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ePaper created 2014-11-14, 10:54:05 | version 1.33.01
DEUTSCHE EUROSHOP INTERIM REPORT 9M 2014 10 Profits and losses for equity-accounted companies in the amount of €15,575 thousand are primarily disclosed in the reconciliation state- ment, of which €12,024 thousand are domestic profits and losses and €3,550 thousand international profits and losses. Domestic Inter- national Total Segment assets 3,156,752 223,439 3,380,191 (previous year’s figures) (3,172,348) (222,515) (3,394,863) of which investment properties 2,747,280 216,449 2,963,729 (previous year’s figures) (2,746,320) (215,843) (2,962,163) OTHER DISCLOSURES DIVIDEND During the reporting period, a dividend of €1.25 per share was dis- tributed for financial year 2013 on 19 June 2014. RESPONSIBILITY STATEMENT BY THE EXECUTIVE BOARD To the best of our knowledge, and in accordance with the applicable reporting principles for interim financial reporting, the interim con- solidated financial statements give a true and fair view of the assets, liabilities, financial position and profit or loss of the Group, and the interim management report of the Group includes a fair review of the development and performance of the business and the position of the Group, together with a description of the principal opportuni- ties and risks associated with the expected development of the Group for the remainder of the financial year. Hamburg, November 2014 Claus-Matthias Böge Olaf Borkers IN € THOUSAND SEGMENT REPORTING As a holding company, Deutsche EuroShop AG holds equity interests in shopping centers in the European Union. The investees are pure real-estate shelf companies without staff of their own. Operational management is contracted out to external service providers under agency agreements, with the result that the companies’ activities are exclusively restricted to asset management. The companies are operated individually. Due to the Company’s uniform business activities within a relatively homogeneous region (the European Union), and in accordance with IFRS 8.12, separate segment reporting is presented in the form of a breakdown by domestic and international results. As the Group’s main decision-making body, the Deutsche EuroShop AG Executive Board largely assesses the performance of the seg- ments based on the EBT of the individual property companies. The valuation principles for the segment reporting correspond to those of the Group. Intra-Group activities between the segments are eliminated in the reconciliation statement. In view of the geographical segmentation, no further information pursuant to IFRS 8.33 is given. BREAKDOWN BY GEOGRAPHICAL SEGMENT 01.01. – 30.09.2014 Domestic Inter- national Recon- ciliation Total Revenue 139,206 10,491 0 149,697 (previous year’s figures) (127,365) (10,827) (0) (138,192) Domestic Inter- national Recon- ciliation Total EBIT 125,819 9,589 -3,137 132,271 (previous year’s figures) (115,264) (9,311) -(4,074) (120,501) Domestic Inter- national Recon- ciliation Total Net interest income -38,316 -2,848 -2,753 -43,917 (previous year’s figures) -(36,657) -(2,942) -(2,755) -(42,354) Domestic Inter- national Recon- ciliation Total Earnings before tax (EBT) 75,283 4,862 6,008 86,153 (previous year’s figures) (63,733) (4,610) (19,708) (88,051) IN € THOUSAND IN € THOUSAND IN € THOUSAND IN € THOUSAND DEUTSCHE EUROSHOP INTERIM REPORT 9M 201410 Segment assets 3,156,752223,4393,380,191 of which investment properties 2,747,280216,4492,963,729 Revenue 139,20610,4910149,697 EBIT 125,8199,589 -3,137132,271 Earnings before tax (EBT) 75,2834,8626,00886,153