On Friday 29 April 2011 we organised our annual earnings press conference in Hamburg. The Executive Board presented the audited results for the past financial year followed by an outlook for 2011/12.
Results
We will host an English conference call on Friday, April 29, 2011, at 4:00 p.m. CEST to present the audited results for the past financial year followed by an outlook for 2011/12.
You can access the earnings call slideshow presentation via the Internet at http://www.deutsche-euroshop.de/ir.
If you have questions or suggested discussion points for our call, please post them here or email them to us at ir@deutsche-euroshop.com. We will use your feedback to address the most popular topics on the conference call.
If after the conference call you still have questions that were not addressed, please send them to us and we'll do our best to get your questions answered.
On 24 February 2011 we published our preliminary results for 2010.
To take into account the capital increases that took place during the year and also a capital increase maybe carried out after the balance sheet date and prior to publication, in accordance with IAS 33 a time-weighting factor and a retrospective adjustment of the number of shares must be applied when determining the basic earnings per share.
End of 2009 the average interest rate for our loan portfolio was 5.27% with a weighted maturity of 7.1 years (fixed interest periods). For the end of 2010 we expect the average interest rate at around 5.0% and the weighted maturity around 6.5 years.