Financial Statements 2015 Hubert Burda Media Holding Kommanditgesellschaft

Total Page:16

File Type:pdf, Size:1020Kb

Financial Statements 2015 Hubert Burda Media Holding Kommanditgesellschaft Financial Statements 2015 Hubert Burda Media Holding Kommanditgesellschaft 1 Financial Statements 2015 Hubert Burda Media Content Five-year Overview ............................................................................................................................................................................................................................................................................................................... 4 Management Report .......................................................................................................................................................................................................................................................................................................... 5 Burda in Fiscal Year 2015 ..................................................................................................................................................................................................................................................................... 5 Overall Economic Situation ............................................................................................................................................................................................................................................................... 6 Advertising Market ........................................................................................................................................................................................................................................................................................... 7 Sales Development, Net Assets and Financial Situation ................................................................................................................................................................ 11 Business Performance ............................................................................................................................................................................................................................................................................... 12 Human Resources ........................................................................................................................................................................................................................................................................................... 23 Corporate Social Responsibility ............................................................................................................................................................................................................................................... 26 Environment and Sustainability .................................................................................................................................................................................................................................................. 27 Report on Opportunities ....................................................................................................................................................................................................................................................................... 28 Risk Report .................................................................................................................................................................................................................................................................................................................. 29 Outlook ............................................................................................................................................................................................................................................................................................................................... 32 Consolidated Balance Sheet .............................................................................................................................................................................................................................................................................. 34 Notes to the Consolidated Financial Statements for Fiscal Year 2015 ...................................................................................................................................... 35 Development of Fixed Assets of the Group .............................................................................................................................................................................................................................. 45 Shareholdings .............................................................................................................................................................................................................................................................................................................................. 46 2 Financial Statements 2015 Hubert Burda Media The Management Board of Hubert Burda Media Left to right: Stefan Winners, Board Member, National Digital Brands, Holger Eckstein, Board Member, Finance, Dr. Andreas Rittstieg, Board Member, Legal and Compliance, Philipp Welte, Board Member, National Media Brands, Dr. Paul-Bernhard Kallen, Chief Executive Officer 3 Financial Statements 2015 Hubert Burda Media Five-year Overview To tablecontents of To 2011 2012 2013 2014 2015 in Operating performance 2,804 3,101 3,249 3,030 2,792 million € Consolidated sales 2,176 2,456 2,617 2,455 2,211 million € Comprised of National Digital Brands 937 1,159 1,401 1,314 1,134 million € National Media Brands 658 646 630 649 651 million € International Media Brands 385 419 378 330 265 million € Printing 189 224 204 158 158 million € Other 7 8 4 4 3 million € Balance sheet total 1,313 1,546 1,551 1,518 1,510 million € Depreciation of fixed assets 56 69 83 91 85 million € Personnel expenses 410 438 499 527 543 million € Number of employees at year’s end 8,248 9,241 10,017 10,374 10,297 4 Financial Statements 2015 Hubert Burda Media Management Report Burda in Fiscal Year 2015 – technological and entrepreneurial skills in all opera- percent and thus the earlier announced withdrawal To tablecontents of To Overview tional business divisions through strong international was nearly complete. Burda