Segment Report


 

Segment Report by Division.

 

 

 

€k

 

3rd quarter 2008/2009

9 months 2008/2009

 

Banking

Retail

Group

Banking

Retail

Group

Comparative figures for 3rd quarter 2007/2008 and for 9 months 2007/2008 are given in parentheses.

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

329,501
(364,338)

166,051
(190,264)

495,552
(554,602)

1,194,819
(1,182,725)

534,244
(554,883)

1,729,063
(1,737,608)

Operating profit (EBITA)1

29,778
(40,318)

5,501
(10,719)

35,279
(51,037)

113,859
(121,306)

24,494
(30,386)

138,353
(151,692)

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

10,298
(15,486)

1,663
(1,978)

11,961
(17,464)

30,895
(40,194)

4,264
(6,637)

35,159
(46,831)

Investment in reworkable service parts

2,410
(2,325)

466
(411)

2,876
(2,736)

6,797
(3,992)

1,314
(721)

8,111
(4,713)

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

10,411
(9,862)

1.809
(2.093)

12,220
(11,955)

30,168
(27,704)

5,271
(5,679)

35,439
(33,383)

Write-down of reworkable service parts

1,495
(2,019)

289
(358)

1,784
(2,377)

3,957
(3,101)

765
(560)

4,722
(3,661)

Research and development expenses

19,123
(18,504)

8,303
(8,445)

27,426
(26,949)

52,384
(49,966)

25,127
(25,143)

77,511
(75,109)

Reconciliation of Segment Profit to Profit for the Period.

 

€k

 

3rd quarter
2008/2009

3rd quarter
2007/2008

9 months
2008/2009

9 months
2007/2008

Operating profit (EBITA)

35,279

51,037

138,353

151,692

Goodwill amortization

0

0

0

0

Operating profit (EBIT)

35,279

51,037

138,353

151,692

Profit charges arising from the carve-out

0

–2,422

–4,843

–9,662

Finance income and finance costs

–1,925

–2,677

–8,315

–8,904

Profit before income taxes

33,354

45,938

125,195

133,126

Income taxes

–10,475

–13,991

–38,059

–40,373

Profit for the period

22,879

31,947

87,136

92,753

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

 

3rd quarter
2008/2009

3rd quarter
2007/2008

9 months
2008/2009

9 months
2007/2008

Europe

376,331

433,947

1,289,549

1,331,980

in % of total net sales

75.9

78.2

74.6

76.7

Included in Europe: Germany

148,657

144,783

484,405

411,697

in % of total net sales

30.0

26.1

28.0

23.7

Asia/Pacific/Africa

75,078

79,024

293,925

261,340

in % of total net sales

15.2

14.2

17.0

15.0

America

44,143

41,631

145,589

144,288

in % of total net sales

8.9

7.6

8.4

8.3

Total

495,552

554,602

1,729,063

1,737,608

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