DES GB2015 Englisch

29. INVESTMENTS ACCOUNTED FOR USING THE EQUITY METHOD Joint ventures in which Deutsche EuroShop AG has a majority of the voting rights together with third parties are included in the consolidat- ed financial statements in accordance with the equity method. They are important for the Group as a whole and operate shopping centers. The joint ventures material to the overall Group posted the following asset and liability items and income items for the reporting year: Allee- Center Magdeburg KG, Hamburg Stadt- Galerie Passau KG, Hamburg in € thousand 31.12.2015 31.12.2014 31.12.2015 31.12.2014 Non-current assets 248,000 246,400 170,000 147,100 Current assets 1,233 1,324 368 373 Cash and cash equivalents 972 1,206 1,026 1,293 Non-current liabilities 0 0 0 0 Current liabilities 905 971 324 593 Revenue 16,073 16,041 9,627 9,535 Net interest income 0 4 0 0 Net profit 15,446 19,067 31,648 13,705 Other income 0 0 0 0 TOTAL PROFIT 15,446 19,067 31,648 13,705 * Includes the figures for the immaterial joint venture CAK City Arkaden Klagenfurt KG, Hamburg. The equity method valuation amounted to €929 thousand (previous year: €895 thousand) and the net loss for the year €38 thousand (previous year: €-38 thousand). Under the equity method, the joint ventures developed as follows in the period under review: in € thousand Allee- Center Magdeburg KG, Hamburg Stadt- Galerie Passau KG, Hamburg Immobilien- kommandit- gesellschaft FEZ Harburg, Hamburg EKZ Eins Errichtungs- und Betriebs Ges.m.b.H,& Co. OG, Vienna Einkaufs- Center Arkaden Pécs KG, Hamburg Equity method valuation as at 01.01.2015 123,980 111,129 48,096 48,572 23,953 Net profit 7,723 23,736 15,662 12,788 8,377 Inflows 0 0 1,000 0 0 Dividend -7,053 -6,563 0 -2,939 -1,170 EQUITY METHOD VALUA- TION AS AT 31.12.2015 124,650 128,302 64,758 58,421 31,160 170 Deutsche EuroShop AG Annual Report 2015 CONSOLIDATED FINANCIAL STATEMENTS Non-current assets 248,000246,400170,000147,100 Current assets 1,2331,324368373 Cash and cash equivalents 9721,2061,0261,293 Non-current liabilities 0000 Current liabilities 905971324593 Revenue 16,07316,0419,6279,535 Net interest income 0400 Net profit 15,44619,06731,64813,705 Other income 0000 TOTAL PROFIT 15,44619,06731,64813,705 as at 01.01.2015123,980111,12948,09648,57223,953 Net profit 7,72323,73615,66212,7888,377 Inflows 001,00000 Dividend -7,053 -6,5630 -2,939 -1,170 TION AS AT 31.12.2015124,650128,30264,75858,42131,160

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