[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; "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”.

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 2015/2016 and 2014/2015, 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

 

2015/2016

2014/2015

Operating profit (EBITA)

143,568

21,851

Goodwill amortization

0

0

Operating profit (EBIT)

143,568

21,851

Finance income and finance costs

–4,595

–6,938

Profit before income taxes

138,973

14,913

Income taxes

–37,086

–7,141

Profit for the period

101,887

7,772

Profit attributable to non-controlling interests

–1,451

–1,306

Profit attributable to equity holders of Wincor Nixdorf AG

100,436

6,466

Reconciliation of Segment Assets and Segment Liabilities.

 in T€

 

Sept. 30, 2016

Sept. 30, 2015

Segment assets

1,045,505

998,465

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

348,555

336,532

Investments

3,714

1,190

Deferred tax assets

44,712

47,908

Receivables from related companies (exclusive of trade receivables from joint ventures)

12,496

6,234

Current income tax assets

16,558

10,917

Non-operating miscellaneous assets

117,861

68,159

Cash and cash equivalents

85,336

37,838

Assets

1,674,737

1,507,234

 

 

 

Segment liabilities

559,228

479,210

Equity

440,531

391,440

Accruals for pensions and similar commitments

82,586

83,262

Other accruals

197,456

188,714

Financial liabilities

77,929

177,791

Deferred tax liabilities

9,126

23,229

Financial liabilities to affiliated companies

58,249

 

Financial liabilities to related companies

931

116

Current income tax liabilities

40,982

39,959

Non-operating miscellaneous liabilities

207,719

123,513

Equity and Liabilities

1,674,737

1,507,234

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