Deutsche Boerse Ag · XETR:DB1

Deutsche Boerse — Deutsche Börse Group — Q1 2012 Earnings Presentation

14 slides from Deutsche Boerse's earnings presentation, Apr 27, 2012

  1. Slide 1: Q1/2012 Results Analyst and Investor Conference

    Q1/2012 Results Analyst and Investor Conference 27 April 2012

  2. Slide 2: Overview Q1/2012 Results Conference

    Deutsche Börse Group, Q1/2012 Results, 27 April 2012 Overview Q1/2012 Results Conference  Sales revenue slightly decreased by 1% to €552.4 million whereby weaker business activity was offset by the full acquisition of Eurex; net interest income increased 15% to €18.5 million  Operating costs in Q1

  3. Slide 3: Q1/2012 – Solid Performance In The First Quarter Despite Weaker Market Environment

    Deutsche Börse Group, Q1/2012 Results, 27 April 2012 Q1/2012 – Solid Performance In The First Quarter Despite Weaker Market Environment Net revenue (€m)1 Operating costs (€m)2 Earnings per share (€)2,3 578.6 526.3 510.1 506.9 506.4 1.31 1.20 1.07 1.01 0.91 240.8 225.7 216.6 222.9 198.2 Q1 Q2 Q3 Q4 Q

  4. Slide 4: Q1/2012 – Decrease In Net Revenue Compared To Q1/2011

    Deutsche Börse Group, Q1/2012 Results, 27 April 2012 Q1/2012 – Decrease In Net Revenue Compared To Q1/2011 Partially Compensated By 100% Acquisition Of Eurex Net revenue and EBIT1 (€m) Revenue  Net revenue: €506.9m (-4% y-o-y) - Net interest income: €18.5m (+15% y-o-y) 578.6 - Other operating incom

  5. Slide 5: Xetra – Sales Performance In-Line With Trading Volumes

    Deutsche Börse Group, Q1/2012 Results, 27 April 2012 Xetra – Sales Performance In-Line With Trading Volumes Business activity (Order book volume in €bn)1 Cash market net revenue (€m) Change vs. 76.4 71.2 Q1/12 Q4/11 Q1/11 62.2 23.0 59.4 18.8 56.8 DAX Equities 227.3 5% -11% 16.8 5.4 5.4 16.8 16.9 Oth

  6. Slide 6: Eurex – Sound Performance Of Equity Index Products In A Difficult Market Environment

    Deutsche Börse Group, Q1/2012 Results, 27 April 2012 Eurex – Sound Performance Of Equity Index Products In A Difficult Market Environment Paired With Full Consolidation Of Eurex Business activity (traded contracts in million) Eurex net revenue (€m) Change vs. 275.0 Q1/12 Q4/11 Q1/11 45.3 228.1 218.6

  7. Slide 7: Clearstream – Stable Year-Over-Year Net Revenue Driven By GSF Performance

    Deutsche Börse Group, Q1/2012 Results, 27 April 2012 Clearstream – Stable Year-Over-Year Net Revenue Driven By GSF Performance Business activity Clearstream net revenue (€m) Change vs. 174.4 170.9 173.1 176.9 173.8 Q1/12 Q4/11 Q1/11 31.1 26.9 33.7 30.0 31.5 Assets under custody €11.0tr 2% -3% 16.1 2

  8. Slide 8: Market Data & Analytics – Net Revenue Up 8 Percent Year-Over-Year

    Deutsche Börse Group, Q1/2012 Results, 27 April 2012 Market Data & Analytics – Net Revenue Up 8 Percent Year-Over- Year Net revenue and EBIT (€m) Development of business activity  Less volatile revenue drivers compared to the 58.1 57.0 trading businesses: Number of data packages, 54.7 54.1 number o

  9. Slide 9: Capital Management – Strong Cash Flow Generation Allows For Strong Rating Profile And Attractive Distribution Policy

    Deutsche Börse Group, Q1/2012 Results, 27 April 2012 Capital Management – Strong Cash Flow Generation Allows For Strong Rating Profile And Attractive Distribution Policy Capital Management Policy Total shareholder distributions (€m)  Continuing past practice, Deutsche Börse distributes funds not re

  10. Slide 10: Management Priorities 2012

    Deutsche Börse Group, Q1/2012 Results, 27 April 2012 Management Priorities 2012  Closing of Eurex transacation expected on 30 April 2012 Growth  Implementation of accelerated Growth Strategy – Extend products and services to unregulated/unsecured markets – Expand technological leadership – Increas

  11. Slide 11: Appendix

    Deutsche Börse Group, Q1/2012 Results, 27 April 2012 Appendix 10

  12. Slide 12: Income Statement – Group Level

    Deutsche Börse Group, Q1/2012 Results, 27 April 2012 Income Statement – Group Level Quarter ended Quarter ended 31 March 2012 31 March 2011 Sales revenue 552.4 558.6 Net interest income from banking business 18.5 16.1 Other operating income 2.8 8.3 Total revenue 573.7 583.0 Volume-related costs -66.

  13. Slide 13: Income Statement – Segmental Level

    Deutsche Börse Group, Q1/2012 Results, 27 April 2012 Income Statement – Segmental Level Xetra Eurex Clearstream Market Data & Analytics Q1/2012 Q1/2011 Q1/2012 Q1/2011 Q12012 Q1/2011 Q1/2012 Q1/2011 Sales revenue 63.9 73.0 231.0 230.0 196.7 198.1 60.8 57.5 Internal sales 0.0 0.0 0.0 0.0 1.5 1.8 7.7

  14. Slide 14: Income Statement – Sales Revenue And Net Revenue Per Product

    Deutsche Börse Group, Q1/2012 Results, 27 April 2012 Income Statement – Sales Revenue And Net Revenue Per Product Sales revenue per product (€m) Xetra Eurex Clearstream Q1/2011 Q1/2012 Q1/2011 Q1/2012 Q1/2011 Q1/2012 SUM 73.0 63.9 SUM 230.0 231.0 SUM 198.1 196.7 Trading 37.1 31.9 Index 98.4 103.5 Cu

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