Trade accounts and other receivables from unrelated parties (Tables)
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12 Months Ended |
Dec. 31, 2025 |
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| Trade accounts and other receivables from unrelated parties |
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| Summary of trade accounts and other receivables from unrelated parties |
| | | | | | | | | Trade accounts and other receivables from unrelated parties | in € K | | | December 31, 2025 | | December 31, 2024 | | | | | thereof credit- | | | | thereof credit- | | | | | impaired (1) | | | | impaired (1) | Trade accounts and other receivables, gross | | 3,349,982 | | 403,806 | | 3,573,550 | | 371,862 | thereof finance lease receivables | | 64,385 | | — | | 68,460 | | — | less expected credit losses | | (207,684) | | (158,233) | | (206,439) | | (139,170) | Trade accounts and other receivables | | 3,142,298 | | 245,573 | | 3,367,111 | | 232,692 |
| (1) | Trade accounts receivable balances are credit-impaired when one or more events have occurred that have a detrimental impact on the estimated future cash flows of the receivable balance (e.g. overdue by more than one year, etc.). |
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| Development of expected credit losses for doubtful accounts from unrelated parties and aging analysis |
The following table shows the development of expected credit losses in the fiscal years 2025, 2024, and 2023: | | | | | | | Development of expected credit losses for doubtful accounts from unrelated parties | in K € | | | 2025 | | 2024 | | 2023 | | | | | | | | Expected credit losses as of January 1 | | 206,439 | | 261,854 | | 168,681 | Change in valuation allowances as recorded in the consolidated statements of income | | 28,966 | | 18,968 | | 112,242 | Write-offs and recoveries of amounts previously written-off | | (19,685) | | (37,622) | | (11,617) | Changes in consolidation group | | (106) | | (23,030) | | (872) | Reclassifications (1) | | — | | (13,264) | | (924) | Foreign currency translation | | (7,930) | | (467) | | (5,656) | Expected credit losses as of December 31 | | 207,684 | | 206,439 | | 261,854 |
| (1) | Includes expected credit losses related to trade accounts and other receivables from unrelated parties which have been reclassified as assets held for sale. |
The following tables show the aging analysis of trade accounts and other receivables from unrelated parties and expected credit losses as of December 31, 2025 and as of December 31, 2024: Aging analysis of trade accounts and other receivables from unrelated parties 2025 in € K | | | | | | | | | | | | | | | | | up to 3 | | 3 to 6 | | 6 to 12 | | more than | | | | | | | months | | months | | months | | 12 months | | | | | not overdue | | overdue | | overdue | | overdue | | overdue | | Total | | | | | | | | | | | | | | Trade accounts and other receivables | | 2,215,955 | | 580,862 | | 149,619 | | 185,143 | | 218,403 | | 3,349,982 | less expected credit losses | | (36,890) | | (5,959) | | (4,515) | | (11,412) | | (148,908) | | (207,684) | Trade accounts and other receivables, net | | 2,179,065 | | 574,903 | | 145,104 | | 173,731 | | 69,495 | | 3,142,298 |
Aging analysis of trade accounts and other receivables from unrelated parties 2024 in € K | | | | | | | | | | | | | | | | | up to 3 | | 3 to 6 | | 6 to 12 | | more than | | | | | | | months | | months | | months | | 12 months | | | | | not overdue | | overdue | | overdue | | overdue | | overdue | | Total | | | | | | | | | | | | | | Trade accounts and other receivables | | 2,147,823 | | 733,582 | | 201,243 | | 250,406 | | 240,496 | | 3,573,550 | less expected credit losses | | (34,555) | | (5,187) | | (8,763) | | (25,273) | | (132,661) | | (206,439) | Trade accounts and other receivables, net | | 2,113,268 | | 728,395 | | 192,480 | | 225,133 | | 107,835 | | 3,367,111 |
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| Schedule of reconciliation of insurance and reinsurance contracts receivables and liabilities |
| | | | | | | | | | | | | Reinsurance contract receivables and liabilities | | | | | | | | | | | | | in € K | | 2025 | | 2024 | | | | | Risk | | | | | | Risk | | | | | Present | | adjustment | | | | Present | | adjustment | | | | | value of | | for non- | | | | value of | | for non- | | | | | future | | financial | | | | future | | financial | | | | | cash flows | | risk | | Total | | cash flows | | risk | | Total | Reinsurance contract receivables (liabilities) as at January 1, | | (9,287) | | (701) | | (9,988) | | 53,137 | | (931) | | 52,206 | Incurred claims and other directly attributable expenses | | (211,997) | | 208 | | (211,789) | | (245,035) | | 278 | | (244,757) | Changes that relate to past service – changes in the fulfillment cash-flows relating to LIC(1) | | 19,354 | | — | | 19,354 | | (58,654) | | — | | (58,654) | Claims and other directly attributable expenses paid | | (618,473) | | — | | (618,473) | | (562,067) | | — | | (562,067) | Premium revenue | | 827,891 | | — | | 827,891 | | 802,597 | | — | | 802,597 | Foreign currency translation and other changes | | 433 | | 74 | | 507 | | 735 | | (48) | | 687 | Reinsurance contract receivables (liabilities) as at December 31, | | 7,921 | | (419) | | 7,502 | | (9,287) | | (701) | | (9,988) |
| (1) | Changes that relate to past service include premium revenue, or a reduction in premium revenue, for past performance years of €32,974 and €(14,916) as of December 31, 2025 and 2024, respectively. |
| | | | | | | | | | | | | Insurance contract receivables and liabilities | | | | | | | | | | | | | in € K | | 2025 | | 2024 | | | | | Risk | | | | | | Risk | | | | | Present | | adjustment | | | | Present | | adjustment | | | | | value of | | for non- | | | | value of | | for non- | | | | | future | | financial | | | | future | | financial | | | | | cash flows | | risk | | Total | | cash flows | | risk | | Total | Insurance contract receivables (liabilities) as at January 1, | | (7,751) | | (588) | | (8,339) | | 27,389 | | (553) | | 26,836 | Incurred claims and other directly attributable expenses | | (367,292) | | (58) | | (367,350) | | (242,885) | | — | | (242,885) | Changes that relate to past service – changes in the fulfillment cash-flows relating to LIC(1) | | 8,475 | | — | | 8,475 | | (16,108) | | — | | (16,108) | Claims and other directly attributable expenses paid | | (845,988) | | — | | (845,988) | | (604,843) | | — | | (604,843) | Premium revenue | | 1,225,709 | | — | | 1,225,709 | | 828,437 | | — | | 828,437 | Foreign currency translation and other changes | | 95 | | 70 | | 165 | | 259 | | (35) | | 224 | Insurance contract receivables (liabilities) as at December 31, | | 13,248 | | (576) | | 12,672 | | (7,751) | | (588) | | (8,339) |
| (1) | Changes that relate to past service include premium revenue, or a reduction in premium revenue, for past performance years of €30,137 and €(2,095) as of December 31, 2025 and 2024, respectively. |
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