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Communication is Key – Annual Report 2009

Income statement and statement of comprehensive income

Income statement for the period from January 1 to December 31, 2009

All figures in €’000 Notes 2009 2008*
* Previous year's values adjusted. The adjustments are disclosed in note 3.
Revenue (9) 503,775 552,267
Other revenue (10) 28,368 42,933
Total revenue   532,143 595,200
Commission expenses (11) – 182,619 – 204,656
Interest expenses (12) – 12,256 – 23,514
Personnel expenses (13) – 111,387 – 108,869
Depreciation and amortisation (14) – 18,120 – 20,971
Other operating expenses (15) – 165,947 – 181,769
Earnings from shares accounted for using the equity method (16) 368 740
Earnings before interest and tax (EBIT)   42,182 56,161
Other interest and similar income   7,820 5,436
Other interest and similar expenses   – 10,346 – 14,979
Finance cost (17) – 2,526 – 9,543
Earnings before tax (EBT)   39,656 46,618
Income taxes (34) – 12,486 – 15,941
Earnings from continuing operations after tax   27,170 30,677
Earnings from discontinued operations after tax   – 2,985 – 6,084
Net profit   24,185 24,593
Of which attributable to      
owners of the parent company   24,185 24,593
       
Earnings per share in € (39)    
From continuing operations      
basic   0.25 0.30
diluted   0.25 0.30
From continuing and discontinued operations      
basic   0.22 0.24
diluted   0.22 0.24

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All figures in €’000 Notes 2009 2008*
* Previous year's values adjusted. The adjustments are disclosed in note 3.
Revenue (9) 503,775 552,267
Other revenue (10) 28,368 42,933
Total revenue   532,143 595,200
Commission expenses (11) – 182,619 – 204,656
Interest expenses (12) – 12,256 – 23,514
Personnel expenses (13) – 111,387 – 108,869
Depreciation and amortisation (14) – 18,120 – 20,971
Other operating expenses (15) – 165,947 – 181,769
Earnings from shares accounted for using the equity method (16) 368 740
Earnings before interest and tax (EBIT)   42,182 56,161
Other interest and similar income   7,820 5,436
Other interest and similar expenses   – 10,346 – 14,979
Finance cost (17) – 2,526 – 9,543
Earnings before tax (EBT)   39,656 46,618
Income taxes (34) – 12,486 – 15,941
Earnings from continuing operations after tax   27,170 30,677
Earnings from discontinued operations after tax   – 2,985 – 6,084
Net profit   24,185 24,593
Of which attributable to      
owners of the parent company   24,185 24,593
       
Earnings per share in € (39)    
From continuing operations      
basic   0.25 0.30
diluted   0.25 0.30
From continuing and discontinued operations      
basic   0.22 0.24
diluted   0.22 0.24

Statement of comprehensive income for the period from January 1 to December 31, 2009

All figures in €’000 2009 2008*
* Previous year’s values adjusted. The adjustments are disclosed in note 3.
Net profit 24,185 24,593
Other comprehensive income    
Securities marked to market – 1,398 – 70
Tax expense – 78 125
Other comprehensive income after tax – 1,476 55
Total comprehensive income 22,708 24,648
     
Total comprehensive income attributable to    
owners of the parent company 22,708 24,648