4. Presentation Changes in the Balance Sheet and Income Statement
To enhance clarity of presentation, Demag Cranes AG has applied a small number of classification changes in the balance sheet and the income statement. These result in a minor redistribution between the items referred to in the following. The presentation changes have no effect on net income after tax or earnings per share.
Balance Sheet
The reclassifications on the balance sheet relate to the delineation of financial and non-financial assets. The distinctions applied facilitate reconciliation with the disclosures for financial instruments (IFRS 7).
|
30 September |
|||
|
in EUR thousand |
2008 as reported |
Adjustment |
2008 restated |
|
Other current financial receivables |
853 |
–853 |
– |
|
Other financial assets (current) |
– |
1,977 |
1,977 |
|
Other current assets |
23,349 |
–23,349 |
– |
|
Other non-financial assets (current) |
– |
22,225 |
22,225 |
|
Reclassification |
24,202 |
– |
24,202 |
|
Non-current interest-bearing loans and borrowings |
104,255 |
–104,255 |
– |
|
Non-current interest-bearing loans and borrowings |
105,593 |
–105,593 |
– |
|
Unamortised debt issuance cost |
–1,339 |
1,339 |
– |
|
Loans and borrowings (non-current) |
– |
104,255 |
104,255 |
|
Reclassification |
104,255 |
– |
104,255 |
|
Current interest-bearing loans and current maturities of long-term debt |
3,655 |
–3,655 |
– |
|
Loans and borrowings (current) |
– |
3,655 |
3,655 |
|
Reclassification |
3,655 |
– |
3,655 |
|
Other current liabilities |
121,452 |
–121,452 |
– |
|
Other financial liabilities (current) |
– |
49,882 |
49,882 |
|
Other non-financial liabilities (current) |
– |
71,570 |
71,570 |
|
Reclassification |
121,452 |
– |
121,452 |
Income Statement
The ‘other operating income/expenses, net’ and ‘interest and similar income/expenses, net’ items have been separated out into non-net items.
|
1 October to 30 September |
|||
|
in EUR thousand |
2007/2008 as reported |
Adjustment |
2007/2008 restated |
|
Other operating income/expenses, net |
5,937 |
–5,937 |
– |
|
Other operating income |
– |
26,584 |
26,584 |
|
Other operating expenses |
– |
–20,648 |
–20,648 |
|
Reclassification |
5,937 |
– |
5,937 |
|
Interest and similar income/expenses, net |
–12,005 |
12,005 |
– |
|
Interest and similar income |
– |
7,549 |
7,549 |
|
Interest and similar expenses |
– |
–19,554 |
–19,554 |
|
Reclassification |
–12,005 |
– |
–12,005 |
