annual report - Hypo Real Estate Holding AG

Risikoberichtbericht
Share capital
(a) Share issue costs
Incremental costs directly attributable to the issue of new shares are shown in equity as a deduction, net of tax,
from the proceeds.
(b) Dividends on ordinary shares
Dividends on ordinary shares are recognised in equity in the period in which they are approved by the Company’s
shareholders or paid (if declared by the Directors). Dividends for the year that are declared after the balance sheet
date are dealt with in the subsequent events note.
(c) Own shares
Where the Company or other members of the consolidated Group purchases the Company’s equity share capital,
the consideration paid is deducted from total equity as own shares until they are cancelled. Where such shares are
subsequently sold or reissued, any consideration received is included in equity.
Discontinued operations
A discontinued operation is a component of the Group’s business which represents a separate major line of
business or geographical area of operations and has been disposed of or is held for sale. When an operation is
classified as a discontinued operation, the comparative income statement is re-stated as if the operation had been
discontinued from the start of the earliest period presented.
Exceptional items
The Group seeks to highlight significant items within the Group results for the year. Such items may include
restructuring, profit or loss on disposal of significant items of property, plant and equipment, profit or loss on
disposal of investments and impairment of assets. Judgement is used by the Group in assessing the particular
items, which by virtue of their scale and nature, should be disclosed in the notes to the financial statements.
Comparatives
The comparative figures for the 2006 income statement have been re-stated to reflect the classification of
DEPFA Deutsche Pfandbriefbank AG as a discontinued operation.
Where necessary, other comparative figures have been adjusted to conform with changes in presentation in the
current year.
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