Prospectus - Notowania

10.3. Indication of the financial requirements of the Group structure
In relation to the UniCredit Group’s financial requirements, the figures relative to the
developments in direct deposits and loans are shown below.
( in millions €) Change %
Deposits 09.30.2009 12.31.2008 12.31.2007 12.31.2006 2008/2009 2007/2008 2006/2007
Total direct deposits 590,104 591,290 630,239 495,255 -0.2% -6.2% 27.3%
Total loans 565,457 612,480 575,062 441,320 -7.7% 6.5% 30.3%
Deposit / loan ratio 104.36% 96.54% 109.59% 112.22% 8.1% -11.9% -2.3%
The direct deposits / loan ratio stood at 112.2% at the end of 2006 and 109.6% at the end of
2007, evidence of balanced and increasing growth in the two totals. As at December 31, 2008,
the ratio stood at 96.5%, as a result of greater use of the bank debt illustrated above and linked
to economic trends during the year. As at September 30, 2009, the ratio returned to levels close
to those recorded before 2008.
An analysis of the Group’s financial resources, with particular emphasis on the deposit
structure, was described previously in this Chapter, Paragraph 10.1.
10.4. Information regarding any limits on the use of financial resources which had, or
could have, directly or indirectly, significant repercussions on the Issuer’s activities
As at the date of the Prospectus, there were no forms of limitation on the use of the Group’s
financial resources.
10.5. Information regarding the expected sources of financing necessary to fulfil
commitments relating to the main future investments of the Group and existing or
future tangible fixed assets
Self-financing, the capital instruments traditionally used by the Group and described in this
Chapter, together with the financial resources obtained from the share capital increase as per
the Prospectus, future issues of hybrid capital instruments and subordinated liabilities, represent
the main sources of financing.
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