UBI Banca Group

- Lending ..................................................................................................................................... 26*
- Operations on the interbank market .......................................................................................... 28*
▪ Financial assets ................................................................................................................ 31*
▪ Equity and capital adequacy ............................................................................................. 39*
▪ Relations with Group member companies .......................................................................... 41*
▪ Research & Development ................................................................................................... 41*
▪ The system of internal control ........................................................................................... 41*
▪ Transactions with related parties ................................................................................................ 42*
▪ Share performance and shareholder structure ................................................................... 44*
- Share performance .................................................................................................................... 44*
- Report on corporate governance and the ownership structure .................................................... 44*
- Treasury shares ......................................................................................................................... 46*
- Report on the admission of new registered shareholders ............................................................. 46*
- Report on mutual objects ........................................................................................................... 48*
- De jure and delegated powers of the corporate bodies ................................................................. 50*
▪ Other information ............................................................................................................. 51*
- Litigation ................................................................................................................................... 51*
- Legislation on the protection of personal data ............................................................................ 52*
▪ Principal risks and uncertainties to which UBI Banca is exposed ....................................... 52*
▪ Subsequent events and the business outlook .................................................................... 52*
▪ Proposal to replenish the loss for the year and to declare a dividend .................................. 53*
STATEMENT OF THE CHIEF EXECUTIVE OFFICER AND OF THE SENIOR OFFICER
RESPONSIBLE FOR PREPARING THE COMPANY ACCOUNTING DOCUMENTS ................................ 55*
INDEPENDENT AUDITORS’ REPORT .......................................................................................... 58*
SEPARATE FINANCIAL STATEMENTS ........................................................................................ 62*
▪ Balance sheet .................................................................................................................... 63*
▪ Income statement .............................................................................................................. 64*
▪ Statement of comprehensive income .................................................................................. 65*
▪ Statement of changes in equity .......................................................................................... 66*
▪ Statement of cash flows. .................................................................................................... 68*
NOTES TO THE ACCOUNTS ...................................................................................................... 70*
▪ Part A – Accounting policies .............................................................................................. 71*
▪ Part B – Notes to the balance sheet ................................................................................... 105*
▪ Part C – Notes to the income statement ............................................................................. 163*
▪ Part D – Comprehensive income ........................................................................................ 186*
▪ Part E – Information on risks and the relative hedging policies .......................................... 188*
▪ Part F – Information on equity ........................................................................................... 269*
▪ Part G – Business combination transactions concerning companies or lines of business .... 276*
▪ Part H – Transactions with related parties ......................................................................... 277*
▪ Part I – Share based payments .......................................................................................... 285*
▪ Part L – Segment Reporting ............................................................................................... 286*
ATTACHMENTS TO THE SEPARATE FINANCIAL STATEMENTS .................................................... 288*
▪ List of real estate properties .............................................................................................. 289*
▪ Convertible bonds ............................................................................................................. 294*
▪ List of significant equity investments held in unlisted companies as at 31 st December 2011
in compliance with Art. 126 of Consob Resolution No. 11971/1999 ................................... 295*
▪ Disclosures concerning the fees of the independent auditors and services other than
auditing in compliance with Art. 149 duodecies ..................................................................... 300*
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