Carlsberg Annual Report - Carlsberg Group

64 Carlsberg Group
NOTE 2 Segment information – continued
2010
Carlsberg
Group, total
DKK million
Northern &
Western Europe
Eastern
Europe
Asia
Not
allocated
Beverages,
total
Nonbeverage
Income statement:
Net revenue 36,122 18,141 5,613 178 60,054 - 60,054
Intra-segment revenue 34 46 - -80 - - -
Total net revenue 36,156 18,187 5,613 98 60,054 - 60,054
Share of profit/loss after tax in associates 9 -11 142 1 141 7 148
Operating profit before special items 5,086 5,048 1,044 -932 10,246 3 10,249
Special items, net -249 - -249
Financial items, net -2,137 -18 -2,155
Profit before tax 7,860 -15 7,845
Corporation tax -1,847 -38 -1,885
Consolidated profit 6,013 -53 5,960
Operating margin 14.1% 27.8% 18.6% 17.1% 17.1%
Not allocated net revenue, DKK 98m, consists of DKK 2,549m net revenue
from other companies and activities and DKK 2,451m from eliminations of
sales between these other companies and the segments.
Not allocated operating profit before special items, DKK -932m, consists
of DKK -928m from other companies and activities and DKK -4m from
eliminations.
DKK million
Other segment items:
Total assets 52,275 74,496 14,467 -9,090 132,148 12,102 144,250
Assets held for sale 79 - - 205 284 135 419
Invested capital, cf. note 32 28,216 67,553 10,826 -1,722 104,873 12,246 117,119
Acquisition of property, plant and equipment and
intangible assets 1,644 745 549 384 3,322 55 3,377
Depreciation and amortisation 2,057 1,507 287 115 3,966 21 3,987
Impairment losses 440 240 43 - 723 - 723
Not allocated total assets, DKK -9,090m, comprise entities that are
not business segments and eliminations of investments in subsidiaries,
receivables, loans etc.
Information on geographical allocation
of net revenue and non-current assets
Net revenue
Non-current assets
2011 2010 2011 2010
Denmark (Carlsberg A/S’s domicile) 4,722 4,604 2,086 2,192
Russia 16,070 14,466 60,525 63,335
Other countries 42,769 40,984 66,317 62,781
Total 63,561 60,054 128,928 128,308
The geographical allocation is made on the basis of the selling countries’
residence and comprises countries individually accounting for more than
10% of the Group’s consolidated net revenue as well as the domicile country.
Information about major customers. The Carlsberg Group does not have
any individual customers who account for more than 10% of the Group’s net
revenue.
Non-current assets comprise non-current assets other than financial instruments,
deferred tax assets and retirement benefit plan assets.