Found 148 results.
10 Results from equity investments
The results from equity investments also contain the fair value changes of equity investments including currency exchange effects.
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11 Dividends
In the General Meeting of Shareholders in May 2019 the proposal for the appropriation of profit for the 2018 financial year was approved.
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12 Remuneration for services rendered
Remuneration for managing funds and programs is assessed for market conformity. Related management expenses are included in operating expenses.
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13 Income tax
Income tax of EUR 8 million decreased compared to 2018 due to lower profit before tax whilst the average weighted annual rate of 13.5% increased (H1 2018: 12.5%).
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14 Events after the end of the reporting period
In first half of August 2019 the Argentinian Peso has shown accelerated depreciation and caused tension in financial markets. For more details, reference is made to section 3.4 Concentration Risk.
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