Banking (Segment): The segment within Wincor Nixdorf dealing with the development, manufacture, and sale of hardware, software, and services for customers in the banking industry.
Branch Transformation: Refers to the evolution of bank branches towards efficient, future-proof sales channels that are fully integrated into the bank’s overall sales concept.
Cash Cycle Management Solutions: Combination of hardware, software, and services that can be used to optimize the cash management systems of banks and retailers.
Cash Management: The term Cash Management is used to describe all the measures in place to assure the shortterm 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.
Cashless Payment Solutions: Solutions consisting of hardware, software, and services that are designed to facilitate the processing of cashless payment transactions.
Cash Recycling System: Cash machine that counterfeitchecks deposited banknotes and subsequently makes this cash available for withdrawals.
Checkout Systems: Systems, made up of hardware and software, used for the process of scanning and payment of goods in retail outlets.
CINEO: The name given to a family of cash systems developed by Wincor Nixdorf comprising ATMs, cash recycling systems, automated teller safes, and transaction terminals.
High-End-Services Portfolio: Our range of premium-quality IT services offered as part of Managed Services or Outsourcing arrangements.
High-End Systems: Self-service systems that offer a range of functions and are therefore designed with additional technology or modules. Examples include cash recycling systems and systems that can process checks and savings books.
Managed Services: Standardized services associated with the operation of IT systems and information and communication infrastructures within the retail and banking environment.
Multichannel: The term refers to the distribution or sale of products and services via several channels. In this case, the channels exist side by side without interacting with each other.
Omnichannel: This approach uses a number of sales or distribution channels. The key refinement is that customer information is not lost if and when consumers choose a different channel. This is made possible by uniform data storage and cross-channel processes.
POS System: Point-of-sale system; PC-based IT solution to integrate peripheral devices such as scanners and scales.
Professional 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.
Retail (Segment): The development, production, logistics, marketing, and sale of hardware together with software and other services for Wincor Nixdorf’s retail customers.
Self-checkout: 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.
Store Lifecycle Management: Management of the entire lifecycle of retail outlets, from store opening through refurbishment to final closure. This includes the operation of store hardware and software as well as a dedicated Service Desk that is also responsible for the distribution of software.
TCO, Total Cost of Ownership: The total costs of hardware, software, or a service, encompassing all direct and indirect costs (including consequential costs).
Amortization/Depreciation: 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.
Cash Flow: Cash flow describes the change in cash and cash equivalents during the period under review.
Corporate Governance: Responsible management and control of a company based on the principle of creating value over the long term.
Declaration of Conformity: 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.
Deferred Taxes: 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.
Dividend Yield: 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.
EBITA (Operating Profit): Earnings before interest, taxes, and amortization of goodwill. Wincor Nixdorf uses EBITA as an indicator of the underlying profitability of its operating segments Retail and Banking.
EBITDA: Earnings before interest, taxes, depreciation, and amortization of goodwill, and licenses.
HGB: German Commercial Code.
International Financial Reporting Standards: 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.
Net Debt: Miscellaneous securities plus cash in hand and at bank (including checks), minus bank liabilities.
Profit for the Period: Profit of the Group before it is divided into “Profit attributable to minority interest” and “Profit attributable to equity holders of Wincor Nixdorf AG.”
Revolving Credit Facility: Line of credit that can be utilized repeatedly up to the end of the agreed term despite the borrower already having made repayments. The revolving credit can be utilized in part or in full, and in our specific case the amounts borrowed can be denominated in various currencies (multicurrency revolving facility).
R&D Expenditure: Expenditure on research and development activities.
Risk Management: Systematic procedure to identify, analyze, evaluate, monitor, and control potential opportunities and risks.
Sensitivity Analysis: Assessment of the effects of possible changes in assumptions.
Volatility: Intensity of price fluctuations of a stock, currency, or bulk commodity compared to the market development.
Working Capital: Working capital is defined as inventories plus trade receivables, less trade payables, less prepayments received and deferred income.