Interim / Quarterly Report • Aug 3, 2006
Interim / Quarterly Report
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| in Euro million | Q2-06 | Q2-05 | Change in % |
1.Hy-06 | 1.Hy-05 | Change in % |
|---|---|---|---|---|---|---|
| Order entry | 36.9 | 27.9 | 32.4% | 77.5 | 51.9 | 49.4% |
| Order backlog as of 30.06. |
– | – | – | 77.2 | 69.5 | 11.1% |
| Total sales | 43.1 | 28.3 | 52.2% | 82.1 | 48.0 | 71.1% |
| Sales margin in % | 14.6% | -7.3% | – | 12.1% | -15.4% | – |
| Gross profit | 20.9 | 10.5 | 99.9% | 38.5 | 17.4 | >100% |
| Gross margin | 48.5% | 36.9% | – | 46.8% | 36.3% | – |
| Costs of sales | 22.2 | 17.8 | 24.2% | 43.7 | 30.6 | 42.9% |
| EBITDA | 9.3 | 0.3 | >100% | 15.9 | -2.5 | >100% |
| EBITDA margin | 21.6% | 1.1% | – | 19.4% | -5.2% | – |
| EBIT | 7.8 | -1.2 | >100% | 12.6 | -6.1 | >100% |
| EBIT margin | 18.0% | -4.4% | – | 15.3% | -12.7% | – |
| Earnings after tax | 6.3 | -2.1 | >100% | 10.0 | -7.4 | >100% |
| Earnings per share. diluted |
0.36 | -0.14 | >100% | 0.58 | -0.49 | >100% |
| Shareholders' equity | – | – | – | 93.6 | 77.7 | 20.4% |
| Equity ratio | – | – | – | 61.5% | 48.4% | – |
| Return on equity | 6.7% | -2.7% | – | 10.6% | -9.5% | – |
| Balance sheet total | – | – | – | 152.2 | 160.5 | -5.2% |
| Net Cash | – | – | – | 8.4 | -3.6 | >100% |
| Free Cash Flow | -5.5 | -6.5 | 15.6% | 1.2 | -2.8 | >100% |
| Investments | 1.9 | 1.0 | 88.5% | 3.6 | 2.4 | 49.8% |
| Investment ratio | 4.4% | 3.6% | – | 4.4% | 5.0% | – |
| Depreciation and amortization |
1.5 | 1.6 | -2.2% | 3.4 | 3.6 | -7.2% |
| Employees as of 30.06. | – | – | – | 708 | 686 | 3.2% |

Foreword by the Management Board 2
C4NP: Reliability Testing successfully completed 5 SAIT researches with SUSS-Mask Aligner for Samsung 5 SUSS MicroTec-Shareholders have cast their votes 6 Sales and Segment Figures 7
Directors' Dealings 9
Consolidated Statement of Income and Comprehensive Income 10 Consolidated Balance Sheet 12 Consolidated Statement of Cash Flows 14 Consolidated Statement of Shareholders' Equity 16 Segment Information by Business Segment 18 Segment Information by the Region 18 Selected Explanatory Notes to the Interim Report 20

Structure of the Group Corporate Calendar Imprint/ Contact

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2
The extremely positive development of business continued as before in the second quarter of 2006. As in the fourth quarter of 2005 and the first quarter of this year, order entries, sales and earnings showed a highly robust trend. As a result, the second quarter again ended with positive earnings after tax (EUR 6.3 million, compared with EUR 2.1 million in the second quarter of 2005).
Seen from the half-yearly perspective, the picture is again extremely positive: order entries amounted to EUR 77.5 million, compared with EUR 51.9 million in the first half of 2005 (plus 49 percent). Group sales increased to EUR 82.1 million in the reporting period – compared with EUR 48.0 million in the corresponding period of the previous year (plus 71 percent). Gross profits came to EUR 38.5 million (first half of 2005: EUR 17.4 million, plus 121 percent), with the result that SUSS MicroTec generated a remarkably positive gross profit margin of 46.8 percent – in the corresponding period of the previous year this was only 36.3 percent. EBIT amounted to EUR 12.6 million – compared with EUR -6.1 million in the first half of 2005. Ultimately, then, earnings after tax came to EUR 10.0 million, compared with EUR -7.4 million in the corresponding period of the previous year.
