NORD/LB Group Annual Report 2009
Die norddeutsche Art. Stability – the best link to the future Annual Report 2009 NORD/LB Annual Report 2009 Erweiterter Konzernvorstand (extended Group Managing Board) left to right: Dr. Johannes-Jörg Riegler, Harry Rosenbaum, Dr. Jürgen Allerkamp, Dr. Gunter Dunkel, Christoph Schulz, Dr. Stephan-Andreas Kaulvers, Dr. Hinrich Holm, Eckhard Forst These are our figures 1 Jan.–31 Dec. 1 Jan.–31 Dec. Change 2009 2008 (in %) In € million Net interest income 1,366 1,462 – 7 Loan loss provisions – 1,042 – 266 > 100 Net commission income 177 180 – 2 ProÞ t/loss from Þ nancial instruments at fair value through proÞ t or loss including hedge accounting 589 – 308 > 100 Other operating proÞ t/loss 144 96 50 Administrative expenses 986 898 10 ProÞ t/loss from Þ nancial assets – 140 – 250 44 ProÞ t/loss from investments accounted – 200 6 > 100 for using the equity method Earnings before taxes – 92 22 > 100 Income taxes 49 – 129 > 100 Consolidated proÞ t – 141 151 > 100 Key Þ gures in % Cost-Income-Ratio (CIR) 47.5 62.5 Return on Equity (RoE) – 2.7 – 31 Dec. 31 Dec. Change 2009 2008 (in %) Balance Þ gures in € million Total assets 238,688 244,329 – 2 Customer deposits 61,306 61,998 – 1 Customer loans 112,083 112,172 – Equity 5,842 5,695 3 Regulatory key Þ gures (acc. to BIZ) Core capital in € million 8,051 7,235 11 Regulatory equity in € million 8,976 8,999 – Risk-weighted assets in € million 92,575 89,825 3 BIZ total capital ratio in % 9.7 10.0 BIZ core capital ratio in % 8.7 8.1 NORD/LB ratings (long-term / short-term / individual) Moody’s Aa2 / P-1 / C – Standard & Poor’s A– / A-2 / – Fitch Ratings A / F1 / C / D Our holdings Our subsidiaries and holding companies are an important element of our corporate strategy.
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