Notes
2004
(€ thousand)
2003
(€ thousand)

 




Revenue

17. 61,421 57,879
Other operating income

18. 9,343 1,043
Staff costs

-813 -756
Other operating expenses
19. -19,259 -17,629
Earnings before interest, taxes and depreciation (EBITDA)


50,692 40,537
           
Depreciation and amortisation of intangible assets and property, plant and equipment

-14 -13
Earnings before interest and taxes (EBIT)


50,678 40,524
 




Interest income

-25,312 -21,973
Income from investments

4,799 3,485
Adjustments to fair value of current financial instruments

0 289
Income and expense from the measurement of financial instruments and property

8,018 5,550
Net finance costs

20. -12,495 -12,649
Profit from ordinary activities (EBT)


38,183 27,875
 




Income tax expense
21. -10,774 -7,443
Other taxes
22. -982 -1,057
Profit after taxes


26,427 19,375
 




Minority interest in earnings

1,309 -356
Profit after taxes


27,736 19,019
 




Basic earnings per share (€)


1.78 1.22

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