Prospectus - Notowania

Factoring S.r.o. (€ 10 million), HVB Banca Pentru Locuinte (€ 8 million) and
Weilburg Grundstuck M.B.H. (€ 4 million).
As at December 31, 2007, income relating to companies subject to significant
influence included revaluations on companies valued with the equity method totalling
€ 206 million. Contributions to this amount came mainly from CreditRas Vita (€ 43
million), Oberbank (€ 30 million), Osterreichische Kontroll Bank (€ 30 million), Bank
fur Tirol und Voralberg (€ 25 million), Aviva (€ 19 million) and BKS Bank (€ 19
million). The income from sale of companies subject to significant influence on the
whole amounted to € 41 million and included, inter alia, those from the sale of Giro-
Bank Kartya (€ 11 million), Anica System (€ 5 million), Adria Bank (€ 4 million),
Aviso (€ 3 million) Synesis (€ 2 million) and Optima Financial Services (€ 2 million).
Write-downs due to impairment of companies subject to significant influence on the
whole amounted to € 15 million and included, inter alia, those relative to HVB Banca
Pentru Locuinte (€ 8 million ) and Internasyonal Turizm (€ 4 million).
As at December 31, 2006, income relating to companies subject to significant
influence included revaluations on companies valued with the equity method totalling
€ 230 million. Contributions to this total came mainly from Consortium (€ 51
million), CreditRas Vita (€ 38 million), Aviva (€ 13 million), CreditRas Assicurazioni
(€ 5 million), Synesis (€ 7 million), Oberbank (€ 31 million), Osterreichische Kontroll
Bank (€ 16 million), Bank fur Tirol und Voralberg (€ 22 million) and BKS Bank (€ 14
million). The income from sale of companies subject to significant influence on the
whole amounted to € 100 million and included, inter alia, those from the sale of Cassa
di Risparmio di Fossano (€ 20 million), Cassa di Risparmio di Saluzzo (€ 26 million),
Cassa di Risparmio di Bra (€ 19 million), Banca Cassa di Risparmio di Savigliano (€
13 million), Pirelli Pekao Real Estate (€ 4 million), Modus (€ 3 million) and Iniziative
Urbane (€ 3 million). Write-downs due to impairment of companies subject to
significant influence included an adjustment of € 30 million relating to Ramius, an
associate of HVB.
Income Statement Data as at December 31, 2006, 2007 and 2008 per business
segment
The key income statement data are shown below, broken down by business segment
on the basis of the reclassified income statement, as shown in section D of the
consolidated financial statements of the different reference financial years. It should
be pointed out that certain interim results may differ from the results in the accounts;
in order to check said differences, reference should be made to the reconciliation
between the financial statements and reclassified financial statements shown at the
end of this Chapter.
For the purposes of comparison, with reference to the financial year ended at
December 31, 2007, the following tables contain reconstructed data, i.e. include the
Capitalia group for the entire year despite the business combination being completed
on October 1, 2007. In this regard, it should be noted that, for comparative purposes,
the consolidated financial statements as at December 31, 2008 present a reclassified
income statement as at December 31, 2007 in the notes to the financial statements,
inclusive of the Capitalia group for the entire year despite the business combination
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