challenging reality

Half-year Report 01/2013

CHALLENGING REALITY

www.rtt.ag

CoNTENTs

Company 8—12Realtime Technology AG 8

RTT on the Stock Market 11

LeistungsportfoLio28—37

Software 31

Solutions 34

CGI 36

Kennzahlen 2011 3

Aktionärsbrief 6

RTT Vorstand 8

Bericht des 10 Aufsichtsrats

referenCe projeCts13—20

Dongfeng Nissan 13

Mack/Volvo 15

Opel 17

Qoros 19

Key Ratios 01/2013 5

Shareholder Letter 6

Imprint 36

finanCiaLs21—34

Interim Managing Board Report 21

Group Profit and Loss Statement 26

Group Cash Flow Statement 27

Group Balance Sheet 28

Group Statement of Changes in Shareholders’ Equity 29

Notes to the consolidated financial Statements 31

Managing Board and Supervisory Board 34

KEY RATIos 01/2013

resuLts aCCorDing to profit anD Loss statement 1st HaLf-year

reVenues 41.5M EURIncrease year-on-year +25 %

eBitDa 4.6M EURDecrease year-on-year -3 %

Before taX 2.4M EURDecrease year-on-year -20 %

reVenue per sHare 0.27 EUR0.44 EUR

staff as of 06/30/2013

754

Year-on-year 580

5

6

sHAREHoLdER LETTER

Dear shareholders and readers,

the first eight months of the 2013 financial year are now behind us, and this report takes a look at our preliminary financial results for the first half of the year. Consolidated revenue rose to eur 41.5 million, constituting a 25 percent increase year-on-year. all regions reported revenue growth, alt-hough north america, in particular, registered disproportionally high growth of 58 percent.

We are reporting a slight decline in terms of both eBitDa and eBit. eBitDa dipped 3 percent to eur 4.6 million (previous year: eur 4.7 million). ear-nings before taxes were down 20 percent year-on-year (previous year: eur 2.8 million). the company continued to make targeted investments in its workforce and in tangible fixed assets in the first half of the year in order to secure its continued growth.

We would like to take this opportunity to present some highlights from the first half of 2013:

• at the start of the year, the fifteenth rtt location opened in Wolfsburg.

• the announcement of the highest level of consolidated revenue in the company‘s history for the 2012 financial year provided a fitting cause for celebration.

• rtt excite 2013 set a new record with more than 1,000 visitors.

• We successfully launched a new rtt sub-brand called ´fLaVor3D with rtt´.

a further important event occurred at the end of june in munich: the agenda items at our 2013 annual shareholder meeting were approved unanimously. Dr. marcus englert, who until that date had held the post of Deputy supervisory Board Chairman, became supervisory Board Chairman. the company‘s shareholders elected rtt Co-founder and former managing Board member Christoph Karrasch as a new supervisory Board member. mr. Karrasch will assume the responsibilities of the Deputy supervisory Board Chairman.

prof. uli göhner did not stand again for election to the supervisory Board. We would like to thank him warmly for his trusting collaboration during his many years of successful activity as supervisory Board Chairman.

the future remains exciting – and we have a lot on our agenda. it would please us if you would continue to accompany us on our path. We would like to extend our very warm thanks to you for the trust and confidence you have invested in us.

munich, september 2013

rtt managing Board

Ludwig a. fuchs roberto schettler

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8

realtime technology ag

CHALLENGING REALITY – REsHAPING REALITY

rtt recognized the importance of 3D realtime visualization as a key technology for companies at a very early stage, and has developed from a pioneer since its founding in 1999 into a market leader for professional 3D visualization, with 15 locations worldwide. the most renowned global players from the automotive, aerospace, consumer goods industries and beyond rely on our holistic approach, which is both strikingly simple and supremely complex: CaD development data are taken as a central element to enable pro-ducts to be experienced and validated across the whole company by means of highly realistic 3D visualization, and across the entire product life-cycle.

end-to-end data consistency is achieved based on this 3D reference model, resulting in greater efficiency in design, development, marketing and sales. the core software, rtt Deltagen, can be seamlessly integrated in any it architecture and process environment and contribute to the sustainable use of product data along the entire value chain. this helps companies in their efforts to replace cost-intensive physical prototypes with virtual or com-puter-generated equivalents, to speed up decision-making processes in product development, and to stage products even more attractively for end-customers, for example.

