Drucken GB - MME moviement

The proportion of a consolidated subsidiary’s losses applicable to minorities can
exceed the minorities’ interest of the net assets of a consolidated subsidiary. The
excess and any further loss applicable to minorities must be offset against the majority
interest in the group equity, subject to the extent to which the minorities are
firstly required and secondly able to make good the losses. If the subsidiary subsequently
reports profits, they must be allocated in full to the majority until the share
of minority losses previously absorbed by the majority has been recovered.
Obligations vis-à-vis credit institutes
Obligations vis-à-vis credit institutes comprises of long-term and short-term bank
debts and are valued at par value.
Tax provisions
Provisions for taxation relate to outstanding liabilities for corporate income tax,
trade tax and solidarity surcharge.
Other provisions
Other provisions are accumulated in accordance with IAS 37 for legal or constructive
obligations accrued economically by the balance sheet date, if it is probable that
meeting the obligation will lead to an outflow of the group's funds and if a reliable
estimate of the level of obligation can be made. Provisions must be reviewed on each
balance sheet date and adjusted to the current situation. Other provisions account
for all identifiable obligations to third parties, as required by IAS 37.
Trade accounts payable and other liabilities
Trade accounts payable are evaluated with the amount repayable. Non-interestbearing
liabilities are included with their cash value.
Advance payments
Advance payments are valued at par value.
NON-BINDING TRANSLATION
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