2nd quarter
2007/2008¹

2nd quarter
2006/2007²

Change

6 months
2007/2008³

6 months
2006/2007⁴

Change

Financial Statement (€ million)⁵

Net Sales

581

537

8%

1,183

1,085

9%

of which Banking

413

350

18%

818

698

17%

of which Retail

168

187

–10%

365

387

–6%

Gross profit

161

151

7%

320

298

7%

Gross profit as a percentage of net sales

27.7%

28.1%

–

27.0%

27.5%

–

Research & development expenses

–25

–24

4%

–48

–46

4%

R&D expenses as a percentage of net sales

4.3%

4.5%

–

4.1%

4.2%

–

Selling, general and administration expenses⁶

–87

–83

5%

–171

–162

6%

SG&A expenses as a percentage of net sales

15.0%

15.5%

–

14.5%

14.9%

–

EBITA⁷

49

44

11%

101

90

12%

EBITA as a percentage of net sales (EBITA margin)

8.4%

8.2%

–

8.5%

8.3%

–

of which Banking

40

34

18%

81

69

17%

as a percentage of net sales banking

9.7%

9.7%

–

9.9%

9.9%

–

of which Retail

9

10

–10%

20

21

–5%

as a percentage of net sales retail

5.4%

5.3%

–

5.5%

5.4%

–

Depreciation of tangible assets and amortization of licenses

12

11

9%

22

22

0%

EBITDA

61

55

11%

123

112

10%

EBITDA as a percentage of net sales (EBITDA margin)

10.5%

10.2%

–

10.4%

10.3%

–

Profit for the period

29

24

21%

61

49

24%

Profit for the period as a percentage of net sales

5.0%

4.5%

–

5.2%

4.5%

–

Profit for the period before carve out

32

26

23%

66

54

22%

Profit for the period before carve out as a percentage of net sales

5.5%

4.8%

–

5.6%

5.0%

–

Cash flow (€ million)

Cash flow from operating activities

142

131

8%

March 31, 2008

September 30, 2007

Change

Key Balance Sheet Figures (€ million)

Working Capital⁸

167

255

–88

as a percentage of net sales (annualized)

7.1%

11.9%

–

Net debt

210

182

28

Equity⁹

213

278

–65