We are delighted to take this pleasing trend in the SUSS MicroTec Group's business as an opportunity to increase our forecast for 2006 as a whole: we now expect Group sales to total at least EUR 150 million. In addition, we are expecting an EBIT margin of at least eight to ten percent of sales.
The fact that we have such good figures to report can be attributed primarily to the development of the Lithography segment, which continues to be remarkable.This segment generates more than half of the Group's total sales. In the last quarter it was again evident that the restructuring meas-

ures are taking effect: final inspections and acceptance on customers' premises, for example, are proceeding far more quickly than in the previous year – a sign of optimization in both the production and service areas. The improved cost structure, in conjunction with high capacity utilization, is leading to a discernible increase in the gross profit margin. In addition, the demand for our products continues to be very high – particularly in the area of microsystems technology. This market is still generating very high demand for sensors for airbags, inkjet print heads and GPS systems – these are all microsystems technology applications. In addition, high-performance chips of the types required for mobile devices such as handsets, notebooks and so forth are still very much in demand. Recently, moreover, the trend towards integration – meaning that, for example, a PDA, a handset and a camera are integrated within a single mobile device – has intensified. Since end users have no wish to return to mobile devices as large as the first mobile phones, however, chips of ever increasing efficiency are having to be accommodated on comparatively small surfaces. This trend is benefiting us because it is one of the areas served by advanced packaging.
In the second-largest segment, Test Systems, the positive level of order entries in the second quarter of 2006 confirms our assumption that the market for testing and checking systems remains intact. In the past, the Test Systems segment has already proved itself to be the steadiest. The segment's earnings also improved significantly in the half-yearly comparison, thanks primarily to higher gross profit margins.
The Device Bonder segment is developing in line with our expectations: Here too, the cost reduction measures took effect, with the result that the segment's earnings more than broke even in the first half of the year. The current orders position – demand from the infrared sensors market remains good – makes us confident that this segment's current performance in France will persist, also for 2006 as a whole.
The Substrate Bonder segment was another in which we posted significant increases in sales and order entries in the first six months of the year. We are also expecting order entries to post another increase in the third quarter – one of the most important indicators when a new product line is being launched.
Ladies and Gentlemen, in the first six months of this fiscal year we achieved highly gratifying successes in almost every segment as far as the most important indicators – order entries, sales and earnings – are concerned, and the outlook for the year as a whole is very positive indeed.The markets are intact, and our products are in demand. SUSS MicroTec is well on the way to ending 2006 with significantly positive results.
Garching, August 2006
Dr. Stefan Schneidewind Stephan Schulak
Chief Executive Officer Chief Financial Officer
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In May, the initial reliability tests undertaken by IBM for 300mm lead free C4NP solder bumped wafers was successfully completed. No failures could be attributed to the C4NP process.
SUSS is currently building a high volume manufacturing C4NP tool set for IBM in preparation for production use. C4NP stands for Controlled Collapse Chip Connection - New Process and is the next generation of wafer bumping technology developed by IBM. Pioneered by IBM, C4NP is a breakthrough in wafer solder bump technology, an Advanced Packaging technique that places pre-patterned solder balls onto the surface of a chip. C4NP is a simple and cost-effective alternative to the expensive and difficult electroplating process. Bulk solder is injection molded into glass molds and subsequently transferred from mold to wafer in a single step. C4NP combines the simplicity and cost effectiveness of solder paste printing with the fine pitch capabilities of electroplating and is a key enabler of 300mm lead-free solder bumping.
In June, SAIT (Samsung Group's central R&D organization) has purchased a SUSS "MA200Compact" Mask Aligner for its central research facility in Korea. SAIT will use the production aligner from SUSS MicroTec for various R&D projects, such as the fabrication of MEMS and display devices.
In recent years SAIT has emerged as the main technology driver behind the global Samsung organization. In order to meet the tough quality demands made on the top-class R&D facility , SAIT has to rely on equipment that combines superior product performance and an attractive cost of ownership with the flexibility to serve different markets and applications. The MA200Compact from SUSS MicroTec perfectly suites those needs which is why SAIT employs SUSS MicroTec-equipment.
