Other
Sales in Other amounted to €3,220 million, €1,148 million below the prior-year figure. The decline in sales was mainly due to lower sales in both commodity and energy trading.
EBIT before special items in Other improved by €135 million to -€614 million. This was mainly driven by higher contributions from other businesses compared with the previous year as well as lower expenses in connection with corporate research and the corporate headquarters.
EBIT decreased by €256 million compared with 2022 to -€778 million. This was primarily due to special income in 2022 attributable to the partial divestiture of the interest in the Hollandse Kust Zuid wind farm.
|
2023 |
2022 |
+/– |
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|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Sales |
3,220 |
4,368 |
–26.3% |
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Income from operations before depreciation, amortization and special items |
–466 |
–594 |
21.5% |
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Income from operations before depreciation and amortization (EBITDA) |
–626 |
–368 |
–70.1% |
|||||||||||||
Depreciation and amortizationb |
153 |
155 |
–1.4% |
|||||||||||||
Income from operations (EBIT) |
–778 |
–523 |
–48.9% |
|||||||||||||
Special items |
–164 |
226 |
. |
|||||||||||||
EBIT before special items |
–614 |
–749 |
18.0% |
|||||||||||||
| of which costs for cross-divisional corporate research | –242 |
–325 |
25.5% |
|||||||||||||
costs of corporate headquarters |
–222 |
–258 |
14.0% |
|||||||||||||
other businesses |
83 |
–43 |
. |
|||||||||||||
foreign currency results, hedging and other measurement effects |
–29 |
33 |
. |
|||||||||||||
miscellaneous income and expenses |
–204 |
–156 |
–30.8% |
|||||||||||||
Investments including acquisitionsc |
195 |
268 |
–27.1% |
|||||||||||||
Assetsd |
14,393 |
16,803 |
–14.3% |
|||||||||||||
Research and development expenses |
356 |
381 |
–6.4% |
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|
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