Besides implementing and integrating visualization solutions, we at rtt also advise and support companies in process optimization – thanks to our many years of experience and in-depth industry expertise. as a full-service provider we undertake the complete creation and production of 3D content such as images, movies and interactive product presentations. realtime configurators on websites or in the showrooms of car manufacturers enhance the quality of consulting and boost sales success.

our customers benefit from shortened innovation cycles and more efficient processes in company-wide communications. they see their globally-oriented marketing strategies being underpinned by emotional and exciting brands and product experiences. and last, but not least: the creation and production of 3D contents that can be deployed across media sets new benchmarks in terms of flexibility, efficacy and cost-efficiency.

in short, rtt is far more than just a software manufacturer, consultant or crea-tive services provider. What companies gain with rtt is a strategic partner that helps them utilize high-end 3D visualization as an innovative and efficient key technology on their way to sustainable business success.

9

1999Founding YearEmployees 754

Managing Board

LuDWig a. fuCHs

roBerto sCHettLer

Locations worldwide: 15

realtime technology ag

IN ACTIoN WoRLdWIdE

10

Headquarters munich

(as of 16.09.2013)

Locations worldwide: 15

Entry Standard Quotation

2012

Average Growth in Revenues from 2001-2012

+39 %Average Employee Growth (last 5 Years)

+32 %

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rtt on the stock market

sHARE oN THE UP

Realtime Technology Tec DAX Entry Standard Tech All Share

160

140

120

100

80

01.13 02.13 03.13 04.13 05.13 06.13 07.13 08.13

Relative performance of the RTT share price from 01/01/2013 through 08/30/2013

Source: Datastream

the situation on the capital markets worldwide calmed in early 2013. positive news from the usa and China lent additional stability to the world economy. after global-level purchasing manager indices stabilized in january, the world economy regained some momentum in february. the eu Commission announced its forecasts for 2013 and 2014 in the same month: accordingly, the economy was set to contract by 0.3 percent, while renewed growth was not to be anticipated until 2014.

the rtt share has performed very well over the last eight months. in purely chart-technical terms, the rtt share encountered its first test at prices around eur 30.00. Having sustainably passed this final resistance, nothing stood in the way of attaining new highs.

interest among analysts and both institutional and private investors has increased significantly. the research houses BHf-Bank, Hauck & aufhäuser institutional research, Warburg research and WgZ Bank research publis-hed studies and updates on the company and its sales trends during the period under review.

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tHe rtt sHare at a gLanCe

sHare CapitaL

4,480,070 EUR

Bloomberg Symbol R1T : GR

Reuters Symbol R1TGn.dE

ISIN / WKN dE0007012205/701220

Share class Name shares

Segment Entry standard Frankfurt

Shareholder structure

15,06 %Free Float

39,76 %directors &Founders RTT

13,73 %Balderton Capital

8,75 %siemens Venture Capital

5,87 %UBs (d) Equity Fund

16,83 %InstitutionalHoldings

(as of 16.09.2013)

reference projects

AR sETs NEW PRodUCT PREsENTA-

TIoN BENCHMARKs

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In sprIng 2013, rTT DeployeD ITs creaTIve anD TechnIcal capabIlITIes for The Teana launch, Dongfeng nIssan‘s new flagshIp moDel. The Task was To InTeracTIvely DesIgn anD sTrucTure an excITIng anD InTeracTIve proDucT launch In guangzhou/chIna. rTT was fully responsIble for The projecT. sIxTeen weeks afTer The projecT was awarDeD, an emoTIonal proDucT experIence was DelIvereD To The more Than 1,000 InTernaTIonal meDIa anD secTor represenTaTIves In unpreceDenTeD form anD qualITy.

the new teana is of key importance for the Chinese-japanese carmaker’s expansion plans. at the presentation of this new model, jason yang, Vice president sales & marketing at Dongfeng nissan, demonstrated the vehicle with all its features and technical details to the specialist and trade public. During the unveiling, a virtual image of the teana was projected onto the stage, and orchestrated interactively with augmented reality (ar) in front of exhibition visitors‘ eyes. a skillful synchronization of the ar application with yang‘s gestures gave participants a comprehensive impression of the vehicle‘s exterior and interior.

