ProtectionFund

Summary of the annual accounts 31/12/2010

Balance Sheet as of 31 December 2010 (in thousands of €)

Income and Expenditure Account for the year ended 31 December 2010 (in thousands of €)

Off-Balance Sheet Items 31/12/2010 (in thousands of €)

1. Balance Sheet as of 31 December 2010 (in thousands of €)

Assets
Financial Investments			434.329
Cash and cash equivalents			427.300
Debtors and transition accounts			8.278
			869.907
Liabilities and Reserves
Capital			124
Fund Reserves			863.385
Provisions for liabilities and charges			6.353
Creditors and transition accounts			45
			869.907

2. Income and Expenditure Account for the year ended 31 December 2010 (in thousands of €)

Income
Contributions from participants		4
Recovery of claims		609
Financial Income		27.019
Increase (-) or decrease (+) of provisions for liabilities and charges		1.096
		28.728
Expenditure
Reimbursement of funds to participants	-	6.855
Payment of compensations	-	509
Operating expenses	-	887
Income taxes	-	1.855
	-	10.106
Surplus transferred to the Fund Reserves		18.622

3. Off-Balance Sheet Items 31/12/2010(in thousands of €)

Guarantees in favor of the Intervention Reserve

21.490