The key performance indicators (KPIs) reported pursuant to the EU Taxonomy Regulation (revenue, CapEx, and OpEx) are based on the figures given in United Internet AG’s consolidated financial statements. United Internet AG’s consolidated financial statements were prepared in accordance with the International Financial Reporting Standards (IFRSs) as adopted by the European Union (EU) and the relevant supplementary regulations set out section 315e (1) of the German Commercial Code (Handelsgesetzbuch – HGB).
See United Internet AG's consolidated financial statements
The revenue, CapEx, and OpEx identified as associated with Taxonomy-eligible activities and the total amounts used were agreed individually at Group level together with the overall category they belong to, allowing potential double-counting to be checked and prevented.
The EU Taxonomy Regulation defines turnover (revenue) as the revenue recognized pursuant to IAS 1.82(a). The “revenue” KPI disclosed for the United Internet Group represents the ratio of the revenue from Taxonomy-eligible economic activities to total revenue. The total revenue can be taken from the income statement in United Internet AG’s consolidated financial statements (see the table on page 153 in the “Explanations of items in the income statement– 5. Sales revenue/segment reporting” section).
The figure for CapEx is based on the additions to property, plant, and equipment and intangible assets during the fiscal year under review before depreciation, amortization, and any remeasurements; no adjustments are made to the fair values. It also includes the additions to property, plant, and equipment and intangible assets resulting from business combinations (application of IAS 16, 38, 40, and 41, and IFRS 16). Purchased goodwill is not included. The overall figure for capital expenditure used for the EU Taxonomy is disclosed in the consolidated financial statements under the “Explanations of items in the income statement– 5. Sales revenue/segment reporting” section; see the last column (“United Internet Group”) of the line item entitled “Investments in intangible assets and property, plant and equipment (without goodwill)” in the table on page 153.
The CapEx KPI determined for the United Internet Group represents the proportion of capital expenditure that is associated with Taxonomy-eligible economic activities or that relates to the purchase of products or services from Taxonomy-eligible economic activities enabling the target activities to become low-carbon or to lead to greenhouse gas reductions. The additions were allocated to the Taxonomy-eligible economic activities on the basis of the description above.
Operating expenditure covers the direct, non-capitalized costs that relate to research and development (R&D), building renovation measures, short-term leases, maintenance and repair, and any other direct expenditures relating to the day-to-day servicing of assets of property, plant, and equipment by the Company or third parties that are necessary to ensure the continued and effective functioning of such assets.
The United Internet Group’s OpEx KPI represents the proportion of operating expenditure (as defined by the EU Taxonomy) associated with Taxonomy-eligible economic activities or that relates to the purchase of products or services from Taxonomy-eligible economic activities. The Taxonomy-eligible proportion is determined by analyzing the accounts for building renovation measures, short-term leases, and maintenance and repair, and assigning them to the identified economic activities pursuant to the EU Taxonomy.
The majority of revenue from activity 8.1 is generated in the Business Applications Segment and covers hosting activities such as online date storage. In line with this, the associated Taxonomy-eligible CapEx primarily relates to property, plant, and equipment and intangible assets in this segment (and in particular investments in servers and data centers). The Taxonomy-eligible OpEx for activity 8.1 relates primarily to repairs and maintenance in connection with plant and equipment and software in the data center area. The proportions of revenue generated in connection with activity 8.1 were adjusted in all cases by the abovementioned allocation key so as only to disclose the proportion of activities relating to the Company’s own data centers.
The proportion of CapEx and OpEx in connection with activity 6.5 is attributable in particular to vehicle fleet management at Group level.
The CapEx in connection with activity 7.7 primarily comprises IFRS 16 Leases items in the Group’s individual segments.