voxeljet AG Reports Financial Results for the First Quarter Ended March 31, 2014

The fair value of customer loans included in financial assets was determined using a discounted cash flow model based on observable inputs from the relevant forward interest rate yield curve plus an appropriate risk premium.

7. Other liabilities and provisions

As of March 31, 2014, the amount related to the LTCIP included in other liabilities and provisions on our consolidated statement of financial position was kEUR 1,045, of which kEUR 735 was a current liability and kEUR 310 was a non-current liability.

8. Segment reporting

The following table summarizes segment reporting. The sum of the amounts of the two segments equals the total for the Group in each of the periods.

SEGMENT REPORTING        
                 
03/31/2014 03/31/2013
Thousands of Euros SYSTEMS   SERVICES SYSTEMS   SERVICES
Revenues 1,312 1,427 1,205 1,182
 
Gross profit 397     682   428     485  
Gross profit in % 30.3 % 47.8 % 35.5 % 41.0 %

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