Kommunal Kredit

Infra Banking Experts
Austria´s Bank for Infrastructure

Press Archive 2010

Click here to download the press releases of Kommunalkredit of the year 2010.

30.08.2010 - Mid Year Result of Kommunalkredit Austria AG

Kommunalkredit: Successful first half of the year after restructuring

  • Positive operating result of EUR 14.7 million according to Austrian Commercial Code
  • Surplus for the period of EUR 7.5 million according to Austrian Commercial Code, after appropriations to general risk provisions of EUR 4.5 million
  • IFRS pre-tax surplus for the period of EUR 2.2 million
  • Tier-1 ratio of 15.6 %
  • Volume of new business totalling EUR 422.1 million – satisfactory development of municipal and infrastructure-related core business

20.04.2010 - Preliminary Results for the year of Kommunalkredit Austria AG

Kommunalkredit: Successfully re-positioned after restructuring

  • Positive development in municipal and infrastructure-related core business
  • Preliminary consolidated IFRS after-tax result amounts to EUR 2.9 million
  • Preliminary after-tax result for the year under Austrian GAAP amounts to EUR 5.3 million
  • Due to the demerger, the above results do not reflect the full financial year, but six months under Austrian GAAP and one month under IFRS
  • EUR 250 million capital increase from owners in the course of demerger • No continuing public-sector support

Contact

Marcus Mayer
Corporate Communications
Phone: +43 (0)1/31 6 31-593
Fax: +43 (0)1/31 6 31-503

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