Slide 1: Q4 and FY/2012 Preliminary Results Analyst and Investor Conference
Q4 and FY/2012 Preliminary Results Analyst and Investor Conference 20 February 2013
Slide 2: Overview Q4 And FY/2012 Preliminary Results Conference
Deutsche Börse Group, Q4 and FY/2012 Preliminary Results, 20 February 2013 Overview Q4 And FY/2012 Preliminary Results Conference Solid financial performance in difficult environment (€661 million adjusted net income) Dividend proposal of €2.10 reflects weaker business activity in 2012 (58% pay-
Slide 3: Deutsche Börse Group Maintained Solid Financial Performance During Challenging Environment
Deutsche Börse Group, Q4 and FY/2012 Preliminary Results, 20 February 2013 Deutsche Börse Group Maintained Solid Financial Performance During Challenging Environment Many factors negatively influenced business activity in 2012 ... Continued uncertainty regarding Uncertainty about regulation of Histo
Slide 4: Net Revenue And EBIT In FY/2012 – Segmental Overview
Deutsche Börse Group, Q4 and FY/2012 Preliminary Results, 20 February 2013 Net Revenue And EBIT In FY/2012 – Segmental Overview Group Segments Net revenue Xetra Eurex Clearstream MD&A €1,932.3 million (-9%) Net rev. Net rev. Net rev. Net rev. Net interest income -20% -10% -5% -2% €52.0 million (-31%
Slide 5: Income Statement Details In The Fourth Quarter 2012
Deutsche Börse Group, Q4 and FY/2012 Preliminary Results, 20 February 2013 Income Statement Details In The Fourth Quarter 2012 Net revenue and EBIT €m Revenue Net revenue: €447.7m (-12% y-o-y) - Net interest income: €8.4m (-56% y-o-y) 510.1 506.9 506.7 - Volume related costs: €69.4m (3% y-o-y) 471
Slide 6: Dividend Proposal Of €2.10 For 2012 Reflects Weaker Business Activity In 2012
Deutsche Börse Group, Q4 and FY/2012 Preliminary Results, 20 February 2013 Dividend Proposal Of €2.10 For 2012 Reflects Weaker Business Activity In 2012 Net income Regular dividend per share €m1 Pay-out ratio (%) 49 50 51 38 56 54 52 58 1,033 € 912 2.30 839 2.10 2.10 2.10 2.10 2.10 700 722 1.70 669
Slide 7: First Tranche Of Refinancing Already Completed In 2012 – Debt Financing Expenses Will Decrease Significantly
Deutsche Börse Group, Q4 and FY/2012 Preliminary Results, 20 February 2013 First Tranche Of Refinancing Already Completed In 2012 – Debt Financing Expenses Will Decrease Significantly Overview bond issuance Debt financing expenses1 €m -24 First tranche of refinancing completed already in 86 2012 d
Slide 8: Strategic Roadmap – Investments In Growth And Infrastructure Will Be Further Increased In 2013
Deutsche Börse Group, Q4 and FY/2012 Preliminary Results, 20 February 2013 Strategic Roadmap – Investments In Growth And Infrastructure Will Be Further Increased In 2013 1 Extend products and services to unregulated/unsecured markets Expand Eurex clearing/risk management capabilities Global roll
Slide 9: Some Major Milestones Of Growth Strategy Already Achieved Over The Last 12 Months
Deutsche Börse Group, Q4 and FY/2012 Preliminary Results, 20 February 2013 Some Major Milestones Of Growth Strategy Already Achieved Over The Last 12 Months Agreement with major derivatives dealers on EurexOTC Clear offering for interest rate swaps in May 2012; launch of service in November 2012;
Slide 10: Implementation Of Efficiency Measures Over The Years Prepared Deutsche Börse Well For Current Environment
Deutsche Börse Group, Q4 and FY/2012 Preliminary Results, 20 February 2013 Implementation Of Efficiency Measures Over The Years Prepared Deutsche Börse Well For Current Environment Track record for effective cost management Cost growth of key exchange organisations Operating costs1, €m CAGR 2007-201
Slide 11: Measures To Further Increase The Operating Efficiency Create Flexibility To Increase Investments In Growth
Deutsche Börse Group, Q4 and FY/2012 Preliminary Results, 20 February 2013 Measures To Further Increase The Operating Efficiency Create Flexibility To Increase Investments In Growth Efficiency measures Ramp-up of cost savings Planned savings in personnel and non-personnel 100% costs of €70 million
Slide 12: Further Increase Of Investments In Growth And Infrastructure Result In Moderate Increase Of Operating Costs In 2013
Deutsche Börse Group, Q4 and FY/2012 Preliminary Results, 20 February 2013 Further Increase Of Investments In Growth And Infrastructure Result In Moderate Increase Of Operating Costs In 2013 Deutsche Börse Group has been the only major exchange organisation that reduced operating costs since 2007
Slide 13: Appendix
Deutsche Börse Group, Q4 and FY/2012 Preliminary Results, 20 February 2013 Appendix 12
Slide 14: Income Statement – Group Level
Deutsche Börse Group, Q4 and FY/2012 Preliminary Results, 20 February 2013 Income Statement – Group Level Q4/2012 Q4/2011 FY/2012 FY/2011 Sales revenue 507.2 541.4 2,145.3 2,233.3 Net interest income from banking business 8.4 19.3 52.0 75.1 Other operating income 1.5 16.5 11.7 57.0 Total revenue 517
Slide 15: Income Statement – Sales Revenue And Net Revenue Per Product
Deutsche Börse Group, Q4 and FY/2012 Preliminary Results, 20 February 2013 Income Statement – Sales Revenue And Net Revenue Per Product Sales revenue per product (€m) Xetra Eurex Clearstream Q4/2012 Q4/2011 Q4/2012 Q4/2011 Q4/2012 Q4/2011 SUM 51.9 60.0 SUM 208.6 221.9 SUM 187.6 197.8 Trading 23.6 29
Slide 16: Disclaimer
Deutsche Börse Group, Q4 and FY/2012 Preliminary Results, 20 February 2013 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