The Supervisory Board reviewed the situation and develop-
ment of Hamburg Messe und Congress GmbH and HMC
International GmbH on a regular basis during the financial
year. It carried out the tasks allocated to it both by law and
by the Articles of Association during the reporting year. The
Supervisory Board advised and monitored the managements
of Hamburg Messe und Congress GmbH and HMC Interna-
tional GmbH on an ongoing basis.
The Supervisory Board has complied with the specifications
of the Hamburg Corporate Governance Code and has issued
a statement of compliance in cooperation with the manage-
ments from the companies.
Management provided regular, timely and comprehensive re-
ports — both in writing and verbally — to the Supervisory
Board regarding relevant issues of corporate planning, stra-
tegic development and results achieved as they relate to the
individual companies, including the risk situation.
In the financial year from 1 January to 31 December 2015,
the Supervisory Board held four meetings. The Finance Com-
mittee, the Construction Committee and the Human Re-
sources Committee each met twice. Furthermore, one reso-
lution of the Human Resources Committee was adopted by
written circular.
On 19 June 2015 and on 26 June 2015, respectively, the An-
nual General Meeting of Shareholders of Hamburg Messe
und Congress GmbH and the Annual General Meeting of
Shareholders of HMC International GmbH elected FIDES
Treuhand GmbH & Co. KG (FIDES) to audit the company’s
annual financial statements and to ensure due and proper
conduct of business for the financial year from 1 January to
31 December 2015.
FIDES audited the annual financial statements comprising
the balance sheet, the income statement and the notes, to-
gether with the bookkeeping system and the management
report for the financial year from 1 January to 31 December
2015.
The audit has not led to any reservations. On the opinion of
FIDES that is based on the findings of the audits, the compa-
nies’ annual financial statements are in compliance with legal
provisions – and in the case of HMI also with the supplemen-
tary provisions of the articles of association – and give a true
and fair view of the companies’ net assets, financial positions
and results of operations in accordance with the principles
of proper accounting. The management reports are consist-
ent with the annual financial statements, provide a suitable
understanding of the companies’ situations and suitably pre-
sent the opportunities and risks of future development.
The Finance Committee examined the annual financial state-
ments, management reports and audit reports from FIDES
in detail at its meeting on 23 May 2016, as did the Supervi-
sory Board at its meeting on 14 June 2016. The Supervisory
Board has no objections to these documents and therefore
agrees with the results of the auditor’s report. The Supervi-
sory Board approves both the management reports of the
Managing Directors and the annual financial statements as at
31 December 2015.
The Supervisory Board wishes to thank the Managing Direc-
tors and the company’s employees for their dedication and
their successful work in the past financial year.
Hamburg, June 2016
JOHANN C. LINDENBERG
Chairman of the Supervisory Board
REPORT OF THE SUPERVISORY BOARD
53
HAMBURG MESSE UND CONGRESS Annual Report 2015