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Facts and Figures

In 2009, Rentenbank continued to strongly expand its promotional activities. Total assets declined to € 75.8 billion (HGB), despite further growth of the promotional lending volume. As Rentenbank grants its loans principally via other banks, loans and advances to banks are of significant importance in the balance sheet.

Rentenbank's Key Figures:

In accordance with German Commercial Code (HGB)

 

 
     
Balance sheet in € billion (extract)

 2009

 2008

Total assets

75.8

87.9

Loans and advances to banks

46.4

53.3

Debt securities and other fixed-income securities

28.1

27.7

Liabilities to banks

 4.3

 11.0

Securitized liabilities

61.6

 68.9

     
Total capital in € million

3 125.7

 3 047.2

     
Income statement in € million (extract)

 

 

Net interest income

423.4

392.0

Administrative expenses

 75.0

42.8

Operating result before risk provisioning and valuation adjustments

 347.4

349.6

Risk provisioning and valuation adjaustments

 302.4

306.6

Net income for the year

 45.0

43.0

     
Net profit

 11.3

10.8

     
Cost-income-ratio in %

17.8

10.9

Total capital ratio (SolvV) in %

23.8

19.1

     
Employees

218

211

     
     
In accordance with International Financial Reporting Standards (IFRS)    
     
Consolidated balance sheet in € billion (extract)

 2009

 2008

Total assets

77.8

90.1

Loans and advances to banks

45.8

52.8

Financial investments

27.9

27.5

Liabilities to banks

3.7

10.5

Securitized liabilities

60.3

66.6

     
Consolidated income statement in € million (extract) 

 

 

Net interest income before provision for loan losses/promotional contribution

381.0

350.7

Provision for loan losses/promotional contribution

40.4

58.2

Administrative expenses

47.1

42.4

Operating result before profit and loss from fair value measurement and hedge accounting

291.8

202.3

Result from fair value measurement and from hedge accounting

-369.7

261.7

Changes in the revaluation reserve

267.3

-396.9

Group´s total comprehensive income

190.4

66.5

     
Group's net profit

 11.3

 10.8



The three most important rating agencies have affirmed Rentenbank's triple-A rating:

  Long-term Rating Short-term Rating
Moody's Investors Service Aaa P-1
Standard & Poor's AAA A-1+
Fitch Ratings AAA F1+




Further contributions


See also: