Supplement No. 2 dated November 20, 2017 to the Base Prospectus dated May 4, 2017 as supplemented by Supplement No. 1 dated August 21, 2017

Größe: px
Ab Seite anzeigen:

Download "Supplement No. 2 dated November 20, 2017 to the Base Prospectus dated May 4, 2017 as supplemented by Supplement No. 1 dated August 21, 2017"

Transkript

1 Supplement No. 2 dated November 20, 2017 to the Base Prospectus dated May 4, 2017 as supplemented by Supplement No. 1 dated August 21, 2017 Supplement No. 2 pursuant to Art. 16(1) of Directive 2003/71/EC (as amended) (the Prospectus Directive) and Art. 13(1) of the Luxembourg Act relating to prospectuses for securities (loi relative aux prospectus pour valeurs mobilières) (the Luxembourg Act) dated November 20, 2017 (the Supplement No. 2) to the three base prospectuses (i) the base prospectus of Continental Aktiengesellschaft in respect of non-equity securities within the meaning of Art. 22 No. 6(4) of the Commission Regulation (EC) No. 809/2004 of April 29, 2004, as amended (Non-Equity Securities), (ii) the base prospectus of Conti-Gummi Finance B.V. in respect of Non-Equity Securities and (iii) the base prospectus of Continental Rubber of America, Corp. in respect of Non-Equity Securities, dated May 4, 2017 (together, the Debt Issuance Programme Prospectus or the Prospectus) as supplemented by Supplement No. 1 to the Prospectus dated August 21, 2017 (the Supplement No. 1). Continental Aktiengesellschaft (Hanover, Federal Republic of Germany) as Issuer and, in respect of Notes issued by Conti-Gummi Finance B.V. and Continental Rubber of America, Corp., as Guarantor Conti-Gummi Finance B.V. (Maastricht, The Netherlands) as Issuer Continental Rubber of America, Corp. (Wilmington, Delaware, United States of America) as Issuer 7,500,000,000 Debt Issuance Programme (the Programme) This Supplement No. 2 has been approved by the Commission de Surveillance du Secteur Financier (the CSSF) of the Grand Duchy of Luxembourg in its capacity as competent authority under the Luxembourg Act for the purposes of the Prospectus Directive. Each Issuer has requested the CSSF in its capacity as competent authority under the Luxembourg Act which implements the Prospectus Directive into Luxembourg law to provide the competent authorities in the Federal Republic of Germany and The Netherlands with a certificate of approval attesting that the Prospectus has been drawn up in accordance with the Luxembourg Act (Notification). Each Issuer may request the CSSF to provide competent authorities in additional Member States within the European Economic Area with a Notification. Right to withdraw In accordance with Article 13 paragraph 2 of the Luxembourg Act, investors who have already agreed to purchase or subscribe for the securities before this Supplement No. 2 is published have the right, exercisable within a time limit of two working days after the publication of this Supplement No. 2, to withdraw their acceptances provided that the new factor, mistake or inaccuracy referred to in Article 13 paragraph 1 of the Luxembourg Act arose before the final closing of the offer to the public and the delivery of the securities. This Supplement No. 2 was approved and is published on November 20, 2017, consequently investors can withdraw their acceptances until November 22, A withdrawal, if any, of an order must be communicated in writing to the Issuer at its registered office, specified in the list of NAMES AND ADDRESSES of the Prospectus on page

2 Copies of this Supplement No. 2, Supplement No. 1, the Prospectus and all documents which are incorporated herein and therein by reference may be inspected in physical form during normal business hours at the registered office of the Issuers and from the specified offices of the Paying Agents. This Supplement No. 2, Supplement No. 1, the Prospectus and the documents incorporated by reference herein and therein are also available for viewing at The purpose of this Supplement No. 2 is to update several sections of the Prospectus (as supplemented by Supplement No. 1) as set forth in detail on the next pages hereof. This Supplement No. 2 is supplemental to, and should be read and shall only be distributed in connection with Supplement No. 1 and the Prospectus. Therefore, with respect to future issues under the Programme of Continental Aktiengesellschaft, Conti-Gummi Finance B.V. and Continental Rubber of America, Corp., references in the Final Terms to the Prospectus are to be read as references to the Prospectus as supplemented by Supplement No. 1 and this Supplement No. 2. Terms defined in the Prospectus have the same meaning when used in this Supplement No. 2. All references in the Prospectus to "the Prospectus", "this Prospectus", "the Debt Issuance Prospectus", "this Debt Issuance Prospectus", or any other similar expression, in particular regarding confirmations and representations as to the information contained therein, shall be deemed to also refer to this Supplement No. 2. Continental Aktiengesellschaft, Conti-Gummi Finance B.V. and Continental Rubber of America, Corp. (each an Issuer and together the Issuers) accept responsibility for the information contained in this Supplement No. 2. To the best of the knowledge of each Issuer, having taken all reasonable care to ensure that such is the case, the information contained in this Supplement No. 2 is in accordance with the facts and does not omit anything likely to affect its importance. To the extent that there is any inconsistency between (a) any statements in this Supplement No. 2 or any statement incorporated by reference into the Prospectus (as supplemented by Supplement No. 1) by this Supplement No. 2 and (b) any other statement in or incorporated in the Prospectus (as supplemented by Supplement No. 1), the statements in (a) above will prevail. The amendments to the Prospectus (as supplemented by Supplement No. 1) mentioned in this Supplement No. 2 shall only apply to an admission to trading of instruments and/or offer to the public of instruments which is ongoing at the time of or commencing after the approval of this Supplement No. 2, or where the delivery has not yet taken place. Page references in this document refer to pages in the Prospectus, unless otherwise indicated

3 I. Changes relating to the Summary and the German Translation of the Summary Change to Element B.4b in "Section B [Issuer] [Guarantor]" regarding Continental Aktiengesellschaft The second paragraph of Element B.4b "Known trends affecting the [Issuer] [Guarantor] and the industries in which it operates" in "Section B [Issuer] [Guarantor]" in the Summary regarding Continental Aktiengesellschaft on page 8 of the Prospectus (as supplemented by Supplement No. 1, page 3) shall be deleted and replaced by the following: "With respect to the development of the automotive industry in general, according to Continental AG's estimates, global light vehicle production (passenger cars, station wagons and light commercial vehicles) is expected to increase by 2% in Continental AG expects demand on Continental s key markets for replacement tires for passenger cars and light commercial vehicles - Europe and North America - to grow in 2017 by 2% in Europe and 0% in North America." Change to Element B.12 in "Section B [Issuer] [Guarantor]" regarding Continental Aktiengesellschaft Element B.12 in "Section B [Issuer] [Guarantor]" in the Summary regarding Continental Aktiengesellschaft on pages 8-10 of the Prospectus (as supplemented by Supplement No. 1, pages 3-4) shall be deleted and replaced by the following: "B.12 Selected historical key financial information (audited consolidated financial statements 2016 and unaudited condensed interim consolidated financial statements as at September 30, 2017 of Continental AG) Jan. 01 Sept. 30, Jan. 01 Dec. 31, (unaudited) (unaudited) (audited) (audited) Sales... 32, , , ,232.0 Cost of sales , , , ,056.8 Gross margin on sales... 8, , , ,175.2 EBITDA (1) (5)... 4, , , ,001.4 EBIT (2)... 3, , , ,115.6 Net interest result Earnings before tax... 3, , , ,870.0 Cash flow arising from operating activities... 2, , , ,915.6 Cash flow arising from investing activities... -2, , , ,472.0 Cash flow before financing activities (free cash flow) (3) , , ,443.6 Cash flow arising from financing activities , , ,097.6 Change in cash and cash equivalents ,654.0 Cash and cash equivalents at the end of the reporting period... 1, , , ,621.5 Net income... 2, , , ,779.6 Non-controlling interests Net income attributable to the shareholders of the parent... 2, , , ,727.4 Net indebtedness at the end of the reporting period (4) (5)... 3, , , ,541.9 Basic earnings per share in EUR Diluted earnings per share in EUR

