PDF (7.3 MB) - GILDEMEISTER Interim Report 3rd Quarter 2012

138Consolidated Financial Statements of gildemeister Aktiengesellschaft: Notes to the Consolidated Financial StatementsOn 24 June 2010, gildemeister Partecipazioni S.r.l. founded dmg Service DrehenItalia S.r.l. with registered office in Brembate di Sopra, Italy. As a 100% subsidiary, thiscompany is intended to build up sales and service activities in Italy. The share capitalof € 26 k is fully paid up.On 7 September 2010, a+f Italia S.r.l. founded a+f Italia Holding S.r.l. Milan, withshare capital of € 10 k, as a 100% subsidiary. The share capital was fully paid up.On 25 October 2010, dmg France S.a.r.l., Les Ulis, founded a+f SunCarrier Francesas, Les Ulis, as a 100% subsidiary. The share capital amounts to € 10 k and was fullypaid up. The sale and production of SunCarrier products in France should be intensifiedwith this company.On 22 December 2010, deckel maho Pfronten GmbH, Pfronten, founded AlpenhotelKrone Beteiligungsgesellschaft mbH, Pfronten and Alpenhotel Krone GmbH & Co. kg,Pfronten. deckel maho Pfronten holds 100% of the equity in Alpenhotel Krone BeteiligungsgesellschaftmbH. The share capital of € 25 k is paid in as to 50%. The unpaid subscribedcapital amounts to € 13 k. deckel maho Pfronten GmbH is a limited partner in AlpenhotelKrone GmbH & Co. kg, Pfronten, with a limited partner’s interest of € 200 K. The generalpartner is the Alpenhotel Krone Beteiligungsgesellschaft mbH, Pfronten. This investmentlays the foundation for the construction of a modern seminar and conference center forthe gildemeister group.In the months September to December 2010, a+f Italia S.r.l. founded 42 additionalproject companies in the “SunCarrier” business area or acquired 100% of the equity inthe companies. The share capital for all the companies amounts to between € 5 k and€ 10 k and is fully paid up. The initial costs amounted to € 10 k in each case. There wereno undisclosed reserves and encumbrances in the assets and liabilities of the companiesacquired, goodwill has not arisen.The following named companies were classified pursuant to ias 31 as joint ventures.Pursuant to the option under ias 31.38, the equity interests are accounted for at equityfrom the date of their formation or purchase in the consolidated financial statements:_ dmg / Mori Seiki Australia Pty. Ltd., Clayton Victoria, Australia,_ sun carrier omega pvt. ltd., Bhopal, India.consolidated financialstatementsEffective as of 24 February 2010, dmg Vertriebs und Service GmbH, Bielefeld,invested as to 50.0% in dmg / Mori Seiki Australia Pty. Ltd., Clayton Victoria. The sharecapital amounts to aud 3,200 k. dmg Vertriebs und Service GmbH has fully paid up thepro rata amount of the investment of aud 1,600 k (€ 1,218 k). Within the framework ofthe cooperation with Mori Seiki, this equity investment should serve to strengthen theoperations of the sales and service business in the Australian market.