Segment report

The Executive Board, as the chief operating decision-maker (CODM), manages the KION Group on the basis of the following segments: Industrial Trucks & Services, Supply Chain Solutions and Corporate Services. Segment reporting therefore takes into account the organisational and strategic focus of the KION Group.

The KPIs used to manage the segments are order intake, revenue and adjusted EBIT. Segment reporting therefore includes a reconciliation of externally reported consolidated earnings before interest and tax (EBIT) – including effects from purchase price allocations and non-recurring items – to the adjusted EBIT for the segments.

The following tables show information on the KION Group’s operating segments for the second quarter of 2019 and 2018 and for the first half of 2019 and 2018. > TABLES 30 – 33

Segment report Q2 2019

Segment report Q2 2019

30

in € million

Industrial Trucks & Services

Supply Chain Solutions

Corporate Services

Consoli­dation / Reconci­liation

Total

1

Capital expenditure including capitalised development costs, excluding right-of-use assets

2

On intangible assets and property, plant and equipment (excluding right-of-use assets and PPA items)

Revenue from external customers

1,635.8

641.2

3.8

–

2,280.7

Intersegment revenue

2.4

0.9

73.1

–76.4

–

Total revenue

1,638.2

642.0

76.9

–76.4

2,280.7

Earnings before taxes

163.4

32.0

103.0

–123.6

174.8

Net financial expenses

–14.4

–7.0

–4.3

–

–25.7

EBIT

177.8

39.0

107.4

–123.6

200.6

+ Non-recurring items

–0.2

3.5

0.1

–

3.4

+ PPA items

0.2

21.1

0.0

–

21.3

= Adjusted EBIT

177.7

63.6

107.5

–123.6

225.2

Capital expenditure1

42.1

10.8

4.5

–

57.4

Amortisation and depreciation2

28.8

9.3

4.2

–

42.3

Order intake

1,573.2

506.0

76.9

–77.6

2,078.6

Segment report Q2 2018

Segment report Q2 2018

31

in € million

Industrial Trucks & Services

Supply Chain Solutions

Corporate Services

Consoli­dation / Reconci­liation

Total

1

Capital expenditure including capitalised development costs, excluding right-of-use assets

2

On intangible assets and property, plant and equipment (excluding right-of-use assets and PPA items)

Revenue from external customers

1,447.2

577.8

6.2

–

2,031.1

Intersegment revenue

2.4

1.0

68.8

–72.2

–

Total revenue

1,449.6

578.8

74.9

–72.2

2,031.1

Earnings before taxes

120.2

16.9

78.6

–98.7

117.0

Net financial expenses

–16.0

–2.4

–6.7

–

–25.1

EBIT

136.1

19.4

85.3

–98.7

142.1

+ Non-recurring items

1.1

2.3

0.6

–

4.0

+ PPA items

11.0

29.8

0.0

–

40.9

= Adjusted EBIT

148.2

51.5

85.9

–98.7

187.0

Capital expenditure1

41.6

11.4

1.9

–

55.0

Amortisation and depreciation2

28.4

7.0

3.9

–

39.2

Order intake

1,546.5

874.2

74.9

–71.6

2,424.0

Segment report Q1 – Q2 2019

Segment report Q1 – Q2 2019

32

in € million

Industrial Trucks & Services

Supply Chain Solutions

Corporate Services

Consoli­dation / Reconci­liation

Total

1

Capital expenditure including capitalised development costs, excluding right-of-use assets

2

On intangible assets and property, plant and equipment (excluding right-of-use assets and PPA items)

3

Number of employees (full-time equivalents) as at 30/06/2019; allocation according to the contractual relationships

Revenue from external customers

3,143.6

1,209.6

11.0

–

4,364.1

Intersegment revenue

3.2

1.3

145.9

–150.4

–

Total revenue

3,146.8

1,210.9

156.9

–150.4

4,364.1

Earnings before taxes

298.8

51.4

82.1

–123.5

308.8

Net financial expenses

–27.5

–12.4

–10.6

–

–50.5

EBIT

326.3

63.9

92.7

–123.5

359.3

+ Non-recurring items

–0.2

4.6

0.2

–

4.6

+ PPA items

0.4

43.4

0.0

–

43.8

= Adjusted EBIT

326.5

111.8

92.8

–123.5

407.6

Segment assets

10,018.8

4,940.6

1,763.3

–3,178.7

13,544.0

Segment liabilities

7,177.0

2,050.5

4,202.0

–3,185.9

10,243.5

Capital expenditure1

85.5

19.3

8.2

–

113.0

Amortisation and depreciation2

57.3

18.1

8.3

–

83.7

Order intake

3,083.7

1,108.9

156.9

–152.7

4,196.8

Number of employees3

25,753

7,178

809

–

33,740

Segment report Q1 – Q2 2018

Segment report Q1 – Q2 2018

33

in € million

Industrial Trucks & Services

Supply Chain Solutions

Corporate Services

Consoli­dation / Reconci­liation

Total

1

Capital expenditure including capitalised development costs, excluding right-of-use assets

2

On intangible assets and property, plant and equipment (excluding right-of-use assets and PPA items)

3

Number of employees (full-time equivalents) as at 30/06/2018; allocation according to the contractual relationships

Revenue from external customers

2,814.9

1,047.6

12.0

–

3,874.4

Intersegment revenue

3.5

1.9

139.0

–144.4

–

Total revenue

2,818.3

1,049.5

151.0

–144.4

3,874.4

Earnings before taxes

242.9

11.3

58.6

–98.7

214.1

Net financial expenses

–30.3

–10.0

–13.6

–

–53.9

EBIT

273.2

21.3

72.2

–98.7

268.0

+ Non-recurring items

–0.3

2.6

0.8

–

3.0

+ PPA items

11.3

62.6

0.0

–

73.9

= Adjusted EBIT

284.2

86.5

72.9

–98.7

344.9

Segment assets

9,173.3

4,735.5

1,743.7

–2,931.8

12,720.7

Segment liabilities

6,377.9

1,947.6

4,288.2

–2,939.9

9,673.8

Capital expenditure1

78.0

22.3

3.7

–

103.9

Amortisation and depreciation2

56.0

13.4

7.7

–

77.1

Order intake

3,031.6

1,270.4

151.0

–144.0

4,309.0

Number of employees3

24,731

6,851

727

–

32,309