sain t-gobain annu al report 2008 annual report
sain t-gobain annu al report 2008 annual report
sain t-gobain annu al report 2008 annual report
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Innovative Construction Building Packaging Other* Tot<strong>al</strong><br />
Materi<strong>al</strong>s Products Distri-<br />
(in € millions) Flat High- bution<br />
2007 Glass Performance<br />
Interior Exterior Items Tot<strong>al</strong><br />
Materi<strong>al</strong>s Solutions Solutions eliminated<br />
Extern<strong>al</strong> s<strong>al</strong>es 5,577 4,629 6,002 4,187 10,189 19,478 3,542 6 43,421<br />
Intern<strong>al</strong> s<strong>al</strong>es 34 123 626 329 (32) 923 2 4 (1,086) 0<br />
Net s<strong>al</strong>es 5,611 4,752 6,628 4,516 (32) 11,112 19,480 3,546 (1,080) 43,421<br />
Operating income/(loss) 717 585 980 333 1,313 1,102 401 (10) 4,108<br />
Business income/(loss) (49) 333 962 281 1,243 1,069 688 (128) 3,156<br />
Share in net income/(loss)<br />
of associates 3 7 0 7 2 1 1 14<br />
Depreciation and amortization 347 216 318 141 459 276 209 14 1,521<br />
Impairment of assets 73 225 9 31 40 19 (4) 1 354<br />
Net goodwill 179 1,153 3,831 766 4,597 3,078 233 9,240<br />
Non-amortizable brands 815 0 815 1,948 2,763<br />
Tot<strong>al</strong> segment assets ** 4,976 4,238 9,994 3,516 13,510 13,580 2,758 281 39,343<br />
Tot<strong>al</strong> segment liabilities *** 2,421 1,125 1,911 1,366 3,277 4,249 936 1,047 13,055<br />
Investments during the year<br />
– Capit<strong>al</strong> expenditure 523 238 622 211 833 369 309 20 2,292<br />
–Businesses<br />
(net of cash acquired) 18 22 98 93 191 500 (1) 20 750<br />
Cash flows from operations 677 487 739 321 1,060 825 425 288 3,762<br />
* “Other” corresponds to a) the elimination of intragroup transactions for intern<strong>al</strong> s<strong>al</strong>es and b) holding company transactions for the other captions.<br />
** The difference between tot<strong>al</strong> assets in the b<strong>al</strong>ance sheet and tot<strong>al</strong> segment assets corresponds to current and deferred taxes (€501 million) and cash and cash<br />
equiv<strong>al</strong>ents (€1,294 million).<br />
*** The difference between tot<strong>al</strong> liabilities and equity in the b<strong>al</strong>ance sheet and tot<strong>al</strong> segment liabilities corresponds to equity (€15,267 million), current and deferred<br />
taxes (€1,594 million) and debt (€11,222 million).<br />
178<br />
Saint-Gobain – Financi<strong>al</strong> Report <strong>2008</strong>