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Os interesses difusos, coletivos e individuais homogêneos

In document LUIZ HENRIQUE SORMANI BARBUGIANI (página 127-135)

2. LEGITIMIDADE E REPRESENTATIVIDADE ADEQUADA NAS AÇÕES COLETIVAS PASSIVAS AÇÕES COLETIVAS PASSIVAS

2.1. Os interesses difusos, coletivos e individuais homogêneos

Within the Internal Capital Adequacy Assessment Process (ICAAP), in line with the proportionality principle defined in Pillar II of Basel II, the risk profile of the main companies of the Group is calculated analytically, while for small ones a synthetic approach (top down approach) is used.

Credit, market, operational, business, real estate and financial investment risks are measured quantitatively, using:

 economic capital and aggregation as an input for internal capital; and

 stress tests.

Internal Capital is the capital set aside as a buffer against the potential losses inherent in the Group‟s business activities and it takes into consideration all risk types identified by the Group as quantified in terms of Economic Capital in line with Pillar II requirements (credit, market, operational, business, financial investment and real estate risks, including the effects of diversification between risk types („interdiversification‟) and within each portfolio type („intradiversification‟) and a prudential cushion against the model risk and the variability of the economic cycle).

Internal Capital is calculated using the Bayesian Copula approach for aggregation with a one-year time horizon and 99.97% confidence level in line with the Group rating target. The distribution of correlation matrixes that represents the dependence structure between risks is achieved combining expert opinions with empirical correlation coefficient calculated relying on the time series of specific risk factors.

For control purposes, Internal Capital is calculated quarterly or ad hoc if needed; it is also projected for budgeting purposes.

The multi-dimensional nature of risk makes it necessary to supplement the measurement of economic capital with stress testing, not only in order to estimate losses in certain scenarios, but also to ascertain the impact of their determinants. Stress testing is carried out on both individual risk types and their aggregation, providing as output conditional losses and stressed economic capital. The combined stress test calculation covers the changes on the amount of the individual risk types and of the diversification benefit in crisis conditions.

The adequacy of the risk measurement methodologies supporting the ICAAP, including stress testing and risk aggregation, is checked by internal validation.

Under the corporate governance system, the Parent Company‟s Group Risk Management is responsible for the Group Economic and Internal Capital methodology development and their measurement at Group and divisional level, moreover the Parent is responsible to set and implement the Group related

processes.

The "Group Rules", after the approval, are sent to interested LEs for approval and implementation.

 perimeter definition and risk identification;

 risk profile measurement;

 risk appetite setting and capital allocation; and

 monitoring and reporting.

Capital adequacy is assessed considering the balance between the assumed risks, both Pillar I and Pillar II, and the available capital.

With respect to Pillar II, the relevant metric is the Risk Taking Capacity, which is the ratio between available capital (Available Financial Resources, AFR) and Internal Capital.

The Group defines the risk appetite5 as the variability in terms of results, both in short and long term, that Top Management is willing to accept to support a defined strategy.

The risk appetite framework is based on three dimensions:

 capital adequacy;

 profitability and risks;

 liquidity and funding;

it is approved by Board of Directors and is regularly monitored and reported, at least quarterly, to the relevant committees.

In addition, the Parent company is required to draft a yearly consolidated report on capital adequacy in accordance with Banca d‟Italia guidelines and including an overview of the main Group companies.

5 The main purpose is to ensure that the business develops within the risk tolerance set by the BoD in compliance with national and international regulations. The aim is not to prevent risk taking, but to pursue the execution of the Group‟s strategy according to the risk tolerance set by the BoD.

I

Reporting

The Group Risk Reporting Unit within the Group Risk Management department provides monthly and quarterly risk reports related to the Group asset quality whose main objectives are to analyze the key drivers and credit risk parameters (e.g. Exposure at Default – EAD, Expected Loss – EL, migrations, adjustments, coverage ratio, cost of risk, etc.), mainly from a Group‟s or a Regional perspective, and to offer a representation of all the aggregate risk faced by UniCredit group.

The reports produced also constitute a support tool to take managerial decisions in terms of risk management and mitigation.

