OFFERING MEMORANDUM Global Offering of up to ... - Nordex

(6.7) Amortization/depreciation
1999/00 E3,725,019.82
1998/99 E2,096,032.78
1997/98 E862,057.71
1999/00 1998/99 1997/98
E E E
Intangible assets 1,377,556.82 644,461.56 206,648.27
Land and buildings 151,013.11 41,220.03 36,203.32
Production plant and machinery 912,682.75 532,375.89 315,792.79
Other plant, factory and office equipment 1,283,767.14 877,975.30 303,413.33
3,725,019.82 2,096,032.78 862,057.71
As required by IAS 36, write-down to the recoverable amount was charged at E30,297.37 to land and
buildings in fiscal 1999/2000.
(6.8) Other operating expenses
1999/00 E32,242,773.24
1998/99 E20,088,169.96
1997/98 E9,885,015.53
1999/00 1998/99 1997/98
E E E
Outside and support services 4,292,133.11 369,042.37 435,357.63
Insurance 2,558,146.31 1,307,131.64 309,499.40
Travel 2,656,453.03 1,609,135.01 654,417.67
Maintenance 1,983,008.01 135,508.41 167,011.05
Legal, consultancy and auditing 1,609,578.48 340,828.05 175,530.14
Commissions 2,904,614.03 5,328,648.72 3,225,518.99
Equipment leases 1,445,024.30 420,855.25 170,350.15
Costs allocated 1,463,067.93 875,306.76 303,194.35
Postage, phone, telex 1,014,245.42 429,314.35 279,439.85
Rents 1,161,752.12 484,072.12 355,038.92
Allocations by Babcock Borsig Group companies 755,527.32 848,325.58 281,210.53
Leasing rights 741,440.32 0.00 0.00
Foreign exchange losses on receivables and payables 512,567.10 107,222.74 18,781.38
Advertising 907,078.42 2,393,913.55 547,565.13
Pro forma expenses of Taifun AG 2,690,000.00 2,387,000.00 1,882,000.00
Receivables written off/down 422,102.06 207,039.08 135,767.25
Losses on fixed-asset disposal 41,663.15 206,799.74 31,861.37
Remaining items 5,084,372.13 2,638,026.59 912,471.72
32,242,773.24 20,088,169.96 9,885,015.53
F-23