BlackRock Asset Management Deutschland AG Annual Report for the year ended 30 April 2014 for the Investment Funds
iShares STOXX Europe Small 200 UCITS ETF (DE) iShares STOXX Europe Mid 200 UCITS ETF (DE) iShares STOXX Europe Large 200 UCITS ETF (DE)
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Contents Notice and Note on Licences Additional Information for Investors in Austria and France Report of the Management Board iShares STOXX Europe Small 200 UCITS ETF (DE) Fund Management Activity Report Annual Report for iShares STOXX Europe Small 200 UCITS ETF (DE) Bases of taxation pursuant to Article 5 Para. 1, Sentence 1, No. 1 and No. 2 InvStG (German Investment Tax Act) iShares STOXX Europe Mid 200 UCITS ETF (DE) Fund Management Activity Report Annual Report for iShares STOXX Europe Mid 200 UCITS ETF (DE) Bases of taxation pursuant to Article 5 Para. 1, Sentence 1, No. 1 and No. 2 InvStG (German Investment Tax Act) iShares STOXX Europe Large 200 UCITS ETF (DE) Fund Management Activity Report Annual Report for iShares STOXX Europe Large 200 UCITS ETF (DE) Bases of taxation pursuant to Article 5 Para. 1, Sentence 1, No. 1 and No. 2 InvStG (German Investment Tax Act) Management Company and Depository
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3 4 5 6 6 9 24 28 28 31 46 50 50 52 65 69
Note The investment funds named in this report are governed by German law. Fund units are bought on the basis of the currently valid prospectus and management regulations, supplemented by the most recent annual report concerned and also by the semi-annual report if such a report later than the last annual report exists. The financial statements were drawn up in German and translated into English. Only the German version is legally binding. Note concerning the publication of equity gains for corporations Under the Act implementing the European Court of Justice ruling of 20 October 2011 in Case C-284/09 (“free float dividends”), a fund equity gain under the Corporation Tax Act (KStG) is to be calculated (for investors subject to corporation tax) commencing on 1 March 2013 in addition to the existing standard fund equity gain. According to the German Ministry of Finance’s letter of 9 July 2013 (IV C 1 - S 1980 - 1/12/10014) for investors to which Article 8b KStG applies, the fund equity gain for the period 1 March to 12 April 2013 has been retrospectively published in the Federal Gazette. Publication of the additional fund equity gain pursuant to the KStG will take place on 15 April 2013 via the usual media (including www.fundinfo.com).
Note on Licences Legal Information The German iShares funds mentioned in this document are investment funds subject to the German Investment Code. These funds are managed by BlackRock Asset Management Deutschland AG and are regulated by the Federal Financial Supervisory Authority (BaFin).
For Investors in Germany The sales prospectuses of the funds issued in Germany are available free of charge electronically and in hard copy from BlackRock Asset Management Deutschland AG, Max-Joseph-Str. 6, D-80333 Munich, Tel: +49 (0) 89 42729 – 5858, Fax: +49 (0) 89 42729 – 5958,
[email protected].
Risk Warnings The value of investments in all the iShares funds may fluctuate, and investors may not get back the amount invested. Past performance may not be repeated and is no guarantee of future returns. Investment risks from market and currency losses as well as high volatility and concentration risk cannot be excluded.
Index – Disclaimers of Liability 'STOXX' is a trademark and/or service mark of STOXX Limited and is licensed to BlackRock Asset Management Deutschland AG for specific purposes. iShares STOXX Europe Large 200 UCITS ETF (DE), iShares STOXX Europe Mid 200 UCITS ETF (DE) and iShares STOXX Europe Small 200 UCITS ETF (DE) based on STOXX® Europe Large 200. STOXX® Europe Mid 200 and STOXX® Europe Small 200 are not supported, sold or promoted by STOXX, nor does STOXX provide any assurances as to the advisability of trading in these products. ‘iShares’ is a registered trademark of BlackRock Institutional Trust Company, N.A.© 2014 BlackRock Asset Management Deutschland AG. All rights reserved.
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Additional information for investors in Austria and France The sales prospectuses, including investment terms and conditions, financial statements and semi-annual reports can be obtained, without charge, from the relevant paying agent and distributor. Paying Agent and Distributor in Austria: UniCredit Bank Austria AG Schottengasse 6-8 1010 Vienna, Austria Tax Representative in Austria: Ernst & Young Wagramer Str. 19 1220 Vienna, Austria Paying Agent and Distributor in France: BNP Paribas Securities Services 20. BD. des Italiens 75009 Paris, France
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Report of the Management Board Dear Investors, BlackRock Asset Management Deutschland AG is able to look back on a very successful financial year. Private and institutional investors value the benefits provided by the reasonable pricing, liquidity and transparency of iShares ETFs. BlackRock conducts all its global business in exchange traded index funds (ETFs) under the iShares brand. As at 30 April 2014, the volume of assets under management for the 64 iShares funds currently issued in Germany was around EUR 38 billion, making BlackRock Asset Management Deutschland AG the fifth-largest retail fund company in Germany (source: BVI – Bundesverband Investment und Asset Management e.V.). This annual report provides detailed information about the performance of our index funds. Our ETF product range includes 249 iShares funds approved in Germany, providing investors with easy and diversified access to a large number of worldwide markets and asset classes. One fourth of these exchange-traded index funds are issued in Germany. The code (DE) in the fund name identifies them as such. Institutional and private investors alike value iShares ETFs not only as building blocks that enable them to put their own investment ideas into practice in their portfolios, but as the funds become more widespread, demand also rises for ETF-based asset management products. In light of this, together with respected partners we have developed models that enable different types of investor with differing risk/return profiles to create suitable asset inventories. This includes the Best of ETF Strategy in cooperation with Bank für Vermögen. The crowning achievement of the financial year was winning numerous national and international awards. For instance, for the second year in a row iShares took first place in the EXtra Award in the "Best Provider of the Year 2013", “Best Product Range” and “Best Service” categories. iShares also won the “Best ETF Provider of the Year”, “Best DAX ETF”, “Best S&P500 ETF” and “Best Bond ETF Provider” prizes at the Feri EuroRating Awards 2013. ETFs have flourished in Germany and Europe since their launch more than ten years ago. On 11 April 2000. iShares DJ Euro STOXX 50 (now iShares EURO STOXX 50) and iShares DJ STOXX 50 (now iShares STOXX Europe 50) were the first exchange-traded index funds to be listed on the German stock exchange. This listing has been instrumental in making a lasting change to the European investment landscape. ETFs have provided investors with new avenues in portfolio management, particularly through their high level of liquidity, efficiency and transparency. As a provider from the outset, iShares retains its outstanding positioning in the European ETF market. We continue to invest in excellent service and products that meet the needs of our clients. We intend to develop our market leadership further through the continuous and innovative extension of our product range. Among the strategic competitive advantages of iShares ETFs are high market liquidity, narrow bid/ask spreads and a high level of precision in index replication. In addition, as a leading ETF provider, we also aim to develop the ETF market as a whole. This includes making even more efforts to push the idea of a closely-linked European ETF market. That’s why, in March 2014, we listed the first ETF with an international securities structure in Xetra at the German stock market. All share transactions in the fund are executed via a central point – irrespective of which European stock market they are traded on. That helps to increase liquidity and reduce costs, which could ultimately be reflected in growth in the European ETF market. Please visit our website or call us on +49 (0) 89 42729 - 5858 for further information. We would like to thank you for your trust and we are looking forward to continuing to work together in partnership. Your BlackRock Asset Management Deutschland AG Directors
Dr Thomas Groffmann
Michael Krautzberger
Alexander Mertz
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Annual Report for iShares STOXX Europe Small 200 UCITS ETF (DE) for the period from 01/05/2013 to 30/04/2014
Fund Management Activity Report Investment objectives and policies The investment fund iShares STOXX EU Europe Small 200 UCITS ETF (DE), which operated under the name iShares STOXX Europe Small 200 (DE) until 19 January 2014, is an exchange-traded index fund (ETF) that tracks the performance of the STOXX® Europe Small 200 (price index) as closely as possible. This index replicates the 200 smallest equities by market capitalisation of the STOXX® Europe 600 Index. This index, in turn, replicates large, mid and small-cap companies in 18 developed economies of Europe. The product represents market capitalisation based on the current share price and the total number of shares of a company. In order to replicate the index, the investment fund uses a passive investment approach to invest directly in the securities included in the index in accordance with their weighting in the index.
Structure of the investment fund with regard to investment objectives and significant changes during the reporting period The duplication percentage of the fund in comparison with the benchmark index was 99.693% at the end of the reporting period. Inflows during the reporting period were also invested in line with the weighting of the shares in the index. Dividends are accumulated in the fund. The fund may enter into securities lending transactions. iShares STOXX Europe Small 200 UCITS ETF (DE) is a distributing fund. Income is distributed after expenses have been offset in the course of interim distributions or, as the case may be, six weeks after the end of the financial year. The realised profits and losses are primarily the result of transactions involving bonds that were carried out as a consequence of changes in indices, corporate actions and the redemption of shares. Changes to the index published by the index provider were directly taken into account in the fund.
New inclusions 01.05.2013 24.06.2013 24.06.2013 24.06.2013 24.06.2013 24.06.2013 24.06.2013 24.06.2013 24.06.2013 24.06.2013 24.06.2013 24.06.2013 24.06.2013 24.06.2013 09.07.2013 23.09.2013 23.09.2013 23.09.2013 23.09.2013 23.09.2013 23.09.2013 23.09.2013 23.09.2013 23.09.2013 23.09.2013 23.09.2013 23.09.2013 23.09.2013 23.09.2013 23.09.2013 18.12.2013 23.12.2013 23.12.2013 23.12.2013 23.12.2013
Bolloré S.A. Actions Port. EO 16 BANKIA S.A. Acciones Nominativas EO 1 Glanbia PLC Registered Shares EO 0.06 Intl Personal Finance PLC Registered Shares LS 0.10 Home Retail Group PLC Registered Shares o.N. Bankinter S.A. Acciones Nom. EO -0.30 Dixons Retail PLC Registered Shares LS 0.025 Pandora A/S Navne-Aktier DK 1 St. James's Place PLC Registered Shares LS 0.15 Thomas Cook Group PLC Registered Shares EO 0.01 Banco Popolare Società Cooper. Azioni nom. o.N. Icap PLC Registered Shares LS -,10 Balfour Beatty PLC Registered Shares LS -,50 Aker Solutions ASA Navne-Aksjer NK 1.66 OSRAM Licht AG Namens-Aktien o.N. CEZ AS Inhaber-Aktien KC 100 Komercní Banka AS Inhaber-Aktien KC 500 Ocado Group PLC Registered Shares LS 0.02 Evonik Industries AG Namens-Aktien o.N. ICA Gruppen AB Aktier SK 2.50 Azimut Holding S.p.A. Azioni nom. EUR o.N. Genel Energy PLC Registered Shares LS 0.10 Berendsen PLC Registered Shares LS 0.30 BBA Aviation PLC Registered Shares LS 0.2976 Intrum Justitia AB Namn-Aktier SK 0.02 Kingspan Group PLC Registered Shares EO 0.13 FLSmidth & Co. AS Navne-Aktier B DK 20 Portugal Telecom SGPS S.A. Acções Nom. EO 0.03 Cairn Energy PLC Registered Shs LS 0.013668639 Man Group PLC Reg. Shares DL 0.03428571 RTL Group S.A. Actions au Porteur o.N. Hiscox Ltd. Registered Shs LS 0.056179775 OCI N.V. Registered Shares o.N. Lancashire Holdings Ltd. Registered Shares DL 0.50 Jazztel PLC Registered Shares EO 0.80
FR0000039299 ES0113307021 IE0000669501 GB00B1YKG049 GB00B19NKB76 ES0113679I37 GB0000472455 DK0060252690 GB0007669376 GB00B1VYCH82 IT0004231566 GB0033872168 GB0000961622 NO0010215684 DE000LED4000 CZ0005112300 CZ0008019106 GB00B3MBS747 DE000EVNK013 SE0000652216 IT0003261697 JE00B55Q3P39 GB00B0F99717 GB00B1FP8915 SE0000936478 IE0004927939 DK0010234467 PTPTC0AM0009 GB00B74CDH82 GB00B83VD954 LU0061462528 BMG4593F1124 NL0010558797 BMG5361W1047 GB00B5TMSP21 6 of 70
Annual Report for iShares STOXX Europe Small 200 UCITS ETF (DE) for the period from 01/05/2013 to 30/04/2014 New inclusions 23.12.2013 23.12.2013 23.12.2013 23.12.2013 23.12.2013 23.12.2013 23.12.2013 23.12.2013 16.01.2014 11.03.2014 24.03.2014 24.03.2014 24.03.2014 24.03.2014 24.03.2014 24.03.2014 24.03.2014 24.03.2014 24.03.2014 24.03.2014 24.03.2014 24.03.2014 09.04.2014
Télévision Fse 1 S.A. (TF1) Actions Port. EO 0.2 PostNL N.V. Aandelen aan toonder EO 0.08 Premier Oil PLC Registered Shares LS 0.125 Corio N.V. Aandelen aan toonder EO 10 Fresnillo PLC Registered Shares DL -,50 TGS Nopec Geophysical Co. ASA Navne-Aksjer NK 0.25 Petroleum Geo-Services AS Navne-Aksjer (new) NK 3 Kabel Deutschland Holding AG Inhaber-Aktien o.N. Algeta ASA Navne-Aksjer NK 0.50 Royal Mail PLC Registered Shares LS 0.01 Raiffeisen Bank Intl AG Inhaber-Aktien o.N. LEONI AG Namens-Aktien o.N. UnipolSai Assicurazioni S.p.A. Azioni nom. o.N. Sports Direct Intl PLC Registered Shares LS -,10 Logitech International S.A. Namens-Aktien SF 0.25 TUI AG Namens-Aktien o.N. WS Atkins PLC Registered Shares LS 0.005 Huhtamäki Oyj Registered Shares o.N. Securitas AB Namn-Aktier B (fria) SK 1 Koninklijke Vopak N.V. Aandelen aan toonder EO 0.50 Bic S.A. Actions Port. EO 3.82 CGG S.A. Actions Port. EO 0.40 LEG Immobilien AG Namens-Aktien o.N.
FR0000054900 NL0009739416 GB00B43G0577 NL0000288967 GB00B2QPKJ12 NO0003078800 NO0010199151 DE000KD88880 NO0010239437 GB00BDVZYZ77 AT0000606306 DE0005408884 IT0004827447 GB00B1QH8P22 CH0025751329 DE000TUAG000 GB0000608009 FI0009000459 SE0000163594 NL0009432491 FR0000120966 FR0000120164 DE000LEG1110
Removals 01.05.2013
Partners Group Holding AG Namens-Aktien SF 0.01
CH0024608827
24.06.2013
Spirent Communications PLC Registered Shares LS 0.0333
GB0004726096
24.06.2013
SSAB AB Namn-Aktier A (fria) o.N.
SE0000171100
24.06.2013
National Express Group PLC Registered Shares LS 0.05
24.06.2013
Vesuvius PLC Registered Shares LS 0.10
24.06.2013
Acerinox SA (CE Fab.Acero In.) Acciones Nom. EO -0.25
24.06.2013
Kazakhmys PLC Registered Shares LS -,20
24.06.2013
National Bank of Greece S.A. Namens-Aktien EO 0.30
24.06.2013
Eurasian Natural Res. Corp. Registered Shares DL 0.20
GB00B29BCK10
24.06.2013
Evraz PLC Registered Shares DL 1
GB00B71N6K86
24.06.2013
Royal Imtech N.V. Aandelen op naam EO 0.80
NL0006055329
24.06.2013
Barratt Developments PLC Registered Shares LS 0.10
GB0000811801
24.06.2013
ProSiebenSat.1 Media AG Vorzugsaktien o.St.o.N.
DE0007771172
24.06.2013
Bank of Ireland (The Gov.&Co.) Reg. Capital Stock EO 0.05
09.07.2013
Imagination Tech. Group PLC Registered Shares LS 0.10
GB0009303123
23.09.2013
Allreal Holdings AG Namens-Aktien SF 50
CH0008837566
23.09.2013
Tecnicas Reunidas S.A. Acciones Port. EO 0.10
ES0178165017
23.09.2013
Salzgitter AG Inhaber-Aktien o.N.
DE0006202005
23.09.2013
Éts Maurel et Prom S.A. Actions Port. EO 0.77
FR0000051070
23.09.2013
Oriflame Cosmetics S.A. Aktier (SDRs)/1 EO 1.25
SE0001174889
23.09.2013
Verbund AG Inhaber-Aktien A o.N.
AT0000746409
23.09.2013
ThromboGenics N.V. Actions Nom. o.N.
BE0003846632
23.09.2013
Mobimo Holding AG Nam.-Aktien SF 29
CH0011108872
23.09.2013
Raiffeisen Bank Intl AG Inhaber-Aktien o.N.
AT0000606306
23.09.2013
Eurocommercial Properties N.V. Cert. van Aandelen 10/EO 0.50
NL0000288876
23.09.2013
Acciona S.A. Acciones Port. EO 1
ES0125220311
23.09.2013
Smurfit Kappa Group PLC Registered Shares EO 0.001
IE00B1RR8406
23.09.2013
EasyJet PLC Registered Shares LS-,27285714
23.09.2013
Trelleborg AB Namn-Aktier B (fria) SK 25
23.09.2013
London Stock Exchange GroupPLC Reg. Shares LS 0.069186047
23.12.2013
BANKIA S.A. Acciones Nominativas EO 1
23.12.2013
GSW Immobilien AG Inhaber-Aktien o.N.
GB0006215205 GB00B82YXW83 ES0132105018 GB00B0HZPV38 GRS003003019
IE0030606259
GB00B7KR2P84 SE0000114837 GB00B0SWJX34 ES0113307021 DE000GSW1111 7 of 70
Annual Report for iShares STOXX Europe Small 200 UCITS ETF (DE) for the period from 01/05/2013 to 30/04/2014 Removals 23.12.2013
YIT Oyj Registered Shares o.N.
23.12.2013
bioMerieux Actions au Porteur o.N.
FR0010096479
FI0009800643
23.12.2013
Bwin.Party Digital Entertainm. Registered Shares LS 0.00015
GI000A0MV757
23.12.2013
De La Rue PLC Registered Shares LS 0.4486857
GB00B3DGH821
23.12.2013
AIXTRON SE Namens-Aktien o.N.
DE000A0WMPJ6
23.12.2013
Rexel S.A. Actions au Porteur EO 5
FR0010451203
23.12.2013
CEZ AS Inhaber-Aktien KC 100
CZ0005112300
23.12.2013
United Internet AG Namens-Aktien o.N.
DE0005089031
23.12.2013
OSRAM Licht AG Namens-Aktien o.N.
DE000LED4000
23.12.2013
Rightmove PLC (New) Registered Shares LS 0.01
GB00B2987V85
23.12.2013
Inchcape PLC Registered Shares LS 0.10
GB00B61TVQ02
23.12.2013
Pandora A/S Navne-Aktier DK 1
DK0060252690
11.03.2014
Algeta ASA Navne-Aksjer NK 0.50
NO0010239437
24.03.2014
Lundbergföretagen AB Namn-Aktier B (fria) SK 10
24.03.2014
Debenhams PLC Registered Shares LS 0.01
24.03.2014
Banque Cantonale Vaudoise Namens-Aktien SF 10
CH0015251710
24.03.2014
Valiant Holding AG Namens-Aktien SF 0.50
CH0014786500
24.03.2014
HOCHTIEF AG Inhaber-Aktien o.N.
DE0006070006
24.03.2014
Kemira Oy Registered Shares o.N.
FI0009004824
24.03.2014
Celesio AG Namens-Aktien o.N.
24.03.2014
Vedanta Resources PLC Registered Shares DL ,10
24.03.2014
Hargreaves Lansdown PLC Registered Shares DL-,004
24.03.2014
Pirelli & C. S.p.A. Azioni nom. o.N.
24.03.2014
St. James's Place PLC Registered Shares LS 0.15
24.03.2014
Royal Mail PLC Registered Shares LS 0.01
09.04.2014
Pohjola Pankki Oyj Registered Shares Cl.A o.N.
SE0000108847 GB00B126KH97
DE000CLS1001 GB0033277061 GB00B1VZ0M25 IT0004623051 GB0007669376 GB00BDVZYZ77 FI0009003222
Material risks and events in the reporting period
Market price risk In order to achieve the investment objective of tracking the performance of the STOXX® Europe Small 200 price index as closely as possible in the reporting period, fund management pursued an exclusively passive investment approach. Accordingly, as part of the fund management activities affecting this investment fund, no risks were actively managed or entered into. Throughout the reporting period, the investment fund was subject to the general and specific market price risk arising from individual securities. Throughout the reporting period, the investment fund implemented the individual selection of securities within the investment universe prescribed by the provider of the index. The investment fund was thus subject to a high market price risk.
Currency risk As prescribed by the index, the investment fund invested in European equities in the reporting period. There was thus a moderate level of risk for EUR investors.
Liquidity risk The assets held in the investment fund were at all times liquid, so that the liquidity risk can be regarded as low.
Operational risk Operational risks for the investment fund are managed using BlackRock Asset Management Deutschland AG’s risk management system. Business areas/processes that are significant for this investment fund and which are outsourced by BlackRock Asset Management Deutschland AG to third parties are subject to an outsourcing control process within BlackRock Asset Management Deutschland AG. This includes the outsourcing of fund accounting to State Street Bank GmbH, Munich, as well as the intragroup outsourcing of the trade management process to BlackRock Investment Management (UK) Limited, London. Processes that are material to this investment fund and its related operational risks are subject to a process of regularly identifying, analysing and monitoring operational risks. If operational risks materialise, these events are recorded immediately in a risk database for appropriate documentation and analysis and steps are initiated and taken to minimise the operational risks. With events that affect the investment fund, the company generally compensates for any losses incurred.
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Annual Report for iShares STOXX Europe Small 200 UCITS ETF (DE) for the period from 01/05/2013 to 30/04/2014
Statement of assets and liabilities as at 30/04/2014 Market value
% of fund
in EUR
assets1)
I. Assets
288,972,307.05
100.25
1. Shares
286,923,384.43
99.54
3.760.439,08 4.494.977,30 9.570.628,06 32.243.283,79 8.048.394,84 33.546.779,20 3.494.709,65 82.418.118,50 5.596.544,07 20.117.689,32 6.906.396,20 2.062.118,89 12.738.615,89 8.778.579,41 3.766.676,05 5.445.013,65 15.749.258,52 16.126.697,11 10.397.157,06 1.661.307,84
1,30 1,56 3,32 11,19 2,79 11,64 1,21 28,59 1,94 6,98 2,40 0.72 4,42 3,05 1,31 1,89 5,46 5,59 3,61 0.58
2. Derivatives
243,245.95
0.08
Warrants
243.245,95
0.08
1,494,256.94
0.52
Belgium Bermuda Denmark Germany Finland France Greece United Kingdom (UK) Ireland Italy Jersey Luxembourg Netherlands Norway Austria Portugal Sweden Switzerland Spain Czech Republic
3. Receivables 4. Bank accounts
311,419.73
0.11
II. Liabilities
-733,755.16
-0.25
Liabilities arising from loans Other liabilities
-685.103,61 -48.651,55
-0.24 -0.02
288,238,551.89
100.00
III. Fund assets 1) Rounding of percentages during the calculation may result in slight rounding differences,
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Annual Report for iShares STOXX Europe Small 200 UCITS ETF (DE) for the period from 01/05/2013 to 30/04/2014
Statement of net assets as at 30/04/2014
Designation of class of security
ISIN
Marke t
Units. shares or currency in 1.000s
As at Purchases/ Sales/ 30 April 2014 Additions Disposals in the reporting period
Price
Securities Exchange-traded securities
Market value in EUR
% of fund assets
2)
286,923,384.43
99.54
286,923,384.43
99.54
286,923,384.43
99.54
Shares Aalberts Industries N,V, Aandelen aan toonder EO -0.25 NL0000852564
UNITS
64,027
50.478
35,226 EUR
23.985
1,535,687.60
0.53
Ackermans , van Haaren N,V, Actions Nom, o.N.
BE0003764785
UNITS
14,976
11,817
8,368 EUR
93.200
1,395,763.20
0.48
Afren PLC Registered Shares LS 0.01
GB00B0672758
UNITS
733,440
576,004
400.533 GBP
1.575
1,406,772.60
0.49
FR0000031122
UNITS
168,872
133,835
94,962 EUR
10.365
1,750.358.28
0.61
Aker Solutions ASA Navne-Aksjer NK 1,66
NO0010215684
UNITS
98,240
149,235
50.995 NOK
95.150
1,131,878.78
0.39
Amer Sports Corp, Registered Shares Cl.A o.N.
FI0009000285
UNITS
79,089
62,668
44,453 EUR
14.880
1,176,844.32
0.41
Ashmore Group Ltd, Registered Shares LS 0.0001
GB00B132NW22
UNITS
247,482
193,995
133,132 GBP
3.504
1,056,054.83
0.37
ASM International N,V, Bearer Shares EO 0.04
NL0000334118
UNITS
32,717
25,910
18,371 EUR
31.495
1,030.421.92
0.36
Aurubis AG Inhaber-Aktien o.N.
DE0006766504
UNITS
22,486
17,827
12,658 EUR
38.420
863,912.12
0.30
AVEVA Group PLC Registered Shares LS 0.03555
GB00BBG9VN75
UNITS
42,392
57,795
15,403 GBP
21.080
1,088,261.50
0.38
Axel Springer SE vink.Namens-Aktien o.N.
DE0005501357
UNITS
28,679
23,292
15,679 EUR
44.000
1,261,876.00
0.44
Azimut Holding S.p.A, Azioni nom, EUR o.N.
IT0003261697
UNITS
63,677
85,143
21,466 EUR
22.450
1,429,548.65
0.50
Balfour Beatty PLC Registered Shares LS -.50
GB0000961622
UNITS
455,330
622,636
167,306 GBP
2.803
1,554,275.90
0.54
IT0000064482
UNITS
1,969,800
1,561,073
1,107,503 EUR
0.726
1,430.074.80
0.50
Banco Com, Português SA (BCP) Acç, Nom, + Port, 3) Reg, o.N. Banco Espirito Santo S,A, Acç, Nom, + Port, Reg, o.N.
PTBCP0AM0007
UNITS
10.594,264
9,281,975
5,993,185 EUR
0.219
2,320.143.82
0.80
PTBES0AM0007
UNITS
1,466,782
1,162,405
824,664 EUR
1.276
1,871,613.83
0.65
Banco Popolare Società Cooper, Azioni nom, Nuove o.N. Bankinter S,A, Acciones Nom, EO -0.30
IT0005002883
UNITS
262,344
268,014
5,670 EUR
14.840
3,893,184.96
1.35
ES0113679I37
UNITS
426,513
570.910
144,397 EUR
5.513
2,351,366.17
0.82
Barry Callebaut AG Namensaktien SF 18,60
CH0009002962
UNITS
1,627
1,389
861 CHF
1,195.000
1,592,632.27
0.55
BBA Aviation PLC Registered Shares LS 0.2976
GB00B1FP8915
UNITS
303,039
405,285
102,246 GBP
3.100
1,144,034.10
0.40
3)
IT0001334587
UNITS
5,183,792
4,164,725
2,727,472 EUR
0.240
1,243,591.70
0.43
Bca Pop, di Sondrio S.C.a.R.L, Azioni nom, EO 3
IT0000784196
UNITS
205,636
162,933
115,580 EUR
5.170
1,063,138.12
0.37
Bca Pop, Emilia Romagna SCaRL Azioni nom, EO 3
IT0000066123
UNITS
221,654
175,650
124,604 EUR
8.285
1,836,403.39
0.64
Bellway PLC Registered Shares LS 0.125
GB0000904986
UNITS
80.584
63,850
45,293 GBP
14.390
1,412,174.50
0.49
Berendsen PLC Registered Shares LS 0.30
GB00B0F99717
UNITS
114,373
152,966
38,593 GBP
10.350
1,441,592.83
0.50
Bic S,A, Actions Port, EO 3,82
FR0000120966
UNITS
18,332
21,032
2,700 EUR
95.580
1,752,172.56
0.61
Bolloré S,A, Actions Port, EO 16
FR0000039299
UNITS
4,014
6,165
2,151 EUR
459.300
1,843,630.20
0.64
Bolsas y Mercados Espanoles Acciones Nominativas EO 3 Booker Group PLC Registered Shares LS 0.01
ES0115056139
UNITS
35,799
-
1,416 EUR
31.395
1,123,909.61
0.39
GB00B01TND91
UNITS
973,908
765,017
531,699 GBP
1.470
1,743,468.15
0.60
Britvic PLC Registered Shares LS 0.20
GB00B0N8QD54
UNITS
163,494
128,724
89,561 GBP
7.245
1,442,510.42
0.50
BTG PLC Registered Shares LS 0.10
GB0001001592
UNITS
240.580
197,322
124,088 GBP
5.320
1,558,654.67
0.54
C,C Group PLC Registered Shares EO 0.01
IE00B010DT83
UNITS
236,533
187,677
119,144 EUR
4.290
1,014,726.57
0.35
Cable , Wireless Communic, PLC Registered Shares USD 0.05 Cairn Energy PLC Registered Shs LS 0.013668639
GB00B5KKT968
UNITS
1,687,011
1,336,937
948,470 GBP
0.528
1,084,752.32
0.38
GB00B74CDH82
UNITS
392,497
537,531
145,034 GBP
1.843
880.928.03
0.31
Capital , Counties Propert, PLC Registered Shares LS 0.25 Carillion PLC Registered Shares LS 0.50
GB00B62G9D36
UNITS
463,362
366,687
242,499 GBP
3.337
1,883,021.90
0.65
GB0007365546
UNITS
287,111
227,531
161,421 GBP
3.698
1,292,990.97
0.45
Castellum AB Namn-Aktier o.N.
SE0000379190
UNITS
114,793
90.963
64,523 SEK
110.600
1,405,057.92
0.49
Catlin Group Ltd, Registered Shares DL -.01
BMG196F11004
UNITS
240.848
190.910
135,459 GBP
5.285
1,550.125.24
0.54
FR0000120164
UNITS
105,401
120.845
15,444 EUR
12.460
1,313,296.46
0.46
FR0000125346
UNITS
31,819
26,627
15,731 EUR
62.850
1,999,824.15
0.69
Close Brothers Group PLC Registered Shares LS 0.25 GB0007668071
UNITS
94,035
74,534
52,885 GBP
13.960
1,598,651.13
0.55
CNP Assurances S,A, Actions Port, EO 1
FR0000120222
UNITS
102,577
82,820
54,252 EUR
16.610
1,703,803.97
0.59
Cofinimmo S.A. SICAFI Actions Porteur o.N.
BE0003593044
UNITS
11,316
9,444
6,072 EUR
88.340
999,655.44
0.35
Corio N,V, Aandelen aan toonder EO 10
NL0000288967
UNITS
44,407
57,231
12,824 EUR
33.735
1,498,070.15
0.52
Daily Mail , General Trust PLC Reg, Shares A (Non Vtg) GB0009457366 LS 0.125
UNITS
189,501
154,006
117,386 GBP
8.145
1,879,668.86
0.65
Air France-KLM S,A, Actions Port, EO 1
3)
Banca Pop, di Milano S.C.a.R.L Azioni o.N.
3)
Bca Monte dei Paschi di Siena Azioni nom, o.N.
CGG S,A, Actions Port, EO 0.40 Cie Ind, Fin.Ingén.SA Ingénico Actions Port, EO 1
3)
10 of 70
Annual Report for iShares STOXX Europe Small 200 UCITS ETF (DE) for the period from 01/05/2013 to 30/04/2014 Designation of class of security
ISIN
3)
Marke t
Units. shares or currency in 1.000s
As at Purchases/ Sales/ 30 April 2014 Additions Disposals in the reporting period
Price
Market value in EUR
% of fund assets
2)
IT0003849244
UNITS
189,919
150.501
106,764 EUR
6.260
1,188,892.94
0.41
DCC PLC Registered Shares EO 0.25
IE0002424939
UNITS
55,375
43,871
31,132 GBP
30.330
2,045,337.12
0.71
Delta Lloyd N,V, Aandelen op naam EO 0.20
NL0009294552
UNITS
121,518
98,567
63,262 EUR
18.955
2,303,373.69
0.80
Deutsche EuroShop AG Namens-Aktien o.N.
DE0007480204
UNITS
30.584
24,262
17,233 EUR
34.690
1,060.958.96
0.37
Deutsche Wohnen AG Inhaber-Aktien o.N.
DE000A0HN5C6
UNITS
180.118
172,373
74,828 EUR
15.445
2,781,922.51
0.97
Direct Line Insurance Grp PLC Registered Shares LS 0.10 Dixons Retail PLC Registered Shares LS 0.025
GB00B89W0M42
UNITS
715,681
750.906
302,735 GBP
2.503
2,181,519.44
0.76
GB0000472455
UNITS
2,439,156
3,301,183
862,027 GBP
0.450
1,336,096.36
0.46
DKSH Holding AG Nam,-Aktien SF 0.10
CH0126673539
UNITS
20.825
19,210
9,786 CHF
72.500
1,236,753.28
0.43
Dufry AG Nam,-Aktien SF 5
CH0023405456
UNITS
16,844
13,277
8,540 CHF
145.400
2,006,179.06
0.70
Ebro Foods S,A, Acciones Nom, EO 0.60
ES0112501012
UNITS
52,254
45,767
38,011 EUR
16.600
867,416.40
0.30
Eiffage S,A, Actions Port, EO 4
FR0000130452
UNITS
47,699
39,561
24,300 EUR
54.450
2,597,210.55
0.90
Electrocomponents PLC Registered Shares LS 0.10
GB0003096442
UNITS
290.504
230.226
163,340 GBP
2.905
1,027,725.20
0.36
Elementis PLC Registered Shares LS 0.05
GB0002418548
UNITS
305,855
240.993
168,084 GBP
2.773
1,032,866.54
0.36
Ems-Chemie Holding AG Namens-Aktien SF 0.01
CH0016440353
UNITS
4,737
3,727
2,626 CHF
342.750
1,329,967.11
0.46
Endesa S,A, Acciones Port, EO 1,20
ES0130670112
UNITS
56,111
44,461
31,528 EUR
27.315
1,532,671.97
0.53
Essentra PLC Registered Shares LS 0.25
GB00B0744359
UNITS
160.839
131,331
83,152 GBP
8.000
1,566,967.91
0.54
FR0000121121
UNITS
24,963
21,738
13,995 EUR
60.720
1,515,753.36
0.53
DE000EVNK013
UNITS
44,042
58,898
14,856 EUR
28.435
1,252,334.27
0.43
EXOR S.p.A, Azioni nom, EO 1
IT0001353140
UNITS
63,944
65,617
29,379 EUR
32.880
2,102,478.72
0.73
Finmeccanica S.p.A, Azioni nom, EO 4,40
IT0003856405
UNITS
260.689
206,587
146,554 EUR
6.655
1,734,885.30
0.60
Firstgroup PLC Registered Shares LS 0.05
GB0003452173
UNITS
804,239
931,592
374,971 GBP
1.292
1,265,395.82
0.44
Fischer AG. Georg Namens-Aktien SF 1
CH0001752309
UNITS
2,586
2,161
1,681 CHF
697.000
1,476,458.87
0.51
DK0010234467
UNITS
35,485
47,507
12,022 DKK
287.500
1,366,844.14
0.47
Flughafen Zürich AG Namens-Aktien SF 50
CH0010567961
UNITS
2,537
1,978
1,387 CHF
554.500
1,152,343.81
0.40
Foncière des Régions S,A, Actions Port, EO 3
FR0000064578
UNITS
18,054
16,289
12,694 EUR
73.170
1,321,011.18
0.46
Fraport AG Ffm,Airport,Ser,AG Inhaber-Aktien o.N.
DE0005773303
UNITS
24,555
19,965
13,442 EUR
53.190
1,306,080.45
0.45
freenet AG Namens-Aktien o.N.
