natgillin/translations-raw huggingface dataset:
Oversigt over bevægelserne på reservekontiene i regnskabsåret 1 994
Statement of movements in the reserves at 31 December 1994
Fordeling af saldoen på resultatopgørelsen for 1993
Appropriation of balance of profit and loss account for year ended 31.12.1993
På forslag fra direktionen henstiller bestyrelsen til styrelsesrådet, at posten »bidrag til det disponible årsresultat« (de tre nye medlems­stater) på 74 292 465 fordeles således: 23 1 84 895 overføres til hensættelsen til dækning af generelle kreditinstitutrisici, og saldoen på 51 107 570 overføres sammen med regnskabsårets resultat på 969 690 917, i alt 1 020 798 487, til den supplerende reserve.
Acting on a proposal from the Management Committee, the Board of Directors is recommending that the Governors appropriate the amount of the item "Contribution to balance of profit and loss ac­count still to be appropriated" (three new Member States), i.e. 74 292 465, as to 23 184 895 to the Fund for general bank­
Note N — Aktier og andre værdipapirer med variabelt afkast samt kapitalindskud
Note N — Shares and other variable-yield securities and participating interests
Aktier og andre værdipapirer med variabelt afkast nede kapital.
Shares and other variable-yield securities
Fonden har hovedsæde i Luxembourg.
European Investment Fund (EIF), with its registered office in Luxem­bourg.
Denne post på 72 000 000 omfatter de første fire af fem lige store årlige rater på i alt 90 000 000, som Banken skal indbetale af sin andel på 300 000 000 af EBGU's tegnede kapital.
This item (72 000 000) corresponds to the first four of five equal annual instalments (90 000 000 in all) to be paid in by the Bank in respect of its subscription (300 000 000) to the capital of the EBRD.
For regnskabsåret 1994 har Banken besluttet ikke at konsolidere EIF's regnskab, og denne Årsberetning indeholder derfor ingen yderligere oplysninger derom.
For the financial year 1994, the Bank has decided not to consoli­date the EIF's accounts.
Endvidere er det uden betydning for det mål om et retvisende billede, som tilstræbes i Rådets direktiv af 8. december 1986 om bankers og andre penge­ og finansierings­institutters årsregnskaber og konsoliderede regnskaber.
Consequently, no additional information will be provided in this report due to the negligible effect in terms of showing a true and fair view pursuant to the Council Directive of 8 December 1986 on the annual accounts and consolidated ac­counts of banks and other financial institutions.
Denne post på 40 000 000 omfatter den første af fire lige store år­lige rater på i alt 160 000 000, som Banken skal indbetale af sin andel på 800 000 000 af Den Europæiske Investeringsfonds teg­
This item (40 000 000) corresponds to the first of four equal annual instalments (160 000 000 in all) to be paid in by the Bank in respect of its subscription (800 000 000) to the capital of the
Note O — Gæld til kreditinstitutter (med aftalt løbetid eller på opsigelse)
Note 0 — Amounts owed to credit institutions (with agreed maturity dates or periods of notice)
Fordeling på løbetider: Højst tre måneder
The breakdown according to maturity is as follows: - not more than three months
Note R — Vurderingen af risikoen i forbindelse med valutater­minsforretningerne er foretaget i overensstemmelse med Rådet for De Europæiske Fællesskabers direktiv 89/647/EØF af 18. decem­ber 1989 om solvensnøgletal for kreditinstitutter.
Note R — The risk associated with swap contracts has been mea­sured in accordance with Council Directive 89/647/EEC of 18 December 1989 on a solvency ratio for credit institutions.
Note S — Oversigt over uafviklede terminsforretninger pr. 31. december 1994
Note S — Statement of futures position at 31 December 1994
De opførte 370 835 341 repræsenterer kontrakter, som Banken har solgt på MATIF (1 950 i FRF) og på LIFFE (970 i DEM og
The amount of 370 835 341 represents contracts sold by the Bank on the MATIF (1 950 FRF contracts) and the UFFE (970 DEM and
1 500 i GBP) med henblik på at beskytte sin værdipapirportefølje FRF, DEM og GBP mod renteudsving.
