Translation of "Recognize revenue" in German

IFRS 15 sets out that an entity shall recognize revenue whenever the customer obtains control of, and can draw an economic benefit from, the promised goods and services.

The core principle of IFRS 15 is that an entity should recognize revenue to depict the transfer of promised goods and services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods and services.

Such grants are recognized as other revenue and disclosed separately in the annual reports.

The Company recognizes the revenues over the contractual period or as services are performed.

The Company recognizes revenues from professional services and training as performed.

A significant part of the infrastructure project in St. Petersburg is expected to be recognized in revenues and profit in 2018.

In the period under review, the result from foreign currency hedges, which was previously largely recognized in other operating result, was recognized within revenue for the first time in accordance with the new accounting standard IFRS 9.

Although the Company was un able to recognize revenues from the sale of ISPLs, all related fees, expenses, taxes and royalties paid related to the ISPL license program were nevertheless booked as expenses in the 2017 Financial Statements .

The interest accrued on long-term advance financing of production contracts is accounted for as a liability over the duration of financing and recognized as revenue when the engine component is delivered to the customer.

In H1 19 the Group recognized revenues of EUR 285 million, a decrease of 2 % after EUR 291 million in the prior-year period.

After a revenue decrease by 5 % compared to the previous year in the first three months of the current year, the company recognized revenues of EUR 169 million in the second quarter.

The important element shaping the consolidated result on the operational activity level taking into account the whole capital group was the revenue recognized after the acquisition of shares in Pu?awy as well as the results of the Company.

Although the Company was relatively successful selling ISPLs, for the reasons highlighted below, the Company was advised by its auditor that it would not be able to recognize revenues in respect of its 2017 Financial Year and prior year, respectively, for certain ISPL l icenses sold during the 2016 and 2017 Financial Years .

The Company recognized revenue of $296.0 million in 2018, net of pricing adjustments and treatment charges, on the sale of 79.2 million pounds of copper, 26,799 ounces of gold, and 284,086 ounces of silver based on an average realized copper price of US$2.98 per pound.

This was mainly due to the revenues recognized in connection with the license agreement entered into with Cosmo in June 2016 which was not part of the company's guidance.

In the first six months of the current financial year, the company recognized revenues of EUR 285 million, a decrease of 2 % (H1 18: EUR 291 million).

T he Company recognized revenue of $73.1 million, net o f pricing adjustments and treatment charges, on the sale of 19.4 million pounds of copper, 7,475 ounces of gold, and 69,761 ounces of silver and based on an average realized copper price of US$2.81 per pound.

In the first six months of the current financial year, the company recognized revenues of € 285 million, a decrease of 2 % (H1 18: € 291 million).

After a revenue decrease by 5 % compared to the previous year in the first three months of the current year, the company recognized revenues of € 169 million in the second quarter.

During the reporting period, Delticom Group recognized revenues of EUR 275 million (H1 15: EUR 250 million, +10 %).

Depending on the progress of certain development components, the remaining EUR 5.7 million of the upfront payment are expected to be recognized as revenues in fiscal year 2017.