Annual Report 2013 - Mainfreight

5 Segmental Reporting (continued)
Geographical Segments (continued)
New
Zealand
Australia
The
Americas Asia Europe
Inter-
Segment
2012
$000
Group
Operating Revenue
– sales to customers
outside the group
449,041 499,264 411,872 35,782 417,609 – 1,813,568
– inter-segment sales (23) 12,062 27,689 20,230 1,597 (61,555) –
Total Revenue 449,018 511,326 439,561 56,012 419,206 (61,555) 1,813,568
EBITDA 54,597 33,822 18,987 2,651 28,133 – 138,190
Depreciation &
Amortisation
9,835 3,127 3,929 359 14,823 – 32,073
Capital Expenditure 29,812 28,168 3,055 812 23,512 85,359
Trade Receivables 58,974 68,554 53,190 3,771 57,212 (11,042) 230,659
Non-current Assets 200,527 93,599 68,830 16,047 217,710 – 596,713
Total Assets 276,970 183,758 137,140 28,100 302,720 (11,042) 917,646
Total Liabilities 164,464 117,733 90,955 14,828 191,092 (11,042) 568,030
Reconciliation between Segment EBITDA and the Income Statement
2013
$000
2012
$000
Profit from Operations Before Abnormal Items and Taxation for the Year 98,264 94,142
Interest Income (926) (1,596)
Derivative Fair Value Movement – 201
Non-cash Share Based Payment Expense – 406
Finance Costs 9,683 12,964
Depreciation & Amortisation 30,433 32,073
EBITDA 137,454 138,190
EBITDA is defined as earnings before net interest expense, tax, depreciation, amortisation, abnormal items, royalties, share based payment
expense, minority interests and associates.
There are no customers in any segment that comprise more than 10% of that segment’s revenue.
The gegraphical segments are determined based on the location of the Group’s assets.
Financial Statements
89