1 500 GBP contracts) for the purpose of hedging its FRF, DEM and GBP portfolio securities against fluctuations in interest rates.
Note T — Resultat af finansielle transaktioner
Note T — Result on financial operations
På grund af værdipapirporteføljens overførsel til en investeringsporte­føjle pr. 1. ¡anuar 1995 og den hermed forbundne ændrede frem­ gangsmåde for porteføljens regnskabsmæssige vurdering vil denne urealiserede værdiforringelse gradvis blive udlignet, ¡det forskellen mellem vurderingen pr. 31. december 1994 og indfrielsesværdien hvert år vil blive amortiseret og krediteret resultatopgørelsen.
Follow­ing transfer of the portfolio securities to an investment portfolio on 1 January 1995 and, hence, the change of accounting valuation method, this unrealised depreciation will gradually be recovered by amortising and crediting annually to the profit and loss account the difference between the valuation at 31 December 1994 and the final redemption value.
Note U — Udvikling efter regnskabsårets afslutning den endelige indfrielses­
Note U — Events occurring after the balance sheet date price or, in the case of new operations, at the purchase price, the intention being to keep these securities until final maturity.
Investeringsporteføljen blev oprettet den 1. januar 1995 ved over­førsel af de værdipapirer med fast afkast, der indgik i porteføljen pr. 31. december 1994, til deres bogførte nettoværdi.
This portfolio was set up on 1 January 1995 by transferring, at their net book value, the fixed-income securities held in the portfolio at 31 December 1994.
Fra den 1. januar 1995 vil gældsbeviser, som er udstedt af det of­fentlige, og andre værdipapirer, der kan refinansieres i centralban­ker, samt beholdninger af obligationer og andre værdipapirer med fast afkast blive vurderet forskelligt, efter som de indgår i investe­ringsporteføljen, dækningsporteføljen eller omsætningsporteføljen.
As from 1 January 1995, Treasury bills and other bills eligible for refinancing with central banks as well as debt securities including fixed-income securities will be valued differently, depending on whether they are securities held in the investment, hedging or operational portfolios.
Investeringsporteføljen vil fremover blive vurderet enten til den over­førte værdi eller til købsværdien, for så vidt angår nyindkøb, idet
The investment portfolio will be valued in future either at the transfer
31. december 1994 samt af resultatet og pengestrømmen for året, aflagt i overensstemmelse med Internationale Regn­skabsstandarder samt principperne i Rådet for De Europæi­ske Fællesskabers direktiv for aflæggelse af årsregnskaber og koncernregnskaber i banker og andre finansielle institu­tioner.
Bank as of December 31,1 994, and of the results of its op­erations and its cash flows for the year then ended in accor­dance with International Accounting Standards and the prin­ciples of the European Communities Council Directive on the annual accounts and consolidated accounts of banks and other financial institutions.
Vi har revideret omstående årsregnskab for Den Europæi­ske Investeringsbank for 1994, som oplistet nedenfor.
We have audited the accompanying financial statements of the European Investment Bank which are listed below.
Udar­bejdelsen af årsregnskabet er ledelsens ansvar.
These financial statements are the responsibility of the European Investment Bank's management.
Disse standarder kræver, at vi tilrette­lægger og udfører vor revision således, at vi opnår en be­grundet overbevisning om, hvorvidt årsregnskabet er fri for væsentlige fejl.
Those Standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement.
Revision omfatter på basis af stikprøver en kontrol af det materiale, der dokumenterer beløb og oplys­ninger i årsregnskabet.
An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the fi­nancial statements.
Revision omfatter endvidere en vur­dering af de anvendte regnskabsprincipper og væsentlige skøn, udøvet af ledelsen, samt en vurdering af den overord­nede præsentation af årsregnskabet.
An audit also includes assessing the ac­counting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation.
