Consolidated Income Statement

from 1 January to 31 December 2008 (2007)

in th. euros   Notes   2008   2007
Revenue   (1)   1,431,462   1,383,453
Cost of revenue   (2)   1,213,331   1,188,121
Gross profit       218,131   195,332
             
Sales expenses   (2)   90,455   81,355
Administrative expenses   (2)   75,709   67,236
Other operating income   (3)   8,262   11,512
Operating earnings       60,229   58,253
             
Interest income   (4)   1,987   1,263
Interest payable   (4)   683   510
Earnings before taxes       61,533   59,006
             
Income taxes   (5)   16,105   18,047
Earnings after taxes       45,428   40,959
             
of which minority interests       56   62
of which shareholders of Bechtle AG       45,372   40,897
             
Net earnings per share
(basic and diluted) in euros		   (6)   2.1438   1.9291
Weighted average shares outstanding (basic and diluted)
in thousand		       21,165   21,200