Financial Data of the GFKL Group 1.1. - 31.12.2004 on basis of the IFRS consolidated financial statement
Values of the previous year have been determined by retrospective application of the respective accounting rules.
1.1 - 31.12.2004 | 1.1- 31.12.2003 | Change | |
Earnings per share of common stock in EUR (IAS 33) | 0.99 | 0.06 | >100% |
Revenues | 539,495 | 501,252 | 8% |
- thereof Leasing business | 488,607 | 459,537 | 6% |
- thereof Financial Outsourcing business | 50,123 | 41,709 | 20% |
- thereof Holding | 765 | 5 | >100% |
| |||
Interest income | 53,325 | 38,622 | 38% |
other operating income | 25,699 | 14,075 | 83% |
Total operating income | 618,519 | 558,874 | 12% |
| |||
Lease expenses | 508,667 | 478,691 | 6% |
Cost of purchased goods | 4,143 | 1,778 | >100% |
Personnel expenses | 36,872 | 28,676 | 29% |
Other operating expenses | 41,454 | 38,642 | 7% |
Other taxes | 130 | 44 | >100% |
Earnings before Depreciation | 27,253 | 6,117 | >100% |
| |||
Depreciation | 7,603 | 3,779 | >100% |
Total operating expenses | 598,869 | 551,610 | 9% |
| |||
Earnings after Depreciation | 19,650 | 2,338 | >100% |
|
|
|
|
Depreciation on investments | 1 | 0 | n/a |
Earnings from share in associated companies | -617 | 0 | n/a |
Earnings before taxes | 19,033 | 2,338 | >100% |
| |||
Taxes on income | 4,893 | 1,427 | >100% |
Earnings of minority shareholders | 53 | 0 | n/a |
Earnings after taxes | 14,087 | 911 | >100% |
| |||
Profit carried forward from previous year | 7,411 | 6,499 | 14% |
Accumulated profit | 21,498 | 7,411 | >100% |
| |||
Development of the Results in the business units | |||
-Leasing business | 10,140 | 1,768 | >100% |
-Financial Outsourcing business | 15,389 | 8,204 | 88% |
-GFKL Financial Services AG (Holding) | -3,296 | -6,277 | -47% |
-Depreciation on investments | 1 | 0 | n/a |
-earnings from share in ass. companies | -617 | 0 | n/a |
-earnings of minority shareholders | 53 | 0 | n/a |
-Transition | -2,582 | -1,357 | 90% |
| |||
New Origination of Leasing business | 450,911* | 387,868 | 16% |
- Number of new contracts | 9,200* | 8,140 | 13% |
- Average Contract Size | 49 | 48 | 3% |
| |||
Number of employees at the end of the period calculated on fulltime employee without freelancer | 657 | 420 | 57% |
Earnings before taxes per employee | 35.4 | 5.7 | >100% |
| |||
31.12.2004 | 31.12.2003 | Change | |
Total Assets | 395,516 | 378,464 | 5% |
Shareholders´ equity | 79,127 | 73,206 | 8% |
Equity ratio | 20.0% | 19.3% | 3% |
Time weighted after tax Return on equity | 18.5% | 1.3% | >100% |
*) Including the whole New Origination of Transned Lease B.V. in 2004