Oversigt over gæld stiftet ved udstedelse af værdipapirer
Statement of subscriptions to the capital of the Bank
Efter vor opfattelse giver årsregnskabet et retvisende billede af Den Europæiske Investeringsbanks økonomiske stilling pr.
In our opinion, the financial statements give a true and fair view of the financial position of the European Investment
Noter til årsregnskabet.
Notes to the financial statements
Revisionsudvalget efterprøver, om Bankens forretninger er udført under overholdelse af de regler, der er fastlagt i vedtægterne, og om forretningerne og bøgerne er i orden, og bekræf­ter, at årsregnskabet nøjagtigt viser Bankens stilling såvel på aktiv- som på passivsiden.
The Committee verifies that the Bank's operations are carried out in compliance with the procedures laid down in the ElB's Statute. It verifies that the operations of the Bank have been conducted and its books kept in a proper manner and confirms that the balance sheet and financial statements reflect exactly the situation of the Bank as regards both assets and liabilities.
Revisionsudvalget rapporterer til styrelsesrådet, der har taget følgende erklæring til efterretning, inden det godkender årsbe­retningen og regnskabet ved regnskabsårets afslutning:
The Audit Committee reports to the Board of Governors, the following statement being read to the Governors prior to their approval of the Annual Report and accounts for the past financial year:
— som er blevet gjort bekendt med Price Waterhouses revisionspåtegning af 10. februar 1995, bekræfter herved
— having studied the books, vouchers and documents which it deemed necessary to examine in the discharge of its duties,
— under henvisning til Årsberetningen for 1994, Bankens og Den Særlige Afdelings balance pr. 31. december 1994 samt resultatopgørelsen for det da afsluttede regnskabsår, således som de blev vedtaget af bestyrelsen på dens møde den 4. april 1995, og
— having examined the reports of 10 February 1995 drawn up by Price Waterhouse, considering the 1994 Annual Report, the balance sheet of the Bank and the statement of Special Section as at 31 December 1994 as well as the profit and loss account for the financial year ending on that date as drawn up by the Board of Directors at its meeting on 4 April 1995, considering Articles 22, 23 and 24 of the Rules of Procedure, hereby certifies: that the Bank's operations during the 1994 financial year have been carried out in compliance with the formalities and pro­cedures laid down by the Statute and the Rules of Procedure, that the balance sheet, the profit and loss account and the statement of Special Section correspond to the book entries and that they reflect exactly the situation of the Bank as regards both assets and liabilities.
I ecuer — se noterne til regnskabet
In ECUs — see notes to the financial statements (page 87)
Tilgodehavender hos kreditinstitutter a) På anfordring b) Andre tilgodehavender c) Udlån: Samlet udestående Heraf ikke udbetalt del
Loans and advances to credit institutions a) repayable on demand b) other loans and advances c) loans: aggregate outstanding less undisbursed portion
Udlån til kunder Udlån: Samlet udestående Heraf ikke udbetalt del
Loans and advances to customers loans: aggregate outstanding less undisbursed portion
Immaterielle aktiver
Intangible assets unamortised issuing charges and redemption premiums .
Andreaktiver a) Tilgodehavende hos medlemsstaterne for regulering af kcpitalen
Other assets a) receivable from Member States for adjustment of capital contributions
Tegnet og indkaldt kapital, som endnu ikke er indbe talt
Subscribed capital, called but not paid
Gæld til kreditinstitutter α) På anfordring b) Med aftalt løbetid eller på opsigelse
Amounts owed to credit institutions a) repayable on demand b) with agreed maturity dates or periods of notice
Gæld stiftet ved udstedelse af værdipapirer a) Udstedte obligationer b) Andre
Debts evidenced by certificates a) debt securities in issue b) others
Bidrag til det disponible årsresultat
Contribution to balance of profit and loss account still to be appropriated
Garantier — For lån ydet af tredjemand — For tredjemands andele i finansieringen af Bankens udlån . .
Guarantees - in respect of loans granted by third parties - in respect of participations by third parties in Bank loans
0 0 Værdipapirportefølje — Terminskøb . . . — Terminssalg . . .