had had an interest in the networks. Promoting the further development of ex- company since 1999 and it proved to be an unusu- isting personnel and recruiting new skilled employees ally successful investment. In a contrasting move, all Hubert Burda Media (hereafter also referred to as (e.g., in the areas of digital development and program- journalism brands of TOMORROW FOCUS AG were “Burda”) is an internationally operating media and ming) are considered very important. To be able to re- combined under the newly founded BurdaForward. technology company with brands and products that act as quickly as possible to changing media use and In addition, all shares in the physician rating platform are oriented to the needs of consumers. The 2015 in contrast to conventional industrial enterprises, Bur- Jameda were acquired by TOMORROW FOCUS AG, Burda portfolio includes some 540 products in Ger- da has not bundled the development of new products effective as of January 1, 2016. TOMORROW FOCUS AG many and 19 other countries. Major sources of group in a central R&D department but conducts these ac- itself completed its targeted strategic reorientation revenues are individual sales and subscriptions (in- tivities in the respective profit centers. toward vacation travel during the fiscal year, through cluding digital subscriptions), advertising, commis- In fiscal year 2015, Burda’s external sales totaled its sale of other holdings. sions, trade and printing. Burda considers itself an €2.21 billion and were thus below the prior year. This Another focus in the expansion of digital activities was “enterprise for entrepreneurs” and is therefore organ- can be attributed to the sale of shareholdings in zo- penetration of core internet technologies – brows- ized with a decentralized profit center structure. At oplus AG in the summer of 2014, which means that ers und search engines – with in-house products. Tar- the end of the past fiscal year, the consolidated group since July 1, 2014, zooplus AG is no longer included in geted investments were also made in technologically included a total of 219 independently operating com- sales revenues. A comparison excluding zooplus AG advanced consumer internet companies, in order to panies, of which 133 were in Germany and 86 outside shows 2014 consolidated group sales of €2.21 billion, guide their growth as long-term partners. of it. At the end of the year, 10,297 individuals were so that fiscal year 2015 is at the same level as the pri- In the German magazine business (National Media employed in the Group. Hubert Burda Media is divided or year. While the performance of most divisions re- Brands Division), digital products reflecting the strong into four operational divisions: National Digital Brands, mained stable – as expected in the prior year – busi- print brands were brought to market and new busi- National Media Brands, International Media Brands ness in Eastern Europe encountered unexpectedly ness models successfully tested. This was achieved and Printing. sharp declines in sales revenues. by such means as licensing our own brands in areas Burda considers
Recommended publications
  • Ryan Trecartin Biography
    RYAN TRECARTIN BIOGRAPHY Born in Webster, TX, 1981. Lives and works in Los Angeles, CA. Education: B.F.A., Rhode Island School of Design, Providence, RI, 2004 Selected Solo Exhibitions: 2019 “Re’Search Wait’S,” Sprüth Magers, Berlin, Germany, September 12 – December 21, 2019 “Comma Boat: Ryan Trecartin,” Plug In Institute of Contemporary Art, Winnipeg, Canada, April 27 – June 30, 2019 “Lizzie Fitch | Ryan Trecartin: The Movies,” Fondazione Prada, Milan, Italy, April 6 – September 30, 2019 “Lizzie Fitch/Ryan Trecartin,” Fondazione Prada, Milan, Italy, April 6 – August 5, 2019; catalogue 2018 “Ryan Trecartin: Re’Search Wait’S,” Pond Society, Shanghai, China, November 7, 2018 – January 20, 2019 “Lizzie Fitch/Ryan Trecartin,” Baltimore Museum of Art, Baltimore, MA, October 7, 2018 – January 6, 2019 “Lizzie Fitch/Ryan Trecartin,” Astrup Fearnly Museet, Oslo, Norway, February 22 – May 20, 2018 2016 “Lizzie Fitch/Ryan Trecartin,” Andrea Rosen Gallery, New York, NY, March 19 – April 20, 2016 “Ryan Trecartin: Six Movies,” Art Gallery of Western Australia, Perth, Australia, January 30 – May 8, 2016 2015 “Re’Search Wait'S,” National Gallery of Victoria, Victoria, Australia, May 15 – September 13, 2015 “SITUATION #1: Ryan Trecartin,” Fotomuseum Winterthur, Winterthur, Switzerland, April 10 – June 7, 2015 2014 “Ryan Trecartin: SITE VISIT,” Kunst-Werke Institute for Contemporary Art, Berlin, Germany, September 14, 2014 – February 15, 2015 “Lizzie Fitch/Ryan Trecartin: Priority Innfield,” Zabludowicz Collection, London, UK, October 2 – December 21,
    [Show full text]
  • Innovation and Scouting Centers
    INNOVATION AND SCOUTING CENTERS INVESTMENT MODELS IN ISRAEL INNOVATION AND SCOUTING CENTERS INVESTMENT MODELS IN ISRAEL ISRAELI SCOUTING CENTERS AT A GLANCE Start-up Nation – Leading in Technology and Innovation Innovation is rooted deep within the cultural DNA learning, hi-tech & mobile, cleantech, sustainable of the Israeli people. Establishing a state in a land energy and defense, all developed in Israel, that is over 50% desert, under constant threat, continue to have great impact on the everyday led to the development of a highly advanced lives of people in every corner of the world. technological industry. In recent years, Israel has entered a new era in Israeli innovators, entrepreneurs, researchers which over 1,500 new hi-tech companies are and workers have created countless pioneering established annually and the development of technologies and products that keep changing countless new and breakthrough technologies the lives of hundreds of millions of people around the globe. New and revolutionary creates a race between the largest multinational technologies in a long list of industries, corporations’ venture arms, global VCs and including media & Internet, cyber security, water other investment entities – all converging on technology, health & life sciences, agriculture Israel to invest in their growth and acquire their & crossbreeding, FinTech, automotive, machine next best technologies. 2 | INNOVATION AND SCOUTING CENTERS Scouting Centers Hi-tech scouting has become highly popular in and success. This marks another advantage of recent years, in direct correspondence with the scouting centers: often it's easier to establish huge growth in the Israeli start-up industry. This an R&D center in Israel through an acquisition growth encouraged the influx of scouters to the rather than from scratch.
