(28) Segment Report

For the purposes of presenting segment information, the activities of the Group are divided into operating segments in accordance with the rules contained in IFRS 8 (Operating Segments). Internal reporting within the Group is conducted on the basis of the customer profiles “Banking” and “Retail” as well as on the regional basis; the areas “Banking” and “Retail” were defined as operating segments in accordance to IFRS 8.10. As chief operating decision maker (CODM) within the meaning of IFRS 8, our Board of Directors assesses the performance of these two operating segments on the basis of corporate reporting and makes decisions about resources to be allocated. The performance of the operating segments is assessed in particular by referring to “net sales to external customers” as well as “EBITA (Glossary.”

The nature of products and services in the Banking and Retail segments are shown in the chapter “General Information” and in the Group Management Report.

Segment information is prepared in conformity with the accounting policies adopted for preparing and presenting the Group Financial Statements. There were no changes in accounting policies compared to previous periods.

“EBITA” is the measure of segment profit (loss) used in segment reporting and comprises gross profit, selling, general and administration expenses, research and development expenses, other operating income, and expenses and result from equity accounted investments.

In the case of information by geographical region, external sales are based on the location of the customer’s registered office. In fiscal years 2010/2011 and 2009/2010, no single customer accounted for more than 10% of total net sales. The information disclosed for non-current assets relates to intangible assets without goodwill as well as property, plant and equipment and reworkable service parts. The allocation is given according to the location of the assets concerned.

Reconciliation of Segment Profit to Profit for the Period.

€k

 

2010/2011

2009/2010

Operating profit (EBITA)

162,356

162,230

Goodwill amortization (Glossary

0

0

Operating profit (EBIT)

162,356

162,230

Finance income and finance costs

–6,917

–6,015

Profit before income taxes

155,439

156,215

Income taxes

–47,150

–49,738

Profit for the period

108,289

106,477

Profit attributable to non-controlling interests

–1,171

–288

Profit attributable to equity holders of Wincor Nixdorf AG

107,118

106,189

Reconciliation of Segment Assets and Segment Liabilities.

€k

 

Sept. 30, 2011

Sept. 30, 2010

Assets

1,307,410

1,271,186

Non-operating miscellaneous intangible assets
(goodwill and product know-how)

–335,224

–333,629

Loans

–117

–113

Investments accounted for using the equity method

–5,440

–28

Investments

–1,105

–1,106

Receivables from related companies

–8,091

–281

Non-operating miscellaneous assets
and current income tax assets

–57,865

–66,110

Cash and cash equivalents

–22,146

–19,959

Deferred tax assets

–27,115

–26,017

Segment assets

850,307

823,943

 

 

 

Equity and Liabilities

1,307,410

1,271,186

Equity

–329,897

–358,450

Accruals for pensions and similar commitments

–24,405

–23,198

Deferred tax liabilities

–27,993

–17,585

Other accruals

–169,097

–192,457

Financial liabilities

–199,064

–154,364

Current income tax liabilities

–24,675

–23,138

Non-operating miscellaneous liabilities

–139,820

–106,737

Segment liabilities

392,459

395,257

Non-operating miscellaneous liabilities include other liabilities without deferred income.

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