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2005 Annual Report - Touax

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note 3.3. Geographic information<br />

(€ thousands) International Europe United States Total<br />

<strong>2005</strong><br />

Revenues 114,908 96,199 10,885 221,992<br />

Intangible and tangible investments 708 42,654 11,489 54,851<br />

Non-current segment assets 15,745 87,042 19,722 122,509<br />

2004<br />

Revenues 102,866 70,986 6,731 180,583<br />

Intangible and tangible investments 2,047 17,587 1,041 20,675<br />

Non-current segment assets 16,591 66,132 9,510 92,233<br />

Notes to the income statement<br />

note 4. Revenues<br />

Breakdown by type Change Change<br />

(€ thousands) 31.12.<strong>2005</strong> 31.12.2004 <strong>2005</strong>/2004 (%)<br />

Leasing revenues 127,968 110,267 17,701 16%<br />

Sales of equipment 93,926 70,227 23,699 34%<br />

Commissions 98 89 9 10%<br />

TOTAL 221,992 180,583 41,409 23%<br />

Leasing revenues<br />

The increase in leasing revenues is due on the one<br />

hand to the increase in the fleets under management<br />

in the shipping containers, modular buildings<br />

and railcars businesses, and on the other hand to<br />

the rise in the utilization rates and leasing rates in<br />

the modular buildings business.<br />

It should be noted that the leasing revenues include<br />

revenues from leasing, transport and services associated<br />

with the leasing of equipment.<br />

Sales of equipment<br />

The increase in equipment sales reflects the rise in<br />

sales of shipping containers and railcars to investors<br />

and the increase in trading in modular buildings.<br />

annual report <strong>2005</strong><br />

Consolidated accounts<br />

69

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