inFormation on FinanCial instrUments

Consolidated interim FinanCial statements

4. seGment reportinG

6.7 inFormation on FinanCial instrUments

6.7.1 Classification of financial instruments by ias 39 categories

in teUr fa@fV/P&l

afs fair Value

Option l&r Non-fI assets

fair value not recognised in profit or loss

fair value recognised in

profit or loss amortised cost

Not within the scope of Ifrs 7

Carrying amount on

31 October 2014 31 October 2014fair value on trade and other receivables 0.0 0.0 106,328.0 1,030.9 107,358.9 107,358.9 trade accounts receivable 0.0 0.0 10,432.5 0.0 10,432.5 10,432.5 Other receivables 0.0 0.0 95,895.5 1,030.9 96,926.4 96,926.4 other financial assets 1.5 7,632.2 10,018.3 0.0 17,652.0 21,368.1

securities 1.5 0.0 0.0 0.0 1.5 1.5

Originated loans 0.0 7,632.2 10,018.3 0.0 17,650.5 21,366.6 Cash and cash equivalents 0.0 0.0 88,012.8 0.0 88,012.8 88,012.8 total assets 1.5 7,632.2 204,359.1 1,030.9 213,023.7 216,739.8

fl@fV/P&l fair Value

Option Hft flaC Non-fI lIaBIlItIes fair value recognised in profit or loss fair value recognised in

profit or loss amortised cost

Not within the scope of Ifrs 7

Carrying amount on

31 October 2014 31 October 2014fair value on liabilities from convertible bonds 0.0 0.0 249,083.2 0.0 249,083.2 253,226.9 Financial liabilities 735,964.6 0.0 1,012,750.1 0.0 1,748,714.7 1,764,809.7 amounts due to financial institutions 111,829.9 0.0 985,199.4 0.0 1,097,029.3 1,112,218.5 Other financial liabilities 624,134.7 0.0 27,550.7 0.0 651,685.4 652,591.2 trade and other liabilities 0.0 45,312.0 273,385.7 9,735.5 328,433.2 328,433.2 trade liabilities 0.0 0.0 24,220.6 0.0 24,220.6 24,220.6 Derivatives 0.0 45,312.0 0.0 0.0 45,312.0 45,312.0 Miscellaneous other liabilities 0.0 0.0 249,165.1 9,735.5 258,900.6 258,900.6 total liaBilities 735,964.6 45,312.0 1,535,219.0 9,735.5 2,326,231.1 2,346,469.8

aFs: available for sale Fa@FV/p&l: financial assets at fair value through profit or loss Fl@FV/p&l: financial liabilities at fair value through profit or loss HFt: held for trading l&r: loans and receivables Htm: held to maturity FlaC: financial liabilities measured at amortised cost non-Fi: non-financial assets/liabilities

Consolidated interim

FinanCial statements

Classification of financial instruments by ias 39 categories – previous year

in teUr fa@fV/P&l

afs fair Value

Option l&r Non-fI assets

fair value not recognised in profit or loss

fair value recognised in

profit or loss amortised cost

Not within the scope of Ifrs 7

Carrying amount on

30 april 2014 30 april 2014fair value on trade and other receivables 0,0 0,0 378.189,0 1.963,2 380.152,2 380.152,2 trade accounts receivable 0,0 0,0 7.921,0 0,0 7.921,0 7.921,0 Other receivables 0,0 0,0 370.268,0 1.963,2 372.231,2 372.231,2 other financial assets 46,7 8.332,8 8.698,5 0,0 17.078,0 23.171,2

securities 46,7 0,0 0,0 0,0 46,7 46,7

Originated loans 0,0 8.332,8 8.698,5 0,0 17.031,3 23.124,5 Cash and cash equivalents 0,0 0,0 132.947,4 0,0 132.947,4 132.947,4 total assets 46,7 8.332,8 519.834,9 1.963,2 530.177,6 536.270,8

fl@fV/P&l fair Value

Option Hft flaC Non-fI lIaBIlItIes fair value recognised in profit or loss fair value recognised in

profit or loss amortised cost

Not within the scope of Ifrs 7

Carrying amount on

30 april 2014 30 april 2014fair value on liabilities from convertible bonds 0.0 0.0 247,949.0 0.0 247,949.0 247,974.5 Financial liabilities 524,411.2 0.0 611,619.6 0.0 1,136,030.8 1,140,929.5 amounts due to financial institutions 106,603.3 0.0 584,347.2 0.0 690,950.5 696,828.8 Other financial liabilities 417,807.9 0.0 27,272.4 0.0 445,080.3 444,100.7 trade and other liabilities 0.0 27,867.6 226,711.0 6,053.3 260,631.9 260,631.9 trade liabilities 0.0 0.0 27,716.1 0.0 27,716.1 27,716.1 Derivatives 0.0 27,867.6 0.0 0.0 27,867.6 27,867.6 Miscellaneous other liabilities 0.0 0.0 198,994.9 6,053.3 205,048.2 205,048.2 total liaBilities 524,411.2 27,867.6 1,086,279.6 6,053.3 1,644,611.7 1,649,535.9

the fair values were determined on the basis of recognised valuation methods. additional information is provided in the consolidated financial statements as of 30 april 2014.

