160 Annual Report Further Information

Transcription

1 160 Annual Report 2014 Further Information Back over Five-Year Overview Consolidated Balance Sheet Five-Year Overview Consolidated Income Statement Supervisory Board Managing Board Financial Calendar and Contact

2 Further Information

3 162 Annual Report 2014 Consolidated Balance Sheet FIVE-YEAR OVERVIEW IN ACCORDANCE WITH IFRS ASSETS EUR A. Non-current assets Goodwill Other intangible assets 39,407 41,904 43,259 45,227 0 Software 10,795 8,698 7,553 5,280 2,811 Investment property 78, , , , ,945 Equipment 4,476 4,765 3,479 2,762 1,893 Investments in joint ventures Participations in associated companies 68,497 18,295 15,810 6,809 0 Participations 96,555 80,074 18,407 3,134 3,090 Loans 5,281 5, Long-term tax assets Total non-current assets 304, , , , ,028 B. Current assets Inventories 198, , , , ,438 Securities ,634 0 Short-term tax assets 8,014 5,582 5,380 4, Current receivables and other current assets 84,774 82,262 98,635 60,007 10,282 Bank balances and cash 145, ,536 38,135 31,828 70,537 Total current assets 436, , , , ,520 ToTAl assets 741, , ,553 1,102,284 1,214,548

4 7 Our Strategy 19 Our Responsibility 35 Our Company 45 Our Results 161 Further Information 163 Five-Year Overview Consolidated Balance Sheet EQUITY AND LIABILITIES EUR A. Equity Share capital 69,385 63,077 57,343 52,130 52,130 Capital reserve 198, , , , ,862 Retained earnings Legal reserves Non-controlling shareholders 809 1,398 1,556 1, Valuation results from cash flow hedges ,331 2,372 Currency translation difference 1, Consolidated unappropriated profit 139, ,135 66,808 41,346 27,775 Total equity 410, , , , ,732 B. Liabilities Non-current liabilities Deferred tax liabilities 19,704 22,933 23,242 26,314 9,701 Long-term financial derivatives ,363 33,470 39,715 Retirement benefit obligations Long-term bank loans , ,685 0 Non-current liabilities 82,544 80,849 3,417 2,410 1,202 Total non-current liabilities 102, , , ,250 50,986 Current liabilities Short-term bank loans 121, , , , ,380 Short-term financial derivatives 0 2,819 6, Other provisions 2,142 1,719 1,479 1, Current liabilities 92,506 75,759 28,750 22,644 17,008 Tax liabilities 11,652 11,987 14,404 12,323 9,413 Total current liabilities 228, , , , ,830 Total equity and liabilities 741, , ,553 1,102,284 1,214,548

5 164 Annual Report 2014 Consolidated Income Statement FIVE-YEAR OVERVIEW IN ACCORDANCE WITH IFRS EUR Revenues 291, , , , ,593 Income from the sale of investment property 17,019 19,133 16,916 6,205 1,237 Changes in inventories 110,509 36,717 61, , ,632 Other operating income 7,143 8,064 11,566 8,225 4,658 Total operating performance 205, , , , ,856 Cost of materials 54,455 58,314 54,020 45,743 68,072 Cost of purchased services 1 9,990 14,120 7,338 7,872 0 Staff costs 77,239 65,733 47,561 35,672 28,580 Results from fair value adjustments to investment property Other operating expenses 1 50,193 44,872 37,930 33,118 21,376 EBITDA 13,642 24,856 49,280 58,125 62,153 Amortisation of intangible assets and depreciation on property, plant and equipment 6,940 6,107 4,541 3, Earnings before finance income and income taxes (EBIT) 6,702 18,749 44,739 54,631 61,249 Income from participations 39,062 32,122 6, Earnings from companies accounted for using the equity method 3, Finance income 4,413 20,520 11,727 8,988 11,494 Finance cost 11,912 32,424 34,857 43,718 61,250 Gains/losses from currency translation Profit before income taxes (EBT) 41,998 39,599 28,621 19,906 11,488 Income tax 6,978 2,431 3,166 6,413 5,287 Consolidated net profit 35,020 37,168 25,455 13,493 6,201 Earnings per share (undiluted) in EUR Cost of purchased services were previously reported unter other operating expenses. Last year's figures have been adjusted accordingly.

6 7 Our Strategy 19 Our Responsibility 35 Our Company 45 Our Results 161 Further Information 165 Five-Year Overview Consolidated Income Statement Supervisory Board Supervisory Board as of 31 December 2014 Dr. Theodor Seitz Chairman Member of the Supervisory Board since 2002 and Chairman since 2003 Tax consultant, lawyer, Augsburg l Chairman of the Supervisory Board of CDH AG, Augsburg Harald Boberg Deputy Chairman Member of the Supervisory Board since 2003 Representative of Bankhaus Lampe KG (Düsseldorf), Hamburg Manfred J. Gottschaller Deputy Chairman Member of the Supervisory Board since 2003 Director of Bayerische Handelsbank AG i. R., Munich

7 166 Annual Report 2014 Managing Board as of 31 December 2014 Wolfgang Egger Chief Executive Officer First appointed on: 21 August 2002 Appointed until: 30 June 2016 Responsibilities Corporate Communications, Corporate Development, Corporate Social Responsibility, Institutional Clients, Marketing, Research Arwed Fischer Chief Financial Officer First appointed on: 1 March 2008 Appointed until: 29 February 2016 Responsibilities Board and Committees, Controlling & Accounting, Corporate Finance, Investor Relations, IT, Procurement & Services, Risk Management Klaus Schmitt Chief Operating Officer First appointed on: 1 January 2006 Appointed until: 31 December 2015 Responsibilities Human Resources, Legal, Management of Operating Business Fields, Regulations & Taxes, Strategy and M&A

8 Financial Calendar and Contact Details Financial Calendar March 2015 Financial statements May 2015 Interim report for the first quarter of June 2015 Annual General Meeting, Augsburg 6 August 2015 Interim report for the first half of November 2015 Interim report for the first nine months of 2015 PATRIZIA Immobilien AG PATRIZIA Bürohaus Fuggerstrasse Augsburg Germany P F immobilien@patrizia.ag Investor Relations Margit Miller P F investor.relations@patrizia.ag Verena Schopp de Alvarenga P F investor.relations@patrizia.ag Press Andreas Menke P F presse@patrizia.ag This annual report was published on 25 March This is a translation of the German annual report. In case of doubt, the German version shall apply. Both versions are available on our website: