Annual Report 2010 - Knorr-Bremse AG.

156 SEGMENT REPORT
Segment Report in Compliance with GAS 3
(German Accounting Standard)
In order to comply with GAS 3, Knorr-Bremse AG has compiled the following report on three segments
that are subject to reporting requirements. The breakdown by segment is based on the Group’s activities
in the three major geographical regions that provide the geographical framework for the Group’s
internal organizational and reporting structures. The operating segments cover three regions: Europe,
the Americas and Asia/Australia, each of which is characterized by different market and customer demands.
The Knorr-Bremse Group’s main product lines – braking systems for rail and commercial vehicles
– are represented in all three regions.
Fiscal Year 2010 Europe America Asia/
Australia
Knorr-Bremse
Group
in EUR thousands (TEUR)
Sales by region 2,288,048 891,346 1,041,295 4,220,689
thereof net sales with third parties 1,886,009 826,977 999,177 3,712,163
thereof net sales with other segments 402,039 64,369 42,118 508,526
Net income 109,783 47,320 82,278 239,381
Income tax charge 59,754 25,758 44,783 130,295
Investments (excluding financial investments) 74,751 21,337 17,281 113,369
Depreciation (excluding financial investments) 72,350 33,134 41,379 146,863
Result for associated companies 0 (252) 0 (252)
Result for affiliated and other companies 13 0 0 13
Assets 998,130 523,777 672,250 2,194,157
Fiscal Year 2009 Europe America Asia/
Australia
Knorr-Bremse
Group
in EUR thousands (TEUR)
Sales by region 1,841,381 661,232 529,313 3,031,926
thereof net sales with third parties 1,626,013 620,437 514,497 2,760,947
thereof net sales with other segments 215,368 40,795 14,816 270,979
Net income 65,180 7,493 26,056 98,729
Income tax charge 32,014 3,681 12,797 48,492
Investments (excluding financial investments) 70,796 16,732 13,087 100,615
Depreciation (excluding financial investments) 77,442 32,066 8,162 117,670
Result for associated companies 0 74 0 74
Result for affiliated and other companies 6 0 0 6
Assets 871,718 455,984 336,718 1,664,420