ANNUAL REPORT 2011 A.S. CRÉATION TAPETEN AG

CONSOLIDATED FINANCIAL STATEMENTS ACCORDING TO IFRS
100
(15) Other provisions
Other short-term provisions mainly refer to potential losses from pending transactions and
warranties. The table below shows the changes in other provisions:
2011 2010
€ ’000 € ’000
As of January 1 135 97
Use 58 88
Allocation 60 126
As of December 31 137 135
(16) Other financial liabilities and contingent liabilities
The table below shows the other disclosable financial liabilities and their remaining terms:
Total Remaining term Remaining term Remaining term
of up to 1 year of over 1 year
up to 5 years
of over 5 years
31.12.11 31.12.10 31.12.11 31.12.10 31.12.11 31.12.10 31.12.11 31.12.10
€ ’000 € ’000 € ’000 € ’000 € ’000 € ’000 € ’000 € ’000
from loan contracts 3,800 0 3,800 0 0 0 0 0
from building rents 1,532 1,032 813 564 496 468 223 0
from operating leases 825 696 299 305 526 391 0 0
from order commitments
for investments in
tangible fixed assets 34 503 34 503 0 0 0 0
6,191 2,231 4,946 1,372 1,022 859 223 0
The current investigations by the German and French anti-trust authorities, which are conducting
separate proceedings to establish whether there have been agreements in restraint of competition
in the wallpaper industry, may entail contingent liabilities. The German authorities have opened
administrative offence proceedings against A.S. Création Tapeten AG. The company has submitted
detailed objections to all allegations specified in the letter of accusation. The Federal Cartel
Offi ce has not yet responded to the company’s arguments, which is why the Managing Board of
A.S. Création is not in a position to make a reliable assessment of the possible outcome of the