Portfolio securities - commitments to purchase - commitments to sell
Med virkning fra den 1. ¡anuar 1995 er Bankens kapital blevet forhøjet fra 57 600 000 000 til 62 013 000 000. Denne forhøjelse skyldes de tre nye medlemsstater, Kongeriget Sveriges, Republikken Østrigs og Republikken Finlands kapitalindskud.
As from 1 January 1995, the subscribed capital has been increased from ECU 57 600 000 000 to 62 013 000 000 by virtue of the con­tributions of the three new Member States: the Kingdom of Sweden, the Republic of Austria and the Republic of Finland.
Som følge af tiltrædelsen indbetaler de 300 401 052, svarende til deres andele af den af medlemsstaterne indbetalte kapital pr. 1. ¡anuar 1995, nemlig i fem lige store trancher på 60 080 210,40 fra den 30. april 1995 til den 30. april 1997.
Following their accession, they will pay in an amount of ECU 300 401 052 corresponding to their share in the capital paid in by the Member States at 1 January 1995, in five equal instalments of 60 080 210.40 beginning on 30 April 1995 and ending on 30 April 1997.
Angående den kapitalforhøjelse, der besluttedes den 11. ¡uni 1990, bidrager de tre nye medlemsstater forholdsmæssigt til den del, der endnu skal indbetales, nemlig ¡følge den tidsplan, der blev vedtaget i forbindelse med kapitalforhøjelsen.
As regards the amount remaining to be paid in under the capital increase decided on 1 1 June 1990, the three new Member States will par­ticipate proportionally and in accordance with the timetable laid down for this increase.
De 15 medlemsstater indbetaler således 430 645 833 i otte lige store trancher på 53 830 729,13 hver den 30. april og den 31. oktober 1995-1998.
The fifteen Member States will pay in, under this heading, an amount of ECU 430 645 833 in eight equal instalments of 53 830 729.13 beginning on 30 April 1995 and ending on 31 October 1998.
De nye medlemsstater bidrager desuden til reservefonden, den supplerende reserve, hensættelserne med karakter af reserver og saldoen på resultatopgørelsen, der skal fordeles på reserver og hensættelser, således som de figurerer på balancen pr. 31. december 1994.
The new Member States will also contribute towards the Reserve Fund, the Additional Reserves and those provisions equivalent to reserves, as well as to the amounts still to be appropriated to the reserves and provisions corresponding to the balance of the profit and loss account as at 31 December 1994.
Disse bidrag udgør 3,51736111% af de nævnte beløb for Kongeriget Sverige, 2,63194444% for Republikken Østrig og 1,51215278% for Republikken Finland.
These contributions, expressed as a percentage of the aforementioned items, correspond to 3.51736111% in the case of the Kingdom of Sweden, 2.631944447ο in the case of the Republic of Austria and 1.51215278% in the case of the Republic of Finland.
Indtil landenes bidrag til reserverne og hensættelserne er endeligt fastlagt, er balancen pr. 1. ¡anuar 1995 foreløbig.
Pending definitive establishment of the contributions of the new Member States to the Bank's reserves and provisions, the balance sheet as at 1 January 1995 is provisional.
Kapitalens for­deling fremgår af følgende oversigt.
The statement of subscriptions to the capital of the Bank at the same date is tabulated below.
OVERSIGT OVER BANKENS KAPITAL PR. 1. JANUAR 1995
STATEMENT OF SUBSCRIPTIONS TO THE CAPITAL OF THE BANK AS AT 1 JANUARY 1995
Indkaldt kapital
C capital paid in and to be paid in To be paid in
At indbetale
Member States
Ikke indkaldt Indbetalt kapital pr. 1.1.1995
Subscribed capital
Spanien Belgien Nederlandene Sverige Danmark Østrig Finland Grækenland Portugal Irland Luxembourg
Germany France Italy United Kingdom Spain Belgium Netherlands Sweden Denmark Austria Finland Greece Portugal Ireland Luxembourg
DEN ØKONOMISKE BAGGRUND FOR BANKENS AKTIVITET
ECONOMIC BACKGROUND TO EIB ACTIVITY
1994: DET ØKONOMISKE GENOPSVINGS ÅR yderligere i De Forenede Stater (3,9% mod 3,2% i 1993).
