Slide 1: Q1/2010 Results Analyst and Investor Conference
Q1/2010 Results Analyst and Investor Conference 11 May 2010
Slide 2: Overview Q1/2010 Results
Deutsche Börse Group, Q1/2010 Results, 11 May 2010 Overview Q1/2010 Results n Despite the continued restraint amongst market participants, sales revenue in Q1/2010 (€519.2 million) increased compared to prior quarters n Total costs in Q1/2010 amounted to €298.8 million; costs decreased against 2009
Slide 3: Changes To The Financial Reporting Structure In Q1/2010
Deutsche Börse Group, Q1/2010 Results, 11 May 2010 Changes To The Financial Reporting Structure In Q1/2010 n The segment structure has been simplified by merging the IT and Corporate Services (CS) segments into Xetra, Eurex, Clearstream and Market Data & Analytics 1. New segment n The external IT sa
Slide 4: Q1/2010 – Increase Of Sales Revenue And EBIT Compared To Prior Quarters
Deutsche Börse Group, Q1/2010 Results, 11 May 2010 Q1/2010 – Increase Of Sales Revenue And EBIT Compared To Prior Quarters Sales revenue and EBIT (€m) Revenue n Sales revenue: €519.2m (+3% vs. Q4/09) n Net interest income: €11.0m (−38% vs. Q4/09) 539.8 515.6 505.4 519.2 Costs 500.9 n Total costs: €2
Slide 5: Xetra – Cash Market Business Activity Improved In Q1/2010 Compared To 2009
Deutsche Börse Group, Q1/2010 Results, 11 May 2010 Xetra – Cash Market Business Activity Improved In Q1/2010 Compared To 2009 Monthly trading volume (€bn) Development of business activity Q1/10 217 n Order book volume on the electronic trading system Xetra increased 17% to €299.1 billion in Q1/10 18
Slide 6: Xetra – Trading And Clearing Sales Revenue Slightly Improved Against Prior Quarters
Deutsche Börse Group, Q1/2010 Results, 11 May 2010 Xetra – Trading And Clearing Sales Revenue Slightly Improved Against Prior Quarters Business activity Cash market sales revenue (€m) Change vs. 74.1 73.3 73.2 71.5 Q1/10 Q4/09 Q1/09 12.7 10.9 11.2 11.5 65.0 61.4 62.4 62.0 60.0 Xetra – electronic tra
Slide 7: Eurex – Surge In Fixed Income Volumes Partly Compensates Decline In Equity Based Products
Deutsche Börse Group, Q1/2010 Results, 11 May 2010 Eurex – Surge In Fixed Income Volumes Partly Compensates Decline In Equity Based Products Monthly traded contracts (m) Development of business activity 264 Q1/10 n The number of contracts traded at Eurex and ISE 257 declined 6% to 652.0 million in Q
Slide 8: Eurex – Sales Revenue Weakness In Equity Based Products Reflects Low Volatility
Deutsche Börse Group, Q1/2010 Results, 11 May 2010 Eurex –Sales Revenue Weakness In Equity Based Products Reflects Low Volatility In The First Quarter 2010 Business activity (traded contracts in million) Eurex sales revenue (€m)1 Change vs. 227.9 Q1/10 Q4/09 Q1/09 210.5 213.8 33.1 200.2 199.8 34.7 3
Slide 9: Clearstream – Sequential Growth In Assets Driven By Bond Business And Equity Recovery
Deutsche Börse Group, Q1/2010 Results, 11 May 2010 Clearstream – Sequential Growth In Assets Driven By Continuous Growth In Bond Business And Equity Market Recovery Assets under Custody (€tr)1 Q1/10 Development of business activity n Average value of assets under custody in Q1/10 amounted to €10.7 t
Slide 10: Clearstream – Resilient Business Development, Further Decline Of Net Interest Income
Deutsche Börse Group, Q1/2010 Results, 11 May 2010 Clearstream – Resilient Business Development, But Further Decline Of Net Interest Income Due To Historically Low Interest Rates Business activity Clearstream revenue (€m) Change vs. 220.9 211.1 204.0 204.1 Q1/10 Q4/09 Q1/09 31.9 198.9 25.9 21.9 17.7
Slide 11: Continued Focus On Growth Initiatives And Operating Efficiency
Deutsche Börse Group, Q1/2010 Results, 11 May 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 million i
Slide 12: Operating Efficiency – Introduction Of New Income Statement Line Item “Operating Costs”
Deutsche Börse Group, Q1/2010 Results, 11 May 2010 Operating Efficiency – Introduction Of New Income Statement Line Item “Operating Costs” In Q1/2010 Cost Reconciliation (€m) Volume related costs n Volume related costs are now disclosed separately in ≤ 1,250 the income statement n Line item consists
Slide 13: Financial Calendar And Contact Details
Deutsche Börse Group, Q1/2010 Results, 11 May 2010 Financial Calendar And Contact Details Financial Calendar Contact Details 27 May 2010 Annual General Meeting Deutsche Börse AG Investor Relations 24 Jun 2010 Investor Day 2010 Neue Börsenstrasse 1 27 Jul 2010 Publication Half-Yearly Financial 60487
Slide 14: Disclaimer
Deutsche Börse Group, Q1/2010 Results, 11 May 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. Such