Financial Statements - Geberit

26. Segment information
Geberit Group
The Group consists of a single business segment: the design, manufacture
and sale of sanitary plumbing systems to the residential and commercial
construction industry. The business segment is divided into geographical
regions.
The segment “Other European core markets” includes Austria, Great Britain,
The Netherlands, Belgium and France. All other European markets are summarised
in the segment “Other European markets”.
The segment “Other markets” includes principally the usa and China. The
segment “Corporate Functions” consists in particular of Geberit Holding ag
and Geberit International ag as the central management companies, and
the research and development company Geberit Technik ag.
Balance sheet and profit information are allocated to the geographical segments
in accordance with the jurisdiction where the assets and liabilities are
located and the profits are generated.
The Group considers operating profit before amortisation to be the segment
result. Group companies principally account for intersegment sales on the
“
market-minus” method.
Balance sheet information on the corporate functions include unallocated
assets and liabilities of the Group which consist of cash and cash equivalents,
goodwill, income tax assets and liabilities, certain intangible assets and financial
assets and liabilities. Inter-company transactions have been eliminated
in the column “Eliminations”.
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