Wincor Nixdorf attempts to reduce the credit risks by using trading information, credit limits and debtor management including a payment reminders system and proactive debt collection. We operate with letters of credit to safeguard receivables from customers in countries with a credit risk, such as Georgia, Cambodia, Kazakhstan, Kenya, Lebanon, Nigeria and Pakistan. The maximum default risk is represented by the book values of the financial assets recognized in the balance sheet.

In the case of derivative financial instruments, the Wincor Nixdorf Group is exposed to credit risks arising from the non-performance of contractual obligations by the contracting parties. These risks are minimized by only entering into agreements with contracting parties who have a first-class credit rating. The default risk of derivatives equals their positive fair values. The maximum credit risk of a single contracting partner is €1,288k at the balance sheet date.