DE000A0Z2ZZ5
UNITS
85,453
74,550
40.495 EUR
24.915
2,129,061.50
0.74
Fresnillo PLC Registered Shares DL -.50
GB00B2QPKJ12
UNITS
122,972
158,479
35,507 GBP
8.515
1,275,174.56
0.44
FUCHS PETROLUB SE Inhaber-Vorzugsakt, o.St,o.N.
DE0005790430
UNITS
23,698
18,780
13,311 EUR
72.370
1,715,024.26
0.60
GAM Holding AG Nam,-Aktien SF 0.05
CH0102659627
UNITS
109,094
88,652
67,483 CHF
16.000
1,429,818.47
0.50
Gecina S,A, Actions Nom, EO 7,50
FR0010040865
UNITS
13,954
11,061
7,852 EUR
97.050
1,354,235.70
0.47
Genel Energy PLC Registered Shares LS 0.10
JE00B55Q3P39
UNITS
119,613
152,838
33,225 GBP
9.690
1,411,500.09
0.49
Gerresheimer AG Inhaber-Aktien o.N.
DE000A0LD6E6
UNITS
20.965
16,598
11,762 EUR
48.865
1,024,454.73
0.36
Gjensidige Forsikring ASA Navne-Aksjer NK 2
NO0010582521
UNITS
125,986
225,836
196,829 NOK
109.600
1,671,997.46
0.58
Glanbia PLC Registered Shares EO 0.06
IE0000669501
UNITS
115,075
157,333
42,258 EUR
10.755
1,237,631.63
0.43
GN Store Nord AS Navne-Aktier DK 1
DK0010272632
UNITS
115,661
90.820
61,956 DKK
129.800
2,011,397.81
0.70
Great Portland Estates PLC Registered Shares LS 0.125 Greek Org, of Football Progn, Inhaber-Aktien EO 0.30
GB00B01FLL16
UNITS
229,519
181,875
129,011 GBP
6.270
1,752,527.88
0.61
GRS419003009
UNITS
140.495
111,915
81,202 EUR
11.500
1,615,692.50
0.56
Greene King PLC Registered Shares LS 0.125
GB00B0HZP136
UNITS
144,670
114,650
81,337 GBP
8.905
1,568,885.16
0.54
Halma PLC Registered Shares LS 0.10
GB0004052071
UNITS
252,968
200.464
142,214 GBP
5.615
1,729,792.85
0.60
Havas S,A, Actions Port, EO 0.40
FR0000121881
UNITS
169,410
134,674
90.693 EUR
5.730
970.719.30
0.34
Hays PLC Registered Shares LS 0.01
GB0004161021
UNITS
920.432
729,421
517,466 GBP
1.507
1,689,210.26
0.59
Hellenic Telecomm, Organ, S,A, Namens-Aktien EO 2,83 Helvetia Holding AG Namens-Aktien SF 0.1
GRS260333000
UNITS
163,535
129,628
91,974 EUR
11.490
1,879,017.15
0.65
CH0012271687
UNITS
4,052
3,226
2,278 CHF
437.500
1,452,136.86
0.50
Henderson Group PLC Registered Shares LS 0.125
JE00B3CM9527
UNITS
744,037
587,544
410.236 GBP
2.508
2,272,483.91
0.79
Hermes International S,A, Actions au Porteur o.N.
FR0000052292
UNITS
6,445
5,053
3,565 EUR
253.150
1,631,551.75
0.57
Davide Campari-Milano S.p.A, Azioni nom, EO 0.10
Eurazeo S,A, Actions au Porteur o.N. Evonik Industries AG Namens-Aktien o.N.
FLSmidth , Co, AS Navne-Aktier B DK 20
3)
3)
Hikma Pharmaceuticals PLC Registered Shares LS 0.10 GB00B0LCW083
UNITS
93,722
73,820
51,457 GBP
15.520
1,771,381.14
0.61
Hiscox Ltd, Registered Shs LS 0.06
BMG4593F1207
UNITS
219,822
262,630
42,808 GBP
7.060
1,889,968.68
0.66
Holmen AB Namn-Aktier B SK 50
SE0000109290
UNITS
33,843
27,203
20.448 SEK
229.200
858,434.50
0.30
Home Retail Group PLC Registered Shares o.N.
GB00B19NKB76
UNITS
548,165
749,566
201,401 GBP
2.040
1,361,821.61
0.47
UNITS
427,917
339,095
240.557 GBP
3.252
1,694,684.38
0.59
Howden Joinery Group PLC Registered Shares LS 0.10 GB0005576813
11 of 70
Annual Report for iShares STOXX Europe Small 200 UCITS ETF (DE) for the period from 01/05/2013 to 30/04/2014 Marke t
Units. shares or currency in 1.000s
As at Purchases/ Sales/ 30 April 2014 Additions Disposals in the reporting period
% of fund assets
2)
Designation of class of security
ISIN
Hufvudstaden AB Namn-Aktier A SK 5
SE0000170375
UNITS
78,657
62,335
44,215 SEK
95.000
826,960.33
0.29
HUGO BOSS AG Namens-Aktien o.N.
DE000A1PHFF7
UNITS
20.847
23,007
14,612 EUR
100.000
2,084,700.00
0.72
Huhtamäki Oyj Registered Shares o.N.
FI0009000459
UNITS
61,189
70.153
8,964 EUR
18.930
1,158,307.77
0.40
Hunting PLC Registered Shares LS 0.25
GB0004478896
UNITS
98,261
77,877
55,249 GBP
8.465
1,012,947.40
0.35
Husqvarna AB Namn-Aktier B SK 100
SE0001662230
UNITS
271,299
213,113
148,124 SEK
54.000
1,621,308.45
0.56
ICA Gruppen AB Aktier SK 2,50
SE0000652216
UNITS
51,808
69,313
17,505 SEK
217.800
1,248,758.33
0.43
Icade S,A, Actions au Porteur o.N.
FR0000035081
UNITS
23,652
22,458
10.493 EUR
73.500
1,738,422.00
0.60
Icap PLC Registered Shares LS -.10
GB0033872168
UNITS
370.244
506,252
136,008 GBP
4.141
1,867,119.05
0.65
IG Group Holdings PLC Registered Shares LS 0.00005 GB00B06QFB75
UNITS
244,022
193,899
135,710 GBP
6.360
1,890.013.25
0.66
IMERYS S,A, Actions Port, EO 2
FR0000120859
UNITS
21,982
17,338
12,000 EUR
63.270
1,390.801.14
0.48
Intermediate Capital Grp PLC Registered Shares LS 0.20 Intl Personal Finance PLC Registered Shares LS 0.10
GB0004564430
UNITS
267,699
212,124
150.486 GBP
4.436
1,446,162.30
0.50
GB00B1YKG049
UNITS
160.796
228,297
67,501 GBP
5.590
1,094,626.10
0.38
Intrum Justitia AB Namn-Aktier SK 0.02
SE0000936478
UNITS
53,392
71,396
18,004 SEK
188.100
1,111,446.80
0.39
Jazztel PLC Registered Shares EO 0.80
GB00B5TMSP21
UNITS
142,302
183,372
41,070 EUR
11.060
1,573,860.12
0.55
JCDecaux S,A, Actions au Porteur o.N.
FR0000077919
UNITS
44,210
35,005
24,823 EUR
29.550
1,306,405.50
0.45
JM AB Namn-Aktier o.N.
SE0000806994
UNITS
53,234
42,976
32,537 SEK
220.000
1,296,090.94
0.45
Jupiter Fund Management PLC Registered Shares LS 0.02 Jyske Bank A/S Navne-Aktier DK 10
GB00B53P2009
UNITS
273,006
222,157
139,509 GBP
3.882
1,290.644.02
0.45
DK0010307958
UNITS
47,554
37,685
26,748 DKK
295.500
1,882,698.93
0.65
Kaba Holding AG Namens-Aktien SF 0.10
CH0011795959
UNITS
2,550
1,980
1,385 CHF
423.750
885,135.88
0.31
Kabel Deutschland Holding AG Inhaber-Aktien o.N.
DE000KD88880
UNITS
13,878
17,913
4,035 EUR
97.620
1,354,770.36
0.47
Kesko Oy Registered Shares Cl, B o.N.
FI0009000202
UNITS
45,325
35,630
24,643 EUR
29.440
1,334,368.00
0.46
Kingspan Group PLC Registered Shares EO 0.13
IE0004927939
UNITS
95,750
127,592
31,842 EUR
13.565
1,298,848.75
0.45
Komercní Banka AS Inhaber-Aktien KC 500
CZ0008019106
UNITS
10.007
13,392
3,385 CZK
4,560.000
1,661,307.84
0.58
Konecranes Oyj Registered Shares o.N.
FI0009005870
UNITS
33,527
26,547
18,814 EUR
23.230
778,832.21
0.27
Koninklijke Vopak N,V, Aandelen aan toonder EO -0.50 NL0009432491
UNITS
39,538
45,334
5,796 EUR
35.885
1,418,821.13
0.49
Ladbrokes PLC Registered Shares LS 0.28333
GB00B0ZSH635
UNITS
633,577
499,321
345,354 GBP
1.533
1,182,824.49
0.41
Lancashire Holdings Ltd, Registered Shares DL 0.50
BMG5361W1047
UNITS
123,745
159,472
35,727 GBP
7.000
1,054,883.38
0.37
LEG Immobilien AG Namens-Aktien o.N.
DE000LEG1110
UNITS
35,244
40.392
5,148 EUR
48.080
1,694,531.52
0.59
LEONI AG Namens-Aktien o.N.
DE0005408884
UNITS
21,791
24,995
3,204 EUR
53.530
1,166,472.23
0.40
Logitech International S,A, Namens-Aktien SF 0.25
CH0025751329
UNITS
99,606
114,222
14,616 CHF
11.900
970.940.27
0.34
Lonmin PLC Registered Shares DL 1
GB0031192486
UNITS
283,739
224,863
159,526 GBP
2.835
979,604.68
0.34
Man Group PLC Reg, Shares DL 0.03428571
GB00B83VD954
UNITS
1,214,556
1,624,373
409,817 GBP
0.986
1,457,648.88
0.51
Mapfre S,A, Acciones Nom, EO -0.10
ES0124244E34
UNITS
669,145
632,183
317,900 EUR
3.035
2,030.855.08
0.70
Marine Harvest ASA Navne-Aksjer NK 7,50
NO0003054108
UNITS
200.494
1,422,843
2,701,588 NOK
72.800
1,767,402.77
0.61
Meda AB Namn-Aktier A SK 1
SE0000221723
UNITS
156,714
124,200
88,113 SEK
116.400
2,018,758.97
0.70
Mediaset S.p.A, Azioni nom, EO 0.52
IT0001063210
UNITS
462,783
370.710
271,302 EUR
3.972
1,838,174.08
0.64
Michael Page International PLC Registered Shares LS 0.01 MITIE Group PLC Registered Shares LS 0.025
GB0030232317
UNITS
214,005
172,673
114,270 GBP
4.678
1,219,166.13
0.42
GB0004657408
UNITS
248,728
195,402
135,797 GBP
3.181
963,534.12
0.33
Modern Times Group MTG AB Namn-Aktier B
SE0000412371
UNITS
35,735
28,471
19,873 SEK
288.700
1,141,732.24
0.40
NCC AB Namn-Aktier B (fria) SK 8
SE0000117970
UNITS
53,882
42,670
28,749 SEK
226.900
1,353,012.78
0.47
FR0000120560
UNITS
22,968
18,200
12,897 EUR
59.060
1,356,490.08
0.47
FI0009013296
UNITS
85,365
67,632
47,988 EUR
14.800
1,263,402.00
0.44
Nutreco N,V, Aandelen aan toonder EO 0.12
NL0010395208
UNITS
41,882
65,477
23,595 EUR
33.460
1,401,371.72
0.49
OC Oerlikon Corporation AG Namens-Aktien SF 1
CH0000816824
UNITS
118,499
91,593
60.291 CHF
14.000
1,358,947.80
0.47
Ocado Group PLC Registered Shares LS 0.02
GB00B3MBS747
UNITS
339,835
454,515
114,680 GBP
3.360
1,390.548.48
0.48
OCI N,V, Registered Shares o.N.
NL0010558797
UNITS
56,655
73,020
16,365 EUR
30.825
1,746,390.38
0.61
Ophir Energy PLC Registered Shares o.N.
GB00B24CT194
UNITS
354,921
316,087
192,212 GBP
2.636
1,139,346.59
0.40
Orion Corp, (New) Registered Shares Cl,B o.N.
FI0009014377
UNITS
66,052
51,992
36,170 EUR
21.970
1,451,162.44
0.50
Neopost S,A, Actions Port, EO 1 Neste Oil Corp, Registered Shs o.N.
3)
3)
Price
Market value in EUR
FI0009014575
UNITS
109,929
88,079
64,170 EUR
8.055
885,478.10
0.31
Pargesa Holding S,A, Inhaber-Aktien SF 20
CH0021783391
UNITS
18,899
14,986
9,887 CHF
79.800
1,235,383.43
0.43
Petroleum Geo-Services AS Navne-Aksjer (new) NK 3
NO0010199151
UNITS
145,330
187,287
41,957 NOK
71.650
1,260.881.40
0.44
Outotec Oyi Registered Shares o.N.
12 of 70
Annual Report for iShares STOXX Europe Small 200 UCITS ETF (DE) for the period from 01/05/2013 to 30/04/2014 Designation of class of security
ISIN
3)
Marke t
Units. shares or currency in 1.000s
As at Purchases/ Sales/ 30 April 2014 Additions Disposals in the reporting period
Price
Market value in EUR
% of fund assets
2)
FR0000121501
UNITS
176,393
143,655
90.712 EUR
12.755
2,249,892.72
0.78
Polymetal Intl PLC Registered Shares o.N.
JE00B6T5S470
UNITS
133,262
105,095
72,972 GBP
5.660
918,547.27
0.32
Polyus Gold International Ltd, Registered Shares LS 0.0001 3) Portugal Telecom SGPS S,A, Acções Nom, EO 0.03
JE00B5WLXH36
UNITS
445,155
352,779
250.265 GBP
1.850
1,002,909.48
0.35
PTPTC0AM0009
UNITS
417,752
555,552
137,800 EUR
3.000
1,253,256.00
0.43
PostNL N,V, Aandelen aan toonder EO -0.08
NL0009739416
UNITS
293,610
378,361
84,751 EUR
3.162
928,394.82
0.32
Premier Oil PLC Registered Shares LS 0.125
GB00B43G0577
UNITS
351,295
452,698
101,403 GBP
3.388
1,449,419.57
0.50
Provident Financial PLC Registered Shs LS -.17868339 GB00B1Z4ST84
UNITS
92,388
73,232
51,954 GBP
19.870
2,235,590.13
0.78
Qinetiq Group PLC Registered Shares LS 0.01
GB00B0WMWD03
UNITS
440.755
346,975
238,890 GBP
2.108
1,131,479.28
0.39
Raiffeisen Bank Intl AG Inhaber-Aktien o.N.
AT0000606306
UNITS
76,912
100.224
44,924 EUR
22.750
1,749,748.00
0.61
Ratos AB Namn-Aktier B (fria) SK 2,083
SE0000111940
UNITS
140.007
110.953
78,713 SEK
66.050
1,023,402.01
0.36
Rheinmetall AG Inhaber-Aktien o.N.
DE0007030009
UNITS
26,410
20.923
14,853 EUR
47.825
1,263,058.25
0.44
RHÖN-KLINIKUM AG Inhaber-Aktien o.N.
DE0007042301
UNITS
57,605
52,051
45,963 EUR
23.265
1,340.180.33
0.46
RTL Group S,A, Actions au Porteur o.N.
LU0061462528
UNITS
25,709
33,255
7,546 EUR
80.210
2,062,118.89
0.72
Rubis S,A, Actions Port, EO 2,50
FR0000121253
UNITS
22,215
18,863
12,624 EUR
51.280
1,139,185.20
0.40
FR0000130395
UNITS
15,884
13,861
9,752 EUR
63.390
1,006,886.76
0.35
SEB S,A, Actions Port, EO 1
FR0000121709
UNITS
15,737
13,190
10.842 EUR
66.420
1,045,251.54
0.36
Securitas AB Namn-Aktier B (fria) SK 1
SE0000163594
UNITS
212,429
243,569
31,140 SEK
78.450
1,844,295.25
0.64
Shaftesbury PLC Registered Shares LS 0.25
GB0007990962
UNITS
167,557
132,805
94,221 GBP
6.615
1,349,805.45
0.47
Sky Deutschland AG Namens-Aktien o.N.
DE000SKYD000
UNITS
266,355
211,047
149,705 EUR
6.168
1,642,877.64
0.57
Software AG Inhaber-Aktien o.N.
DE0003304002
UNITS
38,381
32,388
25,469 EUR
27.095
1,039,933.20
0.36
Spirax-Sarco Engineering PLC Registered Shares LS 0.259615 Sports Direct Intl PLC Registered Shares LS -.10
GB00B946ZZ62
UNITS
50.153
78,326
28,173 GBP
28.990
1,770.613.95
0.61
GB00B1QH8P22
UNITS
142,174
163,018
20.844 GBP
7.830
1,355,690.94
0.47
STADA Arzneimittel AG vink,Namens-Aktien o.N.
DE0007251803
UNITS
40.341
31,482
21,321 EUR
31.420
1,267,514.22
0.44
Stagecoach Group PLC Registered Shares LS 0.0054824 Storebrand ASA Navne-Aksjer NK 5
GB00B6YTLS95
UNITS
287,311
227,679
161,527 GBP
3.710
1,298,090.33
0.45
NO0003053605
UNITS
303,104
264,276
138,368 NOK
33.320
1,222,923.90
0.42
Sydbank AS Navne-Aktier DK 10
DK0010311471
UNITS
49,538
39,264
27,865 DKK
143.400
951,752.35
0.33
DE0007297004
UNITS
51,862
41,102
29,159 EUR
15.360
796,600.32
0.28
Talk Telecom Group PLC Registered Shares LS 0.001
GB00B4YCDF59
UNITS
363,561
290.780
184,431 GBP
2.868
1,269,799.61
0.44
TeleCity Group PLC Registered Shares LS 0.002
GB00B282YM11
UNITS
133,976
106,169
75,309 GBP
7.170
1,169,835.82
0.41
Telefónica Deutschland Hldg AG Namens-Aktien o.N.
DE000A1J5RX9
UNITS
172,701
136,840
97,069 EUR
5.987
1,033,960.89
0.36
Telekom Austria AG Inhaber-Aktien o.N.
AT0000720008
UNITS
144,306
114,384
81,164 EUR
7.150
1,031,787.90
0.36
Telenet Group Holding N,V, Actions Nom, o.N.
BE0003826436
UNITS
32,312
28,850
25,211 EUR
42.245
1,365,020.44
0.47
TGS Nopec Geophysical Co, ASA Navne-Aksjer NK 0.25 Thomas Cook Group PLC Registered Shares EO 0.01
NO0003078800
UNITS
69,431
89,488
20.057 NOK
205.000
1,723,495.10
0.60
GB00B1VYCH82
UNITS
969,855
1,321,520
351,665 GBP
1.747
2,063,376.43
0.72
Peugeot S,A, Actions Port, (C,R,) EO 1
Rémy Cointreau S,A, Actions au Porteur EO 1,60
Südzucker AG Inhaber-Aktien o.N.
3)
3)
3)
IT0003007728
UNITS
8,789
6,964
4,943 EUR
100.900
886,810.10
0.31
Topdanmark AS Navne-Aktier DK 1
DK0060477503
UNITS
54,074
47,780
41,104 DKK
157.300
1,139,602.93
0.40
Tryg AS Navne-Aktier DK 25
DK0060013274
UNITS
16,353
12,954
9,198 DKK
511.000
1,119,578.82
0.39
TUI AG Namens-Aktien o.N.
DE000TUAG000
UNITS
91,956
105,420
13,464 EUR
11.975
1,101,173.10
0.38
TUI Travel PLC Registered Shares LS -.10
GB00B1Z7RQ77
UNITS
339,592
318,750
198,985 GBP
4.278
1,769,200.21
0.61
Téléperformance S,A, Actions Port, EO 2,5
FR0000051807
UNITS
38,195
30.953
20.031 EUR
41.290
1,577,071.55
0.55
Télévision Fse 1 S,A, (TF1) Actions Port, EO 0.2
FR0000054900
UNITS
80.229
103,400
23,171 EUR
12.250
982,805.25
0.34
UBM PLC Reg, Shares LS 0.10
JE00B2R84W06
UNITS
162,723
128,934
91,479 GBP
6.565
1,300.955.45
0.45
Tod's S.p.A, Azioni nom, EO 2
Ultra Electronics Hldgs PLC Registered Shares LS 0.05 GB0009123323
UNITS
46,323
36,710
26,053 GBP
16.960
956,756.18
0.33
UnipolSai Assicurazioni S.p.A, Azioni nom, o.N.
IT0004827447
UNITS
555,747
637,215
81,468 EUR
2.646
1,470.506.56
0.51
Victrex PLC Registered Shares LS 0.01
GB0009292243
UNITS
56,462
44,770
31,775 GBP
18.610
1,279,621.07
0.44
Vienna Insurance Group AG Inhaber-Aktien o.N.
AT0000908504
UNITS
25,638
20.298
14,385 EUR
38.425
985,140.15
0.34
Viscofan S,A, Acciones Port, EO 0.70
ES0184262212
UNITS
29,589
23,441
16,639 EUR
37.550
1,111,066.95
0.39
Wereldhave N,V, Aandelen aan toonder EO 10
NL0000289213
UNITS
14,464
11,434
8,108 EUR
60.570
876,084.48
0.30
3)
DK0010268440
UNITS
17,025
13,847
8,812 DKK
481.700
1,098,753.08
0.38
Wincor Nixdorf AG Inhaber-Aktien o.N.
DE000A0CAYB2
UNITS
19,868
15,755
11,181 EUR
47.080
935,385.44
0.32
Wirecard AG Inhaber-Aktien o.N.
DE0007472060
UNITS
70.379
55,809
39,611 EUR
30.215
2,126,501.49
0.74
William Demant Hldg AS Navne Aktier A DK 1
13 of 70
Annual Report for iShares STOXX Europe Small 200 UCITS ETF (DE) for the period from 01/05/2013 to 30/04/2014 Marke t
Units. shares or currency in 1.000s
As at Purchases/ Sales/ 30 April 2014 Additions Disposals in the reporting period
% of fund assets
Price
Market value in EUR
10.224 GBP
12.830
1,088,932.10
0.38
56,645 EUR
12.640
1,379,870.88
0.48
243,245.95
0.08
243,245.95
0.08
Warrants on securities
243,245.95
0.08
Warrants on equities
243,245.95
0.08
243,245.95
0.08
311,419.73
0.11
311,419.73
0.11
193,255.01
0.07
Designation of class of security
ISIN
WS Atkins PLC Registered Shares LS 0.005
GB0000608009
UNITS
69,694
79,918
Zardoya Otis S,A, Acciones Port, EO 0.10
ES0184933812
UNITS
109,167
88,402
Derivatives
2)
(The amounts marked with a minus sign are sold positions,)
Derivatives on individual securities Receivables/liabilities
Peugeot S,A, BSA 29,04,17
3)
A,
UNITS
176,393
176,393
- EUR
1.379
Bank Accounts. Unsecuritised Money Market Instruments. Money Market Funds Bank accounts Credit in other EU/EEA currencies Custodian Bank: StateStreet Bank
Non-EU/EEA currencies Custodian Bank: StateStreet Bank
CZK
3,975.34
%
100.000
144.73
0.00
DKK
76,792.00
%
100.000
10.288.51
0.00
GBP
18,412.85
%
100.000
22,423.31
0.01
NOK
463,837.38
%
100.000
56,165.36
0.02
SEK
941,850.50
%
100.000
104,233.10
0.04
118,164.72
0.04
118,164.72
0.04
CHF
144,253.97
%
100.000
1,494,256.94
0.52
CHF
46,091.50
37,755.56
0.01
CZK
2,244,926.50
81,730.38
0.03
EUR
235,400.48
235,400.48
0.08
Other assets Dividend claims
Withholding tax reimbursement claims
Receivables arising from securities transactions
GBP
421,213.47
512,957.05
0.18
NOK
856,704.80
103,737.07
0.04
SEK
737,869.50
81,658.85
0.03
USD
96,929.35
69,906.90
0.02
CHF
52,129.08
42,701.20
0.01
EUR
235,042.06
235,042.06
0.08
GBP
1,506.54
1,834.68
0.00
NOK
755,916.00
91,532.71
0.03
-685,103.61
-0.24
-685,103.61
-0.24
-685,103.61
-0.24
-48,651.55
-0.02
-48,651.55
-0.02
Liabilities arising from loans EUR loans EUR
-685,103.61
EUR
-48,651.55
%
100.000
Other liabilities
Fund assets Unit value Units in circulation
EUR EUR UNITS
288.238.551.89 100.00 23.43 12.300.000
2) Rounding of percentages during the calculation may result in slight rounding differences. 3) These securities are partially or fully transferred as securities loans.
14 of 70
Annual Report for iShares STOXX Europe Small 200 UCITS ETF (DE) for the period from 01/05/2013 to 30/04/2014 Notes on Securities Loans Designation of class of security
Nominal in units or currency in 1,000s
limited
unlimited
total
The following securities were transferred as securities loans as at the reporting date: Air France-KLM S,A, Actions Port, EO 1
UNITS
160.428
0.00
1.662.836.22
Banca Pop, di Milano S.C.a.R.L Azioni o.N.
UNITS
1,871,310
0.00
1.358.571.06
Banco Com, Português SA (BCP) Acç, Nom, + Port, Reg, o.N.
UNITS
11,458,079
0.00
2.509.319.30
Bca Monte dei Paschi di Siena Azioni nom, o.N.
UNITS
4,924,602
0.00
1.181.412.02
Cie Ind, Fin.Ingén.SA Ingénico Actions Port, EO 1
UNITS
31,476
0.00
1.978.266.60
Davide Campari-Milano S.p.A, Azioni nom, EO -0.10
UNITS
180.423
0.00
1.129.447.98
Evonik Industries AG Namens-Aktien o.N.
UNITS
29,363
0.00
834.936.91
FLSmidth & Co, AS Navne-Aktier B DK 20
UNITS
38,396
0.00
1.478.972.74
Neste Oil Corp, Registered Shs o.N.
UNITS
93,264
0.00
1.380.307.20
Outotec Oyi Registered Shares o.N.
UNITS
104,432
0.00
841.199.76
Peugeot S,A, Actions Port, (C,R,) EO 1
UNITS
191,459
0.00
2.442.059.55
Peugeot S,A, BSA 29,04,17
UNITS
176,393
0.00
243.245.95
Portugal Telecom SGPS S,A, Acções Nom, EO 0.03
UNITS
456,339
0.00
1.369.017.00
Rémy Cointreau S,A, Actions au Porteur EO 1,60
UNITS
15,089
0.00
956.491.71
Südzucker AG Inhaber-Aktien o.N.
UNITS
49,268
0.00
756.756.48
Tod's S.p.A, Azioni nom, EO 2
UNITS
9,512
0.00
959.760.80
William Demant Hldg AS Navne Aktier A DK 1
UNITS
17,205
0.00
1.110.369.85
Total value of securities loans repayable
EUR
0.00
22,192,971.13
22,192,971.13
Holdings also include terminated securities lending transactions,
15 of 70
Annual Report for iShares STOXX Europe Small 200 UCITS ETF (DE) for the period from 01/05/2013 to 30/04/2014
Transactions during the reporting period, insofar as these no longer appear in the assets listed: Securities purchases and sales, investment units and bonds (market allocation on the reporting date) ISIN
Units, shares or currency in 1,000s
Purchases/ Additions
Sales/ Disposals
Securities Exchange-traded securities Shares Acciona S,A, Acciones Port, EO 1
ES0125220311
UNITS
7,358
20.524
Acerinox SA (CE Fab.Acero In,) Acciones Nom, EO -0.25
ES0132105018
UNITS
19,924
75,993
Acerinox SA (CE Fab.Acero In,) Anrechte
ES0632105914
UNITS
60.773
60.773
AIXTRON SE Namens-Aktien o.N.
DE000A0WMPJ6
UNITS
38,668
86,819
Allreal Holdings AG Namens-Aktien SF 50
CH0008837566
UNITS
2,977
8,302
AVEVA Group PLC Registered Shares LS 0.0333
GB00B15CMQ74
UNITS
15,046
49,864
Banco Popolare Società Cooper, Azioni nom, o.N.
IT0004231566
UNITS
1,599,614
1,599,614
Bank of Ireland (The Gov.&Co,) Reg, Capital Stock EO 0.05
IE0030606259
UNITS
3,141,762
12,114,465
BANKIA S,A, Acciones Nominativas EO 1
ES0113307021
UNITS
2,898,835
2,898,835
Banque Cantonale Vaudoise Namens-Aktien SF 10
CH0015251710
UNITS
1,481
2,945
Barratt Developments PLC Registered Shares LS 0.10
GB0000811801
UNITS
175,374
676,191
bioMerieux Actions au Porteur o.N.
FR0010096479
UNITS
5,864
13,156
Bwin,Party Digital Entertainm, Registered Shares LS 0.00015
GI000A0MV757
UNITS
288,316
645,897
Caverion Oyj, Registered Shares o.N.
FI4000062781
UNITS
67,329
67,329
Celesio AG Namens-Aktien o.N.
DE000CLS1001
UNITS
44,525
88,211
CEZ AS Inhaber-Aktien KC 100
CZ0005112300
UNITS
127,918
127,918
De La Rue PLC Registered Shares LS 0.4486857
GB00B3DGH821
UNITS
40.920
91,883
Debenhams PLC Registered Shares LS 0.01
GB00B126KH97
UNITS
669,333
1,326,164
EasyJet PLC Registered Shares LS-,27285714
GB00B7KR2P84
UNITS
57,751
161,310
Eurasian Natural Res, Corp, Registered Shares DL -0.20
GB00B29BCK10
UNITS
43,507
165,945
Eurocommercial Properties N,V, Cert, van Aandelen 10/EO 0.50 NL0000288876
UNITS
9,638
26,714
Evraz PLC Registered Shares DL 1
GB00B71N6K86
UNITS
73,400
282,999
Firstgroup PLC Anrechte
GB00B8HX6B05
UNITS
358,336
358,336
Firstgroup PLC Reg, Shares Em, 6/13 LS 0.05
GB00B8HX6431
UNITS
358,336
358,336
GSW Immobilien AG Inhaber-Aktien o.N.
DE000GSW1111
UNITS
19,551
43,892
Hargreaves Lansdown PLC Registered Shares DL-,004
GB00B1VZ0M25
UNITS
122,633
238,774
Hiscox Ltd, Registered Shs LS 0.056179775
BMG4593F1124
UNITS
316,291
316,291
HOCHTIEF AG Inhaber-Aktien o.N.
DE0006070006
UNITS
15,009
29,139
Imagination Tech, Group PLC Registered Shares LS 0.10
GB0009303123
UNITS
44,545
147,576
Inchcape PLC Registered Shares LS 0.10
GB00B61TVQ02
UNITS
177,700
399,044
Kazakhmys PLC Registered Shares LS -,20
GB00B0HZPV38
UNITS
38,108
146,922
Kemira Oy Registered Shares o.N.
FI0009004824
UNITS
53,299
105,589
London Stock Exchange GroupPLC Reg, Shares LS 0.069186047 Lundbergföretagen AB Namn-Aktier B (fria) SK 10
GB00B0SWJX34
UNITS
49,664
138,724
SE0000108847
UNITS
20.027
39,948
Mobimo Holding AG Nam,-Aktien SF 29
CH0011108872
UNITS
1,742
4,907
National Bank of Greece S,A, Anrechte
GRX003003050
UNITS
72,781
72,781
National Bank of Greece S,A, Namens-Aktien EO 0.30
GRS003003019
UNITS
271,556
271,556
National Express Group PLC Registered Shares LS 0.05
GB0006215205
UNITS
75,469
291,037
Nutreco N,V, Aandelen aan toonder EO 0.24
NL0000375400
UNITS
90
16,214
OSRAM Licht AG Namens-Aktien o.N.
DE000LED4000
UNITS
69,041
69,041
Pandora A/S Navne-Aktier DK 1
DK0060252690
UNITS
89,248
89,248
Partners Group Holding AG Namens-Aktien SF 0.01
CH0024608827
UNITS
-
9,595
Pirelli & C, S.p.A, Azioni nom, o.N.
IT0004623051
UNITS
194,698
313,459
Pohjola Pankki Oyj Registered Shares Cl,A o.N.
FI0009003222
UNITS
100.747
199,622
ProSiebenSat,1 Media AG Vorzugsaktien o,St,o.N.
DE0007771172
UNITS
18,493
71,343
Rexel S,A, Actions au Porteur EO 5
FR0010451203
UNITS
124,434
180.753
Rightmove PLC (New) Registered Shares LS 0.01
GB00B2987V85
UNITS
43,469
97,796
16 of 70
Annual Report for iShares STOXX Europe Small 200 UCITS ETF (DE) for the period from 01/05/2013 to 30/04/2014 ISIN
Units, shares or currency in 1,000s UNITS
Purchases/ Additions
Sales/ Disposals
Royal Imtech N,V, Aandelen op naam EO 0.80
NL0006055329
15,348
58,551
Royal Mail PLC Registered Shares LS 0.01
GB00BDVZYZ77
UNITS
406,178
406,178
Rubis S,A, Anrechte
FR0011600436
UNITS
23,758
23,758
Salzgitter AG Inhaber-Aktien o.N.
DE0006202005
UNITS
10.933
30.539
Smurfit Kappa Group PLC Registered Shares EO 0.001
IE00B1RR8406
UNITS
75,301
173,699
Spirax-Sarco Engineering PLC Registered Shares LS 0.25
GB0008347048
UNITS
6,910
46,996
Spirent Communications PLC Registered Shares LS 0.0333
GB0004726096
UNITS
116,998
451,122
SSAB AB Namn-Aktier A (fria) o.N.
SE0000171100
UNITS
31,306
119,433
St, James's Place PLC Registered Shares LS 0.15
GB0007669376
UNITS
358,846
358,846
Tecnicas Reunidas S,A, Acciones Port, EO 0.10
ES0178165017
UNITS
9,015
25,154
ThromboGenics N,V, Actions Nom, o.N.
BE0003846632
UNITS
9,001
25,134
Trelleborg AB Namn-Aktier B (fria) SK 25
SE0000114837
UNITS
69,468
194,067
United Internet AG Namens-Aktien o.N.
DE0005089031
UNITS
51,139
111,818
Valiant Holding AG Namens-Aktien SF 0.50
CH0014786500
UNITS
8,249
16,362
Vedanta Resources PLC Registered Shares DL ,10
GB0033277061
UNITS
55,659
107,560
Verbund AG Inhaber-Aktien A o.N.
AT0000746409
UNITS
18,938
52,844
Vesuvius PLC Registered Shares LS 0.10
GB00B82YXW83
UNITS
40.192
153,337
YIT Oyj Registered Shares o.N.