4 Sept. 30, Dec. 31, Dec. 31, (unaudited) (audited) (audited) Non-current assets... 21, , ,666.6 Current assets... 15, , ,169.1 Total assets... 37, , ,835.7 Equity attributable to the shareholders of the parent... 15, , ,786.3 Non-controlling interests Total equity... 15, , ,213.9 Non-current liabilities... 7, , ,521.0 Current liabilities... 14, , ,100.8 Total equity and liabilities... 37, , ,835.7 Number of employees at the end of the reporting period (excluding trainees) , , ,899 (1) Continental AG defines EBITDA (Earnings before interest, tax, depreciation and amortization) as the sum of (i) EBIT and (ii) depreciation of property, plant and equipment and amortization of intangible assets (excluding impairment on financial investments). Continental AG reports its EBITDA because it believes it is a helpful figure for evaluating the Continental Group s and its divisions operating performance. EBITDA is not a performance indicator recognized under International Financial Reporting Standards (IFRS). The EBITDA reported is not necessarily comparable to the performance figures published by other companies as EBITDA or the like. (2) Continental AG defines EBIT (Earnings before interest and tax) as the result of ordinary business activities. Continental AG reports its EBIT because it believes it is a helpful figure for evaluating the Continental Group s and its divisions operating performance. EBIT is not a performance indicator recognized under IFRS. The EBIT reported is not necessarily comparable to the performance figures published by other companies as EBIT or the like. (3) Continental AG defines free cash flow as the sum of cash flows arising from operating and investing activities. Continental AG reports its free cash flow because it believes it is a helpful figure for evaluating the Continental Group s and its divisions financial performance. Free cash flow is not a performance indicator recognized under IFRS. The free cash flow reported is not necessarily comparable to the performance figures published by other companies as free cash flow or the like. (4) Continental AG defines net indebtedness as the net amount of interest-bearing financial liabilities, as recognized in the balance sheet, the positive fair values of the derivative instruments, cash and cash equivalents, as well as other interest-bearing investments. Continental AG reports its net indebtedness because it believes it is a helpful figure for evaluating the Continental Group s and its divisions capital structure. Net indebtedness is not a performance indicator recognized under IFRS. The net indebtedness reported is not necessarily comparable to the performance figures published by other companies as net indebtedness or the like. (5) Unaudited. Material adverse change in the prospects of the [Issuer] [Guarantor] Significant change in the financial and trading position There has been no material adverse change in the prospects of Continental AG since December 31, Not applicable. There has been no significant change in the financial or trading position of Continental AG since September 30, 2017." - 4 -

5 Change to Punkt B.4b in "Abschnitt B [Emittentin] [Garantin]" regarding Continental Aktiengesellschaft The second paragraph of Punkt B.4b "Bereits bekannte Trends, die sich auf die [Emittentin] [Garantin] und die Branchen, in denen sie tätig ist, auswirken" in "Abschnitt B [Emittentin] [Garantin]" in the German Translation of the Summary regarding Continental Aktiengesellschaft on page 27 of the Prospectus (as supplemented by Supplement No. 1, page 7) shall be deleted and replaced by the following: "Was die Entwicklung der Automobilindustrie im Allgemeinen betrifft, wird die weltweite Fahrzeugproduktion (Pkw, Kombifahrzeuge und leichte Nutzfahrzeuge) nach Einschätzung von Continental AG um 2 % im Jahr 2017 steigen. Für die für Continental bedeutenden Pkw-Ersatzreifenmärkte Europa und Nordamerika rechnet Continental AG im Jahr 2017 mit einem Nachfrageplus von 2 % in Europa und 0% in Nordamerika." Change to Punkt B.12 in "Abschnitt B [Emittentin] [Garantin]" regarding Continental Aktiengesellschaft Punkt B.12 in "Abschnitt B [Emittentin] [Garantin]" in the German Translation of the Summary regarding Continental Aktiengesellschaft on pages of the Prospectus (as supplemented by Supplement No. 1, pages 7-8) shall be deleted and replaced by the following: "B.12 Ausgewählte wesentliche historische Finanzinformationen (geprüfter Konzernabschluss 2016 und ungeprüfter verkürzter Konzern-Zwischenabschluss zum 30. September 2017 der Continental AG) 01. Jan. 30. Sept. 01. Jan. 31. Dez (ungeprüft) (ungeprüft) (geprüft) (geprüft) (in EUR Mio.) (sofern nicht anders angegeben) Umsatzerlöse , , , ,0 Herstellungskosten der zur Erzielung der Umsatzerlöse erbrachten Leistungen , , , ,8 Bruttoergebnis vom Umsatz , , , ,2 EBITDA (1) (5) , , , ,4 EBIT (2) , , , ,6 Zinsergebnis ,6-73,6-117,0-245,6 Ergebnis vor Ertragsteuern , , , ,0 Mittelzufluss/-abfluss aus laufender Geschäftstätigkeit , , , ,6 Mittelabfluss aus Investitionstätigkeit , , , ,0 Cashflow vor Finanzierungstätigkeit (Free Cashflow) (3) , , , ,6 Mittelabfluss/-zufluss aus Finanzierungstätigkeit , , , ,6 Veränderung der flüssigen Mittel ,8-138,3 516, ,0 Flüssige Mittel am Ende der Berichtsperiode , , , ,5 Konzernergebnis , , , ,6 Auf Anteile in Fremdbesitz entfallender Gewinn ,5-53,3-79,5-52,2 Konzernergebnis den Anteilseignern zuzurechnen , , , ,4 Netto-Finanzschulden am Ende der Berichtsperiode (4) (5) , , , ,9 Ergebnis pro Aktie in EUR, unverwässert... 11,12 10,09 14,01 13,64 Ergebnis pro Aktie in EUR, verwässert... 11,12 10,09 14,01 13,64-5 -

6 30. Sept. 31. Dez. 31. Dez (ungeprüft) (geprüft) (geprüft) (in EUR Mio.) (sofern nicht anders angegeben) Langfristige Vermögenswerte , , ,6 Kurzfristige Vermögenswerte , , ,1 Bilanzsumme (Aktiva) , , ,7 Den Anteilseignern zuzurechnendes Eigenkapital , , ,3 Anteile in Fremdbesitz ,9 464,8 427,6 Eigenkapital , , ,9 Langfristige Rückstellungen und Verbindlichkeiten , , ,0 Kurzfristige Rückstellungen und Verbindlichkeiten , , ,8 Bilanzsumme (Passiva) , , ,7 Anzahl Mitarbeiter am Ende der Berichtsperiode (ohne Auszubildende) (1) Die Continental AG definiert EBITDA (Earnings Before Interest, Tax, Depreciation and Amortization) als die Summe aus (i) EBIT und (ii) Abschreibungen auf Sachanlagen und immaterielle Vermögenswerte (ohne Abschreibungen auf Finanzanlagen). Die Continental AG weist ihr EBITDA aus, da sie der Ansicht ist, dass es sich um eine hilfreiche Kennzahl zur Beurteilung der operativen Ertragskraft des Continental-Konzerns und seiner Divisionen handelt. EBITDA ist keine nach den International Financial Reporting Standards (IFRS) anerkannte Erfolgskennzahl. Das ausgewiesene EBITDA ist nicht unbedingt mit den Erfolgskennzahlen, die von anderen Unternehmen als EBITDA oder ähnliches ausgewiesen werden, vergleichbar. (2) Die Continental AG definiert EBIT (Earnings Before Interest and Tax) als Ergebnis vor Zinsen und Ertragsteuern. Die Continental AG versteht EBIT als Ergebnis der gewöhnlichen Geschäftstätigkeit und weist ihr EBIT aus, da sie der Ansicht ist, dass es sich um eine hilfreiche Kennzahl zur Beurteilung der operativen Ertragskraft des Continental-Konzerns und seiner Divisionen handelt. EBIT ist keine nach den IFRS anerkannte Erfolgskennzahl. Das ausgewiesene EBIT ist nicht unbedingt mit den Erfolgskennzahlen, die von anderen Unternehmen als EBIT oder ähnliches ausgewiesen werden, vergleichbar. (3) Die Continental AG definiert Free Cashflow bzw. Cashflow vor Finanzierungstätigkeit als Summe aus Mittelzufluss bzw. Mittelabfluss aus laufender Geschäftstätigkeit und Mittelabfluss aus Investitionstätigkeit. Die Continental AG weist ihren Free Cashflow aus, da sie der Ansicht ist, dass es sich um eine hilfreiche Kennzahl zur Beurteilung der finanziellen Leistungsfähigkeit des Continental-Konzerns und seiner Divisionen handelt. Free Cashflow ist keine nach den IFRS anerkannte Erfolgskennzahl. Der ausgewiesene Free Cashflow ist nicht unbedingt mit den Erfolgskennzahlen, die von anderen Unternehmen als Free Cashflow oder ähnliches ausgewiesen werden, vergleichbar. (4) Die Continental AG definiert Netto-Finanzschulden als Saldo der zinspflichtigen bilanzierten finanziellen Verbindlichkeiten, der beizulegenden Zeitwerte der derivativen Finanzinstrumente, der flüssigen Mittel sowie der sonstigen verzinslichen Anlagen. Die Continental AG weist ihre Netto- Finanzschulden aus, da sie der Ansicht ist, dass es sich um eine hilfreiche Kennzahl zur Beurteilung der Kapitalstruktur des Continental-Konzerns und seiner Divisionen handelt. Netto-Finanzschulden sind keine nach den IFRS anerkannte Erfolgskennzahl. Die ausgewiesenen Netto-Finanzschulden sind nicht unbedingt mit den Erfolgskennzahlen, die von anderen Unternehmen als Netto-Finanzschulden oder ähnliches ausgewiesen werden, vergleichbar. (5) Ungeprüft

