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Group Key Data Financial calendar ANNUAL REPORT 1999 REPORT ANNUAL Press conference on the in DM million 1995 1996 1997 1998 1999 Page annual financial statements 30th May 2000 Sales 4,256* 4,420 4,599 4,811 5,211 9 General meeting of shareholders 28th June 2000 Change (%) 4.7 3.8 4.1 4.6 8.3 Dividend payment 29th June 2000 Profit 8 Net profit for the year 142 164 211 276 295 Interim report End of August 2000 Return on sales (%) 3.4 3.7 4.6 5.7 5.7 Return on average equity capital (%) 22.8 24.3 28.3 31.8 29.5 Profit as per DVFA/SG** 108 121 201 193 196 Share details ANNUAL REPORT 1999 Balance sheet 11 Balance sheet total 2,506 2,571 2,712 2,984 3,134 1998 1999 Fixed assets 1,235 1,195 1,319 1,367 1,578 Fixed asset cover (%) 53.0 58.3 60.1 69.0 67.0 Liquid assets 632 686 686 715 557 Dividend DM 26.00 28.00 Shareholders' funds (excl. retained profits) 654 697 792 943 1,057 Tax credit DM 11.14 12.00 Equity ratio (%) 26.1 27.1 29.2 31.6 33.7 If you require further information about this Long-term liabilities 353 298 246 174 177 Dividend Annual Report, please contact (including tax credit) DM 37.14 40.00 Axel Springer Verlag AG Capital expenditure 218 240 395 283 476 DVFA/SG profit Finance and Accounting/ Depreciation 245 178 225 241 193 (excluding tax credit) € 29.07 29.44 Corporate Controlling Cash flow 418 361 448 530 492 Axel-Springer-Platz 1 Share price D-20350 Hamburg Share 9 at end of year € 716 1,185 Profit as per DVFA/SG Phone.: ++ 49 (0) 40 / 3 47 - 2 35 23 per share (DM)** 31.68 35.54 59.12 56.86 57.58 Highest share price € 828 1,210 Fax: ++ 49 (0) 40 / 3 47 - 2 42 89 E-mail: [email protected] Dividend per share (DM) 14.00 20.00 20.00 26.00 28.00 Lowest share price € 465 730 Bonus per share (DM) 3.00 4.00 The Annual Report and other information on Year-end share price (€) 493.00 468.00 644.00 716.00 1,185.00 Average share price € 674 988 Axel Springer Verlag are available on the Internet: Number of employees 39 Price-earnings ratio 24.63 40.25 http://www.asv.de Annual average 12,878* 12,346 12,195 12,052 12,504 Security identification code 725.090 This report is printed on 100 % recycled paper. *Adjusted for comparative purposes to the change in the consolidated group in the following year. Reuters SPRG.F **Adjusted for comparative purposes to the modified guidelines for the calculation of the DVFA/SG profit. Bloomberg SPR AXEL SPRINGER VERLAG AXEL SPRINGER Segments Publishers Electronic Media Electronic Media Distribution Other Investments AKTUELL Presse-Fern- Buch- u. Zeitschriftenverlags- Ullstein Ges.mbH, 4) 88.5829% sehen GmbH & Co. KG, CompuTel VVDG Verlags- und 1) 2) beteiligungsgesellschaft mbH 0.15% "Overbruck" Spedition GmbH, Vienna/Austria Hamburg Telefonservice GmbH, Industrieversicherungs- 100% & Co. KG, Innsbruck/Austria 100% 100% Hamburg 100% 99.85% Cap.: ATS 327.511 million via 2) Hamburg dienste GmbH, Berlin Cap.: ATS 35.0 million 10.0815% Cap.: DM 3.0 million Cap.: DM 100.36 million Cap.: DM 0.1 million Cap.: DM 0.15 million Pages 18-23 Newspapers Breakdown of sales Pages 32-35 Electronic media Breakdown of sales Alpenländische Medienver- SAT.1 SatellitenFernsehen Z. Z.