DOCSLIB.ORG

Annual Report 2009

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text

Load more

Annual Report 2009 Consolidated financial statements of freenet AG freenet AG · Hollerstraße 126 · 24782 Büdelsdorf List of contents 1. To our shareholders . 5 1.1 Key fi gures . 7 1.2 Key events of the fi nancial year 2009 in the freenet Group . 9 1.3 Letter to shareholders . 11 1.4 Supervisory Board report . 13 1.5 The freenet share . 19 1.6 Corporate Governance report . 24 2. Group management report . 33 2.1 Business operations and Group structure . 35 2.2 Business and macroeconomic conditions . 37 2.3 Sustainability report . 44 2.4 Assets, fi nancial position and results . 46 2.5 Risk report . 52 2.6 Information required under takeover law (clause 315 paragraph 4 of the German Commercial Code HGB) . 60 2.7 Compensation report of the Executive Board and the Supervisory Board . 62 2.8 Supplementary report . 67 2.9 Opportunities and forecast . 68 3. Consolidated fi nancial statements . 71 3.1 Overview . 73 3.2 Consolidated income statement and consolidated statement of comprehensive income for the period from 1 January to 31 December 2009 . 74 3.3 Consolidated balance sheet as of 31 December 2009 . 76 3.4 Schedule of changes in equity for the period from 1 January to 31 December 2009 . 78 3.5 Consolidated statement of cash fl ows from 1 January to 31 December 2009 . 79 3.6 Consolidated statements of movements in non-current assets as of 31 December 2009 . 80 Consolidated statements of movements in non-current assets as of 31 December 2008 . 82 3.7 Notes to the consolidated fi nancial statements of freenet AG for the period ended 31 December 2009. 84 3.8 Auditor’s Report . 163 3.9 Responsibility statement . 164 4. Further information . 165 4.1 Historical time series of quarterly fi gures Q1/2008 to Q3/2009 according to IFRS (retro spective adjustment) as well as Q4/2009 . 167 4.2 Mobile Communications segment: Historical time series of pro-forma quarterly fi gures Q1/2008 to Q3/2008 as well as Q4/2008 to Q4/2009 . 168 4.3 Glossary . 169 4.4 Financial Calender . 174 4.5 Imprint, contact, publications . 175 annual report 2009 3 1. To our shareholders From left to right: Christoph Vilanek, Chief Executive Offi cer (CEO) Axel Krieger, Chief Financial Offi cer (CFO) Joachim Preisig, Chief Offi cer Operations&Integration Stephan Esch, Chief Technical Offi cer (CTO) 1. To our shareholders 1.1 Key fi gures Result in € million 2009 2008 Q4/2009 Q3/2009 Q4/2008 adjusted¹ adjusted² adjusted¹ Third-party revenue 3,650.7 2,776.5 941.1 929.8 1,065.8 Gross profi t 774.6 563.6 208.8 191.7 201.8 EBITDA 327.1 172.1 100.6 80.8 6.9 EBITDA recurring 393.1 255.0 120.9 98.8 80.4 EBIT 123.3 58.9 48.1 32.3 –44.1 EBT 35.6 –28.8 27.5 14.5 –92.5 Group result from continued operations 16.6 127.5 11.9 –11.3 –73.6 Group result from discontinued operations 239.9 –15.9 232.6 13.4 21.0 Group result 256.5 111.6 244.4 2.1 –52.6 Earnings per share (€) 2.00 1.01 1.91 0.02 –0.41 Balance 2009 2008 Q4/2009 Q3/2009 Q4/2008 adjusted¹ adjusted² adjusted¹ Balance sheet total in € million 3,033.5 3,107.5 3,033,5 2,982.1 3,107.5 Shareholders’ equity in € million 1,047.8 791.3 1,047.8 802.8 791.3 Equity ratio in % 34.5 25.5 34.5 26.9 25.5 Finances and investments in € million 2009 2008 Q4/2009 Q3/2009 Q4/2008 adjusted¹ adjusted² adjusted¹ Cash fl ow from operating activities³ 295.5 73.6 38.1 92.0 3.4 Depreciation and amortisation 203.8 113.1 52.5 48.5 50.9 Investments³ 69.9 42.8 18.4 14.0 14.2 Net cash³, ⁴ –789.8 –1,303.8 –789.8 –1,138.4 –1,303.8 Share 2009 2008 Q4/2009 Q3/2009 Q4/2008 Closing price XETRA (€) 9.39 4.15 9.39 9.33 4.15 Number of ordinary shares (in thousand) 128,061 128,061 128,061 128,061 128,061 Market capitalisation (in € thousand) 1,202,493 531,453 1,202,493 1,194,809 531,453 1 The previous year comparison fi gures have been adjusted retrospectively due to IFRS 5 (presentation of the STRATO Group as a discontinued operation). Furthermore retrospective reclassifi cations were made within the income statement items relating to continued operations because the contract between freenet AG and 1&1 Inter- net AG regarding the sale of the DSL business has now been signed. 