DGAP-Adhoc: cash.life AG: preliminary results for the first quarter 2009 - earnings before interest and taxes (EBIT) 1,2 Mio. Euro - quarterly profit at around 0,7 Mio. Euro

cash.life AG / Quarter Results/Preliminary Results

22.04.2009 

Release of a Adhoc News, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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First quarter 2009

Acquisition volume of cash.life group in the first quarter 2009 was 
1.8 Mio. Euro (Q1 2008: 103.8 Mio. Euro). Compared to the fourth quarter
2008 (10,3 Mio. Euro) the acquisition volume declined further due to the
credit crunch caused by the financial crisis. In the first quarter no large
volume policies were purchased (Q1 2008: 31.1 Mio. Euro).

Sales revenues in the first quarter were 21.8 Mio. Euro (Q1 2009: 74.3 Mio.
Euro) and include servicing fees of 1.9 Mio. Euro (Q1 2008: 2.1 Mio. Euro).
cash.life group posted life insurance policy sales of 19.8 Mio. Euro in the
first quarter 2009.

Operational expenses in the first quarter 2009 were 2.3 Mio. Euro (Q1 2008:
5.0 Mio. Euro).

Earnings before interest and taxes (EBIT) in the first quarter 2009 were
1.2 Mio. Euro (Q4 2007: 5.0 Mio. Euro).

The financial result in the first quarter 2009 is about -0.2 Mio. Euro
compared to -10.1 Mio. Euro in the same quarter last year.

Earnings before taxes (EBT) in the first quarter were 978k Euro (Q1 2008:
-5.1 Mio. Euro) and include earnings of about 700k Euro from our interest
derivates.

The first quarter 2008 net profit was approximately 713k Euro (Q1 2008:
-3.6 Mio. Euro).
DGAP 22.04.2009 
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Language:     English
Issuer:       cash.life AG
              Zugspitzstr. 3
              82049 Pullach
              Deutschland
Phone:        +49 (0)89 286-953-213
Fax:          +49 (0)89 286-953-219
E-mail:       ir@cashlife.de
Internet:     www.cashlife.de
ISIN:         DE0005009104
WKN:          500910
Listed:       Regulierter Markt in Berlin, Frankfurt (General Standard),
              Hannover; Freiverkehr in Stuttgart, München, Hamburg,
              Düsseldorf
End of News                                     DGAP News-Service
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