The segment Corporate and Other includes corporate overhead costs incurred by Group holding companies, financial result, taxes and certain exceptional items that are not allocated to specific divisions.
Transaction costs of EUR 23.7 million booked in the first quarter for the acquisition of Millipore have been reclassified to the new division Merck Millipore.
The exceptional items relate to the former capital gain from the divestments of the Electronical Chemicals business in 2005 and are reimbursements of subsequent taxes to the buyer BASF for which Merck had remained accountablE. Merck also booked the capital gain at that time under exceptional items.
|
Corporate and Other | Key figures |
|
XLS | ||
|
|
|
|
|
|
|
EUR million |
2nd quarter |
Change |
Jan.–June |
Change |
|
Total revenues |
– |
– |
– |
– |
|
Gross margin |
– |
– |
– |
– |
|
Research and development |
–0.1 |
– |
– |
– |
|
Operating result |
2.0 |
– |
–49.5 |
15.4 |
|
Exceptional items |
–1.2 |
– |
–1.2 |
– |
|
Free cash flow |
–76.2 |
–59.0 |
–196.7 |
–27.3 |
|
Underlying free cash flow |
–72.7 |
–60.9 |
–181.3 |
–33.0 |