7 Wesentliche Verschlechterung der Aussichten der [Emittentin] [Garantin] Wesentliche Veränderungen der Finanzlage oder Handelsposition Seit dem 31. Dezember 2016 ist keine wesentliche Verschlechterung der Aussichten der Continental AG eingetreten. Nicht zutreffend. Seit dem 30. September 2017 ist keine wesentliche Veränderung der Finanzlage oder Handelsposition der Continental AG eingetreten." II. Changes relating to the section "General Information on the Issuers" Change to the section "General Information on the Issuers Continental AG Issuer and Guarantor Historical Financial Information" In the section headed "General Information on the Issuers Continental AG Issuer and Guarantor Historical Financial Information" on pages of the Prospectus (as supplemented by Supplement No. 1, pages 12-14) the third paragraph, including the table following, shall be deleted and replaced by the following: "The unaudited and unreviewed condensed interim consolidated financial statements of Continental AG for the ninemonth period ending September 30, 2017, which were prepared on the basis of International Financial Reporting Standards (IFRS) as adopted by the European Union, together contained in Continental AG s Financial Report (Finanzbericht) as at September 30, 2017 on pages 27 to 39, are incorporated by reference into this Prospectus. The following selected financial information has been extracted without material adjustment from the consolidated financial statements in Continental AG s Annual Report (Geschäftsbericht) 2016 (audited) and Continental AG s Financial Report (Finanzbericht) as at September 30, 2017 (unaudited), unless otherwise indicated: Selected Key Financial Data of the Continental Group Jan. 01 Sept. 30, Jan. 01 Dec. 31, (unaudited) (unaudited) (audited) (audited) Sales... 32, , , ,232.0 Cost of sales , , , ,056.8 Gross margin on sales... 8, , , ,175.2 EBITDA (1) (5)... 4, , , ,001.4 EBIT (2)... 3, , , ,115.6 Net interest result Earnings before tax... 3, , , ,870.0 Cash flow arising from operating activities... 2, , , ,915.6 Cash flow arising from investing activities... -2, , , ,472.0 Cash flow before financing activities (free cash flow) (3) , , ,443.6 Cash flow arising from financing activities , , ,097.6 Change in cash and cash equivalents ,654.0 Cash and cash equivalents at the end of the reporting period... 1, , , ,621.5 Net income... 2, , , ,779.6 Non-controlling interests Net income attributable to the shareholders of the parent... 2, , , ,727.4 Net indebtedness at the end of the reporting period (4) (5)... 3, , , ,541.9 Basic earnings per share in EUR Diluted earnings per share in EUR

8 Sept. 30, Dec. 31, Dec. 31, (unaudited) (audited) (audited) Non-current assets... 21, , ,666.6 Current assets... 15, , ,169.1 Total assets... 37, , ,835.7 Equity attributable to the shareholders of the parent... 15, , ,786.3 Non-controlling interests Total equity... 15, , ,213.9 Non-current liabilities... 7, , ,521.0 Current liabilities... 14, , ,100.8 Total equity and liabilities... 37, , ,835.7 Number of employees at the end of the reporting period (excluding trainees) , , ,899 (1) Continental AG defines EBITDA (Earnings before interest, tax, depreciation and amortization) as the sum of (i) EBIT and (ii) depreciation of property, plant and equipment and amortization of intangible assets (excluding impairment on financial investments). Continental AG reports its EBITDA because it believes it is a helpful figure for evaluating the Continental Group's and its divisions' operating performance. EBITDA is not a performance indicator recognized under International Financial Reporting Standards (IFRS). The EBITDA reported is not necessarily comparable to the performance figures published by other companies as EBITDA or the like. Jan. 01 Sept. 30, Jan. 01 Dec. 31, (unaudited) (unaudited) (audited) (audited) EBITDA (a) 4, , , ,001.4 Depreciation and amortization (b) -1, , , ,885.8 EBIT (Earnings before interest and tax) 3, , , ,115.6 (a) Unaudited. (b) Excluding impairment on financial investments. (2) Continental AG defines EBIT (Earnings before interest and tax) as the result of ordinary business activities. Continental AG reports its EBIT because it believes it is a helpful figure for evaluating the Continental Group s and its divisions operating performance. EBIT is not a performance indicator recognized under IFRS. The EBIT reported is not necessarily comparable to the performance figures published by other companies as EBIT or the like. (3) Continental AG defines free cash flow as the sum of cash flows arising from operating and investing activities. Continental AG reports its free cash flow because it believes it is a helpful figure for evaluating the Continental Group s and its divisions financial performance. Free cash flow is not a performance indicator recognized under IFRS. The free cash flow reported is not necessarily comparable to the performance figures published by other companies as free cash flow or the like

9 (4) Continental AG defines net indebtedness as the net amount of interest-bearing financial liabilities, as recognized in the balance sheet, the positive fair values of the derivative instruments, cash and cash equivalents, as well as other interest-bearing investments. Continental AG reports its net indebtedness because it believes it is a helpful figure for evaluating the Continental Group s and its divisions capital structure. Net indebtedness is not a performance indicator recognized under IFRS. The net indebtedness reported is not necessarily comparable to the performance figures published by other companies as net indebtedness or the like. Sept. 30, 2017 Sept. 30, 2016 Dec. 31, 2016 Dec. 31, 2015 (unaudited) (unaudited) (audited) (audited) Long-term indebtedness 2, , , ,175.0 Short-term indebtedness 2, , , ,069.8 Long-term derivative instruments and interest-bearing investments Short-term derivative instruments and interest-bearing investments Cash and cash equivalents -1, , , ,621.5 Net indebtedness (a) 3, , , ,541.9 (a) Unaudited. (5) Unaudited." Change to the section "General Information on the Issuers Continental AG Issuer and Guarantor Significant Changes in the Financial or Trading Position" The section headed "General Information on the Issuers Continental AG Issuer and Guarantor Significant Changes in the Financial or Trading Position" on page 75 of the Prospectus (as supplemented by Supplement No. 1, page 14) shall be deleted and replaced by the following: "There has been no significant change in the financial or trading position of Continental AG since September 30, 2017." III. Changes relating to the section "Business of the Continental Group" Change to the section "Business of the Continental Group Investments" In the section headed "Business of the Continental Group Investments" on page 87 of the Prospectus the following sentence shall be added to the end of the first paragraph: "On November 3, 2017, Continental acquired Argus Cyber Security Ltd., Tel Aviv, Israel, with an aim to offer multilayered end-to-end automotive cybersecurity solutions and services as well as secure over the air software updates for customers around the globe." Change to the section "Business of the Continental Group Outlook" The section headed "Business of the Continental Group Outlook" on page 93 of the Prospectus (as supplemented by Supplement No. 1, page 17) shall be deleted and replaced by the following: "Outlook According to Continental AG's estimates, global light vehicle production (passenger cars, station wagons and light commercial vehicles) is expected to increase by 2% in Continental AG expects demand on Continental s key markets for replacement tires for passenger cars and light commercial vehicles - Europe and North America - to grow in 2017 by 2% in Europe and 0% in North America

10 Based on these market assumptions and under the assumption of constant exchange rates year-on-year, Continental AG anticipates an increase in consolidated sales in 2017 to more than EUR 44 billion. At current exchange rates, Continental AG expects consolidated sales of around EUR 44 billion for 2017." IV. Changes relating to the section "General Information" Change to the section "General Information Documents on Display" The following content shall be added to the section headed "General Information Documents on Display" on pages 220 to 221 of the Prospectus (as supplemented by Supplement No. 1, page 17) after numbered item (i), and the numbering of the following numbered items shall be amended accordingly: "(ii) a copy of the unaudited condensed interim consolidated financial statements of Continental AG as at and for the nine-month period ending September 30, 2017;" V. Changes relating to the section "Documents Incorporated by Reference" Change to the section "Documents Incorporated by Reference Continental AG" The following content shall be added to the section headed "Documents Incorporated by Reference Continental AG" on page 222 of the Prospectus (as supplemented by Supplement No. 1, page 18) at the beginning of this section: "Unaudited condensed interim consolidated financial statements of Continental AG as at and for the nine-month period ending September 30, 2017 (English language version) Consolidated Statement of Income page 27 Consolidated Statement of Comprehensive Income page 28 Consolidated Statement of Financial Position page 29 Consolidated Statement of Cash Flows page 30 Consolidated Statement of Changes in Equity page 31 Explanatory Notes to the Consolidated Financial Statements pages 32-39" Save as disclosed in this Supplement No. 2, there has been no other significant new factor, material mistake or inaccuracy relating to the information included in the Prospectus as supplemented by Supplement No. 1, which is capable of affecting the assessment of the Notes issued under the Programme since the publication of the Prospectus and Supplement No

