DES GB2015 Englisch

18. PROPERTY OPERATING COSTS in € thousand 2015 2014 Center marketing -2,763 -2,735 Operating costs that cannot be passed on -3,474 -1,873 Maintenance and repairs -1,152 -1,942 Real property tax -640 -689 Insurance 0 -314 Write-downs of rent receivables -939 -739 Other -439 -770 -9,407 -9,062 of which directly attributable operating expenditure in accord- ance with IAS 40 Investment Properties -9,407 -9,062 The increase in non-allocable ancillary costs is largely attributable to operating costs that cannot be fully allocated to the tenants and to the payment of heating and ancillary costs in arrears for preceding years. 19. PROPERTY MANAGEMENT COSTS in € thousand 2015 2014 CENTER MANAGE- MENT / AGENCY AGREE- MENT COSTS -9,976 -9,922 of which directly attributable operating expenditure in accord- ance with IAS 40 Investment Properties -9,976 -9,922 20. OTHER OPERATING INCOME in € thousand 2015 2014 Income from the reversal of provisions 312 441 Exchange rate gains 30 34 Other 458 1,414 800 1,889 21. OTHER OPERATING EXPENSES in € thousand 2015 2014 Personnel expenses -2,830 -2,466 Legal, consulting and audit expenses -1,694 -1,401 Marketing costs -433 -436 Exchange rate losses -248 -318 Supervisory Board compensation -312 -312 Appraisal costs -283 -299 Write-downs -86 -76 Real estate transfer tax -8 0 Other -2,081 -876 -7,975 -6,184 Personnel expenses includes €848 thousand for the Long-Term Incen- tive 2010, which ended in June 2015. Legal and consulting costs and audit expenses include expenditure of €286 thousand in fees for the audit of Group companies (previous year: €286 thousand). Other expenditure also includes a threatened loss of €1,000 thousand on the acquisition of the Karstadt building in our Dessau shopping center in April 2016. 22. INCOME FROM INVESTMENTS in € thousand 2015 2014 Income from investments 1 1 The profit dividend of City-Point Beteiligungs GmbH, Pullach for the previous year is recognised. 162 Deutsche EuroShop AG Annual Report 2015 CONSOLIDATED FINANCIAL STATEMENTS of provisions 312441 Exchange rate gains 3034 Other 4581,414 8001,889 Real estate transfer tax -80 Income from investments 11

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