Every day counts - Deutsche Beteiligungs AG

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96 January 29, 2004 March 18, 2004 June 14, 2004 June 2004 September 14, 2004 December 2004 January 2005 Shareholder information Status Financial Calendar Annual Press Conference Analysts’ Conference Call Annual Meeting 2004 Report on the First Quarter Analysts’ Conference Call Report on the Second Quarter/First Six Months Analysts’ Conference Call Analysts’ Conference Report on the Third Quarter Analysts’ Conference Call German Mid Cap Conference Annual Press Conference Imprint Annual Report 2002/2003 Published by the Board of Management of Deutsche Beteiligungs AG Editing and coordination: Thomas Franke Design and production: Golin/Harris B&L GmbH, Frankfurt am Main English translation: Barbara Ziegner, Frankfurt am Main Photography: Stefan Döberl, Darmstadt Typography and lithography: Studio Oberländer, Frankfurt am Main Printed by Frotscher Druck, Darmstadt Deutsche Beteiligungs AG Investor Relations and Public Relations Kleine Wiesenau 1 D-60323 Frankfurt am Main Telephone: + 49 (69) 9 57 87-307 Fax: + 49 (69) 9 57 87-391 E-Mail: IR@deutsche-beteiligung.de Internet: www.deutsche-beteiligung.de December 31, 2003 The Annual Report is published in German and in English. The German version of this report is authoritative. Forward-looking statements This report contains forward-looking statements related to the prospects and progress of Deutsche Beteiligungs AG. These statements are based on assumptions and information currently available. Although we believe these forward-looking statements to be realistic, there can be no guarantee. Our assumptions are subject to risks and uncertainties, and actual results may vary materially. These include fluctuations on capital markets, in currency exchange rates and interest rates, or principal changes in the business environment. An up-date on these forward-looking statements is not planned. © Deutsche Beteiligungs AG 2003 Printed on non-chlorine bleached paper.
FIVE-YEAR FINANCIAL SUMMARY in millions of € 2002/03 2001/02 2000/01 1999/00 1 1998/99 1 Investment position Investments 30 29 31 101 57 Portfolio volume 300 313 311 324 275 Investments (number) 43 49 49 50 47 Income position EBIT 7.7 –10.4 9.2 46.1 45.5 Result of ordinary activity 4.4 –15.9 6.4 43.0 42.5 Net income/loss after taxes 3.1 –15.8 9.2 32.1 37.5 Earnings per share in € 0.22 –1.13 0.65 2.56 2 3.13 Dividends in € none 3 none 0.50 1.80 1.79 Financial position Cash flow 4 13 11 20 43 39 Cash flow 4 per share in € 0.96 0.77 1.40 3.44 3.26 Depreciation and amortization 5 17 27 12 17 2 Working capital 6 –9 –6 –5 –3 18 Assets Long-term assets 258 271 292 253 231 Current assets 34 36 38 40 53 thereof, liquid funds at Oct. 31 7 5 0 7 0 0 Equity 158 155 179 198 129 in % of total assets 54 51 54 68 45 Provisions 19 17 25 24 32 Liabilities 114 135 126 71 123 in % of total assets 39 44 38 24 43 Total assets 292 307 330 292 285 Return ratios Return on equity 8 in % (before taxes) 2.8 n.a. 3.7 40.0 46.4 Return on equity 9 in % (after taxes) 2.0 n.a. 5.3 29.8 41.0 Return on total capital employed 10 in % 2.6 n.a. 2.8 16 16 Employees Number of employees 50 51 50 50 49 Personnel costs 7.6 7.6 8.8 10 9 1 The information for the financial years of 1998/99 and 1999/2000 exclusively relates to Deutsche Beteiligungs AG, not to the Group 2 Weighted average number of shares outstanding 3 Recommended by Board of Management and Supervisory Board 4 Result of period plus write-downs/write-ups on long-term assets 5 Write-downs on investments and depreciation on fixed assets, amortization of intangible assets 6 Working capital (current assets less current liabilities and current provisions) 7 Securities and cash in bank 8 Return on equity: earnings before income taxes divided by equity less dividends at end of previous year 9 Return on equity: earnings after income taxes divided by equity less dividends at end of previous year 10 Return on total capital employed: equity earnings before income taxes plus interest divided by total assets
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Annual Report 2002/2003 Every day c
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Deutsche Beteiligungs AG · Annual
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Wilken Freiherr von Hodenberg born
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Changes to the Board of Management
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November 1, 2002 to December 31, 20
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Shares of Deutsche Beteiligungs AG:
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Weak dollar curtails valuation rese
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Pro-active investor relations Deuts
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Prospects for our shares Capital ma
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For instance, the special accountin
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DEUTSCHE BETEILIGUNGS AG - MARKET P
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This performance is founded on six
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We build on an established network
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Platform for growth - Opportunities
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OUR PORTFOLIO - GOOD CROSS SECTION
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Volume November 1, 2002 € 313.1 m
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MANAGEMENT BUYOUTS - PARTNERSHIPS F
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Hochtemperatur Engineering GmbH Mai
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EXPANSION FINANCING - REACHING FOR
Page 49 and 50: Bauer AG Schrobenhausen Deutsche Be
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Page 55 and 56: INTERNATIONAL BUYOUT FUNDS - BALANC
Page 57 and 58: Accessing opportunities in eastern
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Page 61 and 62: PORTFOLIO - BALANCED ACROSS INDUSTR
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Page 65 and 66: MANAGEMENT’S REPORT I. Market dev
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Page 81 and 82: D. Accounting policies Deutsche Bet
Page 89 and 90: AUDITORS’ REPORT We have audited
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Page 95 and 96: Statutory offices Comparable office
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Page 99: MBO Multiples method Official Marke
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Every day counts - Deutsche Beteiligungs AG

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