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

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1.4. In addition to the above mentioned contracts, in the accounting period of <strong>2004</strong><br />

Živnostenská banka made interbank, derivatives and other business deals contracts<br />

under standard market conditions.<br />

1.5. No contracts between Živnostenská banka and other interconnected persons were made<br />

in the accounting period of <strong>2004</strong>.<br />

2. Payments provided by Živnostenská banka to interconnected persons and<br />

considerations:<br />

The Board of Directors declares that between Živnostenská banka and its interconnected<br />

persons all payments and considerations were provided within the scope of ordinary trade<br />

relations, or under standard business conditions.<br />

3. Other legal actions made by Živnostenská banka in the interest of interconnected<br />

persons:<br />

The Board of Directors of Živnostenská banka, a.s. declares that in the accounting period of<br />

<strong>2004</strong> Živnostenská banka did not execute any other legal actions in the interest of<br />

interconnected persons which are beyond the scope of common legal actions within the scope<br />

of ordinary trade relations or usual legal actions executed by Živnostenská banka within the<br />

standard exercise of rights of UCI as the majority shareholder of Živnostenská banka or<br />

within the standard exercise of rights of Živnostenská banka as the sole shareholder of ŽB-<br />

Trust, investment company (Živnostenská banka was a sole shareholder of ŽB-Trust,<br />

investment company by 7 January <strong>2004</strong>).<br />

4. Other measures taken or implemented by Živnostenská banka in the interest or based<br />

on initiative of interconnected persons, their advantages and disadvantages:<br />

The Board of Directors of Živnostenská banka declares that in the accounting period of <strong>2004</strong><br />

Živnostenská banka did not take or implement, in the interest or based on initiative of<br />

interconnected persons any measures beyond the scope of ordinary trade relations or off the<br />

standard exercise of rights of UCI as the majority shareholder of Živnostenská banka or<br />

within the standard exercise of rights of Živnostenská banka as the sole shareholder of ŽB-<br />

Trust, investment company (Živnostenská banka was a sole shareholder of ŽB-Trust,<br />

investment company until 7 January <strong>2004</strong>).<br />

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