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INDEX INDEXNotesNotes3. Segment informationUntil now, Dantherm has only had one business segment, i.e. the Dantherm Air Handling group.From an organisational point of view, the group is divided into two business areas – HVAC and Telecom. The management reporting covers only therevenue and contribution margin for these business areas, but, in 2011, work has gone into adjusting the internal reporting with a view to disclosing additionalinformation in future. Segment information on earnings at EBITDA level is stated below.Activities – primary segment 2011TotalDKK '000 HVAC Telecom Not allocated segmentsRevenue 358,249 268,754 0 627,003Internal revenue -73,116 -3,575 0 -76,691Revenue 285,133 265,179 0 550,312EBITDA 26,266 21,297 -4,176 43,387Capital expenditure 5,864 3,575 0 9,439Average number of employees 313 266 6 585Geographically – secondary segment 2011Revenue Segment CapitalDKK '000 assets expenditureDenmark 45,855 315,958 6,979EU countries 330,103 19,281 36Asia 50,442 74,074 968USA 35,776 21,902 948Other countries 88,136 31,473 508Total segments 550,312 462,688 9,439Customers accounting for more than 10% of consolidated revenue generate revenue of DKK 140.6m (2010: DKK 74.0m).3. Segment information – continuedActivities – primary segment 2010TotalDKK '000 Air Handling Not allocated segmentsRevenue 464,808 0 464,808Internal revenue -182 0 -182Revenue 464,626 0 464,626Special items -2,283 0 -2,283EBIT 15,848 -8,994 6,854Segment assets 366,955 90,434 457,389Capital expenditure 4,206 8,000 12,206Depreciation and amortisation 22,077 503 22,580Segment liabilities 249,657 78,955 328,612Cash flows from operating activities 15,467 -12,291 3,176Cash flows from investing activities 1,210 99,289 100,499Cash flows from financing activities -12,040 -56,331 -68,618Average number of employees 531 6 537Geographically – secondary segment 2010Revenue Segment CapitalDKK '000 assets expenditureDenmark 47,121 350,800 11,380EU countries 253,053 9,625 0Asia 63,480 55,586 379USA 30,243 13,443 140Other countries 70,729 27,935 307Total segments 464,626 457,389 12,206DKK '000 2011 20104. Other operating incomeReversed provision regarding expiry of guarantees furnished for business areas divested 2,111 0Other income 2,702 0Other operating income, total 4,813 058 Dantherm Annual Report 2011 Annual Report 2011 Dantherm 59