Annual Report 2008 Sustainable design & engineering - Grontmij

Notes to the consolidated financial statements
Segment information, 2008
Belgium Denmark Germany/ The Sweden UK/Ireland Holdings & Total
Poland Netherlands Eliminations
Customers 57,587 169,703 65,402 328,318 88,313 115,310 19,845 844,478
Other segments 793 1,446 329 3,193 173 102 -6,036 -
Other income 109 48 876 539 512 - -339 1,745
Total revenue 58,489 171,197 66,607 332,050 88,998 115,412 13,470 846,223
Revenue less operating
expenses 3,225 10,416 8,455 16,739 7,147 9,325 -9,805 45,502
Share of profit of
joint ventures and associates 2,172 8 -80 2,434 - - - 4,534
Result on sale of
joint ventures and associates - 7 - 8,143 - - - 8,150
EBIT 5,397 10,431 8,375 27,316 7,147 9,325 -9,805 58,186
EBIT margin (%) 9,2 6,1 12,6 8,2 8,0 8,1 pm 6,9
Net finance expense 470 3,536 38 2,107 383 -528 -13,471 -7,465
Income tax -1,757 -3,576 -2,359 -4,341 -2,203 -1,924 4,209 -11,951
Net result 4,110 10,391 6,054 25,082 5,327 6,873 -19,067 38,770
Avg. number of staff (fte) 624,3 1,278,5 724,8 2,605,9 741,0 1,233,1 119,6 7,327,2
Total assets 25,551 92,560 54,485 269,347 27,455 68,037 89,909 627,344
Total liabilities 17,811 61,541 36,055 200,015 14,649 46,101 76,229 452,401
Depreciation 1,067 1,697 672 4,986 608 823 1,536 11,389
Amortisation of
intangible assets - 355 90 7 - - 6,496 6,948
Capital expenditure 477 1,895 588 3,790 509 1,820 746 9,825
Acquisition of intangible
assets & goodwill - 2,783 111 2,805 1,071 33,687 866 41,323
Investments in joint ventures
and associates 5,097 - - 3,182 - - - 8,279
GRONTMIJ | ANNUAL REPORT 2008 111