Revenues and income

Q2/2005
Tsd. EUR

Change
in %

Q2/2004
Tsd. EUR

1st HY 2005
Tsd. EUR

Change
in %

1st HY 2004
Tsd. EUR

Revenues

12.493

7

11.663

24.143

5

22.875

Revenues consulting

9.988

7

9.353

19.263

5

18.433

Revenues software

2.505

8

2.310

4.880

10

4.442

Revenues Germany

5.375

2

5.287

10.401

3

10.100

Revenues foreign countries

7.118

12

6.376

13.742

8

12.775

Earnings Before Interest, Taxes,
Depreciation and Amortization (EBITDA)

796

225

245

287

(4)

298

Earnings Before Interest and Taxes (EBIT)

399

246

(274)

(198)

76

(818)

Earnings Before Taxes (EBT)

474

402

(157)

47

107

(699)

Net income

358

256

(229)

(46)

94

(765)

Earnings per share (EUR)

0,07

275

(0,04)

(0,01)

93

(0,15)

Investments and depreciation

Investments

239

26

190

488

40

349

Depreciation

397

(25)

530

780

(31)

1.127

Assets, shareholders' equity and liabilities

Assets

56.237

(6)

59.892

Current assets

40.257

(6)

42.855

Noncurrent assets

15.980

(6)

17.037

Net cash and cash equivalents

23.153

10

21.013

Shareholders' equity

42.453

(2)

43.490

Equity ratio

75,5

4

72,6

Current liabilities

13.560

(1)

13.718

Noncurrent liabilities

224

(92)

2.684

Key Figures

Gross margin (%)

35,5

38,5

34,2

37,4

EBITDA margin (%)

6,4

1,7

1,2

6,3

EBITmargin (%)

3,2

(2,5)

(3,5)

0,9

Cash flow from operating activities

(860)

1.180

1.730

1.620

Cash flow from investing activities

(285)

(2.026)

335

(3.150)

Cash flow from financing activities

134

78

79

(115)

30.06.05

30.06.04

Number of employees

545

(1)

549