What you can measure our success by.

REVENUE

Goal for 2008: Higher year on year
Goal achieved in 2008: Increase of 15 % to €49 billion
Goal for 2009: Higher year on year

EBITDA

Goal for 2008: At least on par year on year
Goal achieved in 2008: Increase of 5 % to €8.3 billion
Goal for 2009: In the order of last year‘s level

OPERATING RESULT

Goal for 2008: At least on par year on year
Goal achieved in 2008: Increase of 4 % to €6.8 billion
Goal for 2009: In the order of last year‘s level

RECURRENT NET INCOME

Goal for 2008: Increase of more than 10 %
Goal achieved in 2008: Increase of 13 % to €3.4 billion
Goal for 2009: In the order of last year‘s level

DIVIDEND

Goal for 2008: Payout ratio 70 to 80 % of recurrent net income
Goal achieved in 2008: Payout ratio of 71 % (proposed dividend: €4.50 per share)
Goal for 2009: Payout ratio of 50 to 60 %

EFFICIENCY ENHANCEMENT