Annual Report 2009/10 Excellence in Retailing - Douglas Holding

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110 Divisions Service Divisions and Companies SERVICE DIVISIONS AND COMPANIES The DOUGLAS Group employs some 1,200 women and men at its administrative headquarters in Hagen – in the holding company’s service divisions, the subsidiaries’ service centers and the independently managed service companies. Their functions and areas of responsibility are as follows: DOUGLAS HOLDING Service Divisions The Controlling department promotes the DOUGLAS Group’s value-oriented development by making contributions to the planning process, issuing monthly forecasts and providing financial oversight of the Group’s investment activities. The Finance section is charged with drawing up the Group’s annual accounts. It also ensures adherence to – and the implementation of – the International Financial Reporting Standards (IFRS), while securing the resources needed by the Group and the liquidity of its subsidiaries. The Investor Relations and Communication sections actively supply shareholders, the media and the financial markets with the accurate and up-to-date information that they require. Group Development advises the Executive Board and subsidiary managers on commercial strategy, methods of optimizing corporate processes, and marketing and merchandising concepts. Group Auditing & Risk Management assists the Executive Board by coordinating the DOUGLAS Group’s risk management functions and performing independent reviews of the internal controlling systems at all of the Group’s domestic and international divisions. Mergers & Acquisitions supports the Executive Board and subsidiary managements in the fields of investment and disinvestment. Human Resources & Administration coordinates core issues relating to personnel strategy and group-wide projects such as staff surveys and employee share issues. Legal & Corporate Affairs is responsible for all legal affairs – extending from acquisitions through to trademark law. The Taxes & Consulting unit provides comprehensive advice to consolidated companies on taxation matters. Service Centers The service centers of the subsidiaries pool functions such as marketing, purchasing, controlling and logistics to support the subsidiaries in their day-to-day operations. Service Companies DOUGLAS Corporate Service GmbH (DCS) is an in-house pro- vider of financial, accounting and payroll services to many of the Group’s companies. It is also responsible for the standardization of the Group’s financial accounts and their compliance with IFRS. It optimizes the systems used in finance and accounting, and manages their processes efficiently. DOUGLAS Informatik & Service GmbH (DIS) ensures the effec- tive use of information technology in the DOUGLAS Group’s business processes. Moreover it is responsible for tapping any potential syner- gies – particularly those in the areas of enterprise resource planning and information, finances and customer relationship management. It also operates the IT center and telecommunications systems and runs a service center providing computing support to Group stores around the world. DOUGLAS Immobilien GmbH & Co. KG acquires rental properties in Germany and beyond for the Group. It also manages and optimizes its real estate portfolio including the 2,000+ current property agreements. Finally it handles all financial transactions relevant to real estate and is responsible for project supervision on major investments. EKV Einkaufsverbund GMBH and EEG Energie-Einkaufsverbund GMBH generate cost benefits for the DOUGLAS Group by pooling orders for non-merchandise goods and negotiating service agreements for multiple divisions. Its activities are focused on utilities (in the German-speaking countries), telecommunications, office supplies and maintenance work. It also manages the office building at the Group’s service headquarters in Hagen. DOUGLAS Versicherungsvermittlung GmbH (DVV) is the Group’s go-to agency for all insurance issues. It negotiates all the policies for the German subsidiaries and handles any claims centrally. It also offers optional advisory services to the foreign subsidiaries. DOUGLAS Leasing GmbH manages the vehicle fleet with the purpose of optimizing costs and generating synergistic benefits for the Group.
