Segment Report


Segment Report by Division.

€k

 

Banking

Retail

Group

1)

After elimination of profit charges arising from the carve-out (further information under “Effect of Profit Charges arising from the Carve-out”).

Net sales to external customers

455,376
(405,576)

190,271
(196,056)

645,647
(601,632)

Operating profit (EBITA)1

46,108
(40,607)

9,920
(11,158)

56,028
(51,765)

Investment in property rights, licenses and property, plant and equipment

11,477
(11,308)

1,242
(2,156)

12,719
(13,464)

Investment in reworkable service parts

2,051
(159)

426
(34)

2,477
(193)

Amortization/depreciation of property rights, licenses and property, plant and equipment

9,874
(8,113)

1,758
(1,756)

11,632
(9,869)

Write-down of reworkable service parts

1,062
(538)

221
(113)

1,283
(651)

Research & development expenses

16,339
(14,457)

7,606
(8,551)

23,945
(23,008)

Comparative figures for 1st quarter 2007/2008 are shown in brackets for each item.

Reconciliation of Segment Profit to Profit for the Period.

€k

 

1st quarter
2008/2009

1st quarter
2007/2008

Operating profit (EBITA)

56,028

51,765

Goodwill amortization

0

0

Operating profit (EBIT)

56,028

51,765

Profit charges arising from the carve-out

–2,421

–3,620

Finance income and finance costs

–3,569

–2,762

Profit before income taxes

50,038

45,383

Income taxes

–15,008

–13,785

Profit for the period

35,030

31,598

The operating profit (EBITA) is stated here as the profit before taking into account the profit charges arising from the carve-out, which result from the amortization of product know-how acquired in the course of the carve-out. Since the product know-how is used by both segments, this amortization was not divided across both the segments, Retail and Banking, as in previous years.

Net Sales by Regions.

€k

 

1st quarter
2008/2009

1st quarter
2007/2008

Europe

487,695

471,080

in % of total net sales

75.6

78.3

included in Europe: Germany

154,940

137,675

in % of total net sales

24.0

22.9

America

57,557

49,289

in % of total net sales

8.9

8.2

Asia/Pacific/Africa

100,395

81,263

in % of total net sales

15.5

13.5

Total

645,647

601,632

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