Translation of "Periodenvergleich" in English

Other results rose year-on-year from € 10 million to € 20 million.

Overall, the decrease in revenue year-on-year had a negative impact on the development of EBITDA.

Adjusted for the foreign currency result, EBIT roseby 3.2% to EUR 16.9 million in a period comparison.

Net trading income in Central Europe was down 28 per cent year-on-year to € 19 million.

The segment's general administrative expenses decreased year-on-year by a total of 8 per cent to € 342 million.

Against this backdrop, the shipments of the Steel Division, which three companies from the former Processing Division have since joined, fell by 14 % year on year.

Other results for the Russia segment rose year-on-year by € 16 million in total to just under € 1 million.

The capitalisation of development costs in the past few months affected both periods in similar amounts (1.7 million euros in each case) and has no noticeable impact on the year-on-year comparison.

Reported net income increased by 53 percent to Euro 82.0 million(1-6/2015: Euro 53.6 million).After adjusting the key earnings figures for influences distorting theperiod comparison resulting from special effects, adjusted operating profitincreased by 11 percent to Euro 153.6 million in the reporting period (1-6/2015: Euro 138.1 million).

The cost/income ratio improved year-on-year by 6.7 percentage points to 42.9 per cent thanks to the considerable rise in operating income.

Income from foreign currency, notes/coins, and precious-metals business, which for the most part came from Croa- tia and Romania, rose 2 per cent year-on-year to € 32 million.

Despite adverse currency effects and prolonged geopolitical tensions this is a significant increase of 19.3 per cent in a year-on-year comparison.

For this case, the period comparison versus a predetermined reference value generates inside 350 a first result, which resets OCL to OFF (see FIG. 4).

Adjusted for these non-recurring effects, year-on-year, the operating result (EBITDA) declined by 15.1%, from EUR 300.0 million to EUR 254.6 million, and with it the EBITDA margin from 13.6% to 12.8%.

Net fee and commission income for the segment fell year-on-year by a total of 4 per cent or € 9 million to € 234 million.

Other results fell by € 16 million year-on-year from plus € 4 million to minus € 12 million, due mainly to a decline in net income from the valuation of financial investments from plus € 4 million to minus € 12 million.

Net provisioning for impairment losses in the region declined year-on-year by 30 per cent to € 50 million.

Owing to the higher price level in a year-on-year comparison, external sales of € 1.63 billion were generated which is 32 % up on the previous year’s figure (first half year of 2004: € 1.23 billion).

Despite the on average lower sales price level in a year-on-year comparison, with the concurrently higher costs of procuring raw materials and energy, another outstanding pre-tax profit of € 301.3 million was generated to follow on from the record result in 2005 (9 months 2005: € 330.6 million).

However, the still notably lower selling prices as compared with a year ago were the reason behind the decline in external sales by around a third to € 657.7 million (first quarter of 2009: € 926.9 million).

Additional improvements in prices for intra-quarter sales, especially plate, combined with higher revenues from long-term contracts effective from January were sufficient to produce these very gratifying results despite the decline in shipments of beams and flat rolled products in comparison with last year.

Earnings per share increased by 23.5% on the comparable period, reaching €0.21 (previous year: €0.17).

By contrast, net interest income in Belarus decreased year-on-year as a result of currency developments coupled with the increased proportion of net interest income in local currency and a decline in loan volume.