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DES - Online Annual Report 2007

My Annual Report

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My Annual Report

Income, Financia l and net Assets Situation

The 2007 financial year was a positive one for Deutsche Euro Shop. The revenue loss from the sale of both shopping centers in Italy and France in the previous year was more than offset by the Galeria Baltycka in Gdansk opened in October and the stable income from the property. At €95.8 million, consolidated revenue was 3.1% higher than in the previous year (€92.9 million). At €94.2 million, consolidated profit was €6.1 million below the previous year’s profit (€100.3 million). Our net asset value per share increased by around 5.5% from €25.53 to €26.91. Earnings per share amounted to €2.74 (previous year: €2.92).

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