mdg-annual-report-2013

MEDIGENE AG ANNUAL REPORT 2013 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 111SEGMENT REPORTING BY BUSINESS UNITSIN € K2013MARKETEDPRODUCTSDRUGCANDIDATESTOTALSEGMENTSRECON-CILIATION 1)ADUSTMENTSDISCONTINUEDOPERATIONRevenue with external customers 4,209 0 4,209 0 0 4,209Other income 2,525 851 3,376 7 0 3,383Inter-segment sales 2) 307 0 307 -307 0 0Total revenue 7,041 851 7,892 -300 0 7,592TOTALSegment operating result 3) -260 -8,461 -8,721 -300 0 -9,021Depreciation and amortisation -1 -571 -572 -179 -751Share of result of an associate 0 0 0 -102 -102AssetsInvestment in an associate 0 0 0 2,513 2,513Segment investments 4) 0 0 0 142 142Segment assets 5) 4,409 29,170 33,579 19,076 52,655Segment liabilities 6) 0 358 358 16,021 16,3792012Revenue with external customers 8,384 0 8,384 0 -5,000 3,384Other income 2,518 5 2,523 409 -32 2,900Inter-segment sales 2) 336 0 336 -336 0 0Total revenue 11,238 5 11,243 73 -5,032 6,284Segment operating result 3) 5,718 -17,156 -11,438 16 -5,018 -16,440Depreciation and amortisation 0 -693 -693 -154 -847Share of result of an associate 0 0 0 -59 -59AssetsInvestment in an associate 0 0 0 2,727 2,727Segment investments 4) 6 55 61 209 270Segment assets 5) 3,344 29,581 32,925 28,330 61,255Segment liabilities 6) 68 304 372 16,716 17,0881) Segment »Reconciliation« includes information that can be allocated to neither the »Marketed Products« segment nor the »Drug Candidates« segment, as it does not depictany activity of its own.2) Inter-segment sales are eliminated for consolidation purposes.3) Segment operating result does not include any interest income (2013: €24 k; 2012: €55 k), any interest expense (2013: €1,577 k; 2012: €1,260 k), foreign exchange gains(2013: €412 k; 2012: €689 k), or any share of loss of an associate (2013: €102 k; 2012: €59 k). Segment operating result includes gains from inter-segment sales (2013: €307 k;2012: €336 k).4) Segment investments relate to additions to property, plant and equipment and intangible assets.5) Segment assets under »Reconciliation« include in part non-current assets (2013: €7,222 k; 2012: €7,601 k), cash and cash equivalents (2013: €10,166 k; 2012: €20,113 k), andother current assets (2013: €1,688 k; 2012: €616 k).6) Segment liabilities under »Reconciliation« include non-current liabilities (2013: €10,951 k; 2012: €12467 k), trade accounts payable and other liabilities (2013: €5,070 k; 2012:€3,607 k) and tax liabilities (2013: €0; 2012: €642 k).