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reference projects

UsING THE PoWER oF CGI PRoFITABLY

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In preparaTIon for The exhIbITIon ´upTIme 2013´ In new orleans, The u.s. Truck manufacTurers volvo Trucks norTh amerIca anD mack Trucks Inc. soughT a new vIsual approach for TheIr markeTIng commu-nIcaTIons on The InTerneT. The websITe anD socIal meDIa channels were TheIr fIrsT porT of call. The wInnIng bID came from rTT usa, who capTIvaTeD The markeTIng managers wITh TheIr InnovaTIve concepT anD The besT references regarDIng vIsual qualITy.

Volvo trucks and mack trucks are both part of the swedish Volvo group, and known across national boundaries for their trucks, which are used in long- distance travel and construction industry. What makes these two u.s. brands special is the fact that they develop diesel engines and gear boxes for their own vehicles by themselves. in doing so, both manufacturers consolidate their product and accessory range within the Volvo engine aftermarket.

the rtt team produced the animations for both Volvo D13 and maCK mp8 based on the same storyboards. the three animation versions provide the action modes of coolant, engine oil and oil filters. in the execution, it was crucial for the clients to have the mechanics and the interaction between the motor and the respective product presented in a catchy way. to achieve that, the animations were blended with real footage material.

the high-quality implementation was well received, so that it was chosen as a starting point for realigning the marketing and product communications.

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reference projects

LET ME ENTERTAIN YoU

The new opel aDam Is The perfecT car for The young, TrenD-conscIous anD Tech-savvy generaTIon. In orDer To Tap InTo ThIs TargeT group anD aTTracT aDDITIonal cusTomers, opel has exTenDeD ITs convenTIonal markeTIng sTraTegy for The european launch of The vehIcle wITh The use of a confI-guraTor applIcaTIon for The IpaD. The app aDam&you enlIvens The confIguraTIon process by aDDIng a vIDeo game experI-ence, Thereby supporTIng The cusTomer‘s purchase DecIsIon process. In DevelopIng The app opel was able To rely enTIrely on The resourcefulness, hIgh-qualITy ImplemenTaTIon anD TechnologIcal experTIse of bram van Der poel, g-p-u-n-k, sevenval anD rTT.

aDam&you combines the functions of an online configurator with the emotional kick of a video game: users start by selecting an opel adam from 50 preconfigured models for his virtual test drive. special features like day and night mode, the 360-degree all-round view, the individualized aDam-sound as well as the tablet functioning as the steering wheel provide a unique driving experience. as soon as users have configured the model they like best, the result can be shared and discussed with friends via various social media channels.

in the execution of the project, rtt was responsible for the visual prepara-tion of the 50 different opel adam models, as well as the entire unity 3D environment. the highly realistic interior images were generated using the rtt Deltagen visualization software, while the exterior was created with the 3D game engine.

iPad is a trademark of Apple Inc.

© General Motors Europe

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reference projects

A dAzzLING dEBUT IN GENEVA

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chInese car manufacTurer qoros enTrusTeD rTT wITh orchesTraTIng The hIgh-ImpacT presenTaTIon of ITs fIrsT serIes car, The qoros seDan 3, aT The geneva InTernaTIonal moTor show. The commIssIon consIsTeD of creaTIng sophIsTIcaTeD markeTIng asseTs for The proDucT DebuT. rTT DelIvereD a mobIle onlIne car confIguraTor, a DynamIc cgI movIe, as well as cgI Images for markeTIng anD pr collaTeral.

the rtt marketing solutions team, consisting of strategic marketing consul-tants, creative designers and technical experts was able to support and advise Qoros marketing & sales team in all stages of the process – from strategy and technology through creative concepts, all the way to execu-tion. rtt developed and implemented the configurator and produced the movie, which illustrate the extensive range of product details and options, and – along with the high-quality Cgi photo renderings – generate an even more emotional customer experience.

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financials

INTERIM MANAGING BoARd REPoRT

1. The overall environment in 2013

the global economy and the eurozone registered only faltering pro-gress during the first six months of this year. although the situation on the financial markets calmed down, uncertainties from the unsettled, previous year remained present in people‘s minds: the state debt crisis, recessions, uncertain-ties relating to bankrupt eu member states and concerns about the future of european financial policy.

these and other factors prompted the international monetary fund (imf) to downgrade its growth forecasts for numerous countries, such as China. the update on the imf‘s economic outlook in april 2013 also warned of new emer-ging risks such as a growth slowdown in emerging economies. according to the imf, the global economy is set to grow by 3.1 percent, and by 3.8 percent in 2014 – in other words, 0.2 percentage points less than it expected in the spring. With regard to the us economy, the imf also downgraded its 2013 forecast by 0.2 percentage points. germany‘s gross domestic product is forecast to incre-ase by 0.6 percent in 2013.

