ANNUAL REPORT 2011 A.S. CRÉATION TAPETEN AG

As in the previous year, capital reserves include € 13.752 million in premiums from the issue of
shares of A.S. Création Tapeten AG and, in accordance with IAS 32, an equity share of € 0.005
million from the purchase and sale of own shares.
Revenue reserves include inappropriate profi ts of the Group companies as well as changes in
equity not affecting income.
According to a resolution passed by the General Meeting of Shareholders dated May 7, 2010, the
Managing Board is authorised to acquire own shares up to a par value of € 0.900 million (which
represents a maximum of 10% of the share capital) until May 6, 2015. The Managing Board is
also authorised to cancel the shares acquired, to resell them, or to use the shares acquired for
company acquisitions or equity investments. Based on previous authorisations granted between
1999 and 2008, A.S. Création Tapeten AG repurchased 243,649 own shares. Since then, no sales
or purchases have occurred, which means that A.S. Création Tapeten AG held 243,649 own shares
in a nominal amount of € 0.731 million or 8.12% of the share capital as of the balance sheet date.
An offsetting item in the amount of the cost of acquisition of own shares was established, which
remained unchanged from the previous year at € 4.021 million.
A dividend of € 0.75 per share, which translates into a total profi t distribution of € 2.067
million, will be proposed for the fi scal year 2011. A dividend of € 1.35 per share was paid out for
the previous fi scal year, resulting in a total distribution of € 3.721 million.
Under IFRS, some items are not recognised as income and expenses in the income statement but
are recognised directly in equity. These changes in equity, which are included in revenue reserves
and the currency translation differences, are shown in the table below:
Financial Deferred Foreign currency translation Total
derivative taxes differences from
fully companies
consolidated accounted for
companies at equity
¤ '000 ¤ '000 ¤ '000 ¤ '000 ¤ '000
As of Dec 31, 2009 –463 142 70 –35 –286
Changes recognized directly in equity 2010 –134 41 15 6 –72
As of Dec 31, 2010 –597 183 85 –29 –358
Changes recognized directly in equity 2011 –127 39 21 –98 –165
As of Dec 31, 2011 –724 222 106 –127 –523
CONSOLIDATED FINANCIAL STATEMENTS ACCORDING TO IFRS
95