iesy Repository GmbH - Irish Stock Exchange

COURTESY TRANSLATION FROM THE GERMAN LANGUAGE
FOR INTERPRETATION, THE GERMAN TEXT SHALL PREVAIL
KABELNETZ NRW HoldCo GmbH, Cologne
CONSOLIDATED STATEMENT OF OPERATIONS
FOR THE YEAR ENDED DECEMBER 31, 2003
346
2003
Stub-Period from
May 8 until
December 31, 2002
(€000) (€000)
Sales 369,935 0
Own work capitalized 5,078 0
Other operating income 29,210 0
Cost of materials
Cost of raw materials and supplies (2,927) 0
Cost of purchased services (50,825) 0
Personnel expenses
Wages and salaries (58,746) 0
Social security and other pension costs (10,036) 0
—thereof for pensions: €2,515K (2002: €0K)
Depreciation and amortisation on intangible assets, property, plant and equipment and on
business expansion expenses (181,836) 0
Other operating expenses (99,461) (2)
Other interest and similar income 3,315 0
Interest and similar expenses (74,355) 0
Result from ordinary activities (70,648) (2)
Income taxes (77) 0
Other taxes (185) 0
Income from reversal of difference arising from capital consolidation 58,507 0
Group net loss for the year (12,403) (2)
Retained earnings (2) 0
Net accumulated loss of the Group (12,405) (2)