Despite a ´mixed´ macroeconomic situation, rtt ag was able to advance its revenue by 25 percent in the first half of 2013.

an order book position that was continuously underpinned by existing custo-mers provided the foundation in this context. Digitalization and virtualization help companies to rapidly fill all of their selected communication channels with differing contents and product messages. this opens up the opportunity to structure customer contacts in a more emotional fashion, and to use with crea-tive brand messages to acquire new buyer groups.

We have opened up interesting growth potential over the past months and years through the targeted implementation of technological further develop-ments. these are not only restricted to addressing end-consumers, but have also proven their worth in the product development area.

mobile applications based on highly-realistic 3D visualization are enjoying ever greater demand. rtt has already been working for some time on a mobile ren-dering solution called ´stellar´, which was presented for the first time at rtt excite at the end of april. our ´Vision of rendering´ has encountered very positive feedback, including from the attending press representatives. VDi-nachrichten, one of the leading specialist media channels for engineers, constructors and developers, ran with the headline ´3D visualization migra-tes to the tablet´, and reported on how virtual 3D models can be processed by several users in realtime and via tablet pCs.

these and other innovations were explained in greater detail by way of proto-types, workshops and talks on best practice from the automotive and lifestyle industries. the annually rising number of exhibition visitors confirmed us on our path in this context: in 2013 more than 1,000 experts gathered at both events in munich to engage in an intensive exchange of experience and know-how.

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2. market position, strategy and business areas

over the past 15 years, rtt, based on a comprehensive approach serving the entire value chain, has developed from a pioneer into an interna-tional market-leader. the business model is based on three pillars: high-end software, individually adapted visualization solutions and highly-realistic Cgi-based content.

processed CaD data derived from product development form the working basis for all applications. they are utilized to enable the experience and testing of products across companies – highly realistically, interactively and in 3D. as a consequence, high-end 3D visualization should not be regarded just as techno-logy, but as a medium for a new and more efficient means of interdisciplinary communication. the 3D reference model created from construction data serves all process participants as a basis that can be applied and discussed end-to-end. this allows processes along the entire value chain in the design, development, marketing and sales areas to be sustainably optimized.

The following provides a brief summary of the rTT portfolio:

rtt Deltagen is the core product from the rtt visualization platform. it converts, verifies and presents working CaD data formats as photorealistic 3D realtime models. all further software solutions supplement Deltagen through additional functions that support the entire workflow. the new generation of Deltagen, Version 12.0, will be launched in global markets in september 2013.

the LoBs (Lines of Business) specialize in offering tailored ´perfor-mance packages´ for entire product life-cycles. Complete hardware installa-tion within design & development is one example. the setups, which are equipped with Deltagen visualization software, support and cover entire working steps, which previously required the production of models, prototy-pes and preproduction runs.

in its role as one-stop-shop provider, rtt produces digital 3D content in-house for its customers. along with the ´instnt with rtt´ interactive agency presented in our 2012 annual report, a further unit named ´fLaVor3D with rtt´ has been developed in recent months.

fLaVor3D is entirely dedicated to creative media production. a total of 61 staff specialized in Cgi are meanwhile realizing very varied projects spanning creative storyboard development, through to the production of stills, movies and animations, as well as 3D content for interactive product presentation in the form of configurators.

fLaVor3D notched up its first official success as early as may this year: the ´mytoyota´ project grabbed two awards at the Worldmediafestival 2013 in Hamburg. in creating the completely-adaptable tV commercial, fLaVor3D combined the benefits of shooting using real vehicles with the flexibility offered by Cgi.

solutions

cgI

software

3. results of operations, financial position and net assets – rTT group interim consolidated financial statements

Consolidated revenue reported according to ifrs accounting amoun-ted to eur 41.5 million for the rtt group in the first half of 2013 (previous year: eur 33.3 million), representing 25 percent year-on-year growth. eBitDa regis-tered slight year-on-year fall to keur 4,604 (previous year: keur 4,741).

the group reported revenue growth in all regions, with above-average growth of 58 percent achieved in the americas region. revenue was up by 27 percent and 12 percent in the asia-pacific (apaC) and europe regions.

a slight year-on-year decline was reported in terms of both the 11 percent eBitDa return and the six percent eBit return. this is mainly attributable to the fact that the foundation for further growth was laid with investments in staff and tangible fixed assets of the first half of 2013.

the share of the cost of materials as a proportion of total revenue in the first half of 2013 was almost unchanged year-on-year at 15.4 percent (previous year: 15.8 percent). at the group level, too, the keur 5,295 increase in personnel expenses is again mainly attributable to the higher number of employees.