Among all the reports produced by the Group Risk Reporting Unit, the ERM Report plays a strategic role in terms of portfolio asset quality monitoring. In fact, ERM report is mainly aimed at providing the most complete overview of main Group risks up to a significant level of detail, both in terms of type of risk (mainly credit risk, but also market, interest rate, investment, trading, liquidity and operational risk) and in terms of areas where these risks are originated (Italy, Germany, Austria, CEE and Poland).

The ERM Report, through the consolidation of the information regarding Group‟s risk exposures, provides a detailed representation in terms of:

credit risk – through analyses at Group and Regional levels on the composition of assets and on the general asset quality of the Group, with a focus on the impaired portfolio and the coverage ratio, the loan loss provisions and analyses of selected portfolios (such as, for example, Leasing, LPAC, Shipping and Real Estate) as well as analyses by industry and concentration limits;

liquidity risk - through analyses of the Group's ability to meet liquidity needs in the short, medium and long term even under distressed conditions (all the analyses are performed through the simulation of stress test scenarios), and to obtain/generate cash and finance on its own or through the access to financial markets;

market risk core banking book - through a study of the exposures and of key market risk indicators trends on the banking book, as well as the attendance of VAR limits in the financial markets arising from the Group's core investments portfolio;

market risk trading & non-core banking book - through the presentation of data (such as, for example, VAR, credit spreads, interest rates and exchange rates) related to the Group‟s trading book and non-core investment portfolio through stress test scenario analyses;

operational risk - through monthly analyses of operating losses generated by each Region, with details of losses over €1 million and corrective measures taken to prevent events with potential future losses. On a quarterly basis, values of regulatory capital with the Standardized approach (TSA) and the Advanced approach (AMA) are also presented.

Group Risk Reporting Unit has, in addition, the responsibility to ensure the congruence of risk definitions and metrics used, as well as to ensure the efficiency and effectiveness of all the reports produced in the Risk Management Competence Line, both at Parent Company and Legal Entity level.

During the first months of 2011, Group Risk Reporting unit concluded a homogenization activity of the definitions used for risk metrics, so that they are evenly shared and accepted by all Group Entities. In 2011, data quality and reporting processes consistently improved, also thanks to an intensive review of existing reports and data analysis considering the changed market environment. The aim of 2012, instead, is to consolidate the achievements of the past few years while constantly adapting the reporting activities to the needs of the Top Management and of Regulators in the light of the current

macro-economic scenario. The fine tuning phase and a further improvement of the reports produced are already ongoing and significant results have been achieved so far in terms of consistency and quality of the information provided.

I

Name of the bank to which the disclosure requirements apply

UniCredit S.p.A., Parent company of "UniCredit" banking group registered in the Register of Banking Groups.

Outline of the differences in the basis of consolidation for accounting and prudential purposes In this section of the Third Pillar the prudential scope of consolidation of the UniCredit group is disclosed.

It should be noted that the scope of consolidation is determined according to the prudential regulations and differs from the scope of the consolidated financial statements, determined under IAS/IFRS.

This situation can create mismatches between the data disclosed in this document and that included in the Consolidated Financial Statements.

These different treatments are disclosed in the lists of this section, which have the following characteristics:

1) Consolidated entities as at June 30, 2012

 banking, financial and instrumental companies directly or indirectly controlled by UniCredit S.p.A. to which the line-by-line consolidation method is applied;

 banking, financial and instrumental companies in which UniCredit S.p.A. holds, directly or indirectly, a 20% stake or more, when they are jointly controlled with other entities and/or according to agreements signed with them; to these subsidiaries the proportional consolidation method is applied;

 other banking and financial companies in which UniCredit S.p.A. holds, directly or indirectly, a 20% stake or more or anyway subject to significant influence, to which the equity method is applied;

 companies, other than banking, financial and instrumental companies, directly or indirectly controlled by UniCredit S.p.A., exclusively or jointly, or subject to significant influence, to which the equity method is applied.

2) Entities deducted from capital as at June 30, 2012

 insurance, banking and financial companies with a stake of more than 10% deducted from regulatory capital.

