4. Financial information by segment
The Group’s reportable segments are Sustainable Forest Management Brazil, Sustainable Forest Management Gabon, Trading and Carbon & Energy.
For further details on the sharp increase in segment assets in Brazil, please refer to the 2019 Annual Report.
Operating segments – 30 June 2020
| in thousand EUR | Sustainable Forest Management Brazil |
Sustainable Forest Management Gabon |
Trading |
Carbon & Energy |
Other 1 |
Total 30 June 2020 |
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|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||||||
| Third parties | 5 551 | 15 774 | 1 384 | 65 | – | 22 774 | ||||||
| Intersegment | 301 | 15 | – | – | –316 | – | ||||||
| Associated and related parties | 352 | – | – | – | – | 352 | ||||||
| Total revenues | 6 204 | 15 789 | 1 384 | 65 | –316 | 23 126 | ||||||
| Profit/(loss) on sale of fixed assets and affiliates | 12 | – | – | – | – | 12 | ||||||
| Share of profit of associates | 185 | – | – | – | – | 185 | ||||||
| Earnings before interest, tax, depreciation and amortization (EBITDA) | 1 519 | 974 | –105 | 6 | –842 | 1 552 | ||||||
| Depreciation and amortization | –229 | –1 739 | – | – | –24 | –1 992 | ||||||
| Profit/(loss) from operating activities (EBIT) | 1 290 | –765 | –105 | 6 | –866 | –440 | ||||||
| Financial income and expenses | –185 | –1 050 | –6 | – | –28 | –1 269 | ||||||
| Earnings before tax (EBT) | –1 709 | |||||||||||
| Segment assets | 58 948 | 52 641 | 1 956 | 447 | –1 730 | 112 262 | ||||||
| Segment liabilities | 62 619 | 47 354 | 1 409 | 101 | –32 923 | 78 560 | ||||||
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1 The eliminations and adjustments consist of the inter- and intrasegment eliminations and the results from Precious Woods Holding Ltd, the Luxembourg entities and Precious Woods Management Ltd, which are not allocated to a specific segment.
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Operating segments – 30 June 2019
| in thousand EUR | Sustainable Forest Management Brazil |
Sustainable Forest Management Gabon |
Trading |
Carbon & Energy |
Other 1 |
Total 30 June 2019 |
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|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||||||
| Third parties | 5 788 | 13 781 | 2 701 | – | – | 22 270 | ||||||
| Intersegment | 74 | 43 | – | – | –117 | – | ||||||
| Associated and related parties | 435 | – | – | – | – | 435 | ||||||
| Total revenues | 6 297 | 13 824 | 2 701 | – | –117 | 22 705 | ||||||
| Profit/(loss) on sale of fixed assets and affiliates | 77 | 398 | – | – | – | 475 | ||||||
| Share of profit of associates | 144 | – | – | – | – | 144 | ||||||
| Earnings before interest, tax, depreciation and amortization (EBITDA) | 1 214 | 2 587 | 144 | 0 | –859 | 3 086 | ||||||
| Depreciation and amortization | –253 | –1 472 | – | – | –13 | –1 738 | ||||||
| Profit/(loss) from operating activities (EBIT) | 961 | 1 115 | 144 | 0 | –872 | 1 348 | ||||||
| Financial income and expenses | –317 | –902 | –4 | – | –94 | –1 317 | ||||||
| Earnings before tax (EBT) | 31 | |||||||||||
| Segment assets | 21 683 | 48 725 | 3 417 | 302 | –342 | 73 785 | ||||||
| Segment liabilities | 51 307 | 38 424 | 1 324 | 162 | –32 977 | 58 240 | ||||||
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1 The eliminations and adjustments consist of the intersegment eliminations and the results from Precious Woods Holding Ltd, the Luxembourg entities and Precious Woods Management Ltd, which are not allocated to a specific segment.
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Reconciliation of reportable segment profit or loss
| in thousand EUR | 30 June 2020 | 30 June 2019 | ||
|---|---|---|---|---|
| Total EBITDA for reportable segments | 2 208 | 3 801 | ||
| EBITDA Other | –842 | –859 | ||
| Share of profit/(losses) of associates | 185 | 144 | ||
| EBITDA | 1 552 | 3 086 | ||
| Depreciation, amortization and impairment | –1 992 | –1 738 | ||
| EBIT | –440 | 1 348 | ||
| Financial income and expenses | –1 269 | –1 317 | ||
| Earnings before tax | –1 709 | 31 |