Annual Report 2009/10 Excellence in Retailing - Douglas Holding

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168 Financial statements Facts & figures Consolidated income statement Consolidated balance sheet Statement of changes in Group equity Segment reporting Consolidated Cash Flow statement Notes Notes to the income statement Notes to the balance sheet Auditor’s report to 593 thousand EUR in the previous year; provisions totaling 2,499 thousand EUR have been recognized for variable salary components as of September 30, 2010 (previous year: 3,621 thousand EUR). Supervisory Board remuneration The total remuneration paid to the Supervisory Board of DOUGLAS HOLDING AG is as follows: Supervisory Board remuneration Fixed (in EUR ‘000) 2009/10 2008/09 Variable (in EUR ‘000) Total (in EUR ‘000) Fixed (in EUR ‘000) Variable (in EUR ‘000) Total (in EUR ‘000) Dr. Dr. h.c. Jörn Kreke, Chairman 80.8 23.2 104.0 81.6 26.4 108.0 Margarete Pinkowski, Vice-Chairwoman 55.4 17.4 72.8 55.8 19.8 75.6 Detlef Bierbaum 40.4 11.6 52.0 40.8 13.2 54.0 Ulrike Grabe 30.0 11.6 41.6 30.0 13.2 43.2 Isabelle Harth 30.0 11.6 41.6 30.0 13.2 43.2 Solveig Hasse 30.0 11.6 41.6 30.0 13.2 43.2 Henning R. Kreke 30.0 11.6 41.6 30.0 13.2 43.2 Petra Lügger 30.0 11.6 41.6 30.0 13.2 43.2 Bernd M. Michael 30.0 11.6 41.6 30.0 13.2 43.2 Dr. h.c. August Oetker 40.4 11.6 52.0 40.8 13.2 54.0 Johann Rösch (from April 28, 2010) 15.0 5.8 20.8 0.0 0.0 0.0 Dr. Ernst F. Schröder 50.8 11.6 62.4 51.6 13.2 64.8 Malene Volkers (until March 24, 2010) 15.0 5.8 20.8 30.0 13.2 43.2 Dr. Ulrich Wolters 40.4 11.6 52.0 40.8 13.2 54.0 Prof. Dr. Mark Wössner 30.0 11.6 41.6 30.0 13.2 43.2 Christine Wrobel 30.0 11.6 41.6 30.0 13.2 43.2 Sabine Zimmer 30.0 11.6 41.6 30.0 13.2 43.2 Total 608.2 203.0 811.2 611.4 231.0 842.4 Provisions totaling 811 thousand EUR (fiscal year 2008/09: 842 thousand EUR) were formed for remuneration for the Supervisory Board; of this amount, 608 thousand EUR are fixed and 203 thousand EUR are variable components. The variable component of the Supervisory Boards’ remuneration is based on earnings per share. Share-price oriented models, e.g., stock options, do not exist. Transactions pursuant to section 15 a of the German WpHG (securities trading act) Mr Henning R. Kreke, member of the Supervisory Board, sold a total of 50,000 DOUG- LAS shares at prices ranging between 31.40 and 34.95 EUR per share during the fiscal year under review.