At this year's Shareholders' Meeting on June 20th in Munich, the shareholders and proxies who were present represented 2,900,245 no par value shares – and thereby 17 percent of capital stock.The annual financial statements of SUSS MicroTec AG and the consolidated financial statements as per December 31st 2005 as well as the first quarter of 2006 were explained by the Management Board.
As usual, the Management and Supervisory Boards were available for a detailed question and answer session.
All points on the agenda were approved with a large majority.The agenda, the speech by the Management Board, the presentation and further information about the Shareholders' Meeting 2006 can be obtained on our homepage: www.suss.com/Investor Relations/Shareholders' Meeting.
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13.5 11.7
Net assets


| Foreword | Sales and Earnings | Financial Report | 9 | ||||||||||||||||||
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| Lithography Segment | |||||||||||||||||||||
| successful | |||||||||||||||||||||
| Substrate Bonder Segment | |||||||||||||||||||||
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| > | Sales and Segment figures | ||||||||||||||||||||
| > | Directors' Dealings | ||||||||||||||||||||
| Management Board: | Options | Shares |
|---|---|---|
| Dr. Stefan Schneidewind | 109,648 | 6,571 |
| Stephan Schulak | 120,286 | 13,000 |
| Supervisory Board: | Shares |
|---|---|
| Dr. Winfried Süss | 1,131,000 |
| Gerhard Rauter | – |
| Dr. e. h. Horst Görtz | 17,216 |
| Peter Heinz | 1,338 |
| Prof. Dr. Anton Heuberger | – |
| Dr. Christoph Schücking | 500 |
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| TEUR | 04/01/06 – 06/30/06 | |
|---|---|---|
| Sales | 43.057 | |
| Cost of sales | -22.162 | |
| Gross profit | 20.895 | |
| Selling costs | -6.216 | |
| Research and development costs | -1.479 | |
| Administration costs | -4.727 | |
| Other operating income | 716 | |
| Other operating expenses | -1.420 | |
| Result from at-equity investments | 0 | |
| Analysis of net income from operations (EBIT): | ||
| EBITDA (Earnings before Interest and Taxes, Depreciation and Amortization) |
9.304 | |
| Depreciation and amortization of tangible assets, intangible assets and investments in subsidiaries |
-1.535 | |
| Net income from operations (EBIT) | 7.769 | |
| Interest expenses | -177 | |
| Interest income | 150 | |
| Income before taxes | 7.742 | |
| Income taxes | -1.447 | |
| Net profit or loss | 6.295 | |
| Thereof minority interests | 23 | |
| Thereof equity holders of SUSS MicroTec | 6.272 | |
| Earnings per share | ||
| Basic earnings per share in EUR | 0,37 | |
| Diluted earnings per share in EUR | 0,36 |
| Foreword | Sales and Earnings | Financial Report | 11 | |||||||||||||||||||||||||||||
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| 04/01/05 – 06/30/05 | 01/01/06 – 06/30/06 | 01/01/05 – 06/30/05 |
|---|---|---|
| 28.296 | 82.118 | 47.981 |
| -17.843 | -43.663 | -30.552 |
| 10.453 | 38.455 | 17.429 |
| -5.528 | -11.915 | -10.829 |
| -2.262 | -3.604 | -3.727 |
| -4.967 | -9.769 | -10.949 |
| 1.264 | 1.249 | 2.693 |
| -208 | -1.843 | -703 |
| 0 | 0 | -22 |
| 321 | 15.934 | -2.486 |
| -1.569 | -3.361 | -3.622 |
| -1.248 | 12.573 | -6.108 |
| -472 | -558 | -1.001 |
| 210 | 241 | 326 |
| -1.510 | 12.256 | -6.783 |
| -552 | -2.296 | -600 |
| -2.062 | 9.960 | -7.383 |
| -21 | 42 | -21 |
| -2.041 | 9.918 | -7.362 |
| -0,14 | 0,59 | -0,49 |
| -0,14 | 0,58 | -0,49 |
| TEUR | ||
|---|---|---|
| Assets | 06/30/06 | 12/31/05 |
| Non-current assets | 49,559 | 50,401 |