Key financial position figures:

Cash flow from operating activities reported a year-on-year decline, and amounted to keur -1,768 as of june 30, 2013 (previous year: keur 4,271). this drop in cash flow is especially attributable to working capital effects, such as a marked increase in trade receivables, a reduction in trade payables, and a fall in bank borrowings. Cash flow from investing activities stood at keur -3,476 (previous year: keur -3,675), and cash flow from financing activities amounted to keur -448 (previous year: keur -301). the group had available liquid assets and securities forming part of current assets of keur 9,819 as of the balance sheet date (previous year: keur 13,349).

total assets stood at keur 57,048 as of june 30, 2013, compared with keur 54,832 as of December 31, 2012. this increase is partly attributable to invest-ments in intangible fixed assets, which rose by 20 percent keur 6,406 (previ-ous year: keur 5,333). Due to the strong revenue growth, trade receivables were up by 28 percent, amounting to keur 28,358 as of the end of the half-year (previous year: keur 22,134). trade payables fell, standing at keur 4,093 as of june 30, 2013 (previous year: keur 4,509). the bank borrowings repor-ted as of December 31, 2012 were reduced, amounting to keur 42 as of the balance sheet date (previous year: keur 497).

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KEY REsULTs oF oPERATIoNs FIGUREs 1 HY 2013 1 HY 2012

revenue growth 25% 28%

eBitDa return 11% 14%

eBit return 6% 9%

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at 71 percent, current assets continue to comprise the major proportion of assets. the capital structure of equity and liabilities reflects 64 percent equity and 36 percent liabilities.

unchanged compared with the last reporting date, the company continues to hold 13,663 treasury shares, which were bought at an average price of eur 21.49.

4. employees

the rtt group employed a total of 754 staff worldwide as of june 30, 2013 (previous year: 689), representing 9.4 percent growth compared with the end of 2012. this increase is attributable to appointments and targeted hiring.

the rtt group employed as many as 32 percent of its staff outside germany as of the reporting date (previous year: 32 percent). a total of 116 rtt group employees are active in the research and development area (previous year: 117), 177 in the professional solutions area (previous year: 145), 66 staff in sales and marketing (previous year: 71), 327 in Content production (previous year: 296) and 68 in administration (previous year: 60), including four trainees and two apprentices.

5. research and development

the visualization platform with rtt Deltagen and its related soft-ware modules forms the core of the rtt product and service range. our software development function worked intensively on new versions during the first half of 2013, which will be launched over the next three months. in particular, Deltagen offers a large number of new and further-developed functionalities that will further professionalize the visualization process for users in the enterprise area.

please refer to the investments and topics described in the 2012 group annual report for details of significant events relating to research and development at the rtt group. Besides this, no further significant changes have arisen during the interim period.

KEY NET AssETs FIGUREs 1 HY 2013 2012

Current asset figures 71% 72%

equity ratio 64% 64%

Debt ratio 36% 36%

REGIoNAL dIsTRIBUTIoN oF EMPLoYEEs

As oF 06/30/2013 YEAR-oN-YEAR

europe 557 512

north america 157 151

south america 8 6

asia 32 20

6. risk report

our risk report was presented in detail as part of the publication of our 2012 annual financial statements. since then, rtt group‘s risk position has undergone no significant changes with respect to the remarks that have already been made in the last annual report. Current financial and economic trends and their effects during the first half of 2013 can be found in the chapter ´1. the overall conditions in 2013´ in this interim group managing Board report.

