<strong>ORCO</strong> GERMANY S.A. R.C.S. Luxembourg B 102.254 TABLE OF CONTENTS Page ANNUAL ACCOUNTS -- Balance sheet 1 -- Profit and loss account 2 -- Notes to the accounts 3 – 20 REPORT OF THE REVISEURS D’ENTREPRISES AGREES 21 – 22
<strong>ORCO</strong> GERMANY S.A. Société Anonyme R.C.S. Luxembourg B 102.254 BALANCE SHEET December31, <strong>2012</strong> A S S E T S <strong>2012</strong> 2011 EUR EUR FIXED ASSETS 121,361,842 159,649,428 Tangible assets (note 3) Land and buildings - 5,759,606 Financial assets (note 4) Shares in affiliated undertakings 74,831,816 77,147,758 Loans to affiliated undertakings 45,491,574 76,742,064 Loans to participating interest 1,038,452 - CURRENT ASSETS 12,137,342 11,324,785 Stocks 11,347 10,841 Debtors (becoming due and payable after less than one year) Trade debtors 21,195 49,567 Amounts owed by affiliated undertakings (note 4.3) 10,239,911 9,082,373 Other debtors 324,782 361,811 Other investments 59,081 28,080 Cash at bank and in hand 1,481,026 1,792,113 PREPAYMENTS AND ACCRUED INCOME 10,000 175,303 TOTAL ASSETS 133,509,184 171,149,516 L I A B I L I T I E S CAPITAL AND RESERVES (note 5) 75,023,825 (10,811,855) Subscribed capital 20,202,746 60,964,166 Share premium and similar premiums 217,450,357 123,657,605 Other reserves Loss brought forward 56,087,033 (195,433,625) - (191,940,347) Loss for the financial year (23,282,686) (3,493,279) PROVISIONS - 824,203 Other provisions - 824,203 NON SUBORDINATED DEBTS 58,485,359 181,137,168 Debenture loans – Convertible loans (note 6) Becoming due and payable after less than one year 20,010,703 127,451,544 Amounts owed to credit institutions (note 7.1) Becoming due and payable after less than one year - 4,990,000 Trade creditors (due and payable within one year) 301,063 808,717 Amounts owed to affiliated undertakings (note 7.2) Becoming due and payable after less than one year 2,532,381 1,804,568 Becoming due and payable after more than one year 35,216,041 45,159,251 Tax and social security (due and payable within one year) 70,000 43,009 Other creditors (due and payable within one year) 355,173 880,079 TOTAL LIABILITIES 133,509,184 171,149,516 The accompanying notes form an integral part of these annual accounts. - 1 -