sain t-gobain annu al report 2008 annual report

NOTE 31
Employees
NOTE 32
Segment information
Average number of employees 2008 2007 2006
Fully consolidated companies
Managers 22,674 22,258 22,648
Administrative employees 84,589 82,734 80,078
Other employees 99,205 101,642 103,095
Total 206,468 206,634 205,821
Proportionately
consolidated companies (*)
Managers 126 42 52
Administrative employees 548 323 264
Other employees 911 650 702
Sub-total 1,585 1,015 1,018
TOTAL 208,053 207,649 206,839
* Proportion of headcount allocated to the Group.
At December 31, 2008, the total number of Group employees –
including in proportionately consolidated companies – was
207,684 (December 31, 2007: 204,880; December 31, 2006:
205,864).
Segment information by sector and division
Segment information is presented as follows:
Innovative Materials Sector - Flat Glass
Innovative Materials Sector - High-Performance Materials (HPM)
Construction Products (CP) Sector
– Interior Solutions: Insulation and Gypsum
– Exterior Solutions: Industrial Mortars, Pipe
and Exterior Fittings
Building Distribution Sector
Packaging Sector
Management uses several different internal indicators to
measure operational performance and to make resource allocation
decisions. These indicators are based on the data used
to prepare the consolidated financial statements and meet
financial reporting requirements. Intragroup (“internal”) sales
are generally carried out on the same terms as sales to
external customers and are eliminated in consolidation.
The accounting policies used are the same as those applied
for consolidated financial reporting purposes, as described
in Note 1.
Innovative Construction Building Packaging Other* Total
Materials Products Distri-
(in € millions) Flat High- bution
2008 Glass Performance
Interior Exterior Items Total
Materials Solutions Solutions eliminated
External sales 5,502 4,032 5,538 5,482 11,020 19,692 3,547 7 43,800
Internal sales 47 133 611 437 (33) 1,015 4 0 (1,199) 0
Net sales 5,549 4,165 6,149 5,919 (33) 12,035 19,696 3,547 (1,192) 43,800
Operating income/(loss) 701 543 592 478 1,070 894 442 (1) 3,649
Business income/(loss) 212 500 579 369 948 826 432 (104) 2,814
Share in net income/(loss)
of associates 1 6 0 6 1 2 1 11
Depreciation and amortization 315 179 327 176 503 283 208 23 1,511
Impairment of assets 52 53 10 16 26 35 3 1 170
Net goodwill 181 1,213 3,559 2,258 5,817 3,217 243 10,671
Non-amortizable brands 710 0 710 1,803 2,513
Total segment assets ** 4,920 4,179 9,474 5,758 15,232 13,125 2,830 417 40,703
Total segment liabilities *** 2,626 1,045 1,823 1,679 3,502 4,041 916 1,726 13,856
Investments during the year
– Capital expenditure 576 223 529 236 765 298 283 18 2,163
–Businesses
(net of cash acquired) 23 59 15 1,536 1,551 547 45 1 2,226
Cash flows from operations 733 437 480 405 885 650 510 309 3,524
177 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
* “Other” corresponds to a) the elimination of intragroup transactions for internal sales and b) holding company transactions for the other captions.
** The difference between total assets in the balance sheet and total segment assets corresponds to current and deferred taxes (€755 million) and cash and cash
equivalents (€1,937 million).
*** The difference between total liabilities and equity in the balance sheet and total segment liabilities corresponds to equity (€14,530 million), current and deferred
taxes (€1,393 million) and debt (€13,616 million).
Saint-Gobain – Financial Report 2008