1994: A YEAR OF ECONOMIC RECOVERY sion (0.7% after 0.1% in 1993), whereas the rate of economic expan­sion continued to quicken in the USA (3.9% compared with 3.2% in 1993).
Udviklingslandene nød i forskellig grad godt af dette gen­opsving.
Developing countries experienced un­even degrees of economic recovery.
lande gik afmatningen over i et mere energisk opsving end forventet [2,6% efter ­0,4% i 1993).
Union emerged from recession, the re­covery was much more robust than an­ticipated (2.6% following on from ­0.4% In 1993).
Det kunne ligele­des spores i de central­ op østeuropæi­ske lande, omend i forskellig grad.
The economic upturn extended, to varying degrees, to the countries of Central and Eastern Eu­rope.
På denne baggrund kom det til en livlig vækst i verdenssamhandelen.
The pace of growth in the world economy, already appreciable in 1993 (almost 2%), quickened to reach close on 3%m.
Opsvinget kom i stand takket være eks­porten og lagergenopbygningen og bredte sig dernæst til investeringerne og det private forbrug, sidstnævnte dog i forskellig grad.
Capital investment in Belgium, the Netherlands, Spain and Portugal con­tinued shrinking last year although the rate of decline did slacken distinctly.
I Belgien, Nederlandene, Spanien og Portugal fortsatte anlægsinvesteringer­ne deres negative tendens i forhold til 1993, omend i klart mere beskeden grad.
Economic recovery, led initially by ex­ports and stock­building, extended to capital investment and, more patchily, to private consumer expenditure.
Efter den alvorlige tilbagegang i 1993 (­5,7%) kom det til et genopsving i de samlede investeringer ­ udtrykt ved de faste bruttoinvesteringer ­ fra årets be­gyndelse, hvilket resulterede i en gen­nemsnitlig fremgang på ca. 2,6%.
In contrast, investment rose in the other countries, with growth particularly strong in Ireland, Denmark, the eastern German Länder and the new Member States.
I Den Europæiske Union blev konjunk­turopsvinget båret af en dynamisk eks­port, øgede investeringer og et sti­gende forbrug.
The hallmarks of economic recovery in countries of the European Union were buoyant exports, increased investment and an upturn in consumer spending.
Ledigheden giver dog fortsat anledning til bekymring, omend væksten ophørte i andet halvår.
However, unemployment, the deteriora­tion in which abated in the first half of the year, remained at a worryingly high level.
Prisstig­ningerne, der var lavere end i 1993, udgjorde knap 3%, hvilket er en af de laveste inflationsrater i Fællesskabets historie.
Inflation, running ata slower pace than in 1993, was close to 3%, one of the lowest rates ever recorded in Community history.
Budgetunderskuddene mind­skedes noget.
Budget deficits were cut back slightly.
Derimod steg den lange rente markant, ligesom de finansielle markeder forblev flygtige hele året.
In contrast, long­term interest rates rose sharply and fi­nancial markets were volatile through­out the year.
Derimod steg de i de øvrige lande, og endda betydeligt i Irland, Danmark, de østtyske delstater og de nye medlems­lande.
Investment in the construction industry recovered, especially in Denmark, Ire­land, Germany and the United King­dom.
Den økonomiske aktivitet tiltog i samt­lige lande, herunder de nye medlems­lande, omend kun i beskedent omfang i Portugal og Grækenland.
After contracting sharply in 1993 [­5.7%), aggregate Investment, mea­sured in terms of GFCF, started to pick up as from the outset of 1994, resulting in average growth of the order of 2.6% over the whole year.
I 1 994 ventes de faste bruttoinvesterin­ger som i 1993 at ville svare til knap 19% af BNI mod ca. 20% de ti foregå­ende år, hvilket allerede er forholdsvis beskedent.
