The systematic allocation of the depreciable amount of an asset over its useful life. In the case of an intangible asset or goodwill, the term "amortization" is generally used instead of "depreciation." Both terms have the same meaning.

Safe designed for the deposit/dispensing of cash in the front-office area of banks. Security devices such as armored glass for bank counters are no longer required.

The segment within Wincor Nixdorf dealing with the development, manufacture and sale of hardware, software and services for customers in the banking industry.

The demerger of one or more business units from a company, group of companies or a group corporation. The Retail and Banking business was demerged from the Siemens Group on October 1, 1999.

(see also Cash Management)

Cash flow describes the change in cash and cash equivalents during the period under review.

The term Cash Management is used to describe all the measures in place to assure the short-term availability of cash in the company. It covers the full range of tasks and measures implemented to provide sufficient liquidity and achieve the greatest possible level of transaction efficiency. Cash Management goes beyond the simple administration of cash resources; it involves the active, targeted control of cash with a view to assuring and maintaining the company's ability to meet its payment obligations.

Machines or devices in which money is held or stored, such as ATMs, safes, automated teller safes, checkout systems, etc.

Cash machine that counterfeit-checks deposited banknotes and subsequently makes this cash available for withdrawals.

Cash systems include devices for dispensing or depositing cash as well as combined cash recycling systems for self-service and teller/cashier operation.

Module that automates the process of accepting and identifying banknotes and checks.

Systems, made up of hardware and software, used for the process of scanning and payment of goods in retail outlets.

In most cases, consulting services are unrelated to a specific product and are offered when the client either lacks the required in-house expertise or the time. It is a general term that can be used to describe a range of professional activities. It is often used in the context of business or IT consulting.

Responsible management and control of a company based on the principle of creating value over the long term.

The documentation and administration of customer relationships.

The declaration made by the Board of Directors and the Supervisory Board pursuant to Section 161 of the German Stock Corporation Act (Aktiengesetz – AktG) relating to implementation of the recommendations of the Government Commission on German Corporate Governance.

Temporary differences between taxes calculated on the basis of accounting profit on the one hand and taxable profit on the other, the aim being to present tax expense on the basis of accounting profit.

Distribution (or sales) channels are the various channels used for communication with customers. Offering hardware, software and services through a number of different distribution channels is often referred to as multichannel distribution (see also Multichannel).

Shows how much a company pays out in dividends each year relative to its share price: dividend amount divided by the current share price, multiplied by 100.

Earnings before interest, taxes and amortization of goodwill and product know-how. Wincor Nixdorf uses EBITA as an indicator of the underlying profitability of its core Retail and Banking businesses.

Earnings before interest, taxes, depreciation and amortization of goodwill, product know-how and licenses.

Electronic checkout (or electronic point-of-sale) systems are taken to include all types of checkout systems that function electronically rather than mechanically.

(see also Electronic Checkout System).

Internet- and/or intranet-based systems used within the area of computer-aided HR management, allowing log-in by employees for the purpose of viewing, entering or updating personal information.

EMV describes a specification for payment cards equipped with processor chips and for the associated chip card equipment (POS systems and ATMs). The letters EMV stand for the three companies which developed the standard: Europay, MasterCard and VISA.

Refers to the task of deploying the resources available in a company (capital, operating resources and staff) in the most efficient way possible for operational purposes. The term is often used in connection with software, in which case it generally describes comprehensive applications software solutions that provide all-round support for a company's operational functions (e.g., inventory management/logistics, accounting and human resources).

The free float of a public company is an estimate of the proportion of shares that are not held by large owners and that are not stock with sales restrictions. It is a measure of how many shares are reasonably liquid and therefore excludes those shares held by strategic shareholders.

Solutions, consisting of hardware and software, which automate the process of taking in and processing items such as bottles (reverse vending systems) as well as cash and/or checks (CCDM).

The aim of these standards is to make it easier to compare company data. In accordance with an EU directive, all quoted companies are obliged to present their financial statements and reports in line with these rules.

