1 Annual Report 212

ANNUAL REPORT 212

1 Annual Report 212

C O N T E N T S 3 4 5 7 9 11 13 15 17 19 38 39 4 41 About the Cover Page ART IN THE OFFICE Annual Report 212 2

Consolidated Financial Highlights 3,497 24,812 22,499 25,227 32,292 13,16 5,269 4,461 4,741 2,448 7,26 2,144 3,776 1,992 1,422 335,16 235,694 374,688 365,73 535,663 45,554 4,66 66,31 71,25 72,459 12,892 6,668 5,428 5,336 6,179 19,665 17,235 22,14 22,154 24,93 3,81 929 1,527 648 467 1,55 4 7 5 2 3, 2, 3,497 24,812 22,499 25,227 32,292 3, 2, 1, 1, 13,16 5,269 4,461 4,741 2,448 28 3 29 3 21 3 211 3 212 3 28 3 29 3 21 3 211 3 212 3 15, 5, 535,663 1, 5, 7,26 3,776 1,992 1,422 4, 3, 2, 1, 5, 2,144 28 3 29 3 21 3 211 3 212 3 335,16 45,554 28 3 235,694 4,66 29 3 374,688 66,31 21 3 365,73 71,25 211 3 72,459 212 3 3 Annual Report 212

Letter from CEO Profile 1987 199 1994 1999 24 28 21 211 Annual Report 212 4

Interview with CEO Q1 : A1 Q2 : A2 Q3 : A3 5 Annual Report 212

Q4 : A4 Q5 : A5 Q6 : A6 Annual Report 212 6

Global Vision 1 7 Annual Report 212

8 Annual Report 212

2 Roadmap 9 Annual Report 212

1 Annual Report 212

Topics 11 Annual Report 212

Annual Report 212 12

CSR 13 Annual Report 212

ART IN THE OFFICE 14 Annual Report 212

Corporate Governance 15 Annual Report 212

Annual Report 212 16

Directors, Management & Advisory Board 17 Annual Report 212

Annual Report 212 18

Financial Section 19 2 21 23 26 26 28 29 3 31 Market Information 8, 8 5,, 5, 6, 541,576 568 4, 552,98 368 511,695 354 524,646 341 6 4 4,, 3,, 2,, 4, 3, 2, 2, 2 1,, 1, 28 29 21 211 11/ 4 5 6 7 8 9 1 11 12 12/ 1 2 3 4, 3, 2, 66,241 39,934 47,9 55,159 8, 6, 4, 1,4, 1,2, 1,, 8, 6, 7, 6, 5, 4, 3, 1, 12,2 9,234 7,563 11,627 2, 4, 2, 2, 1, 28 29 21 211 11/ 4 5 6 7 8 9 1 11 12 12/ 1 2 3 19 Annual Report 212

Financial Indicators 3, 4, 1, 2, 3, 5, 4, 1, 2, 24,812 3,497 3 2 1 4 5 5,269 13,16 3, 6, 9, 12, 5,231 12,811 6, 3, 9, 3, 12, 2,144 7,26 1,5 3, 1,5 928 3,8 1,55 4 7 1,527 1 2 1.75 5. 1.24 7.1.54 2.9.32 2. 2.2 15.5 25. 22.4 21. 8.4 48.2 21,53 22,499 4,461 4,479 1, 2, 3, 4, 17,235 19,664 22,139 2 4 6 8 252 163 39 3,776 5 647 2 467 25,227 32,292 28 3 29 3 21 3 211 3 212 3 28 3 29 3 21 3 211 3 212 3 28 3 29 3 21 3 211 3 212 3 28 3 29 3 21 3 211 3 212 3 28 3 29 3 21 3 211 3 212 3 28 3 29 3 21 3 211 3 212 3 28 3 29 3 21 3 211 3 212 3 28 3 29 3 21 3 211 3 212 3 4,99 2,373 22,154 24,93 321 845 1,992 1,422 19,921 4,741 22,589 2,448 29,54 26,988 2 Annual Report 212

Financial Review (1) Q1 : A1 : Q2 : A2 : 21 Annual Report 212

(%) (%) 22,589 7,942 (+35.2%) 189 (+.8%) 1,63 ( 7.2%) 36 (.2%) 29,54 17,848 9,196 (+51.5%) 191 (+1.1%) 258 ( 1.4%) 372 ( 2.1%) 26,65 2113 2123 2113 2123 Q3 : A3 : Q4 : A4 : Q5 : A5 : Annual Report 212 22

Financial Review (2) 1,3, 14, 1,2, 1,1, 9, 8, 7, 6, 25, 23, 21, 19, 17, 15, 211 212 4 5 6 7 8 9 1 11 12 1 2 3 125, 11, 8, 65, 5, 35, 14, 12, 1, 8, 6, 4, 2, 211 212 4 5 6 7 8 9 1 11 12 1 2 3 23 Annual Report 212

3, 6, 25, 5, 2, 4, 15, 3, 1, 2, 5, 2,8 2,7 2,6 2,5 2,4 2,3 211 212 4 5 6 7 8 9 1 11 12 1 2 3 1, 7 6 5 4 3 2 1 211 212 7 8 9 1 11 12 1 2 3 Annual Report 212 24

