Capital employed

Non-interest bearing fixed assets and current assets, excluding deferred tax assets, less non-interest bearing liabilities.

Cost of goods sold

Cost of goods sold including production and logistic costs.

Currency adjusted/currency impact translation effects:

Figures adjusted for changes in exchange rates related to consolidation.

Figures for the current year are calculated at exchange rates for the previous year. Effects of translation of balance sheet items are not included.

Earnings per share

Net income divided by the average number of shares.

EBIT

Reported operating income.

EBIT margin

EBIT as a percentage of net sales.

EBITA

Operating income before amortization of intangible assets.

EBITDA

Operating income before depreciation and impairment of fixed assets.

EBITDA margin

EBITDA as a percentage of net sales.

Gross margin

Gross profit as a percentage of net sales.

HoReCa

Abbreviation for hotels, restaurants and catering.

Net interest-bearing debt

Interest-bearing liabilities and pensions less cash and cash equivalents and interest-bearing receivables.

Number of employees

The number of active full-time employees at end of period.

Operating EBITDA

EBITDA less restructuring costs and fair value allocations

Operating EBITDA margin

Operating EBITDA as a percentage of net sales.

Operating income

EBIT adjusted for restructuring costs, fair value allocations and amortization of intangible assets identified in connection with business acquisitions.

Operating margin

Operating income as a percentage of sales.

Organic growth

Sales growth adjusted for currencies and acquisitions. Acquired companies are included in organic growth when they have comparable quarters.

Private label

Products marketed under customer’s own label.

Return on capital employed

Operating income as a percentage of capital employed.

Return on equity

Net income as a percentage equity.

Source reference

HoReCa statistics refer to the European Commission website, Key Indicators for the Euro Area. DEHOGA refers to HoReCa statistics for Germany on DEHOGA Zahlenspiegel.

Since January 1, 2005, Duni applies International Financial Reporting Standards (IFRS) as adopted by the European Union. For transition effects see notes 45 and 46 in the Annual Report of 30 June 2007.

This interim reports are prepared in accordance with IAS 34, Interim Reporting. The consolidated financial statements are prepared in accordance with IFRS as adopted by the EU and with the related reference to Chapter 9 of the Annual Accounts Act. The parent company’s financial statements are prepared in accordance with RFR 2, Reporting for Legal Entities, and the Annual Accounts Act. The accounting principles can be further read in note 2 in the latest published Annual Report and if any new accounting standards are applied in continuing year they are described in the latest interim report.