2007 Reference document (PDF) - Valeo

5. Additional disclosures
5.1. Segment reporting
Consolidated fi nancial statements at December 31, 2007
Notes to consolidated financial statements
The Valeo Group comprises a single business segment (“Automotive equipment”). The Group’s secondary reporting level – geographical areas
– corresponds to production areas. Additional information is provided based on an appropriate breakdown to permit a more accurate analysis
of the Group’s business.
Balance sheet and statement of income items relating to non-strategic activities have been restated as indicated in note 2.1.
5.1.1. Reporting by geographic area
(In millions of euros)
Net sales by market Net sales by
production area
Total assets at
December 31
< Contents >
Capital expenditure
for the year (1)
Number of
employees
2007
Europe 6,458 6,873 3,652 365 41,397
North America 1,293 1,224 457 64 6,826
South America 559 522 253 32 4,206
Asia 1,245 1,264 778 92 8,771
Eliminations - (328) (144) - -
TOTAL
2006
9,555 9,555 4,996 553 61,200
Europe 6,398 6,903 3,966 437 40,261
North America 1,325 1,318 539 86 7,179
South America 468 454 210 39 3,550
Asia 1,245 1,238 754 87 7,710
Eliminations - (477) (147) (2) -
TOTAL
2005
9,436 9,436 5,322 647 58,700
Europe 6,242 6,740 4,048 436 39,622
North America 1,364 1,366 575 67 6,776
South America 429 402 195 35 3,418
Asia 1,156 1,134 759 59 7,084
Eliminations - (451) (149) (5) -
TOTAL 9,191 9,191 5,428 592 56,900
(1)
Capital expenditure in 2007 does not include investments related to the Wiring H arness activity which was sold during that year. Capital expenditure in 2006 does not
include expenditure related to the Electric Motors & Actuators business which was sold during that year.
2007 Reference document - VALEO
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