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(76) Assets and liabilities in foreign currency
The euro equivalent of the aggregate amount of assets denominated in foreign currency as at the
reporting date amounted to 13,380 million (2007: 9,716 million); the euro equivalent of aggregate
liabilities denominated in foreign currency amounted to 13,354 million (2007: 9,687 million).
Amounts in material foreign currencies can be broken down into the following amounts:
31 Dec 2008 31 Dec 2007
Euro mn
Foreign currency assets
USD 6,858 2,861
GBP 2,519 2,547
Foreign currency liabilities
USD 6,847 2,849
GBP 2,511 2,546
(77) Subordinated assets
In the event of insolvency or liquidation of the issuer, subordinated assets are those subordinate to the
claims of all other creditors.
The following table gives an overview of subordinated assets of the Aareal Bank Group:
31 Dec 2008 31 Dec 2007
Euro mn
Loans and advances to banks 3
Loans and advances to customers 3 80
Total 3 83
(78) Leases
The Aareal Bank Group acts both as lessor and lessee. The rental contracts are primarily classified as
operating leases.
(F) Other Explanatory Notes
180 Aareal Bank Group Annual Report 2008 | Consolidated Financial Statements | Notes
