Annual Report 2002 - Agfa

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
3. Segment reporting
continued
Reconciliation of segment assets and liabilities with balance sheet total and
reconciliation of segment result with total result of the Group.
MILLION EUROS 2002 2001
Consumer
Graphic
Technical
Unallo-
Consoli-
Consumer
Graphic
Technical
Unallo-
Consoli-
Imaging Systems Imaging cated dated Imaging Systems Imaging cated dated
Segment result 72 246 352 670 (28) 75 (1) 46
General administration expense (277) (277) (310) (310)
Interest expenses (40) (40) (63) (63)
Other non-operating expenses (57) (57) (57) (57)
Income tax expense (99) (99) 133 133
Share of result of associated companies (3) (3) (38) (38)
Minority interest - - 1 1
Net result of the accounting period 194 (288)
Segment assets 704 1,102 1,354 3,160 857 1,255 1,357 3,469
Investments 40 40 49 49
Receivables under finance leases 462 462 430 430
Cash and cash equivalents 145 145 224 224
Deferred tax assets 268 268 288 288
Derivative Financial Instruments 11 11 2 2
Other unallocated receivables 73 73 65 65
Total assets 4,159 4,527
Segment liabilities 541 634 694 1,869 608 682 780 2,070
Financial obligations 718 718 1,066 1,066
Deferred tax liabilities 56 56 31 31
Shareholders’ Equity 1,386 1,386 1,268 1,268
Derivative Financial Instruments 15 15 24 24
Other unallocated liabilities 115 115 68 68
Total liabilities 4,159 4,527
4. Cash flow statements -
effect of acquisitions
Acquisitions 2002
The acquisition of Mitra Inc. had the following effect on the Group’s assets
and liabilities:
MILLION EUROS
Goodwill on acquisition 178
Property, plant and equipment 5
Inventories 1
Investments 2
Trade receivables 8
Other receivables 1
Cash and cash equivalents 15
Personnel liabilities (1)
Trade accounts payable (1)
Tax liabilities (5)
Other liabilities (6)
Minority interest (4)
Consideration paid 193
Cash acquired (15)
Net cash outflow 178
57
Agfa annual report 2002