FI0009800643
UNITS
46,119
103,562
Zardoya Otis S,A, Anrechte
ES06849339I8
UNITS
94,801
94,801
Éts Maurel et Prom S,A, Actions Port, EO 0.77
FR0000051070
UNITS
24,006
67,022
SE0001174889
EUR
11,745
33,136
Algeta ASA Navne-Aksjer NK 0.50
NO0010239437
UNITS
35,334
35,334
Banco Popolare Società Cooper, Anrechte
IT0005005449
UNITS
133,976
133,976
Cofinimmo SICAFI S,A,/N,V, Anrechte (Kupons 23)
BE6253981037
UNITS
7,665
7,665
Eurazeo S,A, Anrechte
FR0011492370
UNITS
18,802
18,802
National Bank of Greece S,A, Namens-Aktien EO 10
GRS003013000
UNITS
100.137
727,812
Zardoya Otis S,A, Acciones Port, Em, 7/13 EO 0.10
ES0184933044
UNITS
3,792
3,792
Other securities Oriflame Cosmetics S,A, Aktier (SDRs)/1 EO 1,25
Unlisted securities Shares
Derivatives (Option premiums or volume of option contracts converted into opening transactions; in the case of warrants, statement of purchases and sales)
Warrants Warrants on securities Warrants on equities NATL BK GREECE OS
UNITS
161.962
161.962
17 of 70
Annual Report for iShares STOXX Europe Small 200 UCITS ETF (DE) for the period from 01/05/2013 to 30/04/2014 Securities loans (trading volume valued on the basis of the value agreed when the loan transaction was concluded): Volume in 1,000s
Designation of class of security
Unlimited
EUR
72.034
Underlyings: AIXTRON SE Namens-Aktien o.N., Acciona S.A. Acciones Port. EO 1, Acerinox SA (CE Fab.Acero In.) Acciones Nom. EO 0.25, Acerinox SA (CE Fab.Acero In.) Anrechte, Ackermans & van Haaren N.V. Actions Nom. o.N., Air France-KLM S.A. Actions Port. EO 1, Algeta ASA Navne-Aksjer NK 0.50. Azimut Holding S.p.A. Azioni nom. EUR o.N., Banca Pop. di Milano S.C.a.R.L Azioni o.N., Banco Espirito Santo S.A. Acç. Nom. + Port. Reg. o.N., Banco Popolare Società Cooper. Anrechte, Banco Popolare Società Cooper. Azioni nom. Nuove o.N., Bankinter S.A. Acciones Nom. EO 0.30. Bca Monte dei Paschi di Siena Azioni nom. o.N., Bca Pop. di Sondrio S.C.a.R.L. Azioni nom. EO 3, Bolsas y Mercados Espanoles Acciones Nominativas EO 3, Celesio AG Namens-Aktien o.N., Cie Ind. Fin.Ingén.SA Ingénico Actions Port. EO 1, DKSH Holding AG Nam.-Aktien SF 0.10. Davide Campari-Milano S.p.A. Azioni nom. EO 0.10. Eurasian Natural Res. Corp. Registered Shares DL 0.20. Evonik Industries AG NamensAktien o.N., Evraz PLC Registered Shares DL 1, Finmeccanica S.p.A. Azioni nom. EO 4.40. Firstgroup PLC Registered Shares LS 0.05, GSW Immobilien AG Inhaber-Aktien o.N., Gerresheimer AG Inhaber-Aktien o.N., Greek Org.of Football Progn. Inhaber-Aktien EO 0.30. Hellenic Telecomm. Organ. S.A. Namens-Aktien EO 2.83, Kazakhmys PLC Registered Shares LS 0.20. Mapfre S.A. Acciones Nom. EO 0.10. Marine Harvest ASA Navne-Aksjer NK 7.50. Neopost S.A. Actions Port. EO 1, Neste Oil Corp. Registered Shs o.N., Outotec Oyi Registered Shares o.N., Peugeot S.A. Actions Port. (C.R.) EO 1, Pirelli & C. S.p.A. Azioni nom. o.N., Polyus Gold International Ltd. Registered Shares LS 0.0001, Portugal Telecom SGPS S.A. Acções Nom. EO 0.03, Raiffeisen Bank Intl AG Inhaber-Aktien o.N., Ratos AB Namn-Aktier B (fria) SK 2.083, TGS Nopec Geophysical Co. ASA Navne-Aksjer NK 0.25, TUI Travel PLC Registered Shares LS 0.10. Tecnicas Reunidas S.A. Acciones Port. EO 0.10. Telekom Austria AG Inhaber-Aktien o.N., ThromboGenics N.V. Actions Nom. o.N., Tod's S.p.A. Azioni nom. EO 2, Zardoya Otis S.A. Acciones Port. EO 0.10
Profit-and-Loss Account (incl. Income Adjustment) for the period from 01/05/2013 to 30/04/2014 I. Income 1. Dividends from domestic issuers
EUR
595,832.77
2. Dividends from foreign issuers (before withholding tax) 4)
EUR
6,850,410.76
3. Interest from domestic liquidity investments
EUR
377.69
4. Income from securities lending and securities repurchase agreements
EUR
153,736.75
5. Deduction of foreign withholding tax
EUR
-621,502.18
6. Other income
EUR
Total income
EUR
713,853.16
7,692,708.95
II. Expenses 1. Interest from borrowing
EUR
-5,095.42
2. Management fees
EUR
-597,528.41
3. Other expenses
EUR
Total expenses
EUR
-631,713.60
III. Ordinary net income
EUR
7,060.995.35
-29,089.77
IV. Disposals 1. Realised gains
EUR
39,457,565.57
2. Realised losses
EUR
-10.045,020.58
Gain/loss on disposals
EUR
29,412,544.99
V. Annual realised results
EUR
36,473,540.34
1. Net change in unrealised gains
EUR
18,600.638.94
2. Net change in unrealised losses
EUR
1,725,793.64
VI. Annual unrealised results
EUR
20.326,432.58
VII. Result for the financial year
EUR
56,799,972.92
4) Includes dividends within the meaning of Article 19 Para. 1 of the German REIT Act amounting to EUR 329,550.10
18 of 70
Annual Report for iShares STOXX Europe Small 200 UCITS ETF (DE) for the period from 01/05/2013 to 30/04/2014 Change in Fund Assets 2013/2014 I. Value of fund assets at start of financial year
EUR
1. Distribution for the previous year
EUR
2. Interim distributions
EUR
-4,549,386.55
3. Inflow/Outflow of funds (net)
EUR
65,497,100.00
a) Proceeds received from sales of units
EUR
192,043,940.00
b) Payments for redemption of units
EUR
-126,546,840.00
173,223,551.61 -2,546,171.00
4. Income adjustment/cost compensation
EUR
-186,515.09
5. Result for the financial year
EUR
56,799,972.92
of which unrealised gains
EUR
18,600,638.94
of which unrealised losses
EUR
1,725,793.64
II. Value of fund assets at end of financial year
EUR
288,238,551.89
Use of income from the investment fund
Calculation of distribution (total and per unit)
I. Available for distribution
Total
Per unit
EUR
82,631,267.29
6.72
1. Carryforward from the previous year 5)
EUR
36,112,706.37
2.94
2. Annual realised results
EUR
36,473,540.34
2.96
EUR
10.045,020.58
0.82
EUR
-75,570.282.24
-6.15
1. Reinvested
EUR
-32,334,499.46
-2.63
2. Carryforward to new account
EUR
-43,235,782.78
-3.52
EUR
7,060.985.05
0.57
1. Interim distribution
EUR
4,549,386.55
0.37
2. Final year-end distribution
EUR
2,511,598.50
0.20
3. Transfer from the investment fund
6)
II. Not used for distribution
III. Total distribution
5) Difference from preceding year because of income adjustment calculated on carryforwards. 6) Transfer in the amount of the realised losses of the financial year.
Comparative overview of the last three financial years
Financial year
Fund assets at the end of the financial year
Unit value
2013/2014
EUR
288,238,551.89
23.43
2012/2013
EUR
173,223,551.61
19.57
2011/2012
EUR
133,898,204.05
17.07
2010/2011
EUR
180.805,030.90
19.17
19 of 70
Annual Report for iShares STOXX Europe Small 200 UCITS ETF (DE) for the period from 01/05/2013 to 30/04/2014 Annex
Information pursuant to the German Derivatives Ordinance [Derivateverordnung, DerivateV]: Information where derivatives are employed pursuant to Article 37 Para. 1 DerivateV: Level of exposure through derivatives:
EUR
702.340.30
EUR
Market value of securities in EUR 0.00
Counterparty to derivatives transactions: Peugeot S.A.
Total sum in connection with third-party derivatives for collateral:
Pursuant to the Derivatives Ordinance, the utilisation of the market risk ceiling for this investment fund was calculated in accordance with the qualified approach using a derivative-free benchmark.
Information under the qualified approach: Potential exposure to market risk in accordance with Article 37 Para. 4 DerivateV: Beginning of the financial year End of the financial year Beginning of risk measurement Smallest potential exposure Largest potential exposure Average potential exposure
01.05.2013 30.04.2014 01.05.2013 9.58 % 12.26 % 10.92 %
Risk model used in accordance with Article 10 DerivateV: Analytical approach using a multifactorial model Parameters used in accordance with Article 11 DerivateV:
Quantile
Confidence level Holding term Observation period
99.00 % 20 days 01/05/2013 to 30/04/2014
Average scope of leverage achieved during the financial year through derivative transactions pursuant to Article 37 Para. 4 DerivateV: Average leverage 1.00 For calculation, the credit value method pursuant to ESMA Guidelines 10-788 was applied. In this method, the leverage is determined by dividing the total exposure of the fund, consisting of the sum of the eligible amount of the derivatives and the net asset value, by its net asset value. Composition of the benchmark assets pursuant to Article 37 Para. 5 DerivateV: STOXX® Europe Small 200
100.00 %
Information where securities loans are employed pursuant to Article 37 Para. 2 DerivateV: Level of exposure through securities loans:
EUR
22.192.971.13
EUR
Market value of securities in EUR 27.568.166.88
Counterparty to securities loans: CREDIT SUISSE SECURITIES (EUROPE) LIMITED GOLDMAN SACHS INTERNATIONAL FINANCE MORGAN STANLEY AND CO. INTERNATIONAL PLC UniCredit Bank AG
Total value of collateral provided for securities loans: of which: Shares Bonds
15.104.309.00 12.463.857.88
20 of 70
Annual Report for iShares STOXX Europe Small 200 UCITS ETF (DE) for the period from 01/05/2013 to 30/04/2014
Annex Other information Number of fund units in circulation and value of a fund unit on the reporting date pursuant to Article 16 Para. 1 No. 1 of the German Capital Investment Accounting and Valuation Ordinance (KARBV) Unit value
EUR
Units in circulation
UNITS
23,43 12.300.000
Information on the evaluation process for assets pursuant to Article 16 Para. 1 No. 2 KARBV Security Prices and Market Prices The fund assets are valued on the basis of the following market prices: All securities:
Closing prices on the respective valuation dates
The valuation of assets generally took place during the financial year and at the balance sheet date on the basis of the last traded stock exchange price. Assets not admitted for trading on stock exchanges nor admitted to another regulated market or included in such market, or for which no tradable value is available, are valued at current market values, which shall be assessed with due care using appropriate valuation models and taking into consideration current market conditions. Money in bank accounts and existing receivables are valued at their current nominal value. Existing liabilities are reported at the amounts payable.
Exchange Rate(s) or Conversion Factor(s) (bulk quoting) as at 30/04/2014 British Pound Sterling
(GBP)
0.82115= 1 euro (EUR)
Danish kroner
(DKK)
7.46386= 1 euro (EUR)
Norwegian kroner
(NOK)
8.25843= 1 euro (EUR)
Swedish kronor
(SEK)
9.03600= 1 euro (EUR)
Swiss francs
(CHF)
1.22079= 1 euro (EUR)
Czech koruna
(CZK)
27.46747= 1 euro (EUR)
US dollar
(USD)
1.38655= 1 euro (EUR)
Market key a) Securities trading A.
Exchange trading
Information on transparency and the total expense ratio (TER) pursuant to Article 16 Para. 1 No. 3 KARBV Total expense ratio pursuant to Article 101 Para. 2 of the German Investment Code (KAGB): 0.20%. The total expense ratio expresses all costs and payments (not including transaction costs) borne by the investment fund during the year in relation to the average net asset value of the investment fund’s assets. A fee of 0.0226% p.a. of average fund assets was also incurred due to additional income from securities lending transactions. Performance-related or supplementary management fee pursuant to Article 16 Para. 1 No. 3a) KARBV The management fee includes the following: a) Fixed fee from lending income: EUR 59.943.12 In accordance with the terms and conditions of investment, a fixed fee of 0.19% p.a. based on the average net asset value and payable to the investment management company has been agreed for the investment fund. This fixed fee covers services rendered by the company, in particular the expenses of the depository, costs of legally required printing, mailings and publications associated with the investment fund, and for the auditing of the annual report. Of this amount, 0.0465% p.a. is due to the depository based on the average net asset value, and 0.0461% p.a. to third parties (printing and publication expenses, auditing and miscellaneous costs). The company does not pay any fees to brokers. The following expenses are not included in the fixed fee: a) Expenses resulting from the purchase and sale of assets (transaction costs); b) Customary bank custody fees, including the customary bank charges for the custody of foreign securities abroad and related taxes, if applicable; c)
Expenses related to day-to-day account management;
d) Expenses incurred in the assertion and enforcement of the legal claims of the Investment Fund. e) Expenses for providing information to investors of the investment fund by means of a durable medium, with the exception of expenses for providing information in the case of fund mergers. Details of the fee structure are provided in the current sales prospectus. 21 of 70
Annual Report for iShares STOXX Europe Small 200 UCITS ETF (DE) for the period from 01/05/2013 to 30/04/2014 Expenses paid and repayments received pursuant to Article 16 Para. 1 No. 3c) KARBV In the financial year 1 May 2013 to 30 April 2014, the investment management company BlackRock Asset Management Deutschland AG received no repayment of fees or reimbursement of expenses paid from the investment fund to the depository or to third parties for the investment fund iShares STOXX Europe Small 200 UCITS ETF (DE). Information concerning other income and other expenses pursuant to Article 16 Para. 1 No. 3e) KARBV Other income amounting to 713,853.16 is broken down as follows: a) Compensation payments:
EUR
108.998.27
b) Income from withholding tax refunds/claims:
EUR
600.338.42
c) Other income:
EUR
4.516.47
a) Bank custody fees:
EUR
28.899.42
b) Other expenditure:
EUR
190.35
Other expenses amounting to 29,089.77 are broken down as follows:
Information concerning transaction costs pursuant to Article 16 Para. 1 No. 3f) KARBV The transaction costs pursuant to Article 16 Para. 1 No. 3 f) of the German Capital Investment Accounting and Valuation Ordinance (“KARBV”) paid during the reporting period totalled EUR 223,519.89. Transaction costs take into account all costs that were separately recognised or invoiced for the account of the investment fund and that are in direct connection with the purchase or sale of assets. The share of the securities transactions executed during the reporting period for account of the investment fund through brokers that are closely affiliated companies and persons was 0.00%. Their total amount was EUR 0.00. Index fund information pursuant to Article 16 Para. 2 KARBV Tracking error level at the end of the reporting period, pursuant to Article 16 Para. 2 No. 1 KARBV
0.28 percentage points
Annual tracking difference level
0.10 percentage points
The STOXX® Europe Small 200 performance index recorded a performance of 23.37% in the reporting period. Taking into account costs, distributions and taxes, iShares STOXX Europe Small 200 UCITS ETF (DE) recorded a performance of 23.47% during the same period.
Further information necessary for understanding the report pursuant to Article 7 No. 9 d) KARBV Explanation of the calculation of net change in unrealised gains and losses Determination of net change in unrealised gains and losses takes place by means of comparing, in each financial year, the valuations of assets included in the unit price with the relevant historical purchase prices, the level of the positive differences in the sum of unrealised gains included, the level of the negative differences in the sum of unrealised losses included and by determining the net changes from a comparison of the sum totals at the end of the financial year with those at the beginning. General information The iShares STOXX Europe Small 200 UCITS ETF (DE) investment fund was brought into line with the provisions of the German Investment Code (KAGB) with effect from 20 January 2014. Munich, 7 August 2014 BlackRock Asset Management Deutschland AG
Dr Thomas Groffmann
Alexander Mertz
22 of 70
Annual Report for iShares STOXX Europe Small 200 UCITS ETF (DE) for the period from 01/05/2013 to 30/04/2014 Special Auditor’s Note Concerning BlackRock Asset Management Deutschland AG, Munich In accordance with Article 102 of the German Investment Code (KAGB), BlackRock Asset Management Deutschland AG, Munich, has commissioned us to review the annual report for the investment fund iShares STOXX Europe Small 200 UCITS ETF (DE) for the financial year from 1 May 2013 to 30 April 2014. Responsibility of the legal representatives The preparation of the annual report in accordance with the KAGB is the responsibility of the legal representatives of the investment management company. Responsibility of the auditor It is our responsibility to express an opinion on the annual report, based on our audit. We conducted our audit in accordance with Article 102 of the KAGB and the German generally accepted principles for the audit of financial statements promulgated by the Institute of Public Auditors in Germany (IDW). These standards require us to plan and perform the audit in such a way that inaccuracies and infringements materially affecting the annual report are detected with reasonable assurance. Knowledge of the management of the investment fund and assessment of potential misstatements are taken into account when determining audit procedures. The effectiveness of the internal control system used when accounting and the evidence supporting the disclosures in the annual report are examined, primarily on a test basis, within the framework of the audit. The audit includes the appraisal of the accounting principles applied for the annual report and the main estimates of the legal representatives of the investment management company. We believe that our audit provides a reasonable basis for our opinion.
Opinion Our audit has not led to any reservations. According to our appraisal, based on the findings gained during our audit, the annual report complies with the legal regulations.
Munich, 08 August 2014 Deloitte & Touche GmbH Wirtschaftsprüfungsgesellschaft
Koch Auditor
Rumpelt Auditor
23 of 70
BlackRock Asset Management Deutschland AG Max-Joseph-Strasse 6 80333 Munich, Germany iShares STOXX Europe Small 200 UCITS ETF (DE) ISIN: DE000A0D8QZ7 Bases of taxation pursuant to Article 5 Para. 1, Sentence 1, No. 1 and No. 2 InvStG (German Investment Tax Act) Financial year from 01/05/2013 to 30/04/2014 Ex date of the (interim) distribution: 16/06/2014 Value date: 16.06.2014 Date of dividend resolution: 15.05.2014 Article 5 Para. 1 Sentenc e 1 No. .... InvStG
Private assets
Operating assets Operating assets EStG (German Income Tax KStG (German Corporation Act) Tax Act)
EUR
EUR
EUR
Per unit
Per unit
Per unit
Amount of distribution
0.2177440
0.2177440
0.2177440
of which income equivalent to distributions from previous years
0.0000000
0.0000000
0.0000000
of which non-taxable repayment of principal/capital distributions
0.0000000
0.0000000
0.0000000
Partial accumulation amount/distributable income
0.0025889
0.0025889
0.0025889
of which non-deductible income-related expenses pursuant to Article 3 Para. 3 Sentence 3 No. 2 InvStG
0.0016459
0.0016459
0.0016459
Amount of distributed income
0.2177440
0.2177440
0.2177440
1 c) aa) Income as defined in Article 2 Para. 2 Sentence 1 InvStG in conjunction with No. 40 EStG, or in the case of Article 16 InvStG in conjunction with Article 8b Para. 1 KStG (Capital Gains Tax Act) 1 c) bb) Capital gains within the meaning of Article 3 No. 40 EStG and Article 8b Para. 2 KStG
0.1807450
0.0000000
0.0000000
0.0000000
1 c) cc) Income within the meaning of Article 2 Para. 2a InvStG (interest limit)
0.0001481
0.0001481
0.0000000
0.0000000
1a)
2)
1b)
Contained in the distributed income:
1 c) dd) Tax-free old capital gains from securities, subscription rights and futures transactions in private assets (Article 2 III No. 1 Sentence 1 InvStG in the version to be used on 31 December 2008)
0.0000000
1 c) ee) Tax-free old capital gains from subscription rights to bonus shares in companies
0.0000000
1 c) ff) Tax-free profits from the purchase and sale of German and foreign land outside the 10-year period
0.0000000
1 c) gg) Income that is tax-exempt on the basis of DTA (in particular foreign rental income and profits from the purchase and sale of foreign land) 1 c) hh) DTA tax-free income included in gg) that is not subject to the progression provision
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
1 c) ii) Foreign income on which foreign withholding taxes were actually retained or are deemed retained, provided the foreign withholding tax was not treated as income-related expenses at the fund level
0.0422463
0.0422463
0.0422463
1 c) jj) Foreign income included in ii) within the meaning of Article 3 No. 40 EStG and Article 8b Para. 2 InvStG or in the case of Article 16 InvStG in conjunction with Article 8b Para. 1 KStG Income from foreign REITs included in ii) 1 c) kk) Foreign income on which foreign withholding taxes are considered to have been retained (notional withholding tax) included in ii) 1 c) ll) Foreign income included in kk) within the meaning of Article 3 No. 40 EStG and Article 8b Para. 2 InvStG or in the case of Article 16 InvStG in conjunction with Article 8b Para. 1 KStG Income as defined in Article 18 Para. 22 Sentence 4 InvStG in conjunction with Article 8b Para. 1 1 c) mm) of the Corporation Tax Act 1 d)
Capital gains tax measurement basis
0.0229266
0.0000000
0.0193197
0.0193197
0.0193197
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000 0.0000000
0.2203329
0.2203329
0.2203329
1 d) aa) Income included in d) within the meaning of Article 7 Para. 1 and 2 InvStG
0.2126136
0.2126136
0.2126136
1 d) bb) Domestic dividends and taxable domestic real estate income included in d)
0.0077193
0.0077193
0.0077193
0.0000000
0.0000000
0.0000000
0.1941489
0.1941489
0.1941489
0.0211232
0.0211232
0.0211232
0.0077886
0.0077886
0.0077886
0.0046676
0.0000000
0.0031210
0.0031210
0.0031210
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
of which from German REITs 1 d) cc) Foreign dividends, capital gains, gains from writing options and futures transactions included in d) aa) of which from foreign REITs
Allowable/deductible and notional foreign withholding tax 1 f) 1 f) aa) Deductible foreign withholding tax, provided it is not treated as income-related expenses on the fund level 1 f) bb) Deductible withholding tax on foreign income included in aa) within the meaning of Article 3 No. 40 EStG and Article 8b Para. 2 KStG, or in the case of Article 16 InvStG in conjunction with Article 8b Para. 1 KStG Deductible withholding tax on income from foreign REITs included in aa) 1 f) cc) Deductible foreign withholding tax 1 f) dd) Deductible withholding tax on foreign income included in cc) within the meaning of Article 3 No. 40 EStG and Article 8b Para. 2 KStG, or in the case of Article 16 InvStG in conjunction with Article 8b Para. 1 KStG 1 f) ee) Notionally deductible foreign withholding tax
0.0000000
1 f) ff) Notionally deductible withholding tax on foreign income included in ee) within the meaning of Article 3 No. 40 EStG and Article 8b Para. 2 KStG, or in the case of Article 16 InvStG in conjunction with Article 8b Para. 1 KStG 1 g)
Deduction for depreciation or depletion (for real estate)
0.0000000
0.0000000
0.0000000
1 h)
Total withholding tax paid and reimbursed in the financial year Total of the 10% non-deductible income-related expenses (Article 3 Para. 3 Sentence 2 No. 2 InvStG)
0.0135490
0.0135490
0.0135490
0.0016459
0.0016459
0.0016459
1 i)
24 of 70
BlackRock Asset Management Deutschland AG Max-Joseph-Strasse 6 80333 Munich, Germany iShares STOXX Europe Small 200 UCITS ETF (DE) ISIN: DE000A0D8QZ7 Bases of taxation pursuant to Article 5 Para. 1, Sentence 1, No. 1 and No. 2 InvStG (German Investment Tax Act) Financial year from 01/05/2013 to 30/04/2014 Ex date of the (interim) distribution: 17/03/2014 Value date: 17.03.2014 Date of dividend resolution: 17.02.2014 Article 5 Para. 1 Sentenc e 1 No. .... InvStG
Private assets
Operating assets Operating assets EStG (German Income Tax KStG (German Corporation Act) Tax Act)
EUR
EUR
EUR
Per unit
Per unit
Per unit
Amount of distribution
0.0398506
0.0398506
0.0398506
of which income equivalent to distributions from previous years
0.0000000
0.0000000
0.0000000
of which non-taxable repayment of principal/capital distributions
0.0000000
0.0000000
0.0000000
Partial accumulation amount/distributable income
0.0011113
0.0011113
0.0011113
of which non-deductible income-related expenses pursuant to Article 3 Para. 3 Sentence 3 No. 2 InvStG
0.0011113
0.0011113
0.0011113
Amount of distributed income
0.0398506
0.0398506
0.0398506
1 c) aa) Income as defined in Article 2 Para. 2 Sentence 1 InvStG in conjunction with No. 40 EStG, or in the case of Article 16 InvStG in conjunction with Article 8b Para. 1 KStG (Capital Gains Tax Act) 1 c) bb) Capital gains within the meaning of Article 3 No. 40 EStG and Article 8b Para. 2 KStG
0.0379155
0.0000000
0.0000000
0.0000000
1 c) cc) Income within the meaning of Article 2 Para. 2a InvStG (interest limit)
0.0001871
0.0001871
0.0000000
0.0000000
1a)
2)
1b)
Contained in the distributed income:
1 c) dd) Tax-free old capital gains from securities, subscription rights and futures transactions in private assets (Article 2 III No. 1 Sentence 1 InvStG in the version to be used on 31 December 2008)
0.0000000
1 c) ee) Tax-free old capital gains from subscription rights to bonus shares in companies
0.0000000
1 c) ff) Tax-free profits from the purchase and sale of German and foreign land outside the 10-year period
0.0000000
1 c) gg) Income that is tax-exempt on the basis of DTA (in particular foreign rental income and profits from the purchase and sale of foreign land) 1 c) hh) DTA tax-free income included in gg) that is not subject to the progression provision
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
1 c) ii) Foreign income on which foreign withholding taxes were actually retained or are deemed retained, provided the foreign withholding tax was not treated as income-related expenses at the fund level
0.0000000
0.0000000
0.0000000
1 c) jj) Foreign income included in ii) within the meaning of Article 3 No. 40 EStG and Article 8b Para. 2 InvStG or in the case of Article 16 InvStG in conjunction with Article 8b Para. 1 KStG Income from foreign REITs included in ii) 1 c) kk) Foreign income on which foreign withholding taxes are considered to have been retained (notional withholding tax) included in ii) 1 c) ll) Foreign income included in kk) within the meaning of Article 3 No. 40 EStG and Article 8b Para. 2 InvStG or in the case of Article 16 InvStG in conjunction with Article 8b Para. 1 KStG Income as defined in Article 18 Para. 22 Sentence 4 InvStG in conjunction with Article 8b Para. 1 1 c) mm) of the Corporation Tax Act 1 d)
Capital gains tax measurement basis
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000 0.0000000
0.0409619
0.0409619
0.0409619
1 d) aa) Income included in d) within the meaning of Article 7 Para. 1 and 2 InvStG
0.0399057
0.0399057
0.0399057
1 d) bb) Domestic dividends and taxable domestic real estate income included in d)
0.0010562
0.0010562
0.0010562
0.0000000
0.0000000
0.0000000
0.0368593
0.0368593
0.0368593
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
of which from German REITs 1 d) cc) Foreign dividends, capital gains, gains from writing options and futures transactions included in d) aa) of which from foreign REITs
Allowable/deductible and notional foreign withholding tax 1 f) 1 f) aa) Deductible foreign withholding tax, provided it is not treated as income-related expenses on the fund level 1 f) bb) Deductible withholding tax on foreign income included in aa) within the meaning of Article 3 No. 40 EStG and Article 8b Para. 2 KStG, or in the case of Article 16 InvStG in conjunction with Article 8b Para. 1 KStG Deductible withholding tax on income from foreign REITs included in aa) 1 f) cc) Deductible foreign withholding tax 1 f) dd) Deductible withholding tax on foreign income included in cc) within the meaning of Article 3 No. 40 EStG and Article 8b Para. 2 KStG, or in the case of Article 16 InvStG in conjunction with Article 8b Para. 1 KStG 1 f) ee) Notionally deductible foreign withholding tax
0.0000000
1 f) ff) Notionally deductible withholding tax on foreign income included in ee) within the meaning of Article 3 No. 40 EStG and Article 8b Para. 2 KStG, or in the case of Article 16 InvStG in conjunction with Article 8b Para. 1 KStG 1 g)
Deduction for depreciation or depletion (for real estate)
0.0000000
0.0000000
0.0000000
1 h)
Total withholding tax paid and reimbursed in the financial year Total of the 10% non-deductible income-related expenses (Article 3 Para. 3 Sentence 2 No. 2 InvStG)
-0.0082124
-0.0082124
-0.0082124
0.0011113
0.0011113
0.0011113
1 i)
25 of 70
BlackRock Asset Management Deutschland AG Max-Joseph-Strasse 6 80333 Munich, Germany iShares STOXX Europe Small 200 (DE) ISIN: DE000A0D8QZ7 Bases of taxation pursuant to Article 5 Para. 1, Sentence 1, No. 1 and No. 2 InvStG (German Investment Tax Act) Financial year from 01/05/2013 to 30/04/2014 Ex date of the (interim) distribution: 16/12/2013 Value date: 16.12.2013 Date of dividend resolution: 15.11.2013 Article 5 Para. 1 Sentenc e 1 No. .... InvStG
Private assets
Operating assets Operating assets EStG (German Income Tax KStG (German Corporation Act) Tax Act)
EUR
EUR
EUR
Per unit
Per unit
Per unit
Amount of distribution
0.0594187
0.0594187
0.0594187
of which income equivalent to distributions from previous years
0.0000000
0.0000000
0.0000000
of which non-taxable repayment of principal/capital distributions
0.0000000
0.0000000
0.0000000
Partial accumulation amount/distributable income
0.0010606
0.0010606
0.0010606
of which non-deductible income-related expenses pursuant to Article 3 Para. 3 Sentence 3 No. 2 InvStG
0.0010606
0.0010606
0.0010606
Amount of distributed income
0.0594187
0.0594187
0.0594187
1 c) aa) Income as defined in Article 2 Para. 2 Sentence 1 InvStG in conjunction with No. 40 EStG, or in
0.0604793
0.0000000
1 c) bb) Capital gains within the meaning of Article 3 No. 40 EStG and Article 8b Para. 2 KStG
0.0000000
0.0000000
1 c) cc) Income within the meaning of Article 2 Para. 2a InvStG (interest limit) 1 c) dd) Tax-free old capital gains from securities, subscription rights and futures transactions in private assets (Article 2 III No. 1 Sentence 1 InvStG in the version to be used on 31 December 2008) 1 c) ee) Tax-free old capital gains from subscription rights to bonus shares in companies
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
1a)
2)
1b)
Contained in the distributed income: the case of Article 16 InvStG in conjunction with Article 8b Para. 1 KStG (Capital Gains Tax Act)
1 c) ff) Tax-free profits from the purchase and sale of German and foreign land outside the 10year period 1 c) gg) Income that is tax-exempt on the basis of DTA (in particular foreign rental income and profits from the purchase and sale of foreign land) 1 c) hh) DTA tax-free income included in gg) that is not subject to the progression provision
0.0000000 0.0000000 0.0000000
0.0000000
0.0000000
0.0000000
1 c) ii) Foreign income on which foreign withholding taxes were actually retained or are deemed retained, provided the foreign withholding tax was not treated as income-related expenses at the fund level 1 c) jj) Foreign income included in ii) within the meaning of Article 3 No. 40 EStG and Article 8b Para. 2
0.0109746
0.0109746
0.0109746
0.0109746
0.0000000
Income from foreign REITs included in ii) 1 c) kk) Foreign income on which foreign withholding taxes are considered to have been retained (notional withholding tax) included in ii) 1 c) ll) Foreign income included in kk) within the meaning of Article 3 No. 40 EStG and Article 8b Para. 2
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
InvStG or in the case of Article 16 InvStG in conjunction with Article 8b Para. 1 KStG
InvStG or in the case of Article 16 InvStG in conjunction with Article 8b Para. 1 KStG
1 c) mm)
1 d)
Income as defined in Article 18 Para. 22 Sentence 4 InvStG in conjunction with Article 8b Para. 1 of the Corporation Tax Act Capital gains tax measurement basis
0.0000000
0.0604793
0.0604793
0.0604793
1 d) aa) Income included in d) within the meaning of Article 7 Para. 1 and 2 InvStG
0.0574937
0.0574937
0.0574937
1 d) bb) Domestic dividends and taxable domestic real estate income included in d)
0.0029855
0.0029855
0.0029855
of which from German REITs 1 d) cc) Foreign dividends, capital gains, gains from writing options and futures transactions included in d) aa) of which from foreign REITs
0.0000000
0.0000000
0.0000000
0.0574937
0.0574937
0.0574937
0.0000000
0.0000000
0.0000000
0.0019979
0.0019979
0.0019979
0.0019979
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
1 f) Allowable/deductible and notional foreign withholding tax 1 f) aa) Deductible foreign withholding tax, provided it is not treated as income-related expenses on the fund level 1 f) bb) Deductible withholding tax on foreign income included in aa) within the meaning of Article 3 No. 40 EStG and Article 8b Para. 2 KStG, or in the case of Article 16 InvStG in conjunction with Article 8b Para. 1 KStG Deductible withholding tax on income from foreign REITs included in aa) 1 f) cc) Deductible foreign withholding tax 1 f) dd) Deductible withholding tax on foreign income included in cc) within the meaning of Article 3 No. 40 EStG and Article 8b Para. 2 KStG, or in the case of Article 16 InvStG in conjunction with Article 8b Para. 1 KStG 1 f) ee) Notionally deductible foreign withholding tax 1 f) ff) Notionally deductible withholding tax on foreign income included in ee) within the meaning of Article 3 No. 40 EStG and Article 8b Para. 2 KStG, or in the case of Article 16 InvStG in conjunction with Article 8b Para. 1 KStG
0.0000000
1 g)
Deduction for depreciation or depletion (for real estate)
0.0000000
0.0000000
0.0000000
1 h)
Total withholding tax paid and reimbursed in the financial year Total of the 10% non-deductible income-related expenses (Article 3 Para. 3 Sentence 2 No. 2 InvStG)
-0.0085143
-0.0085143
-0.0085143
0.0010606
0.0010606
0.0010606
1 i)
26 of 70
BlackRock Asset Management Deutschland AG Max-Joseph-Strasse 6 80333 Munich, Germany iShares STOXX Europe Small 200 (DE) ISIN: DE000A0D8QZ7 Bases of taxation pursuant to Article 5 Para. 1, Sentence 1, No. 1 and No. 2 InvStG (German Investment Tax Act) Financial year from 01/05/2013 to 30/04/2014 Ex date of the (interim) distribution: 16/09/2013 Value date: 16.09.2013 Date of dividend resolution: 15.08.2013 Article 5 Para. 1 Sentenc e 1 No. .... InvStG
Private assets
Operating assets Operating assets EStG (German Income Tax KStG (German Corporation Act) Tax Act)
EUR
EUR
EUR
Per unit
Per unit
Per unit
Amount of distribution
0.2517810
0.2517810
0.2517810
of which income equivalent to distributions from previous years
0.0000000
0.0000000
0.0000000
of which non-taxable repayment of principal/capital distributions
0.0000000
0.0000000
0.0000000
Partial accumulation amount/distributable income
0.0010101
0.0010101
0.0010101
of which non-deductible income-related expenses pursuant to Article 3 Para. 3 Sentence 3 No. 2 InvStG
0.0010101
0.0010101
0.0010101
Amount of distributed income
0.2517810
0.2517810
0.2517810
1 c) aa) Income as defined in Article 2 Para. 2 Sentence 1 InvStG in conjunction with No. 40 EStG, or in
0.2487737
0.0000000
1 c) bb) Capital gains within the meaning of Article 3 No. 40 EStG and Article 8b Para. 2 KStG
0.0000000
0.0000000
1 c) cc) Income within the meaning of Article 2 Para. 2a InvStG (interest limit) 1 c) dd) Tax-free old capital gains from securities, subscription rights and futures transactions in private assets (Article 2 III No. 1 Sentence 1 InvStG in the version to be used on 31 December 2008) 1 c) ee) Tax-free old capital gains from subscription rights to bonus shares in companies
0.0000034
0.0000034
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
1a)
2)
1b)
Contained in the distributed income: the case of Article 16 InvStG in conjunction with Article 8b Para. 1 KStG (Capital Gains Tax Act)
1 c) ff) Tax-free profits from the purchase and sale of German and foreign land outside the 10year period 1 c) gg) Income that is tax-exempt on the basis of DTA (in particular foreign rental income and profits from the purchase and sale of foreign land) 1 c) hh) DTA tax-free income included in gg) that is not subject to the progression provision
0.0000000 0.0000000 0.0000000
0.0000000
0.0000000
0.0000000
1 c) ii) Foreign income on which foreign withholding taxes were actually retained or are deemed retained, provided the foreign withholding tax was not treated as income-related expenses at the fund level 1 c) jj) Foreign income included in ii) within the meaning of Article 3 No. 40 EStG and Article 8b Para. 2
0.0892394
0.0892394
0.0892394
0.0892394
0.0000000
Income from foreign REITs included in ii) 1 c) kk) Foreign income on which foreign withholding taxes are considered to have been retained (notional withholding tax) included in ii) 1 c) ll) Foreign income included in kk) within the meaning of Article 3 No. 40 EStG and Article 8b Para. 2
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
InvStG or in the case of Article 16 InvStG in conjunction with Article 8b Para. 1 KStG
InvStG or in the case of Article 16 InvStG in conjunction with Article 8b Para. 1 KStG
1 c) mm)
1 d)
Income as defined in Article 18 Para. 22 Sentence 4 InvStG in conjunction with Article 8b Para. 1 of the Corporation Tax Act Capital gains tax measurement basis
0.0000000
0.2527911
0.2527911
0.2527911
1 d) aa) Income included in d) within the meaning of Article 7 Para. 1 and 2 InvStG
0.2192957
0.2192957
0.2192957
1 d) bb) Domestic dividends and taxable domestic real estate income included in d)
0.0334954
0.0334954
0.0334954
of which from German REITs 1 d) cc) Foreign dividends, capital gains, gains from writing options and futures transactions included in d) aa) of which from foreign REITs
0.0000000
0.0000000
0.0000000
0.2152783
0.2152783
0.2152783
0.0000000
0.0000000
0.0000000
0.0144827
0.0144827
0.0144827
0.0144827
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
1 f) Allowable/deductible and notional foreign withholding tax 1 f) aa) Deductible foreign withholding tax, provided it is not treated as income-related expenses on the fund level 1 f) bb) Deductible withholding tax on foreign income included in aa) within the meaning of Article 3 No. 40 EStG and Article 8b Para. 2 KStG, or in the case of Article 16 InvStG in conjunction with Article 8b Para. 1 KStG Deductible withholding tax on income from foreign REITs included in aa) 1 f) cc) Deductible foreign withholding tax 1 f) dd) Deductible withholding tax on foreign income included in cc) within the meaning of Article 3 No. 40 EStG and Article 8b Para. 2 KStG, or in the case of Article 16 InvStG in conjunction with Article 8b Para. 1 KStG 1 f) ee) Notionally deductible foreign withholding tax 1 f) ff) Notionally deductible withholding tax on foreign income included in ee) within the meaning of Article 3 No. 40 EStG and Article 8b Para. 2 KStG, or in the case of Article 16 InvStG in conjunction with Article 8b Para. 1 KStG
0.0000000
1 g)
Deduction for depreciation or depletion (for real estate)
0.0000000
0.0000000
0.0000000
1 h)
Total withholding tax paid and reimbursed in the financial year Total of the 10% non-deductible income-related expenses (Article 3 Para. 3 Sentence 2 No. 2 InvStG)
0.0077630
0.0077630
0.0077630
0.0010101
0.0010101
0.0010101
1 i)
27 of 70
Annual Report for iShares STOXX Europe Mid 200 UCITS ETF (DE) for the period from 01/05/2013 to 30/04/2014
Fund Management Activity Report Investment objectives and policies The investment fund iShares STOXX Europe Mid 200 UCITS ETF (DE), which operated under the name iShares STOXX Europe Mid 200 (DE) until 19 January 2014, is an exchange-traded index fund (ETF) that tracks the performance of the STOXX® Europe Mid 200 (price index) as closely as possible. This index replicates the equities that occupy places 201 to 400 by market capitalisation of the STOXX® Europe 600 Index. This index, in turn, replicates large, mid and small-cap companies in 18 developed economies of Europe. The product represents market capitalisation based on the current share price and the total number of shares of a company. In order to replicate the index, the investment fund uses a passive investment approach to invest directly in the securities included in the index in accordance with their weighting in the index.
