Financial Express (Holdings) Limited (“we”, “our”, “us” and derivatives) are committed to protecting and respecting your privacy. This Privacy Policy, together with our Terms of Use, sets out the basis on which any personal data that we collect from you, or that you provide to us, will be processed by us relating to your use of any of the below websites (“sites”).


For the purposes of the Data Protection Act 1998, the data controller is Trustnet Limited of 2nd Floor, Golden House, 30 Great Pulteney Street, London, W1F 9NN. Our nominated representative for the purpose of this Act is Kirsty Witter.


We collect information about you when you register with us or use any of our websites / services. Part of the registration process may include entering personal details & details of your investments.

We may collect information about your computer, including where available your operating system, browser version, domain name and IP address and details of the website that you came from, in order to improve this site.

You confirm that all information you supply is accurate.


In order to provide personalised services to and analyse site traffic, we may use a cookie file which is stored on your browser or the hard drive of your computer. Some of the cookies we use are essential for the sites to operate and may be used to deliver you different content, depending on the type of investor you are.

You can block cookies by activating the setting on your browser which allows you to refuse the setting of all or some cookies. However, if you use your browser settings to block all cookies (including essential cookies) you may not be able to access all or part of our sites. Unless you have adjusted your browser setting so that it will refuse cookies, our system will issue cookies as soon as you visit our sites.


We store and use information you provide as follows:

  • to present content effectively;
  • to provide you with information, products or services that you request from us or which may interest you, tailored to your specific interests, where you have consented to be contacted for such purposes;
  • to carry out our obligations arising from any contracts between you and us;
  • to enable you to participate in interactive features of our service, when you choose to do so;
  • to notify you about changes to our service;
  • to improve our content by tracking group information that describes the habits, usage, patterns and demographics of our customers.

We may also send you emails to provide information and keep you up to date with developments on our sites. It is our policy to have instructions on how to unsubscribe so that you will not receive any future e-mails. You can change your e-mail address at any time.

In order to provide support on the usage of our tools, our support team need access to all information provided in relation to the tool.

We will not disclose your name, email address or postal address or any data that could identify you to any third party without first receiving your permission.

However, you agree that we may disclose to any regulatory authority to which we are subject and to any investment exchange on which we may deal or to its related clearing house (or to investigators, inspectors or agents appointed by them), or to any person empowered to require such information by or under any legal enactment, any information they may request or require relating to you, or if relevant, any of your clients.

You agree that we may pass on information obtained under Money Laundering legislation as we consider necessary to comply with reporting requirements under such legislation.


We want to ensure that the personal information we hold about you is accurate and up to date. You may ask us to correct or remove information that is inaccurate.

You have the right under data protection legislation to access information held about you. If you wish to receive a copy of any personal information we hold, please write to us at 3rd Floor, Hollywood House, Church Street East, Woking, GU21 6HJ. Any access request may be subject to a fee of £10 to meet our costs in providing you with details of the information we hold about you.


The data that we collect from you may be transferred to, and stored at, a destination outside the European Economic Area (“EEA”). It may be processed by staff operating outside the EEA who work for us or for one of our suppliers. Such staff may be engaged in, amongst other things, the provision of support services. By submitting your personal data, you agree to this transfer, storing and processing. We will take all steps reasonably necessary, including the use of encryption, to ensure that your data is treated securely and in accordance with this privacy policy.

Unfortunately, the transmission of information via the internet is not completely secure. Although we will do our best to protect your personal data, we cannot guarantee the security of your data transmitted to our sites; any transmission is at your own risk. You will not hold us responsible for any breach of security unless we have been negligent or in wilful default.


Any changes we make to our privacy policy in the future will be posted on this page and, where appropriate, notified to you by e-mail.


Our sites contain links to other websites. If you follow a link to any of these websites, please note that these websites have their own privacy policies and that we do not accept any responsibility or liability for these policies. Please check these policies before you submit any personal data to these websites.


If you want more information or have any questions or comments relating to our privacy policy please email [email protected] in the first instance.

