CA Immobilien Anlagen AG2011年年度报告.pdf

1、 CA IMMOANNUAL FINANCIAL REPORT 2011 IN ACCORDANCE WITH THE 82(4)OF THE AUSTRIAN STOCK EXCHANGE ACT 2 MANAGEMENT REPORT Holdings and funds 4 Economic environment 6 Property markets 8 Property Assets 12 The Investment Property Area 15 The Investment Property Under Development Area 20 Property Valuati

2、on 28 Financing 31 Results 35 Outlook 43 Supplementary report 44 Research and development 44 Personnel 45 Value Management 47 Risk Management Report 49 CONSOLIDATED FINANCIAL STATEMENTS A.CONSOLIDATED INCOME STATEMENT FOR THE YEAR ENDED 31.12.2011 60 B.CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME

3、FOR THE YEAR ENDED 31.12.2011 61 C.CONSOLIDATED STATEMENT OF FINANCIAL POSITION AS AT 31.12.2011 62 D.CONSOLIDATED CASH FLOW STATEMENT FOR THE YEAR 2011 63 E.CONSOLIDATED STATEMENT OF CHANGES IN EQUITY FOR THE YEAR ENDED 31.12.2011 64 F.NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS AS OF 31.12.2011

4、 66 ANNEX I TO THE CONSOLIDATED FINANCIAL STATEMENTS 132 DECLARATION OF THE MANAGEMENT BOARD DUE TO SECTION 82(4)OF THE AUSTRIAN STOCK EXCHANGE ACT 141 AUDITORS REPORT 142 FINANCIAL STATEMENTS AND MANAGEMENT REPORT 145 CONTENT MANAGEMENT REPORT GROUP MANAGEMENT REPORT 4 The listed company CA Immobil

5、ien Anlagen Aktienge-sellschaft,based in Vienna,is the parent company of the CA Immo Group.The Group s activities are focused on Austria,Germany and Eastern Europe.The Group has 263 subsidiaries,of which 42 are in Austria(including 8 joint ventures),103 are in Germany(including 20 joint ventures)and

6、 118 other companies(including 24 joint ventures)were created in connection with investment in Eastern Europe.All tasks are performed through a network of branch offices in Austria,Germany,Hungary,the Czech Republic,Romania,Poland and Serbia;there are also offices in Russia,Ukraine and Cyprus employ