Structure of the investment fund with regard to investment objectives and significant changes during the reporting period The duplication percentage of the fund in comparison with the benchmark index was 99.735% at the end of the reporting period. Inflows during the reporting period were also invested in line with the weighting of the shares in the index. Dividends are accumulated in the fund. The fund may enter into securities lending transactions. iShares STOXX Europe Mid 200 UCITS ETF (DE) is a distributing fund. Income is distributed after expenses have been offset in the course of interim distributions or, as the case may be, six weeks after the end of the financial year. The realised profits and losses are primarily the result of transactions involving bonds that were carried out as a consequence of changes in indices, corporate actions and the redemption of shares. Changes to the index published by the index provider were directly taken into account in the fund.
New inclusions 01.05.2013 24.06.2013 24.06.2013 24.06.2013 24.06.2013 24.06.2013 24.06.2013 24.06.2013 23.09.2013 23.09.2013 23.09.2013 23.09.2013 23.09.2013 23.09.2013 23.09.2013 23.09.2013 23.12.2013 23.12.2013 23.12.2013 23.12.2013 23.12.2013 23.12.2013 23.12.2013 23.12.2013 23.12.2013 23.12.2013 16.01.2014 24.03.2014 24.03.2014 24.03.2014 24.03.2014 24.03.2014 24.03.2014
Partners Group Holding AG Namens-Aktien SF 0.01 Friends Life Group Ltd. Registered Shares (New) o.N. Resolution Ltd. Registered Shares (New) o.N. Commerzbank AG Inhaber-Aktien o.N. Antofagasta PLC Registered Shares LS -,05 Barratt Developments PLC Registered Shares LS 0.10 ProSiebenSat.1 Media AG Vorzugsaktien o.St.o.N. Bank of Ireland (The Gov.&Co.) Reg. Capital Stock EO 0.05 Randgold Resources Ltd. Registered Shares DL -,05 Saipem S.p.A. Azioni nom. EO 1 Smurfit Kappa Group PLC Registered Shares EO 0.001 EasyJet PLC Registered Shares LS-,27285714 Trelleborg AB Namn-Aktier B (fria) SK 25 K+S Aktiengesellschaft Namens-Aktien o.N. London Stock Exchange GroupPLC Reg. Shares LS 0.069186047 Vestas Wind Systems AS Navne-Aktier DK 1 BANKIA S.A. Acciones Nominativas EO 1 Rexel S.A. Actions au Porteur EO 5 CEZ AS Inhaber-Aktien KC 100 United Internet AG Namens-Aktien o.N. OSRAM Licht AG Namens-Aktien o.N. Rightmove PLC (New) Registered Shares LS 0.01 Inchcape PLC Registered Shares LS 0.10 Yara International ASA Navne-Aksjer NK 1.70 Aggreko PLC Registered Shares LS-,13708387 Swedish Match AB Namn-Aktier SK 1.20 Pandora A/S Navne-Aktier DK 1 Alstom S.A. Actions Port. EO 7 CNH Industrial N.V. Aandelen op naam EO 0.01 Hargreaves Lansdown PLC Registered Shares DL-,004 Pirelli & C. S.p.A. Azioni nom. o.N. St. James's Place PLC Registered Shares LS 0.15 Royal Mail PLC Registered Shares LS 0.01
CH0024608827 GG00B62W2327 LU0075646355 DE000CBK1001 GB0000456144 GB0000811801 DE0007771172 IE0030606259 GB00B01C3S32 IT0000068525 IE00B1RR8406 GB00B7KR2P84 SE0000114837 DE000KSAG888 GB00B0SWJX34 DK0010268606 ES0113307021 FR0010451203 CZ0005112300 DE0005089031 DE000LED4000 GB00B2987V85 GB00B61TVQ02 NO0010208051 GB00B4WQ2Z29 SE0000310336 DK0060252690 FR0010220475 NL0010545661 GB00B1VZ0M25 IT0004623051 GB0007669376 GB00BDVZYZ77
28 of 70
Annual Report for iShares STOXX Europe Mid 200 UCITS ETF (DE) for the period from 01/05/2013 to 30/04/2014 Removals 01.05.2013
Beiersdorf AG Inhaber-Aktien o.N.
DE0005200000
24.06.2013
Brenntag AG Namens-Aktien o.N.
DE000A1DAHH0
24.06.2013
Kerry Group PLC Registered Shares A EO 0.125
24.06.2013
AGEAS SA/NV Actions Nominatives o.N.
24.06.2013
Banco Popolare Società Cooper. Azioni nom. o.N.
24.06.2013
Icap PLC Registered Shares LS -,10
GB0033872168
24.06.2013
Balfour Beatty PLC Registered Shares LS -,50
GB0000961622
24.06.2013
Aker Solutions ASA Navne-Aksjer NK 1.66
NO0010215684
23.09.2013
Kabel Deutschland Holding AG Inhaber-Aktien o.N.
DE000KD88880
23.09.2013
ITV PLC Registered Shares LS -,10
GB0033986497
23.09.2013
Adecco S.A. Namens-Aktien SF 1
CH0012138605
23.09.2013
FLSmidth & Co. AS Navne-Aktier B DK 20
23.09.2013
Portugal Telecom SGPS S.A. Acções Nom. EO 0.03
PTPTC0AM0009
23.09.2013
Cairn Energy PLC Registered Shs LS 0.013668639
GB00B74CDH82
23.09.2013
Man Group PLC Reg. Shares DL 0.03428571
GB00B83VD954
23.09.2013
D.E Master Blenders 1753 N.V. Aandelen op naam EO 0.12
18.12.2013
Elan Corp. PLC Registered Shares EO -,05
23.12.2013
Commerzbank AG Inhaber-Aktien o.N.
23.12.2013
KBC Groep N.V. Parts Sociales Port. o.N.
23.12.2013
Kon. KPN N.V. Aandelen aan toonder EO -,04
NL0000009082
23.12.2013
Bouygues S.A. Actions Port. EO 1
FR0000120503
23.12.2013
Premier Oil PLC Registered Shares LS 0.125
23.12.2013
Corio N.V. Aandelen aan toonder EO 10
NL0000288967
23.12.2013
Fresnillo PLC Registered Shares DL -,50
GB00B2QPKJ12
23.12.2013
TGS Nopec Geophysical Co. ASA Navne-Aksjer NK 0.25
23.12.2013
Petroleum Geo-Services AS Navne-Aksjer (new) NK 3
NO0010199151
16.01.2014
Invensys PLC Registered Shares LS 0.125
GB00B979H674
24.03.2014
Banco de Sabadell S.A. Acciones Nom. Serie A EO 0.125
ES0113860A34
24.03.2014
Alcatel-Lucent Actions au Port. (C.R.)EO 0.05
FR0000130007
24.03.2014
Securitas AB Namn-Aktier B (fria) SK 1
SE0000163594
24.03.2014
Koninklijke Vopak N.V. Aandelen aan toonder EO 0.50
NL0009432491
24.03.2014
Bic S.A. Actions Port. EO 3.82
FR0000120966
24.03.2014
CGG S.A. Actions Port. EO 0.40
FR0000120164
IE0004906560 BE0974264930 IT0004231566
DK0010234467
NL0010157558 IE0003072950 DE000CBK1001 BE0003565737
GB00B43G0577
NO0003078800
Material risks and events in the reporting period Market price risk In order to achieve the investment objective of tracking the performance of the STOXX® Europe Mid 200 price index as closely as possible in the reporting period, fund management pursued an exclusively passive investment approach. Accordingly, as part of the fund management activities affecting this investment fund, no risks were actively managed or entered into. Throughout the reporting period, the investment fund was subject to the general and specific market price risk arising from individual securities. Throughout the reporting period, the investment fund implemented the individual selection of securities within the investment universe prescribed by the provider of the index. The investment fund was thus subject to a high market price risk.
Currency risk As prescribed by the index, the investment fund invested in European equities in the reporting period. There was thus a moderate level of risk for EUR investors.
Liquidity risk The assets held in the investment fund were at all times liquid, so that the liquidity risk can be regarded as low.
29 of 70
Annual Report for iShares STOXX Europe Mid 200 UCITS ETF (DE) for the period from 01/05/2013 to 30/04/2014
Operational risk Operational risks for the investment fund are managed using BlackRock Asset Management Deutschland AG’s risk management system. Business areas/processes that are significant for this investment fund and which are outsourced by BlackRock Asset Management Deutschland AG to third parties are subject to an outsourcing control process within BlackRock Asset Management Deutschland AG. This includes the outsourcing of fund accounting to State Street Bank GmbH, Munich, as well as the intragroup outsourcing of the trade management process to BlackRock Investment Management (UK) Limited, London. Processes that are material to this investment fund and its related operational risks are subject to a process of regularly identifying, analysing and monitoring operational risks. If operational risks materialise, these events are recorded immediately in a risk database for appropriate documentation and analysis and steps are initiated and taken to minimise the operational risks. With events that affect the investment fund, the company generally compensates for any losses incurred.
30 of 70
Annual Report for iShares STOXX Europe Mid 200 UCITS ETF (DE) for the period from 01/05/2013 to 30/04/2014
Statement of assets and liabilities as at 30/04/2014 Market value
% of fund
in EUR
assets7)
I. Assets
271,579,584.67
101.28
1. Shares
266,898,603.19
99.53
7,970,407.97 11,384,920.98 15,724,916.04 7,924,219.83 34,072,734.09 74,873,545.21 1,462,791.26 3,358,903.49 15,289,857.10 2,789,028.69 1,153,247.61 14,717,645.29 5,439,335.12 4.044.944,03 4.389.260.20 18,046,309.14 22,371,607.66 20,871,365.00 1,013,564.48
2,97 4,25 5,86 2,96 12,71 27,92 0.55 1,25 5,70 1,04 0.43 5,49 2,03 1,51 1,64 6,73 8,34 7,78 0.38
4,420,818.85
1.65
250,885.64
0.09
Belgium Denmark Germany Finland France United Kingdom (UK) Guernsey Ireland Italy Jersey Luxembourg Netherlands Norway Austria Portugal Sweden Switzerland Spain Czech Republic 2, Receivables 3, Bank accounts 4, Other assets
9,276.99
0.00
II, Liabilities
-3,423,555.09
-1.28
Liabilities arising from loans Other liabilities
-641,451,54 -2,782,103,55
-0.24 -1,04
268,156,029.58
100.00
III, Fund assets 7) Rounding of percentages during the calculation may result in slight rounding differences,
31 of 70
Annual Report for iShares STOXX Europe Mid 200 UCITS ETF (DE) for the period from 01/05/2013 to 30/04/2014
Statement of net assets as at 30/04/2014
Designation of class of security
ISIN
Marke t
Units. shares or currency in 1.000s
As at Purchases/ Sales/ 30 April 2014 Additions Disposals in the reporting period
Price
Securities Exchange-traded securities Shares 3i Group PLC Registered Shares LS 0.738636
Market value in EUR
% of fund 8) assets
266,898,603.19
99.53
266,898,603.19
99.53
265,435,731.95
98.99
GB00B1YW4409
UNITS
273,631
144,142
59,412 GBP
3.798
1,265,607.41
0.47
Aberdeen Asset Management PLC Registered Shares LS -.10 Abertis Infraestructuras S,A, Acciones Nom, EO 3
GB0000031285
UNITS
340.286
179,259
73,889 GBP
4.368
1,810.112.06
0.68
ES0111845014
UNITS
103,001
62,612
27,747 EUR
16.205
1,669,131.21
0.62
ACCOR S,A, Actions Port, EO 3
FR0000120404
UNITS
50.884
26,807
11,050 EUR
35.240
1,793,152.16
0.67
ACS. Act.de Constr.y Serv, SA Acciones Port, EO 0.50 ES0167050915
UNITS
49,250
30.097
11,003 EUR
30.875
1,520.593.75
0.57
Actelion Ltd, Nam,-Aktien SF 0.50
CH0010532478
UNITS
31,312
16,598
7,646 CHF
86.450
2,217,358.22
0.83
Admiral Group PLC Registered Shares LS -.001
GB00B02J6398
UNITS
59,287
31,792
12,718 GBP
13.980
1,009,358.39
0.38
Aggreko PLC Registered Shares LS-.13708387
GB00B4WQ2Z29
UNITS
75,946
80.655
4,709 GBP
15.770
1,458,529.94
0.54
Alfa Laval AB Namn-Aktier SK 2,5
SE0000695876
UNITS
88,559
46,939
19,517 SEK
172.500
1,690.618.03
0.63
Alstom S,A, Actions Port, EO 7
FR0010220475
UNITS
61,267
63,337
2,070 EUR
29.520
1,808,601.84
0.67
AMEC PLC Registered Shares LS -.50
GB0000282623
UNITS
86,463
45,549
18,777 GBP
12.350
1,300.397.15
0.48
Amlin PLC Registered Shares LS 0.28125
GB00B2988H17
UNITS
142,565
75,103
30.957 GBP
4.477
777,282.28
0.29
Andritz AG Inhaber-Aktien o.N.
AT0000730007
UNITS
21,139
11,201
4,333 EUR
44.735
945,653.17
0.35
Antofagasta PLC Registered Shares LS -.05
GB0000456144
UNITS
110.151
127,461
17,310 GBP
7.870
1,055,703.42
0.39
Arkema S,A, Actions au Porteur EO 10
FR0010313833
UNITS
16,646
9,347
4,255 EUR
80.370
1,337,839.02
0.50
Aryzta AG Namens-Aktien SF 0.02
CH0043238366
UNITS
26,069
13,730
5,658 CHF
81.250
1,735,033.23
0.65
Ashtead Group PLC Registered Shares LS 0.10
GB0000536739
UNITS
142,923
75,291
31,028 GBP
8.745
1,522,091.25
0.57
Atlantia S.p.A, Azioni Nom, EO 1
IT0003506190
UNITS
115,785
73,432
20.231 EUR
18.750
2,170.968.75
0.81
Atos S,A, Actions au Porteur EO 1
FR0000051732
UNITS
21,659
14,449
3,473 EUR
62.230
1,347,839.57
0.50
Aéroports de Paris S,A, Actions au Port, EO 3
FR0010340141
UNITS
9,381
5,253
2,013 EUR
89.630
840.819.03
0.31
Babcock International Grp PLC Anrechte
GB00BKS8RN78
UNITS
40.673
40.673
- GBP
4.000
198,127.59
0.07
Babcock International Grp PLC Registered Shares LS - GB0009697037 .60 Bank of Ireland (The Gov,,Co,) Reg, Capital Stock EO IE0030606259 0.05 BANKIA S,A, Acciones Nominativas EO 1 ES0113307021
UNITS
100.969
53,893
23,545 GBP
11.940
1,468,152.38
0.55
UNITS
5,600.234
6,364,717
764,483 EUR
0.283
1,584,866.22
0.59
UNITS
1,033,753
1,140.090
106,337 EUR
1.469
1,518,583.16
0.57
Barratt Developments PLC Registered Shares LS 0.10 GB0000811801
UNITS
276,856
320.389
43,533 GBP
3.695
1,245,796.58
0.46
Bco Pop, Esp, SA (POPULARBAN) Acciones Nom, EO - ES0113790226 0.50 BELGACOM S,A, Actions au Porteur o.N. BE0003810273
UNITS
531,681
606,993
75,312 EUR
5.300
2,817,909.30
1.05
UNITS
38,865
20.475
8,439 EUR
22.060
857,361.90
0.32
Berkeley Group Holdings PLC Reg.Ordinary Shares 0.05 Bilfinger SE Inhaber-Aktien o.N.
GB00B02L3W35
UNITS
36,367
20.174
10.242 GBP
22.940
1,015,967.09
0.38
DE0005909006
UNITS
13,069
8,060
2,659 EUR
85.630
1,119,098.47
0.42
Boliden AB Namn-Aktier SK 2
SE0000869646
UNITS
77,664
41,073
17,024 SEK
98.800
849,181.24
0.32
Bunzl PLC Registered Shares LS -.3214857
GB00B0744B38
UNITS
94,702
49,642
19,659 GBP
16.810
1,938,677.70
0.72
Bureau Veritas SA Actions au Porteur EO 0.12
FR0006174348
UNITS
60.143
60.634
10.871 EUR
22.000
1,323,146.00
0.49
Bâloise Holding AG Namens-Aktien SF 0.10
CH0012410517
UNITS
14,196
7,478
3,083 CHF
107.000
1,244,256.23
0.46
Caixabank S,A, Acciones Port, EO 1
ES0140609019
UNITS
501,084
347,086
76,676 EUR
4.390
2,199,758.76
0.82
Carnival PLC Registered Shares DL 1,66
GB0031215220
UNITS
51,866
27,319
11,258 GBP
23.660
1,494,432.30
0.56
Casino Guichard-Perrachon S,A, Actions Port, EO 1,53 FR0000125585
UNITS
16,018
8,437
3,477 EUR
91.750
1,469,651.50
0.55
CEZ AS Inhaber-Aktien KC 100
CZ0005112300
UNITS
46,790
49,693
2,903 CZK
595.000
1,013,564.48
0.38
Chocoladef, Lindt , Sprüngli vink,Namens-Aktien SF 100 CH0010570759
UNITS
32
14
3 CHF
51,330.000
1,345,492.55
0.50
Christian Hansen Holding AS Navne-Aktier DK 10
DK0060227585
UNITS
28,389
14,952
6,163 DKK
242.500
922,355.15
0.34
Clariant AG Namens-Aktien SF 3,70
CH0012142631
UNITS
81,716
57,887
31,235 CHF
17.320
1,159,351.27
0.43
CNH Industrial N,V, Aandelen op naam EO 0.01
NL0010545661
UNITS
165,001
170.571
5,570 EUR
8.400
1,386,008.40
0.52
Cobham PLC Registered Shares LS 0.025
GB00B07KD360
UNITS
305,959
161,177
66,436 GBP
3.087
1,150.213.90
0.43
Coca-Cola HBC AG Nam,-Aktien SF 6,70
CH0198251305
UNITS
55,744
123,460
67,716 GBP
14.980
1,016,924.46
0.38
Coloplast AS Navne-Aktier B DK 1
DK0060448595
UNITS
34,219
18,021
7,425 DKK
451.400
2,069,498.93
0.77
Croda International PLC Registered Shares LS -.10
GB0002335270
UNITS
39,740
20.939
8,633 GBP
25.760
1,246,672.77
0.46
32 of 70
Annual Report for iShares STOXX Europe Mid 200 UCITS ETF (DE) for the period from 01/05/2013 to 30/04/2014 Units. shares or currency in 1.000s
Price
Market value in EUR
% of fund 8) assets
55,313 GBP
3.150
1,011,509.09
0.38
4,020 EUR
88.630
1,641,959.38
0.61
15,253
6,039 EUR
53.540
1,557,585.68
0.58
28,953
15,252
6,286 GBP
27.200
959,049.95
0.36
UNITS
65,001
34,245
14,118 EUR
18.080
1,175,218.08
0.44
UNITS
167,438
90.683
43,854 EUR
6.438
1,077,965.84
0.40
GB00B1VNSX38
UNITS
114,029
60.073
24,764 GBP
6.620
919,288.98
0.34
DK0060079531
UNITS
51,111
27,040
12,782 DKK
179.500
1,229,179.10
0.46
EasyJet PLC Registered Shares LS-.27285714
GB00B7KR2P84
UNITS
57,251
66,264
9,013 GBP
16.370
1,141,328.09
0.43
Edenred S,A, Actions Port, EO 2
FR0010908533
UNITS
57,407
33,827
11,489 EUR
24.310
1,395,564.17
0.52
EDP - Energias de Portugal SA Acções Nom, EO 1
PTEDP0AM0009
UNITS
681,937
368,359
139,062 EUR
3.500
2,386,779.50
0.89
Electricité de France (E,D,F,) Actions au Porteur EO 0.50 Electrolux. AB Namn-Aktier B o.N.
FR0010242511
UNITS
79,534
41,898
17,271 EUR
27.645
2,198,717.43
0.82
SE0000103814
UNITS
66,860
35,430
14,726 SEK
180.200
1,333,352.11
0.50
SE0000163628
UNITS
104,652
55,466
23,060 SEK
91.000
1,053,932.07
0.39
Elisa Oyj Bearer Shares Class A o.N.
FI0009007884
UNITS
42,486
23,620
8,483 EUR
21.530
914,723.58
0.34
Enagas S,A, Acciones Port, EO 1,50
ES0130960018
UNITS
55,338
19,018
3,458 EUR
22.200
1,228,503.60
0.46
Enel Green Power S,P,A, Azioni nom, EO -0.20
IT0004618465
UNITS
437,709
230.266
95,046 EUR
2.060
901,680.54
0.34
Eutelsat Communications Actions Port, EO 1
FR0010221234
UNITS
38,511
20.862
7,766 EUR
24.730
952,377.03
0.36
Ferrovial S,A, Acciones Port, EO 0.20
ES0118900010
UNITS
122,780
68,709
26,276 EUR
16.000
1,964,480.00
0.73
Fiat S.p.A, Azioni nom, EO 3,58
IT0001976403
UNITS
246,958
130.096
53,626 EUR
8.680
2,143,595.44
0.80
Friends Life Group Ltd, Registered Shares (New) o.N.
GG00B62W2327
UNITS
402,671
465,983
63,312 GBP
2.983
1,462,791.26
0.55
Fugro N,V, Aandelen op naam EO 0.05
NL0000352565
UNITS
21,428
13,567
5,973 EUR
47.715
1,022,437.02
0.38
G4S PLC Registered Shares LS -.25
GB00B01FLG62
UNITS
440.574
253,875
89,359 GBP
2.360
1,266,221.31
0.47
Galenica AG Nam,-Akt, SF 0.10
CH0015536466
UNITS
1,376
758
269 CHF
895.000
1,008,791.75
0.38
Galp Energia SGPS S,A, Acções Nominativas EO 1
PTGAL0AM0009
UNITS
90.231
69,959
19,515 EUR
12.485
1,126,534.04
0.42
Gas Natural SDG S,A, Acciones Port, EO 1
ES0116870314
UNITS
99,626
57,095
19,013 EUR
20.665
2,058,771.29
0.77
GEA Group AG Inhaber-Aktien o.N.
DE0006602006
UNITS
50.150
26,421
10.892 EUR
32.245
1,617,086.75
0.60
NL0000400653
UNITS
22,886
12,058
4,971 EUR
80.700
1,846,900.20
0.69
Getinge AB Namn-Aktier B (fria) SK 2
SE0000202624
UNITS
55,436
29,391
12,225 SEK
191.100
1,172,401.24
0.44
GKN PLC Registered Shares LS -.10
GB0030646508
UNITS
471,505
248,383
102,382 GBP
3.840
2,204,937.47
0.82
Marke t
As at Purchases/ Sales/ 30 April 2014 Additions Disposals in the reporting period
Designation of class of security
ISIN
D S Smith PLC Registered Shares LS 0.10
GB0008220112
UNITS
263,682
138,773
Dassault Systèmes S,A, Actions Port, EO 0.50
FR0000130650
UNITS
18,526
9,757
Delhaize Group S,A, Actions au Porteur o.N.
BE0003562700
UNITS
29,092
Derwent London PLC Registered Shares LS 0.05
GB0002652740
UNITS
Deutsche Lufthansa AG vink,Namens-Aktien o.N.
DE0008232125
Distribuidora Intl de Alim,SA Acciones Port, EO 0.10
ES0126775032
Drax Group PLC Registered Shares LS 0.1155172 DSV A/S Indehaver Bonus-Aktier DK 1
Elekta AB Namn-Aktier B SK 2
Gemalto N,V, Aandelen EO 1
9)
9)
9)
ES0171996012
UNITS
42,613
22,442
9,249 EUR
38.500
1,640.600.50
0.61
Groupe Eurotunnel S,A, Actions Port, EO 0.40
FR0010533075
UNITS
131,997
69,541
28,668 EUR
9.669
1,276,278.99
0.48
Grpe Bruxelles Lambert SA(GBL) Actions au Porteur o.N. Hammerson PLC Registered Shares LS -.25
BE0003797140
UNITS
22,907
12,071
4,979 EUR
72.870
1,669,233.09
0.62
GB0004065016
UNITS
200.915
105,841
43,628 GBP
5.705
1,395,875.75
0.52
Hannover Rück SE Namens-Aktien o.N.
DE0008402215
UNITS
17,047
8,981
3,702 EUR
67.110
1,144,024.17
0.43
Hargreaves Lansdown PLC Registered Shares DL-.004 GB00B1VZ0M25
UNITS
67,530
67,986
456 GBP
11.700
962,191.16
0.36
Heineken Holding N,V, Aandelen aan toonder EO 1,60 NL0000008977
UNITS
27,788
14,639
6,036 EUR
46.000
1,278,248.00
0.48
Hexagon AB Namn-Aktier B (fria) SK 1,333
SE0000103699
UNITS
68,852
36,585
14,417 SEK
207.200
1,578,810.50
0.59
Iliad S,A, Actions au Porteur o.N.
FR0004035913
UNITS
6,620
3,752
1,284 EUR
194.500
1,287,590.00
0.48
IMI PLC Registered Shares LS -0.2857
GB00BGLP8L22
UNITS
78,110
81,353
3,243 GBP
15.000
1,426,844.51
0.53
Immofinanz AG Inhaber-Aktien o.N.
AT0000809058
UNITS
270.879
142,702
58,823 EUR
2.672
723,788.69
0.27
Inchcape PLC Registered Shares LS 0.10
GB00B61TVQ02
UNITS
120.748
129,943
9,195 GBP
6.410
942,576.76
0.35
Industrivärden AB Namn-Aktier A (fria) o.N.
SE0000190126
UNITS
54,729
28,970
12,022 SEK
145.600
881,865.97
0.33
Informa PLC Registered Shares LS 0.001
JE00B3WJHK45
UNITS
170.649
89,896
37,054 GBP
4.823
1,002,304.69
0.37
Inmarsat PLC Registered Shares EO 0.0005
Grifols S,A, Acciones Port, Class A EO 0.50
GB00B09LSH68
UNITS
127,359
67,089
27,653 GBP
7.280
1,129,119.14
0.42
InterContinental Hotels Group Reg, Shares LS GB00B85KYF37 .14589665 Internat, Cons, Airl, Group SA Acciones Nom, EO -0.50 ES0177542018
UNITS
76,518
40.310
16,615 GBP
20.180
1,880.457.50
0.70
UNITS
289,699
166,718
58,809 GBP
4.041
1,425,655.51
0.53
Intertek Group PLC Registered Shares LS -.01
GB0031638363
UNITS
45,803
24,102
9,541 GBP
29.060
1,620.945.02
0.60
Intu Properties PLC Registered Shares LS -.50
GB0006834344
UNITS
248,179
171,102
40.478 GBP
2.920
882,524.22
0.33
Investec PLC Registered Shares LS 0.0002
GB00B17BBQ50
UNITS
147,546
77,728
32,040 GBP
5.215
937,045.12
0.35
Investment AB Kinnevik Namn-Aktier B SK 0.10
SE0000164626
UNITS
66,842
36,659
14,607 SEK
228.500
1,690.282.65
0.63
33 of 70
Annual Report for iShares STOXX Europe Mid 200 UCITS ETF (DE) for the period from 01/05/2013 to 30/04/2014 Marke t
Units. shares or currency in 1.000s
As at Purchases/ Sales/ 30 April 2014 Additions Disposals in the reporting period
Designation of class of security
ISIN
Jerónimo Martins. SGPS. S,A, Acções Port, EO 1
PTJMT0AE0001
UNITS
69,492
41,313
13,886 EUR
John Wood Group PLC Registered Shares LS.04285714
GB00B5N0P849
UNITS
105,963
55,830
23,018 GBP
9)
Market value in EUR
% of fund 8) assets
12.605
875,946.66
0.33
7.835
1,011,048.52
0.38
Price
DE000KSAG888
UNITS
48,976
56,683
7,707 EUR
25.205
1,234,440.08
0.46
Klépierre S,A, Actions Port, EO 1.40
FR0000121964
UNITS
27,225
14,339
5,910 EUR
33.045
899,650.13
0.34
Kon, Boskalis Westminster N,V, Cert,v,Aandelen EO 0.80 Kühne , Nagel Internat, AG Namens-Aktien SF 1
NL0000852580
UNITS
22,581
12,283
4,864 EUR
40.830
921,982.23
0.34
CH0025238863
UNITS
15,927
8,382
3,452 CHF
120.200
1,568,189.36
0.58
Lagardère S,C,A, Actions Nom, EO 6.10
FR0000130213
UNITS
28,891
15,219
6,273 EUR
30.175
871,785.93
0.33
LANXESS AG Inhaber-Aktien o.N.
DE0005470405
UNITS
23,627
12,442
5,125 EUR
54.800
1,294,759.60
0.48
London Stock Exchange GroupPLC Reg, Shares LS 0.069186047 Lonza Group AG Namens-Aktien SF 1
GB00B0SWJX34
UNITS
49,234
56,976
7,742 GBP
18.120
1,086,430.79
0.41
CH0013841017
UNITS
15,028
8,528
3,026 CHF
91.950
1,131,912.81
0.42
Lundin Petroleum AB Namn-Aktier SK 0.01
SE0000825820
UNITS
68,336
36,219
15,058 SEK
138.900
1,050.450.26
0.39
Luxottica Group S.p.A, Azioni nom, EO 0.06
IT0001479374
UNITS
45,085
23,751
9,789 EUR
41.270
1,860.657.95
0.69
MAN SE Inhaber-Stammaktien o.N.
DE0005937007
UNITS
9,996
5,266
2,170 EUR
92.370
923,330.52
0.34
Mediobanca - Bca Cred,Fin, SpA Azioni nom, EO 0.50
IT0000062957
UNITS
171,027
102,795
31,188 EUR
7.980
1,364,795.46
0.51
Meggitt PLC Registered Shares LS -.05
GB0005758098
K+S Aktiengesellschaft Namens-Aktien o.N.
UNITS
225,926
120.644
48,594 GBP
4.767
1,311,565.90
0.49
Melrose Industries PLC Reg, Shares New LS 0.0011818 GB00BHY3ZD12
UNITS
304,327
316,968
12,641 GBP
2.855
1,058,096.68
0.39
METRO AG Inhaber-Stammaktien o.N.
DE0007257503
UNITS
40.723
21,451
8,841 EUR
28.800
1,172,822.40
0.44
Metso Corp, Registered Shares o.N.
FI0009007835
UNITS
37,953
20.115
8,362 EUR
28.880
1,096,082.64
0.41
Mondi PLC Registered Shares EO 0.20
GB00B1CRLC47
UNITS
104,277
54,928
22,639 GBP
9.825
1,247,670.31
0.47
MTU Aero Engines AG Namens-Aktien o.N.
DE000A0D9PT0
UNITS
14,763
7,774
3,204 EUR
67.830
1,001,374.29
0.37
Natixis S,A, Actions Port, EO 1.60
FR0000120685
UNITS
242,787
127,898
52,720 EUR
5.117
1,242,341.08
0.46
Nokian Renkaat Oyj Registered Shares EO 0.2
FI0009005318
UNITS
37,847
19,973
7,974 EUR
28.620
1,083,181.14
0.40
Norsk Hydro ASA Navne-Aksjer NK 1.098
NO0005052605
UNITS
386,217
271,185
64,231 NOK
31.810
1,487,639.93
0.55
Novozymes A/S Navne-Aktier B DK 2
DK0060336014
UNITS
60.572
31,973
14,051 DKK
257.700
2,091,330.49
0.78
OMV AG Inhaber-Aktien o.N.
AT0000743059
UNITS
40.518
21,344
8,797 EUR
33.715
1,366,064.37
0.51
Orkla AS Navne-Aksjer NK 1.25
NO0003733800
UNITS
220.729
119,922
56,354 NOK
49.090
1,312,064.54
0.49
OSRAM Licht AG Namens-Aktien o.N.