Expenses for auditor’s fees In accordance with section 285 No. 17 HGB, the fees of the auditors, Susat & Partner oHG, for preparing the consolidated financial statements for the fiscal year ended are as follows: Expenses for auditor’s fees 2009/10 (in EUR m) 2008/09 (in EUR m) Audit of the financial statements 0.8 0.8 Other confirmation and valuation services 0.0 0.0 Tax advice 0.0 0.0 Other services 0.1 0.1 Total 0.9 0.9 Declaration of compliance pursuant to section 161 of the German AktG The DOUGLAS HOLDING AG issued an updated declaration of compliance in accordance with section 161 of the German Stock Corporation Law (AktG) in December 2010. This can be read at www.douglas-holding.com. Options according to section 264 (3) and 264 b HGB In application of sections 264 (3) and 264 b HGB, the following German subsidiaries have refrained from disclosing their annual financial statements. Options according to section 264 (3) and 264 b HGB Perfumeries Douglas Cosmetics GmbH Düsseldorf Perfumeries Douglas Einkaufs- und Service Gesellschaft mbH & Co. KG Zossen Perfumeries HELA Kosmetik Handels GmbH & Co. Parfümerie KG Hagen Perfumeries Parfümerie Douglas International GmbH Hagen Perfumeries Parfümerie Douglas GmbH Hagen Perfumeries Parfümerie Douglas Deutschland GmbH Hagen Books Buch & Medien GmbH Hagen Books Thalia Holding GmbH Hamburg Books Kober & Thalia Buchhandelsgruppe GmbH & Co. KG Mannheim Books Reinhold Gondrom GmbH & Co. KG Kaiserslautern Books Thalia Buchhandlung Erich Könnecke GmbH & Co. KG Boysen & Maasch Hamburg Books Thalia Medienservice GmbH Hagen Books Thalia Universitätsbuchhandlung GmbH Hagen Jewelry Christ Juweliere und Uhrmacher seit 1863 GmbH Hagen Fashion inter-moda GmbH Hagen Confectionery Cerrini Confiserie GmbH Hagen Confectionery Hussel Geschenkstudio GmbH Hagen Confectionery Hussel Süßwarenfachgeschäfte GmbH Hagen Services Douglas Corporate Service GmbH Hagen Services Douglas GmbH & Co. Objekt Zeil KG Pullach i. Isartal Services Douglas Immobilien GmbH & Co. KG Hagen Services Douglas Informatik & Service GmbH Hagen Services Douglas Versicherungsvermittlung GmbH Hagen Services Douglas Grundstücks- und Verwaltungsgesellschaft mbH & Co. KG Zossen Financial statements Facts & figures Consolidated income statement Consolidated balance sheet Statement of changes in Group equity Segment reporting Consolidated Cash Flow statement Notes Notes to the income statement Notes to the balance sheet Auditor’s report 169
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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
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Information technology opportunitie
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The data transferred is then automa
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The existing risks both as individu
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in most industrial countries, the s
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cialty retail stores forms a solid
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By relaunching its online presentat
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DIVISIONS CONTENTS 72 Perfumeries 8
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THE WORLD OF BEAUTY First, the good
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Nowy Sa˛ cz, Poland, October 2009
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Natalia Wörner and Michael Michals
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showpiece: “Hilfiger Woman” - a
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Stress-free shopping: Douglas - her
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Established the first-ever Douglas
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Austria’s first multi-channel boo
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Divisions Thalia · Books 87 Tradit
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Thalia in Figures employees, who su
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Capturing the imaginations of Dortm
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Pear shape Round brilliant shape Pr
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Nadia Iram Christ, Frankfurt (Zeil)
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Christ: more than ever before. Empl
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FASHIONS, TOP BRANDS, MULTI-CHANNEL
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Whether her style is casual or clas
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merchandising program, enabling App
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During the 2009/10 financial year H
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Impeccably showcased products: the
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Hussel in Figures Aschaffenburg is
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FINANCIAL STATEMENTS CONTENTS 112 F
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CONSOLIDATED INCOME STATEMENT for t
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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
Page 165 and 166: 31. Fair Values of financial instru
Page 167 and 168: All financial liabilities existing
Page 169 and 170: Financial liabilities In the 2006/0
Page 171: There were no receivables from rela
Page 175 and 176: Significant shareholdings No. Name
Page 177 and 178: Prof. Dr. Mark Wössner Entrepreneu
Page 179 and 180: FURTHER INFORMATION CONTENTS 176 Ov
Page 181 and 182: Overview of the past several years
Page 183 and 184: Fair Value Amount at which an asset
Page 186: www.douglas.de www.thalia.de · www
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