Financial Data of the GFKL Group 1.1. - 30.9.2002 on basis of the IFRS consolidated financial statement

Figures based on the old IAS 39.


1.1 - 30.9.2002
in TEUR

1.1- 30.9.2001
in TEUR

Change

Cash earnings according DVFA/SG

12,910

6,335

104%

Earnings per share of common stock in EUR (IAS 33)

0.55

0.36

53%

Revenues

240,041

129,939

85%

- thereof Leasing business

230,887

123,344

87%

- thereof Financial Outsourcing business

15,338

8,220

87%

- thereof Holding

7,570

5,255

44%

- thereof Transition

-13,754

-6,880

100%

 

Interest income

35,121

14,102

149%

Other operating income

4,871

1,265

285%

Total operating income

280,033

145,306

93%

 

Lease expenses

233,874

123,779

89%

Cost of purchased goods

843

325

159%

Personnel expenses

15,310

7,468

105%

Other operating expenses

16,056

7,218

122%

Other taxes

177

42

321%

Earnings before depreciation

13,773

6,474

113%

 

Depreciation and amortization

1,192

636

87%

Total operating expenses

267,452

139,468

92%

 

Earnings before taxes

12,581

5,838

116%

 

Taxes on income

5,659

2,474

129%

Earnings after taxes

6,922

3,364

106%

 

Profit carried forward from previous year

8,537

4,261

100%

Accumulated profit

15,459

7,625

103%

 

Earnings before taxes of the business units

-Leasing business

6,367

3,975

60%

-Financial Outsourcing business

7,776

2,600

199%

-GFKL Financial Services AG (Holding)

-748

313

n/a

-Transition

-814

-1,050

n/a

 

New Origination of Leasing business

196,886

112,012

76%

- Number of new contracts

4,023

1,919

110%

- Average Contract Size

49

58

-16%

 

Number of employees at the end of the period

362

239

51%

Earnings before taxes per employee

40.6

27.7

46%

 

1.1.-30.9.2002
in TEUR

1.1.-30.9.2001
in TEUR

Change

Total assets

234,819

130,688

80%

Shareholders´ equity

74,061

21,627

242%

Equity ratio

31.54%

16.55%

91%

Time weighted after tax Return on equity*

18.68%

24.87%

-25%


*) projection to the year