Annual report 2010 - plazacenters
Annual report 2010 - plazacenters
Annual report 2010 - plazacenters
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
Financial statements<br />
Consolidated statement of financial position<br />
December 31, December 31,<br />
<strong>2010</strong> 2009<br />
Note €’000 €’000<br />
ASSETS<br />
Cash and cash equivalents 5 137,801 122,596<br />
Restricted bank deposits 6 29,954 39,202<br />
Short-term deposits – 2,589<br />
Available for sale financial assets 7 27,098 15,040<br />
Trade receivables 8 4,064 1,920<br />
Other receivables and prepayments 9 47,828 54,118<br />
Derivatives 16 10,535 1,810<br />
Trading properties 10 807,887 707,287<br />
Total current assets 1,065,167 944,562<br />
Long-term deposits and other investments 11 52,559 51,447<br />
Deferred tax assets 24 282 –<br />
Derivatives 16 42,110 20,151<br />
Property and equipment 12 11,361 14,990<br />
Investment property 13 238,702 13,399<br />
Restricted bank deposits 6 15,751 14,737<br />
Other non-current assets 364 335<br />
Total non-current assets 361,129 115,059<br />
Total assets 1,426,296 1,059,621<br />
LIABILITIES AND SHAREHOLDERS’ EQUITY<br />
Interest bearing loans from banks 17 232,902 176,637<br />
Debentures at fair value through profit or loss 22 48,318 7,423<br />
Debentures at amortized cost 23 20,762 –<br />
Trade payables 18 11,260 19,953<br />
Related parties 19 3,758 3,234<br />
Provisions 20 15,597 16,305<br />
Other liabilities 21 19,474 11,465<br />
Total current liabilities 352,071 235,017<br />
Interest bearing loans from banks 17 133,514 7,435<br />
Debentures at fair value through profit or loss 22 211,997 211,940<br />
Debentures at amortized cost 23 97,979 27,792<br />
Other liabilities 21 5,330 291<br />
Deferred tax liabilities 24 956 2,437<br />
Total non-current liabilities 449,776 249,895<br />
Share capital 25 2,967 2,942<br />
Translation reserve 25 8,074 (9,640)<br />
Other reserves 25 31,272 28,888<br />
Share premium 25 261,773 261,773<br />
Retained earnings 296,109 285,836<br />
Total equity attributable to equity holders of the Company 600,195 569,799<br />
Non-controlling interests 24,254 4,910<br />
Total equity 624,449 574,709<br />
Total equity and liabilities 1,426,296 1,059,621<br />
Date of approval of the financial statements: March 22, 2011 Ran Shtarkman Shimon Yitzchaki<br />
The notes on pages 74-135 are an integral part of these Director, President and Director and Chairman<br />
consolidated financial statements. Chief Executive Officer of the Audit Committee<br />
68<br />
Plaza Centers N.V. <strong>Annual</strong> <strong>report</strong> <strong>2010</strong>
Change language