[7] Revenue
> TABLE 057 contains the product categories identified as material to the KION Group’s financial performance and the timing of revenue recognition for each of these categories.
Timing of revenue recognition with third parties |
057 |
|
Product category |
Business model |
Timing of revenue recognition |
Industrial Trucks & Services |
|
|
New business |
Sale of industrial trucks |
At a point in time |
Direct and indirect leasing business (in both cases where classified as finance leases) |
At a point in time |
|
Aftersales |
Supply of spare parts |
At a point in time |
Individual orders for repairs and maintenance work |
At a point in time |
|
(Full) service contracts |
Over a period of time |
|
Rental business |
Direct long-term rental business and indirect leasing business (in both cases where classified as operating leases) |
Over a period of time |
Short-term rental business |
Over a period of time |
|
Fleet management |
Over a period of time |
|
Used trucks |
Sale of used industrial trucks |
At a point in time |
Other |
Various business models, currently categorised as not material to the financial performance of the KION Group in the IT&S segment |
Mainly at a point in time |
Supply Chain Solutions |
|
|
Business solutions |
Project business |
Over a period of time |
Service business |
Modernisations and upgrades |
Over a period of time |
Spare parts business |
At a point in time |
|
Various business models, currently categorised as not material to the financial performance of the KION Group in the SCS segment |
Mainly over a period of time |
|
Corporate Services |
|
|
|
Services |
Mainly at a point in time |
> TABLES 058 – 059 show revenue from contracts with customers, broken down by sales region, product category, timing of revenue recognition and segment.
Disaggregation of revenues with third parties |
058 |
|||
|
2018 |
|||
in € million |
Industrial Trucks & Services |
Supply Chain Solutions |
Corporate Services |
Total |
Western Europe |
4,287.5 |
459.2 |
23.2 |
4,769.9 |
Eastern Europe |
561.9 |
27.1 |
3.4 |
592.3 |
Middle East and Africa |
80.0 |
14.4 |
0.1 |
94.5 |
North America |
138.6 |
1,347.7 |
0.0 |
1,486.3 |
Central and South America |
164.8 |
8.7 |
0.0 |
173.5 |
Asia-Pacific |
683.6 |
195.1 |
0.6 |
879.3 |
Total revenue |
5,916.3 |
2,052.1 |
27.3 |
7,995.7 |
|
|
|
|
|
New business |
3,009.1 |
|
|
3,009.1 |
Service business |
2,907.2 |
|
|
2,907.2 |
– Aftersales |
1,513.9 |
|
|
1,513.9 |
– Rental business |
900.1 |
|
|
900.1 |
– Used trucks |
327.8 |
|
|
327.8 |
– Other |
165.4 |
|
|
165.4 |
Business solutions |
|
1,514.0 |
|
1,514.0 |
Service business |
|
538.1 |
|
538.1 |
Corporate Services |
|
|
27.3 |
27.3 |
Total revenue |
5,916.3 |
2,052.1 |
27.3 |
7,995.7 |
|
|
|
|
|
Timing of revenue recognition |
|
|
|
|
Products and services transferred at a point in time |
4,524.8 |
237.3 |
20.9 |
4,783.0 |
Products and services transferred over a period of time |
1,391.5 |
1,814.8 |
6.4 |
3,212.7 |
Disaggregation of revenue with third parties |
059 |
|||||
|
2017* |
|||||
in € million |
Industrial Trucks & Services |
Supply Chain Solutions |
Corporate Services |
Total |
||
|
||||||
Western Europe |
4,013.5 |
532.6 |
21.0 |
4,567.1 |
||
Eastern Europe |
536.6 |
8.0 |
3.6 |
548.2 |
||
Middle East and Africa |
89.7 |
63.9 |
0.1 |
153.6 |
||
North America |
127.0 |
1,139.6 |
0.0 |
1,266.7 |
||
Central and South America |
157.9 |
5.1 |
0.0 |
163.1 |
||
Asia-Pacific |
643.5 |
255.8 |
0.1 |
899.3 |
||
Total revenue |
5,568.2 |
2,005.1 |
24.8 |
7,598.1 |
||
|
|
|
|
|
||
New business |
2,828.8 |
|
|
2,828.8 |
||
Service business |
2,739.5 |
|
|
2,739.5 |
||
– Aftersales |
1,429.5 |
|
|
1,429.5 |
||
– Rental business |
855.2 |
|
|
855.2 |
||
– Used trucks |
306.6 |
|
|
306.6 |
||
– Other |
148.3 |
|
|
148.3 |
||
Business solutions |
|
1,512.4 |
|
1,512.4 |
||
Service business |
|
492.7 |
|
492.7 |
||
Corporate Services |
|
|
24.8 |
24.8 |
||
Total revenue |
5,568.2 |
2,005.1 |
24.8 |
7,598.1 |
||
|
|
|
|
|
||
Timing of revenue recognition |
|
|
|
|
||
Products and services transferred at a point in time |
4,241.0 |
234.9 |
19.3 |
4,495.2 |
||
Products and services transferred over a period of time |
1,327.2 |
1,770.1 |
5.6 |
3,102.9 |
||
> TABLE 060 shows the revenue that is expected as a result of performance obligations in existence at the reporting date. This consists only of revenue from contracts with customers as defined by IFRS 15. In the Supply Chain Solutions segment, this revenue is generated by the project and service business. In the Industrial Trucks & Services segment, it is generated through aftersales (full-)service contracts with an expected original term of more than one year.
Expected future revenue from existing performance obligations |
060 |
|
in € million |
2018 |
2017 |
Total of expected future revenue from existing performance obligations |
2,728.9 |
2,342.8 |
due within one year |
1,837.9 |
1,523.6 |
due in one to two years |
506.8 |
366.2 |
due in two to three years |
179.6 |
255.4 |
due in three to four years |
113.1 |
104.4 |
due in four to five years |
54.7 |
58.6 |
due in more than five years |
36.9 |
34.6 |