NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 179 Other selected holdings Market value % 2) Group equity Net profit Balance sheet  in listed companies 1) ¤  mn owned ¤  mn ¤  mn date AMB Generali Holding AG, Munich 183 5.8 2,934 – 231 12/31/2002 Banco Popular Espanol S. A., Madrid 1,014 9.4 3,258 778 12/31/2003 Banco Portuguès de Investimento (BPI – SGPS) S. A., Porto 189 8.9 1,227 164 12/31/2003 BASF AG, Ludwigshafen 643 2.6 16,942 1,599 12/31/2002 Bayer AG, Leverkusen 960 5.6 15,455 1,063 12/31/2002 Bayerische Motorenwerke AG, Munich 951 3.8 13,871 2,020 12/31/2002 Beiersdorf AG, Hamburg 1,339 16.6 1,727 290 12/31/2002 Bollore Investissement S. A., Puteaux 172 16.0 1,346 102 12/31/2002 Crédit Agricole S. A., Paris 930 3.3 15,814 1,061 12/31/2002 E.ON AG, Düsseldorf 1,275 3.6 32,164 3,414 12/31/2002 Hana Bank, Seoul 236 8.2 1,832 214 12/31/2002 HeidelbergCement AG, Heidelberg 510 15.1 3,692 262 12/31/2002 Heidelberger Druckmaschinen AG, Heidelberg 316 12.0 1,950 – 138 3/31/2003 KarstadtQuelle AG, Essen 244 10.5 1,746 169 12/31/2002 Linde AG, Wiesbaden 591 11.6 4,119 241 12/31/2002 mg technologies ag, Frankfurt/Main 218 10.1 1,991 – 31 12/31/2002 Münchener Rückversicherungs-Gesellschaft Aktien- gesellschaft in München, Munich 2,767 12.4 14,480 1,150 12/31/2002 RWE AG, Essen 898 5.1 8,924 1,355 12/31/2002 Schering AG, Berlin 917 11.8 2,949 869 12/31/2002 Siemens AG, Munich 777 1.4 23,715 2,541 9/30/2003 Total S. A., Paris 742 1.2 31,070 7,219 12/31/2003 Unicredito Italiano S. p. A., Milan 1,337 4.9 11,632 1,801 12/31/2002 Worms et Cie, Paris 292 14.8 2,157 190 12/31/2002 2) Percentage includes equity participations held by dependent enterprises in full, even if the Group’s share in this dependent enterprise is under 100% (including consolidated investment funds) 1) Market value > =  ¤ 100 mn and percentage of shares owned > = 5 %, or market value > =  ¤ 500 mn, without trading portfolio of banking business