Supplement. to the Prospectus dated 17 May 2013 UniCredit Bank AG Munich, Federal Republic of Germany

Supplement. to the Prospectus dated 17 May 2013 UniCredit Bank AG Munich, Federal Republic of Germany This document constitutes a supplement (the "Supplement") to the base prospectuses dated 17 May 2013 (two prospectuses), each as supplemented from time to time, pursuant to section 16 paragraph 1 of the

Mehr

Supplement No. 1 dated August 21, 2017 to the Base Prospectus dated May 4, 2017

Supplement No. 1 dated August 21, 2017 to the Base Prospectus dated May 4, 2017 Supplement No. 1 dated August 21, 2017 to the Base Prospectus dated May 4, 2017 Supplement No. 1 pursuant to Art. 16(1) of Directive 2003/71/EC (as amended) (the Prospectus Directive) and Art. 13(1) of

Mehr

MORGAN STANLEY & CO. INTERNATIONAL PLC (incorporated with limited liability in England and Wales)

MORGAN STANLEY & CO. INTERNATIONAL PLC (incorporated with limited liability in England and Wales) BASE PROSPECTUS SUPPLEMENT MORGAN STANLEY & CO. INTERNATIONAL PLC (incorporated with limited liability in England and Wales) MORGAN STANLEY B.V. (incorporated with limited liability in The Netherlands)

Mehr

J.P. Morgan Structured Products B.V. (incorporated with limited liability in The Netherlands)

J.P. Morgan Structured Products B.V. (incorporated with limited liability in The Netherlands) SUPPLEMENT NO. 2 DATED 6 MAY 2019 TO THE BASE PROSPECTUS DATED 26 SEPTEMBER 2018 J.P. Morgan Structured Products B.V. (incorporated with limited liability in The Netherlands) as Issuer and J.P. Morgan

Mehr

METRO AG (Düsseldorf, Federal Republic of Germany) as Issuer and, in respect of notes (the "Notes") issued by Metro Finance B.V.

METRO AG (Düsseldorf, Federal Republic of Germany) as Issuer and, in respect of notes (the Notes) issued by Metro Finance B.V. First Supplement to the Debt Issuance Programme Prospectus dated 10 February 2015 Dated 6 March 2015 This document constitutes a supplement (the "Supplement") for the purposes of Article 16 of Directive

Mehr

COMMERZBANK AKTIENGESELLSCHAFT Frankfurt am Main Federal Republic of Germany

COMMERZBANK AKTIENGESELLSCHAFT Frankfurt am Main Federal Republic of Germany Sixth Supplement dated 25 August to the Base Prospectus dated 8 October 2013 COMMERZBANK AKTIENGESELLSCHAFT Frankfurt am Main Federal Republic of Germany 25,000,000,000 Medium Term Note Programme (the

Mehr

VOLKSWAGEN BANK GMBH

VOLKSWAGEN BANK GMBH First Supplement dated 31 July 2015 to the Prospectus dated 11 June 2015 VOLKSWAGEN BANK GMBH Braunschweig, Federal Republic of Germany - Issuer - EUR 10,000,000,000 Debt Issuance Programme (the Programme)

Mehr

Merck KGaA. Merck Financial Services GmbH. EUR 15,000,000,000 Debt Issuance Program

Merck KGaA. Merck Financial Services GmbH. EUR 15,000,000,000 Debt Issuance Program First Supplement pursuant to Art. 16(1) of Directive 2003/71/EC, as amended by Directive 2010/73/EU (the Prospectus Directive) and Art. 13(1) of the Luxembourg Act (the Luxembourg Act) relating to prospectuses

Mehr

This Supplement is supplemental to, and should be read in conjunction with the Prospectus.

This Supplement is supplemental to, and should be read in conjunction with the Prospectus. First Supplement dated 23 May 2013 to the Debt Issuance Programme Prospectus dated 2 May 2013 This document constitutes a supplement (the "Supplement") for the purposes of Article 16 of Directive 2003/71/EC

Mehr

Wüstenrot Bausparkasse Aktiengesellschaft Ludwigsburg, Federal Republic of Germany. First Supplement

Wüstenrot Bausparkasse Aktiengesellschaft Ludwigsburg, Federal Republic of Germany. First Supplement 17 November 2017 Wüstenrot Bausparkasse Aktiengesellschaft Ludwigsburg, Federal Republic of Germany First Supplement in accordance with Section 16(1) of the German Securities Prospectus Act (Wertpapierprospektgesetz;

Mehr

Supplement. pursuant to Section 16 para. 1 of the German Securities Prospectus Act (Wertpapierprospektgesetz) dated 5 August 2016

Supplement. pursuant to Section 16 para. 1 of the German Securities Prospectus Act (Wertpapierprospektgesetz) dated 5 August 2016 Supplement pursuant to Section 16 para. 1 of the German Securities Prospectus Act (Wertpapierprospektgesetz) dated 5 August 2016 to the base prospectuses of Citigroup Global Markets Deutschland AG, Frankfurt

Mehr

Supplement. pursuant to Section 16 para. 1 of the German Securities Prospectus Act (Wertpapierprospektgesetz) dated 28 September 2017

Supplement. pursuant to Section 16 para. 1 of the German Securities Prospectus Act (Wertpapierprospektgesetz) dated 28 September 2017 Supplement pursuant to Section 16 para. 1 of the German Securities Prospectus Act (Wertpapierprospektgesetz) dated 28 September 2017 to the base prospectuses of Citigroup Global Markets Deutschland AG,

Mehr

GRENKE AG GRENKE FINANCE PLC

GRENKE AG GRENKE FINANCE PLC Second Supplement dated 7 November 2018 to the Prospectus dated 15 February 2018 as supplemented by the First Supplement dated 14 August 2018 This document constitutes a supplement (the "Second Supplement")

Mehr

Supplement. Citigroup Global Markets Deutschland AG, Frankfurt am Main

Supplement. Citigroup Global Markets Deutschland AG, Frankfurt am Main Supplement pursuant to Section 16 para. 1 of the German Securities Prospectus Act (Wertpapierprospektgesetz) dated 4 August 2015 to the base prospectuses of Citigroup Global Markets Deutschland AG, Frankfurt

Mehr

COMMERZBANK AKTIENGESELLSCHAFT Frankfurt am Main Federal Republic of Germany

COMMERZBANK AKTIENGESELLSCHAFT Frankfurt am Main Federal Republic of Germany Sixth Supplement dated June 15, 2012 to the Base Prospectus dated October 20, 2011 COMMERZBANK AKTIENGESELLSCHAFT Frankfurt am Main Federal Republic of Germany 5,000,000,000 Credit Linked Note Programme

Mehr

(Incorporated as a stock corporation in the Republic of Austria under registered number FN m)

(Incorporated as a stock corporation in the Republic of Austria under registered number FN m) Prospectus Supplement No. 2 Erste Group Bank AG (Incorporated as a stock corporation in the Republic of Austria under registered number FN 33209 m) Structured Notes Programme This supplement (the "Supplement")

Mehr

Supplement No. 6 dated 6 April 2018 Nachtrag Nr. 6 vom 6. April Supplement No. 8 dated 6 April 2018 Nachtrag Nr. 8 vom 6.

Supplement No. 6 dated 6 April 2018 Nachtrag Nr. 6 vom 6. April Supplement No. 8 dated 6 April 2018 Nachtrag Nr. 8 vom 6. Supplement Dated 6 April 2018 within the meaning of 16 German Securities Prospectus Act (Wertpapierprospektgesetz, "WpPG"), and within the meaning of Article 22(3) Additional Rules Derivatives of the SIX

Mehr

RAIFFEISEN BANK INTERNATIONAL AG. EUR 25,000,000,000 Debt Issuance Programme

RAIFFEISEN BANK INTERNATIONAL AG. EUR 25,000,000,000 Debt Issuance Programme First Supplement dated 29 August 2014 to the Debt Issuance Programme Prospectus dated 19 August 2014 relating to the EUR 25,000,000,000 Debt Issuance Programme This document constitutes a supplement (the

Mehr

Supplement. pursuant to Section 16 para. 1 of the German Securities Prospectus Act (Wertpapierprospektgesetz) dated 28 August 2017

Supplement. pursuant to Section 16 para. 1 of the German Securities Prospectus Act (Wertpapierprospektgesetz) dated 28 August 2017 Supplement pursuant to Section 16 para. 1 of the German Securities Prospectus Act (Wertpapierprospektgesetz) dated 28 August 2017 to the base prospectuses of Citigroup Global Markets Deutschland AG, Frankfurt