2 The comparison fi gures have been adjusted retrospectively due to IFRS 5 (inclusion of the DSL distribution unit in the discontinued operation “DSL Business”). 3 This information relates to the overall Group (including discontinued operations). 4 Starting in Q4/2009, freenet has decided to present the key fi gure “net cash” as the balance of cash and cash equivalents and fi nancial liabilities. The inclusion of the retirement benefi t obligations, which had a reducing eff ect, is no longer made. The previous year fi gures were adjusted accordingly. annual report 2009 7 1. to our shareholders 2. group management report 3. consolidated financial statements 4. further information Business performance by segment in € million 2009 2008 Q4/2009 Q3/2009 Q4/2008 adjusted¹ adjusted² adjusted¹ Third-party revenue for the Group³ 3,650.7 2,776.5 941.1 929.8 1,065.8 1. Revenue Mobile Communications 3,508.8 2,654.7 907.2 897.3 1,058.2 2. Revenue Broadband 232.3 302.6 42.0 61.1 68.8 3. Revenue Portal 43.3 47.8 12.7 9.9 11.5 4. Revenue Hosting 91.1 87.7 23.2 22.8 22.4 5. Revenue B2B 70.1 101.0 16.1 16.3 27.5 6. Revenue Narrowband 42.1 76.0 9.1 9.5 15.3 Group gross profi t³ 774.6 563.6 208.8 191.7 201.8 1. Gross profi t Mobile Communications 708.2 468.9 191.6 175.8 185.5 2. Gross profi t Broadband 67.1 64.1 14.9 22.0 11.1 3. Gross profi t Portal 25.3 35.2 6.2 6.3 9.1 4. Gross profi t Hosting 74.8 71.6 19.5 18.8 17.8 5. Gross profi t B2B 17.7 25.6 5.5 3.5 6.2 6. Gross profi t Narrowband 27.8 48.9 6.1 6.2 9.7 Selected key data 2009 2008 Q4/2009 Q3/2009 Q4/2008 Total customers freenet Group in million⁴ 18.94 21.05 18.94 19.02 21.05 Thereof contract customers (incl. no-frills) in million 9.10 9.63 9.10 9.19 9.63 Mobile Communications⁵ Mobile Communications customers in million 17.58 19.12 17.58 17.62 19.12 Thereof contract customers in million 8.43 8.83 8.43 8.46 8.83 Thereof prepaid customers in million 9.15 10.29 9.15 9.16 10.29 Gross new customers in million 4.28 17.21 1.27 1.09 1.42 Net additions in million –1.54 13.42 –0.04 –0.33 –0.85 Monthly average revenue per user (ARPU) Contract customer in € 24.2 25.3 24.1 24.8 25.2 No-frills customer in € 5.4 5.7 5.3 6.0 5.5 Prepaid customer in € 3.0 3.2 3.1 3.2 3.0 Active Narrowband customers (internet + telephony) in million 0.87 1.41 0.87 0.88 1.41 Active registered members in million 6.88 7.92 6.88 7.16 7.92 Paid service customers Portal in million 0.48 0.52 0.48 0.52 0.52 Employees at the end of period 4,394 7,255 4,394 6,311 7,255 1 The previous year comparison fi gures have been adjusted retrospectively due to IFRS 5 (presentation of the STRATO Group as a discontinued operation). Furthermore retrospective reclassifi cations were made within the income statement items relating to continued operations because the contract between freenet AG and 1&1 Inter- net AG regarding the sale of the DSL business has now been signed. 2 The comparison fi gures have been adjusted retrospectively due to IFRS 5 (inclusion of the DSL distribution unit in the discontinued operation “DSL Business”). 3 The diff erences in revenue/gross profi t between the sum of the individual segments and the total segments are the result of eff ects under IFRS 5 and interdivision set- tlements. 4 Without DSL and without Hosting. 5 Only Germany. 8annual report 2009 1.2 Key events of the fi nancial year 2009 in the freenet Group January ■ freenet and the Media-Saturn group sign an early renewal of their exclusive distribution partnership in marketing mobile communications products in the group’s electronic stores. April ■ Christoph Vilanek is appointed Chief Executive Offi cer of freenet AG with eff ect from 1 May 2009. ■ freenet signs a reconciliation of interests and redundancy programme with the workers’ councils at the Stuttgart/Ettlingen and Elmshorn sites. May ■ Launch of the newly created mobile communications brand “mobilcom-debitel”, accompanied by a major advertising campaign. ■ freenet sells its DSL business to 1&1 Internet AG, a subsidiary of United Internet AG.
Recommended publications
  • Retirement Strategy Fund 2060 Description Plan 3S DCP & JRA