FINANCIAL STATEMENTS CONTENTS 112 Facts & figures 113 Consolidated income statement 114 Consolidated balance sheet 115 Statement of changes in Group equity 116 Segment reporting 118 Consolidated Cash Flow statement 119 Notes 135 Notes to the income statement 140 Notes to the balance sheet 174 Auditor’s report Financial statements 111 Financial statements
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Annual Report 2009/10 Excellence in
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U3 DOUGLAS HOLDING AG 1 DOUGLAS HOL
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MISSION STATEMENT DOUGLAS HOLDING A
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to within the foreseeable future. A
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CORPORATE GOVERNANCE DOUGLAS HOLDIN
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167 168 component of the Chief Huma
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Dr. Dr. h.c. Jörn Kreke, Chairman
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Fig. 3 Fig. 2 · Maximum and minimu
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from Executive Board speeches as we
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IMPRESSIONS October 2009 With Dougl
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June 2010 Hussel pilots a “new wo
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DOUGLAS HOLDING AG 19 Mission State
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Valued for their reading tips: Mari
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seminar at the Zeppelin University
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DOUGLAS HOLDING AG Mission Statemen
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MANAGEMENT REPORT CONTENTS Manageme
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KEY RESULTS IN THE 2009/10 FISCAL Y
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All five retailing divisions combin
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Fig. 1 · Targets and results Targe
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ahead at the positive economic outl
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In the fiscal year, Douglas opened
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The operating earnings in the Books
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Fig. 6 · Development of capital ex
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lining, which had a liquidity effec
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DOUGLAS HOLDING AG The DOUGLAS HOLD
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INTERNAL CONTROL SYSTEM AND KEY SUC
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DVA calculation Based on the premis
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Fig. 14 · Employees by division Ch
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development of highly qualified emp
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Corporate responsibility is also an
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“La Margerita” in organic quali
Page 63 and 64: Information technology opportunitie
Page 65 and 66: The data transferred is then automa
Page 67 and 68: The existing risks both as individu
Page 69 and 70: in most industrial countries, the s
Page 71 and 72: cialty retail stores forms a solid
Page 73 and 74: By relaunching its online presentat
Page 75 and 76: DIVISIONS CONTENTS 72 Perfumeries 8
Page 77 and 78: THE WORLD OF BEAUTY First, the good
Page 79 and 80: Nowy Sa˛ cz, Poland, October 2009
Page 81 and 82: Natalia Wörner and Michael Michals
Page 83 and 84: showpiece: “Hilfiger Woman” - a
Page 85 and 86: Stress-free shopping: Douglas - her
Page 87 and 88: Established the first-ever Douglas
Page 89 and 90: Austria’s first multi-channel boo
Page 91 and 92: Divisions Thalia · Books 87 Tradit
Page 93 and 94: Thalia in Figures employees, who su
Page 95 and 96: Capturing the imaginations of Dortm
Page 97 and 98: Pear shape Round brilliant shape Pr
Page 99 and 100: Nadia Iram Christ, Frankfurt (Zeil)
Page 101 and 102: Christ: more than ever before. Empl
Page 103 and 104: FASHIONS, TOP BRANDS, MULTI-CHANNEL
Page 105 and 106: Whether her style is casual or clas
Page 107 and 108: merchandising program, enabling App
Page 109 and 110: During the 2009/10 financial year H
Page 111 and 112: Impeccably showcased products: the
Page 113: Hussel in Figures Aschaffenburg is
Page 117 and 118: CONSOLIDATED INCOME STATEMENT for t
Page 119 and 120: STATEMENT OF CHANGES IN GROUP EQUIT
Page 121 and 122: Financial statements Facts & figure
Page 123 and 124: NOTES TO THE CONSOLIDATED FINANCIAL
Page 125 and 126: IAS 23 “Borrowing Costs” In Mar
Page 127 and 128: public sector have been expanded. T
Page 129 and 130: Group of Consolidated Companies Ger
Page 131 and 132: At-equity consolidation 09/30/2010
Page 133 and 134: 5. Accounting and valuation princip
Page 135 and 136: Financial assets denominated in a f
Page 137 and 138: issued for speculative purposes. De
Page 139 and 140: NOTES TO THE INCOME STATEMENT 6. Sa
Page 141 and 142: 11. Investment result In the previo
Page 143 and 144: 15. Income taxes Income taxes 2009/
Page 145 and 146: Intangible assets - Fiscal year 200
Page 147 and 148: Property, plant and equipment - Fis
Page 149 and 150: Finance leases As of the balance sh
Page 151 and 152: Carrying amounts of goodwill and in
Page 153 and 154: accounts. The write-downs on trade
Page 155 and 156: 23. Assets and liabilities held for
Page 157 and 158: of the fiscal year, which are then
Page 159 and 160: essary information, this plan is qu
Page 161 and 162: Statement of changes in current pro
Page 163 and 164: Cash and cash equivalents are compr
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31. Fair Values of financial instru
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All financial liabilities existing
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Financial liabilities In the 2006/0
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There were no receivables from rela
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Expenses for auditor’s fees In ac
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Significant shareholdings No. Name
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Prof. Dr. Mark Wössner Entrepreneu
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FURTHER INFORMATION CONTENTS 176 Ov
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Overview of the past several years
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Fair Value Amount at which an asset
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www.douglas.de www.thalia.de · www
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