7. outlook

We have already presented a detailed outlook for the coming 12 to 24 months in the 2012 group managing Board report. Continuing on our stable growth path remains our focus, with our deeper, targeted regional ori-entation already being identifiable in the revenue that we have reported for the first half of 2013.

as far as further growth potential is concerned, we believe that the lifestyle and consumer goods industries will increasingly consider opting for ´high-end 3D visualization´ over the coming months and years, since design cycles are becoming ever shorter, and, in particular, enormous product diversity is set to push retail capacities beyond their limits. Digitally-produced content issued over multichannel outlets will also become more important.

we would take this opportunity to outline the following growth-drivers:

• growing efficiency pressure in product development and marketing

• further growth in product variants

• the trend towards individualization, made-to-order, and very varied options to individualize products

• further digitalization and virtualization of the process chain

• advancing utilization of social media for individualized and direct communication with end-consumers

as described in this interim group managing Board report, we believe that the opportunities to utilize high-end 3D visualization still hold considera-ble potential. We look forward to the challenges and use cases that await us in the future.

munich, september 13, 2013

rtt managing Board


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financials

GRoUP PRoFIT ANd Loss sTATEMENT

CoNsoLIdATEd ACCoRdING To IFRs 1 HY 2013 KEUR

1 HY 2012 KEUR

1. revenues 41,508 33,295

2. own work capitalized 852 1,392

3. other operating income 423 424

4. Cost of purchased materials and services 6,398 5,247

5. personnel expenditure 24,501 19,205

6. other operating expenditure 7,280 5,918

ebITDa 4,604 4,741

7. Depreciation and amortization on intangible and tangible assets 2,263 1,798

ebIT 2,342 2,943

8. interest income and expenses 43 56

result before tax 2,385 2,999

9. taxes on income and profit 1,226 1,057

annual surplus 1,158 1,942

10. share of minority interests gain/loss 39 -1

net income 1,198 1,941

statement of comprehensive income

exchange rate differences 51 442

Valuation changes of afs-securities -67 -12

actuarial gain/losses 0 0

other comprehensive income -16 430

thereof attributable to non-controlling interests 4 0

Total comprehensive income 1,182 2,371

thereof attributable to non-controlling interests 43 -1

shares 4,418,904.00 4,384,034.00

eps 0.27 0.44

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financials

GRoUP CAsH FLoW sTATEMENT

1 HY 2013 KEUR

1 HY 2012 KEUR

net income 1,158 1,942

+ Depreciation 2,263 1,798

+/- gain/Loss from disposal of fixed assets 5 40

+/- increase/decrease in accruals -49 15

-/+ increase/decrease in trade receivables and other assets -6,730 -1,830

+/- increase/decrease in trade liabilities -416 -1,850

+/- increase/decrease in other liabilities 1,925 3,668

+/- exchange-rate related and other non-cash related changes 76 488

Cash flow from continuing operations -1,768 4,271

+ proceeds from fixed assets disposals 2 3

- payments for investments in fixed assets (without goodwill) -3,543 -3,606

- payments for purchase of shares in affilia-ted companies 0 -18

+/- exchange-rate related changes 65 -53

Cash flow from investing activities -3,476 -3,675

+/- proceeds from / payments to company owners (purchase of own shares) 0 -267

+ proceeds from capital increase and share-holder grants 0 0

- Cash outflow from bank borrowings -455 -40

+/- exchange-rate related changes 7 6

Cash flow from financing activities -448 -301

Changes in cash and cash equivalents -5,692 295

+/– exchange-rate related changes in funds -37 103

+ Cash and cash equivalents at the end of the period 15,547 12,951

Cash and cash equivalents at the end of the period 9,819 13,349

financials

GRoUP BALANCE sHEET As oF JUNE 30, 2013

asseTs 06/30/2013keur

12/31/2012 keur

1. Cash and cash equivalents 7,203 8,437

2. short-term investments/marketable securities 2,616 7,111

3. trade receivables 28,358 22,134

4. accrued expenses and other assets 2,167 1,669

Total current assets 40,344 39,350

1. tangible assets 6,406 5,333

2. intangible assets 9,280 9,065

3. at-equity investments 544 617

4. investments in subsidiraries 19 19

5. accrued expenses and other assets 20 18

6. Deferred tax assets 436 430

Total non-current assets 16,705 15,482

Total assets 57,048 54,832

equITy anD lIabIlITIes 06/30/2013keur

12/31/2012 keur

1. trade liabilities 4,093 4,509

2. accruals 337 396

3. Bank borrowings 42 492

4. other liabilities 8,192 7,908

5. Deferred income 4,614 2,614

Total current liabilities 17,279 15,920

1. pension accrual 378 368

2. Bank borrowings 0 5

3. other liabilities 147 198

4. Deferred income 811 817

5. Deferred tax liabilities 2,051 2,352

Total non-current liabilities 3,386 3,740

1. subscribed capital 4,419 4,419

./. nominal value of own shares 14 14

2. issued share capital 4,405 4,405

3. Capital reserve 15,875 15,807

4. other reserves 15,856 14,678

5. minority interests 247 282

Total equity 36,384 35,172

Total equity and liabilities 57,048 54,832

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financials

GRoUP sTATEMENT oF CHANGEs IN

sHAREHoLdERs' EqUITY

Issued capital capital reserve other reserves attributable to equity holders of the company non-controlling interests

