ALLIANZ GROUP 152 33 Other expenses for investments 34 Loan loss provisions Depreciation and write-downs on real estate used by third parties in- clude  ¤ 30 (2002: 104; 2001: 86) mn of unscheduled write-downs. 2003 2002 2001 ¤ mn ¤ mn ¤ mn Realized losses on securities held-to-maturity – 3 – 4 – 12 securities available-for-sale – 5,251 – 8,063 – 6,888 real estate used by third parties – 102 – 131 – 19 other investments –2 –6 –79 Subtotal – 5,358 – 8,204 – 6,998 Depreciation and write-downs on investments: securities held-to-maturity (impairment write-downs) – 10 – 31 – 35 securities available-for-sale (impairment write-downs) – 4,823 – 5,523 – 1,507 real estate used by third parties – 297 – 333 – 378 other investments –4 –11 –5 Subtotal –5,134 –5,898 – 1,925 Expenses –10,492 – 14,102 – 8,923 2003 2002 2001 ¤ mn ¤ mn ¤ mn Additions to allowances including  direct write-offs – 2,200 – 3,128 – 1,204 Less amounts released 1,103 817 593 Less recoveries on loans previously impaired 70 70 15 Loan loss provisions –1,027 –2,241 –596