Making people successful in a changing world - Annual Report 2012

Notes to Consolidated Financial Statements - as of December 30, 2001In millions, except share and per share amountsNote 14 – Segment ReportingIn October 2001, Adecco announced a change in its organisationaland management structure, creating three operating segments(divisions). In accordance with SFAS No. 131, Adecco has changed itsreporting segments to be in alignment with its new internalstructure. Segment information for prior periods has been restatedto conform to the new presentation.Adecco’s three segments are:Adecco Staffing: Providing mainstream staffing services includingtemporary staffing and permanent placement.Ajilon Staffing & Managed Services: Servicing customers withtemporary associates and contractors, providing permanentplacements in special industries such as finance, informationtechnology as well as providing special expertise including projectmanagement and other management consulting services.Career Services & e-Business: Providing e-recruiting, executive searchservices and employee out-placement assistance.Adecco evaluates the performance of its reportable segmentsbased on divisional contribution which is defined as the amount ofprofit or loss before interest, income taxes, goodwill amortisation,restructuring expense and allocation of certain corporate charges.Approximately 93.7%, 94.7% and 94.4% of Adecco's net servicerevenues in 2001, 2000 and 1999 respectively were related totemporary staffing. The remaining portion relates to permanentplacements and other services.1999Adecco StaffingAjilon Staffing &Managed ServicesCareer Services &e-BusinessNet service revenues CHF 15,966 CHF 2,285 CHF 220 CHF 18,471Contribution 618 180 34 832Depreciation and amortisation 677 112 12 801Capital expenditures 120 30 6 156Segment assets 6,321 1,417 200 7,938Long-lived assets 1 472 89 19 580Total2000Net service revenues CHF 22,768 CHF 3,571 CHF 289 CHF 26,628Contribution 918 265 54 1,237Depreciation and amortisation 1,084 180 21 1,285Capital expenditures 292 49 10 351Segment assets 8,996 1,471 186 10,653Long-lived assets 1 719 152 23 8942001Net service revenues CHF 23,538 CHF 3,271 CHF 438 CHF 27,247Contribution 876 179 124 1,179Depreciation and amortisation 1,069 207 24 1,300Capital expenditures 238 46 13 297Segment assets 7,962 1,143 218 9,323Long-lived assets 1 794 118 37 949Segment information by geographical areas are as follows:Net service revenues199920002001Long-lived assets 1199920002001NorthAsiaAmerica 2 Europe 3, 4 PacificRest ofWorld 5TotalCHF 4,885 CHF 11,786 CHF 1,528 CHF 272 CHF 18,4717,986 15,713 2,282 647 26,6287,559 16,473 2,424 791 27,247CHF 205 CHF 306 CHF 64 CHF 5 CHF 580309 513 60 12 894322 541 76 10 9491Long-lived assets include all non-current assets except deferred taxes and goodwill, net2Consists primarily of operations in the United States3Consists primarily of operations in France, United Kingdom, Belgium, Germany, Italy, The Netherlands, Spain and Switzerland4Includes France net service revenues of CHF 9,105, CHF 8,959 and CHF 7,000 and long-lived assets of CHF 161, CHF 111 and CHF 88 in 2001, 2000 and 1999 respectively5Consists of operations in Latin America and Other24