Deutsche Effecten- Und Wechsel-beteiligungsgesellschaft Ag · XETR:EFF0

Deutsche Effecten- Und Wechsel-beteiligungsgesellschaft — Investor Presentation (December 2004)

21 slides from Deutsche Effecten- Und Wechsel-beteiligungsgesellschaft's investor presentation, December 2004

  1. Slide 1: DEWB Added Value - Deutsche Effecten- und Wechsel-Beteiligungsgesellschaft AG

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  2. Slide 2: Agenda

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  3. Slide 3: DEWB at a glance

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  4. Slide 4: Optical technologies are enabling technology

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  5. Slide 5: and offer an extraordinary growth potential as key technology

    KKK=~åÇ=çÑÑÉê=~å=Éñíê~çêÇáå~êó=ÖêçïíÜ éçíÉåíá~ä=~ë=âÉó=íÉÅÜåçäçÖó qÜÉ=ONëí=ÅÉåíìêó=Ó ~ÖÉ=çÑ=íÜÉ=mÜçíçåë däçÄ~ä=îçäìãÉ=çÑ=éÜçíçåáÅ ã~êâÉí=EÄáääáçå=rpAF= dêçïíÜ=ÇêáîÉêëW áë=ÖêçïáåÖ=~í=ÜáÖÜ=é~ÅÉG ! dêçïáåÖ=åìãÄÉê=çÑ= RMM éçíÉåíá~ä=~ééäáÅ~íáçåë oW =OM=B QMM `^d PMM ! eáÖÜÉê=ã~êâÉí=éÉåÉíê~íáçå RMM OMM áå

  6. Slide 6: Optical technologies are the core competence of DEWB

    léíáÅ~ä=íÉÅÜåçäçÖáÉë=~êÉ= íÜÉ=ÅçêÉ=ÅçãéÉíÉåÅÉ=çÑ=abt_ cçÅìë=çå=çéíáÅK fåîÉëíãÉåí içÅ~íáçå íÉÅÜåçäçÖáÉë= éêçÑÉëëáçå~äë gÉå~W `ççéÉê~íáçå= ÅêÉ~íÉë=ÜáÖÜ ïáíÜ=áåÇìëíêá~ä léíáÅ~ä= ïáíÜ=êÉëÉ~êÅÜ ~ï~êÉåÉëë=~í Ä~ÅâÖêçìåÇ íÉÅÜåçäçÖáÉë áåëíáíìíÉë éçíÉåíá~ä=í~êÖÉí ~åÇ=ëÉÅíçê ~åÇ `çåíáåìçìë=~åÇ=ÜáÖÜ Åçãé~åáÉë â

  7. Slide 7: Investment criteria for investments in technology companies

    fåîÉëíãÉåí=ÅêáíÉêá~=Ñçê=áåîÉëíãÉåíë áå=íÉÅÜåçäçÖó=Åçãé~åáÉë ! hÉó=ëÉÅíçêë=~êÉ=léíçÉäÉÅíêçåáÅë ~åÇ=_áçíÉÅÜåçäçÖó ! bñéÉêáÉåÅÉÇ=ã~å~ÖÉãÉåí=áå=í~êÖÉí=Åçãé~åáÉë= ! páÖåáÑáÅ~åí=ã~êâÉí=çééçêíìåáíáÉë=~åÇ=éêçéêáÉí~êó=íÉÅÜåçäçÖáÉë ! páÖåáÑáÅ~åí=ëÜ~êÉ=~åÇ=äÉ~Ç=áåîÉëíçê ! fåîÉëíãÉåí=îçäìãÉ=ÄÉíïÉÉå=€=MKR=ãáääK=

  8. Slide 8: Risk reduction through sector and phase mix of investment portfolio

    oáëâ=êÉÇìÅíáçå=íÜêçìÖÜ=ëÉÅíçê=~åÇ éÜ~ëÉ=ãáñ=çÑ=áåîÉëíãÉåí=éçêíÑçäáç fåîÉëíÉÇ=Å~éáí~ä=~ë=çÑ=aÉÅÉãÄÉê PNI=OMMQ Äó=ëÉÅíçê Äó=éÜ~ëÉ S=B NT=B OV=B V=B NT=B QU=B TQ=B léíçÉäÉÅíêçåáÅë pÉÉÇLpí~êíJìé _áçíÉÅÜåçäçÖó bñé~åëáçå q`=L=fq líÜÉê iáëíÉÇ=pÉÅìêáíáÉë Investment Management Track Introduction Listing Summ

