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ePaper created 2012-04-27, 18:43:33 | version 1.23.1
When measuring interest rate swaps, the interest and market price parameters applicable on the reporting date are applied. Interest from financial instruments is reported in net finance costs. The profit/loss share of third-party shareholders of € 15,730 thousand (previ- ous year: € 7,948 thousand) is also included in net finance costs. Impairment charges on receivables are recognised in property operating costs. Risk management In risk management, the emphasis is on ensuring compliance with the strategy and, building on this, on identifying and assessing risks and opportunities, as well as on the fundamental decision to manage these risks. Risk management ensures that risks are identified at an early stage and can then be evaluated, communicated promptly and mitigated. Risk analysis involves the identification and analysis of factors that may jeopardise the achievement of goals. Balance sheet amount in line with IAS 39 Fair value recognised in income Fair value 31 Dec 2011 Carrying amount 31 Dec 2010 Amortised cost Costs Fair value recognised in equity Fair value recognised in income Fair value 31 Dec 2010 27,815 23,885 0 15,381 8,505 23,886 5,606 3,481 3,481 3,481 1,783 1,493 701 792 1,493 64,408 65,784 65,784 65,784 1,539,651 1,288,156 1,288,156 1,324,096 280,078 277,780 277,780 277,780 2,835 6,145 6,145 6,145 45,999 27,641 6,473 21,168 27,641 71,797 70,758 69,966 792 70,758 27,815 23,886 15,381 8,505 23,886 1,868,563 1,599,722 1,578,554 21,168 1,635,662 DES Annual Report 2011 57 CONSOLIDATED FINANCIAL STATEMENTS other disclosures