| Intangible assets | 13,678 | 13,668 |
| Goodwill | 22,998 | 23,560 |
| Tangible assets | 5,277 | 5,384 |
| Other investments | 33 | 33 |
| Other assets | 349 | 364 |
| Deferred tax assets | 7,224 | 7,392 |
| Current assets | 102,634 | 106,920 |
| Inventories | 57,773 | 53,837 |
| Accounts receivable | 22,523 | 23,681 |
| Securities | 31 | 58 |
| Tax assets | 1,983 | 1,120 |
| Cash and cash equivalents | 18,159 | 26,325 |
| Other assets | 2,165 | 1,899 |
| Total assets | 152,193 | 157,321 |
| Foreword | Sales and Earnings | Financial Report | 13 | |||||||||||||||||||||||||||||
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+ | + + |
+ | + | Statement of Cash Flows + + |
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+ | + + |
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+ | + | Shareholders' Equity + + |
+ + |
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+ | + + |
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+ | + + |
+ | + + |
+ | + + |
+ | + + |
+ | + + |
+ | + | + + |
+ | + + |
+ | + | Segment Reporting + + |
+ + |
+ + |
+ | + + |
+ | + | + + |
+ | + | + |
| + | + + |
+ + |
+ | + + |
+ | + + |
+ | + + |
+ | + + |
+ | + + |
+ | + + |
+ | + | + + |
+ | + + |
+ | + | + + |
+ + |
+ + |
+ | + + |
+ | + | + + |
+ | + | + |
| + | + + |
+ + |
+ | + + |
+ | + + |
+ | + + |
+ | + + |
+ | + + |
+ | + + |
+ | + | + + |
+ | + + |
+ | + | Notes + + |
+ + |
+ + |
+ | + + |
+ | + | + + |
+ | + | + |
| + | + + |
+ + |
+ | + + |
+ | + + |
+ | + + |
+ | + + |
+ | + + |
+ | + + |
+ | + | + + |
+ | + + |
+ | + | + + |
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+ | + + |
+ | + | + + |
+ | + | + |
| + | + + |
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+ | + + |
+ | + + |
+ | + + |
+ | + + |
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+ | + | + + |
+ | + + |
+ | + | + + |
+ + |
+ + |
+ | + + |
+ | + | + + |
+ | + | + + |
| TEUR | ||
|---|---|---|
| Liabilities & shareholders' equity | 06/30/06 | 12/31/05 |
| Shareholders' equity | 93,577 | 84,165 |
| Common stock | 16,799 | 16,793 |
| Reserves | 76,723 | 66,640 |
| Accumulated other comprehensive income | -36 | 683 |
| Minority interests | 91 | 49 |
| Non-current liabilities | 12,964 | 13,800 |
| Pension provisions | 2,543 | 2,581 |
| Other provisions | 392 | 455 |
| Financial debt | 5,199 | 5,957 |
| Other liabilities | 306 | 245 |
| Deferred tax liabilities | 4,524 | 4,562 |
| Current liabilities | 45,652 | 59,356 |
| Other provisions | 3,881 | 3,968 |
| Tax liabilities | 2,147 | 394 |
| Financial debt | 4,529 | 12,832 |
| Accounts payable | 6,351 | 6,061 |
| Other liabilities | 28,744 | 36,101 |
| Total liabilities & shareholders' equity | 152,193 | 157,321 |
+ + + + + +++ + + + +++ + + + +++ +++ +++ +++ + + + + + + +++ + + + + +
14
| TEUR | 01/01/06 – 06/30/06 |
01/01/05 – 06/30/05 |
|---|---|---|
| Net profit or loss | 9,960 | -7,383 |
| Amortization of intangible assets | 2,174 | 1,932 |
| Depreciation of tangible assets | 1,187 | 1,668 |
| Change of at-equity measured associates | 0 | 22 |
| Profit or loss on disposal of intangible and tangible assets | 2 | 2 |
| Change of reserves on inventories | 1,352 | -227 |
| Change of reserves for bad debts | 70 | 245 |
| Non-cash stock based compensation | 164 | 230 |
| Non-cash income from the reversal of provisions | -82 | -888 |
| Non-cash interest expenses from increase of convertible debt |
116 | 240 |
| Other non-cash effective income and expenses | -1,077 | -1,872 |
| Change in inventories | -3,616 | -2,221 |
| Change in accounts receivable | 2,062 | 9,408 |
| Change in other assets | -1,114 | -1,195 |
