Annual report 2010 - plazacenters

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Financial statements Notes to the consolidated financial statements continued Note 42 – List of Group entities continued Poland (continued) Activity Remarks Szczecín Plaza Sp.z.o.o Inactive Tarnow Plaza Sp.z.o.o Inactive Torun Plaza Sp.z.o.o Shopping center project Torun project Tychy Plaza Sp.z.o.o Inactive Wloclawek Plaza Sp.z.o.o Mixed use project Lodz shopping center project Zabrze Plaza Sp.z.o.o Inactive Leszno Plaza Sp.z.o.o Own plot of land Leszno project Indirectly owned (or joint controlled) Fantasy Park Investments Sp.z.o.o Inactive Wholly owned by Fantasy park Enterprises B.V. EDP Sp.z.o.o Inactive Jointly controlled (50% / 50%) with Classic Or B.V. Lublin Or Sp.z.o.o Stage B – Lublin Held 50% together with Israeli based partner Fantasy Park Sp.z.o.o Entertainment Wholly owned by Mulan B.V. Hokus Pokus Rozrywka Sp.z.o.o Inactive Held 50% by P.L.A.Z.A B.V. and 50% Held by Plaza Centers N.V. Czech Republic Activity Remarks Directly owned Praha Plaza S.R.O Logistic center Plaza Centers Czech Republic S.R.O Management company P4 Plaza S.R.O Active shopping center Liberec project Plaza Housing S.R.O Plot of land owned Roztoky Project Indirectly owned Fantasy Park Czech Republic S.R.O Entertainment Wholly owned by Mulan B.V. Greece Activity Remarks Helios Plaza S.A Shopping center project Piraeus Plaza project Latvia Activity Remarks Fantasy Park Riga SIA Entertainment Held 100% by Mulan B.V. Diksna SIA Active shopping center Jointly controlled with an American based partner. Riga Plaza Project The Ukraine Activity Remarks Plaza Centers Ukraine Limited Management company Held 100% by PC Ukraine Holdings Ltd. Cyprus – Ukraine Activity Remarks PC Ukraine Holdings Limited Holding company Nourolet Enterprises Limited Inactive Held by PC Ukraine Holdings Limited Tanoli Enterprises Limited Inactive Held by PC Ukraine Holdings Limited Russia Activity Remarks Indirectly owned Plaza Centers Management O.O.O Management company 100% Held by Obuda B.V. Plaza Centers Project 1 O.O.O Inactive 100% Held by Obuda B.V. Plaza Centers Project 2 O.O.O Inactive 100% Held by Obuda B.V. 130 Plaza Centers N.V. Annual report 2010
O Br Mg Fs Ai Cyprus – Russia Activity Remarks Indirectly owned (or joint controlled) Plaza & Snegiri Ltd. Inactive 50% Held by Plaza Centers N.V. Bulgaria Activity Remarks Indirectly owned ON International E.O.O.D Office project Sofia Project – held 100% by Plaza On Holdings B.V Directly owned Shumen Plaza E.O.O.D Shopping center project Shumen Plaza Project Plaza Centers Development E.O.O.D Inactive Plaza Centers Management Bulgaria E.O.O.D Management company Romania Activity Remarks Directly owned S.C. CENTRAL PLAZA S.R.L Inactive S.C. GREEN PLAZA S.R.L. Shopping center project Iasi Project S.C. ELITE PLAZA S.R.L Shopping center project Timisuara Project S.C. PLAZA CENTERS MANAGEMENT ROMANIA S.R.L Management company S.C. NORTH GATE PLAZA S.R.L Shopping center project Miercurea Ciuc Project S.C. SOUTH GATE PLAZA S.R.L Shopping center project Slatina Project S.C. WEST GATE PLAZA S.R.L Inactive S.C. EASTERN GATE PLAZA S.R.L Inactive S.C. NORTH WEST PLAZA S.R.L Shopping center project Hunedoara Project S.C. NORTH EASTERN PLAZA S.R.L Shopping center project Constanza project S.C. SOUTH WEST PLAZA S.R.L Inactive S.C. SOUTH EASTERN PLAZA S.R.L Inactive S.C. WHITE PLAZA S.R.L Inactive S.C. GOLDEN PLAZA S.R.L Inactive S.C. BLUE PLAZA S.R.L Inactive S.C. PALAZZO DUCALE S.R.L Office building and Company’s Romanian headquarters S.C. MOUNTAIN GATE S.R.L Shopping center project Targu Mures project Indirectly owned (or joint controlled) S.C. DAMBOVITA CENTER S.R.L Shopping center project Casa Radio Project,75% held by Dambovita Centers Holdings B.V. Bas Development S.R.L Residential project Held 50% by Plaza Bas B.V. Spring Invest S.R.L Office project Held 50% by Plaza Bas B.V. Sunny Invest S.R.L Residential project Held 50% by Plaza Bas B.V. Colorado Invest S.R.L Residential project Held 50% by Plaza Bas B.V. Malibu Invest S.R.L Residential project Held 25% by Plaza Bas B.V. Adams Invest S.R.L Residential project Held 50% by Plaza Bas B.V. Primavera Tower S.R.L Office project Held 50% by Plaza Bas B.V. Fantasy Park Romania S.R.L Inactive Held 100% by Mulan B.V. Plaza Centers N.V. Annual report 2010131
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Plaza Centers Annual report 2010 Su
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Overview Who we are O Br Mg Fs Ai W
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O Br Mg Fs Ai Operational highlight
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Overview Our s trategy O Br Mg Fs A
