Group Annual Report 2007

Earnings per share are calculated by dividing the consolidated net income (after minority interests) of EUR 3,137 thousand (2006: 83,497 thousand) by the weighted average number of ordinary shares outstanding during the fiscal year, namely 4,822,296 shares (2006: 4,412,180 shares).

Hypo Alpe-Adria-Bank International AG was founded in 1896 as Landes- und Hypothekenbankanstalt. It operates as the parent company of the Hypo Group Alpe Adria. It is registered in the trade register (Firmenbuch) of Klagenfurt under reference number FN 108415i. The company’s registered office and the Group’s headquarters are located at Alpen-Adria-Platz 1, A-9020 Klagenfurt (Austria).

We have audited the accompanying consolidated financial statements of HYPO ALPE-ADRIA-BANK INTERNATIONAL AG for the financial year from January 1, 2007 to December 31, 2007. These consolidated financial statements comprise the balance sheet as at December 31, 2007, and the income statement, statement of changes in equity and cash flow statement for the year ended December 31, 2007, and a summary of significant accounting policies and other exp...

The Supervisory Board held eight meetings during the year under review, in the course of which it accepted written and oral reports from the Executive Board on significant business issues and the state and progress of the Company’s affairs. At each of these meetings, the Executive Board submitted to the Supervisory Board a comprehensive report on material management matters, the progress of business and the state of the Company’s a...