ANNUAL REPORT 2006 - DG Hyp
ANNUAL REPORT 2006 - DG Hyp
ANNUAL REPORT 2006 - DG Hyp
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CONTENTS<br />
Letter from the Management Board 2<br />
Special Feature Residential Real Estate Finance in Germany:<br />
New opportunities in a changing market 4<br />
<strong>DG</strong> HYP – a Member of the DZ BANK Group 12<br />
Management Report Economic Environment and Strategic Development 14<br />
Residential Real Estate Finance 17<br />
Commercial Real Estate Finance 20<br />
Credit Treasury 24<br />
Local Authority Lending and Public Finance 27<br />
Refinancing 28<br />
Key Strategic Shareholdings 30<br />
Financial Situation and Results of Operations 31<br />
Risk Report 34<br />
Our Staff 42<br />
Outlook 44<br />
Financial Statements Balance Sheet 49<br />
Profit and Loss Account 55<br />
Notes to the Financial Statements 61<br />
General Notes 61<br />
Notes to the Balance Sheet 63<br />
Notes to the Profit and Loss Account 75<br />
Cash Flow Statement 76<br />
Coverage 77<br />
Other Information on the Annual Financial Statements 83<br />
Auditor Opinion 87<br />
Report of the Supervisory Board 88<br />
Corporate Bodies and Committees; Executives<br />
Supervisory Board 90<br />
Management Board, Department Heads 91<br />
Trustees, Advisory Council 92<br />
<strong>DG</strong> HYP Offices 94<br />
Deutsche Genossenschafts-<strong>Hyp</strong>othekenbank AG | Annual Report <strong>2006</strong><br />
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