Other segments2) Reconciliation account/Holding company
mill. €
-66.4
-86.1
19.7
EBITDA (adjusted)1)
mill. €
753.8
600.9
152.9
EBITDA margin (adjusted)1)
in %
3.8
3.0
-
Financial Situation
01.10.2007- 30.09.2008*
01.10.2006- 30.09.2007*
CHANGE IN %
Investments
mill. €
397.0
321.2
23.6
Depreciation and amortization (not including amortization of goodwill)
mill. €
-528.9
-518.6
-2.0
Net financial liabilities/assets
mill. €
-801.8
185.4
-
Finance Lease
mill. €
-1,259.0
-814.3
54.6
Working capital
mill. €
-1,109.5
-567.5
-95.5
Full-Time Employees at the balance-sheet date (like-for-like-pro forma basis)
Thomas Cook
number
31,264
29,070
7.5
Primondo
number
15,606
16,837
-7.3
Karstadt
number
23,195
24,304
-4.6
Operating segments
number
70,065
70,211
-0.2
Other segments2),Holding company
number
378
426
-11.3
Total
number
70,443
70,637
-0.3
Arcandor Share
Earnings per share (undiluted)
€
-3.35
0.134)
-
Share price at balance-sheet date
€
2.33
23.48
-90.1
Highest price
€
23.21
29.214)
-20.5
Lowest price
€
1.87
17.964)
-89.6
* The data has been adjusted. The adjustments relate to special factors, divestments and restructuring expenses in EBITDA. 1) In order to better illustrate the development of the business Arcandor compares a full year of the current period (October 2007 to September 2008) for Thomas Cook Group plc with a full year period (October 2006 to September 2007) as if Thomas Cook Group plc had already existed. The October results for each year represent an Arcandor calculation consisting of the difference between the full year results and the September cumulative numbers of Thomas Cook Group plc. The October numbers of each year contain the usual year end bookings/adjustments and have not been readjusted for this pro forma exercise. 2) The Other segments comprise: Services and Real estate. 3) Adjusted for the accounting of catalog costs and program fees. 4) Data for the period for January 1, 2007 to September 30, 2007
