Revenues and income

Q2/2004
Tsd. EUR

Change

Q2/2003
Tsd. EUR

1st HY 2004
Tsd. EUR

Change

1st HY 2003
Tsd. EUR

Revenues

12.510

-12%

14.242

24.405

-12%

27.683

Revenues consulting

10.198

-17%

12.245

19.942

-16%

23.678

Revenues software

2.312

16%

1.997

4.463

12%

4.005

Revenues Germany

5.287

2%

5.189

10.100

-3%

10.464

Revenues foreign countries

7.223

-20%

9.053

14.305

-17%

17.219

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

218

-81%

1.130

287

-84%

1.752

Earnings Before Interest and Taxes (EBIT)

-312

-177%

403

-853

-445%

247

Earnings Before Taxes (EBT)

-202

1%

-205

-752

-296%

-190

Net income

-230

59%

-557

-766

18%

-938

Earnings per share (EUR)

-0,05

55%

-0,11

-0,15

21%

-0,19

Investments and depreciation

Investments

1.835

168%

685

2.609

183%

-3.146

Depreciation

530

-27%

727

1.140

-24%

1.505

Assets, shareholders' equity and liabilities

Assets

59.892

-5%

62.806

Current assets

42.855

-2%

43.650

Noncurrent assets

17.037

-11%

19,156

Net cash and cash equivalents

21.013

15%

18.207

Shareholders' equity

43.490

0%

43.307

Equity ratio

72,6

5%

69,0

Current liabilities

13.718

-15%

16.048

Noncurrent liabilities

2.684

-22%

3.451

Key Figures

Gross margin (%)

36,1

38,4

35,7

37,2

EBITDA margin (%)

1,7

7,9

1,2

6,3

EBITmargin (%)

-2,5

2,8

-3,5

0,9

Cash flow from operating activities

965

-354

1.152

2.506

Cash flow from investing activities

-1.835

-685

-2.609

3.146

Cash flow from financing activities

78

224

-115

-467

30.06.04

30.06.03

Number of employees

580

-8%

631