Financial Data of the GFKL Group 1.1. - 30.9.2004 on basis of the IFRS consolidated financial statement

Values of the previous year based on the retrospective use of the IAS 32 (revised 2003) and IAS 39 (revised 2003) determines.

	1.1 - 30.9.2004 in TEUR	1.1- 30.9.2003 in TEUR	Change
Earnings per share of common stock in EUR (IAS 33)	0.85	0.33	162%
Revenues	379,636	361,867	5%
- thereof Leasing business	350,401	332,251	5%
- thereof Financial Outsourcing business	29,221	29,610	-1%
- thereof Holding	14	6	153%

Interest income	38,096	30,853	23%
Other operating income	19,634	14,798	33%
Total operating income	437,366	407,518	7%

Lease expenses	361,970	349,840	3%
Cost of purchased goods	2,168	949	128%
Personnel expenses	25,227	20,367	24%
Other operating expenses	29,317	25,840	13%
Other taxes	29	27	8%
Earnings before depreciation	18,655	10,495	78%

Depreciation and amortization	3,932	2,531	55%
Total operating expenses	422,643	399,554	6%

Operating result after depreciation	14,723	7,964	85%

Earnings from share in ass. companies	-605	0	n/a
Earnings of minority shareholders	166	0	n/a
Earnings before taxes	14,285	7,964	79%


Taxes on income	2,169	3,345	-35%
Earnings after taxes	12,117	4,619	162%

Profit carried forward from previous year	9,338	6,743	38%
Accumulated profit	21,454	11,362	89%

Earnings before taxes of the business units
-Leasing business	5,084	4,572	11%
-Financial Outsourcing business	12,358	5,601	121%
-GFKL Financial Services AG (Holding)	-2,383	-999	139%
-earnings from share in ass. companies	-605	0	n/a
- earnings of minority shareholders	166	0	n/a
-Transition	-335	-1,211	-72%

New Origination of Leasing business	290,024	283,888	2%
- Number of new contracts	6,061	6,169	-2%
- Average Contract Size	48	46	4%

Number of employees at the end of the period	746	477	56%
Earnings before taxes per employee	25.8	17.5	48%

	30.9.2004 in TEUR	30.9.2003 in TEUR	Change
Total assets	402,994	347,818	16%
Shareholders´ equity	78,978	70,088	13%
Equity ratio	19.6%	20.2%	-3%
Time weighted after tax return on equity*	21.0%	9.1%	131%

^{*) projection to the year}