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Komercni Banka (KMCA)

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Friday 03 August, 2007

Komercni Banka

Interim Results

Komercni Banka
03 August 2007

Komercni banka, a.s.
Prague 1, Na Prikope 33, building identification number 969, Post Code 114 07
Identification No.: 45 31 70 54
incorporated in the Commercial Register maintained with the Municipal Court in
section B, insert 1360

Pursuant to Prague Stock Exchange Rules part III subsection 8(7)(b) and Act 256/
2004 (Czech) Coll. subsections 120(1)(e) and 120(4) Komercni banka, a.s.
discloses finanacial results as at 30 June 2007:

Consolidated Balance Sheet of Komercni banka, a.s. according to International
Financial Reporting Standards

(in CZK mil.)

Assets                                                                                30 June 2007         30 June 2006
Cash and currents balances with national banks                                              12 108               11 694
Amounts due from banks                                                                     227 200              215 494
Financial assets at fair value through profit or loss                                       18 955               10 707
Positive fair value of financial derivative transactions                                     8 315                8 730
Loans and advances to customers, net                                                       274 574              209 394
Securities available for sale                                                               75 483               36 857
Investments held to maturity                                                                 3 360                3 361
Prepayments, accrued income and other assets                                                 3 050                3 867
Income taxes receivable                                                                        109                  741
Deferred tax asset                                                                           1 054                  167
Assets held for sale                                                                           604                  772
Investment property                                                                            219                  231
Goodwill                                                                                     3 551                  163
Intangible fixed assets, net                                                                 2 650                2 190
Tangible fixed assets, net                                                                   7 667                7 348
Investments in associates and subsidiaries                                                       0                    0
Investments in associates and unconsolidated subsidiaries                                      448                1 116
Total assets                                                                               639 347              512 832

Liabilities                                                                           30 June 2007         30 June 2006
Amounts due to banks                                                                        24 708               23 914
Amounts due to customers                                                                   507 414              396 992
of which: Amounts due to customers of PF KB                                                 21 123               17 286
Negative fair value of financial derivative transactions                                     8 610                5 433
Securities issued                                                                           26 077               21 902
Accruals and other liabilities                                                              19 732               19 132
Provisions                                                                                   2 303                2 291
Income taxes payable                                                                            11                    0
Deferred tax liability                                                                           3                    0
Subordinated debt                                                                            6 002                    0
Total liabilities                                                                          594 860              469 664
Shareholders' equity
Share capital                                                                               19 005               19 005
Share premium and reserves                                                                  24 891               24 152
Minority interest                                                                              591                   11
Total shareholders' equity                                                                  44 487               43 168
Total liabilities and shareholders' equity                                                 639 347              512 832

Consolidated Profit and Loss Statement of Komercni banka, a.s. according to
International Financial Reporting Standards

(in CZK mil.)

Profit and Loss Account                                                                    30 June 2007    30 June 2006
Interest income                                                                                  15 695          12 100
Interest expense                                                                                 -6 773          -4 246
Net interest income                                                                               8 922           7 854
Net fees and commissions                                                                          4 561           4 321
Net profit / (loss) on financial operations                                                         854             732
Dividends and other income                                                                           70              37
Net banking income                                                                               14 407          12 944
Personnel expenses                                                                               -2 944          -2 466
General administrative expenses                                                                  -2 877          -2 607
Depreciation, impairment and disposal of fixed assets                                              -739            -794
Total operating expenses                                                                         -6 560          -5 867
Profit / (loss) attributable to exclusion of subsidiaries from consolidation                          0               0
Income from sale and share of associated undertakings                                                29             136
Net operating income                                                                              7 876           7 213
Provision for loan losses                                                                          -791            -617
Provision for losses on securities                                                                    0               0
Provision for other risks expenses                                                                  -25            -228
Cost of risk                                                                                       -816            -845
Net profit / (loss) from subsidiaries and associates                                                  0               0
Share of profit of pension scheme beneficiaries                                                    -288            -193
Profit/(loss) before income taxes                                                                 6 772           6 175
Income taxes                                                                                     -1 483          -1 360
Profit/(loss) for the period before minority interest                                             5 289           4 815
Profit attributable to the Bank's equity holders                                                  5 278           4 828
Minority profit / (loss)                                                                             11             -13

Presentation of 2Q 2007 results is available at the Web site of Komercni banka,
a.s.: .

                      This information is provided by RNS
            The company news service from the London Stock Exchange                                                                                                                                                                         

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