Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
4.4. O<strong>the</strong>r operating expenses<br />
4.5. financial results<br />
Q1 fInAnCIAl STATEMEnTS<br />
All amounts in TEUR 1 May 2009 – 31 July 2009 1 May 2008 – 31 July 2008<br />
Administrati<strong>on</strong> 9,355.4 13,103.7<br />
legal, auditing and c<strong>on</strong>sulting fees 4,812.3 4,546.9<br />
Commissi<strong>on</strong>s 579.9 1,567.0<br />
penalties 303.6 122.8<br />
Taxes and duties 2,197.2 3,325.9<br />
Advertising 1,187.2 1,033.2<br />
Costs charged <strong>on</strong> 1,983.2 0.0<br />
Rental and lease expenses 111.6 76.8<br />
losses from <strong>the</strong> disposal of tangible assets 55.4 0.0<br />
Translati<strong>on</strong>s 7.0 5.5<br />
Expert opini<strong>on</strong>s 1,660.6 1,396.3<br />
Remunerati<strong>on</strong> for Supervisory Board 58.2 33.0<br />
Miscellaneous 2,689.3 1,420.0<br />
TOTAL 25,000.8 26,631.1<br />
All amounts in TEUR 1 May 2009 – 31 July 2009 1 May 2008 – 31 July 2008<br />
Interest and similar income 33,746.6 60,195.2<br />
Interest and similar expenses -34,238.5 -23,411.5<br />
Net financing costs -491.9 36,783.7<br />
Profit/(loss) <strong>on</strong> financial instruments and proceeds <strong>on</strong> <strong>the</strong> disposal of financial instruments 1,492.1 10,970.1<br />
Share of profit/(loss) from investments in o<strong>the</strong>r companies 2.2 0.0<br />
Valuati<strong>on</strong> of financial instruments at fair value through profit or loss -23,315.0 0.0<br />
Income from distributi<strong>on</strong>s 793.8 797.7<br />
Currency translati<strong>on</strong> adjustments 55,276.0 135,798.1<br />
O<strong>the</strong>r financial results 34,249.1 147,565.9<br />
Financial results 33,757.2 184,349.6<br />
Financial results were influenced above all by high foreign exchange differences. The major currencies for IMMOEAST<br />
AG, such as <strong>the</strong> Polish Zloty, Hungarian Forint and Czech Kr<strong>on</strong>e, increased in relati<strong>on</strong> to <strong>the</strong> Euro during <strong>the</strong> first quarter<br />
of 2009/10.<br />
Profit or loss <strong>on</strong> financial instruments and proceeds <strong>on</strong> <strong>the</strong> disposal of financial instruments include expenses of<br />
TEUR 2,120.4 and income of TEUR 3,673.1 that are attributable to derivative financial instruments.<br />
29