Notes to the Consolidated Statement of Income

(29) Sales

2020

Process Technologies

Environmental
Technologies

Evolving Technologies

Non-Core Business

Recon-
ciliation

Total

Total segment sales

50,883

110,312

104,935

43,645

-2,774

307,001

Intercompany sales

185

2

2,369

218

-2,774

0

Sales with external customers

50,698

110,310

102,566

43,427

0

307,001

Timing of revenue recognition

At a certain time

32,057

73,011

24,663

16,267

0

145,998

Over a period of time

18,641

37,300

77,903

27,159

0

161,003

Timing of revenue recognition

Germany

20,660

10,767

47,572

6,440

0

85,439

Other EU countries

14,725

34,405

13,636

13,221

0

75,987

North America

5,585

47,966

24,480

3,346

0

81,377

China

6,645

0

4,495

13,460

0

24,600

Rest of the world

3,083

17,172

12,383

6,960

0

39,598

Intercompany sales

185

2

2,369

218

-2,774

0

2019

Process Technologies

Environ-
mental Technologies

Evolving Technologies

Non-Core Business

Recon-
ciliation

Total

Total segment sales

73,377

127,637

136,213

89,806

-1,546

425,488

Intercompany sales

54

4

1,296

199

-1,552

0

Sales with external customers

73,323

127,633

134,918

89,608

6

425,488

Timing of revenue recognition

At a certain time

54,443

74,818

47,990

42,813

6

220,070

Over a period of time

18,880

52,815

86,927

46,795

0

205,417

Timing of revenue recognition

Germany

26,739

21,618

92,752

15,574

6

156,689

Other EU countries

20,321

39,277

22,184

34,569

0

116,351

North America

10,863

56,990

4,648

-932

0

71,569

China

12,080

0

1,394

-4,068

0

9,406

Rest of the world

3,321

9,748

13,939

44,464

0

71,472

Intercompany sales

54

4

1,296

199

-1,552

0

(30) Other operating income

in kEUR

2020

2019

Income from the release of provisions

3,536

3,623

Income from the reduction of value adjustments

2,750

1,090

Income from the intended use of personnel-related liabilities

1,578

751

Income from currency differences

1,795

668

Income from grants

851

0

Income from damages

438

141

Income from the derecognition of liabilities

435

0

Income from the disposal of property, plant and equipment

115

185

Other

2,595

4,665

Total

14,094

11,123

(31) Cost of materials

in kEUR

2020

2019

Cost of goods purchased

109,138

154,679

Cost of services purchased

27,741

48,026

Total

136,880

202,705

(32) Personnel expenses

in kEUR

2020

2019

Salaries and wages

102,155

118,078

Social security contributions

19,063

21,047

- of which expenses for pensions and benefits

913

1,177

Summe

121,218

139,125

Average number of employees excluding trainees

2020

2019

Wage-earners

501

645

Salaried employees

1,160

1,170

Total

1,661

1,815

(33) Depreciation, amortization and write-downs

in kEUR

2020

2019

On intangible assets

6,634

4,116

On right-of-use assets

6,341

3,834

On other property, plant and equipment

3,277

2,976

On goodwill

7,628

2,676

On buildings, leasehold improvements and outside facilities

1,269

1,307

- in the above write-downs from purchase price allocations

349

1,189

Total

25,150

14,908

(34) Other operating expenses

in kEUR

2020

2019

Legal and consultancy fees

6,955

10,209

Outbound freight expenses

3,592

4,232

Travel expenses

3,501

6,850

Maintenance expenses

3,235

4,314

Postage, telephone and IT expenses

2,645

2,859

Expenses from currency effects

2,199

1,249

Personnel expenses (incl. training)

2,086

3,942

Expenses for individual and general bad-debt allowances

1,851

988

Insurance expenses

1,705

1,446

Utility expenses

1,691

1,680

Advertising expenses

1,593

1,792

Sales commissions

1,533

1,937

Warranty expenses

1,457

5,205

Contributions and fees

972

420

Packaging material

731

1,153

Tools

672

877

Other miscellaneous expenses

12,048

20,292

Total

48,466

69,444

(35) Financial result

in kEUR

2020

2019

Interest income

354

744

Depreciation on loans

-1,617

-9,867

Other financial expenses

0

-4,538

Interest expense

-7,775

-4,451

Interest result

-9,038

-18,111

in kEUR

2020

2019

Financial assets and liabilities measured at fair value through profit and loss

187

55

Loans, receivables and payables

-35

-939

(36) Income taxes

in kEUR

2020

2019

Current income taxes

-3,194

-3,108

Taxes relating to other periods

-32

373

Deferred taxes

5,423

1,581

– thereof taxes from losses carried forward

2,129

-4,481

Total

2,197

-1,154

in kEUR

2020

2019

Earnings before taxes

-28,531

-34,323

Group income tax rate

31.17%

28.08%

Calculated income tax expense

-8,893

-10,361

Differences from tax rates

-181

-14

Divergent tax burdens (country-specific features)

19

123

Tax Credits

-254

-357

Deductable income taxes

424

-132

Impairment of goodwill

2,252

808

Deviations in tax base (tax balance sheets)

51

-311

Tax-free income

-405

-100

Non-deductable expenses

2,990

5,060

Impairment / Non-recognition of deferred tax assets for losses carried forward

1,290

6,641

Usage of losses carried forward

150

-204

Impairment / Non-recognition of deferred tax assets

25

74

Taxes relating to other periods / Adjustment of prior years' deferred taxes

118

-288

Non-recognition of deferred taxes related to IFRS 16

351

39

Taxes to be borne by third parties

-25

-2

Differences in current year's tax calculation

-53

76

Consolidation effects

0

115

Others

-57

-12

Income taxes

2,197

-1,154

Effective tax rate

-7.70 %

3.36 %

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