| Change in pension provisions | -38 | -20 |
| Change in accounts payable | 97 | -1,173 |
| Change in other liabilities and other provisions | -6,596 | 540 |
| Change of deferred taxes | 130 | 347 |
| Cash Flow from operating activities | 4,791 | -345 |
| Foreword | Sales and Earnings | Financial Report | 15 | |||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| + | + + |
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+ | + | + + |
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+ | + | + + |
+ |
| TEUR | 01/01/06 – 06/30/06 |
01/01/05 – 06/30/05 |
|---|---|---|
| Payments in tangible assets | -1,222 | -812 |
| Payments in intangible assets | -2,399 | -1,606 |
| Cash Flow from investing activities | -3,621 | -2,418 |
| Increase of bank loans | 378 | 0 |
| Repayment of bank loans | -4,422 | -1,260 |
| Repayment of convertible bond | -3,622 | 0 |
| Change of current bank liabilities | -1,200 | -1,072 |
| Change in other financial debt | 7 | 133 |
| Proceeds from issuance of common stocks | -251 | -92 |
| Cash Flow from financing activities | -9,110 | -147 |
| Adjustments to funds caused by exchange-rate fluctuations |
-226 | 477 |
| Change in cash and cash equivalents | -8,166 | -2,433 |
| Funds at beginning of the year | 26,325 | 22,534 |
| Funds at end of the period | 18,159 | 20,101 |
| Cash Flow from operating activities includes: | ||
| Interest paid during the period | 359 | 652 |
| Interest received during period | 241 | 326 |
| Tax paid during the period | 567 | 70 |
| Tax refunds during the period | 35 | 342 |
+ + + + + +++ + + + +++ + + + +++ +++ +++ +++ + + + + + + +++ + + + + +
16
| Number of | Additional | |||
|---|---|---|---|---|
| TEUR | shares (in thousands) |
Subscribed capital |
paid-in capital |
|
| As of 01 January 2005 | 15,157 | 15,157 | 84,917 | |
| Issuance of shares: | ||||
| Exercise of stock options | 120 | 120 | 13 | |
| Issuance of subscription rights |
230 | |||
| Net profit and loss | ||||
| Unrealized loss from securities net of tax |
||||
| Foreign currency adjustment | ||||
| As of 30 June 2005 | 15,277 | 15,277 | 85,160 | |
| As of 01 January 2006 | 16,793 | 16,793 | 90,673 | |
| Issuance of shares: | ||||
| Exercise of stock options | 6 | 6 | 1 | |
| Issuance of subscription rights |
164 | |||
| Net profit loss or loss | ||||
| Unrealized loss from securities net of tax |
||||
| Foreign currency adjustment | ||||
| As of 30 June 2006 | 16,799 | 16,799 | 90,838 |
| Foreword | Sales and Earnings | Financial Report | 17 | |||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| + + |
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| Minority interests |
Accumulated other compre- hensive income |
Retained Earnings |
Earnings reserve |
|---|---|---|---|
| -902 | -16,233 | 433 | |
| -21 | -7,362 | ||
| 433 | |||
| 49 | 683 | -24,466 | 433 |
| 42 | 9,918 | ||
| -18 | |||
| -701 | |||
| 91 | -36 | -14,548 | 433 |
| 44 23 |
-10 1,354 442 |
-23,595 |
+ +
| Lithography | Substrate Bonder | ||||
|---|---|---|---|---|---|
| 1/1–6/30 | 1/1–6/30 | 1/1–6/30 | 1/1–6/30 | ||
| TEUR | 2006 | 2005 | 2006 | 2005 | |
| Sales | 51,660 | 26,155 | 8,541 | 2,923 | |
| Result per segment | 13,699 | -3,018 | -83 | -2,204 | |
| Result from equity method accounting | 0 | -22 | 0 | 0 | |
| Significant non-cash items | -807 | 713 | -57 | -140 | |
| Segment assets | 68,716 | 69,853 | 14,438 | 13,274 | |
| thereof goodwill | 13,599 | 13,599 | 0 | 0 | |
| Segment liabilities | -21,913 | -32,666 | -3,005 | -2,736 | |
| Depreciation and amortisation | 1,778 | 1,984 | 540 | 381 | |
| thereof scheduled | 1,618 | 1,506 | 540 | 0 | |
