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Financials - Deutsche EuroShop

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other disClosures<br />

An average of five (previous year: four) staff members were employed in the Group during the financial year.<br />

events after the<br />

balanCe sheet date<br />

<strong>Deutsche</strong> <strong>EuroShop</strong> AG acquired 5.1% of Rathaus-Center Dessau KG with effect from 1 January 2012, taking its shareholding to 100%. The<br />

purchase price of € 5.9 million was paid at the start of 2012.<br />

Also with effect from 1 January 2012, approximately 11% of Allee-Center Hamm KG (purchase price: € 8.9 million) and 0.1% of the shares in<br />

Rhein-Neckar Zentrum KG (purchase price: € 0.2 million) were acquired. <strong>Deutsche</strong> <strong>EuroShop</strong> now holds 100% of the shares in these companies<br />

as well. The purchase prices were paid at the end of 2011 and are included as at the reporting date under other assets.<br />

In accordance with IFRS 3, the share purchases resulted in an excess of identified net assets acquired over cost of acquisition of € 0.5 million.<br />

No further significant events occurred between the balance sheet date and the date of preparation of the financial statements.<br />

the supervisory board<br />

and exeCutive board<br />

SupERvISORY BOaRD<br />

a) Membership of other statutory supervisory boards<br />

b) Membership of comparable supervisory bodies of business enterprises in Germany or other countries<br />

manfred Zaß, Königstein im Taunus. Chairman<br />

Banker<br />

dr. michael gellen, Köln, Deputy Chairman<br />

Independent lawyer<br />

thomas armbrust, Reinbek<br />

Member of Management of KG CURA Vermögensverwaltung G.m.b.H. & Co., Hamburg<br />

a) C.J. Vogel Aktiengesellschaft für Beteiligungen, Hamburg (Chairman)<br />

Platinum AG, Hamburg (Chairman)<br />

TransConnect Unternehmensberatungs- und Beteiligungs AG, Munich (Chairman)<br />

Verwaltungsgesellschaft Otto mbH, Hamburg<br />

b) ECE Projektmanagement G.m.b.H. & Co. KG, Hamburg (Deputy Chairman)<br />

ConSoLIDAteD FInAnCIAL StAteMentS other disclosures<br />

Des Annual Report 2011 61

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