IMMOEAST Annual Report 2006/07

134 IMMOEAST Annual Report 2006/07
Segment CEE All amounts in TEUR 30 April 2007
Location of property Slovakia Property 15,204.0
Company SCT s.r.o.
Other non-current assets 1,501.3
Date of initial consolidation 21.12.2006
Current assets 537.3
All amounts in TEUR
Cash and cash equivalents
Receivables and other assets
309.6
444.9
Non-current liabilities
Current liabilities
Proportional share of net assets
-6,060.9
-477.7
10,704.0
Deferred tax assets
Property
Financial liabilities
Trade accounts payable
Other liabilities
Provisions
Deferred tax liabilities
Currency translation adjustment
17.4
11,724.1
-4,335.8
-224.3
-95.1
-0.8
-1,169.1
218.1
All amounts in TEUR
Revenues
Revaluation
Operating profit (EBIT)
Financial results
Income taxes
Net profit for the period
2006/07
428.8
2,695.7
2,902.6
33.1
-557.9
2,377.8
Acquired net assets 6,889.2
(Negative) goodwill 1,406.5
Purchase price paid in cash 8,295.7
Less cash and cash equivalents acquired -309.6
Net purchase price for property company 7,986.1
2.3.1.3 Regional subsegment Czech Republic
2.3.1.3.1 Aragonit s.r.o.
The Czech Aragonit s.r.o. was acquired in full as of 1 July 2006, which added the Skofin Office Building in Prague
to the IMMOEAST portfolio. As of 30 May 2006 a 50.50% stake was acquired in My Box Straconice s.r.o., a project
company in the Czech Republic.
The following table shows the acquired assets and liabilities at fair value as well as the consolidated proportional
share of net assets at the individual company level as of the balance sheet date and the income statement of the
company for the period from the acquisition date to the balance sheet date, which is included in the consolidated
financial statements:
Segment CEE
Location of property Czech Republic
Company Aragonit s.r.o.
Date of initial consolidation 1.7.2006
All amounts in TEUR
Cash and cash equivalents 247.5
Receivables and other assets 121.3
Property 11,690.9
Financial liabilities -5,404.3
Trade accounts payable -38.9
Other liabilities -29.4
Provisions -99.3
Deferred tax liabilities -1,516.7
Currency translation adjustment -51.9
Acquired net assets 4,919.2
(Negative) goodwill 1,699.4
Purchase price paid in cash 6,618.6
Less cash and cash equivalents acquired -247.5
Net purchase price for property company 6,371.1
All amounts in TEUR 30 April 2007
Property 15,936.7
Other non-current assets 1,727.1
Current assets 595.9
Non-current liabilities -7,686.5
Current liabilities -382.1
Proportional share of net assets 10,191.1
All amounts in TEUR 2006/07
Revenues 901.5
Revaluation 4,159.7
Operating profit (EBIT) 4,406.2
Financial results -147.4
Income taxes -1,038.2
Net profit for the period 3,220.6