- Verlagsservice Other countries Moser Holding AG, AS ADAMO GmbH, 1) 4) TourVers Touristik- 4) Germany Other countries Germany waltungsgesellschaft mbH & 20% GmbH, Mainz und Berlin Eichberg GmbH & Co. KG, in DM million 1998 1999 8% 92% in DM million 1998 1999 6% 65% 65% Innsbruck/Austria 100% Hamburg Versicherungs-Service GmbH, 94% Co. KG, Innsbruck/Austria 21% Cap.: DM 200.0 million 100% Mörfelden-Walldorf 100% Cap.: ATS 11.5 million Cap.: DM 0.05 million Munich Cap.: ATS 50.0 million Cap.: DM 0.05 million Cap.: DM 0.1 million Sales 2,776 2,915 Sales 85 164 KG Hamburg 1 Fernsehen Schlüsselwerbung J.S. Axel Springer Verlag TT-Medienholding Ges.mbH, Beteiligungs GmbH & Co., ASV Direktmarketing GmbH, 1) Result 231 240 Result 19 27 Moser Ges.mbH, 11.3% AutoEuro GmbH & 4) Vertriebsgesellschaft mbH, 65% Innsbruck/Austria 100% Hamburg 70% 100% Berlin Innsbruck/Austria Co. KG, Hamburg Hamburg 100% Cap.: ATS 0.5 million Cap.: DM 10.0 million Cap.: DM 0.05 million Cap.: ATS 0.5 million Cap.: DM 0.1 million Cap.: DM 0.262 million Depreciation 83 80 Depreciation 1 6 Capital expenditure 97 97 Capital expenditure 54 56 Schlüsselwerbung Moser TT-Verlags- und Manage- AS TV-Produktions- Buch- und Presse- Booxtra GmbH & Co. KG, Kieler Zeitung GmbH & Co. Ges.mbH & Co. OHG, ment Ges.mbH, und Vertriebsgesellschaft Großvertrieb Hamburg 65% 100% 100% 25% Augsburg 58.25% 24.5% Offsetdruck KG, Kiel Innsbruck/Austria Innsbruck/Austria mbH, Hamburg GmbH & Co. KG, Hamburg Cap.: EUR 0.1 million Cap.: DM 5.0 million Employees (no.) 5,958 6,047 Employees (no.) 143 339 Cap.: ATS 1.0 million Cap.: ATS 0.5 million Cap.: DM 0.1 million Cap.: DM 0.75 million EMAP France / Tiroler Wochenzeitung V.V. Vertriebs-Vereinigung ISPR Internationale Sport- WSI Webseek Infoservice AXEL SPRINGER (EMAS) Verlagsges. mbH, GmbH & Co. KG, Berliner Zeitungs- u. Zeit- GMZ Druckerei GmbH & Co., 50% S.E.N.C., Paris/France 100% Innsbruck/Austria rechte-Verwertungsgesell- 25% 48.5% schriften Grossisten GmbH 74.9% Berlin 50% schaft mbH, Munich Hamburg Cap.: FRF 1.0 million Cap.: ATS 0.8 million Cap.: DM 0.1 million & Co. KG, Berlin Cap.: DM 6.0 million Cap.: DM 1.0 million Cap.: DM 0.2 million Pages 24-29 Magazines Breakdown of sales Pages 36-37 Printing Breakdown of sales Schlüsselverlag J.S. Moser Medical Tribune 1) Ges.mbH, Innsbruck/ Axel Springer TV 1) Presse-Vertrieb Pfalz Other countries International GmbH, 99.9% SPORT1 GmbH & Co. KG, PPS Presse-Programm-Service Germany Other countries Germany 100% Austria Productions GmbH, 32% GmbH & Co. KG, in DM million 1998 1999 in DM million 1998 1999 Hamburg 100% 25.5% Hamburg 90% GmbH, Berlin 21% 79% 8% 92% via TT-Medienholding Hamburg Frankenthal Cap.: DM 4.0 million 0.1% Cap.: EUR 0.1 million Cap.: DM 0.05 million Cap.: ATS 33.0 million Cap.: DM 0.25 million Cap.: DM 0.5 million Sales 1,271 1,337 Sales 1,282 1,232 Medical Tribune 1) Intergraphik Ges.mbH, Axel Springer 1) 4) dsb Abo-Betreuung