Corporate and Other | Key figures |
[ XLS ] |
||
|
|
|
|
€ million |
2007 |
2006 |
Δ in % |
Total revenues |
29 |
34 |
–13 |
Gross margin |
2.5 |
2.9 |
–15 |
R&D |
– |
–0.1 |
– |
Operating result |
–72 |
–60 |
19 |
Exceptional items |
–32 |
289 |
– |
Free cash flow (FCF) |
–406 |
–234 |
74 |
Free cash flow adjusted for acquisitions and disposals |
–406 |
–224 |
81 |
The segment Corporate and Other comprises Group administrative costs with respect to holding companies, taxes as well as certain exceptional items not assigned to the individual divisions. As of 2007, the financial result of €–311 million is reported in full in the segment Corporate and Other. Due to high interest expenses, free cash flow of €–406 million was markedly lower than the previous year’s figure of €–234 million (adjusted).
The operating result of the segment Corporate and Other totaled €–72 million in 2007 as compared with €–60 million in 2006.
