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Segment reporting
 12 Months Ended
Dec. 31, 2021
Operating Segments [Abstract]  
Segment reporting Segment reporting
Nomad has one reporting and operating segment, "Frozen", reflected in the segment presentation below for the periods presented. The CODM primarily uses “Adjusted EBITDA”, disclosed in Note 3.19, as the key measure of the segment’s results, which is considered non-IFRS financial information.
Segment Adjusted EBITDA
Year ended December 31, 2021Year ended December 31, 2020Year ended December 31, 2019
Note€m€m€m
Profit for the period181.0 225.1 153.6 
Taxation55.7 70.4 56.7 
Net financing costs106.0 63.7 73.2 
Depreciation and amortization71.6 67.6 68.3 
Acquisition purchase price adjustments8.4 — — 
Exceptional items745.3 20.6 54.5 
Other add-backs18.7 19.4 25.7 
Adjusted EBITDA486.7 466.8 432.0 

Acquisition purchase price adjustments relate to the reversal of the non-cash increase applied to inventory acquired in business combinations to value it at fair value as opposed to cost.
Other add-backs include the elimination of share-based payment expense and related employer payroll expense of €5.8 million (2020: €12.1 million, 2019: €22.4 million) and elimination of non-operating M&A related costs, professional fees and transaction costs of €12.9 million (2020: €7.3 million, 2019: €3.3 million). We exclude these costs because we do not believe they are indicative of our normal operating costs, can vary significantly in amount and frequency, and are unrelated to our underlying operating performance.
No information on segment assets or liabilities is presented to the CODM.
Product information
Management considers the products it sells belong to one category, being "Frozen".
Geographical information
External revenue by geography
Year ended December 31, 2021Year ended December 31, 2020Year ended December 31, 2019
€m€m€m
United Kingdom758.3 747.3 712.5 
Italy417.9 426.3 394.1 
Germany396.3 393.2 329.6 
France188.6 203.8 176.6 
Sweden148.1 158.7 175.7 
Austria129.3 127.9 108.2 
Norway121.7 115.6 120.4 
Spain75.1 82.6 79.5 
Rest of Europe371.3 260.5 227.7 
Total external revenue by geography
2,606.6 2,515.9 2,324.3 
Non-current assets by geography
December 31, 2021December 31, 2020
€m€m
Germany140.0 135.5 
United Kingdom139.6 132.1 
Italy64.8 68.5 
Serbia48.5 — 
Croatia38.5 — 
Ireland34.3 31.9 
Norway31.0 30.0 
Sweden29.8 28.5 
Rest of Europe72.3 52.7 
Total non-current assets by geography598.8 479.2 
Non-current assets exclude deferred tax assets, goodwill and brands which are not bound to one geographical area