Mehr

COMMERZBANK AKTIENGESELLSCHAFT Frankfurt am Main Federal Republic of Germany

COMMERZBANK AKTIENGESELLSCHAFT Frankfurt am Main Federal Republic of Germany Supplement dated 30 October 2013 to the Base Prospectus dated 8 October 2013 COMMERZBANK AKTIENGESELLSCHAFT Frankfurt am Main Federal Republic of Germany 25,000,000,000 Medium Term Note Programme (the

Mehr

Bertelsmann SE & Co. KGaA

Bertelsmann SE & Co. KGaA First Supplement dated 10 July 2018 to the Debt Issuance Programme Prospectus dated 18 April 2018 This document constitutes a supplement (the "First Supplement") within the meaning of Article 16 of Directive

Mehr

COMMERZBANK AKTIENGESELLSCHAFT Frankfurt am Main Federal Republic of Germany

COMMERZBANK AKTIENGESELLSCHAFT Frankfurt am Main Federal Republic of Germany Fifth Supplement dated January 9, 2009 to the Base Prospectus dated August 1, 2008 COMMERZBANK AKTIENGESELLSCHAFT Frankfurt am Main Federal Republic of Germany 5,000,000,000 Credit Linked Note Programme

Mehr

ED/2014/6 Disclosure Initiative (Proposed amendments to IAS 7)

ED/2014/6 Disclosure Initiative (Proposed amendments to IAS 7) ED/2014/6 Disclosure Initiative (Proposed amendments to IAS 7) Liesel Knorr Öffentliche Diskussion Frankfurt am Main, 12. Januar 2015-1 - DRSC e.v. / Öffentliche Diskussion / 12.01.2015 Inhalt 1. Zwecksetzung

Mehr

Erste Group Bank AG. Equity Linked Notes Programme. Graup. Prospectus Supplement No. 1

Erste Group Bank AG. Equity Linked Notes Programme. Graup. Prospectus Supplement No. 1 Prospectus Supplement No. 1 Erste Group Bank AG (Incorporated as a stock corporation in the Republic of Austria under registered number FN 33209 m) Equity Linked Notes Programme This supplement (the "Supplement")

Mehr

Deutsche Hypothekenbank (Actien-Gesellschaft)

Deutsche Hypothekenbank (Actien-Gesellschaft) First Supplement dated 27 April 2016 to the Debt Issuance Programme Prospectus dated 15 October 2015 This document constitutes a supplement within the meaning of Article 16 of Directive 2003/71/EC, as

Mehr

Deutsche Hypothekenbank (Actien-Gesellschaft)

Deutsche Hypothekenbank (Actien-Gesellschaft) First Supplement dated 19 April 2017 to the Debt Issuance Programme Prospectus dated 17 October 2016 This document constitutes a supplement within the meaning of Article 16 of Directive 2003/71/EC, as

Mehr

MORGAN STANLEY & CO. INTERNATIONAL PLC (incorporated with limited liability in England and Wales)

MORGAN STANLEY & CO. INTERNATIONAL PLC (incorporated with limited liability in England and Wales) Supplement dated 20 December 2013 to the Base Prospectus for Fixed Income Notes dated 27 June 2013, the Base Prospectus for Equity linked Notes and Certificates dated 27 June 2013, the Base Prospectus

Mehr

Supplement. under the. Euro 10,000,000,000 Credit Linked Securities Programme established by. UniCredit Bank AG Munich, Federal Republic of Germany

Supplement. under the. Euro 10,000,000,000 Credit Linked Securities Programme established by. UniCredit Bank AG Munich, Federal Republic of Germany This document constitutes a supplement (the "Supplement") to the base prospectuses of UniCredit Bank AG dated 22 June 2011 and 22 June 2012, as supplemented from time to time, pursuant to section 16 paragraph

Mehr

Supplement No. 8 dated 15 August 2017 Nachtrag Nr. 8 vom 15. August 2017

Supplement No. 8 dated 15 August 2017 Nachtrag Nr. 8 vom 15. August 2017 Supplement Dated 15 August 2017 within the meaning of 16 German Securities Prospectus Act (Wertpapierprospektgesetz, "WpPG"), and within the meaning of Article 22(3) Additional Rules Derivatives of the

Mehr

(Incorporated as a stock corporation in the Republic of Austria under registered number FN m)

(Incorporated as a stock corporation in the Republic of Austria under registered number FN m) Prospectus Supplement No. 2 Erste Group Bank AG (Incorporated as a stock corporation in the Republic of Austria under registered number FN 33209 m) Structured Notes Programme This supplement (the "Supplement")

Mehr

Deutsche Telekom AG Bonn, Federal Republic of Germany as Issuer and as Guarantor for Notes issued by

Deutsche Telekom AG Bonn, Federal Republic of Germany as Issuer and as Guarantor for Notes issued by Supplement to the Debt Issuance Programme Prospectus dated 26 April 2007 Dated 4 March 2008 This document constitutes a supplement (the "Supplement") for the purposes of Article 16 of Directive 2003/71/EC

Mehr

(Incorporated as a stock corporation in the Republic of Austria under registered number FN 33209 m)

(Incorporated as a stock corporation in the Republic of Austria under registered number FN 33209 m) Prospectus Supplement No. 9 Erste Group Bank AG (Incorporated as a stock corporation in the Republic of Austria under registered number FN 33209 m) Equity Linked Notes Programme This supplement (the "Supplement

Mehr

MORGAN STANLEY & CO. INTERNATIONAL PLC

MORGAN STANLEY & CO. INTERNATIONAL PLC Supplement no. 4 dated 30 August 2017 to the Base Prospectus for Equity Linked and Bond Linked Securities dated 5 December 2016 as supplemented by supplement no. 1, supplement no. 2 and supplement no.

Mehr

Bericht I. Quartal 2002/

Bericht I. Quartal 2002/ Bericht I. Quartal 22/23 1.7. - 3.9.22 Beim Auftragseingang ist die seit über 18 Monaten zu beobachtende Tendenz der industriellen Abnehmer, immer nur den kurzfristigen Bedarf zu ordern, weiterhin zu spüren.

Mehr

EUR 25,000,000,000 Debt Issuance Programme (the "Programme")

EUR 25,000,000,000 Debt Issuance Programme (the Programme) First Supplement dated 31 July 2015 to the Prospectus dated 11 June 2015 VOLKSWAGEN FINANCIAL SERVICES AKTIENGESELLSCHAFT Braunschweig, Federal Republic of Germany - Issuer and/or Guarantor - VOLKSWAGEN

Mehr

EFG FINANCIAL PRODUCTS AG, Zurich, Switzerland (incorporated in Switzerland) as Issuer (the "Issuer")

EFG FINANCIAL PRODUCTS AG, Zurich, Switzerland (incorporated in Switzerland) as Issuer (the Issuer) Supplement dated 14 June 2013 EFG FINANCIAL PRODUCTS AG, Zurich, Switzerland (incorporated in Switzerland) as Issuer (the "Issuer") which may also be acting through its Guernsey branch: EFG Financial Products

Mehr

COMMERZBANK AKTIENGESELLSCHAFT Frankfurt am Main Federal Republic of Germany

COMMERZBANK AKTIENGESELLSCHAFT Frankfurt am Main Federal Republic of Germany Fourth Supplement dated December 1, 2008 to the Base Prospectus dated August 1, 2008 COMMERZBANK AKTIENGESELLSCHAFT Frankfurt am Main Federal Republic of Germany 5,000,000,000 Credit Linked Note Programme

Mehr

HYPO TIROL BANK AG. EUR 5,750,000,000 Debt Issuance Programme (the "Programme")

HYPO TIROL BANK AG. EUR 5,750,000,000 Debt Issuance Programme (the Programme) Fourth Supplement dated 26 April 2016 to the Prospectus dated 9 June 2015 This document constitutes a supplement (the "Fourth Supplement") within the meaning of Article 16 of the Directive 2003/71/EC of

Mehr

Deutsche Telekom AG Bonn, Federal Republic of Germany as Issuer and as Guarantor for Notes issued by

Deutsche Telekom AG Bonn, Federal Republic of Germany as Issuer and as Guarantor for Notes issued by Supplement to the Debt Issuance Programme Prospectus dated 28 April 2006 Dated 8 March 2007 This document constitutes a supplement (the "Supplement") for the purposes of Article 16 of Directive 2003/71/EC

Mehr

Vorläufiger Konzern abschluss 2015 >

Vorläufiger Konzern abschluss 2015 > Vorläufiger Konzern abschluss 2015 > Die Angaben sind vorläufig und wurden vom Aufsichtsrat noch nicht gebilligt bzw. festgestellt. 5 Vorläufiger Konzernabschluss 2015 1 Continental-Konzern Continental-Konzern