    Retirement Strategy Fund 2060 Description Plan 3S DCP & JRA

    Retirement Strategy Fund 2060 June 30, 2020 Note: Numbers may not always add up due to rounding. % Invested For Each Plan Description Plan 3s DCP & JRA ACTIVIA PROPERTIES INC REIT 0.0137% 0.0137% AEON REIT INVESTMENT CORP REIT 0.0195% 0.0195% ALEXANDER + BALDWIN INC REIT 0.0118% 0.0118% ALEXANDRIA REAL ESTATE EQUIT REIT USD.01 0.0585% 0.0585% ALLIANCEBERNSTEIN GOVT STIF SSC FUND 64BA AGIS 587 0.0329% 0.0329% ALLIED PROPERTIES REAL ESTAT REIT 0.0219% 0.0219% AMERICAN CAMPUS COMMUNITIES REIT USD.01 0.0277% 0.0277% AMERICAN HOMES 4 RENT A REIT USD.01 0.0396% 0.0396% AMERICOLD REALTY TRUST REIT USD.01 0.0427% 0.0427% ARMADA HOFFLER PROPERTIES IN REIT USD.01 0.0124% 0.0124% AROUNDTOWN SA COMMON STOCK EUR.01 0.0248% 0.0248% ASSURA PLC REIT GBP.1 0.0319% 0.0319% AUSTRALIAN DOLLAR 0.0061% 0.0061% AZRIELI GROUP LTD COMMON STOCK ILS.1 0.0101% 0.0101% BLUEROCK RESIDENTIAL GROWTH REIT USD.01 0.0102% 0.0102% BOSTON PROPERTIES INC REIT USD.01 0.0580% 0.0580% BRAZILIAN REAL 0.0000% 0.0000% BRIXMOR PROPERTY GROUP INC REIT USD.01 0.0418% 0.0418% CA IMMOBILIEN ANLAGEN AG COMMON STOCK 0.0191% 0.0191% CAMDEN PROPERTY TRUST REIT USD.01 0.0394% 0.0394% CANADIAN DOLLAR 0.0005% 0.0005% CAPITALAND COMMERCIAL TRUST REIT 0.0228% 0.0228% CIFI HOLDINGS GROUP CO LTD COMMON STOCK HKD.1 0.0105% 0.0105% CITY DEVELOPMENTS LTD COMMON STOCK 0.0129% 0.0129% CK ASSET HOLDINGS LTD COMMON STOCK HKD1.0 0.0378% 0.0378% COMFORIA RESIDENTIAL REIT IN REIT 0.0328% 0.0328% COUSINS PROPERTIES INC REIT USD1.0 0.0403% 0.0403% CUBESMART REIT USD.01 0.0359% 0.0359% DAIWA OFFICE INVESTMENT
  • FACTSHEET - AS of 28-Sep-2021 Solactive Mittelstand & Midcap Deutschland Index (TRN)

    FACTSHEET - AS of 28-Sep-2021 Solactive Mittelstand & Midcap Deutschland Index (TRN)

    FACTSHEET - AS OF 28-Sep-2021 Solactive Mittelstand & MidCap Deutschland Index (TRN) DESCRIPTION The Index reflects the net total return performance of 70 medium/smaller capitalisation companies incorporated in Germany. Weights are based on free float market capitalisation and are increased if significant holdings in a company can be attributed to currentmgmtor company founders. HISTORICAL PERFORMANCE 350 300 250 200 150 100 50 Jan-2010 Jan-2012 Jan-2014 Jan-2016 Jan-2018 Jan-2020 Jan-2022 Solactive Mittelstand & MidCap Deutschland Index (TRN) CHARACTERISTICS ISIN / WKN DE000SLA1MN9 / SLA1MN Base Value / Base Date 100 Points / 19.09.2008 Bloomberg / Reuters MTTLSTRN Index / .MTTLSTRN Last Price 342.52 Index Calculator Solactive AG Dividends Included (Performance Index) Index Type Equity Calculation 08:00am to 06:00pm (CET), every 15 seconds Index Currency EUR History Available daily back to 19.09.2008 Index Members 70 FACTSHEET - AS OF 28-Sep-2021 Solactive Mittelstand & MidCap Deutschland Index (TRN) STATISTICS 30D 90D 180D 360D YTD Since Inception Performance -3.69% 3.12% 7.26% 27.72% 12.73% 242.52% Performance (p.a.) - - - - - 9.91% Volatility (p.a.) 13.05% 12.12% 12.48% 13.60% 12.90% 21.43% High 357.49 357.49 357.49 357.49 357.49 357.49 Low 342.52 329.86 315.93 251.01 305.77 52.12 Sharpe Ratio -2.77 1.14 1.27 2.11 1.40 0.49 Max. Drawdown -4.19% -4.19% -4.19% -9.62% -5.56% -47.88% VaR 95 \ 99 -21.5% \ -35.8% -34.5% \ -64.0% CVaR 95 \ 99 -31.5% \ -46.8% -53.5% \ -89.0% COMPOSITION BY CURRENCIES COMPOSITION BY COUNTRIES EUR 100.0% DE
  • Euronext Eurozone 300 Factsheet

