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Hauptversammlungsrede von Vorstand Hans-Peter Kneip am 29. August 2023 in der Hamburger Handwerkskammer Weitere Informationen unter https://www.deutsche-euroshop.de/HV
Webcast of the telephone conference including the slide presentation Presenter: Patrick Kiss, Head of Investor & Public Relations 22.03.2023, 10.00 a.m., CET www.deutsche-euroshop.com/ir
Hauptversammlungsrede von Vorstand Olaf Borkers. Die ordentliche virtuelle Hauptversammlung der Deutsche EuroShop AG fand am 30. August 2022 um 10.00 Uhr in Hamburg statt.
footage, 8'48'' min, aspect ratio 16:9 (c) Copyright by Deutsche EuroShop AG https://www.deutsche-euroshop.de
We got some requests why we show significant differences in the used deferred taxes in the calculations of our 2011 EPRA EPS/share and the 2011 FFO/share.
Here is the answer: EPRA earnings are (according to EPRA's best practice recommendations) only adjusted for the deferred taxes on the valuation while the FFO is adjusted for the complete deferred taxes (on operating & valuation result).
A "problem" we see is, that EPRA's way to calculate the earnings is perfectly applicable for REITs, but not necessarily for "normal" real estate companies (which pay taxes).