Annual Report 2006/2007 KGaA/Group - BVB Aktie - Borussia ...

Borussia Dortmund
In the most recent financial year, gross revenue
increased slightly by EUR 44 thousand, while the net
profit for the year ended 31 December 2006 amounted
to EUR 57 thousand (previous year: EUR 149
thousand).
BVB Beteiligungs-GmbH
The newly formed BVB Beteiligungs-GmbH was
entered in the commercial register on 2 May 2006.
The company holds 5.1% of the shares in BVB
Stadion GmbH.
BVB Stadion GmbH
Following the buyback of the stadium shares, the
holding company for SIGNAL IDUNA PARK is
almost wholly-owned by the BVB Group. B.V.
Borussia 09 e.V. Dortmund holds 5.1% of the shares
in BVB Beteiligungs-GmbH, which, in turn, holds
5.1% in BVB Stadion GmbH. Therefore the club has
an indirect 0.26% holding in BVB Stadion GmbH as
a minority shareholder. The remaining 99.74% is
held by the BVB Group via goool.de sportswear
GmbH and BVB Beteiligungs-GmbH.
BVB Stadion GmbH is the legal successor company
to Westfalenstadion Dortmund GmbH & Co. KG.
On 29 June 2006, the company entered into a lease
agreement with Borussia Dortmund GmbH & Co.
KGaA for the use of SIGNAL IDUNA PARK with a
fixed term until 30 June 2027.
BVB Stadion GmbH concluded a profit and loss
transfer agreement with goool.de Sportswear GmbH
on 3 August 2006. The net loss for the financial year
from 1 July 2006 to 30 June 2007 determined in
accordance with IFRS amounted to EUR -3.4 million
before profit and loss transfers (previous year:
EUR -9.9 million).
As a result of the profit and loss transfer agreement
entered into on 24 August 2006, the loss amounting
to EUR -0.3 million, caused by the costs of financing
the shareholding, will be transferred to goool.de
sportswear GmbH.
ORGANISATION OF MANAGEMENT
AND CONTROL
The general partner, Borussia Dortmund Geschäfts -
führungs-GmbH, is responsible for management and
representation of Borussia Dortmund GmbH & Co.
KGaA. This limited liability company (“GmbH”) is in
turn represented by its Managing Directors Hans-
Joachim Watzke and Thomas Treß; its sole shareholder
is Ballspielverein Borussia 09 e.V. Dortmund.
The remuneration of the Managing Directors is made
up of fixed and performance-related components, with
the latter based on the consolidated net profit for the
year before income taxes.
The following chart shows the structures and responsibilities
as between Ballspielverein Borussia 09 e.V.
Dortmund, Borussia Dortmund GmbH & Co. KGaA
and Borussia Dortmund Geschäftsführungs-GmbH.
11 th Round
7 November 2006
BVB 0:0 Aachen
12 th Round
10 November 2006
Werder Bremen 1:3 BVB
112
It was not Dede's fault that Borussia did
no better than 0:0 against Alemannia
(tackle with Ebbers).
Sahin – here against Schulz – had a
strong match at the Weser and set up
the first two goals.