DE000LED4000
UNITS
24,670
26,203
1,533 EUR
37.730
930.799.10
0.35
Paddy Power PLC Registered Shares EO 0.10
IE0002588105
UNITS
13,248
7,148
2,998 EUR
55.600
736,588.80
0.27
Pandora A/S Navne-Aktier DK 1
DK0060252690
UNITS
30.459
32,370
1,911 DKK
361.900
1,476,864.19
0.55
Partners Group Holding AG Namens-Aktien SF 0.01
CH0024608827
UNITS
5,304
6,455
1,151 CHF
240.800
1,046,212.86
0.39
Pennon Group PLC Registered Shares New LS -.407
GB00B18V8630
UNITS
105,583
56,531
22,662 GBP
7.575
973,992.00
0.36
Persimmon PLC Registered Shares LS 0.10
GB0006825383
UNITS
85,920
45,260
18,655 GBP
13.120
1,372,798.68
0.51
Petrofac Ltd, Registered Shares DL -.02
GB00B0H2K534
UNITS
71,681
37,677
15,413 GBP
14.530
1,268,377.18
0.47
Pirelli , C, S.p.A, Azioni nom, o.N.
IT0004623051
UNITS
90.280
93,326
3,046 EUR
12.080
1,090.582.40
0.41
ProSiebenSat,1 Media AG Namens-Aktien o.N.
DE000PSM7770
UNITS
62,128
69,251
7,123 EUR
31.515
1,957,963.92
0.73
Prysmian S.p.A, Azioni nom, EO 0.10
IT0004176001
UNITS
57,096
30.081
12,401 EUR
18.740
1,069,979.04
0.40
PSP Swiss Property AG Nam,-Aktien SF 0.10
CH0018294154
UNITS
11,534
6,281
2,345 CHF
84.500
798,356.21
0.30
Qiagen N,V, Aandelen aan toonder EO -0.01
NL0000240000
UNITS
67,827
35,696
14,203 EUR
15.800
1,071,666.60
0.40
Randgold Resources Ltd, Registered Shares DL -.05
GB00B01C3S32
UNITS
26,123
30.233
4,110 GBP
47.800
1,520.651.51
0.57
Randstad Holding N,V, Aandelen aan toonder EO 0.10 NL0000379121
UNITS
33,047
17,639
6,750 EUR
41.905
1,384,834.54
0.52
Red Electrica Corporacion S,A, Acciones Port, EO 2
ES0173093115
UNITS
29,511
10.141
1,843 EUR
59.280
1,749,412.08
0.65
Rentokil Initial PLC Registered Shares LS 0.01
GB00B082RF11
UNITS
515,322
271,093
111,897 GBP
1.189
746,172.59
0.28
Rexam PLC Reg, Shares LS -.714285714
GB00B943Z359
UNITS
223,988
117,993
48,635 GBP
4.960
1,352,960.69
0.50
Rexel S,A, Actions au Porteur EO 5
FR0010451203
UNITS
67,070
70.589
3,519 EUR
18.200
1,220.674.00
0.46
Rightmove PLC (New) Registered Shares LS 0.01
GB00B2987V85
UNITS
29,245
31,548
2,303 GBP
24.100
858,316.42
0.32
Rotork PLC Registered Shares LS 0.05
GB0007506958
UNITS
24,560
12,935
5,331 GBP
25.910
774,951.51
0.29
Royal Mail PLC Registered Shares LS 0.01
GB00BDVZYZ77
UNITS
146,406
151,347
4,941 GBP
5.295
944,068.68
0.35
RSA Insurance Group PLC Registered Shares LS -.275 GB0006616899
UNITS
1,427,509
959,891
237,579 GBP
0.982
1,706,270.60
0.64
Sage Group PLC. The Registered Shares LS 0.01051948 Sainsbury PLC. J, Registered Shs LS -.28571428
GB00B8C3BL03
UNITS
316,376
378,357
61,981 GBP
4.264
1,642,855.92
0.61
GB00B019KW72
UNITS
395,918
208,569
85,972 GBP
3.357
1,618,584.36
0.60
Saipem S.p.A, Azioni nom, EO 1
IT0000068525
UNITS
71,503
82,760
11,257 EUR
19.300
1,380.007.90
0.51
34 of 70
Annual Report for iShares STOXX Europe Mid 200 UCITS ETF (DE) for the period from 01/05/2013 to 30/04/2014 Marke t
Units. shares or currency in 1.000s
Market value in EUR
% of fund 8) assets
13.165
674,284.97
0.25
197.000
1,691,221.56
0.63
341.400
925,469.66
0.35
7,903 GBP
25.560
1,133,246.78
0.42
26,696
10.999 EUR
26.305
1,333,400.45
0.50
110.784
45,727 GBP
3.499
897,368.36
0.33
74,250
30.602 GBP
3.401
583,810.68
0.22
35,608
14,675 GBP
18.450
1,518,919.18
0.57
315
126 CHF
3,559.000
1,781,267.94
0.66
62,323
28,543 SEK
148.700
1,786,061.75
0.67
58,641
24,170 GBP
13.350
1,809,810.96
0.67
74,884
10.185 EUR
16.035
1,037,448.47
0.39
14,804
8,268
3,006 CHF
127.000
1,540.078.48
0.57
33,657
17,963
7,288 GBP
22.250
911,977.60
0.34
As at Purchases/ Sales/ 30 April 2014 Additions Disposals in the reporting period
Designation of class of security
ISIN
SBM Offshore N,V, Aandelen op naam EO 0.25
NL0000360618
UNITS
51,218
26,988
11,125 EUR
Scania (publ). AB Namn-Aktier B SK 1
SE0000308280
UNITS
77,573
41,111
17,092 SEK
Schibsted ASA Navne-Aksjer NK 1
NO0003028904
UNITS
22,387
11,788
4,856 NOK
Schroders PLC Registered Shares LS 1
GB0002405495
UNITS
36,407
19,175
SCOR SE Act.au Porteur EO 7.8769723
FR0010411983
UNITS
50.690
Segro PLC Registered Shares LS 0.10
GB00B5ZN1N88
UNITS
210.595
Serco Group PLC Registered Shares LS -.02
GB0007973794
UNITS
140.957
Severn Trent PLC Registered Shares LS -.9789
GB00B1FH8J72
UNITS
67,602
Sika AG Inhaber-Aktien SF 0.60
CH0000587979
UNITS
611
Skanska AB Namn-Aktier B (fria) SK 3
SE0000113250
UNITS
108,533
Smiths Group PLC Registered Shares LS -.375
GB00B1WY2338
UNITS
111,320
Smurfit Kappa Group PLC Registered Shares EO 0.001 IE00B1RR8406
UNITS
64,699
Sonova Holding AG Namens-Aktien SF 0.05
CH0012549785
UNITS
Spectris PLC Registered Shares LS 0.05
GB0003308607
UNITS
St, James's Place PLC Registered Shares LS 0.15
Price
GB0007669376
UNITS
145,422
150.332
4,910 GBP
7.700
1,363,639.55
0.51
STMicroelectronics N,V, Aandelen aan toonder EO 1,04 NL0000226223
UNITS
187,296
98,665
40.668 EUR
6.890
1,290.469.44
0.48
Stora Enso Oyj Reg, Shares Cl,R EO 1.70
FI0009005961
UNITS
162,073
85,901
35,716 EUR
7.345
1,190.426.19
0.44
Subsea 7 S,A, Registered Shares DL 2
LU0075646355
UNITS
80.101
92,707
12,606 NOK
118.900
1,153,247.61
0.43
SUEZ ENVIRONNEMENT CO, S,A, Actions Port, EO 4 FR0010613471
UNITS
82,508
48,158
17,464 EUR
14.150
1,167,488.20
0.44
Sulzer AG Namens-Aktien SF 0.01
CH0038388911
UNITS
6,694
3,521
1,448 CHF
135.400
742,445.24
0.28
Swedish Match AB Namn-Aktier SK 1.20
SE0000310336
UNITS
57,359
60.916
3,557 SEK
222.900
1,414,931.23
0.53
Swiss Life Holding AG Namens-Aktien SF 5.10
CH0014852781
UNITS
8,653
5,007
1,740 CHF
216.200
1,532,436.36
0.57
Swiss Prime Site AG Nam,-Aktien SF 15.3
CH0008038389
UNITS
17,179
9,044
3,588 CHF
73.950
1,040.629.45
0.39
Symrise AG Inhaber-Aktien o.N.
DE000SYM9999
UNITS
31,541
16,617
6,851 EUR
36.375
1,147,303.88
0.43
Tate , Lyle PLC Registered Shares LS -.25
GB0008754136
UNITS
132,497
69,795
28,767 GBP
7.010
1,131,104.72
0.42
Taylor Wimpey PLC Registered Shares LS 0.01
GB0008782301
UNITS
917,319
483,247
199,198 GBP
1.051
1,174,091.26
0.44
TDC A/S Navne-Aktier DK 1
DK0060228559
UNITS
230.567
148,987
43,365 DKK
50.500
1,560.000.95
0.58
Tele2 AB Namn-Aktier B SK 0.625
SE0005190238
UNITS
86,737
105,720
18,983 SEK
83.000
796,720.85
0.30
Terna S.p.A, Azioni nom, EO -0.22
IT0003242622
UNITS
397,711
227,709
84,631 EUR
3.900
1,551,072.90
0.58
THALES S,A, Actions Port, (C,R,) EO 3
FR0000121329
UNITS
27,009
14,223
5,859 EUR
45.850
1,238,362.65
0.46
TNT Express N,V, Aandelen op naam EO 0.08
NL0009739424
UNITS
131,207
80.033
23,377 EUR
6.490
851,533.43
0.32
Travis Perkins PLC Registered Shares LS 0..10
GB0007739609
UNITS
70.074
36,786
14,526 GBP
17.050
1,454,990.12
0.54
Trelleborg AB Namn-Aktier B (fria) SK 25
SE0000114837
UNITS
68,877
79,719
10.842 SEK
138.600
1,056,479.68
0.39
UCB S,A, Actions Nom, o.N.
BE0003739530
UNITS
33,219
20.492
6,582 EUR
59.090
1,962,910.71
0.73
Umicore S,A, Actions Nom, New o.N.
BE0003884047
UNITS
31,166
16,841
7,742 EUR
35.325
1,100.938.95
0.41
Unione di Banche Italiane ScpA Azioni nom, EO 2.50
IT0003487029
UNITS
256,052
134,886
55,598 EUR
6.860
1,756,516.72
0.66
United Internet AG Namens-Aktien o.N.
DE0005089031
UNITS
32,537
34,558
2,021 EUR
30.940
1,006,694.78
0.38
UPM Kymmene Corp, Bearer Shares o.N.
FI0009005987
UNITS
149,301
79,134
32,903 EUR
12.600
1,881,192.60
0.70
Vallourec S,A, Actions Port, EO 2
FR0000120354
UNITS
33,808
18,042
7,252 EUR
42.605
1,440.389.84
0.54
Valéo S,A, Actions Port, EO 3
FR0000130338
UNITS
20.486
10.783
4,439 EUR
98.740
2,022,787.64
0.75
Veolia Environnement S,A, Actions au Porteur EO 5
FR0000124141
UNITS
124,044
69,515
26,545 EUR
13.440
1,667,151.36
0.62
Vestas Wind Systems AS Navne-Aktier DK 1
DK0010268606
UNITS
63,627
72,477
8,850 DKK
238.800
2,035,692.17
0.76
voestalpine AG Inhaber-Aktien o.N.
AT0000937503
UNITS
30.682
16,160
6,660 EUR
32.900
1,009,437.80
0.38
Wartsila Corp, Reg, Shares o.N.
FI0009003727
UNITS
43,812
23,218
9,653 EUR
40.140
1,758,613.68
0.66
Weir Group PLC. The Registered Shares LS -.125
GB0009465807
UNITS
60.362
31,800
13,108 GBP
26.900
1,977,400.56
0.74
Wendel S,A, Actions Port, EO 4
FR0000121204
UNITS
8,996
4,818
2,160 EUR
108.550
976,515.80
0.36
Whitbread PLC Reg, Shares LS -.76797385
GB00B1KJJ408
UNITS
50.532
26,613
10.965 GBP
40.800
2,510.761.16
0.94
William Hill PLC Registered Shares LS -.10
GB0031698896
UNITS
245,696
129,433
53,351 GBP
3.547
1,061,299.66
0.40
Wolters Kluwer N,V, Aandelen op naam EO 0.12
NL0000395903
UNITS
85,658
45,125
18,600 EUR
20.070
1,719,156.06
0.64
Yara International ASA Navne-Aksjer NK 1.70
NO0010208051
UNITS
50.450
53,583
3,133 NOK
280.600
1,714,160.99
0.64
Ziggo N.V, Registered Shares EO 0.10.
NL0006294290
UNITS
40.605
32,431
14,232 EUR
31.280
1,270.124.40
0.47
9)
35 of 70
Annual Report for iShares STOXX Europe Mid 200 UCITS ETF (DE) for the period from 01/05/2013 to 30/04/2014 Marke t
Units, shares or currency in 1,000s
Price
Market value in EUR
% of fund 8) assets
3,766 EUR
23,955
1,318,650.89
0.49
4,090 EUR
40.740
822,377.64
0.31
1,462,871.24
0.55
2,972 CHF
136,200
1,462,871.24
0.55
250,885.64
0.09
250,885.64
0.09
112,763.77
0.04
As at Purchases/ Sales/ 30 April 2014 Additions Disposals in the reporting period
Designation of class of security
ISIN
Zodiac Aerospace Actions au Porteur o.N.
FR0000125684
UNITS
55,047
51,329
Établissements Fr, Colruyt SA Actions au Porteur o.N.
BE0974256852
UNITS
20.186
10.867
Other investment securities Schindler Holding AG Inhaber-Part,sch, SF 0.10
CH0024638196
UNITS
13,112
6,891
Bank Accounts. Unsecuritised Money Market Instruments. Money Market Funds Bank accounts Credit in other EU/EEA currencies Custodian Bank: StateStreet Bank
Non-EU/EEA currencies Custodian Bank: StateStreet Bank
CZK
3,644.81
%
100.000
132.70
0.00
GBP
35,765.83
%
100.000
43,555.91
0.02
NOK
570.452.04
%
100.000
69,075.16
0.03
138,121.87
0.05
CHF
168,617.40
%
100.000
Other assets Dividend claims
Withholding tax reimbursement claims
Receivables arising from securities transactions
138,121.87
0.05
4,430,095.84
1.65
CHF
46,102.55
37,764.61
0.01
EUR
357,997.60
357,997.60
0.13
GBP
511,177.75
622,516.25
0.23
SEK
565,745.25
62,610.13
0.02
USD
115,104.74
83,015.27
0.03
CHF
66,388.00
54,381.31
0.02
EUR
287,589.91
287,589.91
0.11
GBP
5,173.82
6,300.72
0.00
CHF
181,017.65
148,279.45
0.06
CZK
187,072.00
6,810.68
0.00
DKK
563,498.10
75,496.84
0.03
EUR
1,026,601.46
1,026,601.46
0.38
GBP
454,113.70
553,023.21
0.21
NOK
359,462.75
43,526.79
0.02
SEK
1,094,749.65
121,154.21
0.05
Receivables from FX spot transactions
EUR
933,750.41
933,750.41
0.35
Receivables from compensation payments
USD
12,863.00
9,276.99
0.00
-641,451.54
-0.24
-641,439.20
-0.24
-641,439.20
-0.24
-12.34
-0.00
-12.34
-0.00
Liabilities arising from loans EUR loans EUR
-641,439.20
%
100.000
Loans in other EU/EEA currencies DKK
-92.13
%
100.000
-2,782,103.55
-1.04
EUR
-41,155.36
-41,155.36
-0.02
Liabilities arising from certificate transactions
EUR
-1,807,205.00
-1,807,205.00
-0.67
Liabilities from FX spot transactions
CHF
-163,257.65
-133,731.46
-0.05
CZK
-187,072.00
-6,810.68
-0.00
DKK
-563,498.10
-75,496.84
-0.03
Other liabilities
Fund assets Unit value Units in circulation
GBP
-454,113.70
-553,023.21
-0.21
NOK
-359,462.75
-43,526.79
-0.02
SEK
-1,094,749.65
-121,154.21
-0.05
EUR EUR UNITS
268,156,029.58 100.00 36.24 7,400.000
8) Rounding of percentages during the calculation may result in slight rounding differences, 9) These securities are partially or fully transferred as securities loans,
36 of 70
Annual Report for iShares STOXX Europe Mid 200 UCITS ETF (DE) for the period from 01/05/2013 to 30/04/2014 Notes on Securities Loans Designation of class of security
Nominal in units or currency in 1,000s
limited
unlimited
total
The following securities were transferred as securities loans as at the reporting date: Elekta AB Namn-Aktier B SK 2
UNITS
93.252
0.00
939.124,65
Gemalto N,V, Aandelen EO 1
UNITS
22.644
0.00
1.827.370.80
Grifols S,A, Acciones Port, Class A EO 0.50
UNITS
34.138
0.00
1.314.313,00
K+S Aktiengesellschaft Namens-Aktien o.N.
UNITS
35.685
0.00
899.440.43
Yara International ASA Navne-Aksjer NK 1.70
UNITS
47.385
0.00
1.610.020.19
Total value of securities loans repayable
EUR
0.00
6,590.269.07
6,590.269.07
37 of 70
Annual Report for iShares STOXX Europe Mid 200 UCITS ETF (DE) for the period from 01/05/2013 to 30/04/2014
Transactions during the reporting period. insofar as these no longer appear in the assets listed: Securities purchases and sales. investment units and bonds (market allocation on the reporting date) ISIN
Units. shares or currency in 1.000s
Purchases/ Additions
Sales/ Disposals
Securities Exchange-traded securities Shares Abertis Infraestructuras S,A, Acciones Nom,Em,09/2013 EO 3
ES0111845048
UNITS
4,122
4,122
Abertis Infraestructuras S,A, Anrechte
ES06118459I8
UNITS
82,446
82,446
ACS. Act.de Constr.y Serv, SA Anrechte
ES0667050944
UNITS
47,270
47,270
ACS. Act.de Constr.y Serv, SA Anrechte
ES0667050928
UNITS
33,512
33,512
Adecco S,A, Namens-Aktien SF 1
CH0012138605
UNITS
10.720
35,900
AGEAS SA/NV Actions Nominatives o.N.
BE0974264930
UNITS
3,258
48,518
Aker Solutions ASA Navne-Aksjer NK 1.66
NO0010215684
UNITS
2,312
34,393
Alcatel-Lucent Actions au Port, (C,R,)EO 0.05
FR0000130007
UNITS
494,755
949,513
Alcatel-Lucent Anrechte
FR0011621937
UNITS
704,918
704,918
Balfour Beatty PLC Registered Shares LS -.50
GB0000961622
UNITS
9,494
143,392
Banco de Sabadell S,A, Acciones Nom, Serie A EO 0.125
ES0113860A34
UNITS
717,196
1,297,877
Banco de Sabadell S,A, Acciones Nom,Em,09/13 EO 0.125
ES0113860169
UNITS
140.743
140.743
Banco de Sabadell S,A, Anrechte
ES0613860933
UNITS
703,719
703,719
Banco Popolare Società Cooper, Azioni nom, o.N.
IT0004231566
UNITS
24,532
370.592
Bco Pop, Esp, SA (POPULARBAN) Acciones Nom, EO -0.10
ES0113790531
UNITS
3,384
1,525,733
Bco Pop, Esp, SA (POPULARBAN) Anrechte
ES0613790940
UNITS
438,670
438,670
Beiersdorf AG Inhaber-Aktien o.N.
DE0005200000
UNITS
-
19,537
Bic S,A, Actions Port, EO 3.82
FR0000120966
UNITS
4,103
9,497
Bouygues S,A, Actions Port, EO 1
FR0000120503
UNITS
31,583
81,742
Brenntag AG Namens-Aktien o.N.
DE000A1DAHH0
UNITS
731
10.826
BUWOG AG Inhaber-Aktien o.N.
AT00BUWOG001
UNITS
13,635
13,635
Cairn Energy PLC Registered Shs LS 0.013668639
GB00B74CDH82
UNITS
35,117
153,322
Caixabank S,A, Anrechte
ES0640609998
UNITS
507,638
507,638
Caixabank S,A, Anrechte
ES0640609964
UNITS
258,556
258,556
Caixabank S,A, Anrechte
ES0640609980
UNITS
377,670
377,670
CGG S,A, Actions Port, EO 0.40
FR0000120164
UNITS
23,596
54,187
Commerzbank AG Inhaber-Aktien o.N.
DE000CBK1001
UNITS
288,235
288,235
Corio N,V, Aandelen aan toonder EO 10
NL0000288967
UNITS
8,563
21,343
Elan Corp, PLC Registered Shares EO -.05
IE0003072950
UNITS
79,618
160.971
FLSmidth , Co, AS Navne-Aktier B DK 20
DK0010234467
UNITS
3,114
13,542
Fresnillo PLC Registered Shares DL -.50
GB00B2QPKJ12
UNITS
26,380
58,334
Icap PLC Registered Shares LS -.10
GB0033872168
UNITS
7,716
116,587
IMI PLC Registered Shares LS -.25
GB0004579636
UNITS
42,115
104,749
Intu Properties PLC Anrechte (Nil-Paid)
GB00BKJ9QX26
UNITS
57,012
57,012
Intu Properties PLC Registered Shares 4/14 LS 0.50
GB00BKJ9QY33
UNITS
57,012
57,012
Invensys PLC Registered Shares LS 0.125
GB00B979H674
UNITS
202,243
202,243
ITV PLC Registered Shares LS -.10
GB0033986497
UNITS
214,885
920.070
Kabel Deutschland Holding AG Inhaber-Aktien o.N.
DE000KD88880
UNITS
4,915
21,185
KBC Groep N,V, Parts Sociales Port, o.N.
BE0003565737
UNITS
26,868
68,627
Kerry Group PLC Registered Shares A EO 0.125
IE0004906560
UNITS
2,045
30.426
Kon, KPN N,V, Aandelen aan toonder EO -0.04
NL0000009082
UNITS
392,851
1,003,435
Koninklijke Vopak N,V, Aandelen aan toonder EO -0.50
NL0009432491
UNITS
8,859
20.474
Man Group PLC Reg, Shares DL 0.03428571
GB00B83VD954
UNITS
106,113
463,271
Melrose Industries PLC Registered Shares LS 0.001
GB00B8L59D51
UNITS
164,976
413,265
Petroleum Geo-Services AS Navne-Aksjer (new) NK 3
NO0010199151
UNITS
27,276
69,970
Portugal Telecom SGPS S,A, Acções Nom, EO 0.03
PTPTC0AM0009
UNITS
38,997
174,210
Premier Oil PLC Registered Shares LS 0.125
GB00B43G0577
UNITS
65,896
169,088
38 of 70
Annual Report for iShares STOXX Europe Mid 200 UCITS ETF (DE) for the period from 01/05/2013 to 30/04/2014 ISIN
Units, shares or currency in 1,000s UNITS
Purchases/ Additions
Sales/ Disposals
ProSiebenSat.1 Media AG Vorzugsaktien o.St.o.N.
DE0007771172
22.537
22,537
RSA Insurance Group PLC Anrechte
GB00B3ZQF868
UNITS
402,462
402,462
RSA Insurance Group PLC Reg. Sh. Em. 3/4 LS 0.275
GB00B3ZPBX05
UNITS
402,462
402,462
Sage Group PLC, The Registered Shs LS -,01051948
GB0008021650
UNITS
526
237,006
Securitas AB Namn-Aktier B (fria) SK 1
SE0000163594
UNITS
47,779
110.248
Tele2 AB Navne-Redemption Shs B SK 1.25
SE0001427675
UNITS
60.012
60.012
TGS Nopec Geophysical Co. ASA Navne-Aksjer NK 0.25
NO0003078800
UNITS
13,014
33,413
Valmet Oyj Registered Shares o.N.
FI4000074984
UNITS
37,205
37,205
Caixabank S.A. Anrechte
ES0640609972
UNITS
296,260
296,260
Coca Cola Hellenic Bottling Co Namens-Aktien EO 1.01
GRS104003009
UNITS
-
38,001
D.E Master Blenders 1753 N.V. Aandelen op naam EO 0.12
NL0010157558
UNITS
29,404
127,917
Invensys PLC Registered Shares LS 0.10
GB00B19DVX61
UNITS
352
158,754
Melrose Industries PLC Reg.Interim Entitlem. LS 0.001
GB00BHY3RX59
UNITS
350.106
350.106
Persimmon PLC Reg. Sh. (Int. Ent.) LS 0.10
GB00B8Y2Q102
UNITS
-
59,315
Swiss Life Holding AG Anrechte (Wandelanleihe)
CH0227342125
UNITS
9,169
9,169
Tele2 AB Namn-Aktier B SK 1.25
SE0000314312
UNITS
134
60.012
Unlisted securities Shares
Securities loans (trading volume valued on the basis of the value agreed when the loan transaction was concluded): Volume in 1,000s
Designation of class of security
Unlimited
EUR
36.512
Underlyings: Abertis Infraestructuras S.A. Acciones Nom. EO 3, Alcatel-Lucent Actions au Port. (C.R.)EO 0.05, Alcatel-Lucent Anrechte, Atlantia S.p.A. Azioni Nom. EO 1, BANKIA S.A. Acciones Nominativas EO 1, BELGACOM S.A. Actions au Porteur o.N., Banco de Sabadell S.A. Acciones Nom. Serie A EO 0.125, Banco de Sabadell S.A. Acciones Nom.Em.09/13 EO 0.125, Banco de Sabadell S.A. Anrechte, Bco Pop. Esp. SA (POPULARBAN) Acciones Nom. EO 0.50. Delhaize Group S.A. Actions au Porteur o.N., EDP - Energias de Portugal SA Acções Nom. EO 1, Fiat S.p.A. Azioni nom. EO 3.58, Fugro N.V. Aandelen op naam EO 0.05, Galenica AG Nam.-Akt. SF 0.10. Gemalto N.V. Aandelen EO 1, Jerónimo Martins, SGPS, S.A. Acções Port. EO 1, K+S Aktiengesellschaft Namens-Aktien o.N., KBC Groep N.V. Parts Sociales Port. o.N., Kon. KPN N.V. Aandelen aan toonder EO 0.04, Meggitt PLC Registered Shares LS 0.05, Metso Corp. Registered Shares o.N., Norsk Hydro ASA Navne-Aksjer NK 1.098, Pennon Group PLC Registered Shares New LS 0.407, Portugal Telecom SGPS S.A. Acções Nom. EO 0.03, RSA Insurance Group PLC Registered Shares LS 0.275, Randgold Resources Ltd. Registered Shares DL 0.05, STMicroelectronics N.V. Aandelen aan toonder EO 1.04, TGS Nopec Geophysical Co. ASA Navne-Aksjer NK 0.25, Tele2 AB Namn-Aktier B SK 0.625, Umicore S.A. Actions Nom. New o.N.
39 of 70
Annual Report for iShares STOXX Europe Mid 200 UCITS ETF (DE) for the period from 01/05/2013 to 30/04/2014 Profit-and-Loss Account (incl. Income Adjustment) for the period from 01/05/2013 to 30/04/2014 I. Income 1. Dividends from domestic issuers 2. Dividends from foreign issuers (before withholding tax)
10)
EUR
291,617.12
EUR
6,939,887.15
3. Interest from domestic liquidity investments
EUR
372.24
4. Income from securities lending and securities repurchase agreements
EUR
22,949.27
5. Deduction of foreign withholding tax
EUR
-782,386.46
6. Other income
EUR
Total income
EUR
575,366.69
7,047,806.01
II. Expenses 1. Interest from borrowing
EUR
-1,847.87
2. Management fees
EUR
-466,609.23
3. Other expenses
EUR
Total expenses
EUR
-496,153.10
III. Ordinary net income
EUR
6,551,652.91
1. Realised gains
EUR
19,173,404.37
2. Realised losses
EUR
Gain/loss on disposals
EUR
15,246,357.64
V. Annual realised results
EUR
21,798,010.55
1. Net change in unrealised gains
EUR
22,439,491.57
2. Net change in unrealised losses
EUR
2,904,336.25
VI. Annual unrealised results
EUR
25,343,827.82
VII. Result for the financial year
EUR
47,141,838.37
-27,696.00
IV. Disposals -3,927,046.73
10) Includes dividends within the meaning of Article 19 Para. 1 of the German REIT Act amounting to EUR 171,716.19
Change in Fund Assets 2013/2014 I. Value of fund assets at start of financial year
EUR
1. Distribution for the previous year
EUR
2. Interim distributions
EUR
-4,145,289,70
3. Inflow/Outflow of funds (net)
EUR
75,808,535,00
a) Proceeds received from sales of units
EUR
123,855,185,00
b) Payments for redemption of units
EUR
-48,046,650.00
153,731,424,09 -1,845,483,20
4. Income adjustment/cost compensation
EUR
-2,534,994,98
5. Result for the financial year
EUR
47,141,838,37
of which unrealised gains
EUR
22,439,491,57
of which unrealised losses
EUR
2,904,336,25
II. Value of fund assets at end of financial year
EUR
268,156,029,58
40 of 70
Annual Report for iShares STOXX Europe Mid 200 UCITS ETF (DE) for the period from 01/05/2013 to 30/04/2014 Use of income from the investment fund
Calculation of distribution (total and per unit) Total
Per unit
EUR
59,515,528.52
8.05
EUR
33,790,471.24
4.57
EUR
21,798,010.55
2.95
EUR
3,927,046.73
0.53
EUR
-52,963,877.22
-7.16
1. Reinvested
EUR
-12,740,472.78
-1.72
2. Carryforward to new account
EUR
-40,223,404.44
-5.44
EUR
6,551,651.30
0.89
1. Interim distribution
EUR
4,145,289.70
0.56
2. Final year-end distribution
EUR
2,406,361.60
0.33
I. Available for distribution 1. Carryforward from the previous year
11)
2. Annual realised results 3. Transfer from the investment fund
12)
II. Not used for distribution
III. Total distribution
11) Difference from preceding year because of income adjustment calculated on carryforwards. 12) Transfer in the amount of the realised losses of the financial year.
Comparative overview of the last three financial years
Financial year
Fund assets at the end of the financial year
Unit value
2013/2014
EUR
268,156,029.58
36.24
2012/2013
EUR
153,731,424.09
30.44
2011/2012
EUR
106,264,923.54
26.57
2010/2011
EUR
159,353,737.40
29.32
41 of 70
Annual Report for iShares STOXX Europe Mid 200 UCITS ETF (DE) for the period from 01/05/2013 to 30/04/2014 Annex
Information pursuant to the German Derivatives Ordinance [Derivateverordnung, DerivateV]: Pursuant to the Derivatives Ordinance, the utilisation of the market risk ceiling for this investment fund was calculated in accordance with the qualified approach using a derivative-free benchmark.
Information under the qualified approach: Potential exposure to market risk in accordance with Article 37 Para. 4 DerivateV: Beginning of the financial year End of the financial year Beginning of risk measurement Smallest potential exposure Largest potential exposure Average potential exposure
01.05.2013 30.04.2014 01.05.2013 9.66 % 11.70 % 10.77 %
Risk model used in accordance with Article 10 DerivateV: Analytical approach using a multifactorial model Parameters used in accordance with Article 11 DerivateV:
Quantile
Confidence level Holding term Observation period
99.00 % 20 days 01/05/2013 to 30/04/2014
Average scope of leverage achieved during the financial year through derivative transactions pursuant to Article 37 Para. 4 DerivateV: Average leverage 1.00 For calculation, the credit value method pursuant to ESMA Guidelines 10-788 was applied. In this method, the leverage is determined by dividing the total exposure of the fund, consisting of the sum of the eligible amount of the derivatives and the net asset value, by its net asset value. Composition of the benchmark assets pursuant to Article 37 Para. 5 DerivateV: STOXX® Europe Mid 200
100.00 %
Information where securities loans are employed pursuant to Article 37 Para. 2 DerivateV: Level of exposure through securities loans:
EUR
6,590,269.07
EUR
Market value of securities in EUR 7,281,787.54
Counterparty to securities loans: CREDIT SUISSE SECURITIES (EUROPE) LIMITED MORGAN STANLEY AND CO. INTERNATIONAL PLC
Total value of collateral provided for securities loans: of which: Shares Bonds
7,042,470.14 239,317.40
42 of 70
Annual Report for iShares STOXX Europe Mid 200 UCITS ETF (DE) for the period from 01/05/2013 to 30/04/2014
Annex Other information Number of fund units in circulation and value of a fund unit on the reporting date pursuant to Article 16 Para. 1 No. 1 of the German Capital Investment Accounting and Valuation Ordinance (KARBV) Unit value EUR 36.24 Units in circulation
UNITS
7,40,000
Information on the evaluation process for assets pursuant to Article 16 Para. 1 No. 2 KARBV Security Prices and Market Prices The fund assets are valued on the basis of the following market prices: All securities:
Closing prices on the respective valuation dates
The valuation of assets generally took place during the financial year and at the balance sheet date on the basis of the last traded stock exchange price. Assets not admitted for trading on stock exchanges nor admitted to another regulated market or included in such market, or for which no tradable value is available, are valued at current market values, which shall be assessed with due care using appropriate valuation models and taking into consideration current market conditions. Money in bank accounts and existing receivables are valued at their current nominal value. Existing liabilities are reported at the amounts payable.
Exchange Rate(s) or Conversion Factor(s) (bulk quoting) as at 30/04/2014 British Pound Sterling
(GBP)
0.82115= 1 euro (EUR)
Danish kroner
(DKK)
7.46386= 1 euro (EUR)
Norwegian kroner
(NOK)
8.25843= 1 euro (EUR)
Swedish kronor
(SEK)
9.03600= 1 euro (EUR)
Swiss francs
(CHF)
1.22079= 1 euro (EUR)
Czech koruna
(CZK)
27.46747= 1 euro (EUR)
US dollar
(USD)
1.38655= 1 euro (EUR)
Information on transparency and the total expense ratio (TER) pursuant to Article 16 Para. 1 No. 3 KARBV Total expense ratio pursuant to Article 101 Para. 2 of the German Investment Code (KAGB): 0.20%. The total expense ratio expresses all costs and payments (not including transaction costs) borne by the investment fund during the year in relation to the average net asset value of the investment fund’s assets. A fee of 0.0037% p.a. of average fund assets was also incurred due to additional income from securities lending transactions. Performance-related or supplementary management fee pursuant to Article 16 Para. 1 No. 3a) KARBV The management fee includes the following: a) Fixed fee from lending income: EUR 9,018.66 In accordance with the terms and conditions of investment, a fixed fee of 0.19% p.a. based on the average net asset value and payable to the investment management company has been agreed for the investment fund. This fixed fee covers services rendered by the company, in particular the expenses of the depository, costs of legally required printing, mailings and publications associated with the investment fund, and for the auditing of the annual report. Of this amount, 0.0418% p.a. is due to the depository based on the average net asset value, and 0.0485% p.a. to third parties (printing and publication expenses, auditing and miscellaneous costs). The company does not pay any fees to brokers. The following expenses are not included in the fixed fee: a) Expenses resulting from the purchase and sale of assets (transaction costs); b) Customary bank custody fees, including the customary bank charges for the custody of foreign securities abroad and related taxes, if applicable; c)
Expenses related to day-to-day account management;
d) Expenses incurred in the assertion and enforcement of the legal claims of the Investment Fund. e) Expenses for providing information to investors of the investment fund by means of a durable medium, with the exception of expenses for providing information in the case of fund mergers. Details of the fee structure are provided in the current sales prospectus. Expenses paid and repayments received pursuant to Article 16 Para. 1 No. 3c) KARBV In the financial year 1 May 2013 to 30 April 2014, the investment management company BlackRock Asset Management Deutschland AG received no repayment of fees or reimbursement of expenses paid from the investment fund to the depository or to third parties for the investment fund iShares STOXX Europe Mid 200 UCITS ETF (DE).
