Letno poroÄilo 2007 - UniCredit Banka Slovenija dd

More documents

Recommendations

Info

Accounting ReportSummary of Accounting PoliciesThe Bank additionally provides short-term benefits to its employeessuch as contributions to retirement pension insurance andrecognises the costs of these contributions as incurred.Shareholders’ equityShareholders’ equity is composed of paid-in capital, i.e., capitalmade available to the company by the shareholders (basic equitycapital plus share premium), and retained earnings (fair value reservefor available-for-sale securities and cash flow hedges, reserves fromprofit, retained earnings and income from the current financial year.)Earnings per shareThe Bank presents earnings per share data for its ordinary (all)shares. Earning per share is calculated by dividing the Bank’s profitor loss by the average number of shares outstanding during theperiod.The Bank has no preference shares or convertible bonds therefore nodiluted earning per share is calculated.Financial commitments and contingenciesOff balance sheet commitments from guarantees, both financial andservice, represent irrevocable obligations that the Bank will makepayments in the event a customer cannot fulfill its obligations vis-àvisthird parties.A documentary letter of credit is an irrevocable undertaking of theissuing Bank acting at the request of a customer (buyer) to makepayment to the beneficiary (seller) or to pay or accept bills ofexchange drawn by the beneficiary against stipulated documents,provided all terms and conditions of the letter of credit are compliedwith. The documentary letters of credit are collateralised dependingon the creditworthiness of the customer and on the same basis asguarantees or loans.The primary purpose of unused credit facilities (loan commitments)is to ensure that funds are available to a customer as required.Commitments to grant loans issued by the Bank represent issuedloan commitments and the unused part of approved overdraft loans.The risk associated with off balance sheet financial commitmentsand contingent liabilities is assessed similarly as for loans tocustomers taking into account the financial position and activitiesof the entity to which the Bank issued the guarantee and taking intoaccount the collateral obtained.Interest Income and ExpenseInterest income and expense are recognised in the income statementusing the effective interest method. As long as the Bank did notapply program solution for recognizing fees for corporate loans usingeffective interest method, those fees are accrued linearly.When loans become impaired, they are written down to theirrecoverable amounts and interest income thereafter recognisedbased on the rate of interest that was used to discount the futurecash flows for the purpose of measuring the recoverable amount.Impairment losses on loans and receivablesThe Bank assesses at each reporting date whether there is anyindication that an asset may be impaired. If any such indicationexists, the Bank estimates the recoverable amount of the asset. Whenasset’s carrying amount exceeds its recoverable amount impairmentloss is recognised. Recoverable amount is present value of expectedcash flows, including amounts recoverable from guarantees andcollateral, discounted at the original effective interest rate of loanscomputed at initial recognition.Fee and Commission Income and ExpenseFees and commissions are in principle recognised on completion ofthe underlying.Derivative transaction fees are recognised based on the conditions ofthe underlying contracts.TaxationTaxes are calculated in accordance with the Corporate Income TaxRegulations. Generally, the taxable profit is based on the profitor loss recognised in the income statement prepared pursuant tothe IFRS. It is adjusted for tax purposes as follows from the taxregulations.Tax expense (tax income) comprises current tax expense (current taxincome) and deferred tax expense (deferred tax income).The tax rate of current corporate income tax is 23 % (in 2006,25 %), for deferred taxes 22 % (in 2006, 23 %) was used, which isthe corporate income tax in 2008.Deferred taxes are provided for temporary differences arising betweenthe tax bases of assets and liabilities and their carrying amount inthe balance sheet (Note 10 and 15).Deferred tax liabilities are the amounts of income taxes payable infuture periods in respect of taxable temporary differences.Deferred tax assets are the amounts of income taxes recoverable in160 2007 Annual Report · UniCredit Bank
future periods in respect of deductible temporary differences, thecarryforward of unused tax losses and the carryforward of unused taxcredits.The Bank is subject to various indirect operating taxes. These areincluded as a component of administrative expenses.Fiduciary activitiesAssets managed by the Bank in its capacity as a nominee, trustee oragent are not assets of the Bank and are accordingly not included inthese financial statements.Segment reportingThe Bank did not decide to disclose segment information as itsequity is not publicly traded and it is not in the process of issuingequity or debt securities in public securities markets. Additionally,the Bank’s segment information is part of consolidated financialstatements of Bank Austria Creditanstalt AG Vienna.Regulatory requirementsThe Bank is subject to the regulatory requirements of the Bank ofSlovenia. These regulations include limits and other restrictionspertaining to minimum capital adequacy requirements, theclassification of loans and