About Vedior

Key figures and Sales segmentation

in millions of euro unless stated otherwise	2004	2003	2004 IFRS
Income statement
Sales	6,467	5,970	6,475
Gross profit	1,141	1,074	1,141
Operating income 1)	240	174	231
Operating income 1) excluding special items 2)	217	174	213
Net income 1)	125	81	116
Net income 1) excluding special items 2)	113	81	109
Goodwill amortisation	- 276	- 274	-
Net (loss) income	- 151	- 193	116
Statistics
Increase/decrease of sales over previous year	8%	- 3%
Increase/decrease of operating income 1) excluding special items over previous year	24%	0%
Gross margin	17.6%	18.0%
Operating margin 1) excluding special items	3.3%	2.9%
Balance sheet
Group equity	663	826	905
Net interest-bearing assets and liabilities	- 491	- 587	- 492
Cash flow from operating activities	114	134
Key figures per ordinary share
Earnings per share 3) (in € )	0.73	0.47	0.68
Earnings per share 3)  excluding special items 2) (in € )	0.66	0.47	0.63
(Proposed) payment to shareholders (in € ) 4)	0.20	0.16
Other information
Average number of employees (in FTE) 5) as recorded in ‘Personnel cost'	11,905	11,424
Number of offices	2,245	2,225

Operating income 1) Operating margin 1) in millions of euro	Sales in millions of euro