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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
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
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.
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
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
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.
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