Drucken GB - MME moviement

(26) OTHER LIABILITIES
Other liabilities are all due for payment within less than a year and break down as
follows:
2004 2003
in EUR 000’s in EUR 000’s
Liabilities to tax authorities (income tax) 746
Employment tax 563 0
Social security liabilities 499 170
Outstanding payables 497 935
Wages and salaries 432 43
Tax office liabilities (sales/purchases tax) 116 71
Film subsidies 95 0
Honoraria 89 0
Customers with credit balances 33 0
Other liabilities 389 129
3.459 1.348
(27) BONDS
Employee profit-sharing plan 2000 (employees) – WSV A2000/2005
The Management Board resolved on 8 December 2000 to issue a registered, not freely
convertible bond paying interest at 4% with a total par value of EUR 244,800, divided
into 244,800 partial convertible bonds each with a par value of EUR 1.00, to
employees of the company and its subsidiaries. Shareholder subscription rights have
been excluded. The subscription period ran until 20 December 2000.
Subscribers are entitled to convert the bonds wholly or in part into shares in the
company. Each EUR 1.00 in convertible bond par value entitles the holder to
exchange it for a no-par bearer share in the company that corresponds to a EUR 1.00
share in the company’s equity capital.
The conversion price for the acquisition of a bearer share, corresponding to a EUR
1.00 share in the company’s equity capital, for convertible bonds issued to authorised
persons at the latest on the day before the share was listed on the Frankfurt stock
NON-BINDING TRANSLATION
85