Net cash from operating activities amounted to €11.0 million in the second quarter. This represents a share of 7 percent of Group revenues. In the second quarter of 2006, net cash from operating activities had amounted to €-0.6 million due to one-time effects.
Total assets grew to €1,092.4 million (December 31, 2006: €643.8 million) based on the additional borrowings to finance the acquisition. The equity-to-assets ratio decreased accordingly from 66 percent at year-end 2006 to 40 percent as of June 30, 2007. Shareholders' equity rose 11 percent to €441.1 million (December 31, 2006: €422.2 million). Capital expenditure amounted to €357.9 million in the quarter under review (Q2 2006: €0.4 million).