# Commission Decision of 12 May 2009 on State aid which Germany proposes to grant towards the restructuring of WestLB AG (C 43/08 (ex N 390/08)) (notified under document C(2009)3900) (Only the German text is authentic) (Text with EEA relevance) (2009/971/EC), Division 3.1

Extent: E+W+S+N.I.

By reference to WestLB’s audited balance sheet total for 31 December 2007 (EUR 287 billion), the balance sheet total is to be reduced by 25 % by 31 March 2010 and by 50 % by 31 March 2011, excluding the market value of derivatives (EUR [20–60] billion on 31 December 2007). In absolute figures, the net balance sheet total is thus to be reduced from EUR [200–280] billion to no more than EUR [150–250] billion by 31 March 2010, excluding the market value of derivatives, and to no more than EUR [80–180] billion by 31 March 2011, excluding the market value of derivatives.

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Source: https://www.legislation.gov.uk/eudn/2009/971/annex/division/1/division/3.1 (the official version)
Page: https://openlegislation.uk/eu-decision-2009-971/annex/division-1/division-3.1
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.