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AGV

Abbreviation for “Automated Guided Vehicle“. Diesel-electric transport vehicle for containers for use in container terminals. All functions of the vehicle and its navigation around the terminal are fully automated; the vehicle is guided by a master management system.

ASC

Abbreviation for “Automated Stacking Crane“. Crane for use in the stack area of container terminals. All functions are controlled automatically by a master software system.

Battery AGV

AGV Automated Guided Vehicle which does not use a diesel-electric drive train but instead is battery driven and, as a result, produces zero exhaust gas emissions and enables noise pollution to be significantly reduced.

Cash Flow Statement

The cash flow statement illustrates flows of cash and cash equivalents during a financial year, broken down into cash flows from operating activities, cash flows from investing activities and cash flows from financing activities.

Container

Standardised unit load in international cargo handling.

Corporate Governance

Corporate Governance refers to the legal and practical framework for managing and monitoring companies. Corporate Governance regulations serve to offer greater transparency, thereby increasing confidence in responsible company management and supervision oriented toward added value.

Deferred Tax Assets and Liabilities

Deferred tax assets and liabilities are based on limited-time differences in the methods of balancing of accounts according to the International Financial Reporting Standards and the corresponding national tax law (so-called temporary differences). If, in the financial statements in line with IFRS, assets are stated at a lower (higher) level or liabilities at a higher (lower) level than in the tax balance sheet of the respective Group company, the future tax relief that arises from this must be recorded as deferred tax asset (liability). Deferred tax assets can also be recorded as tax loss carryforwards. Deferred tax assets are value-adjusted if it seems unlikely that the corresponding level of tax receivables will arise.

Earnings Per Share

Earnings per share is the ratio of the consolidated profit or loss for the year to the average number of shares issued. For diluted earnings per share, the number of shares and the consolidated profit or loss for the year are adjusted by the dilutive effects of any subscription rights that have been or can still be exercised. Subscription rights arise in connection with issues of convertible debentures and share options.

EBIT

Earnings before interest and tax.

EBT

Earnings before tax.

Industrial Crane

Generic term for Standard and Process Cranes, rope and chain hoists and the crane construction kit system.

KBK Crane Construction Kit

Modular crane and monorail system made of standardised components, which are used in order to build tailor-made transports solutions, suitable for linear as well as crane typical area-serving transport.

Process Crane

High-performance cranes optimised to meet specific application requirements offering high operating reliability and maximum availability. Fully automated operation possible.

Rope Hoist

Standardised hoist with one or more ropes as load-supporting means, mostly used in Standard or Process Cranes.

Segment Reporting

Segment reporting is financial information based on the consolidated financial statements, reported by business segment and region.