DES 9M Englisch

Nine-month report 2013 DES Nine-month report 2013 31.12.2012 pre- adjusted 31.12.2012 Adjust- ment 31.12.2012 re- adjusted Assets Non-current assets Intangible assets 16 0 16 Property, plant and equipment 112 0 112 Investment properties 3,330,289 -839,526 2,490,763 Non-current financial assets 30,293 0 30,293 Investments accounted for using the equity method 4,109 466,374 470,483 Other non-current assets 316 -4 312 Non-current assets 3,365,135 -373,156 2,991,979 Current assets Trade receivables 4,738 -1,539 3,199 Other current assets 7,115 -1,169 5,946 Other financial investments 4,355 -4,355 0 Cash and cash equivalents 167,511 -9,317 158,194 Current assets 183,719 -16,380 167,339 3,548,854 -389,536 3,159,318 31.12.2012 pre- adjusted 31.12.2012 Adjust- ment 31.12.2012 re- adjusted EQUITY AND LIABILITIES Equity and reserves Issued capital 53,945 0 53,945 Capital reserves 961,987 0 961,987 Retained earnings 305,982 0 305,982 Total equity 1,321,914 0 1,321,914 Non-current liabilities Financial liabilities 1,463,097 -295,233 1,167,864 Deferred tax liabilities 180,525 0 180,525 Right to redeem of limited partners 284,176 -77,666 206,510 Other liabilities 51,242 -8,558 42,684 Non-current liabilities 1,979,040 -381,457 1,597,583 Current liabilities Financial liabilities 194,137 -4,272 189,865 Trade payables 2,331 -283 2,048 Tax liabilities 24,572 -3 24,569 Other provisions 12,749 -377 12,372 Other liabilities 14,111 -3,144 10,967 Current liabilities 247,900 -8,079 239,821 3,548,854 -389,536 3,159,318 Assets in € thousands Total assets Equity and liabilities Total equity and liabilities Consolidated income statement – Switch to equity accounting 01.01. – 30.09.2012 pre- adjusted 01.01. – 30.09.2012 re- adjusted Revenue 157,114 116,973 Property operating costs -8,037 -6,646 Property management costs -8,004 -5,827 Net operating income (NOI) 141,073 104,500 Other operating income 1,036 932 Other operating expenses -4,775 -4,446 Earnings before interest and taxes (EBIT) 137,334 100,986 Income from investments 1 0 Interest income 360 317 Interest expense -49,731 -38,950 Profit / loss attributable to limited partners -14,078 -10,749 Share of the profit or loss of associ- ates and joint ventures accounted for using the equity method 0 22,134 Net finance costs -63,448 -27,248 Measurement gains / losses -2,836 -2,741 Earnings before tax (EBT) 71,050 70,997 Income tax expense -21,112 -21,059 Consolidated profit 49,938 49,938 Earnings per share (€), basic 0.96 0.96 Earnings per share (€), diluted 0.96 0.96 In addition, a voting agreement was in place with a co-shareholder of Immobilien Kommanditgesellschaft FEZ Harburg and Stadt-Galerie Passau KG until 31 December 2012 which granted Deutsche EuroShop AG controlling interest of these companies. These voting agreements were terminated by mutual agreement as per 31 December 2012. As a result, Deutsche EuroShop AG no longer has the necessary majority voting interest. The two companies, in which Deutsche EuroShop AG holds a 50% and 75% stake, respectively, were previously fully con- solidated. They also switched over to the equity method as of 1 Janu- ary 2013, with the result that the following asset and liability items from the consolidated balance sheet as of 31 December 2012 are no longer shown: Investment properties 333,370 Receivables and other assets 1,114 Cash and cash equivalents 2,812 Provisions 124 Financial liabilities 109,872 Other liabilities 581 Minority interests 77,666 in € thousands in € million in € thousands

DES 9M Englisch

Pages