Annual report 2004 (PDF, 4141 kB) - Unicredit Bank

Items are sorted by type of products and include both due from/to banks and due from/to
customers.
No provisions have been recognised in respect of loans or other amounts due from related
parties.
A listing of the members of the Board of Directors and directors is shown in the annual report.
In 2004 the total remuneration of the Board of Directors and the Supervisory Board was CZK
24 million (31 December 2003: CZK 31 million). This amount consisted solely of short-term
benefits.
Related party transactions including foreign exchange trading, intermediation of sale
and purchase of certificates of deposits and shares have been carried out on an arm’s length
basis.
The Bank has granted loans to its directors, management and their related parties. These
transactions were made in the ordinary course of business on substantially the same terms and
conditions, including interest rates, as those prevailing at the same time for comparable
transactions with other customers, and did not, in the opinion of management, involve more
than normal credit risk or present other unfavourable features.
35 SUBSEQUENT EVENTS
The management of the Group considers that there were no events, which have occurred
subsequent to the year-end, which would have a material impact on the financial statements of
the Group as at 31 December 2004.
Date
16. March 2005
Signature of the statutory representative
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