*at-equity consolidation Revenue* in € millions 2012 2013 2014 Result 157.1 Target 170–173 Target 175–178 EBIT* in € millions 2012 2013 2014 Result 132.3 Target 148–151 Target 152–155 EBT in € millions FFO per share in€ 2012 2013 2014 Result 1.66 Target 1.99–2.03 Target 2.03–2.07 Key data 2012 2013 2014 Result 94.9 Target 112–115 Target 117–120 Deutsche EuroShop Overview 2012 2011 DIFFERENCE Revenue 211.2 190.0 11% EBIT 181.0 165.7 9% Net finance costs -86.0 -79.1 -9% Measurement gains/losses 8.5 50.1 -83% EBT 103.5 136.7 -24% Consolidated profit 122.5 99.0 24% FFO per share (€) 1.66 1.61 3% Earnings per share (€)* 2.36 1.92 23% Equity** 1,606.1 1,473.1 9% Liabilities 1,942.8 1,752.0 11% Total assets 3,548.9 3,225.1 10% Equity ratio (%)** 45.3 45.7 LTV-ratio (%) 44 45 Gearing (%)** 121 119 Cash and cash equivalents 167.5 64.4 160% Net asset value (EPRA) 1,538.9 1,427.3 8% Net asset value per share (€, EPRA) 28.53 27.64 3% Dividend per share (€) 1.20*** 1.10 9% € million * undiluted ** incl. non controlling interests *** proposal