Today, Wavin - Jaarverslag.com

Wavin Annual Report 2010 | page 99The income statement and balance sheet segmentation of the revised regional segmentation is as follows:Income statement based on revised geographic segmentation(€ x 1,000) NOTE NORTH WESTEUROPESOUTH WESTEUROPECENTRAL &EASTERNEUROPESOUTH EASTEUROPEOVERSEASAND OTHERCONSOLIDATED2010Total external revenue 8 405,820 370,130 198,985 197,806 58,511 1,231,252Result from operating activities 11,654 5,471 17,217 2,464 1,137 37,943Non-recurring operational results 14 (1,468) (2,411) (213) (708) (1,580) (6,380)Recurring result from operating activities 13,122 7,882 17,430 3,172 2,717 44,323Depreciation and amortisation (recurring) 17, 18 17,563 17,847 11,339 5,807 7,209 59,765Ebitda 30,685 25,729 28,769 8,979 9,926 104,0882009Total external revenue 8 410,114 342,165 179,334 184,397 43,616 1,159,626Result from operating activities 10,748 (6,196) 15,737 5,652 6,954 32,895Non-recurring operational results 14 (3,665) (8,282) (1,058) (1,455) (181) (14,641)Recurring result from operating activities 14,413 2,086 16,795 7,107 7,135 47,536Depreciation and amortisation (recurring) 17, 18 18,883 20,028 11,623 5,417 6,894 62,845Ebitda 33,296 22,114 28,418 12,524 14,029 110,381Geographic segmentation balance sheet and other key figures(€ x 1,000) NOTE NORTH WESTEUROPESOUTH WESTEUROPECENTRAL &EASTERNEUROPESOUTH EASTEUROPEOVERSEAS ANDOTHER*ELIMINATION**CONSOLIDATED2010Segment assets 292,352 408,981 193,498 166,773 765,118 (486,900) 1,339,822Investment in associates 19 56 – – – 21,016 – 21,072Total assets 292,408 408,981 193,498 166,773 786,134 (486,900) 1,360,894Total liabilities 210,644 301,172 153,120 83,534 207,056 (173,578) 781,948Acquired through business combinations 7 – – 60 – – – 60Capital expenditure 17, 18 13,868 15,975 5,663 3,498 4,676 – 43,680Number of employees per year end (x 1) 12 1,772 1,941 1,328 768 280 – 6,0892009Segment assets 289,879 411,465 247,743 161,183 725,893 (540,359) 1,295,804Investment in associates 19 92 1 – 15 18,953 – 19,061Total assets 289,971 411,466 247,743 161,198 744,846 (540,359) 1,314,865Total liabilities 211,181 303,236 166,087 85,977 186,446 (196,679) 756,248Acquired through business combinations 7 – – – – 308 – 308Capital expenditure 17, 18 9,497 8,087 5,895 4,884 7,196 – 35,559Number of employees per year end (x 1) 12 1,830 1,994 1,362 806 274 – 6,266* The goodwill related to the acquisition of the shares Beheermaatschappij Wavin B.V. in 2005 is included in this segment. For the allocation of this goodwill to each region we refer to note 18.** Intercompany positions within the region have been eliminated. Amounts for elimination decreased due to the higher level of eliminations of intercompany positions within the regions, as aresult of the integration of four regions into two regions.