el rescate financiero de la banca alemana

7/27/2019 El Rescate Financiero de la Banca Alemana

1/14

(million euro)EDP notification

Oct 2014

2007 2008 2009 2010 2011 2012 2013 2007 2008 2009 2010 2011 2012 2013 2007 2008 2009 2010 2011 2012 2013 2007 2008 2009 2010 2011 2012 2013

BE - -30,7 -33,0 249,8 450,2 -2.116,6 616,3 - 21.546,0 20.193,1 18.727,3 19.578,5 17.736,6 15.263,5 - 20.546,0 20.019,6 19.961,6 24.490,2 24.031,6 18.867,7 - 36.234,6 62.046,8 55.829,3 46.959,7 59.057,1 45.355,8

BG - - - - - - - - - - - - - - - - - - - - - - - - - - - -

CZ - - - - - - - - - - - - - - - - - - - - - - - - - - - -

DK - 0,6 162,1 562,1 -180,5 511,3 326,1 - 586,6 10.072,1 9.452,5 7.734,3 6.381,2 5.867,5 - 586,6 10.072,1 9.452,5 7.734,3 6.381,2 5.867,5 - - 7.148,8 27.169,5 22.369,6 9.471,8 1.270,5

DE - -3.071,5 -2.980,3 -33.004,4 187,8 -1.838,6 145,0 - 47.434,6 85.303 ,7 261.919 ,8 243.824 ,2 260.62 3,5 217.91 2,4 - 51.15 5,1 93 .3 01,1 305 .3 20,3 292 .0 81,3 29 1.955,2 24 7.465,4 - 66.300,0 159.030,0 82.801,0 61.931,0 49.466,0 38.060,0

EE - - - - - - - - - - - - - - - - - - - - - - - - - - - -

IE - - -3.767,0 -35.363,3 -5.731,7 1.603,1 306,0 - - 2 .311,3 -2.553,9 -6.337,6 -254,2 -581,7 - 110,1 6.176,8 38.203,4 45.567,8 46.669,6 48.467,6 - 3 52.329,0 281.176 ,0 156 .9 79,2 14 2.169,0 1 14.242 ,0 54.70 9,0

EL - - 373,0 960,0 633,0 -5.267,0 -18.966,0 - - 3.983,0 3.911,0 4.959,0 30.955,0 29.912,0 - -6,0 3.947,0 3.407,0 5.081,0 35.710,0 42.005,0 - 1.890,0 5.617,0 55.834,0 67.801,0 54.111,0 51.145,0

ES - -12,0 696,0 772,0 -3.516,0 -38.289,0 -4.897,0 - 9.337,0 19.335,0 25.918,0 19.200,0 9.824,0 6.981,0 - 9.337,0 19.335,0 25.918,0 24.337,0 54.029,0 56.008,0 - - 49.008,0 59.506,0 64.659,0 105.093,0 95.604,0FR - 48,0 1.356,0 995,0 601,0 -2.198,0 345,6 - 10.823,0 6.751,0 2.463,0 30,0 30,0 30,0 - 1 1.452,0 5.896,0 801,0 - 2.585,0 2.654,0 - 39.211,0 100.111,0 90.417,0 70.233,0 50.605,0 68.839,0

HR - - - - - - - - - - - - - - - - - - - - - - - - - - - -

IT - - -16,5 88,0 177,4 549,7 566,0 - - 4.050,0 4.050,0 2.600,0 2.600,0 4.071,0 - - 4.050,0 4.050,0 2.600,0 2.600,0 4.071,0 - - - - 43.715,0 85.679 ,0 81.67 9,0

CY - - 10,0 27,0 25,0 -40,5 -31,0 - - - - - 1 .796,1 - - - - - - 1.888,6 1.987,2 - - 2.229,0 2.962,0 2.769,0 1.000,0 1.000,0

LV - 2,1 -183,9 -401,7 -70,3 -101,5 33,1 - 958,9 938,2 1.250,2 825,9 570,5 416,1 - 956,7 1.120,7 1.769,8 1.456,5 1.363,8 1.312,7 - - 669,2 359,1 126,6 126,6 126,6

LT - - - -32,3 -1.162,1 -52,4 -244,9 - - - - 1,7 1,4 6,5 - - - 32,3 867,2 695,0 834,7 - - - - - - -

LU - -20,4 -68,7 51,8 59,3 29,3 -1,9 - 2.506,2 2.534,7 2.534,7 2.534,7 2.607,7 2.607,7 - 2.500,0 2.500,0 2.500,0 2.500,0 2.500,0 2.500,0 - 1.776,9 1.513,2 1.333,3 1.377,8 2.210,1 2.262,1