    Euronext Eurozone 300 Factsheet

    EZ300 Factsheet 1/8 Euronext ® Eurozone 300 Objective The Euronext ® Eurozone 300 tracks the performance of a portfolio of 300 stocks in Eurozone, ranked by their free float market capitalization. Constituents are reviewed on a quarterly basis and their weights are reset based on their free float market capitalization at the quarterly rebalances. The index serves as an underlying for structured products, funds and exchange traded funds. Investability Stocks are screened to ensure liquidity to ensure that the index is investable. Transparency The index rules are available on our website. Euronext acts as Supervisor. All our rulebooks can be found on the following webpage: https://live.euronext.com/en/products-indices/index-rules. Statistics Mar-21 Market Capitalization EUR Bil Performance (%) Fundamentals Full 6 850,95 Q1 2021 8,55% P/E Incl. Neg LTM 54,18 Free float 5 085,53 YTD 8,55% P/E Incl. Neg FY1 15,18 2020 -2,72% P/E excl. Neg LTM 59,43 2019 22,32% P/E excl. Neg FY1 23,90 Components (full) EUR Bil 2018 -14,12% Price/Book 4,11 Average 22,86 Price/Sales 4,06 Median 11,32 Annualized (%) Price/Cash Flow 9,05 Largest 286,75 2 Year 7,64% Dividend Yield (%) 2,22 Smallest 1,89 3 Years 4,56% 5 Years 5,89% Risk Component Weights (%) Since Base Date 31-Dec-2005 1,87% Sharpe Ratio 1 Year not calc. Largest 4,27 Volatility 30 Day 11,48 Smallest 0,03 Top ten 23,88 Performance of other versions EZ3NR EZ3GR WLENV Euronext Eurozone 300 NR Euronext Eurozone 300 GR (%) (%) Q1 2021 8,81% Q1 2021 8,89% YTD 8,81% YTD 8,89% 2020 -0,84% 2020 -0,24% 2019 25,51% 2019 26,57% 2018 -12,04% 2018 -11,37% This publication is for information purposes only and is not a recommendation to engage in investment activities.
  • Drillisch AG ANNUAL Report 2007 Facts and Figures Key Indicators of the Drillisch Group

    Drillisch AG ANNUAL Report 2007 Facts and Figures Key Indicators of the Drillisch Group

    DRILLISCH AG ANNUAL REPORT 2007 FACTS AND FIGURES Key Indicators of the Drillisch Group Drillisch-Group 2007 2006 2005 Turnover in €m 361.5 282.2 323.2 Wireless service division in €m 361.2 282.1 323.0 Software services in €m 0.3 0.1 0.2 EBITDA in €m 39.8 32.0 27.8 EBITDA, adjusted, in €m 38.0 29.3 27.8 EBIT in €m 34.0 28.8 24.0 EBT in €m 27.7 28.1 25.1 Consolidated profits in €m 24.3 17.2 14.4 Profit/loss per share in € 0.66 0.54 0.45 EBITDA margin in % of turnover 11.0 11.3 8.6 EBIT margin in % of turnover 9.4 10.2 7.4 EBT margin in % of turnover 7.7 9.9 7.8 Consolidated profit margin in % of turnover 6.7 6.1 4.5 Equity ratio (equity % of balance sheet total) 60.5 44.8 63.9 Return of equity (ROE) (ratio Group result to equity) 21.7 24.3 24.9 Cash flow from current business operations in €m 5.4 23.4 15.6 Depreciation excluding goodwill in €m 5.8 3.2 3.8 Investments (in tangible and intangible fixed assets), adjusted, in €m 2.8 4.2 3.7 Staff as annual average (incl. Management Board) 374 306 332 Wireless services customers as per 31/12 (approx. in thousands) 2,201 1,763 1,701 Wireless services customers Debit 1,359 1,194 1,186 Wireless services customers Credit 842 569 515 2 Drillisch Annual Report 2007 TaBLE OF CONTENT Facts and Figures 2 To Our Shareholders 4 Letter from the Management Board 4 Report of the Supervisory Board 6 Corporate Governance 9 Investor Relations-Report 13 The Drillisch Group and the market enviroment 18 Marketing Report 22 simply Makes a Clear Statement on the Wireless Services Discount Market 23 simply Expands
  • INVITATION BERENBERG Is Delighted to Invite You to Its

