IMMOEAST Annual Report 2006/07

2.3.4Impactofinitialconsolidations
Point 2.3 presents the companies that were initially consolidated during 2006/07. The previous section shows the
impact of the acquisition or founding of major companies, while the following section presents the companies that
hold investment property as defined in IAS 40. 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 CEE CEE CEE CEE CEE
Location of property Poland Poland Poland Poland Poland Poland
Salzburg Center Xantium Equator Real Zenith Real Nimbus Real Cirrus Real
Company Development S.A Sp. z o.o. Sp. z o.o. Sp. z o.o. Sp. z o.o. Sp. z o.o.
Initial consolidation 31.7.2006 4.8.2006 28.8.2006 28.8.2006 28.8.2006 28.8.2006
All amounts in TEUR
Cash and cash equivalents 107.1 0.0 7.7 2.5 6.3 6.3
Receivables and other assets 2,585.7 0.0 28.5 16.3 13.8 13.8
Deferred tax assets 64.1 0.0 1.6 0.0 0.0 0.0
Property 20,824.8 0.0 1,048.5 1,048.5 1,048.5 1,048.5
Financial liabilities 0.0 0.0 -931.0 -639.9 -607.2 -610.6
Trade accounts payable -912.7 0.0 -18.1 -19.9 -17.5 -17.8
Other liabilities -16,786.4 0.0 -133.4 -134.7 -104.8 -105.2
Deferred tax liabilities -1,174.0 0.0 -43.8 -99.4 -106.0 -105.2
Currency translation adjustment 7.5 12.0 -59.7 -56.3 -56.2 -56.2
Acquired net assets 4,716.1 12.0 -99.6 117.1 177.0 173.6
(Negative) goodwill -4,979.1 0.0 2,234.8 1,899.2 1,833.0 1,836.3
Outstanding purchase price 0.0 0.0 0.0 0.0 0.0 0.0
Purchase price paid in cash -263.0 12.0 2,135.2 2,016.3 2,009.9 2,009.9
Less cash and cash equivalents acquired -107.1 0.0 -7.7 -2.5 -6.3 -6.3
Net purchase price for project company -370.2 12.0 2,127.4 2,013.9 2,003.6 2,003.7
All amounts in TEUR 30 April 2007
Property 34,606.0 81,555.9 4,311.8 3,451.4 6,251.5 3,321.1
Other non-current assets 190.5 586.6 357.5 573.0 1,112.3 552.9
Current assets 2,659.1 20,437.7 399.9 33.6 36.1 35.8
Non-current liabilities -3,821.8 -957.2 -3,286.2 -1,273.6 -1,774.6 -1,220.3
Current liabilities -106.9 -380.6 -22.8 -2.8 -3.0 -2.7
Proportional share of net assets 33,526.9 101,242.4 1,760.3 2,781.6 5,622.3 2,686.8
All amounts in TEUR 2006/07
Revenues 6.8 2,993.8 0.0 0.0 0.0 0.0
Revaluation 13,312.5 719.8 1,574.0 2,360.6 5,126.5 2,232.0
Operating profit (EBIT) 17,720.3 2,751.1 -370.0 1,003.9 4,369.7 921.3
Financial results 108.9 -1,374.0 83.2 -23.1 -21.7 -21.5
Notes
Income taxes -2,477.5 -327.8 -301.3 -439.6 -964.2 -416.2
Net profit for the period 15,351.7 1,049.4 -588.2 541.2 3.383.8 483.7
Report by the Executive Board 157
Highlights 2006/07
Business Model and Strategy
Portfolio Structure
Corporate Governance and Outlook
Property Portfolio
Development of Business
Consolidated Financial Statements
Service and Glossary