| thereof impairment loss | 160 | 478 | 0 | 0 | |
| Capital expenditure | 879 | 731 | 516 | 214 | |
| Average workforce during the year | 284 | 286 | 80 | 74 |
| Sales | Capital expenditure | ||||
|---|---|---|---|---|---|
| 1/1–6/30 | 1/1–6/30 | 1/1–6/30 | 1/1–6/30 | ||
| TEUR | 2006 | 2005 | 2006 | 2005 | |
| Europe | 21,598 | 16,660 | 2,131 | 1,330 | |
| North-America | 26,797 | 20,015 | 1,266 | 940 | |
| Japan | 7,716 | 3,788 | 40 | 8 | |
| Rest of Asia | 25,727 | 7,358 | 31 | 25 | |
| Rest of world | 280 | 160 | 153 | 115 | |
| Consolidation effects | 0 | 0 | 0 | 0 | |
| Total | 82,118 | 47,981 | 3,621 | 2,418 | |
| Foreword | Sales and Earnings | Financial Report | 19 | ||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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+ | + + |
+ | + + |
+ | + + |
+ | + + |
+ | + + |
+ | + + |
+ | + | > + |
+ + + Segment Reporting |
+ + |
+ | + + |
+ | + | + + |
+ | + + |
+ |
| + | + + |
+ + |
+ | + + |
+ | + + |
+ | + + |
+ | + + |
+ | + + |
+ | + + |
+ | + + |
+ | + + |
+ | + | + | + + + |
+ + |
+ | + + |
+ | + | + + |
+ | + + |
+ |
| + | + + |
+ + |
+ | + + |
+ | + + |
+ | + + |
+ | + + |
+ | + + |
+ | + + |
+ | + + |
+ | + + |
+ | + | + | + + + Notes |
+ + |
+ | + + |
+ | + | + + |
+ | + + |
+ |
| + | + + |
+ + |
+ | + + |
+ | + + |
+ | + + |
+ | + + |
+ | + + |
+ | + + |
+ | + + |
+ | + + |
+ | + | + | + + + |
+ + |
+ | + + |
+ | + | + + |
+ | + + |
+ |
| + | + + |
+ + |
+ | + + |
+ | + + |
+ | + + |
+ | + + |
+ | + + |
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+ | + + |
+ | + | + | + + + |
+ + |
+ | + + |
+ | + | + + |
+ | + + |
+ |
| Device Bonder | Test Systems | Other | Total | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1/1–6/30 2006 |
1/1–6/30 2005 |
1/1–6/30 2006 |
1/1–6/30 2005 |
1/1–6/30 2006 |
1/1–6/30 2005 |
1/1–6/30 2006 |
1/1–6/30 2005 |
||||||
| 2,810 | 3,287 | 12,640 | 11,392 | 6,467 | 4,224 | 82,118 | 47,981 | ||||||
| 470 | 135 | 899 | -395 | -1,549 | -1,937 | 13,436 | -7,419 | ||||||
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | -22 | ||||||
| -661 | 134 | 132 | -613 | -111 | 546 | -1,504 | 640 | ||||||
| 6,461 | 9,074 | 17,356 | 19,170 | 15,278 | 12,724 | 122,249 | 124,095 | ||||||
| 0 | 1,839 | 4,408 | 4,548 | 4,991 | 5,262 | 22,998 | 25,248 | ||||||
| -2,468 | -1,819 | -5,697 | -5,666 | -3,545 | -2,067 | -36,628 | -44,954 | ||||||
| 96 | 97 | 150 | 248 | 797 | 890 | 3,361 | 3,600 | ||||||
| 96 | 0 | 150 | 0 | 797 | 0 | 3,201 | 1,506 | ||||||
| 0 | 0 | 0 | 0 | 0 | 0 | 160 | 478 | ||||||
| 21 | 18 | 87 | 147 | 2,118 | 1,308 | 3,621 | 2,418 | ||||||
| 39 | 56 | 128 | 129 | 159 | 166 | 690 | 711 | ||||||
| Assets | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1/1–6/30 2006 |
1/1–6/30 2005 |
||||||||||||
| 76,511 | 84,371 | ||||||||||||
| 43,385 | 39,608 | ||||||||||||
| 3,569 | 3,266 | ||||||||||||
| 747 | 364 | ||||||||||||
| 4,076 | 2,703 | ||||||||||||
| -6,039 | -6,217 | ||||||||||||
| 122,249 | 124,095 | ||||||||||||

+ + + + + +++ + + + +++ + + + +++ +++ +++ +++ + + + + + + +++ + + + + +
20
The consolidated financial statements of SUSS MicroTec AG as of December 31, 2005 were prepared in accordance with International Financial Reporting Standards (IFRS) issued by the International Accounting Standards Board (IASB) and valid as of the balance sheet date. The interim IFRS Group financial statements as of June 30, 2006, which have been prepared in accordance with International Accounting Standard (IAS) 34 "Interim Financial Reporting", have been drawn up using all issued standards, which are valid on the balance sheet date.