off balance sheet commitments andprovisioning to cover credit risk, liquidity, interest rate and foreigncurrency position. As of 31 December 2007, the Bank was incompliance with all regulatory requirements.Related partiesRelated parties are those counter parties that represent: enterprisesthat directly, or indirectly through one or more intermediaries,control, or are controlled by, or are under common control by, thereporting enterprise; key management personnel, that is, thosepersons having the authority and responsibility for planning, directingand controlling the activities of the Group, including directors andofficers of the Bank and close members of the families of suchindividuals; and enterprises in which a substantial interest in thevoting power is owned directly or indirectly by any person describedabove or over which such a person is able to exercise a significantinfluence. This includes enterprises owned by directors or majorshareholders of the Bank and enterprises that have a member of keymanagement in common with the Bank.In considering each possible related-party relationship, attention isdirected to the substance of the relationship and not merely the legalform.UniCredit Bank · 2007 Annual Report 161
Page 3:
Izkušnja umetnostiLeto 2007 je bil
Page 6 and 7:
Predstavitev bankeNagovor predsedni
Page 8 and 9:
Page 10 and 11:
Page 12 and 13:
Predstavitev bankePredstavitev UniC
Page 14 and 15:
12 2007 Letno poroËilo · UniCredi
Page 16 and 17:
Predstavitev bankeDosežki in dogod
Page 19 and 20:
Poslovno poroËiloGospodarsko okolj
Page 21 and 22:
Poslovno poroËiloPoslanstvo, vizij
Page 23 and 24:
UniCredit Bank · 2007 Letno poroË
Page 25 and 26:
10080Prihodki5% 6%27% 30%tega posla
Page 27 and 28:
evrov) banka beleži tekoËe davke
Page 29 and 30:
Poslovanje bankena razliËnih segme
Page 31 and 32:
Pozitivni rezultati v letu 2007 so
Page 33 and 34:
krizo v ZDA, je enota trgovanja v l
Page 35 and 36:
Visoka stopnjaohranjanja strank9070
Page 37 and 38:
Obvladovanje poslovnih tveganjFinan
Page 39 and 40:
Indeks rasti števila uporabnikov /
Page 41 and 42:
Družbena odgovornostV UniCredit Ba
Page 43 and 44:
okolju in pri delovnih nalogah. Sre
Page 45:
kar vodi v hud konkurenËni boj, v
Page 48 and 49:
PoroËilo nadzornega svetaPoroËilo
Page 51 and 52:
PoroËilo neodvisnega revizorjaPoro
Page 53 and 54:
FinanËni kazalniki2007 2006 2005Bi
Page 55 and 56:
Izkaz poslovnega izidaZap.πtev.Vse
Page 57 and 58:
Izkaz finanËnega izidaOznaka Vsebi
Page 59 and 60:
Primerjalni zneskiZaradi zagotavlja
Page 61 and 62:
) Posojila in terjatvePosojila in t
Page 63 and 64:
neopredmetenih dolgoroËnih sredste
Page 65 and 66:
Odložene terjatve za davek so znes
Page 67 and 68:
Dolžniški vrednostni papirjiEUR 1
Page 69 and 70:
Neto izvedeni finanËni instrumenti
Page 71 and 72:
Pojasnilo 8:Opredmetena osnovna sre
Page 73 and 74:
Pojasnilo 11:Druga sredstvaEUR 1.00
Page 75 and 76:
2006EUR 1.000Zapravnonerešenetožb
Page 77 and 78:
Pojasnila k izkazu poslovnega izida
Page 79 and 80:
Pojasnilo 25:»isti dobiËki/izgube
Page 81 and 82:
Pojasnilo 30:Oslabitve finanËnih s
Page 83 and 84:
GarancijeEUR 1.000 2007 2006Stanje
Page 85 and 86:
Izkaz poslovnega izidaEUR 1.000 200
Page 87 and 88:
UniCredit Banka Slovenija d.d. pren
Page 89 and 90:
Basel II prviË vzpostavlja odnos m
Page 91 and 92:
BilanËne postavke v razliËnih val
Page 93 and 94:
Bilanca stanja po zapadlosti na dan
Page 95 and 96:
Kreditno zavarovanjeZ namenom zmanj
Page 97 and 98:
pozicije tveganja, ki presegajo dop
Page 99 and 100:
Obseg izvedenih finanËnih instrume
Page 101 and 102:
Regulatorni kapital in stopnja kapi
Page 103 and 104:
The art experience2007 was a format
Page 105 and 106:
2007, performed under difficult mar
Page 107 and 108:
While analyzing the balance sheet,
Page 109 and 110:
We proved that ourBank carries a tr
Page 111 and 112: Governing BodiesSupervisory BoardNa
Page 113 and 114: Branch NetworkBRANCH LJUBLJANA BTC
Page 115: September 2007Interactive Web Site
Page 118 and 119: Business ReportEconomic Environment
Page 120 and 121: Business ReportMission, Vision and
Page 122 and 123: Business ReportFinancial ResultsIn
Page 124 and 125: Business ReportFinancial ResultsSta
Page 126 and 127: Business ReportFinancial ResultsLia
Page 128 and 129: Business ReportBank’s Segment Per
Page 136 and 137: Business ReportManaging Business Ri
Page 138 and 139: Business ReportManaging Business Ri
Page 140 and 141: Business ReportSocial Responsibilit
Page 142 and 143: Business ReportSocial Responsibilit
Page 145 and 146: Report from the Supervisory BoardRe
Page 147: Statement of ResponsibilityStatemen
Page 150 and 151: Accounting ReportAccounting ReportF
Page 152 and 153: Accounting ReportBalance SheetPosit
Page 154 and 155: Accounting ReportStatement of Chang
Page 156 and 157: Accounting ReportSummary of Account
Page 164 and 165: Accounting ReportNotes on the Finan
Page 184 and 185: Risk ReportRisk ReportOverall Risk
Page 186 and 187: Risk ReportRisk ReportUniCredit Ban
Page 188 and 189: Risk ReportRisk ReportBalance sheet
Page 190 and 191: Risk ReportRisk ReportLiquidity Ris
Page 192 and 193: Risk ReportRisk ReportCredit RiskCr
Page 194 and 195: Risk ReportRisk ReportOperational R
Page 196 and 197: Risk ReportRisk ReportTotal volume
Page 198 and 199: Risk ReportRisk ReportFair Value of
Page 201: Graphic development and Composition
show all

Letno poroÄilo 2007 - UniCredit Banka Slovenija dd

Create successful ePaper yourself

Delete template?

Save as template?

Letno poroÄilo 2007 - UniCredit Banka Slovenija dd