Usage of Alternative Performance Measures
The Fresenius Group uses alternative performance measures in its regulatory and mandatory publications that may represent so called non-GAAP-measures. These indicators are neither defined by US-GAAP nor by IFRS.
Within the internal control system of Fresenius non-GAAP-measures are used as key performance indicators.
The use of non-GAAP-measures for evaluating assets, financial and earnings position of Fresenius is not recommended on an isolated basis or as an alternative to the key performance indicators provided within the consolidated financial statements prepared in accordance with US-GAAP and IFRS.
The non-GAAP-measures used are listed and explained below: