Spreadsheet: 7c9b48dc-ad09-443e-9915-b604b4f691dc
Sheet: Quarterly

 | TomTom in the last 5 quarters | Q2 | Q1 | Q4 | Q3 | Q2
 | (in € millions) | 2012 | 2012 | 2011 | 2011 | 2011
 | Profit and loss
 | Revenue | 261.662083 | 232.9013 | 357.401 | 336.445 | 314.224
 | Cost of sales | 125.643076 | 118.791241 | 191.426 | 163.625 | 154.269
 | Gross result | 136.019007 | 114.110059 | 165.975 | 172.82 | 159.995
 | Research and development expenses | 42.59323000000001 | 38.309946 | 46.745 | 43.573 | 40.776
 | Amortisation of technology & databases | 21.095728 | 21.237305 | 27.007 | 19.787 | 19.204
 | Marketing expenses | 15.576279 | 12.557223 | 20.507 | 17.159 | 30.148
 | Selling, general and administrative expenses | 41.04040199999999 | 40.25354799999999 | 60.511 | 49.241 | 49.844
 | Impairment charge | 0 |  | 0 | 0 | 511.936
 | Stock compensation expense | 1.779568 | 1.895937 | 0.789 | 2.324 | 2.025
 | Total operating expenses* | 122.085207 | 114.253959 | 155.559 | 132.084 | 653.933
 | Operating result | 13.9338 | 0.0001 | 10.416 | 40.736 | -493.978
 | Financial gain / (loss) | -3.475 | -0.7147780000000002 | -3.206 |  | -3.805
 | Result before tax | 10.459 | -0.8586779999999999 | 7.21 | 36.257 | -497.783
 | Income tax | -1.544 | -0.645289 | 4.583 | -8.13 | 8.443
 | Net result | 8.915000000000001 | -1.503967 | 11.793 | 28.127 | -489.34
 | Balance sheet
 |  | 2011-06-30 00:00:00 | 2011-03-31 00:00:00 | 2011-12-31 00:00:00 | 2011-09-30 00:00:00 | 2011-06-30 00:00:00
 |  | 2012 | 2012 | 2011 | 2011 | 2011
 | Intangible assets | 847.3678140000001 | 861.0877770000001 | 871.528 | 895.53 | 902.182
 | Goodwill | 381.569132 | 381.569132 | 381.569 | 381.569 | 381.569
 | Other non-current assets | 44.132 | 45.505085 | 47.498 |  | 60.795
 | Inventory | 64.061777 | 55.382746 | 65.502 | 73.02 | 101.502
 | Trade receivables | 163.105416 | 109.317627 | 184.939 | 197.848 | 197.207
 | Other receivables | 43.854799 | 47.210106 | 51.242 | 69.348 | 50.907
 | Other financial assets | 1.327212 | 0.6223150000000001 | 2.784 | 5.376 | 2.85
 | Cash and cash equivalents | 148.909888 | 168.014176 | 193.579 | 182.313 | 232.235
 | Total assets | 1694.327933 | 1668.709409 | 1798.641 | 1861.6 | 1929.246
 | Equity | 721.102005 | 707.6025649999999 | 708.451 | 694.204 | 664.708
 | Borrowings | 338.159 | 357.08 | 383.81 |  | 590.594
 | Provisions | 100.397 | 108.099 | 101.327 |  | 105.698
 | Other non-current liabilities | 176.236 | 178.257567 | 182.274 |  | 202.442
 | Other current liabilities | 358.434 | 317.669175 |  |  | 365.805
 | Total Equity and Liabilities | 1694.328 | 1668.708898 | 1798.641 | 1861.6 | 1929.246
 | Cash flow
 |  | Q2 | Q1 | Q4 | Q3 | Q2
 |  | 2012 | 2012 | 2011 | 2011 | 2011
 | Cash generated from operations | 19.197 | 16.108 | 137.744 | 75.071 | -23.096
 | Net cash flow from operating activities | 10.271 | 15.54 | 134.163 | 69.74 | -32.191
 | Cash used in investing activities | -10.438 | -13.198 | -11.254 | -20.063 | -24.878
 | Cash used in financing activities | -20 | -28 | -114.004 | -100 | 0.16
 | Net increase/(decrease) cash and cash equivalents | -20.167 | -25.658 | 8.905 | -50.323 | -56.909
 | * Q2 2011 P&L includes a restructuring charge of €0.2 million
 | * Q3 2011 P&L includes a restructuring charge of €0.4 million
 | * Q4 2011 P&L includes a restructuring charge of €13.6 million