Scope of consolidated financial statements

In addition to Borussia Dortmund GmbH & Co. KGaA, the consolidated financial statements include five fully consolidated subsidiary companies and one associated company accounted for using the equity method.

Sports & Bytes GmbH (transferring entity) merged with Borussia Dortmund GmbH & Co. KGaA (acquiring entity) in accordance with the merger agreement dated 30 August 2018 by way of a group merger with retroactive effect as of 1 July 2018. Therefore, this did not give rise to any effects on the consolidated financial statements.

The list of shareholdings as at 30 June 2019 was as follows:

Shareholdings (30 June 2019)

 

 

Registered office

 

Share capital (EUR '000)

 

Share­holding %

 

Equity (EUR '000)
as at 30/06/2019

 

Net profit/loss (EUR '000)
01/07/2018 to 30/06/2019

*

Profit and loss transfer agreements are in force. Profit/loss of the Company prior to transfer to/absorption by the consolidated tax group parent.

**

Included in the consolidated financial statements as at 30 June 2019 as an associate on the basis of the net profit/loss reported as at 31 December 2018 .

 

 

 

 

 

 

 

 

 

 

 

Fully consolidated companies:

BVB Stadionmanagement GmbH *

 

Dortmund

 

52

 

100.00

 

66

 

69

besttravel Dortmund GmbH *

 

Dortmund

 

50

 

100.00

 

144

 

948

BVB Merchandising GmbH *

 

Dortmund

 

75

 

100.00

 

10,881

 

1,241

BVB Event & Catering GmbH *

 

Dortmund

 

25

 

100.00

 

25

 

2,758

BVB Asia Pacific Pte. Ltd.

 

Singapore

 

66

 

100.00

 

161

 

30

 

 

 

 

 

 

 

 

 

 

 

Investments accounted for using the equity method

Orthomed Medizinisches Leistungs- und Rehabilitationszentrum GmbH **

 

Dortmund

 

52

 

33.33

 

789

 

41

Shareholdings (30 June 2018)

 

 

Registered office

 

Share capital (EUR '000)

 

Share­holding %

 

Equity (EUR '000)
as at 30/06/2018

 

Net profit/loss (EUR '000)
01/07/2017 to 30/06/2018

*

Profit and loss transfer agreements are in force. Profit/loss of the Company prior to transfer to/absorption by the consolidated tax group parent.

**

Included in the consolidated financial statements as an associate on the basis of the net profit/loss reported as at 31 December 2017.

 

 

 

 

 

 

 

 

 

 

 

Fully consolidated companies:

BVB Stadionmanagement GmbH *

 

Dortmund

 

52

 

100.00

 

66

 

24

besttravel Dortmund GmbH *

 

Dortmund

 

50

 

100.00

 

144

 

1,044

BVB Merchandising GmbH *

 

Dortmund

 

75

 

100.00

 

10,881

 

288

Sports & Bytes GmbH *

 

Dortmund

 

200

 

100.00

 

2,510

 

166

BVB Event & Catering GmbH *

 

Dortmund

 

25

 

100.00

 

25

 

1,761

BVB Asia Pacific Pte. Ltd.

 

Singapur

 

66

 

100.00

 

131

 

29

 

 

 

 

 

 

 

 

 

 

 

Investments accounted for using the equity method

Orthomed Medizinisches Leistungs- und Rehabilitationszentrum GmbH **

 

Dortmund

 

52

 

33.33

 

748

 

38

No interim financial statements were prepared for Orthomed GmbH as at 30 June 2019 due to the fact that there would be no material impact on the consolidated financial statements.

Please refer to Note 30 for disclosures on transactions with related parties.

Consolidation principles

The annual financial statements of the companies included in the consolidated financial statements are prepared in accordance with IFRS, as adopted by the EU, using consistent accounting policies.

The end of the reporting period for the consolidated financial statements is the end of the reporting period of the parent company.

Intercompany revenues, income and expenses, and all receivables and liabilities between companies included in the consolidated financial statements are eliminated on consolidation.

Subsidiaries are entities controlled by the Group. The Group controls an entity if the Group is exposed to or has rights to variable returns from its investment in the entity and if the Group has the ability to influence those returns through its control over the entity. The financial statements of subsidiaries in included in the consolidated financial statements as at the date control begins and until the time the Group no longer controls the entity.

Acquired subsidiaries are accounted for using the acquisition method. The acquisition cost is equal to the fair value of the assets given, the equity instruments issued and the liabilities incurred or assumed on the date of the transaction. The costs associated with the acquisition are recognised as an expense. When consolidated for the first time, the identifiable assets, liabilities and contingent liabilities acquired in a business combination are measured at their acquisition-date fair values, regardless of the size of the minority interest.

Any excess of the acquisition cost over the share of equity acquired at fair value is recognised as goodwill. If the acquisition costs are lower than the fair value of the net assets of the subsidiary acquired, the measurement of net assets is reviewed and the difference is recognised directly in the consolidated statement of comprehensive income.

The Group's interests in investments accounted for using the equity method relate to shareholdings in associates.

Associates are entities over which the Group has a significant influence but does not control or jointly manage the entities' financial and operating policies.

1st match day / 26.08.2018

BVB - Rasenballsport Leipzig 4:1

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