Changes during fiscal 2004/2005 to individual items within fixed assets are shown in the Group Changes in Fixed Assets table.

Intangible Assets.

Intangible assets as of September 30, 2005 include product know-how of € 51,811k (previous year: € 78,024k) arising from the leveraged buy-out.

The product know-how arising from the leveraged buy-out contains the acquired development services, valued on a historical cost basis, for products and solutions in the Retail and Banking segments.

Amortization of product know-how is € 26,213k (previous year: € 28,093k). This figure includes impairment losses of € 5,781k (previous year: € 5,064k) due to a lack of intrinsic value.

During fiscal 2004/2005, the acquisition of commercial patents and similar rights plus licenses to such rights re-sulted in additions of € 5,599k. Advances made amounted to € 434k.

Total goodwill additions amount to € 1,281k. They are mainly the result of the acquisition of BEB Industrie-Elektronik AG, Burgdorf, Switzerland (€ 242k), the acquisition of the equity interest in CXT Huolto Oy, Vantaa, Finland (€ 297k) as well as a subsequent payment for prior year’s acquisition of Datalect Group Ltd., Perivale, Middlesex, Great Britain (€ 634k).

According to IFRS 3, goodwill is no longer amortized on a scheduled basis since October 1, 2003. The accumulated amortization on goodwill has been eliminated by a corresponding decrease in the historical costs of goodwill. Negative goodwill is derecognised by a corresponding adjustment to the opening balance of retained earnings as of October 1, 2003.

In the statement of income, impairment of the previous year’s goodwill is shown under other operating expenses, with product know-how amortization shown under cost of sales.

The depreciation of other intangible assets is included in the statement of income under the various functional cost headings (cost of sales, research and development expenses, selling expenses and general administration expenses).

Tangible Assets.

Additions to tangible assets are valued at € 31,701k, with large individual elements of this being other fixed assets & office equipment at € 23,782k (essentially specialist tools and IT equipment) and equipment under construction at € 2,683k, mainly the result of specialist tools not yet finished.

The depreciation of € 25,229k (previous year: € 22,669k) is included in the statement of income under the various functional cost headings.

The leasing of ATMs essentially corresponds to operating leases as defined by IAS 17. Under the tailored terms of product lease agreements between Wincor Nixdorf as lessor and customers as lessees, the main risks and rewards remain with Wincor Nixdorf. The minimum lease periods are between three and five years, with extension options in existence under identical terms. Depreciation and book values as on the balance sheet dates are shown in the Group Changes in Fixed Assets table.

The future minimum lease payments under non-terminable lease agreements are as follows:

Financial Assets.

Within investments the 10 % investment in RUBEAN AG, Munich, fully depreciated during fiscal year 2001/2002, is presented.

Included under loans are lendings to employees of € 148k (previous year: € 233k).