    [Show full text]
  • Annual Report 2019 55
    Annual Report 2019 55 years ANNUAL REPORT 2019 Table of Contents Foreword 5 Overview of MSC Events in 2019 6 The MSC in 2019 9 The Munich Security Conference 2019 21 The Munich Security Report 2019 39 Other MSC Events and Activities in 2019 43 Reach and Visibility in 2019 79 Outreach, Partnerships and Sponsoring 99 The Year Ahead 114 Imprint: © Stiftung Münchner Sicherheitskonferenz (gemeinnützige) GmbH Status: March 16, 2020 Photo Credit Cover: © dpa – Fotoreport © dpa – Bildarchiv © dpa © Kuhlmann / MSC © Fotoarchiv / MSC 3 ANNUAL REPORT 2019 4 ANNUAL REPORT 2019 Dear friends, In 2019, our world continued to change in unprecedented ways – in ways that seriously affect global security. Great power rivalry has been picking up steam, and the ripple effects are being widely felt – not least in Europe, where countries are getting caught in the crossfire. Meanwhile, the number of global conflicts and crises remained steadily high: The risk of all-out war in the Middle East and the unraveling of global arms control are just two of many examples. And as if this were not enough, multilateralism and collective problem-solving were challenged in serious ways. In this context, it is of utmost relevance to sustain – and try to revive – dialogue and debate among global decision-makers. The Munich Security Conference has been dedicated to this purpose for more than five decades. In 2019, it has yet again proven its willingness and ability to unite the international security community for in-depth debates about the most pressing security concerns of our time. At our regional and international conferences – from our main conference in Munich to formats in Bahir Dar, Abuja, Doha, Cairo, Washington, DC, New York City, Stockholm, and Helsinki – participants discussed topics ranging from European defence and the geopolitics of technological change to the security situation in the Middle East.
    [Show full text]
  • Facebook Index.Pdf
    Index Symbols 2007 South By Southwest Interactive , 158 #ConnectTheWorld , 356 2008 U.S. presidential campaign , 202 #H2H , 110 2010 f8 Conference , 263 #McDStories , 161 2010 Times Square car bombing attempt , 359 #myNYPD , 161 2011 Egyptian revolution , 229 #stoptheterror , 224 2011 f8 Conference , 12, 40, 374 @amac , 151 2011 If Conference , 297 @AP , 174 2011 South by Southwest Conference , 260 @BarackObama , 156, 202 2011 State of the Union Address , 203, 349, @biz , 151 373 @ComfortablySmug , 173 2011 Thiel Fellowship , 35 @DalaiLama , 156 2012 Academy Awards , 163 @FDNY , 156 2012 Ad Age Digital Conference , 99 @FutureExBanker , 171 2012 Black Hat security conference , 141 @HiddenCash , 164 2012 D: Dive Into Media Conference , 38 @HillaryClinton , 230 2012 Digital Life Design Conference (DLD) , @jimmy_wales , 216 49, 145, 256 @KendallJenner , 210 2012 Hacker Cup competition , 28 @KremlinRussia_E , 156 2012 LeWeb London Conference , 44 @MichelleObama , 156 2012 London Olympics , 257 @Pontifex , 160 2012 RSA conference , 283 @PopeBenedictXIV , 156 2012 South by Southwest Conference , 39, @ReallyVirtual , 154 154, 220, 225, 332 @SAPresident , 156 2012 TED Conference , 206, 307, 356 @Wendi_Deng , 183 2012 TEDGlobal conference , 48 2012 Worldwide Developers Conference , 79 2013 RSA conference , 14 Numbers 2013 TechCrunch Disrupt Conference , 13 1-800-273-TALK , 309 2013 TED Conference , 331 1-877-ID-THEFT , 285 2014 Apple Worldwide Developers 100 Most Infl uential People of 2009 , 185 Conference (WWDC) , 73 15 minutes of fame , 38 2014 Consumer Action Handbook , 268 1960 U.S. presidential election , 201 2014 Digital Submit , 357 1992 Los Angeles riots , 319 2014 f8 Conference , 48, 52, 106, 379 1995 Data Protection Directive , 144 2014 FIFA World Cup , 176 1Password , 286 2014 Miss America , 164 © Springer Science+Business Media New York 2014 383 N.