    INVITATION BERENBERG Is Delighted to Invite You to Its

    INVITATION BERENBERG is delighted to invite you to its EUROPEAN CONFERENCE 2021 on Monday 6th – Thursday 9th December 2021 at Pennyhill Park Hotel & Spa London Road • Bagshot • Surrey • GU19 5EU • United Kingdom LIST OF ATTENDING COMPANIES (SUBJECT TO CHANGE) A&D, Automotive & Construction Capital Goods & Industrial Engineering Consumer, Beverages, Food Manufacturing & HPC Balfour Beatty plc Alfen NV Anheuser-Busch InBev SA/NV Faurecia SA Aluflexpack AG Bike24 Holding AG Kingspan Group plc ASSA ABLOY AB Boozt AB Marshalls plc BELIMO AG Britvic plc Montana Aerospace AG Bucher Industries AG EssilorLuxottica SA MTU Aero Engines AG Ceres Power Holdings plc Fevertree Drinks plc Rolls-Royce Holdings plc Dürr AG FIELMANN AG Victoria plc Electrocomponents plc Givaudan SA (Virtual) FASTNED B.V. Glanbia plc Banks, Diversified Financials & Insurance Husqvarna Group AB (Virtual) Global Fashion Group Aurelius Jungheinrich AG Greenyard NV Burford Capital Ltd KION GROUP AG Greggs plc Deutsche Börse AG (Virtual) Knorr-Bremse AG Henkel AG & Co KGaA Direct Line Group plc Marel hf (Virtual) Encavis McPhy Energy SA home24 SE FinecoBank S.p.A (Virtual) NX Filtration Leifheit AG flatexDEGIRO AG RATIONAL AG Maisons du Monde GRENKE AG Rexel SA Marks & Spencer Group Plc HSBC Holdings plc Rotork plc MIPS AB M&G plc Schneider Electric SA (Virtual) Mister Spex GmbH MBB SE Siemens Energy AG Nestlé SA (Virtual) Nordnet AB Spirax-Sarco Engineering plc Pets at Home Group plc Partners Group Stabilus S.A. Shop Apotheke Europe NV Sampo Oyj Strix Group Plc Zur Rose Group
  • HALF-YEAR REPORT AS of 30 JUNE 2020 H1/2020 Contents | Overview of Key Financials CONTENTS

    HALF-YEAR REPORT AS of 30 JUNE 2020 H1/2020 Contents | Overview of Key Financials CONTENTS

    HALF-YEAR REPORT AS OF 30 JUNE 2020 H1/2020 Contents | Overview of key financials CONTENTS OVERVIEW OF KEY FINANCIALS 01 TO OUR SHAREHOLDERS 04 INTERIM GROUP MANAGEMENT REPORT 11 CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS 27 FURTHER INFORMATION 45 Overview of key financials 01 OVERVIEW OF KEY FINANCIALS ¹ GROUP OPERATIONS In EUR millions / as indicated 1st half 2020 1st half 2019 Q2/2020 Q1/2020 Q2/2019 Revenue 1,271.0 1,389.0 622.1 648.8 699.1 Revenue exclusive of MOTION TM 2 1,271.0 1,246.7 622.1 648.8 624.3 Gross profit 425.7 446.7 212.5 213.2 219.4 EBITDA 213.9 215.5 109.7 104.2 107.5 EBIT 135.4 138.2 70.5 64.9 68.8 EBT 123.1 123.1 65.3 57.8 62.0 Consolidated profit 109.3 111.6 58.1 51.2 55.5 Earnings per share in EUR (diluted / basic) 0.88 0.91 0.46 0.41 0.45 BALANCE SHEET In EUR millions / as indicated 30.6.2020 30.6.2019 30.6.2020 31.3.2020 30.6.2019 Total equity and liabilities 4,721.2 4,911.6 4,721.2 4,764.6 4,911.6 Equity 1,350.7 1,242.0 1,350.7 1,268.4 1,242.0 Equity ratio in % 28.6 25.3 28.6 26.6 25.3 FINANCES AND INVESTMENTS In EUR millions 1st half 2020 1st half 2019 Q2/2020 Q1/2020 Q2/2019 Free cash flow 140.7 126.7 90.8 49.9 81.5 Depreciation, amortisation and impairment 78.5 77.3 39.2 39.3 38.7 Net investments (CAPEX) 17.3 15.6 9.5 7.8 8.7 Net debt 1,891.5 2,175.1 1,891.5 1,987.4 2,175.1 Adjusted net debt 918.0 1,272.1 918.0 1,153.3 1,272.1 SHARE As indicated 30.6.2020 30.6.2019 30.6.2020 31.3.2020 30.6.2019 Closing price Xetra in EUR 14.32 17.60 14.32 16.07 17.60 Number of issued shares in ’000s 128,061 128,061
  • 1&1 Telecom Gmbh Aachener Bausparkas

