H4-SH-8B acoplamento bipex Helical speed reduction gearbox H4

Flender/Flender Gear Units/Helical speed reduction gearbox H4

ets: These are written down if the impairment in their value is expected to be permanent. This is the case if there are objective indications, in particular events or changes in circumstances, that point to significant or lengthy impairment in their value. Receivables are written down based on the likelihood of default and country-specific risks. The other provisions include all discernible risks from contingent liabilities. They are recognized at the settlement amount dictated by prudent business practice. Liabilities are recognized at their settlement amount. Deferred taxes: An excess of deferred tax liabilities is recognized on differences between the carrying amount in the financial accounts and in the tax accounts for assets, liabilities and prepaid expenses and deferred income and including eligible loss carryforwards and interest carryforwards, if net tax burden in future fiscal years can be assumed. If deferred tax assets match the existing deferred tax liabilities, the latter are presented after netting off. If there is net tax credit, the option to recognize it as an asset pursuant to Section 2 ( sentence 2 of the German Commercial Code (HGB) is not utilized. Deferred taxes are measured on the basis of the applicable corporate tax rate and in accordance with the rates of assessment for trade tax. Method of classification used in the financial statements: Flender GmbH groups individual items in the statement of income and balance sheet if they contain an amount that is not material in providing true and fair view of circumstances and if greater clarity in the presentation is achieved by grouping them. Flender GmbH discloses these items separately in the notes. Value-added tax assets and value-added tax liabilities are netted off. The statement of income is prepared using the cost of sales (function of expense) method. Flender GmbH 6A.3.3 Disclosures on the statement of income NUMBER 1 Revenue The revenue of 2,3,7.0 (previous year: 2,2,4.0) is so