43 of 70
Annual Report for iShares STOXX Europe Mid 200 UCITS ETF (DE) for the period from 01/05/2013 to 30/04/2014 Information concerning other income and other expenses pursuant to Article 16 Para. 1 No. 3e) KARBV Other income amounting to 575,366.69 is broken down as follows: a) Compensation payments:
EUR
44,797.59
b) Income from withholding tax refunds/claims:
EUR
530,086.64
c) Other income:
EUR
482.46
a) Bank custody fees:
EUR
27,136.97
b) Other expenditure:
EUR
559.03
Other expenses amounting to 27,696.00 are broken down as follows:
Information concerning transaction costs pursuant to Article 16 Para. 1 No. 3f) KARBV The transaction costs pursuant to Article 16 Para. 1 No. 3 f) of the German Capital Investment Accounting and Valuation Ordinance (“KARBV”) paid during the reporting period 107,654.89. Transaction costs take into totalled accountEUR all costs that were separately recognised or invoiced for the account of the investment fund and that are in direct connection with the purchase or sale of assets. The share of the securities transactions executed during the reporting period for account of the investment fund through brokers that are closely affiliated companies and persons was 0.00%. Their total amount was EUR 0.00. Index fund information pursuant to Article 16 Para. 2 KARBV Tracking error level at the end of the reporting period, pursuant to Article 16 Para. 2 No. 1 KARBV
0.23 percentage points
Annual tracking difference level
0.04 percentage points
The STOXX® Europe Mid 200 performance index recorded a performance of 22.83% in the reporting period. Taking into account costs, distributions and taxes, iShares STOXX Europe Mid 200 UCITS ETF (DE) recorded a performance of 22.87% during the same period.
Further information necessary for understanding the report pursuant to Article 7 No. 9 d) KARBV Explanation of the calculation of net change in unrealised gains and losses Determination of net change in unrealised gains and losses takes place by means of comparing, in each financial year, the valuations of assets included in the unit price with the relevant historical purchase prices, the level of the positive differences in the sum of unrealised gains included, the level of the negative differences in the sum of unrealised losses included and by determining the net changes from a comparison of the sum totals at the end of the financial year with those at the beginning.
General information The iShares STOXX Europe Mid 200 UCITS ETF (DE) investment fund was brought into line with the provisions of the German Investment Code (KAGB) with effect from 20 January 2014. Munich, 7 August 2014 BlackRock Asset Management Deutschland AG
Dr Thomas Groffmann
Alexander Mertz
44 of 70
Annual Report for iShares STOXX Europe Mid 200 UCITS ETF (DE) for the period from 01/05/2013 to 30/04/2014 Special Auditor’s Note Concerning BlackRock Asset Management Deutschland AG, Munich In accordance with Article 102 of the German Investment Code (KAGB), BlackRock Asset Management Deutschland AG, Munich, has commissioned us to review the annual report for the investment fund iShares STOXX Europe Mid 200 UCITS ETF (DE) for the financial year from 1 May 2013 to 30 April 2014. Responsibility of the legal representatives The preparation of the annual report in accordance with the KAGB is the responsibility of the legal representatives of the investment management company. Responsibility of the auditor It is our responsibility to express an opinion on the annual report, based on our audit. We conducted our audit in accordance with Article 102 of the KAGB and the German generally accepted principles for the audit of financial statements promulgated by the Institute of Public Auditors in Germany (IDW). These standards require us to plan and perform the audit in such a way that inaccuracies and infringements materially affecting the annual report are detected with reasonable assurance. Knowledge of the management of the investment fund and assessment of potential misstatements are taken into account when determining audit procedures. The effectiveness of the internal control system used when accounting and the evidence supporting the disclosures in the annual report are examined, primarily on a test basis, within the framework of the audit. The audit includes the appraisal of the accounting principles applied for the annual report and the main estimates of the legal representatives of the investment management company. We believe that our audit provides a reasonable basis for our opinion.
Opinion Our audit has not led to any reservations. According to our appraisal, based on the findings gained during our audit, the annual report complies with the legal regulations.
Munich, 08 August 2014 Deloitte & Touche GmbH Wirtschaftsprüfungsgesellschaft
Koch Auditor
Rumpelt Auditor
45 of 70
BlackRock Asset Management Deutschland AG Max-Joseph-Strasse 6 80333 Munich, Germany iShares STOXX Europe Mid 200 UCITS ETF (DE) ISIN: DE0005933998 Bases of taxation pursuant to Article 5 Para. 1, Sentence 1, No. 1 and No. 2 InvStG (German Investment Tax Act) Financial year from 01/05/2013 to 30/04/2014 Ex date of the (interim) distribution: 16/06/2014 Value date: 16.06.2014 Date of dividend resolution: 15.05.2014 Article 5 Para. 1 Sentenc e 1 No. .... InvStG
Private assets
Operating assets Operating assets EStG (German Income Tax KStG (German Corporation Act) Tax Act)
EUR
EUR
EUR
Per unit
Per unit
Per unit
Amount of distribution
0.3427476
0.3427476
0.3427476
of which income equivalent to distributions from previous years
0.0000000
0.0000000
0.0000000
of which non-taxable repayment of principal/capital distributions
0.0000000
0.0000000
0.0000000
Partial accumulation amount/distributable income
0.0021763
0.0021763
0.0021763
of which non-deductible income-related expenses pursuant to Article 3 Para. 3 Sentence 3 No. 2 InvStG
0.0021761
0.0021761
0.0021761
Amount of distributed income
0.3427476
0.3427476
0.3427476
1 c) aa) Income as defined in Article 2 Para. 2 Sentence 1 InvStG in conjunction with No. 40 EStG, or in
0.3197348
0.0000000
1 c) bb) Capital gains within the meaning of Article 3 No. 40 EStG and Article 8b Para. 2 KStG
0.0000000
0.0000000
1 c) cc) Income within the meaning of Article 2 Para. 2a InvStG (interest limit) 1 c) dd) Tax-free old capital gains from securities, subscription rights and futures transactions in private assets (Article 2 III No. 1 Sentence 1 InvStG in the version to be used on 31 December 2008) 1 c) ee) Tax-free old capital gains from subscription rights to bonus shares in companies
0.0000291
0.0000291
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
1a)
2)
1b)
Contained in the distributed income: the case of Article 16 InvStG in conjunction with Article 8b Para. 1 KStG (Capital Gains Tax Act)
1 c) ff) Tax-free profits from the purchase and sale of German and foreign land outside the 10year period 1 c) gg) Income that is tax-exempt on the basis of DTA (in particular foreign rental income and profits from the purchase and sale of foreign land) 1 c) hh) DTA tax-free income included in gg) that is not subject to the progression provision
0.0000000 0.0000000 0.0000000
0.0000000
0.0000000
0.0000000
1 c) ii) Foreign income on which foreign withholding taxes were actually retained or are deemed retained, provided the foreign withholding tax was not treated as income-related expenses at the fund level 1 c) jj) Foreign income included in ii) within the meaning of Article 3 No. 40 EStG and Article 8b Para. 2
0.0974067
0.0974067
0.0974067
0.0804832
0.0000000
Income from foreign REITs included in ii) 1 c) kk) Foreign income on which foreign withholding taxes are considered to have been retained (notional withholding tax) included in ii) 1 c) ll) Foreign income included in kk) within the meaning of Article 3 No. 40 EStG and Article 8b Para. 2
0.0169235
0.0169235
0.0169235
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
InvStG or in the case of Article 16 InvStG in conjunction with Article 8b Para. 1 KStG
InvStG or in the case of Article 16 InvStG in conjunction with Article 8b Para. 1 KStG
1 c) mm)
1 d)
Income as defined in Article 18 Para. 22 Sentence 4 InvStG in conjunction with Article 8b Para. 1 of the Corporation Tax Act Capital gains tax measurement basis
0.0000000
0.3449239
0.3449239
0.3449239
1 d) aa) Income included in d) within the meaning of Article 7 Para. 1 and 2 InvStG
0.3410065
0.3410065
0.3410065
1 d) bb) Domestic dividends and taxable domestic real estate income included in d)
0.0039174
0.0039174
0.0039174
of which from German REITs 1 d) cc) Foreign dividends, capital gains, gains from writing options and futures transactions included in d) aa) of which from foreign REITs
0.0000000
0.0000000
0.0000000
0.3375610
0.3375610
0.3375610
0.0217437
0.0217437
0.0217437
0.0164444
0.0164444
0.0164444
0.0137581
0.0000000
0.0026863
0.0026863
0.0026863
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
1 f) Allowable/deductible and notional foreign withholding tax 1 f) aa) Deductible foreign withholding tax, provided it is not treated as income-related expenses on the fund level 1 f) bb) Deductible withholding tax on foreign income included in aa) within the meaning of Article 3 No. 40 EStG and Article 8b Para. 2 KStG, or in the case of Article 16 InvStG in conjunction with Article 8b Para. 1 KStG Deductible withholding tax on income from foreign REITs included in aa) 1 f) cc) Deductible foreign withholding tax 1 f) dd) Deductible withholding tax on foreign income included in cc) within the meaning of Article 3 No. 40 EStG and Article 8b Para. 2 KStG, or in the case of Article 16 InvStG in conjunction with Article 8b Para. 1 KStG 1 f) ee) Notionally deductible foreign withholding tax 1 f) ff) Notionally deductible withholding tax on foreign income included in ee) within the meaning of Article 3 No. 40 EStG and Article 8b Para. 2 KStG, or in the case of Article 16 InvStG in conjunction with Article 8b Para. 1 KStG
0.0000000
1 g)
Deduction for depreciation or depletion (for real estate)
0.0000000
0.0000000
0.0000000
1 h)
Total withholding tax paid and reimbursed in the financial year Total of the 10% non-deductible income-related expenses (Article 3 Para. 3 Sentence 2 No. 2 InvStG)
0.0175636
0.0175636
0.0175636
0.0021761
0.0021761
0.0021761
1 i)
46 of 70
BlackRock Asset Management Deutschland AG Max-Joseph-Strasse 6 80333 Munich, Germany iShares STOXX Europe Mid 200 UCITS ETF (DE) ISIN: DE0005933998 Bases of taxation pursuant to Article 5 Para. 1, Sentence 1, No. 1 and No. 2 InvStG (German Investment Tax Act) Financial year from 01/05/2013 to 30/04/2014 Ex date of the (interim) distribution: 17/03/2014 Value date: 17.03.2014 Date of dividend resolution: 17.02.2014 Article 5 Para. 1 Sentenc e 1 No. .... InvStG
Private assets
Operating assets Operating assets EStG (German Income Tax KStG (German Corporation Act) Tax Act)
EUR
EUR
EUR
Per unit
Per unit
Per unit
Amount of distribution
0.0807617
0.0807617
0.0807617
of which income equivalent to distributions from previous years
0.0000000
0.0000000
0.0000000
of which non-taxable repayment of principal/capital distributions
0.0000000
0.0000000
0.0000000
Partial accumulation amount/distributable income
0.0016541
0.0016541
0.0016541
of which non-deductible income-related expenses pursuant to Article 3 Para. 3 Sentence 3 No. 2 InvStG
0.0016541
0.0016541
0.0016541
Amount of distributed income
0.0807617
0.0807617
0.0807617
1 c) aa) Income as defined in Article 2 Para. 2 Sentence 1 InvStG in conjunction with No. 40 EStG, or in
0.0773528
0.0000000
1 c) bb) Capital gains within the meaning of Article 3 No. 40 EStG and Article 8b Para. 2 KStG
0.0000000
0.0000000
1 c) cc) Income within the meaning of Article 2 Para. 2a InvStG (interest limit) 1 c) dd) Tax-free old capital gains from securities, subscription rights and futures transactions in private assets (Article 2 III No. 1 Sentence 1 InvStG in the version to be used on 31 December 2008) 1 c) ee) Tax-free old capital gains from subscription rights to bonus shares in companies
0.0000751
0.0000751
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
1a)
2)
1b)
Contained in the distributed income: the case of Article 16 InvStG in conjunction with Article 8b Para. 1 KStG (Capital Gains Tax Act)
1 c) ff) Tax-free profits from the purchase and sale of German and foreign land outside the 10year period 1 c) gg) Income that is tax-exempt on the basis of DTA (in particular foreign rental income and profits from the purchase and sale of foreign land) 1 c) hh) DTA tax-free income included in gg) that is not subject to the progression provision
0.0000000 0.0000000 0.0000000
0.0000000
0.0000000
0.0000000
1 c) ii) Foreign income on which foreign withholding taxes were actually retained or are deemed retained, provided the foreign withholding tax was not treated as income-related expenses at the fund level 1 c) jj) Foreign income included in ii) within the meaning of Article 3 No. 40 EStG and Article 8b Para. 2
0.0216153
0.0216153
0.0216153
0.0216153
0.0000000
Income from foreign REITs included in ii) 1 c) kk) Foreign income on which foreign withholding taxes are considered to have been retained (notional withholding tax) included in ii) 1 c) ll) Foreign income included in kk) within the meaning of Article 3 No. 40 EStG and Article 8b Para. 2
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
InvStG or in the case of Article 16 InvStG in conjunction with Article 8b Para. 1 KStG
InvStG or in the case of Article 16 InvStG in conjunction with Article 8b Para. 1 KStG
1 c) mm)
1 d)
Income as defined in Article 18 Para. 22 Sentence 4 InvStG in conjunction with Article 8b Para. 1 of the Corporation Tax Act Capital gains tax measurement basis
0.0000000
0.0824158
0.0824158
0.0824158
1 d) aa) Income included in d) within the meaning of Article 7 Para. 1 and 2 InvStG
0.0824158
0.0824158
0.0824158
1 d) bb) Domestic dividends and taxable domestic real estate income included in d)
0.0000000
0.0000000
0.0000000
of which from German REITs 1 d) cc) Foreign dividends, capital gains, gains from writing options and futures transactions included in d) aa) of which from foreign REITs
0.0000000
0.0000000
0.0000000
0.0773528
0.0773528
0.0773528
0.0000000
0.0000000
0.0000000
0.0042254
0.0042254
0.0042254
0.0042254
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
1 f) Allowable/deductible and notional foreign withholding tax 1 f) aa) Deductible foreign withholding tax, provided it is not treated as income-related expenses on the fund level 1 f) bb) Deductible withholding tax on foreign income included in aa) within the meaning of Article 3 No. 40 EStG and Article 8b Para. 2 KStG, or in the case of Article 16 InvStG in conjunction with Article 8b Para. 1 KStG Deductible withholding tax on income from foreign REITs included in aa) 1 f) cc) Deductible foreign withholding tax 1 f) dd) Deductible withholding tax on foreign income included in cc) within the meaning of Article 3 No. 40 EStG and Article 8b Para. 2 KStG, or in the case of Article 16 InvStG in conjunction with Article 8b Para. 1 KStG 1 f) ee) Notionally deductible foreign withholding tax 1 f) ff) Notionally deductible withholding tax on foreign income included in ee) within the meaning of Article 3 No. 40 EStG and Article 8b Para. 2 KStG, or in the case of Article 16 InvStG in conjunction with Article 8b Para. 1 KStG
0.0000000
1 g)
Deduction for depreciation or depletion (for real estate)
0.0000000
0.0000000
0.0000000
1 h)
Total withholding tax paid and reimbursed in the financial year Total of the 10% non-deductible income-related expenses (Article 3 Para. 3 Sentence 2 No. 2 InvStG)
-0.0030283
-0.0030283
-0.0030283
0.0016541
0.0016541
0.0016541
1 i)
47 of 70
BlackRock Asset Management Deutschland AG Max-Joseph-Strasse 6 80333 Munich, Germany iShares STOXX Europe Mid 200 (DE) ISIN: DE0005933998 Bases of taxation pursuant to Article 5 Para. 1, Sentence 1, No. 1 and No. 2 InvStG (German Investment Tax Act) Financial year from 01/05/2013 to 30/04/2014 Ex date of the (interim) distribution: 16/12/2013 Value date: 16.12.2013 Date of dividend resolution: 15.11.2013 Article 5 Para. 1 Sentenc e 1 No. .... InvStG
Private assets
Operating assets Operating assets EStG (German Income Tax KStG (German Corporation Act) Tax Act)
EUR
EUR
EUR
Per unit
Per unit
Per unit
Amount of distribution
0.1112461
0.1112461
0.1112461
of which income equivalent to distributions from previous years
0.0000000
0.0000000
0.0000000
of which non-taxable repayment of principal/capital distributions
0.0000000
0.0000000
0.0000000
Partial accumulation amount/distributable income
0.0014985
0.0014985
0.0014985
of which non-deductible income-related expenses pursuant to Article 3 Para. 3 Sentence 3 No. 2 InvStG
0.0014985
0.0014985
0.0014985
Amount of distributed income
0.1112461
0.1112461
0.1112461
1 c) aa) Income as defined in Article 2 Para. 2 Sentence 1 InvStG in conjunction with No. 40 EStG, or in
0.1127446
0.0000000
1 c) bb) Capital gains within the meaning of Article 3 No. 40 EStG and Article 8b Para. 2 KStG
0.0000000
0.0000000
1 c) cc) Income within the meaning of Article 2 Para. 2a InvStG (interest limit) 1 c) dd) Tax-free old capital gains from securities, subscription rights and futures transactions in private assets (Article 2 III No. 1 Sentence 1 InvStG in the version to be used on 31 December 2008) 1 c) ee) Tax-free old capital gains from subscription rights to bonus shares in companies
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
1a)
2)
1b)
Contained in the distributed income: the case of Article 16 InvStG in conjunction with Article 8b Para. 1 KStG (Capital Gains Tax Act)
1 c) ff) Tax-free profits from the purchase and sale of German and foreign land outside the 10year period 1 c) gg) Income that is tax-exempt on the basis of DTA (in particular foreign rental income and profits from the purchase and sale of foreign land) 1 c) hh) DTA tax-free income included in gg) that is not subject to the progression provision
0.0000000 0.0000000 0.0000000
0.0000000
0.0000000
0.0000000
1 c) ii) Foreign income on which foreign withholding taxes were actually retained or are deemed retained, provided the foreign withholding tax was not treated as income-related expenses at the fund level 1 c) jj) Foreign income included in ii) within the meaning of Article 3 No. 40 EStG and Article 8b Para. 2
0.0305611
0.0305611
0.0305611
0.0305611
0.0000000
Income from foreign REITs included in ii) 1 c) kk) Foreign income on which foreign withholding taxes are considered to have been retained (notional withholding tax) included in ii) 1 c) ll) Foreign income included in kk) within the meaning of Article 3 No. 40 EStG and Article 8b Para. 2
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
InvStG or in the case of Article 16 InvStG in conjunction with Article 8b Para. 1 KStG
InvStG or in the case of Article 16 InvStG in conjunction with Article 8b Para. 1 KStG
1 c) mm)
1 d)
Income as defined in Article 18 Para. 22 Sentence 4 InvStG in conjunction with Article 8b Para. 1 of the Corporation Tax Act Capital gains tax measurement basis
0.0000000
0.1127446
0.1127446
0.1127446
1 d) aa) Income included in d) within the meaning of Article 7 Para. 1 and 2 InvStG
0.1127446
0.1127446
0.1127446
1 d) bb) Domestic dividends and taxable domestic real estate income included in d)
0.0000000
0.0000000
0.0000000
of which from German REITs 1 d) cc) Foreign dividends, capital gains, gains from writing options and futures transactions included in d) aa) of which from foreign REITs
0.0000000
0.0000000
0.0000000
0.1127446
0.1127446
0.1127446
0.0000000
0.0000000
0.0000000
0.0054916
0.0054916
0.0054916
0.0054916
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
1 f) Allowable/deductible and notional foreign withholding tax 1 f) aa) Deductible foreign withholding tax, provided it is not treated as income-related expenses on the fund level 1 f) bb) Deductible withholding tax on foreign income included in aa) within the meaning of Article 3 No. 40 EStG and Article 8b Para. 2 KStG, or in the case of Article 16 InvStG in conjunction with Article 8b Para. 1 KStG Deductible withholding tax on income from foreign REITs included in aa) 1 f) cc) Deductible foreign withholding tax 1 f) dd) Deductible withholding tax on foreign income included in cc) within the meaning of Article 3 No. 40 EStG and Article 8b Para. 2 KStG, or in the case of Article 16 InvStG in conjunction with Article 8b Para. 1 KStG 1 f) ee) Notionally deductible foreign withholding tax 1 f) ff) Notionally deductible withholding tax on foreign income included in ee) within the meaning of Article 3 No. 40 EStG and Article 8b Para. 2 KStG, or in the case of Article 16 InvStG in conjunction with Article 8b Para. 1 KStG
0.0000000
1 g)
Deduction for depreciation or depletion (for real estate)
0.0000000
0.0000000
0.0000000
1 h)
Total withholding tax paid and reimbursed in the financial year Total of the 10% non-deductible income-related expenses (Article 3 Para. 3 Sentence 2 No. 2 InvStG)
-0.0002739
-0.0002739
-0.0002739
0.0014985
0.0014985
0.0014985
1 i)
48 of 70
BlackRock Asset Management Deutschland AG Max-Joseph-Strasse 6 80333 Munich, Germany iShares STOXX Europe Mid 200 (DE) ISIN: DE0005933998 Bases of taxation pursuant to Article 5 Para. 1, Sentence 1, No. 1 and No. 2 InvStG (German Investment Tax Act) Financial year from 01/05/2013 to 30/04/2014 Ex date of the (interim) distribution: 16/09/2013 Value date: 16.09.2013 Date of dividend resolution: 15.08.2013 Article 5 Para. 1 Sentenc e 1 No. .... InvStG
Private assets
Operating assets Operating assets EStG (German Income Tax KStG (German Corporation Act) Tax Act)
EUR
EUR
EUR
Per unit
Per unit
Per unit
Amount of distribution
0.4469271
0.4469271
0.4469271
of which income equivalent to distributions from previous years
0.0000000
0.0000000
0.0000000
of which non-taxable repayment of principal/capital distributions
0.0000000
0.0000000
0.0000000
Partial accumulation amount/distributable income
0.0014548
0.0014548
0.0014548
of which non-deductible income-related expenses pursuant to Article 3 Para. 3 Sentence 3 No. 2 InvStG
0.0014548
0.0014548
0.0014548
Amount of distributed income
0.4469271
0.4469271
0.4469271
1 c) aa) Income as defined in Article 2 Para. 2 Sentence 1 InvStG in conjunction with No. 40 EStG, or in
0.4483819
0.0000000
1 c) bb) Capital gains within the meaning of Article 3 No. 40 EStG and Article 8b Para. 2 KStG
0.0000000
0.0000000
1 c) cc) Income within the meaning of Article 2 Para. 2a InvStG (interest limit) 1 c) dd) Tax-free old capital gains from securities, subscription rights and futures transactions in private assets (Article 2 III No. 1 Sentence 1 InvStG in the version to be used on 31 December 2008) 1 c) ee) Tax-free old capital gains from subscription rights to bonus shares in companies
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
1a)
2)
1b)
Contained in the distributed income: the case of Article 16 InvStG in conjunction with Article 8b Para. 1 KStG (Capital Gains Tax Act)
1 c) ff) Tax-free profits from the purchase and sale of German and foreign land outside the 10year period 1 c) gg) Income that is tax-exempt on the basis of DTA (in particular foreign rental income and profits from the purchase and sale of foreign land) 1 c) hh) DTA tax-free income included in gg) that is not subject to the progression provision
0.0000000 0.0000000 0.0000000
0.0000000
0.0000000
0.0000000
1 c) ii) Foreign income on which foreign withholding taxes were actually retained or are deemed retained, provided the foreign withholding tax was not treated as income-related expenses at the fund level 1 c) jj) Foreign income included in ii) within the meaning of Article 3 No. 40 EStG and Article 8b Para. 2
0.2086127
0.2086127
0.2086127
0.2086127
0.0000000
Income from foreign REITs included in ii) 1 c) kk) Foreign income on which foreign withholding taxes are considered to have been retained (notional withholding tax) included in ii) 1 c) ll) Foreign income included in kk) within the meaning of Article 3 No. 40 EStG and Article 8b Para. 2
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
InvStG or in the case of Article 16 InvStG in conjunction with Article 8b Para. 1 KStG
InvStG or in the case of Article 16 InvStG in conjunction with Article 8b Para. 1 KStG
1 c) mm)
1 d)
Income as defined in Article 18 Para. 22 Sentence 4 InvStG in conjunction with Article 8b Para. 1 of the Corporation Tax Act Capital gains tax measurement basis
0.0000000
0.4483819
0.4483819
0.4483819
1 d) aa) Income included in d) within the meaning of Article 7 Para. 1 and 2 InvStG
0.4089841
0.4089841
0.4089841
1 d) bb) Domestic dividends and taxable domestic real estate income included in d)
0.0393978
0.0393978
0.0393978
of which from German REITs 1 d) cc) Foreign dividends, capital gains, gains from writing options and futures transactions included in d) aa) of which from foreign REITs
0.0000000
0.0000000
0.0000000
0.4089841
0.4089841
0.4089841
0.0000000
0.0000000
0.0000000
0.0322867
0.0322867
0.0322867
0.0322867
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
1 f) Allowable/deductible and notional foreign withholding tax 1 f) aa) Deductible foreign withholding tax, provided it is not treated as income-related expenses on the fund level 1 f) bb) Deductible withholding tax on foreign income included in aa) within the meaning of Article 3 No. 40 EStG and Article 8b Para. 2 KStG, or in the case of Article 16 InvStG in conjunction with Article 8b Para. 1 KStG Deductible withholding tax on income from foreign REITs included in aa) 1 f) cc) Deductible foreign withholding tax 1 f) dd) Deductible withholding tax on foreign income included in cc) within the meaning of Article 3 No. 40 EStG and Article 8b Para. 2 KStG, or in the case of Article 16 InvStG in conjunction with Article 8b Para. 1 KStG 1 f) ee) Notionally deductible foreign withholding tax 1 f) ff) Notionally deductible withholding tax on foreign income included in ee) within the meaning of Article 3 No. 40 EStG and Article 8b Para. 2 KStG, or in the case of Article 16 InvStG in conjunction with Article 8b Para. 1 KStG
0.0000000
1 g)
Deduction for depreciation or depletion (for real estate)
0.0000000
0.0000000
0.0000000
1 h)
Total withholding tax paid and reimbursed in the financial year Total of the 10% non-deductible income-related expenses (Article 3 Para. 3 Sentence 2 No. 2 InvStG)
0.0238161
0.0238161
0.0238161
0.0014548
0.0014548
0.0014548
1 i)
49 of 70
Annual Report for iShares STOXX Europe Large 200 UCITS ETF (DE) for the period from 01/05/2013 to 30/04/2014
Fund Management Activity Report Investment objectives and policies The investment fund iShares STOXX EU Europe Large 200 UCITS ETF (DE), which operated under the name iShares STOXX Europe Large 200 (DE) until 19 January 2014, is an exchange-traded index fund (ETF) that tracks the performance of the STOXX® Europe Large 200 (price index) as closely as possible. This index replicates the 200 largest equities by market capitalisation of the STOXX® Europe 600 Index. This index, in turn, replicates large, mid and small-cap companies in 18 developed economies of Europe. The product represents market capitalisation based on the current share price and the total number of shares of a company. In order to replicate the index, the investment fund uses a passive investment approach to invest directly in the securities included in the index in accordance with their weighting in the index.
Structure of the investment fund with regard to investment objectives and significant changes during the reporting period The duplication percentage of the fund in comparison with the benchmark index was 99.883% at the end of the reporting period. Inflows during the reporting period were also invested in line with the weighting of the shares in the index. Dividends are accumulated in the fund. The fund may enter into securities lending transactions. iShares STOXX Europe Large 200 UCITS ETF (DE) is a distributing fund. Income is distributed after expenses have been offset in the course of interim distributions or, as the case may be, six weeks after the end of the financial year. The realised profits and losses are primarily the result of transactions involving bonds that were carried out as a consequence of changes in indices, corporate actions and the redemption of shares. Changes to the index published by the index provider were directly taken into account in the fund.
New inclusions 01.05.2013 24.06.2013 24.06.2013 24.06.2013 08.07.2013 23.09.2013 23.09.2013 23.09.2013 23.12.2013 23.12.2013 23.12.2013 23.12.2013 24.03.2014 24.03.2014
Beiersdorf AG Inhaber-Aktien o.N. Brenntag AG Namens-Aktien o.N. Kerry Group PLC Registered Shares A EO 0.125 AGEAS SA/NV Actions Nominatives o.N. OSRAM Licht AG Namens-Aktien o.N. Kabel Deutschland Holding AG Inhaber-Aktien o.N. ITV PLC Registered Shares LS -,10 Adecco S.A. Namens-Aktien SF 1 Commerzbank AG Inhaber-Aktien o.N. KBC Groep N.V. Parts Sociales Port. o.N. Kon. KPN N.V. Aandelen aan toonder EO -,04 Bouygues S.A. Actions Port. EO 1 Banco de Sabadell S.A. Acciones Nom. Serie A EO 0.125 Alcatel-Lucent Actions au Port. (C.R.)EO 0.05
DE0005200000 DE000A1DAHH0 IE0004906560 BE0974264930 DE000LED4000 DE000KD88880 GB0033986497 CH0012138605 DE000CBK1001 BE0003565737 NL0000009082 FR0000120503 ES0113860A34 FR0000130007
Removals 01.05.2013
Xstrata PLC Registered Shares DL -,50
GB0031411001
24.06.2013
Subsea 7 S.A. Registered Shares DL 2
LU0075646355
24.06.2013
Commerzbank AG Inhaber-Aktien o.N.
DE000CBK1001
24.06.2013
Antofagasta PLC Registered Shares LS -,05
GB0000456144
09.07.2013
OSRAM Licht AG Namens-Aktien o.N.
DE000LED4000
23.09.2013
Randgold Resources Ltd. Registered Shares DL -,05
GB00B01C3S32
23.09.2013
Saipem S.p.A. Azioni nom. EO 1
23.09.2013
K+S Aktiengesellschaft Namens-Aktien o.N.
23.12.2013
Yara International ASA Navne-Aksjer NK 1.70
23.12.2013
Aggreko PLC Registered Shares LS-,13708387
23.12.2013
Swedish Match AB Namn-Aktier SK 1.20
23.12.2013
Kabel Deutschland Holding AG Inhaber-Aktien o.N.
24.03.2014
Alstom S.A. Actions Port. EO 7
FR0010220475
24.03.2014
CNH Industrial N.V. Aandelen op naam EO 0.01
NL0010545661
IT0000068525 DE000KSAG888 NO0010208051 GB00B4WQ2Z29 SE0000310336 DE000KD88880
50 of 70
Annual Report for iShares STOXX Europe Large 200 UCITS ETF (DE) for the period from 01/05/2013 to 30/04/2014
Material risks and events in the reporting period
Market price risk In order to achieve the investment objective of tracking the performance of the STOXX® Europe Large 200 price index as closely as possible in the reporting period, fund management pursued an exclusively passive investment approach. Accordingly, as part of the fund management activities affecting this investment fund, no risks were actively managed or entered into. Throughout the reporting period, the investment fund was subject to the general and specific market price risk arising from individual securities. Throughout the reporting period, the investment fund implemented the individual selection of securities within the investment universe prescribed by the provider of the index. The investment fund was thus subject to a high market price risk.
Currency risk As prescribed by the index, the investment fund invested in European equities in the reporting period. There was thus a moderate level of risk for EUR investors.
Liquidity risk The assets held in the investment fund were at all times liquid, so that the liquidity risk can be regarded as low.
Operational risk Operational risks for the investment fund are managed using BlackRock Asset Management Deutschland AG’s risk management system. Business areas/processes that are significant for this investment fund and which are outsourced by BlackRock Asset Management Deutschland AG to third parties are subject to an outsourcing control process within BlackRock Asset Management Deutschland AG. This includes the outsourcing of fund accounting to State Street Bank GmbH, Munich, as well as the intragroup outsourcing of the trade management process to BlackRock Investment Management (UK) Limited, London. Processes that are material to this investment fund and its related operational risks are subject to a process of regularly identifying, analysing and monitoring operational risks. If operational risks materialise, these events are recorded immediately in a risk database for appropriate documentation and analysis and steps are initiated and taken to minimise the operational risks. With events that affect the investment fund, the company generally compensates for any losses incurred.
51 of 70
Annual Report for iShares STOXX Europe Large 200 UCITS ETF (DE) for the period from 01/05/2013 to 30/04/2014
Statement of assets and liabilities as at 30/04/2014 Market value
% of fund
in EUR
assets13)
I. Assets
44.315.066,16
100.01
1. Shares
43.799.904,03
98,85
Belgium Bermuda Denmark Germany Finland France United Kingdom (UK) Ireland Italy Jersey Luxembourg Netherlands Norway Austria Sweden Switzerland Spain
661.707,78 69.875,01 797.531,10 6.409.077,35 443.313,73 6.802.085,87 13.076.195,85 262.880.19 1.456.069,16 855.550.27 220.086,20 1.850.905,46 367.897,91 54.306,55 1.868.716,14 6.486.248,00 2.117.457,46
1,49 0.16 1,80 14,46 1,00 15,35 29,51 0.59 3,29 1,93 0.50 4,18 0.83 0.12 4,22 14,64 4,78
2. Receivables
180.475,63
0.41
3. Bank accounts
334.686,50
0.76
II. Liabilities
-6.461,07
-0.01
Other liabilities
-6.461,07
-0.01
44.308.605,09
100.00
III. Fund assets 13) Rounding of percentages during the calculation may result in slight rounding differences.
52 of 70
Annual Report for iShares STOXX Europe Large 200 UCITS ETF (DE) for the period from 01/05/2013 to 30/04/2014
Statement of net assets as at 30/04/2014
Designation of class of security
ISIN
Marke t
Units, shares or currency in 1,000s
As at Purchases/ Sales/ 30 April 2014 Additions Disposals in the reporting period
Price
Securities Exchange-traded securities
Market value in EUR
% of fund 14) assets
43.799.904,03
98,85
43.528.525,69
98,24
42.366.160.89
95,62
Shares A.P.Møller-Mærsk A/S Navne-Aktier B DK 1000
DK0010244508
UNITS
63
65
7 DKK
12.820.000
108.209,38
0.24
ABB Ltd. Namens-Aktien SF 1.03
CH0012221716
UNITS
18.184
15.511
5.418 CHF
21,140
314.886,80
0.71
Adecco S.A. Namens-Aktien SF 1
CH0012138605
UNITS
1.327
1.331
4 CHF
73,550
79.949,11
0.18
adidas AG Namens-Aktien o.N.
DE000A1EWWW0
UNITS
1.643
1.395
481 EUR
76,930
126.395,99
0.29
AEGON N.V. Aandelen op naam(demat.)EO 0.12
NL0000303709
UNITS
14.405
12.228
4.073 EUR
6,535
94.136,68
0.21
AGEAS SA/NV Actions Nominatives o.N.
BE0974264930
UNITS
1.743
2.393
650 EUR
30.985
54.006,86
0.12
Ahold N.V., Kon. Aandelen aan toonder EO -0.01
NL0010672325
UNITS
6.498
6.498
0 EUR
13,905
90.354,69
0.20
Air Liquide-SA Ét.Expl.P.G.Cl. Actions Port. EO 5.50
FR0000120073
UNITS
2.458
2.090
721 EUR
103,100
253.419,80
0.57
Airbus Group N.V. Aandelen op naam EO 1
NL0000235190
UNITS
4.561
4.161
1.256 EUR
49,490
225.723,89
0.51
Akzo Nobel N.V. Aandelen aan toonder EO 2
NL0000009132
UNITS
1.901
1.609
538 EUR
55,490
105.486,49
0.24
Alcatel-Lucent Actions au Port. (C.R.)EO 0.05
FR0000130007
UNITS
21.681
21.681
- EUR
2,882
62.484,64
0.14
Allianz SE vink.Namens-Aktien o.N.
DE0008404005
UNITS
3.541
3.022
1.057 EUR
124,850
442.093,85
1,00
Amadeus IT Holding S.A. Acciones Port. EO 0.01
ES0109067019
UNITS
3.339
2.836
977 EUR
29,955
100.019,75
0.23
Anglo American PLC Registered Shares DL -,54945
GB00B1XZS820
UNITS
11.045
9.388
3.239 GBP
15,820
212.789,87
0.48
Anheuser-Busch InBev N.V./S.A. Actions au Port. o.N.
BE0003793107
UNITS
5.977
5.100
1.714 EUR
78,440
468.835,88
1,06
ArcelorMittal S.A. Actions Nouvelles Nominat. o.N.
