Slide 1: iin
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Slide 2: Summary of Results
Summary of Results | July-December 2005 — A$000 aye Six Months to 31 December 2005 2004 Incr % Licence Fees 7,008 7,352 -5% Maintenance 7,535 7,491 - Total Revenue 14,814 15,081 -2% R&D Expenses 3,803 3,017 +26% SG&A Expenses 9,215 8,486 +9% PBT 2,010 3,694 46% PAT 1,631 2,645 -38% Cash flow from op
Slide 3: Operations Review
oe o oe >» Operations Review Sales growth in key geographic segments: - Americas (USD) +13% - Europe (GBP) +14% - Asia/Pacific (USD) -5% Revenue reduced by 7% in AUD/USD rate Increased spending on: - Sales & Marketing +12% - Research & Development +26% - General & Administration -2%
Slide 4: Key Balance Sheet Items — A$000
Key Balance Sheet Items — A$000 Dec 2005} Jun 2005| Dec 2004 Cash 9,262 9,699 9,065 Receivables 10,639 10,079 8,114 Net R&D 8,808 8,875 8,421 Net Equity 19,365 19,958 17,846