Prospectus-Final (clean) - Malta Financial Services Authority

Statement of comprehensive incomethousands of € Note 2011 2010Finance income (expense) 1Interest income 1,668,160 1,892,652Interest expense (1,757,717) (1,990,370)Other financial income (expense) 2 257,291 129,565Profit (loss) from financial activities 167,734 31,847General and administrative expenses 3 (731) (667)Other operating income 21 36Other operating expenses (1) (0)Profit (loss) from operations (711) (631)Profit (loss) before income taxes 167,023 31,216Income taxes 4 (41,746) (5,554)Profit (loss) after income taxes 125,277 25,662Other comprehensive income - -Profit attributable to owners: 125,277 25,662Total comprehensive income attributable to theowners: 125,277 25,662SIGNIFICANT CHANGE IN FINANCE'S FINANCIAL OR TRADING POSITION, TRENDINFORMATIONThere has been no significant change in the financial or trading position of Finance and no materialadverse change in the prospects of Finance since the publication of its last audited financialstatements as of 31 December 2011.ADMINISTRATIVE, MANAGEMENT AND SUPERVISORY BODIESFinance has both a Supervisory Board and a Board of Managing Directors. These Boards areseparate; no individual may be a member of both. Deutsche Telekom, as the sole shareholder ofFinance, appoints the members of both the Supervisory Board and the Board of Managing Directors.The Supervisory Board supervises the Board of Managing Directors. The Board of Managing Directorsrepresents Finance and is responsible for its management.The members of the Supervisory Board of Finance are at present as follows:Gerhard MischkeSenior Vice President Treasury, Deutsche Telekom AGDieter CazzonelliSenior Vice President Taxes, Deutsche Telekom AGDr. Axel LütznerVice President Legal Affairs, Deutsche Telekom AGThe members of the Board of Managing Directors are at present as follows:Robin SheridanDirk Wehrse127