Fundamentals of the quarterly statement
The accounting policies used in this quarterly statement are fundamentally the same as those used for the year ended 31 December 2016. The reporting currency is the euro. The segment information is based on the new internal management structure of the KION Group presented in the 2016 annual report, which is broken down into the Industrial Trucks & Services, Supply Chain Solutions and Corporate Services segments. The figures reported for the prior-year period (Q1 2016) relating to the Group and the Supply Chain Solutions segment exclude Dematic, which was acquired on 1 November 2016.