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Annual Financial Statement P&I Personal & Informatik AG April 1 ...

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4. Shares held by P&I <strong>AG</strong><br />

The Company is the parent company for the following subsidiaries as defined by § 290 of the<br />

German Commercial Code (HGB) and which are thereby also affiliated companies according<br />

to § 271 Para. 2 of the German Commercial Code (HGB).<br />

The breakdown of P&I <strong>Personal</strong> & <strong>Informatik</strong> <strong>AG</strong> shareholdings with a direct or indirect share<br />

in the Company's capital, shareholder’s equity and profit or loss for the year as at March 31,<br />

2011 is set out as follows and expressed in ‘000 euros:<br />

In '000 euros<br />

DOMESTIC<br />

P&I Beteiligungs Gesellschaft<br />

mbH, Wiesbaden, Germany<br />

Share in capital<br />

100%<br />

Profit / loss (-)<br />

for the year<br />

2009/2010<br />

Equity of the<br />

company<br />

2009/2010<br />

0 34<br />

FOREIGN<br />

P&I <strong>Personal</strong> & <strong>Informatik</strong> <strong>AG</strong>,<br />

Horgen, Switzerland<br />

P&I <strong>Personal</strong> & <strong>Informatik</strong><br />

100% 831 503<br />

GmbH, Vienna, Austria 100% 611 3,111<br />

P&I Steyr GmbH, Steyr,<br />

155<br />

Austria *)<br />

P&I Personeel & Informatica<br />

100% 11<br />

B.V., Amsterdam, Netherlands 100% 161<br />

P&I <strong>Personal</strong>istika &<br />

<strong>Informatik</strong>a s.r.o., Bratislava,<br />

Slowakia<br />

100%<br />

2,494<br />

77 353<br />

P&I Timemanagement B.V.,<br />

Amsterdam, Netherlands **) 100% 34 12<br />

* Lower-tier subsidiary, 100 per cent subsidiary of P&I <strong>Personal</strong> & <strong>Informatik</strong> GmbH, of Vienna, in Austria<br />

** Lower-tier subsidiary, 100 per cent subsidiary of P&I Personeel & Informatica B.V., of Amsterdam, in the<br />

Netherlands<br />

5. Consolidated financial statements<br />

<strong>Personal</strong> & <strong>Informatik</strong> <strong>AG</strong>, of Wiesbaden, is quoted on the Prime Standard of the Frankfurt<br />

Stock Exchange and, as the parent company of the P&I Group, has compiled this<br />

consolidated financial statement in compliance with the IFRS regulations. The annual<br />

financial statement and the P&I <strong>Personal</strong> & <strong>Informatik</strong> <strong>AG</strong>, of Wiesbaden, management<br />

report included with the Group management report as well as the P&I Group’s consolidated<br />

financial statement for fiscal 2010/2011 will be published in the electronic pages of the<br />

Bundesanzeiger together with the auditor’s certificate. They will also be published on our<br />

company’s internet site. Furthermore, copies can be requested from P&I <strong>Personal</strong> &<br />

<strong>Informatik</strong> <strong>AG</strong>, Kreuzberger Ring 56, 65205 Wiesbaden, Germany.<br />

P&I <strong>AG</strong>’s consolidated financial statement has neither been included in the consolidated<br />

financial statement released by their parent company, Argon GmbH, of Munich, nor in the<br />

consolidated financial statement released by their associate company, CETP Investment 1<br />

Sarl, of Luxemburg, as these Companies are not responsible for releasing this information in<br />

their own consolidated financial statements. The ultimate parent company in the of the Group<br />

20

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