Annual Report 2015

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Net asset position:
Total assets for Koelnmesse GmbH increased by EUR
34.6 million and stood at EUR 278.7 in the reporting
year.Within assets, fixed assets were slightly lower,
falling EUR 0.4 million to EUR 142.8 million. Depreci-
ation and amortisation totalling to EUR 16.5 million
were offset by investments of EUR 16.2 million. EUR
3.8 million in investments applied to the Koelnmesse
commitment in Brazil. Not yet operational assets
under construction in the amount of EUR 6.4 million
were capitalised. This amount also includes capital-
ised usage rights for cloud solutions. EUR 1.6 million
in investments also concern EDP programs and other
intangible rights; there were investments totalling
EUR 3.0 million in trade fair halls and EUR 1.4 million
in operating and business equipment.
A main reason for the rise in total assets on the assets
side concerns cash and cash equivalents, which
increased by EUR 30.2 million to the current level of
EUR 119.8 million. Also significantly higher were the
other assets, which increased by EUR 4.2 million, due
mainly to higher pre-tax refund claims.
On the liabilities side, the increase in total assets
relates particularly to the increase in equity. It
increased by the amount of the 2015 net profit, by
EUR 34.1 million, and stood at EUR 138.9 million; the
equity ratio rose to 49.8% (previous year: 42.9%).
Net provisions were EUR 7.4 million higher; EUR 6.0
million of the increase is based on the increase of
other provisions, thereof particularly the further
increase in the rental provision for the Northern Halls.
Tax provisions were EUR 1.3 million higher, and the
overall item now applies mainly to the 2015 assess-
ment period, and no longer, as in the previous year, to
the 2013 assessment period.
B. Situation of Koelnmesse GmbH
Koelnmesse GmbH organized 29 own trade fairs and
exhibitions in Cologne in 2015. Most of these events
developed positively at an above average rate.
Individual trade fairs even report sales growth in the
double-digit percentage range.
Foreign trade fair participation supplements the
high-quality Koelnmesse platforms in the most
important target markets. There were 18 projects
realised worldwide in 2015, including 11 on behalf of
the German Federal Ministry for Economic Affairs
and Energy (BMWi) and 6 on behalf of the German
Federal Ministry of Food and Agriculture (BMEL).
Koelnmesse GmbH also organised an additional
project on its own.
At around EUR 62.1 million, the Services division
made a significant contribution to sales by the
consolidated companies. The aim is to continuously
expand the share of this revenue generated through
services for exhibitors in the business fields of stand
construction, technical and marketing services, and
hotel and catering services. In the Technical-Services
division, there were sales of EUR 27.6 million; the
Catering Services division recorded EUR 13.0 million,
and the Marketing Services division EUR 12.0 million
in sales. In the area of stand construction systems, in
2015 around 70,000 m2 in stand area was built, with
support provided to some 3,500 exhibitors. Sales
stood at around EUR 9.5 million.
With 37 successful projects in the area of individual
and group stand construction, this division remains
on course for growth. In the Hotel and Travel
Services division, there were approx. 34,000
overnight stays booked in Cologne and environs in
2015.
A. Trend of business of Koelnmesse GmbH
03. Trend of business and situation of Koelnmesse GmbH