,542<br />
risk adjusted net present value 4)<br />
993<br />
9.4<br />
1,397<br />
1)<br />
without “further cover assets” pursuant to § 20, par. 2 PfandBG<br />
2)<br />
in case of split ratings, the inferior credit rating prevails<br />
3)<br />
pursuant to § 20, par. 2 PfandBG<br />
4)<br />
according to § 28, par. 1, S. 1 PfandBG – the lowest risk-adjusted value of over-collateralization<br />
Mortgage cover pool<br />
Dec. 31, 2010<br />
€ million in %<br />
Dec. 31, 2009<br />
€ million<br />
Nominal volume 1)<br />
10,653<br />
100<br />
10,177<br />
by property types<br />
residential<br />
2,690<br />
25.2<br />
2,774<br />
commercial<br />
7,963<br />
74.8<br />
7,403<br />
by number of cover loans<br />
residential<br />
6,319<br />
80.6<br />
7,079<br />
commercial<br />
1,525<br />
19.4<br />
1,296<br />
by average loan size (actual balance) 2)<br />
up to € 0.3 million<br />
364<br />
3.4<br />
432<br />
from more than € 0.3 million up to € 5.0 million<br />
3,067<br />
28.8<br />
3,332<br />
over € 5.0 million<br />
7,222<br />
67.8<br />
6,413<br />
by regional distribution<br />
Germany West<br />
4,217<br />
39.6<br />
4,172<br />
Germany East<br />
1,513<br />
14.2<br />
1,509<br />
Berlin<br />
3,190<br />
29.9<br />
3,449<br />
Other countries<br />
1,733<br />
16.3<br />
1,047<br />
of which: UK<br />
320<br />
18.5<br />
234<br />
France<br />
544<br />
31.4<br />
323<br />
Spain<br />
4<br />
0.2<br />
4<br />
Benelux countries<br />
335<br />
19.3<br />
188<br />
Scandinavia<br />
6<br />
0.3<br />
5<br />
others<br />
524<br />
30.2<br />
293<br />
Further cover assets 3)<br />
nominal<br />
2,114<br />
- - -<br />
644<br />
Over-collateralization<br />
nominal<br />
1,538<br />
13.7<br />
797<br />
net present value<br />
1,597<br />
13.6<br />
764<br />
risk adjusted net present value 4)<br />
1,201<br />
9.7<br />
578<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
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