group equity

As per 01/01/2013 4,405 15,807 14,678 34,890 282 35,172

Capital increase 0 0 0 0 0 0

Consolidated net income 0 0 1,198 1,198 -39 1,158

share option program 0 69 0 69 0 69

Change afs-securities 0 0 -67 -67 0 -67

Actuarial gain/losses 0 0 0 0 0 0

Exchange differences 0 0 47 47 4 51

sale of own shares 0 0 0 0 0 0

Purchase of own shares 0 0 0 0 0 0

As per 06/30/2013 4,405 15,875 15,856 36,137 247 36,384

As per 12/31/2011 4,384 15,499 9,920 29,803 368 30,171


Consolidated net income 0 0 1,939 1,939 1 1,939





Purchase of own shares -13 0 -253 -267 0 -267

As per 06/30/2012 4,371 15,594 12,036 32,001 369 32,370

financials

GRoUP sTATEMENT oF CHANGEs IN

sHAREHoLdERs' EqUITY

Issued capital capital reserve other reserves attributable to equity holders of the company non-controlling interests

group equity

As per 01/01/2013 4,405 15,807 14,678 34,890 282 35,172


Consolidated net income 0 0 1,198 1,198 -39 1,158





sale of own shares 0 0 0 0 0 0

Purchase of own shares 0 0 0 0 0 0

As per 06/30/2013 4,405 15,875 15,856 36,137 247 36,384

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As per 12/31/2011 4,384 15,499 9,920 29,803 368 30,171


Consolidated net income 0 0 1,939 1,939 1 1,939





Purchase of own shares -13 0 -253 -267 0 -267

As per 06/30/2012 4,371 15,594 12,036 32,001 369 32,370

financials

NoTEs To THE CoNsoLIdATEd FINANCIAL sTATEMENTs

I. presentation of the consolidated financial statements

rtt ag has prepared abbreviated interim consolidated financial state-ments for the january 1, 2013 to june 30, 2013 period in accordance with ias 34 ´interim financial reporting´. the accounting, consolidation and valuation methods applied generally correspond to those that were also used as the basis for the consolidated annual financial statements as of December 31, 2012. a detailed description of these methods can be found in the notes to the con-solidated financial statements for the annual report as of December 31, 2012 that is published on the company‘s investor relations website.

Compared to the audited consolidated financial statements for the 2012 finan-cial year, no significant changes relating to the discretionary decisions, assumptions and estimates applied have occurred in the interim consolidated financial statements for the first half of 2013.

the interim consolidated financial statements are presented in euros (eur), the functional currency of rtt ag. for reasons of ease of overview, the figures in the interim consolidated financial statements are presented in thousands of euros (keur).

II. Information about the consolidation scope

no changes occurred to the group structure compared with the con-solidated annual financial statements as of December 31, 2012. these interim consolidated financial statements comprise rtt ag and all the companies that it controls. the financial year of all fully consolidated companies runs from january 1 until December 31.

rtt japan K.K. also owns a 40 percent interest in CaD reality Co. Ltd., which is based in tokyo, japan. this company was consolidated applying the at-equity method accordingly.

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subsidiaries

RTT UsA Inc. pasadena/usa, wholly-owned subsidiary of rtt ag

RTT Asia-Pacific Jusik-Hoesa seoul/south Korea, wholly-owned subsidiary of rtt ag

RTT Japan K.K tokyo/japan, wholly-owned subsidiary of

rtt asia-pacific jusik-Hoesa

RTT China Co. Ltd. shanghai/China, wholly-owned subsidiary of

rtt asia-pacific jusik-Hoesa

RTT do Brasil LTdA são paulo/Brazil, wholly-owned subsidiary of rtt ag

RTT B.V. amsterdam/netherlands, wholly-owned subsidiary of rtt ag

RTT BeNeLux BVBA Vilvoorde/Belgium, 99.99 percent-owned subsidiary of rtt B.V.