3) Entities added to risk-weighted assets as at June 30, 2012

 other equity investments classified under risk-weighted assets.

This disclosure, which refers to the consolidated data, does not include equity investments that individually are worth less than €1,000:

 n° 56 subsidiaries and joint ventures

 n° 16 associate companies

 n° 189 minority interests included in the available for sale (AFS) financial assets portfolio.

It should be noted that the investments in 195 subsidiaries were accounted for at cost (209 as at December 31, 2011), of which: (I) n° 19 belonging to the banking group (see Quantitative disclosure of Table 2); (II) n° 176 not belonging to the banking group (n° 190 as at December 31, 2011).

Basis of consolidation for accounting and prudential purposes Consolidated entities as at June 30, 2012

Company Name Type

Headquarter

Full Proportional At Equity (RWA) Full Proportional At Equity

UNICREDIT SPA BANKS ROME ITALY x x

AS UNICREDIT BANK, LATVIA BANKS RIGA LATVIA x x

BANK AUSTRIA REAL INVEST GMBH BANKS VIENNA AUSTRIA x x

BANK AUSTRIA REAL INVEST IMMOBILIEN-KAPITALANLAGE

GMBH BANKS VIENNA AUSTRIA x x

UNICREDIT BANK A.D. BANJA LUKA BANKS BANJA LUKA

BOSNIA AND

HERCEGOVINA x x

UNICREDIT BANK AG BANKS MUNICH GERMANY x x

UNICREDIT BANK AUSTRIA AG BANKS VIENNA AUSTRIA x x

UNICREDIT BANK CZECH REPUBLIC A.S. BANKS PRAHA CZECH REPUBLIC x x

UNICREDIT BANK D.D. BANKS MOSTAR

BOSNIA AND

At

ZAO UNICREDIT BANK BANKS MOSCOW RUSSIA x x

ACTIVE ASSET MANAGEMENT GMBH

FINANCIAL

COMPANIES GRUNWALD GERMANY x x

AI BETEILIGUNGS GMBH

FINANCIAL

COMPANIES VIENNA AUSTRIA x x

ALINT 458 GRUNDSTUCKVERWALTUNG GESELLSCHAFT M.B.H.

FINANCIAL

COMPANIES BAD HOMBURG GERMANY x x

ALLEGRO LEASING GESELLSCHAFT M.B.H.

FINANCIAL

COMPANIES VIENNA AUSTRIA x x

ALLIB LEASING S.R.O.

FINANCIAL

COMPANIES PRAHA CZECH REPUBLIC x x

ALLIB NEKRETNINE D.O.O. ZA POSLOVANJE NEKRETNINAMA

FINANCIAL

ALPINE CAYMAN ISLANDS LTD.

FINANCIAL

COMPANIES GEORGE TOWN CAYMAN ISLAND x x

ALV IMMOBILIEN LEASING GESELLSCHAFT M.B.H.

FINANCIAL

COMPANIES VIENNA AUSTRIA x x

ANI LEASING IFN S.A.

FINANCIAL

COMPANIES BUCHAREST ROMANIA x x

ANTARES IMMOBILIEN LEASING GESELLSCHAFT M.B.H.

FINANCIAL

COMPANIES VIENNA AUSTRIA x x

ARANY PENZUEGYI LIZING ZRT.

FINANCIAL

COMPANIES BUDAPEST HUNGARY x x

ARNO GRUNDSTUCKSVERWALTUNGS GESELLSCHAFT M.B.H.

FINANCIAL

BA ALPINE HOLDINGS, INC.

FINANCIAL

COMPANIES WILMINGTON U.S.A. x x

BA CA LEASING (DEUTSCHLAND) GMBH

FINANCIAL

COMPANIES BAD HOMBURG GERMANY x x

BA CA SECUND LEASING GMBH

FINANCIAL

COMPANIES VIENNA AUSTRIA x x

BA CREDITANSTALT BULUS EOOD

FINANCIAL

COMPANIES SOFIA BULGARIA x x

BA EUROLEASE BETEILIGUNGSGESELLSCHAFT M.B.H.

