Reconciliation

Reconciliation
 
  Q1 2013 Q1 2014 Change
  € million € million %
 
Sales 8 11 37.5
EBITDA pre exceptionals (60) (52) 13.3
EBITDA (64) (59) 7.8
Operating result (EBIT) pre exceptionals (64) (56) 12.5
Operating result (EBIT) (68) (63) 7.4
Cash outflows for capital expenditures (3) 3 > 100
Depreciation and amortization 4 4 0.0
Employees as of March 31
(previous year: as of Dec. 31)
3,273 3,177 (2.9)
  

EBITDA pre exceptionals for the reconciliation came to minus €52 million, compared with minus €60 million in the prior-year quarter. The €7 million in exceptional charges reported in the reconciliation, which fully impacted EBITDA, related primarily to measures undertaken in connection with Advance and to expenses for the design and implementation of IT projects. In the prior-year period, exceptional items amounted to €4 million, which also fully impacted EBITDA.