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

The following table indicates the contractual amounts of the Group’s off-balance sheet
financial instruments that commit the Group to extend credit to customers.
Credit commitments 31 December 2004 31 December 2003
CZK m
CZK m
Original term to maturity of one year or less 6 300 5 054
Original term to maturity of more than one year 6 140 6 593
12 440 11 647
Guarantees, acceptances and letters of credit 1 893 1 460
Operating lease commitments. The future minimum lease payments for buildings entered
into by the Group are as follows:
Year 31 December 2004 31 December 2003
CZK m
CZK m
Within 1 year 67 49
2 years 64 43
3 years 63 37
4 years 62 36
5 years 36 33
Later than five years 18 35
Assets held in custody and depository
310 233
The Group acts as depository for certain mutual, investment and pension funds. The aggregate
net asset value of these funds at 31 December 2004 was CZK 39 777 million (31 December
2003: CZK 24 983 million). The amount of assets under management and under custody at
31 December 2004 is CZK 41 305 million (31 December 2003: CZK 10 461 million).
Management considers that no present obligations were associated with these fiduciary duties at
31 December 2004.
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