Consolidated key figures for Zapf Creation Group

 Results 2006

 Adjusted earnings situation
 (without restructuring costs and one-off effects)

in € million	2006	2005
Continued operations*
EBITDA	10.7	0.6
EBIT	5.4	-6.2
EBIT-margin (in %)	4.7	-5.1
EBT	-0.9	-12.0
Result from continued operations	-0.6	-14.7
Discontinued operations
Result from discontinued operations	-4.9	-5.2
Group
Net profit or loss for the period	-5.6	-19.9
Earnings per share (in €) **	-0.74	-2.68

 

 Earnings situation according to the income statement
 (including restructuring costs and one-off effects)

in € million	2006	2005
Continued operations*
Net sales	116.1	120.7
Gross margin (in %)	45.4	41.3
EBITDA	4.8	-5.5
EBIT	-0.5	-12.3
EBIT-margin (in %)	-0.4	-10.2
EBT	-6.8	-18.1
Result from continued operations	-6.5	-20.8
Included restructuring costs and one-off effects	5.9	6.1
Included depreciation and amortization	5.3	6.8
Discontinued operations
Result from discontinued operations	-6.1	-6.9
Included restructuring costs and one-off effects	1.2	1.7
Included depreciation and amortization	0.0	0.2
Group
Net profit or loss for the period	-12.7	-27.7
Earnings per share (in €) **	-1.67	-3.73

  * without sales region North, Central and South America, previous year's figure
     adjusted   
** undiluted = diluted; average number of shares outstanding: 2006: 7.59 million;
    2005: 7.43 million 

Balance Sheet

in € million (as of Dec. 12)	2006	2005
Total assets	115.6	133.1
Non-current assets	26.3	28.9
Investments	1.8	2.7
Current assets	89.3	104.2
Equity	3.6	10.2
Equity ratio (in % )	3.1	7.7
Liabilities to banks	65.1	82.3
Net debts	53.3	73.0

 

Cash Flow

in Mio. €	2006	2005
Cash flow from operating activities	20.3	-8.4
Cash flow from operating activities per share (in €)	2.68	-1.14
Net cash flow	2.4	-7.7

 

Employees

	2006	2005
Number as of the closing date (Dec. 31)*	322	408

  * excluding Management Board and trainees
The key figures are based on rounded values in € million. The calculation of sums and ratios can therefore result in differences when compared to the annual financial statements.

Development of Sales by Region*

(in Mio. € nach IFRS)	2006	2005	Veränd.
Europe	113.0	118.0	-4 %
Central Europe	38.2	43.0	-11 %
Northern Europe	37.9	40.6	-7 %
Southern Europe	21.0	21.6	-3 %
Eastern Europe	15.9	12.9	+24 %
Asia/Australia	3.1	12.7	+15 %
Total	116.1	120.7	-4 %

 * without sales region North, Central and South America, previous year's figure 
    adjusted.  Figures are rounded.

 Development of Sales by Product Lines*

(in Mio. € nach IFRS)	2006	2005	Veränd.
Play and functional dolls	108.9	114.2	-5 %
BABY born®	53.7	53.0	+1 %
Baby Annabell®	36.3	41.0	-11 %
CHOU CHOU	18.1	18.9	-4 %
Other Play and functional dolls	0.8	1.3	-39 %
Mini dolls	2.8	1.6	+71 %
Other products	4.5	4.9	-9 %
Total	116.1	120.7	-4 %

 * without sales region North, Central and South America, previous year's figure 
    adjusted.  Figures are rounded.