Revenues and Income

Q3/2003
Tsd. EUR

Change

Q3/2002
Tsd. EUR

Q1-Q3/2003
Tsd. EUR

Change

Q1-Q3/2002
Tsd. EUR

Revenues

13.456

-3%

13.923

41.139

-4%

43.067

Revenues Consulting

11.284

-4%

11.782

34.962

-5%

36.987

Revenues Software

2.172

1%

2.141

6.177

2%

6.080

Revenues Germany

5.305

-17%

6.356

15.769

-13%

18.211

Revenues Foreign Countries

8.151

8%

7.567

25.370

2%

24.856

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

1.043

-38%

1.672
-

2.795

14%

3.250

Earnings Before Interest and Taxes (EBIT)

314

-62%

837
-

561

-37%

894

Earnings Before Taxes (EBT)

410

-58%

971

220

-83%

1.275

Net Income

82

-60%

207

-856

-678%

-110

Earnings Per Share in EUR

0,02

-50%

0,04
-

-0,17

-750%

-0,02

Investments and Depreciation

Investments

5.140

83%

2.970

1.994

-69%

6.386

Depreciation

729

-13%

835

2.234

-5%

2.356

Assets, Shareholders' Equity and Liabilities

Assets

61.975

0%

62.159

Current Assets

43.547

5%

41.309

Noncurrent Assets

18,428

-12%

20.850

Net Cash and Cash Equivalents

19.375

15%

16.807

Shareholders' Equity

43.478

-1%

43.860

Equity Ratio

70,2

-1%

70,6

Current Liabilities

15.429

7%

14.464

Noncurrent Liabilities

3.068

-20%

3.835

Key Figures

Gross-Margin (%)

37,6

37,0

37,3

35,7

EBITDA-Margin (%)

7,8

12,0

6,8

7,6

EBIT-Margin (%)

2,3

6,0

1,4

2,1

Cash Flow from Operating Activities

1.322

1.165

3.828

4.192

Cash Flow from Investing Activities

-5.140

-2.970

-1.994

-6.386

Cash Flow from Financing Activities

-353

-385

-820

-774

Number of Employees

619

-5%

654