Cash flow from investing activities

Cash additions/disposals of non-current assets during the year are recognised.

In the year under review, expansion investments totalling €78.0 million were made in our properties. The acquisition price for A 10 in Wildau was €204.4 million (including ancillary acquisition costs) and was paid in cash on 1 February 2010.

In July 2010, Deutsche EuroShop AG increased its share in the Altmarkt-Galerie Dresden from 50% to 67%. The purchase price was raised by means of the issue of new shares in a non-cash capital increase. Cash and cash equivalents of €3.8 million were recognised.

On 31 December 201, Deutsche EuroShop AG acquired 9.7% of the shares in the limited partnership of DB Immobilienfonds 12 Main-Taunus-Zentrum Wieland KG, Hamburg. The purchase price of €17.1 million was paid in cash. Cash and cash equivalents of €7.8 million were recognised.

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