HU - - 4 ,3 7,4 9,8 0,8 - - - 1.758,0 995,3 498,9 - - - - 1.758,0 995,3 498,9 - - - - - - - - -

MT - - - - - - - - - - - - - - - - - - - - - - - - - - - -

NL - 73,0 -2.280,0 -1.201,0 -169,0 -204,0 -960,0 - 81.431,0 56.013,0 49.926,0 43.263,0 40.212,0 41.773,0 - 81.358,0 54.645,0 52.411,0 48.145,0 45.360,0 51.213,0 - 2.740,0 79.462,0 39.948,0 34.125,0 18.192,0 10.843,0

AT - 2,1 -2.715,4 -354,8 -315,3 -1.277,0 -1.459,0 - 900,0 23.274,8 22.115,8 19.294,8 15.393,6 11.200,8 - 900,1 26.069,2 25.564,2 24.024,0 21.072,5 18.639,5 - 7.000,0 16.550,6 15.630,0 10.048,4 6.383,6 3.156,0

PL - - - - - - - - - - - - - - - - - - - - - - - - - - - -

PT - 1,7 9,4 -2.224,7 -890,4 -1.014,6 -642,7 150,0 930,0 1.930,0 6.374,6 6.374,6 12.674,0 12.644,0 150,0 550,0 1.550,0 6.447,6 7.459,2 17.784,2 17.621,8 - 1.750,0 8.350,0 5.275,0 15.850,0 16.525,0 16.275,0

RO - - - - - - - - - - - - - - - - - - - - - - - - - - - -

SI - - 3,7 13,5 -236,9 -60,8 -3.668,1 - - 1.430,0 1.430,0 1.472,0 1.524,0 1.199,0 - - 1.426,3 1.412,8 1.691,7 1.804,5 5.147,6 - - 2.000,0 2.200,0 1.554,9 199,9 398,1

SK - - - - - - - - - - - - - - - - - - - - - - - - - - - -

FI - - - - - - - - - - - - - - - - - - - - - - 115,0 - - - - -

SE - -1,5 128,7 262,1 228,4 134,1 105,0 - 221,9 2.016,5 2.313,8 1.694,5 2.052,0 - - 221,9 547,2 625,7 629,5 653,7 - - 13.622,5 26.406,2 19.669,5 10.181,2 3.537,1 1.007,8UK 61,4 -5.587,2 -8.076,9 1.522,4 1.077,3 2.007,7 -1.227,0 - 6 2. 48 9, 2 1 05 .7 93 ,3 2 07 .3 59 ,9 1 58 .2 33 ,0 1 73 .1 17 ,3 1 57 .6 77 ,8 - 66.68 3,5 127 .4 73,3 206 .9 60,2 192 .9 36,7 18 5.302,0 16 3.585,2 3 6.721,9 32 5.007,9 620.685 ,7 424 .7 20,3 20 1.364,8 9.802,7 -

Euro area (EA18) - -3 .0 07,6 -9 .5 96,7 -6 9.392,9 - 8.795,9 -5 0.225,5 -2 8.613,7 150,0 1 75.866,6 2 28.047 ,7 3 98.066 ,4 357.619 ,1 396.292 ,8 343.42 8,8 15 0,0 178.85 9,1 240.03 6,7 487 .7 66,7 479 .4 33,7 549 .3 54,1 517 .9 60,6 - 5 09.346,5 767.762 ,8 569 .0 73,9 56 3.319,3 5 62.890 ,3 469.45 2,6EU28 6 1, 4 - 8.5 95 ,7 - 17 .3 78 ,4 - 67 .0 71 ,1 - 8. 82 3, 0 - 47 .6 24 ,0 - 29 .6 54 ,5 1 50 ,0 2 39 .1 64 ,3 3 47 .6 87 ,5 6 18 .1 87 ,9 5 25 .7 81 ,5 5 77 .8 44 ,7 5 06 .9 80 ,7 1 50 ,0 2 46 .3 51 ,0 3 79 .8 87 ,3 7 05 .8 32 ,7 6 82 .1 00 ,3 7 42 .3 86 ,0 6 88 .2 48 ,0 3 6. 72 1, 9 8 47 .9 76 ,9 1 .4 22 .0 03 ,5 1 .0 40 .6 33 ,2 7 97 .2 34 ,9 5 85 .7 01 ,8 4 71 .7 30 ,9

21/10/2014 10:54

Footnote:

The data are in euro. For those countries not belonging to the euro area, the rate of conversion into euro is as follows:

- for deficit / surplus and GDP data, the annual average exchange rate;

- for the stock of government debt, the end of year exchange rate.

