Notes Mortgage debt DKKm Mortgage debt can be specified as follows: Fixed-rate loans, interest rate >3% Floating-rate loans, interest rate <3% Floating-rate loans, interest rate >3%
02.10.2011
03.10.2010
1,317 2,785 196 4,298
1,270 2,704 292 4,266
At the balance sheet date, fixed-rate mortgage loans amounting to DKK 2,265 million (3 October 2010: DKK 2,252 million) have been converted from fixed to floating rate by using financial instruments. The financial instruments and the underlying liabilities have been recognised in the balance sheet at the balance sheet date and in the income statement under financial income and expenses. DKKm
Mortgage debt distributed by currency: DKK DKK DKK DKK DKK SEK PLN PLN PLN EUR EUR
Maturity
Fixed or 足 oating rate fl
Amortised cost
Nominal value
02.10.2011 Fair value
2023 2038 2040 2041 2041 2014 2013 2014 2016 2013 2013
Fixed Floating Floating Floating Fixed Fixed Floating Floating Floating Fixed Floating
1,250 90 430 2,266 57 3 16 76 101 7 2 4,298
1,352 91 430 2,194 58 3 16 76 101 7 2 4,330
1,369 87 430 2,266 59 3 16 76 101 7 2 4,416
Maturity
Fixed or 足 oating rate fl
Amortised cost
Nominal value
03.10.2010 Fair value
2023 2018 2038 2014 2010 2011 2012 2011 2013 2013
Fixed Floating Floating Fixed Floating Floating Floating Floating Fixed Floating
1,256 2,250 544 4 34 107 57 1 10 3 4,266
1,250 2,380 569 4 34 107 57 1 11 3 4,416
1,390 2,255 540 4 34 107 57 1 10 3 4,401
DKKm
Mortgage debt distributed by currency: DKK DKK DKK SEK PLN PLN PLN EUR EUR EUR The fair value of fixed-rate mortgage debt has been calculated at the present value of future instalment and interest payments by using the current interest rate curve derived from current market rates.
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