FINANCIAL

BA-CA ANDANTE LEASING GMBH

FINANCIAL

COMPANIES VIENNA AUSTRIA x x

BACA CENA IMMOBILIEN LEASING GMBH

FINANCIAL

COMPANIES VIENNA AUSTRIA x x

BACA CHEOPS LEASING GMBH

FINANCIAL

COMPANIES VIENNA AUSTRIA x x

BA-CA FINANCE (CAYMAN) II LIMITED

FINANCIAL

COMPANIES GEORGE TOWN CAYMAN ISLAND x x

BA-CA FINANCE (CAYMAN) LIMITED

FINANCIAL

COMPANIES GEORGE TOWN CAYMAN ISLAND x x

BACA HYDRA LEASING GESELLSCHAFT M.B.H.

FINANCIAL

COMPANIES VIENNA AUSTRIA x x

BACA KOMMUNALLEASING GMBH

FINANCIAL

COMPANIES VIENNA AUSTRIA x x

Company Name Type

Full Proportional At Equity (RWA) Full Proportional At Equity

BACA LEASING ALFA S.R.O.

FINANCIAL

COMPANIES PRAHA CZECH REPUBLIC x x

BACA LEASING CARMEN GMBH

FINANCIAL

COMPANIES VIENNA AUSTRIA x x

BA-CA LEASING DREI GARAGEN GMBH

FINANCIAL

COMPANIES VIENNA AUSTRIA x x

BACA LEASING GAMA S.R.O.

FINANCIAL

COMPANIES PRAHA CZECH REPUBLIC x x

BA-CA LEASING MAR IMMOBILIEN LEASING GMBH

FINANCIAL

COMPANIES VIENNA AUSTRIA x x

BA-CA LEASING MODERATO D.O.O.

FINANCIAL

COMPANIES LJUBLJANA SLOVENIA x x

BACA LEASING UND BETEILGUNGSMANAGEMENT GMBH

FINANCIAL

COMPANIES VIENNA AUSTRIA x x

BA-CA MARKETS & INVESTMENT BETEILIGUNG GES.M.B.H.

FINANCIAL

BA-CA PRESTO LEASING GMBH

FINANCIAL

COMPANIES VIENNA AUSTRIA x x

BACA ROMUS IFN S.A.

FINANCIAL

COMPANIES BUCHAREST ROMANIA x x

BACAL ALPHA DOO ZA POSLOVANJE NEKRETNINAMA

FINANCIAL

COMPANIES ZAGREB CROATIA x x

BACAL BETA NEKRETNINE D.O.O. ZA POSLOVANJE NEKRETNINAMA

FINANCIAL

COMPANIES ZAGREB CROATIA x x

BACA-LEASING AQUILA INGATLANHASNOSITO KORLATOLT FELELOSSEGU TARSASAG

FINANCIAL

COMPANIES BUDAPEST HUNGARY x x

BACA-LEASING GEMINI INGATLANHASZNOSITO KORLATOLT FELELOSSEGU TARSASAG

FINANCIAL

COMPANIES BUDAPEST HUNGARY x x

BACA-LEASING NERO INGATLANHASZNOSITO KORLATOLT FELELOSSEGU TARSASAG

FINANCIAL

COMPANIES BUDAPEST HUNGARY x x

BACA-LEASING OMIKRON INGATLANHASZNOSTO KORLATOLT FELELOSSEGU TARSASAG

FINANCIAL

COMPANIES BUDAPEST HUNGARY x x

BACA-LEASING URSUS INGATLANHASZNOSITO KORLATOLT FELELOSSEGU TARSASAG

FINANCIAL

COMPANIES BUDAPEST HUNGARY x x

BA-CREDITANSTALT LEASING ANGLA SP. Z O.O.