    1&1 Telecom Gmbh Aachener Bausparkas

    1&1 Internet AG 1 & 1 Mail & Media GmbH 1-2-FLY GmbH (Tui Interactive GmbH) 1&1 Telecom GmbH Aachener Bausparkasse AG AachenerMünchener Lebensversicherung AG AachenMünchener Versicherung AG AbfallWirtschaftsGesellschaft mbH (AWG) Bassum ADAC e. V. ADVOCARD Rechtsschutzversicherung AG Adyen e. V. Aktion Mensch e.V. Allianz Deutschland AG Allianz Lebensversicherungs-Aktiengesellschaft Allianz Private Krankenversicherungs-Aktiengesellschaft Allianz Versicherungs-Aktiengesellschaft Alte Leipziger Lebensversicherung a. G. Alte Leipziger Versicherung AG Alte Oldenburger Krankenversicherung AG AMB Generali Informatik Services GmbH American Express International AOK Bremen/Bremerhaven AOK Die Gesundheitskasse für Niedersachsen AOK Diepholz AOK Diepholz (Pflegekasse) ARAG Allgemeine Versicherungs-AG ARAG Krankenversicherungs-AG ARAG SE Arbeiter-Samariter-Bund Deutschland e.V. Arbeitsamt Nienburg Arbeitsamt Nienburg (Kindergeldkasse) ARCOR / Vodafone GmbH ARD Fernsehlotterie ARD ZDF Deutschlandradio Beitragsservice Ärzteversorgung Niedersachsen ASPECTA Lebensversicherung AG Avacon Netz GmbH AXA Versicherung AG Axel Springer SE B+S Payone GmbH Barmenia Versicherungen Barmer Ersatzkasse BASF SE Basler Sachversicherungs-AG Bauer Vertriebs KG Bausparkasse Schwäbisch Hall Bayerische Beamtenkrankenkasse AG BFA Berlin (Deutsche Rentenversicherung Bund) BHW Bausparkasse AG BKK Mobil Oil BMW Bank GmbH Boesche Unternehmensgruppe Bundesagentur für Arbeit Bundesagentur für Arbeit – Service-Haus Bundesagentur für Arbeit- Familienkasse Bundeskasse Kiel Bundeskasse
  • Holdings As of June 30, 2021

    Holdings As of June 30, 2021

    Units Cost Market Value INTERNATIONAL EQUITY FUND-I International Equities 97.27% International Common Stocks AUSTRALIA ABACUS PROPERTY GROUP 4,781 10,939 11,257 ACCENT GROUP LTD 3,078 2,769 6,447 ADBRI LTD 224,863 495,699 588,197 AFTERPAY LTD 18,765 1,319,481 1,662,401 AGL ENERGY LTD 3,897 48,319 23,926 ALTIUM LTD 11,593 214,343 319,469 ALUMINA LTD 10,311 14,655 12,712 AMP LTD 18,515 29,735 15,687 APA GROUP 2,659 20,218 17,735 APPEN LTD 20,175 310,167 206,065 ARENA REIT 2,151 5,757 5,826 ASX LTD 678 39,359 39,565 ATLAS ARTERIA LTD 5,600 25,917 26,787 AURIZON HOLDINGS LTD 10,404 32,263 29,075 AUSNET SERVICES LTD 9,482 10,386 12,433 AUSTRALIA & NEW ZEALAND BANKIN 22,684 405,150 478,341 AVENTUS GROUP 2,360 4,894 5,580 BANK OF QUEENSLAND LTD 2,738 17,825 18,706 BEACH ENERGY LTD 5,466 6,192 5,108 BEGA CHEESE LTD 1,762 6,992 7,791 BENDIGO & ADELAIDE BANK LTD 2,573 19,560 20,211 BHP GROUP LTD 9,407 243,370 341,584 BHP GROUP PLC 75,164 1,584,327 2,212,544 BLUESCOPE STEEL LTD 2,905 24,121 47,797 BORAL LTD 4,848 16,859 26,679 BRAINCHIP HOLDINGS LTD 5,756 2,588 2,112 BRAMBLES LTD 153,566 1,133,082 1,318,725 BRICKWORKS LTD 375 4,689 7,060 BWP TRUST 2,988 8,177 9,530 CARSALES.COM LTD 466 6,896 6,916 CENTURIA INDUSTRIAL REIT 2,943 6,264 8,191 CENTURIA OFFICE REIT 190,589 261,156 334,222 CHALICE MINING LTD 464 3,129 2,586 CHALLENGER LTD 3,038 15,904 12,335 CHARTER HALL LONG WALE REIT 3,600 12,905 12,793 CHARTER HALL RETAIL REIT 148,478 395,662 422,150 CHARTER HALL SOCIAL INFRASTRUC 2,461 5,340 6,404 CIMIC GROUP LTD 409 6,668 6,072 COCHLEAR LTD 2,492
  • 18Th German Corporate Conference

