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ePaper created 2013-06-11, 17:13:12 | version 1.25.16
Notes to the Consolidated financial statements – Liabilities AS AT 01.01.2012 UTILISATION REVERSAL ADDITION AS AT 31.12.2012 Deferred taxes on domestic companies 182,223 -46,322 17,526 153,427 Deferred taxes on foreign companies 28,364 0 -2,053 787 27,098 210,587 0 -48,375 18,313 180,525 14. TRADE PAYABLES 31.12.2012 31.12.2011 Construction services 451 1,027 Other 1,880 1,808 2,331 2,835 15. TAX LIABILITIES AS AT 01.01.2012 UTILISATION REVERSAL ADDITION AS AT 31.12.2012 Income taxes 5,263 69 75 7,612 12,731 Real estate transfer tax 635 635 11,753 11,753 Real property tax 37 22 73 88 5,935 69 732 19,438 24,572 Income taxes consist of corporation taxes and a solidarity surcharge totalling €2,272 thousand and trade taxes of €10,459 thousand. Real estate transfer tax relates mainly to the acquisition of the Herold-Center. 16. OTHER PROVISIONS AS AT 01.01.2012 UTILISATION REVERSAL ADDITION AS AT 31.12.2012 Maintenance and construction services already performed but not yet invoiced 5,399 4,781 434 3,081 3,265 Fees 86 83 3 151 151 Other 3,373 2,607 325 8,892 9,333 8,858 7,471 762 12,124 12,749 Other provisions include the early repayment penalty for the early repayment of a loan in the amount of €5.8 mil- lion. This item also includes the present value (€650 thousand) of a long-term incentive plan which was contractu- ally agreed between the Executive Board and employees of Deutsche EuroShop AG with effect from 1 July 2010. The term is five years, and the plan is based on the performance of the Company’s market capitalisation within this period. Please also refer to the details in the remuneration report, which is part of the management report. All other provisions have a term of up to one year. € thousand Total € thousand Total € thousand Total € thousand Total CONSOLIDATED FINANCIAL STATEMENTS { 164 } DES ANNUAL REPORT 2012