FINANCIAL

COMPANIES WARSAW POLAND x x

BAL CARINA IMMOBILIEN LEASING GMBH

FINANCIAL

COMPANIES VIENNA AUSTRIA x x

BAL DEMETER IMMOBILIEN LEASING GMBH

FINANCIAL

COMPANIES VIENNA AUSTRIA x x

BAL HESTIA IMMOBILIEN LEASING GMBH

FINANCIAL

COMPANIES VIENNA AUSTRIA x x

BAL HORUS IMMOBILIEN LEASING GMBH

FINANCIAL

COMPANIES VIENNA AUSTRIA x x

BAL HYPNOS IMMOBILIEN LEASING GMBH

FINANCIAL

COMPANIES VIENNA AUSTRIA x x

BAL LETO IMMOBILIEN LEASING GMBH

FINANCIAL

COMPANIES VIENNA AUSTRIA x x

BAL OSIRIS IMMOBILIEN LEASING GESELLSCHAFT M.B.H.

FINANCIAL

COMPANIES VIENNA AUSTRIA x x

BAL PAN IMMOBILIEN LEASING GMBH

FINANCIAL

COMPANIES VIENNA AUSTRIA x x

BAL SOBEK IMMOBILIEN LEASING GMBH

FINANCIAL

COMPANIES VIENNA AUSTRIA x x

BANK AUSTRIA CREDITANSTALT LEASING IMMOBILIENANLAGEN GMBH

FINANCIAL

COMPANIES VIENNA AUSTRIA x x

BANK AUSTRIA FINANZSERVICE GMBH

FINANCIAL

COMPANIES VIENNA AUSTRIA x x

BANK AUSTRIA HUNGARIA BETA LEASING KORLATOLT FELELOSSEGU TSRSASAG

FINANCIAL

COMPANIES BUDAPEST HUNGARY x x

BANK AUSTRIA LEASING ARGO IMMOBILIEN LEASING GMBH

FINANCIAL

COMPANIES VIENNA AUSTRIA x x

BANK AUSTRIA LEASING HERA IMMOBILIEN LEASING GMBH

FINANCIAL

COMPANIES VIENNA AUSTRIA x x

BANK AUSTRIA LEASING IKARUS IMMOBILIEN LEASING GESELLSCHAFT M.B.H.

FINANCIAL

COMPANIES VIENNA AUSTRIA x x

At

BANK AUSTRIA LEASING MEDEA IMMOBILIEN LEASING GMBH

FINANCIAL

COMPANIES VIENNA AUSTRIA x x

BANK AUSTRIA REAL INVEST CLIENT INVESTMENT GMBH

FINANCIAL

COMPANIES VIENNA AUSTRIA x x

BARODA PIONEER ASSET MANAGEMENT COMPANY LTD

FINANCIAL

COMPANIES MUMBAI INDIA x x

BARODA PIONEER TRUSTEEE COMPANY PVT LTD

FINANCIAL

COMPANIES MUMBAI INDIA x x

BAULANDENTWICKLUNG GDST 1682/8 GMBH & CO OEG

FINANCIAL

COMPANIES VIENNA AUSTRIA x x

BETEILIGUNGSVERWALTUNGSGESELLSCHAFT DER BANK AUSTRIA CREDITANSTALT LEASING GMBH

FINANCIAL

COMPANIES VIENNA AUSTRIA x x

BIL LEASING-FONDS GMBH & CO VELUM KG

FINANCIAL

COMPANIES MUNICH GERMANY x x

BIL V & V VERMIETUNGS GMBH

FINANCIAL

BULBANK AUTO LEASING EOOD

FINANCIAL

CAC REAL ESTATE, S.R.O.

