Following the organisational spin-off of the Financial Services business in the core European countries, it was necessary to adjust the provisional reporting structure in the voluntary additional information in Q1-3/2012. Consequently, the figures reported in the voluntary segment reporting in the Q1/2012 and Q2/2012 Bond Reports do not coincide exactly with the current segment reporting information for Q1-3/2012.
The assets attributable to the Financial Services segment reported in the cumulative tables include long-term leases which were reported either as leased assets or lease receivables, depending on the type of lease. As of 30 September 2012, lease receivables due from unrelated third parties amounted to €355 million. In addition, intra-group receivables amounted to €365 million mainly due to the refinancing of the short-term rental business of LMH and STILL. Segment liabilities as of 30 September 2012 largely comprised liabilities to leasing companies arising from the financing of leased assets in the amount of €674 million and net financial debt of €160 million arising from general business finance for the Financial Services segment.
Q3/2012
|
Segment report – Voluntary Additional Information |
LMH |
STILL |
FS |
Other |
Consoli- |
Total | |||
|
€ thousand |
Q3 |
|
|
|
|
|
| ||
| |||||||||
|
|
|
|
|
|
|
| |||
|
Revenue from external customers |
|
700,816 |
354,133 |
63,453 |
9,862 |
– |
1,128,264 | ||
|
Intersegment revenue |
|
48,185 |
48,710 |
60,934 |
54,922 |
-212,751 |
– | ||
|
Total revenue |
|
749,001 |
402,843 |
124,387 |
64,784 |
-212,751 |
1,128,264 | ||
|
|
|
|
|
|
|
|
| ||
|
Earnings before taxes |
|
67,477 |
14,755 |
1,275 |
-46,590 |
-13,379 |
23,538 | ||
|
|
|
|
|
|
|
|
| ||
|
Financial income |
|
6,978 |
1,363 |
10,523 |
-2,509 |
-14,944 |
1,411 | ||
|
Financial expense |
|
-11,317 |
-8,374 |
-9,648 |
-42,422 |
14,021 |
-57,740 | ||
|
= Financial result |
|
-4,339 |
-7,011 |
875 |
-44,931 |
-923 |
-56,329 | ||
|
|
|
|
|
|
|
|
| ||
|
EBIT |
|
71,816 |
21,766 |
400 |
-1,659 |
-12,456 |
79,867 | ||
|
|
|
|
|
|
|
|
| ||
|
+ Non-recurring items |
|
1,725 |
7,587 |
– |
7,920 |
– |
17,232 | ||
|
+ KION acquisition items |
|
6,984 |
2,002 |
– |
128 |
– |
9,114 | ||
|
|
|
|
|
|
|
|
| ||
|
= Adjusted EBIT |
|
80,525 |
31,355 |
400 |
6,389 |
-12,456 |
106,213 | ||
|
|
|
|
|
|
|
|
| ||
|
Depreciation* |
|
45,858 |
25,511 |
15,361 |
4,734 |
-3,523 |
87,941 | ||
Q3/2011
|
Segment report – Voluntary Additional Information |
LMH |
STILL |
FS |
Other |
Consoli- |
Total | |||
|
€ thousand |
Q3 |
|
|
|
|
|
| ||
| |||||||||
|
|
|
|
|
|
|
| |||
|
Revenue from external customers |
|
623,463 |
352,156 |
58,996 |
9,522 |
– |
1,044,137 | ||
|
Intersegment revenue |
|
56,105 |
45,986 |
50,347 |
47,754 |
-200,192 |
– | ||
|
Total revenue |
|
679,568 |
398,142 |
109,343 |
57,276 |
-200,192 |
1,044,137 | ||
|
|
|
|
|
|
|
|
| ||
|
Earnings before taxes |
|
48,981 |
12,569 |
1,385 |
-81,358 |
-1,813 |
-20,236 | ||
|
|
|
|
|
|
|
|
| ||
|
Financial income |
|
7,791 |
1,523 |
10,683 |
36,441 |
-9,880 |
46,558 | ||
|
Financial expense |
|
-10,666 |
-7,086 |
-9,925 |
-111,247 |
8,708 |
-130,216 | ||
|
= Financial result |
|
-2,875 |
-5,563 |
758 |
-74,806 |
-1,172 |
-83,658 | ||
|
|
|
|
|
|
- |
|
| ||
|
EBIT |
|
51,856 |
18,132 |
627 |
-6,552 |
-641 |
63,422 | ||
|
|
|
|
|
|
|
|
| ||
|
+ Non-recurring items |
|
2,245 |
1,778 |
– |
8,464 |
– |
12,487 | ||
|
+ KION acquisition items |
|
7,138 |
1,203 |
– |
76 |
– |
8,417 | ||
|
|
|
|
|
|
|
|
| ||
|
= Adjusted EBIT |
|
61,239 |
21,113 |
627 |
