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ANNUAL REPORT 2005 | CONSOLIDATED FINANCIAL RESULTS
Other segment information for the year ended December 31, 2005:
Czech Slovak Elimination Unallocated Group
Republic Republic
Depreciation and amortization 352 32 – – 384
Impairment charge 174 – – – 174
Segment assets 13 860 2 848 (901) 74 15 881
Segment liabilities 4 036 2 780 (455) 57 6 418
Capital expenditure 612 18 – – 630
Other segment information for the year ended December 31, 2004:
Czech Slovak Elimination Unallocated Group
Republic Republic
Depreciation and amortization 380 38 – – 418
Impairment charge 30 – – – 30
Segment assets 15 134 1 001 (289) 57 15 903
Segment liabilities 3 891 1 127 (430) 179 4 767
Capital expenditure 242 33 – – 275
Segment assets consist primarily of PP&E, intangible assets, inventories, receivables and operating cash. They exclude the current income tax prepaid
and deferred tax.
Segment liabilities comprise operating liabilities. They exclude current and deferred tax liabilities.
Capital expenditure comprises additions to PP&E (Note 6) and intangible assets (Note 8).
Sales from external customers by the location of the customers were as follows:
Czech Slovak Unallocated Group
Republic
Republic
2005 8 424 2 491 875 11 790
2004 9 777 2 340 1 080 13 197
Unallocated portion relates to other countries and services provided.
b) Secondary reporting format – business segment
Substantially all of the Group’s sales are tobacco products,
and therefore the Group has only one reportable business segment.
The primary statements presented in these financial statements
include the information required from the secondary format
of segment reporting.
c) Analysis of sales by category
2005 2004
Sales of goods 11 780 13 178
Revenues from services 10 19
Total 11 790 13 197
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