Investor Presentaiton
R&D: spending and capital expenditure
R&D spending (after deducting grants)
€ million
Capital expenditure (after deducting grants)²
€ million
8.1%
5.9%
6.3%
5.2%
-3.6%
-15.0%
108.2
104.3
95.8
10.4
81.4
2019
2020
R&D ratio¹
2019
2020
32.4
thereof additions as a
result of leases³
■
Disproportionately strong rise in the R&D ratio caused by sharp fall in revenue
■ Reduction in capital expenditure as a result of cost-cutting measures being implemented
17
DEUTZ
1 Ratio of net R&D expenditure (after deducting grants) to consolidated revenue. 2 After deducting grants; capital expenditure on property, plant, and equipment (including right-of-use
assets for leases) and intangible assets, including capitalization of R&D. ³ Right-of-use assets for leases under IFRS 16.View entire presentation