Computer-supported, network-compatible information and interactive systems with which transient and mostly unidentified users download multimedia information or execute transactions (usually while standing) in a relatively short period of time. The applications are controlled, primarily, through intuitive and easy-to-use touch screens.

Standardized services associated with the operation of IT systems and ICT infrastructures within the retail and banking environment.

Under the multichannel principle, transactions that are executed using various distribution or sales channels, such as counter, Internet or ATM transactions, can be settled and managed through a uniform system that makes it possible to use identical applications and data sets.

Unlike monofunctional systems, these devices have more than one function; for instance, they can be multifunctional cash systems that permit not only cash withdrawals but also cash deposits.

Under the multivendor principle, the products of one supplier can be combined with the products of another supplier. Alternatively, the products of a third-party supplier that are already installed within a customer's system may be integrated into a specific software architecture.

In the case of software applications designed around this principle, the entire software required to run equipment is no longer installed on the client systems, ATMs or ePOS systems, but rather on a central server.

Miscellaneous securities plus cash in hand and at bank (including checks), minus bank liabilities.

Profit of the Group before it is divided into "Profit attributable to minority interest" and "Profit attributable to equity holders of Wincor Nixdorf AG."

Profit for the period, adjusted for amortization of product know-how identified as part of the carve-out and adjusted for the amount of deferred taxes associated therewith.

These are systems deployed for the purpose of presenting information and processing transactions, such as statement printers and kiosk or money transfer terminals.

This term refers to the delegation of operational functions and duties to outside suppliers.

Checkout systems.

Product-related services are those directly connected with the product after installation and during its life cycle (e.g., maintenance services).

These involve providing specialized services to businesses. Wincor Nixdorf offers consulting and integration services. The term also covers all services relating to the implementation of a solution.

The development, production, logistics, marketing and sale of hardware together with software and other services for Wincor Nixdorf's retail customers.

Rollout describes the process of implementing new technologies, products or applications; in other words, the launch for final use and consumption. Alternatively, it can also mean large-scale installation projects such as ePOS systems or ATMs in branch offices or stores under a stipulated project timetable.

Expenditure on research and development activities.

This checkout procedure is executed at the checkout counter without a cashier. The customer scans the products and pays for them at the machine using cash or a debit or credit card.

Equipment or devices that permit consumers or bank customers to execute transactions without the assistance of service or sales personnel or banking staff. Self-service products are, for example, ATMs, self-checkout systems or kiosk terminals.

Compilation, processing and analysis of detailed information about system components and overall system status as a basis of efficient management of services workflow.

Flexible, scalable IT architecture that is designed to support data processing by means of modularizing and interconnecting processes and systems. Heterogeneous system environments are efficiently adjusted to changing business processes with the help of a software platform.

This term is used to refer to all those parts of our portfolio, such as consulting, that do not consist of hardware or software.

A software solution is software that is tailored to a customer's individual needs. It may comprise one or more software modules and is integrated into the customer's IT environment.

A solution is a combination of at least two of the following: hardware, software and services/consulting.

A group of applications sold as a complete package. Wincor Nixdorf has developed the Retail Banking Solution Suite (ProClassic/Enterprise) for the banking industry and the TP Application Suite for its retail customers.

The term supply chain describes the management of materials procurement throughout a company's entire value chain and includes suppliers and buyers. At Wincor Nixdorf, it is specifically used to cover the following processes: materials planning, purchasing, goods receipt (central warehouse), warehouse administration (central warehouse), distribution to sales outlets and returns processing (central warehouse).

The total costs of hardware, software or a service, including all direct and indirect costs (including consequential costs).

Refers to a computer as a network device (in this case: ATMs, POS systems or other terminals) whose functionality is limited to essential tasks.

Processing and forwarding, including authentication, of data relating to financial transactions executed within the banking industry.

Intensity of price fluctuations of a stock, currency or bulk commodity compared to the market development.

Working capital is defined as inventories plus trade receivables, less trade payables, less prepayments received and deferred income.