Mehr

COMMERZBANK AKTIENGESELLSCHAFT Frankfurt am Main Federal Republic of Germany

COMMERZBANK AKTIENGESELLSCHAFT Frankfurt am Main Federal Republic of Germany Eighth Supplement dated August 1, 2012 to the Base Prospectus dated October 20, 2011 COMMERZBANK AKTIENGESELLSCHAFT Frankfurt am Main Federal Republic of Germany 5,000,000,000 Credit Linked Note Programme

Mehr

Société d Investissement à Capital Variable

Société d Investissement à Capital Variable Société d Investissement à Capital Variable April 25, 2008 Dear Shareholders, This is to inform you of a revision of the audited 2007 Annual Report of the Global Advantage Funds SICAV to correct the misclassification

Mehr

Free Cashflow 1.652,5 490,5. Netto-Finanzschulden 5.319, ,1 Gearing Ratio in % 58,2 89,8

Free Cashflow 1.652,5 490,5. Netto-Finanzschulden 5.319, ,1 Gearing Ratio in % 58,2 89,8 2 vom Aufsichtsrat noch nicht gebilligt bzw. festgestellt. 2 Vorläufige r Konzernabschluss 2012 Die Angaben sind vorläufig und wurden Vorläufiger Konzernabschluss 2012 Continental-Konzern Continental-Konzern

Mehr

Niedrigzinsen ade? Management von Zinsrisiken bei der Vonovia. Dr. Frank Reifenrath Finanzen & Treasury

Niedrigzinsen ade? Management von Zinsrisiken bei der Vonovia. Dr. Frank Reifenrath Finanzen & Treasury Niedrigzinsen ade? Management von Zinsrisiken bei der Vonovia. Dr. Frank Reifenrath Finanzen & Treasury Unsere 3 Kernrisiken Reputation Regulation Rates Risiko-Identifikation (1) Finanzielle Verbindlichkeiten

Mehr

Combined financial statements as of December 31, 2017

Combined financial statements as of December 31, 2017 Combined financial statements as of December 31, 2017 AUDITOR'S REPORT Aid to the Church in Need (Foundation under Canon Law) Königstein im Taunus KPMG AG Wirtschaftsprüfungsgesellschaft This

Mehr

BASE PROSPECTUS FOR EQUITY LINKED AND BOND LINKED SECURITIES BASISPROSPEKT FÜR AKTIENBEZOGENE UND ANLEIHEBEZOGENE WERTPAPIERE

BASE PROSPECTUS FOR EQUITY LINKED AND BOND LINKED SECURITIES BASISPROSPEKT FÜR AKTIENBEZOGENE UND ANLEIHEBEZOGENE WERTPAPIERE Supplement dated 17 September 2015 to the Base Prospectus for Equity and Bond Linked Securities and to the Basisprospekt für Aktienbezogene und Anleihebezogene Wertpapiere dated 26 June 2015 BASE PROSPECTUS

Mehr

Vorläufiges Ergebnis für das Geschäftsjahr 2017 Bilanzpressekonferenz. Frankfurt am Main, 21. Februar 2018

Vorläufiges Ergebnis für das Geschäftsjahr 2017 Bilanzpressekonferenz. Frankfurt am Main, 21. Februar 2018 Vorläufiges Ergebnis für das Geschäftsjahr Bilanzpressekonferenz Frankfurt am Main, 21. Februar 2018 Deutsche Börse Group 1 Wesentliche vorläufige Kennzahlen für das Jahr Nettoerlöse Konzern-Periodenüberschuss

Mehr

Implenia. Zeitreihen

Implenia. Zeitreihen Implenia Zeitreihen Februar 2013 Erfolgsrechnung Konzernumsatz +173 (+7%) Operatives Ergebnis +10,7 (+11%) 2 324 2 280 2 388 2 523 2 696 59,0 67,6 77,7 93,7 104,4 EBIT der Konzernbereiche +10,6 (+11%)

Mehr

OTTO (GMBH & CO KG) 2,000,000,000 Debt Issuance Programme

OTTO (GMBH & CO KG) 2,000,000,000 Debt Issuance Programme 1 st Supplement pursuant to Art. 16(1) of Directive 2003/71/EC, as amended (the Prospectus Directive) and Art. 13 (1) of the Luxembourg Act (the Luxembourg Act) relating to prospectuses for securities

Mehr

Arranger Deutsche Bank Dealers. J.P. Morgan. Standard Chartered Bank

Arranger Deutsche Bank Dealers. J.P. Morgan. Standard Chartered Bank Base Prospectus Dated May 4, 2018 This document constitutes three base prospectuses: (i) the base prospectus of Continental Aktiengesellschaft in respect of non-equity securities within the meaning of

Mehr

RAIFFEISEN BANK INTERNATIONAL AG. EUR 25,000,000,000 Debt Issuance Programme

RAIFFEISEN BANK INTERNATIONAL AG. EUR 25,000,000,000 Debt Issuance Programme Second Supplement dated 06 February 2017 to the Debt Issuance Programme Prospectus dated 14 October 2016 relating to the EUR 25,000,000,000 Debt Issuance Programme This document constitutes a supplement

Mehr

Vorläufiger. Die Angaben sind vorläufig und wurden vom Aufsichtsrat noch nicht gebilligt bzw. festgestellt.

Vorläufiger. Die Angaben sind vorläufig und wurden vom Aufsichtsrat noch nicht gebilligt bzw. festgestellt. Vorläufiger 9 Konzernabschluss009 Die Angaben sind vorläufig und wurden vom Aufsichtsrat noch nicht gebilligt bzw. festgestellt. Vorläufiger Konzernabschluss 009 Continental-Konzern Continental-Konzern

Mehr

2012 7 Balance Sheet 2011 (in T ) 2012 (in T ) Intangible assets 1,307 1,213 Tangible assets 10,722 11,298 Financial assets 128 129 Fixed assets 12,157 12,640 Inventories 34,900 33,037 Receivables

Mehr

Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft SEVENTH SUPPLEMENT DATED 20 DECEMBER 2011 TO THE BASE PROSPECTUS DATED 18 APRIL 2011 AS SUPPLEMENTED BY THE FIRST SUPPLEMENT DATED 3 MAY 2011, THE SECOND SUPPLEMENT DATED 27 JULY 2011, THE THIRD SUPPLEMENT

Mehr

Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft FIRST SUPPLEMENT DATED 3 MAY 2011 TO THE BASE PROSPECTUS DATED 18 APRIL 2011 Deutsche Bank Aktiengesellschaft (Frankfurt am Main, Germany) Euro 80,000,000,000 Debt Issuance Programme This document constitutes

Mehr

Vorläufiger Konzernabschluss 2017

Vorläufiger Konzernabschluss 2017 Vorläufiger Konzernabschluss 2017 Die Angaben sind vorläufig und wurden vom Aufsichtsrat noch nicht gebilligt bzw. festgestellt. 7 Vorläufiger Konzernabschluss 2017 1 Continental-Konzern Continental-Konzern

Mehr

Dun & Bradstreet Compact Report

Dun & Bradstreet Compact Report Dun & Bradstreet Compact Report Identification & Summary (C) 20XX D&B COPYRIGHT 20XX DUN & BRADSTREET INC. - PROVIDED UNDER CONTRACT FOR THE EXCLUSIVE USE OF SUBSCRIBER 86XXXXXX1. ATTN: Example LTD Identification

Mehr

Orad Hi-Tec Systems Ltd ( Orad oder das Unternehmen ) Ergebnisse für das zweite Quartal und die ersten sechs Monate 2013

Orad Hi-Tec Systems Ltd ( Orad oder das Unternehmen ) Ergebnisse für das zweite Quartal und die ersten sechs Monate 2013 Orad Hi-Tec Systems Ltd ( Orad oder das Unternehmen ) Ergebnisse für das zweite Quartal und die ersten sechs Monate 2013 Orad erzielt 7,3 Mio. US-Dollar Umsatz im zweiten Quartal 2013 Deutlicher Anstieg

Mehr

Supplement No. 1 dated 11 February 2015 to the Base Prospectus dated 28 November 2014. IKB Deutsche Industriebank Aktiengesellschaft ("IKB")

Supplement No. 1 dated 11 February 2015 to the Base Prospectus dated 28 November 2014. IKB Deutsche Industriebank Aktiengesellschaft (IKB) Supplement No. 1 dated 11 February 2015 to the Base Prospectus dated 28 November 2014 IKB Deutsche Industriebank Aktiengesellschaft ("IKB") (incorporated as a stock corporation under the laws of the Federal

Mehr

Carsten Berkau: Bilanzen Solution to Chapter 9

Carsten Berkau: Bilanzen Solution to Chapter 9 Aufgabe 10.19: Statements of Cash Flows ATHLON Ltd. is a pharmacy. The business is established in a mall and was established in 20X2. The financial statements for the accounting period 20X7 are given below:

Mehr

Vorläufiger Konzernabschluss 2018

Vorläufiger Konzernabschluss 2018 Vorläufiger Konzernabschluss 2018 Die Angaben sind vorläufig und wurden vom Aufsichtsrat noch nicht gebilligt bzw. festgestellt. 8 Vorläufiger Konzernabschluss 2018 1 Continental-Konzern Continental-Konzern

Mehr

1r Die Angaben sind vorläufig und wurden vom Aufsichtsrat noch nicht gebilligt bzw. festgestellt.

