Financial Data of the GFKL Group 1.1. - 30.6.2002 on basis of the IFRS consolidated financial statement

Figures based on the old IAS 39.

	1.1 - 30.06.2002 in TEUR	1.1- 30.06.2001 in TEUR	Change
Cash earnings according DVFA/SG	8,043	3,806	111%
Earnings per share of common stock in EUR (IAS 33)	0.37	0.23	61%
Revenues	153,905	85,892	79%
- thereof Leasing business
- thereof Financial Outsourcing business
- thereof Holding
- thereof Transition

Interest income	21,789	7,475	191%
Other operating income	1,728	528	227%
Total operating income	177,422	93,895	89%

Lease expenses	150,078	82,018	83%
Cost of purchased goods	533	149	258%
Personnel expenses	8,584	4,573	88%
Other operating expenses	10,141	3,019	236%
Other taxes	10	9	11%
Earnings before depreciation	8,076	4,127	96%

Depreciation and amortization	759	424	79%
Total operating expenses	170,105	90,192	89%

Earnings before taxes	7,317	3,703	98%

Taxes on income	2,966	1,561	90%
Earnings after taxes	4,351	2,142	103%

Profit carried forward from previous year	8,537	4,261	100%
Accumulated profit	12,888	6,403	101%

Earnings before taxes of the business units
-Leasing business	3,655	2,482	47%
-Financial Outsourcing business	3,698	1,368	170%
-GFKL Financial Services AG (Holding)	732	-326	n/a
-Transition	-768	179	n/a

New Origination of Leasing business	122,996	77,588	59%
- Number of new contracts	2,693	1,319	104%
- Average Contract Size	46	59	-22

Number of employees at the end of the period	349	211	65%
Earnings before taxes per employee	26.3	40.6	-35%

	01.01.-30.09.2002 in TEUR	01.01.-30.09.2001 in TEUR	Change
Total assets	207,718	172,696	20%
Shareholders´ equity	71,491	19,675	263%
Equity ratio	34.42%	11.39%	202%
Time weighted after tax Return on equity*	18.09%	25.11%	-28%

^{*) projection to the year}