  9. Slide 9: Hands-on management approach to increase company valuations

    e~åÇëJçå=ã~å~ÖÉãÉåí=~ééêç~ÅÜ íç=áåÅêÉ~ëÉ=Åçãé~åó=î~äì~íáçåë fåîÉëíçê=ïáíÜ=áåÑäìÉåÅÉ ! páÖåáÑáÅ~åí=ëí~âÉ ! jáäÉëíçåÉ=~ÖêÉÉãÉåíë ! pìéÉêîáëçêó=_ç~êÇ=ëÉ~í ! qáÖÜí=ÅçåíêçääáåÖ=éêçÅÉÇìêÉë léÉê~íáîÉ=ã~å~ÖÉãÉåí cìêíÜÉê=ÇÉîÉäçéãÉåí=çÑ= âåçï=Üçï ã~å~ÖÉãÉåí=Äó=Åç~ÅÜáåÖ e~åÇëJçå ! fÑ=åÉÅÉëë~êóW=s~äìÉ=ÅêÉ~íáçå

  10. Slide 10: Hands-on management by intensive coaching

    e~åÇëJçå=ã~å~ÖÉãÉåí Äó=áåíÉåëáîÉ=Åç~ÅÜáåÖ cáå~åÅÉ iÉÖ~ä=~ÑÑ~áêë ! bëí~ÄäáëÜáåÖ=íÜÉ=Ñáå~åÅá~ä=ÇÉé~êíãÉåí ! `ÜÉÅâáåÖ=çÑ=é~íÉåíë=~åÇ=äáÅÉåÅÉë ! mêçÅìêÉãÉåí=çÑ=ÑìåÇë ! `ç~ÅÜáåÖ=áå=í~ñ=~åÇ=ä~ï=áëëìÉë lêÖ~åáë~íáçå=L=pí~ÑÑ p~äÉë=L=j~êâÉíáåÖ ! ^ÇîáÅÉ=áå=Üìã~å=êÉëçìêÅÉ=áëëìÉë ! pìééçêí=áå=Éëí~ÄäáëÜáåÖ=íÜÉ=ë~

  11. Slide 11: Hands-on management by active merger management

    e~åÇëJçå=ã~å~ÖÉãÉåí= Äó=~ÅíáîÉ=ãÉêÖÉê=ã~å~ÖÉãÉåí ! ^ÅíáîÉ=jC^=ÉåÖ~ÖÉãÉåí=íç=áåÅêÉ~ëÉ=î~äìÉ=çÑ=abt_Ûë áåîÉëíãÉåí=ÜçäÇáåÖëK= qÜÉ=~áã=áë=íç=êÉ~ÅÜ=~=ÅêáíáÅ~ä=ã~ëë=Ñêçã=~å=çéÉê~íáçå~ä=éÉêëéÉÅíáîÉ=~åÇ=íç=ÅêÉ~íÉ=~= ëìÑÑáÅáÉåí=ã~êâÉí=Å~éáí~äáë~íáçå=Ñêçã=íÜÉ=Å~éáí~ä=ã~êâÉí=éçáåí=çÑ=îáÉï=êÉëéÉÅíáîÉäóK ! bñ~ãé

  12. Slide 12: Highly qualified and experienced management team

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  13. Slide 13: Experienced exit management

    bñéÉêáÉåÅÉÇ=Éñáí=ã~å~ÖÉãÉåí ! abt_=Ü~ë=êÉ~äáëÉÇ=OT=Éñáíë=ëáåÅÉ=NVVU=ìé=íç=SLOMMQ=EíÜÉêÉçÑ=U=fmlÚëF ! qÜÉëÉ=íê~åë~Åíáçåë=ÖÉåÉê~íÉÇ=€=PQTKR=ãáääáçå=Éñáí=êÉîÉåìÉë ! dáîÉå=íÜÉ=~îÉê~ÖÉ=éçêíÑçäáç=îçäìãÉ=çÑ=€=VP=ãáääáçå=Éñáíë=çÑ= €=QP=ãáääáçå=áå=~îÉê~ÖÉ=EáåÅäK=OMMQF=ïÉêÉ=êÉ~äáëÉÇ ! ^=ëéÉÅá~äáëÉÇ=Éñáí=íÉ~ã=

