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Reconciliation for the organic development of key figures for the prior-year perioda, b

For the organic presentation of figures, prior-period comparatives are adjusted for the effects of changes in the composition of the Group, exchange rate effects, and other effects. This improves the informative value of the prior-year comparatives by taking account of changes to the company’s structure or exchange rates.

millions of €

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Reconciliation to organic figures

Organic change

 

 

 

 

 

 

 

 

 

 

 

Q1 2023

Q1 2022

Change

Change
%

Recon­ciliation Q1 2022

Of which: exchange rate effects

Organic Q1 2022

Change

Change
%

Net revenue

27,839

27,746

93

0.3

234

798

27,980

(141)

(0.5)

Germany

6,141

5,963

178

3.0

42

0

6,005

135

2.3

United States

18,262

17,880

382

2.1

817

817

18,697

(435)

(2.3)

Europe

2,784

2,682

102

3.8

(26)

(23)

2,655

129

4.9

Systems Solutions

946

927

19

2.0

(21)

4

906

41

4.5

Group Development

102

825

(723)

(87.6)

(727)

0

98

4

4.2

Group Headquarters & Group Services

578

604

(26)

(4.3)

12

0

616

(38)

(6.1)

EBITDA AL

22,364

11,087

11,277

n.a.

(939)

218

10,148

12,217

n.a.

Germany

2,385

4,015

(1,630)

(40.6)

20

0

4,035

(1,650)

(40.9)

United States

6,173

4,914

1,259

25.6

227

227

5,141

1,032

20.1

Europe

978

975

3

0.3

(5)

(6)

970

8

0.8

Systems Solutions

49

39

10

25.6

3

0

42

8

18.3

Group Development

13,006

1,224

11,782

n.a.

(1,176)

0

48

12,958

n.a.

Group Headquarters & Group Services

(218)

(72)

(146)

n.a.

(11)

(5)

(83)

(135)

n.a.

EBITDA AL (adjusted for special factors)

9,963

9,873

90

0.9

(10)

278

9,862

101

1.0

Germany

2,489

2,393

96

4.0

21

1

2,414

74

3.1

United States

6,536

6,172

364

5.9

283

283

6,455

81

1.3

Europe

983

976

7

0.7

(5)

(5)

971

12

1.2

Systems Solutions

75

68

7

10.3

4

1

72

3

4.6

Group Development

65

356

(291)

(81.7)

(306)

0

49

16

32.0

Group Headquarters & Group Services

(176)

(85)

(91)

n.a.

(9)

(3)

(94)

(82)

(87.5)

a

The GD Towers business entity, which operated the cell tower business in Germany and Austria and was assigned to the Group Development operating segment, was recognized as a discontinued operation in the interim consolidated financial statements from the third quarter of 2022 until its sale on February 1, 2023. In accordance with the management approach, we present this reconciliation including the contributions by GD Towers under the Group Development operating segment. For information on the sale of GD Towers, please refer to the section “Group organization, strategy, and management” in the interim Group management report and the section “Changes in the composition of the Group and other transactions” in the interim consolidated financial statements.

b

As of the third quarter of 2022 the principal/agent consideration regarding the recognition of gross and net revenues was changed. Prior-year comparatives were adjusted retrospectively.