+--------------------------------+--------------------------------------------------------------------------------------------------------------------------+----------------+----------------+---------------------------------+ 
|                    (2,751,375) | Finance costs                                                                                                            |      20        |                |              (5,706,195)        | 
+--------------------------------+--------------------------------------------------------------------------------------------------------------------------+----------------+----------------+---------------------------------+ 
|                                |                                                                                                                          |                |                |                                 | 
+--------------------------------+--------------------------------------------------------------------------------------------------------------------------+----------------+----------------+---------------------------------+ 
|                   (14,358,518) | Loss for the year                                                                                                        |                |                |                     (7,761,852) | 
+--------------------------------+--------------------------------------------------------------------------------------------------------------------------+----------------+----------------+---------------------------------+ 
|                                |                                                                                                                          |                |                |                                 | 
+--------------------------------+--------------------------------------------------------------------------------------------------------------------------+----------------+----------------+---------------------------------+ 
|                                | Other comprehensive income                                                                                               |                |                |                                 | 
+--------------------------------+--------------------------------------------------------------------------------------------------------------------------+----------------+----------------+---------------------------------+ 
|                      (996,677) | Foreign exchange loss on translation                                                                                     |                |                |                     (1,273,311) | 
+--------------------------------+--------------------------------------------------------------------------------------------------------------------------+----------------+----------------+---------------------------------+ 
|                                |                                                                                                                          |                |                |                                 | 
+--------------------------------+--------------------------------------------------------------------------------------------------------------------------+----------------+----------------+---------------------------------+ 
|                   (15,355,195) | Total comprehensive loss for the year                                                                                    |                |                |                     (9,035,163) | 
+--------------------------------+--------------------------------------------------------------------------------------------------------------------------+----------------+----------------+---------------------------------+ 
|                                | Loss for the year attributable to:                                                                                       |                |                |                                 | 
+--------------------------------+--------------------------------------------------------------------------------------------------------------------------+----------------+----------------+---------------------------------+ 
|                   (14,227,447) | Redeemable participating shareholders                                                                                    |                |                |                     (6,148,427) | 
+--------------------------------+--------------------------------------------------------------------------------------------------------------------------+----------------+----------------+---------------------------------+ 
|                  (131,071)     | Non-controlling interest                                                                                                 |                |                |              (1,613,425)        | 
+--------------------------------+--------------------------------------------------------------------------------------------------------------------------+----------------+----------------+---------------------------------+ 
|                                |                                                                                                                          |                |                |                                 | 
+--------------------------------+--------------------------------------------------------------------------------------------------------------------------+----------------+----------------+---------------------------------+ 
|                                | Total comprehensive loss for the year attributable to:                                                                   |                |                |                                 | 
+--------------------------------+--------------------------------------------------------------------------------------------------------------------------+----------------+----------------+---------------------------------+ 
|                   (15,224,124) | Redeemable participating shareholders                                                                                    |                |                |                     (7,151,374) | 
+--------------------------------+--------------------------------------------------------------------------------------------------------------------------+----------------+----------------+---------------------------------+ 
|                   (131,071)    | Non-controlling interest                                                                                                 |                |                |              (1,883,789)        | 
+--------------------------------+--------------------------------------------------------------------------------------------------------------------------+----------------+----------------+---------------------------------+ 
|                                |                                                                                                                          |                |                |                                 | 
+--------------------------------+--------------------------------------------------------------------------------------------------------------------------+----------------+----------------+---------------------------------+ 
|                        (EUR0.25) | Basic and diluted losses per share                                                                                       |      16        |                |                          (0.04) | 
+--------------------------------+--------------------------------------------------------------------------------------------------------------------------+----------------+----------------+---------------------------------+ 
|                         EUR0.055 | Distribution per share                                                                                                   |      20        |                |                  EUR0.100         | 
+--------------------------------+--------------------------------------------------------------------------------------------------------------------------+----------------+----------------+---------------------------------+ 
 
These financial statements were authorised and approved for issue by the 
Directors on 28 April 2010 and signed on their behalf by: 
 
Werner Schwanberg                                                         Adrian 
Waters 
Director 
      Director 
The accompanying notes form an integral part of the financial statements. 
 
 
 
COMPANY STATEMENT OF CHANGES IN NET ASSETS ATTRIBUTABLE TO PARTICIPATING 
SHAREHOLDERS 
 
For the year ended 31 December 2009 
 
+--------------------------------------------------------+----------------+-------------------------------------------+------------------------------------------+-----------------------------+ 
|                                                        |                |                                           |                                Retained  |                             | 
+--------------------------------------------------------+----------------+-------------------------------------------+------------------------------------------+-----------------------------+ 
|                                                        |                |                     Participating Shares  |                                Earnings  |                      Total  | 
+--------------------------------------------------------+----------------+-------------------------------------------+------------------------------------------+-----------------------------+ 
|                                                        |                |                                        EUR  |                                       EUR  |                          EUR  | 

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