1r Die Angaben sind vorläufig und wurden vom Aufsichtsrat noch nicht gebilligt bzw. festgestellt. 1r12011 Vorläufige Konzernabschluss Die Angaben sind vorläufig und wurden vom Aufsichtsrat noch nicht gebilligt bzw. festgestellt. 2 Vorläufiger Konzernabschluss 2011 Continental-Konzern Continental-Konzern

Mehr

Umrüstung von SMA Wechselrichtern nach SysStabV Bernd Lamskemper

Umrüstung von SMA Wechselrichtern nach SysStabV Bernd Lamskemper Umrüstung von SMA Wechselrichtern nach SysStabV Bernd Lamskemper Disclaimer IMPORTANT LEGAL NOTICE This presentation does not constitute or form part of, and should not be construed as, an offer or invitation

Mehr

1Konzernabschluss. Die Angaben sind vorläufig und wurden vom Aufsichtsrat noch nicht gebilligt bzw. festgestellt.

1Konzernabschluss. Die Angaben sind vorläufig und wurden vom Aufsichtsrat noch nicht gebilligt bzw. festgestellt. 1Konzernabschluss Vorläufige r 0010 Die Angaben sind vorläufig und wurden vom Aufsichtsrat noch nicht gebilligt bzw. festgestellt. Vorläufiger Konzernabschluss 010 Continental-Konzern Continental-Konzern

Mehr

Audi Investor and Analyst Day 2011 Axel Strotbek

Audi Investor and Analyst Day 2011 Axel Strotbek Audi Investor and Analyst Day 2011 Axel Strotbek Member of the Board of Management, Finance and Organization Economic development of key sales regions 2007 to [GDP in % compared with previous year] USA

Mehr

Carsten Berkau: Bilanzen Solution to Chapter 13

Carsten Berkau: Bilanzen Solution to Chapter 13 Task IM-13.4: Eigenkapitalveränderungsrechnung (Statement of Changes in Equity along IFRSs) ALDRUP AG is a company based on shares and applies the Company s act in Germany (AktG). ALDRUP AG has been established

Mehr

Deutsche Hypothekenbank (Actien-Gesellschaft)

Deutsche Hypothekenbank (Actien-Gesellschaft) First Supplement dated 1 April 2015 to the Debt Issuance Programme Prospectus dated 16 October 2014 This document constitutes a supplement within the meaning of Article 16 of Directive 2003/71/EC, as amended

Mehr

Supplement No. 4 dated 5 January 2018 Nachtrag Nr. 4 vom 5. Januar 2018

Supplement No. 4 dated 5 January 2018 Nachtrag Nr. 4 vom 5. Januar 2018 Supplement Dated 5 January 2018 within the meaning of 16 German Securities Prospectus Act (Wertpapierprospektgesetz, "WpPG"), and within the meaning of Article 22(3) Additional Rules Derivatives of the

Mehr

Vorläufiger Konzern abschluss 2016 >

Vorläufiger Konzern abschluss 2016 > Vorläufiger Konzern abschluss 2016 > Die Angaben sind vorläufig und wurden vom Aufsichtsrat noch nicht gebilligt bzw. festgestellt. 6 Vorläufiger Konzernabschluss 2016 1 Continental-Konzern Continental-Konzern

Mehr

Notice pursuant to article 93 section 2 BörseG (Austrian Stock Exchange Act)

Notice pursuant to article 93 section 2 BörseG (Austrian Stock Exchange Act) Notice pursuant to article 93 section 2 BörseG (Austrian Stock Exchange Act) Vienna, 5 May 2017 Pursuant to article 93 section 2 of the Austrian Stock Exchange Act (Börse Gesetz), Semperit AG Holding (ISIN

Mehr

Hypothekendeckungsstock

Hypothekendeckungsstock Hypothekendeckungsstock 30.06.2018 Deckungsstöcke Hypothekendeckungsstock Deckungsmasse nach Ländern Mrd. (Nominal) 7,9 8,0 31.03.2018 Gesamt: 16,8 Mrd. 1 30.06.2018 Gesamt: 16,7 Mrd. 1 1,9 1,9 1,4 1,4

Mehr

Öffentlicher Deckungsstock

Öffentlicher Deckungsstock Öffentlicher Deckungsstock 31.12.2018 Deckungsstöcke Öffentlicher Deckungsstock Deckungsmasse nach Ländern Mrd. (Nominal) 5,9 5,8 4,1 4,1 2,9 2,9 30.09.2018 / Gesamt: 15,5 Mrd. 31.12.2018 / Gesamt: 15,5

Mehr

Öffentlicher Deckungsstock

Öffentlicher Deckungsstock Öffentlicher Deckungsstock 30.06.2017 Deckungsstöcke Öffentlicher Deckungsstock Deckungsmasse nach Ländern EUR Milliarden (Nominal) 8,7 7,6 31.03.2017 / Gesamt: EUR 18,8 Mrd. 1 30.06.2017 / Gesamt: EUR

Mehr

Taxation in Austria - Keypoints. CONFIDA Klagenfurt Steuerberatungsgesellschaft m.b.h

Taxation in Austria - Keypoints. CONFIDA Klagenfurt Steuerberatungsgesellschaft m.b.h Taxation in Austria - Keypoints 1 CONFIDA TAX AUDIT CONSULTING Our history: Founded in 1977 Currently about 200 employees Member of International Association of independent accounting firms since1994 Our

Mehr

MORGAN STANLEY & CO. INTERNATIONAL PLC (incorporated with limited liability in England and Wales)

MORGAN STANLEY & CO. INTERNATIONAL PLC (incorporated with limited liability in England and Wales) SUPPLEMENT BASE PROSPECTUS FOR FIXED INCOME NOTES BASE PROSPECTUS FOR EQUITY LINKED AND BOND LINKED SECURITIES BASE PROSPECTUS FOR INDEX LINKED SECURITIES BASE PROSPECTUS FOR COMMODITY AND CURRENCY LINKED

Mehr

Englische Fassung der Bescheinigung im Sinne der Rn. 5 des BMF-Schreibens vom 22. Juli 2005 (BStBl I 2005 S. 829)

Englische Fassung der Bescheinigung im Sinne der Rn. 5 des BMF-Schreibens vom 22. Juli 2005 (BStBl I 2005 S. 829) Postanschrift Berlin: Bundesministeriu m der Finanzen, 11016 Berlin Gerd Müller Gatermann Unterabteilungsleiter IV B POSTANSCHRIFT Bundesministerium der Finanzen, 11016 Berlin Zentraler Kreditausschuss

Mehr

Hypothekendeckungsstock

Hypothekendeckungsstock Hypothekendeckungsstock 30.06.2017 Deckungsstöcke Hypothekendeckungsstock Deckungsmasse nach Ländern EUR Milliarden (Nominal) 7,3 7,3 2,8 2,7 2,1 2,2 31.03.2017 Gesamt: EUR 16,0 Mrd. 1 30.06.2017 Gesamt:

Mehr

Öffentlicher Deckungsstock

Öffentlicher Deckungsstock Öffentlicher Deckungsstock 30.09.2017 Deckungsstöcke Öffentlicher Deckungsstock Deckungsmasse nach Ländern EUR Milliarden (Nominal) 7,6 7,2 4,2 4,2 2,8 2,7 30.06.2017 / Gesamt: EUR 17,7 Mrd. 1 30.09.2017

Mehr

Öffentlicher Deckungsstock

Öffentlicher Deckungsstock Öffentlicher Deckungsstock 31.03.2018 Deckungsstöcke Öffentlicher Deckungsstock Deckungsmasse nach Ländern EUR Milliarden (Nominal) 6,9 6,3 4,1 4,1 2,8 2,8 31.12.2017 / Gesamt: EUR 16,7 Mrd. 1 31.03.2018

Mehr

(Incorporated as a stock corporation in the Republic of Austria under registered number FN m)

(Incorporated as a stock corporation in the Republic of Austria under registered number FN m) Prospectus Supplement No. 2 Erste Group Bank AG (Incorporated as a stock corporation in the Republic of Austria under registered number FN 33209 m) Warrants Programme This supplement (the "Supplement )

Mehr

HYPO NOE Gruppe Bank AG

HYPO NOE Gruppe Bank AG HYPO NOE Gruppe Bank AG (incorporated as a joint-stock corporation (Aktiengesellschaft) in the Republic of Austria) Euro 5,500,000,000 Debt Issuance Programme for the issue of the Notes (including Pfandbriefe