LU0323134006
UNITS
7.937
6.753
2.334 EUR
11,705
92.902,59
0.21
ARM Holdings PLC Registered Shares LS -,0005
GB0000595859
UNITS
10.976
9.370
3.187 GBP
8,915
119.163,76
0.27
ASML Holding N.V. Aandelen op naam EO 0.09
NL0010273215
UNITS
3.015
2.584
812 EUR
59,430
179.181,45
0.40
Assa-Abloy AB Namn-Aktier B SK 1
SE0000255648
UNITS
2.609
2.218
765 SEK
344,200
99.382,21
0.22
Assicurazioni Generali S.p.A. Azioni nom. EO 1
IT0000062072
UNITS
10.499
8.931
3.086 EUR
16,830
176.698,17
0.40
Associated British Foods PLC Registered Shares LS ,0568 Astrazeneca PLC Registered Shares DL -,25
GB0006731235
UNITS
2.830
2.406
830 GBP
29,710
102.392,43
0.23
GB0009895292
UNITS
9.781
8.346
2.917 GBP
46,640
555.546,67
1,25
Atlas Copco AB Namn-Aktier A (fria) SK 0.2085
SE0000101032
UNITS
5.066
4.308
1.488 SEK
188,200
105.513,61
0.24
Aviva PLC Registered Shares LS -,25
GB0002162385
UNITS
23.150
19.685
6.797 GBP
5,255
148.150.28
0.33
AXA S.A. Actions Port. EO 2.29
FR0000120628
UNITS
16.039
13.641
4.712 EUR
18,775
301.132,23
0.68
BAE Systems PLC Registered Shares LS -,025
GB0002634946
UNITS
25.140
21.769
7.990 GBP
4,000
122.462,75
0.28
Banco Bilbao Vizcaya Argent. Acciones Nom. EO 0.49
ES0113211835
UNITS
45.293
38.724
12.410 EUR
8,845
400.616,59
0.90
Banco de Sabadell S.A. Acciones Nom. Serie A EO 0.125 Banco Santander S.A. Acciones Nom. EO 0.50
ES0113860A34
UNITS
29.725
29.981
256 EUR
2,450
72.826,25
0.16
ES0113900J37
UNITS
90.502
78.463
23.912 EUR
7,167
648.627,83
1,46
Barclays PLC Registered Shares LS 0.25
GB0031348658
UNITS
117.909
104.831
26.518 GBP
2,522
362.135,24
0.82
BASF SE Namens-Aktien o.N.
DE000BASF111
UNITS
7.196
6.143
2.148 EUR
83,430
600.362,28
1,35
Bayer AG Namens-Aktien o.N.
DE000BAY0017
UNITS
6.474
5.518
1.924 EUR
100.000
647.400.00
1,46
Bayerische Motoren Werke AG Stammaktien EO 1
DE0005190003
UNITS
2.524
2.148
744 EUR
90.180
227.614,32
0.51
Beiersdorf AG Inhaber-Aktien o.N.
DE0005200000
UNITS
781
1.014
233 EUR
72,260
56.435,06
0.13
BG Group PLC Registered Shares LS -,10
GB0008762899
UNITS
26.511
22.623
7.908 GBP
11,980
386.777,92
0.87
BHP Billiton PLC Registered Shares DL -,50
GB0000566504
UNITS
16.723
14.266
4.984 GBP
19,190
390.812,02
0.88
BNP Paribas S.A. Actions Port. EO 2
FR0000131104
UNITS
8.284
7.072
2.474 EUR
54,110
448.247,24
1,01
Bouygues S.A. Actions Port. EO 1
FR0000120503
UNITS
1.977
1.977
- EUR
32,415
64.084,46
0.14
BP PLC Registered Shares DL -,25
GB0007980591
UNITS
144.152
125.838
47.752 GBP
4,992
876.342,75
1,98
Brenntag AG Namens-Aktien o.N.
DE000A1DAHH0
UNITS
404
519
115 EUR
130.350
52.661,40
0.12
British American Tobacco PLC Registered Shares LS - GB0002875804 ,25 British Land Co. PLC, The Registered Shares LS -,25 GB0001367019
UNITS
14.814
12.854
5.092 GBP
34,170
616.447,46
1,39
UNITS
7.935
7.035
2.235 GBP
6,905
66.725,13
0.15
British Sky Broadcast. Grp PLC Registered Shares LS - GB0001411924 ,50 BT Group PLC Registered Shares LS 0.05 GB0030913577
UNITS
7.608
6.456
2.207 GBP
8,800
81.532,72
0.18
UNITS
63.827
54.463
19.036 GBP
3,685
286.431,44
0.65
Burberry Group PLC Registered Shares LS-,0005
UNITS
3.482
2.952
997 GBP
14,850
62.970.04
0.14
GB0031743007
53 of 70
Annual Report for iShares STOXX Europe Large 200 UCITS ETF (DE) for the period from 01/05/2013 to 30/04/2014 Units, shares or currency in 1,000s
Price
Market value in EUR
% of fund 14) assets
371 EUR
50.910
64.146,60
0.14
1.539 GBP
10.850
69.369,38
0.16
239 DKK
537,500
59.123,20
0.13
4.161
1.351 EUR
28,030
136.814,43
0.31
40.913
34.836
11.868 GBP
3,300
164.419,76
0.37
424
360
124 EUR
148,150
62.815,60
0.14
UNITS
4.102
4.118
16 CHF
89,300
300.059,35
0.68
FR0000121261
UNITS
1.470
1.253
417 EUR
88,000
129.360.00
0.29
Commerzbank AG Inhaber-Aktien o.N.
DE000CBK1001
UNITS
7.422
9.956
4.057 EUR
12,805
95.038,71
0.21
Compagnie de Saint-Gobain S.A. Actions au Porteur (C.R.) EO 4 Compass Group PLC Registered Shares LS -,10
FR0000125007
UNITS
3.601
3.066
1.013 EUR
44,020
158.516,02
0.36
GB0005331532
UNITS
14.131
12.127
4.426 GBP
9,420
162.107,29
0.37
Continental AG Inhaber-Aktien o.N.
DE0005439004
UNITS
848
730
231 EUR
168,850
143.184,80
0.32
CRH PLC Registered Shares EO 0.32
IE0001827041
UNITS
5.807
4.927
1.647 EUR
20.910
121.424,37
0.27
Crédit Agricole S.A. Actions Port. EO 3
FR0000045072
UNITS
8.664
7.369
2.546 EUR
11,355
98.379,72
0.22
Daimler AG Namens-Aktien o.N.
DE0007100000
UNITS
7.695
6.565
2.294 EUR
66,730
513.487,35
1,16
Danone S.A. Actions Port.(C.R) EO 0.25
FR0000120644
UNITS
4.593
3.916
1.390 EUR
53,160
244.163,88
0.55
Danske Bank AS Navne-Aktier DK 10
DK0010274414
UNITS
5.363
5.164
1.995 DKK
152,000
109.216,37
0.25
Deutsche Bank AG Namens-Aktien o.N.
DE0005140008
UNITS
8.011
7.089
2.322 EUR
31,760
254.429,36
0.57
Deutsche Börse AG Namens-Aktien o.N.
DE0005810055
UNITS
1.516
1.287
443 EUR
52,790
80.029,64
0.18
Deutsche Post AG Namens-Aktien O.N.
DE0005552004
UNITS
7.451
6.476
2.162 EUR
27,135
202.182,89
0.46
Deutsche Telekom AG Namens-Aktien o.N.
DE0005557508
UNITS
23.893
20.279
6.763 EUR
12,085
288.746,91
0.65
Diageo PLC Reg. Shares LS -,28935185
GB0002374006
UNITS
19.580
16.711
5.843 GBP
18,175
433.377,00
0.98
DNB ASA Navne-Aksjer A NK 10
NO0010031479
UNITS
7.187
6.108
2.106 NOK
105,100
91.464,62
0.21
E.ON SE Namens-Aktien o.N.
DE000ENAG999
UNITS
15.725
13.371
4.616 EUR
13,785
216.769,13
0.49
ENEL S.p.A. Azioni nom. EO 1
IT0003128367
UNITS
50.078
42.577
14.697 EUR
4,074
204.017,77
0.46
ENI S.p.A. Azioni nom. o.N.
IT0003132476
UNITS
20.947
17.873
6.246 EUR
18,710
391.918,37
0.88
Ericsson Namn-Aktier B (fria) o.N.
SE0000108656
UNITS
23.916
20.325
7.009 SEK
78,500
207.769,55
0.47
Erste Group Bank AG Inhaber-Aktien o.N.
AT0000652011
UNITS
2.245
2.031
739 EUR
24,190
54.306,55
0.12
Essilor Intl -Cie Génle Opt.SA Actions Port. EO 0.18
FR0000121667
UNITS
1.693
1.432
481 EUR
77,090
130.513,37
0.29
Experian PLC Registered Shares DL -,10
GB00B19NLV48
UNITS
8.042
6.841
2.364 GBP
11,360
111.255,41
0.25
Fortum Oyj Registered Shares EO 3.40
FI0009007132
UNITS
3.429
2.917
1.008 EUR
16,270
55.789,83
0.13
Fresenius Medical Care KGaA Inhaber-Aktien o.N.
DE0005785802
UNITS
1.659
1.409
473 EUR
49,550
82.203,45
0.19
Fresenius SE & Co. KGaA Inhaber-Aktien o.N.
DE0005785604
UNITS
1.014
864
299 EUR
109,550
111.083,70
0.25
GdF Suez S.A. Actions Port. EO 1
FR0010208488
UNITS
11.996
10.521
3.482 EUR
18,175
218.027,30
0.49
Geberit AG Nam.-Akt. (Dispost.) SF 0.10
CH0030170408
UNITS
298
254
91 CHF
293,300
71.595,94
0.16
Givaudan SA Namens-Aktien SF 10
CH0010645932
UNITS
64
52
14 CHF
1.387,000
72.713,74
0.16
GlaxoSmithKline PLC Registered Shares LS -,25
GB0009252882
UNITS
38.247
32.604
11.375 GBP
16,320
760.144,72
1,72
Glencore PLC Registered Shares DL 0.01
JE00B4T3BW64
UNITS
77.861
91.153
24.890 GBP
3,185
302.000.86
0.68
Groupe FNAC Anrechte
FR0011474998
UNITS
5
357
352 EUR
3,500
17,50
0.00
H & M Hennes & Mauritz AB Namn-Aktier B SK 0.125
SE0000106270
UNITS
7.411
6.297
2.171 SEK
264,800
217.179,33
0.49
HeidelbergCement AG Inhaber-Aktien o.N.
DE0006047004
UNITS
1.114
948
328 EUR
62,520
69.647,28
0.16
Heineken N.V. Aandelen aan toonder EO 1.60
NL0000009165
UNITS
1.695
1.441
498 EUR
50.000
84.750.00
0.19
Henkel AG & Co. KGaA Inhaber-Vorzugsaktien o.St.o.N DE0006048432
UNITS
1.399
1.188
410 EUR
80.270
112.297,73
0.25
Holcim Ltd. Namens-Aktien SF 2
CH0012214059
UNITS
1.774
1.512
525 CHF
80.600
117.124,76
0.26
HSBC Holdings PLC Registered Shares DL -,50
GB0005405286
UNITS
145.796
124.544
42.853 GBP
6,041
1.072.588,65
2,42
Iberdrola S.A. Acciones Port. EO 0.75
ES0144580Y14
UNITS
42.923
36.994
11.611 EUR
5,035
216.117,31
0.49
Imperial Tobacco Group PLC Registered Shares LS -,10 GB0004544929
UNITS
7.544
6.534
2.431 GBP
25,570
234.915,22
0.53
Industria de Diseño Textil SA Acciones Port. EO 0.15
ES0148396015
UNITS
1.665
1.414
487 EUR
108,150
180.069,75
0.41
Infineon Technologies AG Namens-Aktien o.N.
DE0006231004
UNITS
8.510
7.240
2.502 EUR
8,379
71.305,29
0.16
ING Groep N.V. Cert.v.Aandelen EO 0.24
NL0000303600
UNITS
30.231
25.795
9.016 EUR
10.235
309.414,29
0.70
Intesa Sanpaolo S.p.A. Azioni nom. EO 0.52
IT0000072618
UNITS
109.777
93.339
32.221 EUR
2,460
270.051,42
0.61
Marke t
As at Purchases/ Sales/ 30 April 2014 Additions Disposals in the reporting period
Designation of class of security
ISIN
Cap Gemini S.A. Actions Port. EO 8
FR0000125338
UNITS
1.260
1.068
Capita PLC Reg. Shares LS -,02066666
GB00B23K0M20
UNITS
5.250
4.462
Carlsberg AS Navne-Aktier B DK 20
DK0010181759
UNITS
821
697
Carrefour S.A. Actions Port. EO 2.5
FR0000120172
UNITS
4.881
Centrica PLC Reg. Shares LS -,061728395
GB00B033F229
UNITS
Christian Dior S.A. Actions Port. EO 2
FR0000130403
UNITS
Cie Financière Richemont AG Namens-Aktien SF 1
CH0210483332
Cie Génle Éts Michelin SCpA Actions Nom. EO 2
54 of 70
Annual Report for iShares STOXX Europe Large 200 UCITS ETF (DE) for the period from 01/05/2013 to 30/04/2014 Marke t
Units, shares or currency in 1,000s
Price
Market value in EUR
% of fund 14) assets
1.052 SEK
251,500
99.614,69
0.22
- GBP
1,820
64.852,16
0.15
1.408
489 GBP
32,730
65.886,68
0.15
1.759
1.497
518 CHF
41,150
59.291,95
0.13
1.924
1.924
- EUR
43,910
84.482,84
0.19
589
503
175 EUR
159,400
93.886,60
0.21
1.511
326 EUR
56,900
67.426,50
0.15
15.775
5.448 GBP
4,181
94.450.19
0.21
23.726
- EUR
2,562
60.786,01
0.14
3.011
2.794
451 EUR
30.820
92.799,02
0.21
As at Purchases/ Sales/ 30 April 2014 Additions Disposals in the reporting period
Designation of class of security
ISIN
Investor AB Namn-Aktier B (fria) SK 6.25
SE0000107419
UNITS
3.579
3.044
ITV PLC Registered Shares LS -,10
GB0033986497
UNITS
29.260
29.260
Johnson, Matthey PLC Registered Shares LS 1.047619 GB00B70FPS60
UNITS
1.653
Julius Baer Gruppe AG Namens-Aktien SF 0.02
CH0102484968
UNITS
KBC Groep N.V. Parts Sociales Port. o.N.
BE0003565737
UNITS
Kering S.A. Actions Port. EO 4
FR0000121485
UNITS
Kerry Group PLC Registered Shares A EO 0.125
IE0004906560
UNITS
1.185
Kingfisher PLC Reg. Shares LS -,157142857
GB0033195214
UNITS
18.550
Kon. KPN N.V. Aandelen aan toonder EO -0.04
NL0000009082
UNITS
23.726
Corp. (New) Registered Shares Cl.B o.N.
FI0009013403
UNITS
Koninklijke DSM N.V. Aandelen op naam EO 1.50
NL0000009827
UNITS
1.425
1.231
384 EUR
51,680
73.644,00
0.17
Koninklijke Philips N.V. Aandelen aan toonder EO 0.20 NL0000009538
UNITS
7.369
6.447
2.245 EUR
23,075
170.039,68
0.38
Lafarge S.A. Actions au Porteur EO 4
FR0000120537
UNITS
1.395
1.183
407 EUR
65,850
91.860.75
0.21
Land Securities Group PLC Registered Shares LS 0.10 GB0031809436
UNITS
6.236
5.311
1.810 GBP
10.620
80.650.93
0.18
Legal & General Group PLC Registered Shares LS -,025GB0005603997
UNITS
46.065
39.169
13.523 GBP
2,118
118.816,23
0.27
Legrand S.A. Actions au Port. EO 4
FR0010307819
UNITS
2.065
1.763
560 EUR
46,500
96.022,50
0.22
Linde AG Inhaber-Aktien o.N.
DE0006483001
UNITS
1.374
1.236
506 EUR
149,450
205.344,30
0.46
Lloyds Banking Group PLC Registered Shares LS -,10
GB0008706128
UNITS
374.785
324.995
97.808 GBP
0.754
343.955,17
0.78
LVMH Moët Henn. L. Vuitton SA Actions Port. (C.R.) EO FR0000121014 0.3 Marks & Spencer Group PLC Registered Shares LS -,25 GB0031274896
UNITS
2.098
1.787
620 EUR
141,750
297.391,50
0.67
UNITS
12.578
10.692
3.690 GBP
4,411
67.565,88
0.15
Merck KGaA Inhaber-Aktien o.N.
DE0006599905
UNITS
506
435
154 EUR
121,550
61.504,30
0.14
Morrison Supermarkets PLC, Wm. Registered Shares LS 0.10 Münchener Rückvers.-Ges. AG vink.Namens-Aktien o.N. National Grid PLC Reg. Shares New LS -,11395
GB0006043169
UNITS
18.421
15.660
5.405 GBP
2,009
45.068,38
0.10
DE0008430026
UNITS
1.265
1.076
372 EUR
166,450
210.559,25
0.48
GB00B08SNH34
UNITS
30.173
25.741
8.693 GBP
8,405
308.841,01
0.70
Nestlé S.A. Namens-Aktien SF 0.10
CH0038863350
UNITS
25.245
21.520
7.508 CHF
67,950
1.405.157,13
3,17
NEXT PLC Registered Shares LS 0.10
GB0032089863
UNITS
1.218
1.060
408 GBP
65,200
96.710.50
0.22
Nokia Corp. Registered Shares EO 0.06
FI0009000681
UNITS
29.427
25.013
8.630 EUR
5,395
158.758,67
0.36
Nordea Bank AB Namn-Aktier EO 0.40
SE0000427361
UNITS
24.915
21.663
5.877 SEK
93,950
259.048,67
0.58
Novartis AG Namens-Aktien SF 0.50
CH0012005267
UNITS
21.185
18.058
6.299 CHF
76,300
1.324.076,45
2,99
Novo-Nordisk AS Navne-Aktier B DK 0.20
DK0060534915
UNITS
16.022
16.080
58 DKK
242,700
520.982,15
1,18
Old Mutual PLC Reg.Shares LS-,114285714
GB00B77J0862
UNITS
38.246
32.518
11.225 GBP
1,997
93.012,82
0.21
Orange S.A. Actions Port. EO 4
FR0000133308
UNITS
15.206
12.929
4.463 EUR
11,675
177.530.05
0.40
Oréal S.A., L' Actions Port. EO 0.2
FR0000120321
UNITS
1.872
1.589
547 EUR
124,000
232.128,00
0.52
Pearson PLC Registered Shares LS -,25
GB0006776081
UNITS
6.420
5.454
1.880 GBP
11,090
86.705,24
0.20
Pernod-Ricard S.A. Actions Port. (C.R.) o.N.
FR0000120693
UNITS
1.628
1.387
481 EUR
86,510
140.838,28
0.32
Porsche Automobil Holding SE Inhaber-Vorzugsaktien o.St.o.N Prudential PLC Registered Shares LS -,05
DE000PAH0038
UNITS
1.202
1.021
352 EUR
79,350
95.378,70
0.22
GB0007099541
UNITS
19.975
17.046
5.959 GBP
13,585
330.464,79
0.75
Publicis Groupe S.A. Actions Port. EO 0.40
FR0000130577
UNITS
1.415
1.209
412 EUR
61,400
86.881,00
0.20
Reckitt Benckiser Group Registered Shares LS -,10
GB00B24CGK77
UNITS
5.135
4.377
1.527 GBP
47,750
298.601,91
0.67
Reed Elsevier N.V. Aandelen op naam EO 0.07
NL0006144495
UNITS
5.239
4.603
1.741 EUR
14,705
77.039,50
0.17
Reed Elsevier PLC Registered Shares LS -,144397
GB00B2B0DG97
UNITS
9.140
7.881
2.899 GBP
8,720
97.060.26
0.22
Renault S.A. Actions Port. EO 3.81
FR0000131906
UNITS
1.625
1.386
482 EUR
70.150
113.993,75
0.26
Repsol S.A. Acciones Port. EO 1
ES0173516115
UNITS
6.348
5.386
1.809 EUR
19,400
123.151,20
0.28
Rio Tinto PLC Registered Shares LS -,10
GB0007188757
UNITS
9.820
8.381
2.930 GBP
32,245
385.613,85
0.87
Rolls Royce Holdings PLC Registered Shares LS 0.20
GB00B63H8491
UNITS
14.728
12.526
4.326 GBP
10.500
188.326,67
0.43
Royal Bk of Scotld Grp PLC,The Registered Shares LS GB00B7T77214 1 Royal Dutch Shell Reg. Shares Class A EO -,07 GB00B03MLX29
UNITS
17.398
14.780
4.717 GBP
2,988
63.308,01
0.14
UNITS
30.222
25.828
8.627 EUR
28,545
862.686,99
1,95
RWE AG Inhaber-Stammaktien o.N.
DE0007037129
UNITS
3.792
3.247
1.160 EUR
27,485
104.223,12
0.24
Ryanair Holdings PLC Registered Shares EO 0.00635
IE00B1GKF381
UNITS
10.823
9.572
3.788 EUR
6,840
74.029,32
0.17
SABMiller PLC Registered Shares DL -,10
GB0004835483
UNITS
7.898
6.739
2.355 GBP
32,205
309.755,61
0.70
55 of 70
Annual Report for iShares STOXX Europe Large 200 UCITS ETF (DE) for the period from 01/05/2013 to 30/04/2014 Units, shares or currency in 1,000s
Price
Market value in EUR
% of fund 14) assets
682 EUR
48,445
123.147,19
0.28
1.114 EUR
35,790
135.966,21
0.31
2.552 SEK
91,750
88.480.45
0.20
8.039
2.803 EUR
78,020
736.040.68
1,66
7.423
6.389
2.186 EUR
58,040
430.830.92
0.97
4.534
3.892
1.270 EUR
67,550
306.271,70
0.69
UNITS
2.781
2.365
816 NOK
207,500
69.875,01
0.16
LU0088087324
UNITS
2.505
2.130
735 EUR
27,145
67.998,23
0.15
SGS S.A. Namens-Aktien SF 1
CH0002497458
UNITS
44
42
17 CHF
2.195,000
79.112,89
0.18
Shire PLC Registered Shares LS -,05
JE00B2QKY057
UNITS
4.679
4.021
1.292 GBP
33,780
192.482,58
0.43
Siemens AG Namens-Aktien o.N.
DE0007236101
UNITS
6.513
5.556
1.940 EUR
95,000
618.735,00
1,40
Skandinaviska Enskilda Banken Namn-Aktier A (fria) SK SE0000148884 10 SKF, AB Namn-Aktier B (fria) SK 0.625 SE0000108227
UNITS
12.372
10.503
3.504 SEK
89,550
122.610.93
0.28
UNITS
2.968
2.515
850 SEK
168,000
55.181,93
0.12
Smith & Nephew PLC Registered Shares DL -,20
GB0009223206
UNITS
7.267
6.189
2.037 GBP
9,195
81.374,00
0.18
Snam S.p.A. Azioni nom. o.N.
IT0003153415
UNITS
16.331
15.251
4.733 EUR
4,332
70.745,89
0.16
Société Générale S.A. Actions Port. EO 1.25
FR0000130809
UNITS
6.275
5.331
1.759 EUR
44,800
281.120.00
0.63
Sodexo S.A. Actions Port. EO 4
FR0000121220
UNITS
770
654
225 EUR
77,700
59.829,00
0.14
Solvay S.A. Actions au Porteur A o.N.
BE0003470755
UNITS
466
398
138 EUR
116,700
54.382,20
0.12
SSE PLC Shs LS-,50
GB0007908733
UNITS
7.532
6.403
2.209 GBP
15,250
139.881,06
0.32
Standard Chartered PLC Registered Shares DL -,50
GB0004082847
UNITS
15.473
13.158
4.544 GBP
12,815
241.474,85
0.54
Standard Life PLC Registered Shares LS -,10
GB00B16KPT44
UNITS
18.496
15.724
5.426 GBP
3,822
86.088,92
0.19
Statoil ASA Navne-Aksjer NK 2.50
NO0010096985
UNITS
8.414
7.157
2.473 NOK
180.400
183.798,44
0.41
Svenska Cellulosa AB Namn-Aktier B (fria) SK 10
SE0000112724
UNITS
4.851
4.112
1.381 SEK
182,100
97.760.84
0.22
Svenska Handelsbanken AB Namn-Aktier A (fria) SK 4.30 Swatch Group AG, The Inhaber-Aktien SF 2.25
SE0000193120
UNITS
3.859
3.278
1.130 SEK
326,300
139.352,75
0.31
CH0012255151
UNITS
244
210
73 CHF
564,500
112.827,20
0.25
Swedbank AB Namn-Aktier A o.N.
SE0000242455
UNITS
7.336
6.235
2.150 SEK
172,700
140.208,83
0.32
Swiss Re AG Namens-Aktien SF 0.10
CH0126881561
UNITS
2.680
2.279
787 CHF
76,850
168.709,18
0.38
Swisscom AG Namens-Aktien SF 1
CH0008742519
UNITS
175
148
51 CHF
535,000
76.692,32
0.17
Syngenta AG Nam.-Aktien SF 0.10
CH0011037469
UNITS
730
626
220 CHF
348,600
208.454,03
0.47
Technip S.A. Actions au Porteur o.N.
FR0000131708
UNITS
843
717
247 EUR
81,100
68.367,30
0.15
Telecom Italia S.p.A. Azioni nom. o.N.
IT0003497168
UNITS
75.994
69.105
29.255 EUR
0.924
70.180.46
0.16
Telefónica S.A. Acciones Port. EO 1
ES0178430E18
UNITS
31.154
26.591
9.299 EUR
12,070
376.028,78
0.85
Telenor ASA Navne-Aksjer NK 6
NO0010063308
UNITS
5.484
4.820
1.837 NOK
139,500
92.634,85
0.21
TeliaSonera AB Namn-Aktier SK 3.20
SE0000667925
UNITS
17.898
15.227
5.027 SEK
47,160
93.411,85
0.21
Tenaris S.A. Actions Nom. DL 1
LU0156801721
UNITS
3.667
3.119
1.078 EUR
16,140
59.185,38
0.13
Tesco PLC Registered Shares LS -,05
GB0008847096
UNITS
63.065
53.821
17.290 GBP
2,930
224.988,68
0.51
ThyssenKrupp AG Inhaber-Aktien o.N.
DE0007500001
UNITS
3.411
3.080
1.007 EUR
20.520
69.993,72
0.16
Total S.A. Actions au Porteur EO 2.50
FR0000120271
UNITS
18.605
15.977
5.107 EUR
51,480
957.785,40
2,16
Tullow Oil PLC Registered Shares LS -,10
GB0001500809
UNITS
7.101
6.039
2.086 GBP
8,800
76.099,35
0.17
UBS AG Namens-Aktien SF 0.10
CH0024899483
UNITS
28.055
23.938
8.366 CHF
18,400
422.851,77
0.95
Unibail-Rodamco S.A. Actions Port. EO 5)
FR0000124711
UNITS
764
648
215 EUR
194,450
148.559,80
0.34
UniCredit S.p.A. Azioni nom. o.N.
IT0004781412
UNITS
42.307
36.104
12.622 EUR
6,440
272.457,08
0.61
Unilever N.V. Cert.v.Aandelen EO 0.16
NL0000009355
UNITS
12.315
10.505
3.669 EUR
30.885
380.348,78
0.86
Unilever PLC Registered Shares LS -,031111
GB00B10RZP78
UNITS
10.048
8.608
3.122 GBP
26,440
323.533,93
0.73
United Utilities Group PLC Registered Shares LS -,05
GB00B39J2M42
UNITS
5.353
4.547
1.567 GBP
7,960
51.890.64
0.12
VINCI S.A. Actions Port. EO 2.50
FR0000125486
UNITS
4.140
3.525
1.149 EUR
54,340
224.967,60
0.51
Vivendi S.A. Actions Port. EO 5.5
FR0000127771
Marke t
As at Purchases/ Sales/ 30 April 2014 Additions Disposals in the reporting period
Designation of class of security
ISIN
SAFRAN Actions Port. EO 0.20
FR0000073272
UNITS
2.542
2.210
Sampo OYJ Bearer Shares Cl.A o.N.
FI0009003305
UNITS
3.799
3.229
Sandvik AB Namn-Aktier o.N.
SE0000667891
UNITS
8.714
7.403
Sanofi S.A. Actions Port. EO 2
FR0000120578
UNITS
9.434
SAP SE Inhaber-Aktien o.N.
DE0007164600
UNITS
Schneider Electric SE Actions Port. EO 4
FR0000121972
UNITS
SeaDrill Ltd. Registered Shares DL 2.00
BMG7945E1057
SES S.A. Bearer FDRs (rep.Shs A) o.N.
UNITS
9.997
8.474
2.857 EUR
19,340
193.341,98
0.44
Vodafone Group PLC Registered Shares DL 0.2095238 GB00BH4HKS39
UNITS
204.792
205.546
754 GBP
2,240
558.525,24
1,26
Volkswagen AG Vorzugsaktien o.St. o.N.
DE0007664039
UNITS
1.129
964
336 EUR
194,100
219.138,90
0.49
Volvo (publ), AB Namn-Aktier B (fria) o.N.
SE0000115446
UNITS
12.624
10.816
3.397 SEK
102,500
143.200.50
0.32
Wolseley PLC Reg. Shares LS-0.108030303
JE00BFNWV485
UNITS
2.086
2.094
8 GBP
34,210
86.905,27
0.20
56 of 70
Annual Report for iShares STOXX Europe Large 200 UCITS ETF (DE) for the period from 01/05/2013 to 30/04/2014 Marke t
Units, shares or currency in 1,000s
ISIN
WPP PLC Registered Shares LS -,10
JE00B8KF9B49
UNITS
10.500
8.958
Zurich Insurance Group AG Nam.-Aktien SF 0.10
CH0011075394
UNITS
1.169
997
Other investment securities Roche Holding AG Inhaber-Genußscheine o.N.
CH0012032048
UNITS
Price
Market value in EUR
% of fund 14) assets
2.879 GBP
12.740
162.906,15
0.37
340 CHF
252.100
241.405,64
0.54
1.162.364,80
2,62
As at Purchases/ Sales/ 30 April 2014 Additions Disposals in the reporting period
Designation of class of security
5.500
4.691
1.638 CHF
258.000
Securities admitted to an organised market or included in it Shares Credit Suisse Group AG Namens-Aktien SF 0.04
CH0012138530
UNITS
11.765
10.695
3.958 CHF
27.910
Unlisted securities Shares Rolls Royce Holdings PLC Reg. Sh. C Entitlem. LS 0.20 GB00BJFL1R44
UNITS
1.973.552
1.973.552
- GBP
0.001
Bank Accounts, Unsecuritised Money Market Instruments, Money Market Funds Bank accounts
1.162.364,80
2,62
268.974,94
0.61
268.974,94
0.61
268.974,94
0.61
2.403,40
0.01
2.403,40
0.01
2.403,40
0.01
334.686,50
0.76
334.686,50
0.76
280.080.23
0.63
280.080.23
0.63
EUR balances Custodian Bank: StateStreet Bank
EUR
280.080.23
%
100.000
Credit in other EU/EEA currencies Custodian Bank: StateStreet Bank
34.849,40
0.08
GBP
20.086,35
%
100.000
24.461,31
0.06
NOK
2,52
%
100.000
0.31
0.00
SEK
93.864,00
%
100.000
10.387,78
0.02
19.756,87
0.04
19.736,45
0.04
Non-EU/EEA currencies Custodian Bank: StateStreet Bank
CHF
24.094,00
%
100.000
USD
28,32
%
100.000
Other assets Dividend claims
Withholding tax reimbursement claims
Unit value Units in circulation
0.00
0.41
EUR
29.317,96
29.317,96
0.07
GBP
57.900.15
70.511,25
0.16
NOK
19.404,90
2.349,71
0.01
SEK
98.267,50
10.875,11
0.02
USD
8.495,34
6.126,97
0.01
CHF
43.089,70
35.296,65
0.08
EUR
25.938,98
25.938,98
0.06
GBP
48,45
59,00
0.00
-6.461,07
-0.01
EUR
-6.461,07
-6.461,07
-0.01
Other liabilities
Fund assets
20.42
180.475,63
EUR EUR UNITS
44.308.605,09 100.00 35,45 1.250.000
14) Rounding of percentages during the calculation may result in slight rounding differences.
57 of 70
Annual Report for iShares STOXX Europe Large 200 UCITS ETF (DE) for the period from 01/05/2013 to 30/04/2014
Transactions during the reporting period, insofar as these no longer appear in the assets listed: Securities purchases and sales, investment units and bonds (market allocation on the reporting date) ISIN
Units, shares or currency in 1,000s
Purchases/ Additions
Sales/ Disposals
Securities Exchange-traded securities Shares Aggreko PLC Registered Shares LS-,13708387
GB00B4WQ2Z29
UNITS
935
1.867
Ahold N.V., Kon. Aandelen aan toonder EO -,30
NL0006033250
UNITS
5.941
9.294
Alstom S.A. Actions Port. EO 7
FR0010220475
UNITS
1.373
2.125
Antofagasta PLC Registered Shares LS -,05
GB0000456144
UNITS
493
1.844
Banco Bilbao Vizcaya Argent. Anrechte
ES0613211970
UNITS
43.474
43.474
Banco Santander S.A. Anrechte
ES06139009I6
UNITS
90.502
90.502
Banco Santander S.A. Anrechte
ES06139009F2
UNITS
51.099
51.099
Banco Santander S.A. Anrechte
ES06139009G0
UNITS
52.027
52.027
Banco Santander S.A. Anrechte
ES06139009H8
UNITS
59.879
59.879
Barclays PLC Anrechte
GB00BCRY6Q68
UNITS
13.347
13.347
Barclays PLC Registered Shares New LS -,25
GB00BCRY6S82
UNITS
13.347
13.347
Cie Financière Richemont AG Inhaber-Aktien A SF 1
CH0045039655
UNITS
1.819
3.637
CNH Industrial N.V. Aandelen op naam EO 0.01
NL0010545661
UNITS
5.525
5.525
Commerzbank AG Inhaber-Bezugsrechte
DE000CBKBZR5
UNITS
1.522
1.522
Erste Group Bank AG Anrechte
AT0000A10QP8
UNITS
1.294
1.294
Fiat Industrial S.p.A. Azioni nom. EO 1.57
IT0004644743
UNITS
2.865
5.726
Groupe FNAC Actions Port. EO 1
FR0011476928
UNITS
44
44
Iberdrola S.A. Anrechte
ES0644580971
UNITS
23.472
23.472
Iberdrola S.A. Anrechte
ES0644580963
UNITS
23.807
23.807
K+S Aktiengesellschaft Namens-Aktien o.N.
DE000KSAG888
UNITS
605
1.206
Kabel Deutschland Holding AG Inhaber-Aktien o.N.
DE000KD88880
UNITS
98
98
Novo-Nordisk AS Navne-Aktier B DK 1
DK0060102614
UNITS
1.435
2.893
OSRAM Licht AG Namens-Aktien o.N.