FINANCIAL

COMPANIES PRAHA CZECH REPUBLIC x x

CAC-IMMO SRO

FINANCIAL

COMPANIES PRAHA CZECH REPUBLIC x x

CAFU VERMOEGENSVERWALTUNG GMBH & CO OG

FINANCIAL

COMPANIES VIENNA AUSTRIA x x

CA-LEASING ALPHA INGATLANHASZNOSITO KORLATOLT FELELOSSEGU TARSASAG

FINANCIAL

COMPANIES BUDAPEST HUNGARY x x

CA-LEASING BETA 2 INGATLANHASZNOSITO KORLATOLT FELELOSSEGU TARSASAG

FINANCIAL

COMPANIES BUDAPEST HUNGARY x x

CA-LEASING DELTA INGATLANHASZNOSITO KORLATOLT FELELOSSEGU TARSASAG

FINANCIAL

COMPANIES BUDAPEST HUNGARY x x

CA-LEASING EPSILON INGATLANHASZNOSITO KORLATOLT FELELOSSEGU TARSASAG

CA-LEASING KAPPA INGATLANHASZNOSITO KORLATOLT FELELOSSEGU TARSASAG

FINANCIAL

COMPANIES BUDAPEST HUNGARY x x

CA-LEASING LAMBDA INGATLANHASZNOSITO KORLATOLT FELELOSSEGU TARSASAG

FINANCIAL

COMPANIES BUDAPEST HUNGARY x x

CA-LEASING OMEGA INGATLANHASZNOSITO KORLATOLT FELELOSSEGU TARSASAG

CA-LEASING SENIOREN PARK GMBH

FINANCIAL

COMPANIES VIENNA AUSTRIA x x

CA-LEASING TERRA POSLOVANJE Z NEPREMICNINAMI D.O.O.

FINANCIAL

COMPANIES LJUBLJANA SLOVENIA x x

CA-LEASING YPSILON INGATLANHASZNOSITO KORLATOLT FELELOSSEGU TARSASAG

FINANCIAL

COMPANIES BUDAPEST HUNGARY x x

CA-LEASING ZETA INGATLANHASZNOSITO KORLATOLT FELELOSSEGU TARSASAG

FINANCIAL

COMPANIES BUDAPEST HUNGARY x x

CALG 307 MOBILIEN LEASING GMBH

FINANCIAL

COMPANIES VIENNA AUSTRIA x x

CALG 443 GRUNDSTUCKVERWALTUNG GMBH

FINANCIAL

COMPANIES VIENNA AUSTRIA x x

Company Name Type

Full Proportional At Equity (RWA) Full Proportional At Equity

CALG 445 GRUNDSTUCKVERWALTUNG GMBH

FINANCIAL

COMPANIES VIENNA AUSTRIA x x

CALG 451 GRUNDSTUCKVERWALTUNG GMBH

FINANCIAL

COMPANIES VIENNA AUSTRIA x x

CALG ALPHA GRUNDSTUCKVERWALTUNG GMBH

FINANCIAL

COMPANIES VIENNA AUSTRIA x x

CALG ANLAGEN LEASING GMBH

FINANCIAL

COMPANIES VIENNA AUSTRIA x x

CALG ANLAGEN LEASING GMBH & CO

GRUNDSTUCKVERMIETUNG UND -VERWALTUNG KG

FINANCIAL

COMPANIES MUNICH GERMANY x x

CALG DELTA GRUNDSTUCKVERWALTUNG GMBH

FINANCIAL

COMPANIES VIENNA AUSTRIA x x

CALG GAMMA GRUNDSTUCKVERWALTUNG GMBH

FINANCIAL

COMPANIES VIENNA AUSTRIA x x

CALG GRUNDSTUCKVERWALTUNG GMBH

FINANCIAL

COMPANIES VIENNA AUSTRIA x x

CALG IMMOBILIEN LEASING GMBH

FINANCIAL

COMPANIES VIENNA AUSTRIA x x

CALG IMMOBILIEN LEASING GMBH & CO 1050 WIEN, SIEBENBRUNNENGASSE 10-21 OG

FINANCIAL

COMPANIES VIENNA AUSTRIA x x

CALG IMMOBILIEN LEASING GMBH & CO 1120 WIEN, SCHONBRUNNER SCHLOSS-STRASSE 38-42 OG

FINANCIAL

COMPANIES VIENNA AUSTRIA x x

CALG IMMOBILIEN LEASING GMBH & CO PROJEKT ACHT OG

FINANCIAL

COMPANIES VIENNA AUSTRIA x x

CALG IMMOBILIEN LEASING GMBH & CO PROJEKT FUNF OG

FINANCIAL

COMPANIES VIENNA AUSTRIA x x

CALG IMMOBILIEN LEASING GMBH & CO PROJEKT VIER OG

FINANCIAL

COMPANIES VIENNA AUSTRIA x x

CALG IMMOBILIEN LEASING GMBH & CO PROJEKT ZEHN OG

FINANCIAL

COMPANIES VIENNA AUSTRIA x x

CALG MINAL GRUNDSTUCKVERWALTUNG GMBH

FINANCIAL

CAMERON GRANVILLE 2 ASSET MANAGEMENT INC

FINANCIAL

COMPANIES TAGUIG PHILIPPINES x x

CAMERON GRANVILLE 3 ASSET MANAGEMENT INC.