All interpretations of the International Financial Reporting Interpretations Committee (IFRIC), which are mandatory as of June 30, 2006 have also been applied. In this resput, there were no changes to the consolidated financial statements as of December 31, 2005.
The interim IFRS financial statements were neither audited by the group's auditors, KPMG Deutsche Treuhand-Gesellschaft, Aktiengesellschaft, Wirtschaftsprüfungsgesellschaft, nor did they undergo an auditing review.
The following new or revised standards and interpretations of the IASB and the IFRIC were mandatory for fiscal years beginning on or after January 1, 2006.
| Foreword | Sales and Earnings | Financial Report | 21 | |||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| + + |
+ | + + |
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+ | + | + + |
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+ | + | + + |
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+ | + | + | + |
| + + |
+ | + + |
+ | + + |
+ | + + |
+ | + + |
+ | + + |
+ | + | + + |
+ | + | + + |
+ | + | + + |
+ | + | + | Statement of income + + |
+ | + + |
+ | + + |
+ | + | + + |
+ | + | + | + |
| + + |
+ | + + |
+ | + + |
+ | + + |
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+ | + | + + |
+ | + | + | + + |
+ | + + |
+ | + + |
+ | + | + + |
+ | + | + | + |
| + + |
+ | + + |
+ | + + |
+ | + + |
+ | + + |
+ | + + |
+ | + | + + |
+ | + | + + |
+ | + | + + |
+ | + | + | balance Sheet + + |
+ | + + |
+ | + + |
+ | + | + + |
+ | + | + | + |
| + + |
+ | + + |
+ | + + |
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+ | + + |
+ | + + |
+ | + | + + |
+ | + | + + |
+ | + | + + |
+ | + | + | Statement of Cash Flows + + |
+ | + + |
+ | + + |
+ | + | + + |
+ | + | + | + |
| + + |
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+ | + + |
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| + + |
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+ | + + |
+ | + + |
+ | + + |
+ | + + |
+ | + | + + |
+ | + | + + |
+ | + | + + |
+ | + | + | Statement of + + |
+ | + + |
+ | + + |
+ | + | + + |
+ | + | + | + |
| + + |
+ | + + |
+ | + + |
+ | + + |
+ | + + |
+ | + + |
+ | + | + + |
+ | + | + + |
+ | + | + + |
+ | + | + | Shareholders' Equity + + |
+ | + + |
+ | + + |
+ | + | + + |
+ | + | + | + |
| + + |
+ | + + |
+ | + + |
+ | + + |
+ | + + |
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+ | + | + + |
+ | + | + + |
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+ | + + |
+ | + + |
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+ | + | + | + |
| + + |
+ | + + |
+ | + + |
+ | + + |
+ | + + |
+ | + + |
+ | + | + + |
+ | + | + + |
+ | + | + + |
+ | + | + | Segment Reporting + + |
+ | + + |
+ | + + |
+ | + | + + |
+ | + | + | + |
| + + |
+ | + + |
+ | + + |
+ | + + |
+ | + + |
+ | + + |
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+ | + | + + |
+ | + | + + |
+ | + | + | + + |
+ | + + |
+ | + + |
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+ | + | + | + |
| + + |
+ | + + |
+ | + + |
+ | + + |
+ | + + |
+ | + + |
+ | + | + + |
+ | + | + + |
+ | + | + + |
+ | + | > + |
Notes + + |
+ | + + |
+ | + + |
+ | + | + + |
+ | + | + | + |
| + + |
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+ | + + |
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| + + |
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However, either of the revised standards and interpretations did not have a significant impact on the assets, financial and earnings position or they were not relevant with respect to the interim IFRS financial statements.
