Financial Report and Registration Document 2010 - Groupe Seb

3
CONSOLIDATED FINANCIAL STATEMENTS
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
(in € millions)
2008
Revenue
France
Other Western
European
countries (a)
North
America
South
America
Asia/
Pacific
Central Europe
and other
countries
Intra-group
transactions
Inter-segment revenue 666.0 706.4 376.2 263.1 498.8 642.7 3,153.2
External revenue 693.8 48.8 2.8 26.9 594.9 1.2 (1,291.4) 77.0
TOTAL REVENUE 1,359.8 755.2 379.0 290.0 1,093.7 643.9 (1,291.4) 3,230.2
Profit/(loss)
Operating profit 62.7 3.5 0.1 24.3 84.2 104.4 279.2
Finance costs and other financial
income and expense, net (48.6)
Share of profit of associates (1.3)
Income tax expense (66.5)
NET PROFIT 162.8
Balance sheet
Segment assets 641.5 514.4 370.7 214.5 731.4 239.6 (224.4) 2,487.7
Financial assets 247.3
Tax assets 87.1
Total
TOTAL ASSETS 2,822.1
Segment liabilities 364.4 237.3 39.9 56.1 150.7 93.4 (200.9) 740.9
Borrowings - 926.2
Tax liabilities - 117.4
Equity - 1,037.6
TOTAL EQUITY AND LIABILITIES 2,822.1
Other information
Capital expenditure and
purchases of intangible assets 59.7 13.2 5.5 10.5 24.7 2.7 116.3
Depreciation and amortisation
expense 54.4 10.5 4.1 8.4 11.1 1.3 89.8
Impairment losses 2.3 14.3 3.9 20.5
3
(a) “Other Western European countries” correspond to the 15 other countries comprising the pre-enlargement European Union. The new EU countries are included in the “Central Europe and
other countries” segment.
Inter-segment transactions correspond to sales to external customers
located within the geographical segment.
External transactions correspond to total sales (within the Group and to
external customers) generated outside the geographical segment by
companies within the geographical segment.
Intra-group transactions are carried out on an arm’s length basis.
3.2. REVENUE BY GEOGRAPHICAL LOCATION OF THE CUSTOMER
(in € millions) 2010 2009 2008
France 711.7 685.3 668.1
Other Western European countries (a) 786.9 728.3 734.6
North America 404.4 348.9 393.7
South America 345.7 261.5 269.1
Asia-Pacific 764.0 599.9 498.8
Central Europe and other countries 639.1 552.4 665.9
TOTAL 3,651.8 3,176.3 3,230.2
(a) “Other Western European countries” correspond to the 15 other countries comprising the pre-enlargement European Union. The new EU countries are included in the “Central Europe and
other countries” segment.
GROUPE SEB
FINANCIAL REPORT AND REGISTRATION DOCUMENT 2010
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