Slide 1: Q3/2010 Results Analyst and Investor Conference
Q3/2010 Results Analyst and Investor Conference 28 October 2010
Slide 2: Overview Q3/2010 Results Conference
Deutsche Börse Group, Q3/2010 Results, 28 October 2010 Overview Q3/2010 Results Conference n Sales revenue in Q3/2010 (€504.3 million) increased slightly compared to Q3/2009; net interest income amounted to €15.8 million, in-line with the Q2/2010 level n Total costs in Q3/2010 amounted to €287.0 mil
Slide 3: Q3/2010 – Continued Delivery On Costs Results In EPS Growth
Deutsche Börse Group, Q3/2010 Results, 28 October 2010 Q3/2010 – Continued Delivery On Costs Results In EPS Growth Sales revenue (€m) Total costs (€m)1 Earnings per share (€)1 564.4 519.2 500.9 505.4 504.3 2 1.19 329.8 303.6 271.0 274.0 274.1 0.92 2 0.95 0.92 0.84 Q3 Q4 Q1 Q2 Q3 Q3 Q4 Q1 Q2 Q3 Q3 Q4
Slide 4: Q3/2010 – Slight Year-Over-Year Increase Of Sales Revenue And Earnings
Deutsche Börse Group, Q3/2010 Results, 28 October 2010 Q3/2010 – Slight Year-Over-Year Increase Of Sales Revenue And Earnings Sales revenue and EBIT (€m) Revenue n Sales revenue: €504.3m (+1% vs. Q3/09) n Net interest income: €15.8m (−28% vs. Q3/09) 564.4 n Other operating income: €11.7m (−37% vs. Q
Slide 5: Xetra – Cash Market Business Activity In Q3/2010 Slightly Above Previous Year Levels
Deutsche Börse Group, Q3/2010 Results, 28 October 2010 Xetra – Cash Market Business Activity In Q3/2010 Slightly Above Previous Year Levels Monthly trading volume (€bn) Q3/10 Development of business activity 213 n Order book volume on the electronic trading system Xetra increased 2% y-o-y to €271.4
Slide 6: Xetra – Sales Revenue In Q3/2010 Exceed 2009 Level
Deutsche Börse Group, Q3/2010 Results, 28 October 2010 Xetra – Sales Revenue In Q3/2010 Exceed 2009 Level; Scoach Reflected In “Result From Equity Investments” Since Q1/2010 Business activity Cash market sales revenue (€m) Change vs. 73.2 71.5 70.8 Q3/10 Q2/10 Q3/09 11.2 11.5 65.0 62.0 63.3 60.0 16.
Slide 7: Eurex – Volumes In Europe Increased 4 Percent in Q3/2010
Deutsche Börse Group, Q3/2010 Results, 28 October 2010 Eurex – Volumes In Europe Increased 4 Percent in Q3/2010; Environment For US Options Remains Challenging Monthly traded contracts (m)1 Q3/10 Development of business activity 264 n The number of contracts traded at Eurex and ISE 248 decreased 11%
Slide 8: Eurex – More Favorable Business Mix Results In Increase Of Revenues Per Contract
Deutsche Börse Group, Q3/2010 Results, 28 October 2010 Eurex – More Favorable Business Mix Results In Increase Of Revenues Per Contract In Q3/2010 Business activity (traded contracts in million) Eurex sales revenue (€m) Change vs. Q3/10 Q2/10 Q3/09 246.1 213.8 36.4 Index 181.3 −24% −7% 200.2 199.9 1
Slide 9: Clearstream – Q3/2010 Saw Year-Over-Year Growth In Custody And Settlement
Deutsche Börse Group, Q3/2010 Results, 28 October 2010 Clearstream – Q3/2010 Saw Year-Over-Year Growth Of 3 Percent In Custody And Settlement Assets under Custody (€tr)1 Q3/10 Development of business activity n Average value of assets under custody in Q3/10 amounted to €10.9 trillion (+3% y-o-y) n N
Slide 10: Clearstream – Sales Revenue And Net Interest Income Broadly In Line With Strong Q2
Deutsche Börse Group, Q3/2010 Results, 28 October 2010 Clearstream – Sales Revenue And Net Interest Income In Q3/2010 Broadly In Line With Strong Second Quarter Business activity Clearstream revenue (€m) Change vs. 204.0 204.0 207.6 205.6 Q3/10 Q2/10 Q3/09 198.9 17.7 15.7 15.8 21.9 11.0 Assets under
Slide 11: Market Data & Analytics – Year-Over-Year Growth Of Sales Revenue
