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ePaper created 2012-04-27, 18:43:33 | version 1.23.1
Provisions recognised in profit and loss have now been created for the deferred trade tax based on the measurement differences in previous years (€ 87.5 million) and for trade tax to be paid in the future on the current earnings for the time period in question (€ 2.1 million). Provisions of € 3.7 million were recognised directly in equity. The impact on the balance sheet, consolidated profit, NAV and FFO can be taken from the table below: Balance sheet in € thousand 31 Dec 2010 before adjustment IAS 8 adjustment 31 Dec 2010 after adjustment Equity (retained earnings) 1,249,652 -85,915 1,163,737 Deferred taxes 101,052 83,778 184,830 Tax liabilities 450 2,137 2,587 Total assets 2,963,576 0 2,963,576 Income statement in € thousand 2010 before adjustment IAS 8 adjustment 2010 after adjustment Income tax expense Current tax expense -316 -2,137 -2,453 Deferred tax liabilities – domestic companies -11889 -87,494 -99,383 Deferred tax liabilities – foreign companies -2,975 0 -2,975 Total -15,180 -89,631 -104,811 Consolidated profit in € thousand and per share 2010 before adjustment Per share before adjustment IAS 8 adjustment 2010 after adjustment Per share after adjustment Tax expense up to 2009 0 -77,377 -77,377 -1.70 € Measurement gains/losses 27,691 0.61 € -2,952 24,739 0.54 € Current profit 54,126 1.19 € -9,302 44,824 0.98 € Consolidated profit 81,817 1.80 € -89,631 -7,814 -0.17 € Net Asset Value (NAV) in € thousand and per share 31 Dec 2010 before adjustment Per share before adjustment IAS 8 adjustment 31 Dec 2010 after adjustment Per share after adjustment Equity 1,249,652 24.20 € -85,915 1,163,737 22.54 € Deferred taxes 101,052 1.96 € 83,778 184,830 3.58 € Total 1,350,704 26.16 € -2,137 1,348,567 26.12 € 36 DES Annual Report 2011 CONSOLIDATED FINANCIAL STATEMENTS currency translation