Mehr

Wirtschaftsstandort. Augsburg. Dr. Marcus Cieleback, Group Head of Research, PATRIZIA Immobilien AG. 27. Juni PATRIZIA Immobilien AG

Wirtschaftsstandort. Augsburg. Dr. Marcus Cieleback, Group Head of Research, PATRIZIA Immobilien AG. 27. Juni PATRIZIA Immobilien AG Wirtschaftsstandort Augsburg Dr. Marcus Cieleback, Group Head of Research, PATRIZIA Immobilien AG 27. Juni 2016 PATRIZIA Immobilien AG PATRIZIA Bürohaus Fuggerstraße 26 86150 Augsburg T +49 821 50910-000

Mehr

4% bis 7% OEVAG ERG.KAP.ANL.04/14 (ISIN: AT ) 10J.FRN Ergänzungskapitalanleihe (ISIN: AT )

4% bis 7% OEVAG ERG.KAP.ANL.04/14 (ISIN: AT ) 10J.FRN Ergänzungskapitalanleihe (ISIN: AT ) AD-HOC NOTICE Vienna, 23 July 213 ÖSTERREICHISCHE VOLKSBANKEN AKTIENGESELLSCHAFT PUBLISHES THE RESULTS OF THE OFFER TO EXCHANGE SUPPLEMENTARY NOTES NOT FOR DISTRIBUTION IN THE UNITED STATES OR TO ANY PERSON

Mehr

INVESTMENT FOR WEALTH

INVESTMENT FOR WEALTH INVESTMENT FOR WEALTH General report Comments for November 2012 Die Korrektur am Goldmarkt ist auch am Ende des Monats November noch nicht beendet. Erst bei einem definitivem erklimmen der wichtigen 1.800er

Mehr

U N D E R S T A N D I N G P E N S I O N A N D E M P L O Y E E B E N E F I T S I N T R A N S A C T I O N S

U N D E R S T A N D I N G P E N S I O N A N D E M P L O Y E E B E N E F I T S I N T R A N S A C T I O N S H E A L T H W E A L T H C A R E E R U N D E R S T A N D I N G P E N S I O N A N D E M P L O Y E E B E N E F I T S I N T R A N S A C T I O N S G E R M A N M & A A N D P R I V A T E E Q U I T Y F O R U M

Mehr

Hypothekendeckungsstock

Hypothekendeckungsstock Hypothekendeckungsstock 31.12.2017 Deckungsstöcke Hypothekendeckungsstock Deckungsmasse nach Ländern EUR Milliarden (Nominal) 7,4 7,5 2,7 2,6 2,1 1,9 30.09.2017 Gesamt: EUR 16,4 Mrd. 1 31.12.2017 Gesamt:

Mehr

UNTERNEHMENS- REGISTER

UNTERNEHMENS- REGISTER Betreff: Angaben zum Mitteilungspflichtigen: Angaben zum Emittenten Name: Adresse: Staat: Inhalt der Stimmrechtsmitteilung: Siemens Aktiengesellschaft: Release according to Article 26, Section 1 of the

Mehr

Zurich platziert erfolgreich nachrangige Anleihe in Höhe von EUR 750 Millionen mit begrenzter Laufzeit

Zurich platziert erfolgreich nachrangige Anleihe in Höhe von EUR 750 Millionen mit begrenzter Laufzeit Mitteilung Zurich platziert erfolgreich nachrangige Anleihe in Höhe von EUR 750 Millionen mit begrenzter Laufzeit Zürich, 17. Mai 2016 Zurich Insurance Group (Zurich) hat heute die erfolgreiche Platzierung

Mehr

Deutsche Bahn Aktiengesellschaft. Deutsche Bahn Finance B.V. Deutsche Bahn Finance GmbH

Deutsche Bahn Aktiengesellschaft. Deutsche Bahn Finance B.V. Deutsche Bahn Finance GmbH First Supplement dated 12 October 2017 to the Prospectus (as defined below) dated 24 May 2017 Deutsche Bahn Aktiengesellschaft (Berlin, Federal Republic of Germany) as Issuer and, in respect of Notes to

Mehr

Level 1 German, 2014

Level 1 German, 2014 90886 908860 1SUPERVISOR S Level 1 German, 2014 90886 Demonstrate understanding of a variety of German texts on areas of most immediate relevance 9.30 am Wednesday 26 November 2014 Credits: Five Achievement

Mehr

Supplement No. 1 dated June 19, 2013 to the Prospectus dated May 2, 2013

Supplement No. 1 dated June 19, 2013 to the Prospectus dated May 2, 2013 Supplement No. 1 dated June 19, 2013 to the Prospectus dated May 2, 2013 Supplement pursuant to Art. 16(1) of Directive 2003/71/EC (as amended) (the "Prospectus Directive") and Art. 13(1) of the Luxembourg

Mehr

KUKA Aktiengesellschaft Finanzergebnisse Q2/15 05. August 2015

KUKA Aktiengesellschaft Finanzergebnisse Q2/15 05. August 2015 Finanzergebnisse Q2/15 05. August 2015 Hightlights H1/15 1 Rekord Auftragseingang und Wachstum geht weiter 1.477,4 Mio. Umsatz (+52,5%) ohne Swisslog +20,1% 1.439,9 Mio. Auftragseingang (+21,4%) ohne Swisslog

Mehr

Rechnungswesen Prüfung (30 Minuten - 10 Punkte)

Rechnungswesen Prüfung (30 Minuten - 10 Punkte) Rechnungswesen Prüfung (30 Minuten - 10 Punkte) 1/4 - Aktiva Programmelement Verfahrensmethode Zeit Punkte Aktiva Füllen Sie die Leerstellen aus 5' 1.5 Die Aktiven zeigen die Herkunft der Vermögensgegenstände

Mehr

(Incorporated as a stock corporation in the Republic of Austria under registered number FN m)

(Incorporated as a stock corporation in the Republic of Austria under registered number FN m) Erste Group Bank AG (Incorporated as a stock corporation in the Republic of Austria under registered number FN 33209 m) Certificates Programme Under this Programme (the "Programme"), Erste Group Bank AG

Mehr

(Incorporated as a stock corporation in the Republic of Austria under registered number FN m)

(Incorporated as a stock corporation in the Republic of Austria under registered number FN m) Erste Group Bank AG (Incorporated as a stock corporation in the Republic of Austria under registered number FN 33209 m) Certificates Programme Under this Programme (the "Programme"), Erste Group Bank AG

Mehr

Carsten Berkau: Bilanzen Aufgaben zu Kapitel 4

Carsten Berkau: Bilanzen Aufgaben zu Kapitel 4 Aufgabe 4.11: Aufstellen eines Jahresabschlusses/Trial Balance (Exercise on Preparation of Financial Statements/Trial Balance) FRESEBURG Ltd. ist in der Werbebranche. Das Unternehmen wurde 20X2 gegründet.

Mehr

Major holdings notification pursuant to Sec. 130 to 134 BörseG 2018

Major holdings notification pursuant to Sec. 130 to 134 BörseG 2018 Major holdings notification pursuant to Sec. 130 to 134 BörseG 2018 Vienna, 31.08.2018 Overview Notification made after deadline Caution: In case of violations of major holdings notification rules, please

Mehr

Ordentliche Hauptversammlung der Deutsche Börse Aktiengesellschaft Frankfurt am Main. 17. Mai 2017

Ordentliche Hauptversammlung der Deutsche Börse Aktiengesellschaft Frankfurt am Main. 17. Mai 2017 Ordentliche Hauptversammlung der Deutsche Börse Aktiengesellschaft Frankfurt am Main 17. Mai 2017 Deutsche Börse Group 1 Accelerate Vision und Wachstumsstrategie Unsere Vision ist, die Gruppe Deutsche

Mehr

Turbulente Zeiten wohin steuert die Wirtschaft? Prof. Dr. Klaus W. Wellershoff

Turbulente Zeiten wohin steuert die Wirtschaft? Prof. Dr. Klaus W. Wellershoff Turbulente Zeiten wohin steuert die Wirtschaft? Prof. Dr. Klaus W. Wellershoff Baden, 18. November 2014 Welt: BIP Wachstumsraten Industrienationen und BRIC-Staaten im Vergleich Seite 2 Welt: BIP Wachstumsraten

Mehr

EBITDA, EBITDA-Marge, EBIT und EBIT-Marge

EBITDA, EBITDA-Marge, EBIT und EBIT-Marge Nachfolgend werden zentrale Finanzkennzahlen der Lenzing Gruppe näher erläutert. Sie sind weitgehend aus dem verkürzten Konzernzwischenabschluss und dem Konzernabschluss des Vorjahres der Lenzing Gruppe

Mehr