6.7.2 Fair value hierarchy of financial instruments

in teUr

31 october 2014 level 1 level 2 level 3 Total Financial assets available for sale

securities 0.0 0.0 1.5 1.5

Financial assets at fair value through profit or loss fair value option

Originated loans 0.0 0.0 7,632.2 7,632.2

Financial liabilities at fair value through profit or loss fair value option

amounts due to financial institutions 0.0 0.0 111,829.9 111,829.9 Other financial liabilities 0.0 0.0 624,134.7 624,134.7 Held for trading derivatives 0.0 0.0 45,312.0 45,312.0

Hierarchy of financial instruments carried at fair value – previous year

in teUr

30 april 2014 level 1 level 2 level 3 Total Financial assets available for sale

securities 0.0 0.0 46.7 46.7

Financial assets at fair value through profit or loss fair value option

Originated loans 0.0 0.0 8.332.8 8,332.8

Financial liabilities at fair value through profit or loss fair value option

amounts due to financial institutions 0.0 0.0 106,603.3 106,603.3 Other financial liabilities 0.0 0.0 417,807.9 417,807.9 Held for trading derivatives 0.0 0.0 27,867.6 27,867.6

the following table shows the reconciliation of the opening and closing balances on 31 October 2014 for the financial instruments classified under level 3.

reConCiliation oF tHe FinanCial instrUments ClassiFied Under leVel 3

in teUr

securities Originated loans Derivatives financial liabilities Balance on 1 may 2014 46.7 8,332.8 -27,867.6 -524,411.2 recognised in profit or loss 0.0 670.3 -17,444.5 -41,378.1 additions through business combinations 0.0 0.0 0.0 -176,416.4 additions/disposals -45.2 -1,370.9 0.1 6,241.1 Balance on 31 october 2014 1.5 7,632.2 -45,312.0 -735,964.6

a change in the market interest rate influences the valuation of interest rate derivatives and financial liabilities which are related to real estate subsidies and measured at fair value. Under the net present value procedures based on the DCf method, which are also used to value derivatives and financial liabilities, the market value is determined by discounting future cash flows using current interest rate curves. an increase in interest rates leads to a higher discount factor and thereby to a reduction in the negative present value of a derivative or financial liability. additional information is provided in the consolidated financial statements as of 30 april 2014.

Consolidated interim

FinanCial statements

the following table shows the market values and conditions of all derivative financial instruments purchased to hedge interest rate risk and held as of 31 October 2014:

deriVatiVes Variable element Market value as of 31 October 2014 in eUr reference value as of 31 October 2014

in eUr fixed interest rate in % Maturity interest rate of 0.5%–3%

Interest rate swap (HVB) 3-M-euribor -553,782 17,127,000 1.03 30.04.2021 Interest rate swap (HVB) 3-M-euribor -1,131,616 31,412,700 1.17 31.01.2023 Interest rate swap (Deka Bank) 3-M-euribor -207,777 3,840,000 1.39 31.12.2021 Interest rate swap (Deka Bank) 3-M-euribor -1,150,718 21,267,000 1.39 31.12.2021 Interest rate swap (lBB) 3-M-euribor -883,803 58,500,000 1.90 31.08.2015 Interest rate swap (HVB) 3-M-euribor -1,455,029 13,713,600 2.13 29.09.2023 Interest rate swap (Hypo steiermark) 6-M-euribor -2,620,080 22,500,000 2.50 31.12.2036 Interest rate swap (rlB NÖ-Wien) 6-M-euribor -3,534,656 28,260,000 2.51 30.11.2036 Interest rate swap (Bank austria) 6-M-euribor -2,958,983 23,550,000 2.51 30.11.2036 Interest rate swap (rlB NÖ-Wien) 6-M-euribor -3,656,705 28,260,000 2.54 30.11.2036 Interest rate swap (BaWaG) 6-M-euribor -1,665,182 12,375,000 2.85 31.12.2030 Interest rate swap (Hypo steiermark) 6-M-euribor -2,924,507 15,457,000 2.99 30.03.2039 number of derivatives: 12 -22,742,839 276,262,300

interest rate of 3%-4.5%

Interest rate swap (Hypo steiermark) 6-M-euribor -1,479,749 8,067,000 3.01 30.09.2039 Interest rate swap (Hypo steiermark) 6-M-euribor -4,243,782 25,464,000 3.09 30.09.2031 Interest rate swap (rlB NÖ-Wien) 6-M-euribor -8,199,132 48,525,000 3.11 30.09.2031 Interest rate swap (rlB NÖ-Wien) 6-M-euribor -4,509,436 26,689,000 3.11 30.09.2031 Interest rate swap (Bank austria) 6-M-euribor -34,609 1,339,000 3.22 30.09.2015 Interest rate swap (Bank austria) 6-M-euribor -23,629 4,823,000 3.26 30.12.2014 Interest rate swap (Bank austria) 6-M-euribor -93,895 3,289,000 3.37 30.09.2015 number of derivatives: 7 -18,584,231 118,196,000

interest rate above 4.5%

Interest rate swap (Hypothekenbank frankfurt) 3-M-euribor -3,984,931 25,690,000 4.58 30.06.2018 number of derivatives: 1 -3,984,931 25,690,000

total derivatives: 20 -45,312,000 420,148,300 2.51

the following discount rates were used to value financial liabilities:

disCoUnt rates in % 31 October 2014 Up to 30 april 2016 1.523% Up to 30 april 2017 1.564% Up to 30 april 2019 1.688% Up to 30 april 2021 1.904% Up to 30 april 2023 2.165% Up to 31 October 2025 2.413% Up to 30 april 2032 3.074% as of 1 May 2032 3.279% 30 april 2014

In document REPORT ON THE. - 52,467 standing investment units distributed almost equally between Austria and Germany, total floor area of 3. (Page 68-72)