Prospectus - Notowania

this Chapter refer to these changes. In general, the changes in question refer to the effects
deriving from integration with the HVB Group, carried out in 2005, the merger with the
Capitalia Group and the expansion of the Group, specifically in Central and Eastern European
countries. In particular:
• 2006
• 2007
• 2008
• 2009
- Disposal of Splitska Banka, Uniriscossioni, 2S Banca and Banque Monegasque de
Gestion.
- Merger of Capitalia into UniCredit.
- Acquisition, through foreign subsidiaries, of Planethome AG, Wealth Management
Capital Holding GMBH, Aton Group, and ATF Group.
- Disposal of Indexchange, HVB Payments & Services GMBH, LocatRent, and FMS
Bank.
- Acquisition of the Ukrsotsbank Group.
- The 46 minor companies already controlled in 2007 but not consolidated (25 from
the HVB Group and 21 from the BA Group) enter the Group. Their weight on the
total consolidated assets is insignificant.
- Exit of the Bank BPH Group (following the integration of certain operations into
the Pekao Group), the Czech bank Hypostavebni Sporitelna AS, as well as Fimit
and Communication Valley, part of the former Capitalia Group.
- Changes in the scope of consolidation that occurred between December 2008 and
September 2009 refer to thirteen newly included companies in the Bank Austria
sub-group, ten in the HVB sub-group (including Redstone Mortgages Plc) and an
additional two companies whose overall weight on total consolidated assets is
insignificant.
The financial information reported below must be read in conjunction with that reported in
Chapters 10 and 20 of the Prospectus.
In light of the above, it is noted that the comparability of the data set forth below could be
limited, as it is influenced by the economic, equity and financial effects of the operations
described above and, in particular, by the merger with the Capitalia Group, carried out on
October 1, 2007. To this end, for comparative purposes, the Notes to the Consolidated
Financial Statements as at December 31, 2008 include a reclassified income statement as at
December 31, 2007 comprising the Capitalia Group for the entire year, despite the fact that the
aggregation was completed on October 1, 2007.
9.1. Financial Situation
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