1. This tablerelates to activities undertaken to support financialinstitutions. It does not includewider economic stimulus packages.

Exchange rate - average Exchange rate - end of year Exchange rate - end of year Exchange rate - end of year

Net revenue/cost for general government General governement assets General governement liabilities Contingent liabilities

Supplementary table for the financial crisis (1)


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Supplementary table for the financial crisis(1)

2013 Member State: Germany

Date: 14/10/2014See notes at the bottom of the table for definitions

Part 1 : Net revenue/cost for general government (impact on government deficit)Millions of national currency

A REVENUE (a+b+c+d) 7719

a) Guarantee fees receivable 1324

b) Interest receivable 5799

c) Dividends receivable 249

d) Other 348

B EXPENDITURE (e+f+g+h) 7574e) Interest payable (2) 5251

f) Capital injections recorded as deficit-increasing (capital transfer) 0

g) Calls on guarantees 0

h) Other 2324

C Net revenue/cost for general government (A-B) 145

Part 2 : Outstanding amount of assets, actual liabilities(4)

and contingent liabilities of general government

Outside general

governmentMillions of national currency ( 3 )

D Closing balance sheet 217912 247465 38060

a) Loans 12700

b) Debt securities(4) 55723

c) Equity and investment funds shares/ units 23617

d) Other assets and liabilities of general government entities (5) 181596 191742 19710

e) Liabilities and assets outside general government under guarantee (6) 18350f) Securities issued under liquidity schemes (7) x

g) Special purpose entities (8) x

2. Interest payable includes actual interest, where relevant, and imputed interest on financing (see explanatory note).

Country footnotes

Countries may add footnotes to explain their national data.

8. Special purpose entities included here are those where government has a significant role, including a guarantee, but which are classified outside the general government sector

(see the Eurostat Decision and accompanying guidance note for details). Their liabilities are recorded outside the general government sector (as contingent liabilities of general

government).

5. The row 'Other assets and liabilities of general government entities' can include the assests and liabilities of entities that have been reclassified into general government or the

assets and liabilities of newly established government defeasance structures. In this case care should be taken to avoid counting the debt effect of the rate of financing twice (see

explanatory note).

It can also contain assets and/or Maastricht Debt type of liabilities that do not fit on the other lines.In case the line is used a country footnote should be added with an explanation.

1. This table relates to activities undertaken to directly support financial institutions.It should not include support measures for non-financial institutions, financial institutions not

themselves in need of rescue interventions, or general economic support measures (for example, changes in social benefits or changes in t ax rates)

General government

Assets

(D=a+b+c+d)

Liabilities

(D=a+b+d)

Contingent liabilities

(D=e+f+g)

3. The appropriate valuation for all entries in part 2 is nominal value except for ordinary quoted shares which should be recorded at market value, ordinary unquoted shares which

should where possible be valued in line with ESA 2010 7.73-7.79 and debt securities held as assets where market value can be used provided an active market exists and the

market value can be reliably determined. In Council Regulation 479/2009, as amended, the nominal value is considered equivalent to the f ace value. The nominal valuation of

certain instruments, notably deposits and various types of bonds, is further specified in chapter VIII.2 of the ESA 2010 Manual on Government Deficit and Debt.

4. By convention, for the liabilities entry under "general government" (which is the impact on Maastricht Debt from activities to support financial institutions), it is assumed that there

is a direct impact on government debt from activities which imply a transfer of cash from government (e.g. transfer of cash relating to capital injections, loans granted, purchase of

financial assets), except for the impact from direct borrowing. In addition, imputed financing costs should be included.

6. Guarantees covered are those granted by general government to non-general government units. It does not include guarantees on bank deposits, or guarantees on the liabilities

of special purpose entities included below. It is only the value of active guarantees, not the announced ceilings for schemes. It also includes guarantees on assets, whereby

government would incur a liability in case of a call.

7. Liquidity schemes included here are those where the government securities used are not recorded as government debt (see the Eurostat Decision and accompanying guidance

note for details). By convention, they are recorded in part 2 as "contingent liabilities outside the general government", as for guarantees, though it should be noted that the

exposure of government is likely to be limited.