Deutsche Börse Group, Q3/2010 Results, 28 October 2010 Market Data & Analytics – Year-Over-Year Growth Of Sales Revenue, Even If Adjusted For STOXX Consolidation Sales revenue and EBIT (€m) Development of business activity n Less volatile revenue drivers compared to the trading 55.6 55.2 52.5 busine
Slide 12: Continued Focus On Growth Initiatives And Operating Efficiency
Deutsche Börse Group, Q3/2010 Results, 28 October 2010 Continued Focus On Growth Initiatives And Operating Efficiency While Maintaining Strong Financial Position n Deutsche Börse increases the annual expenses for growth initiatives and advancements of technology by more than 50% to around €100 milli
Slide 13: Growth – Selected Initiatives Across All Segments Continue To Build Traction
Deutsche Börse Group, Q3/2010 Results, 28 October 2010 Growth – Selected Initiatives Across All Segments Continue To Build Traction Xetra Monthly order book volume ETFs (€bn)1 Clearstream Euro GC Pooling (€bn)3 13.9 109.4 10.3 11.3 92.1 9.1 61.4 31.7 2007 2008 2009 9M/10 2007 2008 2009 9M/10 Eurex M
Slide 14: Operating Efficiency – Program To Optimize Processes And Costs
Deutsche Börse Group, Q3/2010 Results, 28 October 2010 Operating Efficiency – Program To Optimize Processes And Costs Ahead Of Implementation Schedule Ramp-up cost measures (€m) n Around €150 million cost savings by 2013 through 2010E 2011E 2012E 2013E optimization of operational process and costs a
Slide 15: Operating Efficiency – Cost Guidance For 2010 Reduced To Around €1,150 Million
Deutsche Börse Group, Q3/2010 Results, 28 October 2010 Operating Efficiency – Cost Guidance For 2010 Reduced To Around €1,150 Million Excluding Costs For Efficiency Programs Update 2010 cost guidance (€m) n Due to the positive cost performance in the first nine 1,210 25 months 2010, the Company now
Slide 16: Capital Management – Focused On Maintaining Strong Credit And Rating Profile
Deutsche Börse Group, Q3/2010 Results, 28 October 2010 Capital Management – Deutsche Börse Group Is Focused On Maintaining Its Strong Credit And Rating Profile n Continuing past practice, Deutsche Börse AG distributes funds not required for the Group’s operating business and further development to i
Slide 17: Appendix
Deutsche Börse Group, Q3/2010 Results, 28 October 2010 Appendix 16
Slide 18: Financial Calendar And Contact Details
Deutsche Börse Group, Q3/2010 Results, 28 October 2010 Financial Calendar And Contact Details Financial Calendar Contact Details 15 Feb 2011 Publication preliminary results Deutsche Börse AG Q4/2010 and FY 2010 Investor Relations 16 Feb 2011 Analyst and investor conference Q4/2010 and FY 2010 Mergen
Slide 19: Income Statement – Group Level
Deutsche Börse Group, Q3/2010 Results, 28 October 2010 Income Statement – Group Level Quarter ended Quarter ended Nine months ended Nine months ended 30 September 2010 30 September 2009 30 September 2010 30 September 2009 Sales revenue 504.3 500.9 1,587.9 1,556.3 Net interest income from banking bus
Slide 20: Income Statement – Segmental Level
Deutsche Börse Group, Q3/2010 Results, 28 October 2010 Income Statement – Segmental Level Xetra Eurex Clearstream Market Data & Analytics Q3/2010 Q3/2009 Q3/2010 Q3/2009 Q3/2010 Q3/2009 Q3/2010 Q3/2009 Sales revenue 63.3 73.2 196.0 200.2 189.8 182.1 55.2 45.4 Internal sales 0.0 0.0 0.0 0.0 1.5 2.4 6
Slide 21: Disclaimer
Deutsche Börse Group, Q3/2010 Results, 28 October 2010 Disclaimer Cautionary note with regard to forward-looking statements This document contains forward-looking statements and statements of future expectations that reflect management's current views and assumptions with respect to future events. S