Nevertheless, the share of GFCF in GDP in 1994, as in 1993, is estimated at barely 19%, compared with the 20% or so recorded over the previous ten years, an already relatively low level.
Anlægsinvesteringerne, der var stærkt vigende i 1993 (­9,6%) efter den alle­rede markante tilbagegang i 1991 og 1992, tiltog under ét med knap 2,8%,
Capital expenditure, which had fallen steeply in 1993 (­9.6%) in the wake of already sharp declines in both 1991 and 1 992, expanded by almost 2.8%, but the picture varied from country to country.
De har foreløbig karakler.
They re­main provisional.
Vækstraterne i de fy­siske lolaler er beregne! i ¡asie priser.
The rates of growth for physical ag­gregates are expressed in volume terms.
Inflationen er ud­trykt ved prisindekset ¡or del privale forbrug. Tallene vedrører de 15 medlemslande, medens tal­lene ¡or Tyskland inkluderer de østlige delstater fra 1992 ¡handelsbalancerne dog fra 199ÍJ,
Inflation is measured by the consumer price index.
nedgangsperiode siden 30'erne, ven­tes væksten at blive ret markant takket være en livlig udenlandsk efterspørgsel og en meget betydelig fremgang i an­lægsinvesteringerne (20,3%).
thanks to keen external demand and a very steep upturn in capital spending (20.3%).
Desuden var 1994 kendetegnet af en mindre stigning i det private forbrug, hvortil tilbagegangen i opsparingen bi­drog.
the state of public-sector finances.
Forbruget blev imidlertid be­grænset af den fortsatte forværring af beskæftigelsen (­0,6%) og den uaf­brudte stigning i ledigheden, der omfat­ter 10,9% af den erhvervsaktive befolk­ning.
Bud­get deficits were reduced slightly, ac­counting for 5.7% of Community GDP (compared with 6.2% in 1993).
Konjunkturforbedringen havde positiv virkning på de offentlige finanser.
Last year also saw a modest upturn in private consumption, boosted by a fall in the rate of saving.
Bud­getunderskuddene aftog noget, nemlig til 5,7% af Unionens BNI mod 6,2% i 1993.
However, with the employment situation still deteriorating (-0.6%) and the number of unemployed still climbing to 10.9% of the working population, growth in consumer spend­ing was dampened.
Den dynamiske eksport førte til forbedring af saldoen på handelsba­lancen (1,5% af BNI mod 1% i 1993) og en positiv saldo på betalingsbalan­cens løbende poster (0,3% af BNI mod ­0,1% i 1993).
Buoyant exports resulted in further wid­ening of the trade surplus (1.5% of GDP compared with 1 % in 1993) and helped generate a surplus on the cur­rent account (0.3% of GDP compared with a deficit of 0.1% in 1993).
Efter fire vanskelige år med en samlet tilbagegang i BNI på 1 3% og en ledig­hed på 19% af befolkningen er den finske økonomi i kraftig vækst takket være eksportfremgangen og den sti­gende indenlandske efterspørgsel.
Finland's economy, after four tough years during which the country's GDP contracted by 1 3% overall and unem­ployment hit 1 9% of the workforce, ex­perienced a marked recovery driven by exports and a reversal in the down­ward trend of domestic demand.
I de nye medlemslande var det økonomi­ske opsving stærkere end i resten af Unionen på grund af en større dynamik i investeringerne.
Economic recovery in the new Member Countries was stronger than in the rest of the Union as investment expanded more vigorously.
I Østrig skyldtes den klare genopret­ning af den økonomiske aktivitet en liv­lig indenlandsk efterspørgsel, der udlø­stes af stigende investeringer og bud­getmæssige foranstaltninger.
In Austria, the marked upswing in eco­nomic activity was founded on brisk do­mestic demand fuelled by increased in­vestment and budgetary reflation.
Inflationen aftog på grund af den min­dre fremgang i nominallønningerne og forbedringen af produktiviteten.
The process of disinflation continued, sustained by a slowdown in nominal wage increases and productivity gains.