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Annual Report 2008
3rd place in MDAX

Consolidated income statement

Income statement for the period from January 1 to December 31, 2008

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All figures in €’000 Notes 2008 2007*
Revenues (10) 554,807 588,217
Other revenues (11) 42,940 41,584
Total revenues   597,748 629,801
Commission expenses (12) –204,656 –216,011
Interest expenses (13) –23,514 –17,335
Personnel expenses (14) –110,626 –104,936
Depreciation and amortisation (15) –20,988 –19,318
Other operating expenses (16) –182,084 –158,200
Earnings from shares accounted for using the equity method (17) 740 –65
Earnings before interest and taxes (EBIT)   56,619 113,935
Other interest and similar income   5,436 4,965
Other interest and similar expenses (18) –14,979 –8,823
Finance cost   –9,543 –3,858
Earnings before taxes (EBT)   47,076 110,078
Income taxes (32) –16,020 –32,609
Earnings from continuing operations after taxes   31,056 77,469
Earnings from discontinued operations after taxes (36) –6,271 –15,322
Net profit (total)   24,785 62,146
Of which      
shareholders of the MLP AG   24,785 62,146
minority interests account for  
       
Earnings per share in €      
From continuing operations      
basic   0.30 0.78
diluted**   0.30 0.77
From continuing and discontinued operations      
basic   0.24 0.62
diluted**   0.24 0.62
* Previous year’s values adjusted. The adjustments are disclosed under note 3
** The maximum number of ordinary shares to be issued on the closing date due to the conversion of convertible debentures (see note 42) are treated like already issued shares