FINANCIAL

COMPANIES TAGUIG PHILIPPINES x x

CAMERON GRANVILLE ASSET MANAGEMENT (SPV-AMC) , INC

FINANCIAL

COMPANIES TAGUIG PHILIPPINES x x

CDM CENTRALNY DOM MAKLERSKI PEKAO SA

FINANCIAL

COMPANIES WARSAW POLAND x x

CEAKSCH VERWALTUNGS G.M.B.H.

FINANCIAL

COMPANIES VIENNA AUSTRIA x x

CHARADE LEASING GESELLSCHAFT M.B.H.

FINANCIAL

COMPANIES VIENNA AUSTRIA x x

CHEFREN LEASING GMBH

FINANCIAL

COMPANIES VIENNA AUSTRIA x x

CIVITAS IMMOBILIEN LEASING GESELLSCHAFT M.B.H.

FINANCIAL

COMPANIES VIENNA AUSTRIA x x

CLOSED JOINT-STOCK COMPANY UNICREDIT SECURITIES

FINANCIAL

COMPANIES MOSCOW RUSSIA x x

CO.RI.T. S.P.A. IN LIQUIDAZIONE

FINANCIAL

COMPANIES ROME ITALY x x

COFIRI S.P.A. IN LIQUIDAZIONE

FINANCIAL

CORDUSIO SIM - ADVISORY & FAMILY OFFICE SPA

FINANCIAL

COMPANIES MILAN ITALY x x

CORDUSIO SOCIETA' FIDUCIARIA PER AZIONI

FINANCIAL

COMPANIES MILAN ITALY x x

At

DEBO LEASING IFN S.A.

FINANCIAL

COMPANIES BUCHAREST ROMANIA x x

DINERS CLUB CEE HOLDING AG

FINANCIAL

COMPANIES VIENNA AUSTRIA x x

DINERS CLUB CS S.R.O.

FINANCIAL

COMPANIES BRATISLAVA SLOVAKIA x x

DINERS CLUB POLSKA SP.Z.O.O.

FINANCIAL

COMPANIES WARSAW POLAND x x

DLV IMMOBILIEN LEASING GESELLSCHAFT M.B.H.

FINANCIAL

COMPANIES VIENNA AUSTRIA x x

DOM INWESTYCYJNY XELION SP. Z O.O.

FINANCIAL

COMPANIES WARSAW POLAND x x

DUODEC Z IMMOBILIEN LEASING GESELLSCHAFT M.B.H.

FINANCIAL

EUROLEASE AMUN IMMOBILIEN LEASING GESELLSCHAFT M.B.H.

FINANCIAL

COMPANIES VIENNA AUSTRIA x x

EUROLEASE ANUBIS IMMOBILIEN LEASING GESELLSCHAFT M.B.H.

FINANCIAL

COMPANIES VIENNA AUSTRIA x x

EUROLEASE ISIS IMMOBILIEN LEASING GESELLSCHAFT M.B.H.

FINANCIAL

COMPANIES VIENNA AUSTRIA x x

EUROLEASE MARDUK IMMOBILIEN LEASING GESELLSCHAFT M.B.H.

FINANCIAL

COMPANIES VIENNA AUSTRIA x x

EUROLEASE RA IMMOBILIEN LEASING GESELLSCHAFT M.B.H.

FINANCIAL

COMPANIES VIENNA AUSTRIA x x

EUROLEASE RAMSES IMMOBILIEN LEASING GESELLSCHAFT M.B.H.

FINANCIAL

COMPANIES VIENNA AUSTRIA x x

EUROPA BEFEKTETESI ALAPKEZELOE ZRT (EUROPA INVESTMENT FUND MANAGEMENT LTD.)

FINANCIAL

EXPANDA IMMOBILIEN LEASING GESELLSCHAFT M.B.H.

