|
Corporate and Other | Key figures |
XLS | ||
|
|
|
|
|
|
€ million |
2008 |
2007 |
Δ in % |
|
Total revenues |
6.6 |
29 |
–77 |
|
Gross margin |
–2.7 |
2.5 |
– |
|
R&D |
0 |
0 |
– |
|
Operating result |
–81 |
–72 |
– |
|
Exceptional items |
0 |
–32 |
– |
|
Free cash flow (FCF) |
–581 |
–406 |
– |
|
FCF before acquisitions and disposals |
–470 |
–406 |
– |
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. The operating result of the segment Corporate and Other totaled € –81 million in 2008 as compared with
€ –72 million in 2007. The financial result was € –156 million, which was much better than in 2007. Since 2007, the financial result has been reported in full in the segment Corporate and Other. Free cash flow declined to € –581 million; free cash flow adjusted for acquisitions and disposals was € –470 million as compared with € –406 million in 2007, mainly owing to high tax payments.