DE000LED4000
UNITS
393
393
Randgold Resources Ltd. Registered Shares DL -,05
GB00B01C3S32
UNITS
319
639
Repsol S.A. Anrechte
ES0673516938
UNITS
3.766
3.766
Repsol S.A. Anrechte
ES0673516920
UNITS
3.783
3.783
Rolls Royce Holdings PLC Reg.Entitl.Shs.C 07/13 LS-,001
GB00B9KGVK73
UNITS
-
776.832
Saipem S.p.A. Azioni nom. EO 1
IT0000068525
UNITS
880
1.757
Subsea 7 S.A. Registered Shares DL 2
LU0075646355
UNITS
360
1.343
Swedish Match AB Namn-Aktier SK 1.20
SE0000310336
UNITS
709
1.427
Verizon Communications Inc. Registered Shares DL0.10
US92343V1044
UNITS
8.628
8.628
Vodafone Group PLC Registered Shares DL-,11428571
GB00B16GWD56
UNITS
275.148
447.487
Wolseley PLC Reg. Shares LS-,104545454
JE00B8N69M54
UNITS
951
1.897
Xstrata PLC Registered Shares DL -,50
GB0031411001
UNITS
-
5.650
Yara International ASA Navne-Aksjer NK 1.70
NO0010208051
UNITS
631
1.263
Banco Bilbao Vizcaya Argent. Anrechte
ES0613211962
UNITS
26.850
26.850
Credit Suisse Group AG Anrechte
CH0206815448
UNITS
-
5.028
Fiat Industrial S.p.A. Anrechte (technisch)
IT0004953524
UNITS
3.885
3.885
Rolls Royce Holdings PLC Reg. Interim Shares C LS -,20
GB00BCKFJS99
UNITS
756.026
756.026
Unlisted securities Shares
58 of 70
Annual Report for iShares STOXX Europe Large 200 UCITS ETF (DE) for the period from 01/05/2013 to 30/04/2014 Profit-and-Loss Account (incl. Income Adjustment) for the period from 01/05/2013 to 30/04/2014 I. Income 1. Dividends from domestic issuers 2. Dividends from foreign issuers (before withholding tax)
15)
EUR
114.465,33
EUR
1.100.247,60
3. Interest from domestic liquidity investments
EUR
40.04
4. Deduction of foreign withholding tax
EUR
-116.741,10
5. Other income
EUR
Total income
EUR
88.550.76
1.186.562,63
II. Expenses 1. Interest from borrowing
EUR
-174,02
2. Management fees
EUR
-62.544,31
3. Other expenses
EUR
Total expenses
EUR
-67.062,27
III. Ordinary net income
EUR
1.119.500.36
-4.343,94
IV. Disposals 1. Realised gains
EUR
2.651.620.00
2. Realised losses
EUR
-1.394.654,92
Gain/loss on disposals
EUR
1.256.965,08
V. Annual realised results
EUR
2.376.465,44
1. Net change in unrealised gains
EUR
1.274.956,55
2. Net change in unrealised losses
EUR
1.090.284,81
VI. Annual unrealised results
EUR
2.365.241,36
VII. Result for the financial year
EUR
4.741.706,80
15) Includes dividends within the meaning of Article 19 Para. 1 of the German REIT Act amounting to EUR 11,092.68
Change in Fund Assets 2013/2014 I. Value of fund assets at start of financial year
EUR
1. Distribution for the previous year
EUR
2. Interim distributions
EUR
-500.968,80
3. Inflow/Outflow of funds (net)
EUR
23.570.825,00
a) Proceeds received from sales of units
EUR
34.490.230.00
b) Payments for redemption of units
EUR
-10.919.405,00
17.416.378,54 -363.501,60
4. Income adjustment/cost compensation
EUR
-555.834,85
5. Result for the financial year
EUR
4.741.706,80
of which unrealised gains
EUR
1.274.956,55
of which unrealised losses
EUR
1.090.284,81
II. Value of fund assets at end of financial year
EUR
44.308.605,09
59 of 70
Annual Report for iShares STOXX Europe Large 200 UCITS ETF (DE) for the period from 01/05/2013 to 30/04/2014 Use of income from the investment fund
Calculation of distribution (total and per unit) Total
Per unit
EUR
9.708.522.10
7.77
EUR
5.937.401.74
4.75
EUR
2.376.465.44
1.90
EUR
1.394.654.92
1.12
EUR
-8.589.022.05
-6.87
1. Reinvested
EUR
-1.942.731.29
-1.55
2. Carryforward to new account
EUR
-6.646.290.76
-5.32
EUR
1.119.500.05
0.90
1. Interim distribution
EUR
500.968.80
0.40
2. Final year-end distribution
EUR
618.531.25
0.50
I. Available for distribution 1. Carryforward from the previous year
16)
2. Annual realised results 3. Transfer from the investment fund
17)
II. Not used for distribution
III. Total distribution
16) Difference from preceding year because of income adjustment calculated on carryforwards. 17) Transfer in the amount of the realised losses of the financial year.
Comparative overview of the last three financial years
Financial year
Fund assets at the end of the financial year
Unit value
2013/2014
EUR
44.308.605,09
35.45
2012/2013
EUR
17.416.378.54
31.67
2011/2012
EUR
16,193,174.96
27.48
2010/2011
EUR
24,034,338.45
30..00
60 of 70
Annual Report for iShares STOXX Europe Large 200 UCITS ETF (DE) for the period from 01/05/2013 to 30/04/2014 Annex
Information pursuant to the German Derivatives Ordinance [Derivateverordnung, DerivateV]: Pursuant to the Derivatives Ordinance, the utilisation of the market risk ceiling for this investment fund was calculated in accordance with the qualified approach using a derivative-free benchmark.
Information under the qualified approach: Potential exposure to market risk in accordance with Article 37 Para. 4 DerivateV: Beginning of the financial year End of the financial year Beginning of risk measurement Smallest potential exposure Largest potential exposure Average potential exposure
01.05.2013 30.04.2014 01.05.2013 9.43 % 11.44 % 10.45 %
Risk model used in accordance with Article 10 DerivateV: Analytical approach using a multifactorial model Parameters used in accordance with Article 11 DerivateV: Confidence level Holding term Observation period
Quantile 99.00 % 20 days 01/05/2013 to 30/04/2014
Average scope of leverage achieved during the financial year through derivative transactions pursuant to Article 37 Para. 4 DerivateV: Average leverage 1.00 For calculation, the credit value method pursuant to ESMA Guidelines 10-788 was applied. In this method, the leverage is determined by dividing the total exposure of the fund, consisting of the sum of the eligible amount of the derivatives and the net asset value, by its net asset value. Composition of the benchmark assets pursuant to Article 37 Para. 5 DerivateV: STOXX® Europe Large 200
100.00 %
61 of 70
Annual Report for iShares STOXX Europe Large 200 UCITS ETF (DE) for the period from 01/05/2013 to 30/04/2014
Annex Other information Number of fund units in circulation and value of a fund unit on the reporting date pursuant to Article 16 Para. 1 No. 1 of the German Capital Investment Accounting and Valuation Ordinance (KARBV) Unit value
EUR
Units in circulation
UNITS
35.45 1.250.000
Information on the evaluation process for assets pursuant to Article 16 Para. 1 No. 2 KARBV Security Prices and Market Prices The fund assets are valued on the basis of the following market prices: All securities:
Closing prices on the respective valuation dates
The valuation of assets generally took place during the financial year and at the balance sheet date on the basis of the last traded stock exchange price. Assets not admitted for trading on stock exchanges nor admitted to another regulated market or included in such market, or for which no tradable value is available, are valued at current market values, which shall be assessed with due care using appropriate valuation models and taking into consideration current market conditions. Money in bank accounts and existing receivables are valued at their current nominal value. Existing liabilities are reported at the amounts payable.
Exchange Rate(s) or Conversion Factor(s) (bulk quoting) as at 30/04/2014 British Pound Sterling
(GBP)
0.82115= 1 euro (EUR)
Danish kroner
(DKK)
7.46386= 1 euro (EUR)
Norwegian kroner
(NOK)
8.25843= 1 euro (EUR)
Swedish kronor
(SEK)
9.03600= 1 euro (EUR)
Swiss francs
(CHF)
1.22079= 1 euro (EUR)
US dollar
(USD)
1.38655= 1 euro (EUR)
Information on transparency and the total expense ratio (TER) pursuant to Article 16 Para. 1 No. 3 KARBV Total expense ratio pursuant to Article 101 Para. 2 of the German Investment Code (KAGB): 0.20%. The total expense ratio expresses all costs and payments (not including transaction costs) borne by the investment fund during the year in relation to the average net asset value of the investment fund’s assets. In accordance with the terms and conditions of investment, a fixed fee of 0.19% p.a. based on the average net asset value and payable to the investment management company has been agreed for the investment fund. This fixed fee covers services rendered by the company, in particular the expenses of the depository, costs of legally required printing, mailings and publications associated with the investment fund, and for the auditing of the annual report. Of this amount, 0.0918% p.a. is due to the depository based on the average net asset value, and 0.1479% p.a. to third parties (printing and publication expenses, auditing and miscellaneous costs). The company does not pay any fees to brokers. The following expenses are not included in the fixed fee: a) Expenses resulting from the purchase and sale of assets (transaction costs); b) Customary bank custody fees, including the customary bank charges for the custody of foreign securities abroad and related taxes, if applicable; c)
Expenses related to day-to-day account management;
d) Expenses incurred in the assertion and enforcement of the legal claims of the Investment Fund. e) Expenses for providing information to investors of the investment fund by means of a durable medium, with the exception of expenses for providing information in the case of fund mergers. Details of the fee structure are provided in the current sales prospectus. Expenses paid and repayments received pursuant to Article 16 Para. 1 No. 3c) KARBV In the financial year 1 May 2013 to 30 April 2014, the investment management company BlackRock Asset Management Deutschland AG received no repayment of fees or reimbursement of expenses paid from the investment fund to the depository or to third parties for the investment fund iShares STOXX Europe Large 200 UCITS ETF (DE). Information concerning other income and other expenses pursuant to Article 16 Para. 1 No. 3e) KARBV Other income amounting to 88,550.76 is broken down as follows: a) Income from withholding tax refunds/claims:
EUR
88.475.80
b) Other income:
EUR
74.96
a) Bank custody fees:
EUR
4.320.43
b) Other expenditure:
EUR
23.51
Other expenses amounting to 4,343.94 are broken down as follows:
62 of 70
Annual Report for iShares STOXX Europe Large 200 UCITS ETF (DE) for the period from 01/05/2013 to 30/04/2014 Information concerning transaction costs pursuant to Article 16 Para. 1 No. 3f) KARBV The transaction costs pursuant to Article 16 Para. 1 No. 3 f) of the German Capital Investment Accounting and Valuation Ordinance (“KARBV”) paid during the reporting period totalled EUR 2,800.49. Transaction costs take into account all costs that were separately recognised or invoiced for the account of the investment fund and that are in direct connection with the purchase or sale of assets. The share of the securities transactions executed during the reporting period for account of the investment fund through brokers that are closely affiliated companies and persons was 0.00%. Their total amount was EUR 0.00. Index fund information pursuant to Article 16 Para. 2 KARBV Tracking error level at the end of the reporting period, pursuant to Article 16 Para. 2 No. 1 KARBV
0.24 percentage points
Annual tracking difference level
0.28 percentage points
®
The STOXX Europe Large 200 performance index recorded a performance of 15.60% in the reporting period. Taking into account costs, distributions and taxes, iShares STOXX Europe Large 200 UCITS ETF (DE) recorded a performance of 15.88% during the same period.
Further information necessary for understanding the report pursuant to Article 7 No. 9 d) KARBV Explanation of the calculation of net change in unrealised gains and losses Determination of net change in unrealised gains and losses takes place by means of comparing, in each financial year, the valuations of assets included in the unit price with the relevant historical purchase prices, the level of the positive differences in the sum of unrealised gains included, the level of the negative differences in the sum of unrealised losses included and by determining the net changes from a comparison of the sum totals at the end of the financial year with those at the beginning.
General information The iShares STOXX Europe Large 200 UCITS ETF (DE) investment fund was brought into line with the provisions of the German Investment Code (KAGB) with effect from 20 January 2014. Munich, 7 August 2014 BlackRock Asset Management Deutschland AG
Dr Thomas Groffmann
Alexander Mertz
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Annual Report for iShares STOXX Europe Large 200 UCITS ETF (DE) for the period from 01/05/2013 to 30/04/2014 Special Auditor’s Note Concerning BlackRock Asset Management Deutschland AG, Munich In accordance with Article 102 of the German Investment Code (KAGB), BlackRock Asset Management Deutschland AG, Munich, has commissioned us to review the annual report for the investment fund iShares STOXX Europe Large 200 UCITS ETF (DE) for the financial year from 1 May 2013 to 30 April 2014. Responsibility of the legal representatives The preparation of the annual report in accordance with the KAGB is the responsibility of the legal representatives of the investment management company. Responsibility of the auditor It is our responsibility to express an opinion on the annual report, based on our audit. We conducted our audit in accordance with Article 102 of the KAGB and the German generally accepted principles for the audit of financial statements promulgated by the Institute of Public Auditors in Germany (IDW). These standards require us to plan and perform the audit in such a way that inaccuracies and infringements materially affecting the annual report are detected with reasonable assurance. Knowledge of the management of the investment fund and assessment of potential misstatements are taken into account when determining audit procedures. The effectiveness of the internal control system used when accounting and the evidence supporting the disclosures in the annual report are examined, primarily on a test basis, within the framework of the audit. The audit includes the appraisal of the accounting principles applied for the annual report and the main estimates of the legal representatives of the investment management company. We believe that our audit provides a reasonable basis for our opinion.
Opinion Our audit has not led to any reservations. According to our appraisal, based on the findings gained during our audit, the annual report complies with the legal regulations.
Munich, 08 August 2014 Deloitte & Touche GmbH Wirtschaftsprüfungsgesellschaft
Koch Auditor
Rumpelt Auditor
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BlackRock Asset Management Deutschland AG Max-Joseph-Strasse 6 80333 Munich, Germany iShares STOXX Europe Large 200 UCITS ETF (DE) ISIN: DE0005933980 Bases of taxation pursuant to Article 5 Para. 1, Sentence 1, No. 1 and No. 2 InvStG (German Investment Tax Act) Financial year from 01/05/2013 to 30/04/2014 Ex date of the (interim) distribution: 16/06/2014 Value date: 16.06.2014 Date of dividend resolution: 15.05.2014 Article 5 Para. 1 Sentenc e 1 No. .... InvStG 1a)
2)
1b)
Private assets
Operating assets Operating assets EStG (German Income Tax KStG (German Corporation Act) Tax Act)
EUR
EUR
EUR
Per unit
Per unit
Per unit
Amount of distribution
0.5209815
0.5209815
0.5209815
of which income equivalent to distributions from previous years
0.0000000
0.0000000
0.0000000
of which non-taxable repayment of principal/capital distributions
0.0000000
0.0000000
0.0000000
Partial accumulation amount/distributable income of which non-deductible income-related expenses pursuant to Article 3 Para. 3 Sentence 3 No. 2 InvStG
0.0019584
0.0019584
0.0019584
0.0019582
0.0019582
0.0019582
Amount of distributed income
0.5209815
0.5209815
0.5209815
0.5151758
0.0000000
0.0000000
0.0000000
0.0000797
0.0000797
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
Contained in the distributed income: 1 c) aa) Income as defined in Article 2 Para. 2 Sentence 1 InvStG in conjunction with No. 40 EStG, or in the case of Article 16 InvStG in conjunction with Article 8b Para. 1 KStG (Capital Gains Tax Act) 1 c) bb) Capital gains within the meaning of Article 3 No. 40 EStG and Article 8b Para. 2 KStG 1 c) cc) Income within the meaning of Article 2 Para. 2a InvStG (interest limit) 1 c) dd) Tax-free old capital gains from securities, subscription rights and futures transactions in private assets (Article 2 III No. 1 Sentence 1 InvStG in the version to be used on 31 December 2008) 1 c) ee) Tax-free old capital gains from subscription rights to bonus shares in companies
0.0000000 0.0000000
1 c) ff) Tax-free profits from the purchase and sale of German and foreign land outside the 10year period 1 c) gg) Income that is tax-exempt on the basis of DTA (in particular foreign rental income and profits from the purchase and sale of foreign land) 1 c) hh) DTA tax-free income included in gg) that is not subject to the progression provision
0.0000000
0.0000000
0.0000000
0.0000000
1 c) ii) Foreign income on which foreign withholding taxes were actually retained or are deemed retained, provided the foreign withholding tax was not treated as income-related expenses at the fund level 1 c) jj) Foreign income included in ii) within the meaning of Article 3 No. 40 EStG and Article 8b Para. 2 InvStG or in the case of Article 16 InvStG in conjunction with Article 8b Para. 1 KStG from foreign REITs included in ii) Income 1 c) kk) Foreign income on which foreign withholding taxes are considered to have been retained (notional withholding tax) included in ii) 1 c) ll) Foreign income included in kk) within the meaning of Article 3 No. 40 EStG and Article 8b Para. 2 InvStG or in the case of Article 16 InvStG in conjunction with Article 8b Para. 1 Income as defined in Article 18 Para. 22 Sentence 4 InvStG in conjunction with Article 8b 1 c) mm) KStG Para. 1 of the Corporation Tax Act
0.1748317
0.1748317
0.1748317
1 d)
Capital gains tax measurement basis
0.1671471
0.0000000
0.0076845
0.0076845
0.0076845
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000 0.0000000
0.5229400
0.5229400
0.5229400
1 d) aa) Income included in d) within the meaning of Article 7 Para. 1 and 2 InvStG
0.4882634
0.4882634
0.4882634
1 d) bb) Domestic dividends and taxable domestic real estate income included in d)
0.0346766
0.0346766
0.0346766
of which from German REITs 1 d) cc) Foreign dividends, capital gains, gains from writing options and futures transactions included in d) aa) of which from foreign REITs
0.0000000
0.0000000
0.0000000
0.4881837
0.4881837
0.4881837
0.0076845
0.0076845
0.0076845
0.0254805
0.0254805
0.0254805
0.0240885
0.0000000
0.0013919
0.0013919
0.0013919
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
1 f) Allowable/deductible and notional foreign withholding tax 1 f) aa) Deductible foreign withholding tax, provided it is not treated as income-related expenses on the fund level 1 f) bb) Deductible withholding tax on foreign income included in aa) within the meaning of Article 3 No. 40 EStG and Article 8b Para. 2 KStG, or in the case of Article 16 InvStG in conjunction with Article 8b Para. 1 KStG Deductible withholding tax on income from foreign REITs included in aa) 1 f) cc) Deductible foreign withholding tax 1 f) dd) Deductible withholding tax on foreign income included in cc) within the meaning of Article 3 No. 40 EStG and Article 8b Para. 2 KStG, or in the case of Article 16 InvStG in conjunction with Article 8b Para. 1 KStG 1 f) ee) Notionally deductible foreign withholding tax 1 f) ff) Notionally deductible withholding tax on foreign income included in ee) within the meaning of Article 3 No. 40 EStG and Article 8b Para. 2 KStG, or in the case of Article 16 InvStG in conjunction with Article 8b Para. 1 KStG
0.0000000
1 g)
Deduction for depreciation or depletion (for real estate)
0.0000000
0.0000000
0.0000000
1 h)
Total withholding tax paid and reimbursed in the financial year Total of the 10% non-deductible income-related expenses (Article 3 Para. 3 Sentence 2 No. 2 InvStG)
0.0261565
0.0261565
0.0261565
0.0019582
0.0019582
0.0019582
1 i)
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BlackRock Asset Management Deutschland AG Max-Joseph-Strasse 6 80333 Munich, Germany iShares STOXX Europe Large 200 UCITS ETF (DE) ISIN: DE0005933980 Bases of taxation pursuant to Article 5 Para. 1, Sentence 1, No. 1 and No. 2 InvStG (German Investment Tax Act) Financial year from 01/05/2013 to 30/04/2014 Ex date of the (interim) distribution: 17/03/2014 Value date: 17.03.2014 Date of dividend resolution: 17.02.2014 Article 5 Para. 1 Sentenc e 1 No. .... InvStG 1a)
2)
1b)
Private assets
Operating assets Operating assets EStG (German Income Tax KStG (German Corporation Act) Tax Act)
EUR
EUR
EUR
Per unit
Per unit
Per unit
Amount of distribution
0.1262452
0.1262452
0.1262452
of which income equivalent to distributions from previous years
0.0000000
0.0000000
0.0000000
of which non-taxable repayment of principal/capital distributions
0.0000000
0.0000000
0.0000000
Partial accumulation amount/distributable income of which non-deductible income-related expenses pursuant to Article 3 Para. 3 Sentence 3 No. 2 InvStG
0.0017081
0.0017081
0.0017081
0.0017081
0.0017081
0.0017081
Amount of distributed income
0.1262452
0.1262452
0.1262452
0.1279533
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
Contained in the distributed income: 1 c) aa) Income as defined in Article 2 Para. 2 Sentence 1 InvStG in conjunction with No. 40 EStG, or in the case of Article 16 InvStG in conjunction with Article 8b Para. 1 KStG (Capital Gains Tax Act) 1 c) bb) Capital gains within the meaning of Article 3 No. 40 EStG and Article 8b Para. 2 KStG 1 c) cc) Income within the meaning of Article 2 Para. 2a InvStG (interest limit) 1 c) dd) Tax-free old capital gains from securities, subscription rights and futures transactions in private assets (Article 2 III No. 1 Sentence 1 InvStG in the version to be used on 31 December 2008) 1 c) ee) Tax-free old capital gains from subscription rights to bonus shares in companies
0.0000000 0.0000000
1 c) ff) Tax-free profits from the purchase and sale of German and foreign land outside the 10year period 1 c) gg) Income that is tax-exempt on the basis of DTA (in particular foreign rental income and profits from the purchase and sale of foreign land) 1 c) hh) DTA tax-free income included in gg) that is not subject to the progression provision
0.0000000
0.0000000
0.0000000
0.0000000
1 c) ii) Foreign income on which foreign withholding taxes were actually retained or are deemed retained, provided the foreign withholding tax was not treated as income-related expenses at the fund level 1 c) jj) Foreign income included in ii) within the meaning of Article 3 No. 40 EStG and Article 8b Para. 2 InvStG or in the case of Article 16 InvStG in conjunction with Article 8b Para. 1 KStG from foreign REITs included in ii) Income 1 c) kk) Foreign income on which foreign withholding taxes are considered to have been retained (notional withholding tax) included in ii) 1 c) ll) Foreign income included in kk) within the meaning of Article 3 No. 40 EStG and Article 8b Para. 2 InvStG or in the case of Article 16 InvStG in conjunction with Article 8b Para. 1 Income as defined in Article 18 Para. 22 Sentence 4 InvStG in conjunction with Article 8b 1 c) mm) KStG Para. 1 of the Corporation Tax Act
0.0347158
0.0347158
0.0347158
1 d)
Capital gains tax measurement basis
0.0347158
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000 0.0000000
0.1279533
0.1279533
0.1279533
1 d) aa) Income included in d) within the meaning of Article 7 Para. 1 and 2 InvStG
0.1096365
0.1096365
0.1096365
1 d) bb) Domestic dividends and taxable domestic real estate income included in d)
0.0183168
0.0183168
0.0183168
of which from German REITs 1 d) cc) Foreign dividends, capital gains, gains from writing options and futures transactions included in d) aa) of which from foreign REITs
0.0000000
0.0000000
0.0000000
0.1096365
0.1096365
0.1096365
0.0000000
0.0000000
0.0000000
0.0058480
0.0058480
0.0058480
0.0058480
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
1 f) Allowable/deductible and notional foreign withholding tax 1 f) aa) Deductible foreign withholding tax, provided it is not treated as income-related expenses on the fund level 1 f) bb) Deductible withholding tax on foreign income included in aa) within the meaning of Article 3 No. 40 EStG and Article 8b Para. 2 KStG, or in the case of Article 16 InvStG in conjunction with Article 8b Para. 1 KStG Deductible withholding tax on income from foreign REITs included in aa) 1 f) cc) Deductible foreign withholding tax 1 f) dd) Deductible withholding tax on foreign income included in cc) within the meaning of Article 3 No. 40 EStG and Article 8b Para. 2 KStG, or in the case of Article 16 InvStG in conjunction with Article 8b Para. 1 KStG 1 f) ee) Notionally deductible foreign withholding tax 1 f) ff) Notionally deductible withholding tax on foreign income included in ee) within the meaning of Article 3 No. 40 EStG and Article 8b Para. 2 KStG, or in the case of Article 16 InvStG in conjunction with Article 8b Para. 1 KStG
0.0000000
1 g)
Deduction for depreciation or depletion (for real estate)
0.0000000
0.0000000
0.0000000
1 h)
Total withholding tax paid and reimbursed in the financial year Total of the 10% non-deductible income-related expenses (Article 3 Para. 3 Sentence 2 No. 2 InvStG)
-0.0076738
-0.0076738
-0.0076738
0.0017081
0.0017081
0.0017081
1 i)
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BlackRock Asset Management Deutschland AG Max-Joseph-Strasse 6 80333 Munich, Germany iShares STOXX Europe Large 200 (DE) ISIN: DE0005933980 Bases of taxation pursuant to Article 5 Para. 1, Sentence 1, No. 1 and No. 2 InvStG (German Investment Tax Act) Financial year from 01/05/2013 to 30/04/2014 Ex date of the (interim) distribution: 16/12/2013 Value date: 16.12.2013 Date of dividend resolution: 15.11.2013 Article 5 Para. 1 Sentenc e 1 No. .... InvStG 1a)
2)
1b)
Private assets
Operating assets Operating assets EStG (German Income Tax KStG (German Corporation Act) Tax Act)
EUR
EUR
EUR
Per unit
Per unit
Per unit
Amount of distribution
0.1358488
0.1358488
0.1358488
of which income equivalent to distributions from previous years
0.0000000
0.0000000
0.0000000
of which non-taxable repayment of principal/capital distributions
0.0000000
0.0000000
0.0000000
Partial accumulation amount/distributable income of which non-deductible income-related expenses pursuant to Article 3 Para. 3 Sentence 3 No. 2 InvStG
0.0014804
0.0014804
0.0014804
0.0014804
0.0014804
0.0014804
Amount of distributed income
0.1358488
0.1358488
0.1358488
0.1373293
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
Contained in the distributed income: 1 c) aa) Income as defined in Article 2 Para. 2 Sentence 1 InvStG in conjunction with No. 40 EStG, or in the case of Article 16 InvStG in conjunction with Article 8b Para. 1 KStG (Capital Gains Tax Act) 1 c) bb) Capital gains within the meaning of Article 3 No. 40 EStG and Article 8b Para. 2 KStG 1 c) cc) Income within the meaning of Article 2 Para. 2a InvStG (interest limit) 1 c) dd) Tax-free old capital gains from securities, subscription rights and futures transactions in private assets (Article 2 III No. 1 Sentence 1 InvStG in the version to be used on 31 December 2008) 1 c) ee) Tax-free old capital gains from subscription rights to bonus shares in companies
0.0000000 0.0000000
1 c) ff) Tax-free profits from the purchase and sale of German and foreign land outside the 10year period 1 c) gg) Income that is tax-exempt on the basis of DTA (in particular foreign rental income and profits from the purchase and sale of foreign land) 1 c) hh) DTA tax-free income included in gg) that is not subject to the progression provision
0.0000000
0.0000000
0.0000000
0.0000000
1 c) ii) Foreign income on which foreign withholding taxes were actually retained or are deemed retained, provided the foreign withholding tax was not treated as income-related expenses at the fund level 1 c) jj) Foreign income included in ii) within the meaning of Article 3 No. 40 EStG and Article 8b Para. 2 InvStG or in the case of Article 16 InvStG in conjunction with Article 8b Para. 1 KStG from foreign REITs included in ii) Income 1 c) kk) Foreign income on which foreign withholding taxes are considered to have been retained (notional withholding tax) included in ii) 1 c) ll) Foreign income included in kk) within the meaning of Article 3 No. 40 EStG and Article 8b Para. 2 InvStG or in the case of Article 16 InvStG in conjunction with Article 8b Para. 1 Income as defined in Article 18 Para. 22 Sentence 4 InvStG in conjunction with Article 8b 1 c) mm) KStG Para. 1 of the Corporation Tax Act
0.0315112
0.0315112
0.0315112
1 d)
Capital gains tax measurement basis
0.0315112
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000 0.0000000
0.1373293
0.1373293
0.1373293
1 d) aa) Income included in d) within the meaning of Article 7 Para. 1 and 2 InvStG
0.1373293
0.1373293
0.1373293
1 d) bb) Domestic dividends and taxable domestic real estate income included in d)
0.0000000
0.0000000
0.0000000
of which from German REITs 1 d) cc) Foreign dividends, capital gains, gains from writing options and futures transactions included in d) aa) of which from foreign REITs
0.0000000
0.0000000
0.0000000
0.1373293
0.1373293
0.1373293
0.0000000
0.0000000
0.0000000
0.0055298
0.0055298
0.0055298
0.0055298
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
1 f) Allowable/deductible and notional foreign withholding tax 1 f) aa) Deductible foreign withholding tax, provided it is not treated as income-related expenses on the fund level 1 f) bb) Deductible withholding tax on foreign income included in aa) within the meaning of Article 3 No. 40 EStG and Article 8b Para. 2 KStG, or in the case of Article 16 InvStG in conjunction with Article 8b Para. 1 KStG Deductible withholding tax on income from foreign REITs included in aa) 1 f) cc) Deductible foreign withholding tax 1 f) dd) Deductible withholding tax on foreign income included in cc) within the meaning of Article 3 No. 40 EStG and Article 8b Para. 2 KStG, or in the case of Article 16 InvStG in conjunction with Article 8b Para. 1 KStG 1 f) ee) Notionally deductible foreign withholding tax 1 f) ff) Notionally deductible withholding tax on foreign income included in ee) within the meaning of Article 3 No. 40 EStG and Article 8b Para. 2 KStG, or in the case of Article 16 InvStG in conjunction with Article 8b Para. 1 KStG
0.0000000
1 g)
Deduction for depreciation or depletion (for real estate)
0.0000000
0.0000000
0.0000000
1 h)
Total withholding tax paid and reimbursed in the financial year Total of the 10% non-deductible income-related expenses (Article 3 Para. 3 Sentence 2 No. 2 InvStG)
-0.0027642
-0.0027642
-0.0027642
0.0014804
0.0014804
0.0014804
1 i)
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BlackRock Asset Management Deutschland AG Max-Joseph-Strasse 6 80333 Munich, Germany iShares STOXX Europe Large 200 (DE) ISIN: DE0005933980 Bases of taxation pursuant to Article 5 Para. 1, Sentence 1, No. 1 and No. 2 InvStG (German Investment Tax Act) Financial year from 01/05/2013 to 30/04/2014 Ex date of the (interim) distribution: 16/09/2013 Value date: 16.09.2013 Date of dividend resolution: 15.08.2013 Article 5 Para. 1 Sentenc e 1 No. .... InvStG 1a)
2)
1b)
Private assets
Operating assets Operating assets EStG (German Income Tax KStG (German Corporation Act) Tax Act)
EUR
EUR
EUR
Per unit
Per unit
Per unit
Amount of distribution
0.3242101
0.3242101
0.3242101
of which income equivalent to distributions from previous years
0.0000000
0.0000000
0.0000000
of which non-taxable repayment of principal/capital distributions
0.0000000
0.0000000
0.0000000
Partial accumulation amount/distributable income of which non-deductible income-related expenses pursuant to Article 3 Para. 3 Sentence 3 No. 2 InvStG
0.0014646
0.0014646
0.0014646
0.0014646
0.0014646
0.0014646
Amount of distributed income
0.3242101
0.3242101
0.3242101
0.3256747
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
Contained in the distributed income: 1 c) aa) Income as defined in Article 2 Para. 2 Sentence 1 InvStG in conjunction with No. 40 EStG, or in the case of Article 16 InvStG in conjunction with Article 8b Para. 1 KStG (Capital Gains Tax Act) 1 c) bb) Capital gains within the meaning of Article 3 No. 40 EStG and Article 8b Para. 2 KStG 1 c) cc) Income within the meaning of Article 2 Para. 2a InvStG (interest limit) 1 c) dd) Tax-free old capital gains from securities, subscription rights and futures transactions in private assets (Article 2 III No. 1 Sentence 1 InvStG in the version to be used on 31 December 2008) 1 c) ee) Tax-free old capital gains from subscription rights to bonus shares in companies
0.0000000 0.0000000
1 c) ff) Tax-free profits from the purchase and sale of German and foreign land outside the 10year period 1 c) gg) Income that is tax-exempt on the basis of DTA (in particular foreign rental income and profits from the purchase and sale of foreign land) 1 c) hh) DTA tax-free income included in gg) that is not subject to the progression provision
0.0000000
0.0000000
0.0000000
0.0000000
1 c) ii) Foreign income on which foreign withholding taxes were actually retained or are deemed retained, provided the foreign withholding tax was not treated as income-related expenses at the fund level 1 c) jj) Foreign income included in ii) within the meaning of Article 3 No. 40 EStG and Article 8b Para. 2 InvStG or in the case of Article 16 InvStG in conjunction with Article 8b Para. 1 KStG from foreign REITs included in ii) Income 1 c) kk) Foreign income on which foreign withholding taxes are considered to have been retained (notional withholding tax) included in ii) 1 c) ll) Foreign income included in kk) within the meaning of Article 3 No. 40 EStG and Article 8b Para. 2 InvStG or in the case of Article 16 InvStG in conjunction with Article 8b Para. 1 Income as defined in Article 18 Para. 22 Sentence 4 InvStG in conjunction with Article 8b 1 c) mm) KStG Para. 1 of the Corporation Tax Act
0.1447505
0.1447505
0.1447505
1 d)
Capital gains tax measurement basis
0.1447505
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000 0.0000000
0.3256747
0.3256747
0.3256747
1 d) aa) Income included in d) within the meaning of Article 7 Para. 1 and 2 InvStG
0.2681232
0.2681232
0.2681232
1 d) bb) Domestic dividends and taxable domestic real estate income included in d)
0.0575516
0.0575516
0.0575516
of which from German REITs 1 d) cc) Foreign dividends, capital gains, gains from writing options and futures transactions included in d) aa) of which from foreign REITs
0.0000000
0.0000000
0.0000000
0.2681232
0.2681232
0.2681232
0.0000000
0.0000000
0.0000000
0.0224172
0.0224172
0.0224172
0.0224172
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
0.0000000
1 f) Allowable/deductible and notional foreign withholding tax 1 f) aa) Deductible foreign withholding tax, provided it is not treated as income-related expenses on the fund level 1 f) bb) Deductible withholding tax on foreign income included in aa) within the meaning of Article 3 No. 40 EStG and Article 8b Para. 2 KStG, or in the case of Article 16 InvStG in conjunction with Article 8b Para. 1 KStG Deductible withholding tax on income from foreign REITs included in aa) 1 f) cc) Deductible foreign withholding tax 1 f) dd) Deductible withholding tax on foreign income included in cc) within the meaning of Article 3 No. 40 EStG and Article 8b Para. 2 KStG, or in the case of Article 16 InvStG in conjunction with Article 8b Para. 1 KStG 1 f) ee) Notionally deductible foreign withholding tax 1 f) ff) Notionally deductible withholding tax on foreign income included in ee) within the meaning of Article 3 No. 40 EStG and Article 8b Para. 2 KStG, or in the case of Article 16 InvStG in conjunction with Article 8b Para. 1 KStG
0.0000000
1 g)
Deduction for depreciation or depletion (for real estate)
0.0000000
0.0000000
0.0000000
1 h)
Total withholding tax paid and reimbursed in the financial year Total of the 10% non-deductible income-related expenses (Article 3 Para. 3 Sentence 2 No. 2 InvStG)
0.0091351
0.0091351
0.0091351
0.0014646
0.0014646
0.0014646
1 i)
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Management Company and Depository Management Company BlackRock Asset Management Deutschland AG Max-Joseph-Str. 6 80333 Munich, Germany Share capital as at 31/12/2013: EUR 5 million Liable equity as at 31/12/2013: EUR 10 million Shareholder BlackRock Investment Management (UK) Limited Management Dr Thomas Groffmann Chairman of the Management Board Munich Michael Krautzberger Management Board Munich Alexander Mertz* Management Board Munich
Supervisory Board Joseph Linhares (Chairman) BlackRock, Managing Director, Head of EMEA iShares London, UK. Derek Stein BlackRock, Managing Director, Head of Business Operations Group San Francisco, USA. Prof Markus Rudolf Vice-Rector and University Professor, WHU Otto Beisheim School of Management
Depository State Street Bank GmbH Brienner Str. 59 80333 Munich, Germany Auditor Deloitte & Touche GmbH Wirtschaftsprüfungsgesellschaft Rosenheimer Platz 4 81669 Munich, Germany (*) Since 1 January 2014
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BlackRock Asset Management Deutschland AG Max-Joseph-Str. 6 D-80333 Munich, Germany Tel: +49 (0) 89 42729 - 5858
[email protected] www.iShares.de
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