GmbH, Stilke Buch- und Verlagsgesellschaft mbH, 51% Innsbruck/Austria Result 34 44 Result 0 0 TV NEWS 47.52% Neckarsulm Zeitschriftenhandels- 100% Wiesbaden 49% via TT-Medienholding 100% Investments in 7 radio stations 24% GmbH, Hamburg Cap.: DM 0.25 million gesellschaft mbH, Hamburg Cap.: DM 2.0 million Cap.: ATS 0.5 million Cap.: EUR 0.025 million Cap.: DM 7.5 million Depreciation 35 47 Depreciation 38 54 Schwartzkopff TV 4) Capital expenditure 33 170 Capital expenditure 79 143 Axel Springer Japan Medienagentur West ZZ-Kurier Gesellschaft für 1) Productions GmbH, Publishing Inc., (MA-West) Ges.mbH, 100% Zeitungs- u. Zeitschriften- 100% 90.2% Hamburg Tokyo/Japan 100% Innsbruck/Austria vertrieb mbH, Hamburg Cap.: DM 0.05 million Employees (no.) 2,065 2,200 Employees (no.) 3,270 3,025 Cap.: JPY 50.0 million Cap.: ATS 0.5 million Cap.: DM 0.05 million Consolidated group: Commerz-Film Multimedia "Medical Tribune"-AG, Mediengesellschaft mbH, Investments in 8 wholesalers Produktions Ges.mbH, 100% Basle/Switzerland 100% Hamburg in Eastern Germany 100% Innsbruck/Austria Cap.: CHF 1.0 million Cap.: DM 0.2 million (9% in each case) Fully consolidated Cap.: ATS 0.5 million Pages 30-31 Books Breakdown of sales Group Breakdown of sales Consolidated on a pro rata basis Axel Springer TV 3) 4) Other countries Germany Medical Beteiligungs 1) International Limited, Other countries Germany 100% GmbH, Wiesbaden 85% in DM million 1998 1999 11% 89% in DM million 1998 1999 15% 85% London/United Kingdom 1) Cap.: DM 0.05 million Cap.: GBP 0.1 million Profit and loss transfer agreement with the parent company. Sales 92 151 Sales 4,811 5,211 2) Via 'Axel Springer Verlag' GRB Entertainment, Inc., Beteiligungsgesellschaft mbH, Berlin. Result – 10 – 17 Result 276 295 51% Studio City/USA 3) Cap.: USD 0.003 million Via Axel Springer International Group Limited, London/United Kingdom. Depreciation 4 2 Depreciation 241 193 4) Consolidated for the first time. Position as of December 1999 Capital expenditure 5 3 Capital expenditure 283 476 Employees (no.) 164 256 Employees (no.) 12,052 12,504 73 74 www.asv.de ¥ [email protected] Glossary • Audiotex Automatic handling of voice and fax value- added services in fix ed-line and mobile networ k s . • Broadcast Dissemination of news and information to any number of viewers/listeners, e.g. radio and TV. • Business-to-Business Relationships and transactions between business enterprises. • Classified business Small ads in daily and weekly newspapers ar- ranged according to specific categories (e.g. jobs, houses, cars). • Content management Management of the content transported via the electronic media. • Contract printing Printing contracts that occur at irregular inter- vals, e.g. catalogues. • Customer magazine Magazine-style advertising publications which are distributed free of charge by companies, retailers, etc.. • E-Commerce Electronic trading with business and/or private customers via the ➟ Internet. • Free advertiser Periodical publication which is funded exclusive- ly out of advertising revenues.