Report 2010 - Italcementi Group

2010 Annual Report
Presentazione 6
Consolidated Annual Report Directors’ report 27
Corporate Governance Consolidated financial statements Financial statements 68
Italcementi S.p.A. financial statements Notes 73
Annexes 142
Report of the Independent Auditors 151
The table below sets out segment revenues and results at December 31, 2009:
(in thousands
of euro)
Revenues
Intragroup
sales
Contributive
revenues
Recurring
EBITDA
EBITDA EBIT Finance
income
(costs)
exch.rate
differences
and
derivatives
Impairment
on financial
assets
Share of
results of
associates
Profit
before
tax
Income
tax
expense
Italy 824,800 (57,219) 767,581 47,335 56,921 (53,016) (1,717)
France-Belgium 1,529,743 (11,631) 1,518,112 334,054 338,156 232,519 854
Spain 226,877 (16,546) 210,331 42,159 43,001 16,940 -
Others C.W.E. 83,286 (8,011) 75,275 21,131 21,100 16,687 305
Eliminations (16,462) 16,462 - - - - -
C.W.E. 2,648,244 (76,945) 2,571,299 444,679 459,178 213,130 (558)
North
America 401,248 (505) 400,743 12,526 2,359 (55,544) 7,478
Egypt 792,984 (6,662) 786,322 262,226 261,470 183,183 1,086
Morocco 320,275 (288) 319,987 132,201 132,246 108,616 9,120
Others
EE.NA.ME. 281,510 (405) 281,105 23,952 23,887 (5,082) (1,730)
Eliminations (534) 534 - - - - -
EE.NA.ME. 1,394,235 (6,821) 1,387,414 418,379 417,603 286,717 8,476
Thailand 160,752 (12,100) 148,652 22,247 15,862 (25,644) -
India 171,830 - 171,830 60,554 60,527 47,049 -
Others Asia 79,119 - 79,119 12,606 12,455 4,839 (503)
Eliminations - - - - - - -
Asia 411,701 (12,100) 399,601 95,407 88,844 26,244 (503)
Cement
& clinker
trading 221,117 (67,143) 153,974 11,003 11,007 8,458 (325)
Other
operations 353,265 (259,917) 93,348 (10,416) (17,055) (30,780) -
Unallocated
postings - - - - - - (106,871) (41,129) 309,542 (94,225)
Eliminations (423,431) 423,431 - - (5,251) (5,251) -
Total 5,006,379 - 5,006,379 971,578 956,685 442,974 (106,871) (41,129) 14,568 309,542 (94,225)
93
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