Segment information is provided on the basis of the business segments for internal reporting purposes. Segmentation according to the Technology and Services Divisions is performed in agreement with the internal reporting structure of the technotrans Group.
The Technology segment generates revenue through sales of equipment in the areas of liquid technology and laser technology. The Services segment generates revenue through after-sales service activities, installation, maintenance, servicing and the supplying of spare parts, as well as through compiling technical documentation and producing and selling software for the compilation of documentation. The revenue generated by gds-Sprachenwelt GmbH from translation services is equally allocated to the Services segment.
The revenue amounting to € 112,371 thousand (2013: € 105,207 thousand) comprises € 61,910 thousand (2013: € 57,225 thousand) generated in Germany and € 50,461 thousand (2013: € 47,982 thousand) generated internationally. Revenue is classified on the basis of the domicile of the customer with which the revenue is realised.
The non-current assets allocable to the segments amounting to € 25,265 thousand (2013: € 26,889 thousand) can be broken down by region as follows: Germany € 24,245 thousand (2013: € 25,894 thousand) and international € 1,020 thousand (2013: € 995 thousand).
The Segment Report itself is presented at the start of the Notes to the Consolidated Financial Statements.
The delivery prices for transactions between the segments are generally agreed on the same basis as transactions between a group company and a third party.
The Segment Report provides an analysis of earnings figures, assets and other key values. The segment information comprises both directly allocable amounts and amounts that can reasonably be split. The assets are distributed among those segments, the corresponding expenses and income for which likewise influence the segment result. The assets of € 19,299 thousand not allocated to the individual areas therefore refer to cash and cash equivalents (€ 17,238 thousand), deferred tax assets (€ 1,493 thousand), current and non-current income tax receivable (€ 535 thousand), and other assets (€ 33 thousand).
No reconciliation between the segment and consolidated data is required, as the figures in the segment information coincide with those in the Consolidated Income Statement, Balance Sheet and Cash Flow Statement. The result for the segments corresponds to the earnings before interest and taxes (EBIT) in the Income Statement. The accumulated result for both segments of € 6,830 thousand, reduced by the net finance costs reported in the Income Statement of € -567 thousand, produces the accounting profit (€ 6,263 thousand).
Within the group’s total revenues, one customer of the Technology and Services group segments brings in revenue of over € 22 million.