    18Th German Corporate Conference

    18th German Corporate Conference Programme Frankfurt, 21 – 23 January 2019 More than 170 companies confirmed their participation Tue 1&1 Drillisch AG* Mon, Tue Covestro AG Mon Hamburger Hafen und Logistik AG Wed Munich Re* Mon Ströer SE & Co. KGaA Wed Aareal Bank AG Wed CropEnergies AG Wed Hannover Rück SE Tue Mutares AG Tue Südzucker AG* Mon-Wed adidas Group* Mon CTS EVENTIM AG & Co. KG aA* Wed Hapag-Lloyd Aktiengesellschaft Tue NEMETSCHEK SE Tue Symrise AG Wed Adler Modemärkte AG Wed Delivery Hero SE Wed Hawesko Holding AG* Tue Nordex SE Mon TAG Immobilien AG Mon ADLER Real Estate AG* Wed Deutsche Börse AG Mon HeidelbergCement AG Mon, Wed NORMA Group SE Wed TAKKT AG Wed AGRANA Beteiligungs-AG* Tue Deutsche EuroShop AG* Mon Heidelberger Druckmaschinen AG Tue OSRAM Licht AG Wed Talanx AG* Wed AIXTRON SE* Tue, Wed Deutsche Lufthansa AG Tue HELLA KGaA Hueck & Co.* Tue PALFINGER AG Tue Tele Columbus AG* Wed Allianz SE* Wed Deutsche Pfandbriefbank AG Tue HOCHTIEF Aktiengesellschaft* Mon PATRIZIA Immobilien AG Tue Telefónica Deutschland Holding AG Tue alstria office REIT-AG* Mon Deutsche Telekom AG* Tue, Wed Hugo Boss AG Mon Pfeiffer Vacuum Technology AG* Tue thyssenkrupp AG* Wed ANDRITZ AG* Mon, Tue Deutsche Wohnen SE Tue IMMOFINANZ AG Tue PORR AG Tue TLG IMMOBILIEN AG Tue Aroundtown S.A. Mon Deutz AG Mon innogy SE* Tue Porsche Automobil Holding SE* Wed TOM TAILOR Holding SE* Mon AT&S AG Mon, Tue Dialog Semiconductor plc Mon Instone Real Estate Group AG Tue, Wed ProCredit Holding AG & Co. KGaA Tue, Wed TUI Group Tue Aurubis AG Wed Drägerwerk AG & Co.
  • Victory Fund Holdings Victory Trivalent

    Victory Fund Holdings Victory Trivalent

    VICTORY FUND HOLDINGS As of June 30, 2021 VICTORY TRIVALENT INTERNATIONAL SMALL-CAP FUND MATURITY TRADED MARKET TRADED MARKET SECURITY DESCRIPTION DATE VALUE (BASE) VALUE (BASE) % VISTRY GROUP PLC 16,454,955.42 0.50% GENUS PLC 10,542,049.97 0.32% CRANSWICK PLC 11,450,127.05 0.35% ELECTROCOMPONENTS PLC 11,075,021.58 0.34% SPIRENT COMMUNICATIONS PLC 9,930,253.51 0.30% UNITE GROUP PLC/THE 12,504,293.02 0.38% CLOSE BROTHERS GROUP PLC 14,649,414.54 0.44% SERCO GROUP PLC 14,397,066.80 0.44% TATE & LYLE PLC 12,268,733.02 0.37% ULTRA ELECTRONICS HLDGS PLC 11,964,460.48 0.36% SYNTHOMER PLC 14,129,679.05 0.43% ATS AUTOMATION TOOLING SYS 16,602,086.17 0.50% BALLARD POWER SYSTEMS INC 5,364,075.52 0.16% DESCARTES SYSTEMS GROUP INC/THE 10,718,670.97 0.32% CANADIAN WESTERN BANK 15,975,120.54 0.48% FINNING INTERNATIONAL INC 15,983,732.65 0.48% FORTUNA SILVER MINES INC 7,955,916.65 0.24% STELLA-JONES INC 11,038,345.03 0.33% UDG HEALTHCARE PLC 15,172,371.16 0.46% FUTU HOLDINGS LTD 6,064,345.58 0.18% FORBO HOLDING AG 10,772,521.51 0.33% UNITED INTERNET AG 9,611,203.79 0.29% PUBLICIS GROUPE 23,507,777.35 0.71% FAURECIA 21,672,485.43 0.66% PEAB AB 10,941,453.22 0.33% KEMIRE OYJ 9,362,290.82 0.28% SPAREBANKEN VEST 9,746,940.04 0.30% SEB SA 11,008,445.85 0.33% SULZER AG 12,398,004.98 0.38% INTERPUMP GROUP SPA 12,819,518.11 0.39% ASM INTERNATIONAL NV 36,947,735.98 1.12% RHEINMETALL AG 18,035,673.56 0.55% BANKINTER SA 14,974,561.03 0.45% TIETOEVRY OYJ 13,029,681.38 0.40% AURUBIS AG 13,310,482.33 0.40% ACCIONA SA 13,624,416.76 0.41% SOPRA STERIA GROUP 16,165,277.59
  • Drillisch Ag Report on First Quarter 2012 Data and Facts

