Landesbank Baden-Württemberg
Landesbank Baden-Württemberg: LBBW expecting full replenishment of its profit participation certificates and silent partners’ contributions
Landesbank Baden-Württemberg / Key word(s): Final Results 15.03.2012 08:17 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Based on the preliminary figures in its unconsolidated financial statements prepared in accordance with HGB (German Commercial Code), Landesbank Baden-Württemberg (LBBW) achieved a net profit after taxes of approximately EUR 400 million in 2011. As a result of this positive HGB result, it expects to be able to replenish the profit participation certificates and silent partners' contributions in full. As replenishment has a higher priority, it is likely that no distribution will be made on the profit participation certificates and silent partners' contributions for 2011. Adjustments of these figures with a corresponding effect on the replenishment of the profit participation certificates and silent partners' contributions may still occur between the end of the reporting period and the date that the financial statements are authorised for issue by end of April 2012. Accordingly, a binding statement on replenishment and/or servicing of these instruments cannot be made until after the balance sheet has been approved at the end of April. As forecast, LBBW also expects its IFRS consolidated financial statements to show a profit, although this will be substantially lower than the one recorded in the unconsolidated HGB financial statements due to the strong influence of sovereign risks. Contact: Marcus Recher Am Hauptbahnhof 2 70173 Stuttgart +49 711 127-41610 marcus.recher@lbbw.de 15.03.2012 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: Landesbank Baden-Württemberg Am Hauptbahnhof 2 70173 Stuttgart Germany Phone: 0711-127-73372 Fax: 0711-127-73004 E-mail: armin.brendle@lbbw.de Internet: www.lbbw.de ISIN: DE0005456131, DE0005456131 Genussschein Ausgabe 2, Stuttgart Geregelter Markt, DE0008065095 Genussschein Ausgabe 1, Stuttgart Geregelter Markt, DE0002978657 Genußschein Ausgabe A. 1, Frankfurt Regulierter Markt , DE0002978673 Genußschein Ausgabe A. 2, Frankfurt Regulierter Markt , DE0002978715 Genußschein Ausgabe A. 3, Frankfurt Regulierter Markt , DE000LB0ALR4 Genußschein Reihe 1, Umtausch 812584;0, Stuttgart Regulierter Markt WKN: 545613, 545613, 806509 , 297865, 297867, 297871, LB0ALR Listed: Regulierter Markt in Frankfurt (General Standard), Stuttgart; Freiverkehr in Berlin, Düsseldorf, Hamburg Informationen zu weiteren Finanzinstrumenten entnehmen Sie bitte den folgenden Webseiten:, , 1. Deutsche Website:, www.LBBW.de/Investor Relations/IR-Veröffentlichungen/Ad-hoc-Mitteilungen, Zugehöriger Link:, http://www.lbbw.de/lbbwde/1000002776-de.html, , 2. Englische Website:, www.LBBW.com/Investor Relations/IR Releases/Ad-hoc Releases, Zugehöriger Link:, http://www.lbbw.de/lbbwde/1000002776-en.html End of Announcement DGAP News-Service ---------------------------------------------------------------------------
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