1,988 |
-641 |
84,326 | ||
|
|
|
|
|
|
|
|
| ||
|
Depreciation* |
|
42,365 |
22,758 |
18,725 |
3,534 |
-4,647 |
82,735 | ||
Q1-3/2012
|
Segment report – Voluntary Additional Information |
LMH |
STILL |
FS |
Other |
Consoli- |
Total | |||||
|
€ thousand |
Q1-Q3 |
|
|
|
|
|
| ||||
| |||||||||||
|
|
|
|
|
|
|
| |||||
|
Revenue from external customers |
|
2,142,351 |
1,070,254 |
195,986 |
30,219 |
– |
3,438,810 | ||||
|
Intersegment revenue |
|
162,240 |
150,727 |
149,659 |
152,353 |
-614,979 |
– | ||||
|
Total revenue |
|
2,304,591 |
1,220,981 |
345,645 |
182,572 |
-614,979 |
3,438,810 | ||||
|
|
|
|
|
|
|
|
| ||||
|
Earnings before taxes |
|
224,809 |
49,683 |
3,541 |
-151,252 |
-33,294 |
93,487 | ||||
|
|
|
|
|
|
|
|
| ||||
|
Financial income |
|
22,090 |
4,391 |
33,112 |
8,259 |
-29,187 |
38,665 | ||||
|
Financial expense |
|
-34,580 |
-23,645 |
-30,622 |
-158,570 |
26,500 |
-220,917 | ||||
|
= Financial result |
|
-12,490 |
-19,254 |
2,490 |
-150,311 |
-2,687 |
-182,252 | ||||
|
|
|
|
|
|
|
|
| ||||
|
EBIT |
|
237,299 |
68,937 |
1,051 |
-941 |
-30,607 |
275,739 | ||||
|
|
|
|
|
|
|
|
| ||||
|
+ Non-recurring items |
|
-10,135 |
9,606 |
– |
16,303 |
– |
15,774 | ||||
|
+ KION acquisition items |
|
21,236 |
5,390 |
– |
766 |
– |
27,392 | ||||
|
|
|
|
|
|
|
|
| ||||
|
= Adjusted EBIT |
|
248,400 |
83,933 |
1,051 |
16,128 |
-30,607 |
318,905 | ||||
|
|
|
|
|
|
|
|
| ||||
|
Segment assets |
|
4,564,137 |
1,917,625 |
978,287 |
534,794 |
-1,915,845 |
6,078,998 | ||||
|
Segment liabilities |
|
1,532,636 |
1,025,526 |
939,746 |
5,054,492 |
-1,894,007 |
6,658,393 | ||||
|
Carrying amount of equity investments |
|
32,906 |
6,148 |
– |
– |
– |
39,054 | ||||
|
Capital expenditures* |
|
54,163 |
33,350 |
– |
9,287 |
– |
96,800 | ||||
|
Depreciation** |
|
132,168 |
74,345 |
43,255 |
13,322 |
-6,801 |
256,289 | ||||
Q1-3/2011
|
Segment report – Voluntary Additional Information |
LMH |
STILL |
FS |
Other |
Consoli- |
Total | |||||
|
€ thousand |
Q1-Q3 |
|
|
|
|
|
| ||||
| |||||||||||
|
|
|
|
|
|
|
| |||||
|
Revenue from external customers |
|
1,885,066 |
1,061,654 |
189,984 |
19,961 |
– |
3,156,665 | ||||
|
Intersegment revenue |
|
180,360 |
148,876 |
143,768 |
137,014 |
-610,018 |
– | ||||
|
Total revenue |
|
2,065,426 |
1,210,530 |
333,752 |
156,975 |
-610,018 |
3,156,665 | ||||
|
|
|
|
|
|
|
|
| ||||
|
Earnings before taxes |
|
182,084 |
36,132 |
4,129 |
-173,233 |
-24,811 |
24,301 | ||||
|
|
|
|
|
|
|
|
| ||||
|
Financial income |
|
22,820 |
4,345 |
32,008 |
9,097 |
-27,834 |
40,436 | ||||
|
Financial expense |
|
-31,273 |
-22,536 |
-29,611 |
-179,603 |
24,878 |
-238,145 | ||||
|
= Financial result |
|
-8,453 |
-18,191 |
2,397 |
-170,506 |
-2,956 |
-197,709 | ||||
|
|
|
|
|
|
|
|
| ||||
|
EBIT |
|
190,537 |
54,323 |
1,732 |
-2,727 |
-21,855 |
222,010 | ||||
|
|
|
|
|
|
|
|
| ||||
|
+ Non-recurring items |
|
-10,106 |
6,120 |
– |
15,920 |
– |
11,934 | ||||
|
+ KION acquisition items |
|
20,202 |
4,512 |
– |
945 |
– |
25,659 | ||||
|
|
|
|
|
|
|
|
| ||||
|
= Adjusted EBIT |
|
200,633 |
64,955 |
1,732 |
14,138 |
-21,855 |
259,603 | ||||
|
|
|
|
|
|
|
|
| ||||
|
Segment assets |
|
4,238,729 |
1,972,753 |
797,831 |
545,100 |
-1,716,407 |
5,838,006 | ||||
|
Segment liabilities |
|
1,394,703 |
952,021 |
758,702 |
4,833,873 |
-1,668,269 |
6,271,030 | ||||
|
Carrying amount of equity investments |
|
32,062 |
4,659 |
– |
– |
– |
36,721 | ||||
|
Capital expenditures* |
|
45,426 |
23,728 |
– |
9,922 |
– |
79,076 | ||||
|
Depreciation** |
|
123,781 |
70,725 |
51,410 |
11,293 |
-13,278 |
243,931 | ||||