Non-recurring Items

In the 2017 reporting period, the non-recurring items eliminated in the adjusted EBITDA as a whole came to € 75.9 million, up 8.0% on the prior-year value of € 70.3 million in the first nine months of 2016. This is mainly due to higher expenses for business area optimization/the development of new fields of business, and to higher acquisition and integration costs associated with the takeover of conwert.

Non-recurring Items

in € million

 

9M 2017

 

9M 2016

 

Change in %

 

12M 2016

 

 

 

 

 

 

 

 

 

*

Including takeover costs and one-time expenses in connection with acquisitions, such as HR measures relating to the integration process. Figures for the previous year shown in line with the current reporting structure for 2017

Business model optimization/development of new fields of business

 

24.2

 

14.0

 

72.9

 

19.5

Acquisition costs incl. integration costs*

 

39.9

 

33.9

 

17.7

 

48.3

Refinancing and equity measures

 

1.3

 

2.2

 

-40.9

 

3.2

Severance payments/pre-retirement part-time work arrangements

 

10.5

 

20.2

 

-48.0

 

23.5

Total non-recurring items

 

75.9

 

70.3

 

8.0

 

94.5