    Drillisch Ag Report on First Quarter 2012 Data and Facts

    DRILLISCH AG REPORT ON FIRST QUARTER 2012 DATA AND FACTS Key Indicators of the Drillisch Group Drillisch-Konzern Q1/2012 Q1/2011 Q1/2010 Turnover in �( 84.2 80.3 )*+- Service Revenues ./+, 72.4 -*+0 Other revenues1 )+0 .+0 19.6 EBITDA in €m 14.8 12.5 11.0 EBITDA, adjusted in €( 14.8 12.5 11.0 EBIT in €m 14.0 11.3 0+/ EBT in �( 6.1 14.6 0+* Consolidated pro�ts in €m 2.8 10.9 -+- Pro�t/loss per share in € 0.05 0.21 0.12 EBITDA margin in % of turnover 17.6 15.5 13.0 EBITDA margin adjusted in % of turnover 17.6 15.5 13.0 EBIT margin in % of turnover 16.6 14.1 11.2 EBT margin in % of turnover 7.2 18.2 11.2 Consolidated pro�t margin in % of turnover ,+* 13.6 .+) Equity ratio (equity % of balance sheet tota&= 41.7 *0+/ 50.6 Return of equity (ROE) (ratio Group result to equity) 1.7 7.2 *+* Cash �ow from current business operations in €m -22.6 3.2 12.3 Depreciation excluding goodwill in €m 0.8 1.2 1.5 Investments (in tangible and intangible �xed assets), adjusted, in €m 0.9 0.6 0.6 Staff as annual average (incl. Management Board) 328 332 ,)/ Wireless services customers as per 31/03 (approx. in thousands= 2,427 2,473 2,258 Wireless services customers Debit )-/ 1,220 1,221 Wireless services customers Credit 1,562 1,253 1,037 1Ot%er re'enues in#&u"es %an"sets an" ot%er re'enues+ 2 Report on First Quarter 2012 TABLE OF CONTENT Data and Facts 2 To Our Shareholders 4 Letter from the Management Board 4 Investor Relations Report 7 Market Environment 10 The Wireless Services Market 11 The Software Ind str! 14 Commercial Development of the Drillisch roup
  • Group Management Report 37

    Group Management Report 37

    GROUP MANAGE- MENT REPORT Group management report GRUPO MANAGEMENT REPORT 37 Business model and organisation 38 Corporate stra tegy and goals 41 Corporate management 42 Report on economic position 48 Report on opportunities and risks 58 Report on expected developments 71 Report on post-balance sheet date events 73 Non-financial statement 74 Corporate governance 90 38 G ROUP MANagEMENT REPOrt | Business model and organisation GROUP MANAGEMENT REPORT BUSINESS MODEL AND ORGANISATION ■ Digital lifestyle provider with a customer base of approximately 8.4 million subscribers ■ Long-term customer contracts with constant value added generate stability and predictability Group management report ■ IPTV as growth driver OVERVIEW OF THE FREENET GROUP The freenet Group conducts its core business activities in two operating segments, Mobile Communications and TV As a digital lifestyle provider, the freenet Group offers its and Media; both are described below. In addition, the Other/ approximately 8.4 million subscribers innovative products Holding segment comprises other activities, which are only for life on the go. The Group’s operating activities are lim- of minor importance for the purpose of assessing the compa- ited mainly to private customers and to the German market. ny’s net assets, financial position and results of operations. freenet AG, the parent company of the freenet Group, is a The segments are divided by product and not by customer listed German public limited company (Aktiengesellschaft – segment or geographical areas in line with the structure of AG) with its registered office in Büdelsdorf and administra- the internal management system. tive headquarters in Hamburg. The company’s financial year is the calendar year (1 January to 31 December).