    [Show full text]
  • Dld-Conference.Com Press Information
    WELCOME TO Europe’s Digital Life Design Conference January 22 - 24, Munich | dld-conference.com Press Information Hubert Burda Media | Corporate Communications | burda-news.de Hotline: +49 172-775 93 48 | [email protected] INHALT CONTENTS Die Medienmarke DLD 3 DLD as a media brand Zeitplan 5 Timetable DLD Connect 6 DLD Connect Programm 7 Program Themen 12 Topics Wirtschaft 17 Business Politik 18 Politics Wissenschaft 19 Science Kultur 20 Culture DLD Edition 21 DLD Edition DLD Campus 22 DLD Campus DLD Research 23 DLD Research TES 24 TES DLD Night & DLD FOCUS Nightcap 25 DLD Night & DLD FOCUS Nightcap Aenne Burda Award 26 Aenne Burda Award DLD Chronik 27 DLD Chronicle Alle Speaker 29 All Speakers Speaker 31 Speakers Partner 62 Partners DLD Conference 2012 2 DIE MEDIENMARKE DLD AS A MEDIA DLD BRAND Wie verändert die Digitalität unsere Gesellschaft? How is the digital world changing our society? DLD bringt Unternehmer, Politiker, Wissenschaftler DLD brings together entrepreneurs, politicians, und Kulturschaffende zusammen, um Antworten auf scientists and artists to find answers to this diese Frage zu finden. Die digitale Revolution wirkt question. The digital revolution has an extensive sich tiefgreifend auf die herkömmliche Ordnung von impact on the conventional structure of the Märkten aus, bringt neue Geschäftsmodelle und markets, promoting new business models and junge Global Player hervor, insbesondere aus den younger global players, particularly in the areas Bereichen Konsum und Medien. Zugleich entsteht of consumption and media. Simultaneously a eine neue globale Wirtschaftsgeographie und es new economic geography emerges and etabliert sich ein neues Denken und Handeln, auch establishes new ways of thinking and acting, im Hinblick auf einen nachhaltigen Umgang mit including with regard to the sustainable use of endlichen Ressourcen.
    [Show full text]
  • Innovation and Scouting Centers
    INNOVATION AND SCOUTING CENTERS INVESTMENT MODELS IN ISRAEL THE ISRAELI INVESTMENT PROMOTION AGENCY Invest in Israel is an integrative body within the Ministry of Economy and Industry that serves as a one-stop shop for a wide range of potential and existing investors. Invest in Israel identify lucrative investment opportunities, map potential obstacles and help fast-track investment. Our advantage lies in our ability to bridge between private client needs and to promote activities within the framework of the government. Foreign Post− Investor Investment Investment Guidance Promotion Support Forward-thinking Expert sector managers that Providing ongoing assistance conferences and delegations leads potential investors to overcome challenges, with key figures, businesses from initial interest to bureaucratic obstacles, and government officials successful investments expanding operations and promoting conductive environment for foreign investors WHERE COMPANIES COME TO SHINE INNOVATION AND SCOUTING CENTERS INVESTMENT MODELS IN ISRAEL ISRAELI SCOUTING CENTERS AT A GLANCE Start-up Nation – Leading in Technology and Innovation Innovation is rooted deep within the cultural DNA learning, hi-tech & mobile, cleantech, sustainable of the Israeli people. Establishing a state in a land energy and defense, all developed in Israel, that is over 50% desert, under constant threat, continue to have great impact on the everyday led to the development of a highly advanced lives of people in every corner of the world. technological industry. In recent years, Israel has entered a new era in Israeli innovators, entrepreneurs, researchers which over 1,500 new hi-tech companies are and workers have created countless pioneering established annually and the development of technologies and products that keep changing countless new and breakthrough technologies the lives of hundreds of millions of people around the globe.
    [Show full text]
  • Financial Statements 2016 Hubert Burda Media Holding Kommanditgesellschaft
    Financial Statements 2016 Hubert Burda Media Holding Kommanditgesellschaft 1 Financial Statements 2016 Hubert Burda Media Content Five-Year Overview ............................................................................................................................................................................................................................................................................................................... 4 Group Management Report .................................................................................................................................................................................................................................................................................. 5 Group Fundamentals .................................................................................................................................................................................................................................................................................... 5 Economic Report ................................................................................................................................................................................................................................................................................................ 7 Overall economic and industry situation ..............................................................................................................................................................................................
    [Show full text]