FINANCIAL

COMPANIES VIENNA AUSTRIA x x

FAMILY CREDIT NETWORK SPA

FINANCIAL

FMC LEASING INGATLANHASZNOSITO KORLATOLT FELELOSSEGU TARSASAG

FINANCIAL

COMPANIES BUDAPEST HUNGARY x x

FMZ SAVARIA SZOLGALTATO KFT

FINANCIAL

COMPANIES BUDAPEST HUNGARY x x

FMZ SIGMA PROJEKTENTWICKLUNGS GMBH

FINANCIAL

COMPANIES VIENNA AUSTRIA x x

FOLIA LEASING GESELLSCHAFT M.B.H.

FINANCIAL

COMPANIES VIENNA AUSTRIA x x

FUGATO LEASING GESELLSCHAFT M.B.H.

FINANCIAL

COMPANIES VIENNA AUSTRIA x x

G.N.E. GLOBAL GRUNDSTUCKSVERWERTUNG GESELLSCHAFT M.B.H.

FINANCIAL

COMPANIES VIENNA AUSTRIA x x

GALA GRUNDSTUCKVERWALTUNG GESELLSCHAFT M.B.H.

FINANCIAL

COMPANIES VIENNA AUSTRIA x x

GBS GRUNDSTUCKSVERWALTUNGSGESELLSCHAFT M.B.H.

FINANCIAL

COMPANIES VIENNA AUSTRIA x x

Company Name Type

Full Proportional At Equity (RWA) Full Proportional At Equity

GEBAUDELEASING

GYOR BEVASARLOKOZPONT INGATLANBERUHAZO ES UZEMELTETO KORLATOLT FELELOSSEGU TAESASAG

FINANCIAL

COMPANIES BUDAPEST HUNGARY x x

H.F.S. HYPO-FONDSBETEILIGUNGEN FUR SACHWERTE GMBH

FINANCIAL

COMPANIES MUNICH GERMANY x x

HERKU LEASING GESELLSCHAFT M.B.H.

FINANCIAL

COMPANIES VIENNA AUSTRIA x x

HOKA LEASING-GESELLSCHAFT M.B.H.

FINANCIAL

COMPANIES VIENNA AUSTRIA x x

HONEU LEASING GESELLSCHAFT M.B.H.

FINANCIAL

COMPANIES VIENNA AUSTRIA x x

HVB - LEASING PLUTO KFT

FINANCIAL

COMPANIES BUDAPEST HUNGARY x x

HVB ALTERNATIVE ADVISORS LLC

FINANCIAL

COMPANIES WILMINGTON U.S.A. x x

HVB ASIA LIMITED

FINANCIAL

COMPANIES SINGAPORE SINGAPORE x x

HVB ASSET LEASING LIMITED

FINANCIAL

COMPANIES LONDON

UNITED

KINGDOM x x

HVB ASSET MANAGEMENT HOLDING GMBH

FINANCIAL

COMPANIES MUNICH GERMANY x x

HVB AUTO LEASING EOOD

FINANCIAL

COMPANIES SOFIA BULGARIA x x

HVB CAPITAL LLC

FINANCIAL

COMPANIES WILMINGTON U.S.A. x x

HVB CAPITAL LLC II

FINANCIAL

COMPANIES WILMINGTON U.S.A. x x

HVB CAPITAL LLC III

FINANCIAL

COMPANIES WILMINGTON U.S.A. x x

HVB CAPITAL LLC VI

FINANCIAL

COMPANIES WILMINGTON U.S.A. x x

HVB CAPITAL PARTNERS AG

FINANCIAL

COMPANIES MUNICH GERMANY x x

HVB EXPORT LEASING GMBH

FINANCIAL

COMPANIES MUNICH GERMANY x x

HVB FIERO LEASING EOOD

FINANCIAL

COMPANIES SOFIA BULGARIA x x

HVB FINANCE LONDON LIMITED

FINANCIAL

HVB FUNDING TRUST II

HVB FUNDING TRUST II

In document LUIZ HENRIQUE SORMANI BARBUGIANI (página 127-135)