Page 2 - Annual Report 2010

highlights

EURm 2010 activity data (at 31 December 2010)

Equity signatures 43 funds 930 Guarantee signatures 24 operations 1 628 Guarantee Joint-Group signatures 6 operations 273 Microfinance signatures 5 operations 8 JEREMIE Holding Fund signatures 2 agreements 95

Total outstandings

Private Equity assets under management, of which: 351 funds 5 367 Own funds and mandates 4 655 Funds of funds 639 JEREMIE 73 Guarantee exposure 193 operations 14 701 Guarantees 14 125 Joint-Group operations 273 JEREMIE 304 Microfinance 6 operations 10

EURm Management accounts 2010 2009 Simplified statement of comprehensive income

Guarantee income 33 38 Equity income 33 21 Advisory & regional mandates 12 8 Treasury income 34 29 Total income 111 95 Staff costs 34 29 Overheads 12 8 Total expenses 45 37 Operating profit 65 58 Exceptional items (provisions and impairments) –58 –65 Net income 7 –7 Return on average equity 1% 0 Dividends declared 3 0

Simplified statement of financial position

Assets

Cash 74 106 Investments 1 058 997 Other assets 65 54 Total assets 1 196 1 158

Liabilities

Financial liabilities 134 91 Other liabilities 45 38 Equity 1 016 1 029 Total liabilities 1 196 1 158

Shareholders

European Investment Bank 61.2% European Union via the European Commission 30.0% 28 financial institutions 8.8%