(0.01 percent held by rtt ag)

Bunkspeed Inc. encinitas/usa, 65.52 percent-owned subsidiary of rtt ag

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III. segment reporting

the operating segments of the rtt ag group comprise the geo-graphic regions of europe, americas (north and south america) and apaC (asia-pacific). these operating segments are in accordance with internal reporting to the main decision-maker.

the éurope´ segment comprises the business activities of rtt ag as well as of rtt BeneLux and rtt B.V. the ámericas´ segment comprises rtt usa, Bunkspeed as well as rtt Brazil. ápaC´ includes rtt China, rtt japan and rtt Korea.

Iv. consolidated cash flow statement

the consolidated cash flow statement shows the changes in cash and cash equivalents over the course of the financial period under review.

the cash flow statement was prepared applying the indirect method in accordance with ias 7. the cash flows are split between cash flow from

KEUR 1 HY 2013 EU AMERICAs APAC ELIMINATIoN CoNsoLIdATEd

Revenues

external revenue 20,839 16,327 4,343 0 41,508

internal revenue 2,415 55 75 -2,546 0

Total revenue 23,254 16,382 4,418 -2,546 41,508

segment EBITdA 248 4,299 58 0 4.604

depreciation and amortization -1,554 -655 -54 0 -2,263

segment EBIT -1,306 3,644 3 0 2,342

KEUR 1 HY 2012 EU AMERICAs APAC ELIMINATIoN CoNsoLIdATEd

Revenues

external revenue 19,655 10,248 3,391 0 33,295

internal revenue 1,198 152 96 -1,446 0

Total revenue 20,853 10,400 3,487 -1,446 33,295

segment EBITdA 2,732 1,819 190 0 4,741

depreciation and amortization -1,161 -559 -78 0 -1,798

segment EBIT 1,571 1,260 112 0 2,943

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operating, investing and financing activities.

Besides the cash and cash equivalents, the financial resources position also includes securities since they can be liquidated rapidly.

v. related parties disclosures

ias 24 defines related parties as individuals or companies, which can be influenced by the reporting company, or which can exert influence on the reporting company.

no business transactions occurred between the group and related parties in the first half of the 2013 financial year.

vI. events of particular significance after the balance sheet date

effective as of august 30, 2013 rtt japan K.K. has sold the shares of CaD reality Ltd.

a capital increase occurred as of september 2, 2013 as part of the emplo-yee stock option program. rtt share capital consequently increased by eur 61,166.00, from eur 4,418,904.00 to eur 4,480,070.00, which is split into 4,480,070 ordinary registered shares. this capital increase occurred against cash capital contributions with shareholders‘ subscription rights being excluded.

munich, september 13, 2013

rtt managing Board


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MANAGING BoARd ANd sUPERVIsoRY BoARd

Managing Board Members Ludwig A. Fuchs rtt Co-founder and managing Board member since 1999

Roberto schettler managing Board member since 2010

Chairman of the supervisory Board

dr. Marcus Englert Chairman of the supervision Board member since 2013 general partner atlantic Capital partners gmbH

deputy Chairman of the supervisory Board

Christoph Karrasch Deputy Chairman of the supervision Board member since 2013 rtt Co-founder and freelance Consultant

supervisory Board Members

Tim Bunting supervisory Board member since 2008 partner Balderton Capital

Peter Conzatti supervisory Board member since 2010 senior portfolio manager Lupus alpha asset management ag

Jürgen Kunz supervisory Board member since 2010 managing Directororacle Deutschland B.V. & Co. Kg

dr. Ralf schnell supervisory Board member since 2012managing Directorsiemens Venture Capital gmbH

imprint

contactrealtime technology agrosenheimer str. 145D-81761 munichPhone +49 (0)89 200 275 0Fax +49 (0)89 200 275 200E-Mail [email protected] www.rtt.ag

registry courtmunich District Court

corporate registration numberHrB 125910ust.-iD nr. gem. § 27a ustg De 812717475

legal noticesthe trademarks and copyrights for logos, images and text are held by realtime technology ag. all trademarks, names and brands mentioned in this document are the property of their respective owners.

liability noticethe german version of the rtt general terms and Conditions of Business (agB) applies. Copyright © rtt ag 2013

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challenging reality

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