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1

The line d) "Other assets and liabilities of general government entities (5)" contains

bad banks (defeasance structures) classified inside general government. On the

liability side, the impact on Maastricht debt is reported. On the asset side liabilities not

included in the Maastricht debt delimitation (derivatives, other accounts receivable

and interest accrrued but not yet paid) are deducted for consitency purposes. In

general, impairments of assets (and possible revaluations) are accounted f or on the

asset side.

2

Liabilities (line b) "Debt securities (4)") also comprise indirect effects, including

transfers from core government entities to bad banks (classified inside general

government). While these transfers are consolidated within general government (i.e.

no impact on net lending/net borrowing), debt of bad banks are reduced, while ceteris

paribus debt of core government increases.


4/14









d) Other 840

B EXPENDITURE (e+f+g+h) 10525

e) Interest payable (2) 6177



h) Other 4333

C Net revenue/cost for general government (A-B) -1839



Outside general



a) Loans 12700




e) Liabilities and assets outside general government under guarantee (6) 19050

f) Securities issued under liquidity schemes (7) x



Country footnotes


General government

Assets

(D=a+b+c+d)

Liabilities

(D=a+b+d)


(D=e+f+g)



government).












explanatory note).

It can also contain assets and/or Maastricht Debt type of liabilities that do not fit on the other lines.

In case the line is used a country footnote should be added with an explanation.6. Guarantees covered are those granted by general government to non-general government units. It does not include guarantees on bank deposits, or guarantees on the liabilities







5/14

1







asset side.

2







6/14









d) Other 567





h) Other 2003

C Net revenue/cost for general government (A-B) 188



Outside general



a) Loans 12700





f) Securities issued under liquidity schemes (7) xg) Special purpose entities (8) x


Country footnotes


General government

Assets

(D=a+b+c+d)

Liabilities

(D=a+b+d)


(D=e+f+g)



government).












explanatory note).


In case the line is used a country footnote should be added with an explanation.6. Guarantees covered are those granted by general government to non-general government units. It does not include guarantees on bank deposits, or guarantees on the liabilities







7/14

1







asset side.

2







8/14









d) Other 97





h) Other 33043




Outside general



a) Loans 12700








Country footnotes


General government

Assets

(D=a+b+c+d)

Liabilities

(D=a+b+d)


(D=e+f+g)



government).












explanatory note).


In case the line is used a country footnote should be added with an explanation.

6. Guarantees covered are those granted by general government to non-general government units. It does not include guarantees on bank deposits, or guarantees on the liabilitiesof special purpose entities included below. It is only the value of active guarantees, not the announced ceilings for schemes. It also includes guarantees on assets, whereby






9/14

1







asset side.

2







10/14









d) Other 57





h) Other 189




Outside general



a) Loans 12700




e) Liabilities and assets outside general government under guarantee (6) x



Country footnotes


General government

Assets

(D=a+b+c+d)

Liabilities

(D=a+b+d)


(D=e+f+g)



government).












explanatory note).










11/14

1







asset side.

2







12/14









d) Other 462





h) Other 2569




Outside general



a) Loans







Country footnotes


General government

Assets

(D=a+b+c+d)

Liabilities

(D=a+b+d)


(D=e+f+g)



government).












explanatory note).










13/14

1







asset side.

2







14/14





A REVENUE (a+b+c+d) x

a) Guarantee fees receivable x

b) Interest receivable x

c) Dividends receivable x

d) Other x

B EXPENDITURE (e+f+g+h) x

e) Interest payable (2) x

f) Capital injections recorded as deficit-increasing (capital transfer) x

g) Calls on guarantees x

h) Other x

C Net revenue/cost for general government (A-B) x



Outside general


D Closing balance sheet x x x

a) Loans x x

b) Debt securities(4) x x

c) Equity and investment funds shares/ units x

d) Other assets and liabilities of general government entities (5) x x





Country footnotes


1...

2..

General government

Assets

(D=a+b+c+d)

Liabilities

(D=a+b+d)


(D=e+f+g)



government).












explanatory note).



6. Guarantees covered are those granted by general government to non-general government units. It does not include guarantees on bank deposits, or guarantees on the liabilitiesof special purpose entities included below. It is only the value of active guarantees, not the announced ceilings for schemes. It also includes guarantees on assets, whereby





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