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Deutsche Telekom AG - Interim Group report - January 1 to September 30, 2015 - Significant events and transactions

41Interim consolidated financial statements Deutsche Telekom. Interim Group Report 9M 2015. SIGNIFICANT EVENTS AND TRANSACTIONS ACCOUNTING POLICIES In accordance with § 37x (3) of the Securities Trading Act (Wertpapierhandels­ gesetz – WpHG), Deutsche Telekom AGʼs quarterly financial report comprises interim consolidated financial statements and an interim management report for the Group. The interim consolidated financial statements were prepared in accordance with the International Financial Reporting Standards (IFRSs) applicable to interim financial reporting as adopted by the EU. The interim managementreportfortheGroupwaspreparedinaccordancewiththeWpHG. STATEMENT OF COMPLIANCE The interim consolidated financial statements for the period ended September 30, 2015 are in compliance with International Accounting Standard (IAS) 34. As permitted by IAS 34, it has been decided to publish a condensed version compared to the consolidated financial statements at December 31, 2014. All IFRSs applied by Deutsche Telekom have been adopted by the European Commission for use within the EU. In the opinion of the Board of Management, the reviewed quarterly financial report includes all standard adjustments to be applied on an ongoing basis that are required to give a true and fair view of the results of operations and financial position of the Group. Please refer to the notes to the consolidated financial statements as of December 31, 2014 for the accounting policies applied for the Groupʼs financial reporting (2014 Annual Report, page 182 et seq.). INITIAL APPLICATION OF NEW STANDARDS AND INTERPRETATIONS AS WELL AS AMENDMENTS TO STANDARDS AND INTERPRETATIONS IN THE REPORTING PERIOD RELEVANT FOR THE 2015 FINANCIAL YEAR In May 2013, the IASB issued IFRIC Interpretation 21 “Levies.” The core issue in the Interpretation is the question of when to recognize a liability to pay a levy imposed by public authorities. The IFRIC clarifies that the obligating event that gives rise to a liability to pay a levy is the activity that triggers the obligation to pay the levy in accordance with the relevant legislation. However, an “economic compulsion” to continue to operate in a future period under the going concern assumption expressly does not constitute an obligating event. The new requirements were endorsed by the European Union in June 2014 and are effective for the first time within the European Union retrospectively for financial years beginning on or after June 17, 2014. The amendments do not have a material impact on the presentation of Deutsche Telekomʼs results of operations, financial position, or cash flows. In December 2013, the IASB issued “Annual Improvements to IFRSs 2011–2013 Cycle,” which amended four standards. The improvements primarily aim to provide clarifications. The amendments were endorsed by the European Union in December 2014 and are effective prospectively in the European Union for financial years beginning on or after January 1, 2015. The amendments do not have a material impact on the presentation of Deutsche Telekomʼs results of operations, financial position, or cash flows. For more information on standards, interpretations, and amendments that have been issued but not yet applied, as well as disclosures on the recognition and measurement of items in the statement of financial position and discretionary decisions and estimation uncertainties, please refer to the section “Summary of accounting policies” in the notes to the consolidated financial statements on page 182 et seq. of the 2014 Annual Report. CHANGES IN THE COMPOSITION OF THE GROUP AND TRANSACTIONS WITH OWNERS PRESENTATION OF THE QUANTITATIVE EFFECTS ON THE COMPOSITION OF THE GROUP IN THE FIRST THREE QUARTERS OF 2015 Deutsche Telekom acquired and disposed of entities in the previous financial year.Thisimposescertainlimitsonthecomparabilityoftheinterimconsolidated financial statements and the disclosures under segment reporting. The presented effects in the Europe operating segment resulted in part from the consummation on May 30, 2014 of Deutsche Telekomʼs acquisition of 100 percent of the shares in Consortium 1 S.à.r.l., Luxembourg, and hence in the GTS Central Europe group. In addition, on January 2, 2014, Deutsche Telekom sold Euronet Communications B.V., The Hague, Netherlands, which up to that date had been part of the Europe operating segment. The presented effects in the Group Headquarters & Group Services segment resulted from the sale of the shares in the Scout24 group in the first quarter of 2014. The following table shows the effect of changes in the composition of the Group on the consolidated income statement and segment reporting.

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