iesy Repository GmbH - Irish Stock Exchange

The movements in consolidated equity are as follows:
Subscribed
capital
iesy Repository GmbH, Hamburg
Capital
reserves
Loss carried
forward
321
Loss for the
year Equity Minorities
Consolidated
equity
T€ T€ T€ T€ T€ T€ T€
As of 31.12.2002/ 01.01.2003 25 0 0 -2 23 0 23
Loss carried forward 0 0 -2 2 0 0 0
Capital increase 10.326 96.040 0 0 106.366 0 106.366
Impact of consolidation minority
interest 0 -2.221 0 0 -2.221 6.816 4.595
Payments minority interest 0 0 0 0 10.000 10.000
Loss 0 0 0 -4.952 -4.952 -583 -5.535
As of 31.12.2003 10.351 93.819 -2 -4.952 99.216 16.233 115.449
Provisions and accruals include variable performance related compensation payments, redundancy payments and
outstanding vendor invoices.
The maturity of liabilities is as follows:
Due within
one year
Due within
five years
Due in more
than five
years years
T€ T€ T€
Liabilities to banks 7.500 142.474 0
Trade payables 5.649 0 0
Liabilities to affiliated companies 81 0 0
Other liabilities 9.058 0 0
22.288 142.474 0
Liabilities to banks of €150 mill. are secured by an assignment of a bank deposit, by account receivables and by a
passing of title for the remaining other assets.
Extraordinary expenses of €28,7 mill. result from the financial restructuring and the termination of the original
business strategy.
The breakdown of these expenses is as follows:
T€
Financial Restructuring 21.741
Staff reduction 3.839
Termination of cable network expansion 3.079
Extraordinary income of € 1,2 mill. relates mainly to income from settlements with suppliers.
7. Other Information
Other Financial Obligations
The other financial commitments result essentially from purchase obligations for network infrastructure services of
Deutsche Telekom AG, Bonn.
2003
28.659
Network infrastructure, rental, leasing and other commitments:
2004 25.216
2005 24.630
2006 24.594
2007 24.652
2008 and thereafter (annually) 24.747
T €