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O Br Mg Fs Ai Koregaon Park Plaza (
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O Br Mg Fs Ai • As a result of th
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O Br Mg Fs Ai Plaza expects to comp
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Overview Our portfolio at a glance
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O Br Mg Fs Ai Suwałki Plaza: opera
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O Br Mg Fs Ai Belgrade Plaza Serbia
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O Br Mg Fs Ai Koregaon Park Plaza:
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Overview Current devel opments cont
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O Br Mg Fs Ai Timisoara Plaza Roman
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Overview Current de velopments cont
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O Br Mg Fs Ai Liberec Plaza Czech R
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O Br Mg Fs Ai Bulgaria Sofia Plaza
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O Br Mg Fs Ai I am pleased to repor
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O Br Mg Fs Ai The combination of Pl
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O Br Mg Fs Ai Over the course of th
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O Br Mg Fs Ai Plaza’s effective o
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O Br Mg Fs Ai In addition, Plaza ha
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O Br Mg Fs Ai Among our first actio
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O Br Mg Fs Ai increased rental reve
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Management and governance Managemen
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O Br Mg Fs Ai Uzi Eli (35), LLB, At
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O Br Mg Fs Ai Substantial sharehold
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Management and governance Corporate
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O Br Mg Fs Ai • Best Practice Pro
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O Br Mg Fs Ai Among other matters,
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Management and governance Risk mana
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O Br Mg Fs Ai • Real estate valua
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O Br Mg Fs Ai II) Four components o
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O Br Mg Fs Ai c) The Audit Committe
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O Br Mg Fs Ai Service arrangements
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Financial statements Independent au
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Financial statements Consolidated i
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Financial statements Consolidated s
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O Br Mg Fs Ai For the For the year
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O Br Mg Fs Ai Estimates and underly
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O Br Mg Fs Ai Note 3 - Summary of s
Page 81 and 82: O Br Mg Fs Ai Financial assets and
Page 83 and 84: O Br Mg Fs Ai f. Normal operating c
Page 85 and 86: O Br Mg Fs Ai i) Rental income The
Page 87 and 88: O Br Mg Fs Ai 2. Share-based paymen
Page 89 and 90: O Br Mg Fs Ai The current lack of c
Page 91 and 92: O Br Mg Fs Ai Note 7 - Available-fo
Page 93 and 94: O Br Mg Fs Ai Below is a summary ta
Page 95 and 96: O Br Mg Fs Ai Major additions/dispo
Page 97 and 98: O Br Mg Fs Ai Note 16 - Derivatives
Page 99 and 100: O Br Mg Fs Ai December 31, December
Page 101 and 102: O Br Mg Fs Ai Note 21 - Other liabi
Page 103 and 104: O Br Mg Fs Ai As of December 31, 20
Page 105 and 106: O Br Mg Fs Ai Contractual life Gran
Page 107 and 108: O Br Mg Fs Ai Note 28 - Revenues Fo
Page 109 and 110: O Br Mg Fs Ai Note 32 - Net finance
Page 111 and 112: O Br Mg Fs Ai b. Under the particip
Page 113 and 114: O Br Mg Fs Ai The Group limits its
Page 115 and 116: O Br Mg Fs Ai Liquidity risk The fo
Page 117 and 118: O Br Mg Fs Ai Interest rate risk Pr
Page 119 and 120: O Br Mg Fs Ai Note 36 - Contingent
Page 121 and 122: O Br Mg Fs Ai Certain loan agreeme
Page 123 and 124: O Br Mg Fs Ai The net proceeds of t
Page 125 and 126: O Br Mg Fs Ai Additional transactio
Page 127 and 128: O Br Mg Fs Ai Note 39 - Operating s
Page 129 and 130: O Br Mg Fs Ai Note 41 - Critical ac
Page 131: O Br Mg Fs Ai therefore fail to imp
Page 135 and 136: O Br Mg Fs Ai The Dutch Antilles Ac
Page 137 and 138: O Br Mg Fs Ai United States Activit
Page 139 and 140: Additional information Advisors O B
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