Segment information

6 Months Ended

Jun. 30, 2019

Segment information

Segment information

Segment information

We have two reportable segments: R&D and our fee-for-service business Fidelta, located in Croatia.

Segment information for the six months ended June 30, 2019

(Euro, in thousands)

		R&D		Fee-for-services		Inter-segment elimination		Group
External revenue	€	86,907	€	4,878			€	91,785
Internal revenue				3,581	€	(3,581)
Other income		16,717		7				16,724
Revenues & other income		103,624		8,466		(3,581)		108,509
Segment result		(81,269)		410				(80,859)
Unallocated expenses (1)								(16,751)
Operating loss								(97,610)
Financial (expenses)/income								1,834
Result before tax								(95,776)
Income taxes								(129)
Net loss							€	(95,905)

(1) Unallocated expenses consist of expenses for warrant plans under IFRS 2 Share based payments.

Segment information for the six months ended June 30, 2018

(Euro, in thousands)

		R&D		Fee-for-services		Inter-segment elimination		Group
External revenue	€	81,942	€	5,641			€	87,583
Internal revenue				4,126	€	(4,126)
Other income		14,287		2				14,289
Revenues & other income		96,229		9,770		(4,126)		101,872
Segment result		(57,446)		2,200				(55,246)
Unallocated expenses (1)								(10,540)
Operating loss								(65,786)
Financial (expenses)/income								6,867
Result before tax								(58,919)
Income taxes								(137)
Net loss							€	(59,056)

(1) Unallocated expenses consist of expenses for warrant plans under IFRS 2 Share based payments.

The basis of accounting for any transactions between reportable segments is consistent with transactions with third parties.