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Supervisory Board Report 76/77
Supervisory Board Report
In the year under review, the Supervisory Board
fulfilled the duties entrusted to it according to the
laws and regulations and monitored the manage-
ment of Koelnmesse to ensure it was conducted in
an orderly manner. During the past business year, the
Supervisory Board regularly advised the Executive
Board and monitored its activities in the course of
regular and extraordinary meetings. The Supervisory
Board was always informed promptly and thoroughly
by the Koelnmesse Executive Board about the
company‘s business development and its resulting
profitability and liquidity. The major transactions
that had to be submitted to the Supervisory Board
for approval as a result of legal stipulations or the
Articles of Association were discussed extensively
during several sessions before a decision was made.
Important business policy issues were addressed in
depth.
The consolidated financial statement, the annual
financial statement, and the management report on
Koelnmesse GmbH and the Koelnmesse consolidated
companies for the fiscal year from 1 January to 31
December 2015 were audited by BDO AG, the
auditing company commissioned for this purpose at
the stockholders’ meeting. The auditors issued an
unrestricted audit certificate for the financial
statements.
The Supervisory Board has approved the correspond-
ing audit reports. The Supervisory Board has
reviewed and approved the consolidated financial
statement, the annual financial statement, and the
management report on Koelnmesse GmbH and the
Koelnmesse consolidated companies for the fiscal
year from 1 January to 31 December 2015. The
Supervisory Board approves the Executive Board‘s
proposal to carry the accumulated profit for 2015
forward to new account.
The shareholders’ meeting will be informed of this
decision. The Supervisory Board thanks the Executive
Board and all of the Koelnmesse employees for the
work they have accomplished in the past year.
Cologne, July 2016
Henriette Reker
Mayor of the City of Cologne
Chairwoman of the Supervisory Board