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DES - Online Annual Report 2009

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Cash flow from investing activities

Cash additions/disposals of property, plant and equipment during the current year are recognised. This item contains interest inflows totalling €76 thousand.

In January 2009, Deutsche EuroShop Verwaltungs GmbH increased its share in Objekt City-Point Kassel from 40% to 90%. A purchase price of €16.4 million was paid in cash. The cash and cash equivalents incorporated on the date of acquisition came to €1.0 million.

The cash and cash equivalents of CASPIA Investments Sp. z o.o transferred on the date of the company’s initial consolidation totalled €692 thousand. The effects on cash flow of the full consolidation of CASPIA and Kassel KG were not material.

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