For additional information on the individual accounting methods applied, please refer to the consolidated financial statements of SUSS MicroTec AG as of December 31, 2005.
All amounts are indicated in thousands of euros (EUR '000) unless otherwise noted
The financial statements of SUSS MicroTec AG and all of the relevant companies for which there is a group control option according to the control principle, irrespective of the level of participating interest, are included in the consolidated financial statements. With respect to the consolidated financial statements as of December 31, 2005, there were no changes within the consolidated group.
In addition to the above, there were no circumstances during the interim reporting period which had any impact on the assets, liabilities, shareholders' equity, period results or cash flow and which were unusual due to their type, extent or frequency.
If estimates were made within the scope of the interim reporting, they shall remain essentially unchanged in methodology within the fiscal year and in the fiscal year comparison.
In contrast to the method of approach at year-end, the income tax expense in each interim reporting period is recorded on the basis of the best estimate of the weighted average annual income tax rate expected for the entire fiscal year.
As a result of valuation allowances made to capitalized loss carry-forwards in the past, SUSS MicroTec AG is presently assuming an annual income tax rate that will be considerably lower than the expected income tax rate of 37%.
Furthermore, there were no changes subject to reporting requirements that have a significant impact on the current interim reporting period.
No issues, buybacks or repayments were effected during the reporting period, either for debenture bonds or for other equity securities.
As of April 30, 2006 the amount of TEUR 3,622 was due for repayment from the issued convertible bonds.
No dividends were paid out or proposed for disbursement during the reporting period.
| Foreword | Sales and Earnings | Financial Report | 23 | ||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| + + |
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+ | Statement of income + + |
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+ | balance Sheet + + |
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+ | Statement of Cash Flows + + |
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+ | Statement of + + |
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+ | Shareholders' Equity + + |
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+ | Segment Reporting + + |
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+ |
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+ | > + + |
+ | Notes + + |
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+ |
There were no significant events subject to reporting requirements after the close of the interim reporting period.
There are no contingent claims. There were no significant changes in contingent liabilities with respect to the reporting time frame of December 31, 2005.
The undiluted earnings per share are determined by dividing the net income for the period accruing to the shares (after minority interests) by the average number of shares.
To determine the diluted earnings per share, the profit for the period to be attributed to the shareholders (after minority interests), as well as the weighted average of the shares in circulation, must be adjusted for the effects of all potentially diluting shares.
At the shareholders' meeting held on June 20, 2006, Gerhard Rauter, Dresden, was elected member of the Supervisory board.Thomas Schlytter-Henrichsen stepped down from the Supervisory Board on June 20, 2006.

| COMS 2006 | August 27 – 31 | St. Petersburg, FL |
|---|---|---|
| SEMICON Taiwan | September 11 – 13 | Taipei, Taiwan |
| Ninemonth Report | November 7 | |
| Micromachine 2006 | November 7 – 9 | Tokyo, Japan |
| SEMICON Japan | December 6 – 8 | Chiba, Japan |
Forward-looking statements: The reports contain forward-looking statements. Statements that are not historical facts, including statements about our beliefs and expectations, are forward-looking statements. These statements are based on current plans, estimates and projections, and you should not place too much reliance on them. Forward-looking statements speak only as of the date they are

Editor: SUSS MicroTec AG Editing: Investor Relations, Group Accounting Concept and Design: IR-One AG & Co., Hamburg Printer: Hartung Druck + Medien GmbH, Hamburg Translation: EnglishBusiness GbR, Hamburg
SUSS MicroTec AG Schleißheimer Straße 90 85748 Garching, Germany Phone: + 49 (0) 89 - 32007 - 0 E-mail: [email protected]
Investor Relations Phone: + 49 (0) 89 - 32007 - 314 E-mail: [email protected]
made, and we undertake no obligation to update any of them in light of new information or future events. Forward-looking statements involve inherent risks and uncertainties. We caution you that a number of important factors could cause actual results or outcomes to differ materially from those expressed in any forward-looking statement.


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