  14. Slide 14: Above-average cash returns generated since 1998

    ^ÄçîÉJ~îÉê~ÖÉ=Å~ëÜ=êÉíìêåë= ÖÉåÉê~íÉÇ=ëáåÅÉ=NVVU ! bñáíë=ÅçãéäÉíÉÇ=áå=OMMQW= bñáíë=NVVU=J OMMP áå=€=jáçK ! jáÅçã dãÄe=EkÉñìë=^dF PRM ! jìåáÅÜ=_áçíÉÅÜ=^Ö=EjÉÇádÉåÉ OVT ^dF PMM OVT ! apj=`çãéìíÉê=^d ORM ! hä~ìë=häÉáåãáÅÜÉä=dãÄe OMM ! lêÄçíÉÅÜ=iíÇK NRM NQNIN ! `çåíáåìçìë=Éñáí=éáéÉäáåÉ=íÜêçìÖÜ= NMM ÉÑÑá

  15. Slide 15: Excellent track record provides proof of investment expertise

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  16. Slide 16: DEWB with conservative investment valuation approach

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  17. Slide 17: Stock exchange listing offers additional advantages

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  18. Slide 18: Summary

    pìãã~êó ! cçÅìë=çå=çéíáÅ~ä=íÉÅÜåçäçÖáÉë=êÉä~íÉÇ=áåîÉëíãÉåíë=Éå~ÄäÉë= é~êíáÅáé~íáçå=áå=íÜÉ=ÑìíìêÉ=ÖêçïíÜ=çÑ=áãéçêí~åí=âÉó=áåÇìëíêá~ä=ëÉÅíçê ! bñéÉêáÉåÅÉÇ=ã~å~ÖÉãÉåí=íÉ~ã=ïáíÜ=Äêç~Ç=Éñáí=âåçïJÜçï= ! bñÅÉääÉåí=íê~Åâ=êÉÅçêÇ=éêçîáÇÉë=éêççÑ=çÑ=áåîÉëíãÉåí=ÉñéÉêíáëÉ ! píçÅâ=ÉñÅÜ~åÖÉ=äáëíáåÖ=çÑÑÉêë=ÜáÖÜÉê=Ñä

  19. Slide 19: Backup: facts & figures (based on HGB, consolidated)

    _~ÅâìéW=Ñ~Åíë=C=ÑáÖìêÉë= EÄ~ëÉÇ=çå=ed_I=ÅçåëçäáÇ~íÉÇF OMMQ OMMP= OMMO OMMN OMMM NVVV b_fq €=J NOKP=jáçK €=MKMQ=jáçK €=J NVKP=jáçK €=ORKN=jáçKK €=RNKQ=jáçK €=OTKR=jáçK fåîÉëíÉÇ=Å~éáí~ä €==TQKN=jáçK €==UNKP=jáçK €=VMKQ=jáçK €=NMUKV=jáçK €=URKV=jáçKK €=UMKN=jáçK kÉï=áåîÉëíãÉåíë €==NRKT=jáçK €==NVKO=jáç

  20. Slide 20: Backup: Selected holdings as of December 31, 2004

    _~ÅâìéW=pÉäÉÅíÉÇ=ÜçäÇáåÖë= ~ë=çÑ=aÉÅÉãÄÉê PNI=OMMQ léíçÉäÉÅíêçåáÅë _áçíÉÅÜåçäçÖó q`=L=fq líÜÉê iáëíÉÇ= jÉÇádÉåÉ=^d QIQ=B kÉñìë=^d ORIO=B jΩääÉê=Ó aáÉ=äáä~ TIU=B `çãé~åáÉë içÖáëíáâ=^d bñé~åëáçåë hpt jáÅêçíÉÅ ^d OVIT=B bmfa^rolp= UNIP=B QÑäçï=^d SRIT=B Ñáå~åÅáåÖ _áçíÉÅÜåçäçÖáÉ=^d limb=gÉå~=dãÄe OQIU=B

  21. Slide 21: Backup: Shareholders' structure of DEWB

    _~ÅâìéW= pÜ~êÉÜçäÇÉêëÚ=ëíêìÅíìêÉ=çÑ=abt_ cêÉÉ=cäç~í PQIVB PQIPB gbklmqfh=^d PMIUB gÉåçéíáâ=sÉêã∏ÖÉåëJ îÉêï~äíìåÖëÖÉëK=ãÄe Investment Management Track Introduction Listing Summary Backup ON Strategy Team Record

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