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28.10.2011
Trade tax influence on 2011 FFO lower
In our Ad-hoc announcement on 23 August 2011 we expected the necessity to set aside a provision for trade tax risks in the 2011 financial year of around EUR 6.1 million for the 2011 financial year and the preceding years.
In the meantime we have discussed this issue with our auditors and now we have clarity how to handle the risk of a change in the tax treatment of Deutsche EuroShop: The provision for the years 2004-2010 will be formed as a correction for these past seven years against retained earnings as per 31 December 2010. Only the trade tax liability for 2011 will be included in the income statement for the current year.
As a consequence, the once estimated influence on our 2011 FFO (funds from operations) per share will be considerably lower.
18.08.2011
Like-for-like History
We are occassionally asked for the historical like-for-like (l-f-l) development development of Deutsche EuroShop's rental growth. Here is the answer:
The average growth rate is 2.2%.
12.08.2011
Additions to the H1 2011 conference call
We want to provide you with answers to questions which came up after the call
01.08.2011
Comparable numbers for H1 2011 results
To make your forecasts it may help to have the comparable numbers of H1 2010.
The Excel sheet offers a full usability. You can start with your projections right here!
13.05.2011
Additional information to the Q1 2011 results
We published our Q1 2011 results this morning. Surprisingly we get the most questions about the time of our conference call - but there won't be any!