Financial Review (2) 25 Annual Report 212

Consolidated Financial Statements 4,381 34,949 247,745 138,627 44,153 36,574 12,657 9,54 1,645 1,234 11,12 8,269 9,765 6,27 521 971 32 41 9,794 96,62 85,566 93,659 5,228 2,943 15,339 15,339 786 633 12,423 6,434 2,889 2,422 6,697 1,737 1,15 1,977 2,65 1,457 94 96 487,716 347,47 477 337 356 166 121 17 4,915 1,259 3,719 693 1,195 565 1,317 736 2,221 1,792 1,15 197 18,319 8,48 8,964 3,53 848 1,454 24 35,614 1,913 1,235 6,7 289 59 412 35 436 1,51 78 84 436 1,51 11,15 7,33 47,946 18,683 535,663 365,73 Annual Report 212 26

Consolidated Financial Statements 5,284 3,321 5,284 3,321 27,825 31,637 2,756 11,693 25,68 19,943 24,776 26,63 24,776 26,63 185,796 93,857 125,582 85,12 63, 39,8 28 5, 2,5 5, 391 581 59 24 267 23 11 7 146 16 2,78 1,125 438,1 292,155 16,5 1,27 1,152 6,544 143 24,71 1,295 1,13 1,254 1,13 1,254 463,23 294,74 1,393 1,393 4,592 42,163 17,359 18,43 68,345 7,96 3,62 144 235 6 3,856 137 257 22 72,459 71,25 535,663 365,73 27 Annual Report 212

17,17 13,158 13,124 1,12 59 13 455 645 3,467 2,395 6,199 4,724 61 26 8,382 7,155 541 162 32,292 25,227 3,238 2,638 29,54 22,589 26,65 17,848 2,448 4,741 27 36 52 245 38 45 32 1 83 67 282 11 72 3 49 7 33 26 27 15 31 28 85 12 2,373 4,99 691 729 345 99 221 123 628 1 411 2,445 66 17 141 9 116 1,151 213 88 47 1,5 2,653 3,274 68 6 2,585 3,268 841 564 257 78 1,99 1,272 1,485 1,995 63 2 1,422 1,992 Annual Report 212 28

Consolidated Financial Statements 1,485 1,995 3,771 368 229 24 7 1 3,994 354 5,479 1,64 5,416 1,638 63 2 8,8 38,999 18,25 66,4 224 7 217 88 66,31 1,593 1,593 3,187 3,187 1,57 1,57 1,57 1,794 1,794 1,794 1,992 1,992 1,992 368 14 354 114 24 1,593 3,164 197 4,955 368 14 354 114 4,715 1,393 42,163 18,43 7,96 144 6 137 22 71,25 3,98 3,98 1,527 1,527 939 939 939 1,422 1,422 1,422 3,98 3,98 3,98 3,764 229 3,994 54 4,48 1,57 1,44 2,614 3,764 229 3,994 54 1,434 1,393 4,592 17,359 68,345 3,62 235 3,856 257 72,459 29 Annual Report 212

2,585 3,268 2,376 1,319 17 141 345 99 221 1,13 635 9 116 628 1,47 156 161 3 31 14 34 123 628 8,467 7,42 3,238 2,638 8,43 2,13 7,353 2,1 972 878 449 114 1,995 7,284 11,475 8,319 656 1,133 152 51 9,451 7,877 1,447 2,278 3,419 13,917 2,43 16,325 1 36 1,51 1,769 2,295 457 7,896 7,32 3,295 2,629 1,199 343 5,696 4,288 8,689 4,95 1,159 2,197 524 62 1,81 1,27 526 46 1,45 1,662 53 513 7 537 7 24 3,56 3,333 34 716 84 26,839 2,87 3,98 18,2 5,373 34, 15, 258 4,992 5, 9,5 3,159 2,141 937 1,792 26,281 2,232 284 24 5,421 4,458 33,764 29,36 39,185 33,764 Annual Report 212 3

Notes to Consolidated Financial Statements 31 Annual Report 212

Annual Report 212 32

Notes to Consolidated Financial Statements 33 Annual Report 212

Annual Report 212 34

Notes to Consolidated Financial Statements 35 Annual Report 212

Annual Report 212 36

Notes to Consolidated Financial Statements 37 Annual Report 212

Risk Information 38 Annual Report 212

1999 2 21 22 23 24 25 26 27 28 29 21 211 MONEX History 39 Annual Report 212

Stock Information 673,2 22.45 26,48 8.69 117,235 3.91 91,481 3.5 9,65 3.2 9,157 3. 83,541 2.78 65,769 2.19 65,685 2.19 58,371 1.94 33.25 31.45 23.41 26.54 3.93 4.89 3.7 9.84 9.9 3.5 7.11 14.94 3.76 9.11 4.62 36.5 35.76 5.87 3.43 31.12 2.63 1.49 14.29 1.49 12.38 24.32 24.2 283 293 213 2113 2123 2,, 2, 1,5, 15, 1,, 1, 5, 5, 27 28 29 21 1 2 3 4 5 6 7 8 9 1 11 12 1 2 3 4 5 6 7 8 9 1 11 12 1 2 3 1 2 211 212 4 5 6 7 8 9 1 11 12 3 4 5 6 7 8 9 1 11 12 1 2 3 4 5 6 7 8 9 1 11 12 1 2 3 19,665 17,235 22,14 22,154 24,93 3,81 929 1,527 648 467 15.5 5. 7.1 2.9 2. 1,55 4 7 5 2 Annual Report 212 4

Corporate Information London 41 Annual Report 212

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