Financials - Deutsche EuroShop

elated parties for
the purposes of ias 24
Deutsche EuroShop AG’s subsidiaries and the members of its Executive Board and Supervisory Board are regarded as related parties for the
purposes of IAS 24. The remuneration of the Supervisory Board and the Executive Board is described in the “Supervisory Board and Executive
Board” section and in the remuneration report part of the group management report.
Fees for service contracts with the ECE Group totalled € 23,454 thousand (previous year: € 27,772 thousand). This amount was partially offset
by income from lease agreements with the ECE Group in the amount of € 5,983 thousand (previous year: € 5,278 thousand). Receivables from
ECE were € 2,992 thousand, while liabilities were € 943 thousand.
Transactions with related parties involving the provision of goods and services were at standard market rates.
Hamburg, 17 April 2012
Deutsche EuroShop AG
The Executive Board
Claus-Matthias Böge Olaf G. Borkers
other disClosures
In line with section 160 (1) no. 8 AktG, we give notice that the following investments and changes to voting rights have been registered to our Company
in conformity with the duty of disclosure in accordance with section 21 of the Wertpapierhandelsgesetz (WpHG – Securities Trading Act):
Shareholder Shareholding
report
as at
ConSoLIDAteD FInAnCIAL StAteMentS related parties for the purpose of ias 24
Event
(share threshold in %)
New voting
rights share
in %
of which
own
holdings
in %
of which
indirectly
attributable
in %
Benjamin Otto, Hamburg 02.04.2002 Exceeds threshold (5) 7.74 0.00 7.74
"Bravo-Alpha" Beteiligungs G.m.b.H., Hamburg 02.04.2002 Exceeds threshold (5) 7.74 3.71 4.03
Alexander Otto, Hamburg 25.11.2005 Exceeds threshold (5, 10) 12.27 0.91 11.36
Gemeinnützige Hertie-Stifung, Frankfurt 15.08.2011 Exceeds threshold (3) 3.02 3.02 0.00
Dexia S.A., Brussels, Belgium 20.10.2011 Falls below threshold (3) 0.48 0.00 0.48
BlackRock Inc., New York, USA 20.12.2011 Exceeds threshold (3) 3.06 0.00 3.06
BlackRock Holdco 2, Inc., Wilmington, Delaware, USA 20.12.2011 Exceeds threshold (3) 3.05 0.00 3.05
BlackRock Financial Management, Inc., New York, USA 20.12.2011 Exceeds threshold (3) 3.05 0.00 3.05
BlackRock Inc., New York, USA 23.01.2012 Falls below threshold (3) 2.97 0.00 2.97
BlackRock Holdco 2, Inc., Wilmington, Delaware, USA 23.01.2012 Falls below threshold (3) 2.97 0.00 2.97
BlackRock Financial Management, Inc., New York, USA 23.01.2012 Falls below threshold (3) 2.97 0.00 2.97
The total fees for the consolidated financial statements for financial year 2011 came to € 321 thousand (previous year: € 328 thousand). An additional
€ 7 thousand (previous year: € 0) was spent on other advisory services. The Group auditor performed no other services.
Des Annual Report 2011 63