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METRO GROUP : ANNUAL REPORT 2010 : BUSINESS → NOTES : NOTES TO ThE INCOME STATEMENT 11. Profit attributable to non-controlling interests Of profit attributable to non-controlling interests, profit shares accounted for €178 million (previous year: €173 million) and loss shares for €92 million (previous year: €37 million). This mainly concerns profit/loss shares of non-controlling interests in the Media Markt and Saturn sales division. 12. Earnings per share METRO AG defines earnings per share as earnings per ordinary share. In 2009, holders of preference shares of METRO AG were entitled to a dividend of €1.298 that was €0.118 higher than that paid to holders of ordinary shares. In the calculation of earnings per share, this additional dividend is deducted from profits attributable to METRO AG shareholders. Earnings per share are determined by dividing earnings attributable to METRO AG shareholders by a weighted number of issued shares. There was no dilution in the financial year 2010 or the year before from so-called potential shares. 2010 2009 Weighted number of no-par-value shares outstanding Income attributable to METRO AG sharehold- 326,787,529 326,787,529 ers (€ million) 850 383 Earnings per share (€) 2.60 1.17 Earnings per share of preference shares amounted to €2.74 (previous year: €1.29) in the financial year 2010 and thus exceeded earnings per share by the amount of the additional dividend of €0.135. 13. Depreciation/amortisation € million Scheduled depreciation on tangible and intangible assets and investment 2010 2009 properties Non-scheduled write-downs on tangible assets, intangible assets (incl. goodwill) and 1,274 1,280 investment properties Non-scheduled write-downs on non-current 153 116 financial assets 0 1 1,427 1,397 → p. 172 Non-scheduled write-downs were included in selling expenses to the amount of €141 million (previous year: €75 million) and to the amount of €12 million in administrative expenses (previous year: €41 million), with non-scheduled write-downs of intangible assets accounting for €11 million (previous year: €43 million), scheduled write-downs of fixed assets accounting for €134 million (previous year: €73 million) and scheduled write-downs of investment properties accounting for €8 million (previous year: €0 million). Metro Cash & Carry accounts for €2 million (previous year: €15 million) of the non-scheduled write-downs, Real for €17 million (previous year: €0 million), Media Markt and Saturn for €73 million (previous year: €0 million), the Real Estate segment for €50 million (previous year: €59 million) and other companies for €11 million (previous year: €43 million). 14. Cost of materials The cost of sales includes the following cost of materials: € million Cost of raw materials, supplies and goods 2010 2009 purchased 52,491 51,422 Cost of services purchased 96 85 52,587 51,507 15. Personnel expenses Personnel expenses can be broken down as follows: € million 2010 2009 Wages and salaries Social security payments, expenses for 6,066 5,910 pensions and related employee benefits 1,301 1,275 thereof pension expenses (67) (73) 7,367 7,185 In the financial year 2010, expenses relating to severance payments within METRO GROuP amounted to €63 million (previous year: €40 million). Personnel expenses also include prorated expenses for share-based payments totalling €32 million (previous year: €12 million).
METRO GROUP : ANNUAL REPORT 2010 : BUSINESS → NOTES : NOTES TO ThE BAl ANCE ShEET Annual average number of Group employees: Number of employees 2010 2009 Blue collar/white collar 283,280 286,329 Apprentices/trainees 10,682 10,201 293,962 296,530 The above figure includes an absolute number of 80,975 (previous year: 85,229) part-time employees. The percentage of employees working outside of Germany (full-time equivalents) stood at 62.7 percent compared to 61.8 percent in the previous year. € million Goodwill Other intangible assets Tangible assets → p. 173 16. Other taxes Other taxes (for example, tax on land and buildings, motor vehicle tax, excise tax and transaction tax) of €152 million (previous year: €173 million) are included in the cost of sales and the selling and administrative expenses. Notes to the balance sheet 17. Tangible and intangible assets Investment properties Financial assets Total fixed assets Acquisition or production costs At 1/1/2009 3,960 1,329 20,697 326 170 26,482 Currency translation 1 –1 –108 0 1 –107 Additions to consolidation group 0 0 12 0 0 12 Additions 49 169 1,298 2 33 1,551 disposals –18 –39 –749 –60 –47 –913 Transfers 0 0 –50 50 –33 –33 At 31/12/2009 / 1/1/2010 3,992 1,458 21,100 318 124 26,992 Currency translation 9 4 310 0 1 324 Additions to consolidation group 0 0 0 0 0 0 Additions 73 138 1,524 19 196 1,950 disposals –10 –64 –944 –12 –62 –1,092 Transfers 0 –1 –108 174 0 65 At 31/12/2010 Depreciation/amortisation 4,064 1,535 21,882 499 259 28,239 At 1/1/2009 0 777 8,173 193 26 9,169 Currency translation 0 –1 –3 0 0 –4 Additions, scheduled 0 169 1,104 7 0 1,280 Additions, non-scheduled 0 43 73 0 1 117 disposals 0 –27 –448 –45 –15 –535 Write-backs 0 0 –9 0 0 –9 Transfers 0 0 –34 34 –1 –1 At 31/12/2009 / 1/1/2010 0 961 8,856 189 11 10,017 Currency translation 0 3 84 0 0 87 Additions, scheduled 0 167 1,098 9 0 1,274 Additions, non-scheduled 0 11 134 8 0 153 disposals 0 –42 –668 –8 0 –718 Write-backs 0 0 –47 0 0 –47 Transfers 0 –1 –57 63 0 5 At 31/12/2010 0 1,099 9,400 261 11 10,771 Book value at 1/1/2009 3,960 552 12,524 133 144 17,313 Book value at 31/12/2009 3,992 497 12,244 129 113 16,975 Book value at 31/12/2010 4,064 436 12,482 238 248 17,468
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