EUR thousand |
|
12/31/2025 |
|
12/31/2024 |
|---|---|---|---|---|
AUTOMOBILE Division |
|
1,513 |
|
1,622 |
CONTRACT Division |
|
342 |
|
552 |
Total |
|
1,855 |
|
2,174 |
EUR thousand |
|
12/31/2025 |
|
12/31/2024 |
|---|---|---|---|---|
AUTOMOBILE Division |
|
95 |
|
81 |
CONTRACT Division |
|
26 |
|
11 |
Total |
|
121 |
|
92 |
Investment grants from the government are not recognized until there is reasonable assurance that the attached conditions will be met and that the grant will be awarded. Grants are reported separately under liabilities using the gross method. They are reversed pro rata in line with the depreciation and amortization of the subsidized assets.
The items included in the tables above were deferrals for asset-related grants. The grants of the AUTOMOBILE Division include EUR 1,046 thousand (previous year: EUR 1,099 thousand) for grants from the Federal Railway Authority for replacements and renovations in rail infrastructure. Accruals are reversed in line with the amortization of the subsidized assets. Income from the reversal of accruals of EUR 295 thousand (previous year: EUR 202 thousand) was recognized in 2025.
Further income of EUR 430 thousand was recognized during the year (previous year: EUR 480 thousand), the full amount of which related to grants recognized through profit or loss.