Prospectus - Notowania

185
>> Condensed Consolidated Financial Statements
Part E) – Information on risks and related risk management policies
The following table gives Group’s exposure to these instruments, which is limited, viz. 1.08% of total financial instruments.
Structured credit product exposures broken down by type of financial assets portfolio (€ thousand)
Financial assets held for
trading
Financial assets measured at
Fair Value
Loans and receivables
Balance sheet exposure as at
Financial assets held to
maturity
Financial assets available for
sale
31.12.2008
Total Total
Balance sheet amount 524,156 120,366 8,347,807 157,586 299,750 9,449,665 12,021,653
% IAS portfolio 0.36% 0.83% 1.26% 1.12% 0.86% 1.08% 1.25%
30.9.2009
A breakdown of the Group’s gross and net exposure to structured credit products
Structured credit product exposures (€ thousand)
Exposure type
Gross exposure
(nominal amount)
Amounts as at 30.9.2009
Net exposure
(carrying amount)
31.12.2008
Net exposure
(carrying amount)
RMBS 4,127,099 3,909,417 4,485,457
CMBS 1,741,540 1,569,162 1,689,688
CDO 880,032 515,950 849,709
CLO/CBO 1,868,948 1,420,215 1,766,325
ABS others 1,727,748 1,512,587 2,174,291
Loans 522,334 522,334 1,056,183
Total 10,867,701 9,449,665 12,021,653
Cash exposure, as mentioned, consists almost entirely of asset backed securities amounting to € 8,927,331 thousand mainly
held in the Global ABS portfolio in the books of the CIB and UniCredit Bank Ireland.
Following tables reports, respectively for ABS, loans and guarantees, the exposure amount together with their seniority.
The tables do not show the ABSs originated by UniCredit securitizations, whether synthetic or traditional. These are shown in
the table given in the ‘Group as Originator’ section above.