Prospectus - Notowania

Section 4 – Subsequent Events
No events that would have necessitated adjustments to the results given in the Consolidated Interim Report as at September
30, 2009 have occurred.
As noted in greater detail in the Interim Report on Operations, we however report that:
� Effective October 28, 2009 Bank Privat and Asset Management GmbH, wholly owned by Bank Austria, have been
absorbed by Bank Austra.
� In October 2009, having received the necessary authorisations from the regulators, HVB acquired 100% of
NewSmith Capital Partners for a total price of around €60 million.
Section 5 – Other Matters
In the first nine months of 2009 the following principles and accounting interpretations became effective:
- IAS 1: Presentation of Financial Statements (transposed into EC regulation 1274/2008);
- IAS 23: Borrowing costs (EC regulation 1260/2008);
- Amendments to IAS 32: Financial Instruments – Disclosure and Presentation and to IAS1: Presentation of Financial
Statements – Puttable Financial Instruments and Obligations Arising on Liquidation (EC regulation 53/2009);
- Amendments to IFRS 1: First-time Adoption of International Financial Reporting Standards and to IAS 27:
Consolidated and Separate Financial Statements – Cost of an Investment in a Subsidiary, Jointly-Controlled Entità
or Associate (EC regulation 69/2009);
- Amendments to IFRS 2: Share-Based Payment (EC regulation 1261/2008);
- IFRS 8: Operating Segments (EC regulation 1358/2007);
- IFRIC 13: Customer Loyalty Programmes (EC regulation 1262/2008);
- IFRIC 14: The limit of a Defined Benefit Asset, Minimum Funding Requirements and their Interaction (EC regulation
1263/2008).
- Amendments to IAS 39 and IFRS 7: Reclassification of Financial Assets – Effective Date and Transition (Reg. CE
824/2009).
For information on the adoption of the Comprehensive Income Statement under the revised IAS 1 Presentation of financial
statements please see Section 2 above – Preparation Criteria. The coming into force of IFRS 8 “Operating Segments” has not
had any effect on Segment Reporting (Part D of the Notes to the Accounts), since the criteria underlying the preparation of
the financial disclosure, which were determined by the replaced IAS 14, are the same as those used for reporting provided to
the chief operating decision maker, as required by the new Standard. The coming into force of the other mentioned standards
or interpretations has not affected the consolidated balance sheet or income statement.
The European Commission also transposed some accounting principles which have become effective after September 30,
2009, for which the Group did not avail itself of the possibility to implement them in advance:
- Improvements to IFRSs (EC regulation 70/2009);
- IAS 27: Consolidated and Separate Financial Statements (EC regulation 494/2009);
- Amendments to IAS 39: Financial Instruments – Recognition and Measurements - Eligible Hedged Items(EC
regulation 839/2009);
- IFRS 3: Business Combinations (EC regulation 495/2009);
- IFRIC 12: Service Concession Arrangements (EC regulation 254/2009);
- IFRIC 15: Agreement for the Construction of Real Estate (EC regulation 636/2009);
- IFRIC 16: Hedges of a Net Investment in a Foreign Operation (EC regulation 460/2009);
The required changes are under examination. We do not in any case believe that these standards will have any significant
impact on our income statement or balance sheet.
As at September 30, 2009 the IASB had issued or reviewed the following accounting principles:
CONSOLIDATED INTERIM REPORT
AS AT SEPTEMBER 30, 2009
134