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106Conergy AG I Annual Report 20107. Segment disclosuresThe segment table solely shows the Company’s continuingoperations. Comments on its discontinuedoperations are contained in note 6.Segment reporting is based on the organisationalstructure of the Conergy Group in the 2010 financialyear. The individual organisational units are allocatedto the operating segments solely according to economiccriteria, irrespective of their ownership structureunder German corporate law. In its function asthe Company’s chief operating decision maker, theManagement Board is not given any information onsegment assets and liabilities. Given the absence of internalreporting, there are no disclosures on segmentassets and liabilities in respect of reportable segments.Reportable segmentsSegment classification for the 2010 financial year waschanged compared to the consolidated financial statementsas at 31 December 2009. The previous year’sfigures were adjusted accordingly. The segment tablesolely shows the Company’s continuing operations.Conergy is divided into the segments Germany,Europe without Germany, Americas, Asia-Pacific,Components and Holding.The Components segment develops and manufacturessystem components such as solar cells, solar modules,module frames, and mounting systems, as well aselectronic components. Whilst Conergy produces solarcells and solar modules in its Frankfurt (Oder) solarfactory, the Company develops electronic componentssuch as inverters, connection boxes, monitoringsystems, and tracking systems in Hamburg and BadVilbel, and has these built to order by various companies,most of them European. Mounting systems andmodule frames are developed and manufactured inRangsdorf near Berlin. Electrical components andmounting systems are developed and produced by oursubsidiaries voltwerk electronics GmbH and MountingSystems GmbH and are also sold under their respectivebrand names.The segments Germany, Europe without Germany,Americas and Asia-Pacific sell the products manufacturedby the Components segment and the completesystems and components purchased by Conergy, towholesalers, installers and end customers (primarilyfarmers, private households, and investors). The Company’sdistribution activities also include the planning,construction as well as operations management andmaintenance of photovoltaic systems (known as EPCactivities: engineering, procurement, and construction).Conergy offers several different types of service: thesale of individual components or the sale of completesystems with coordinated components and/or planningand engineering services, as well as turnkey plantconstruction with or without operations managementand maintenance. The services that Conergy offersrange from construction planning to the delivery ofcomponents, all the way to the construction of photovoltaicplants.Conergy also develops, finances, implements and operateslarge-scale PV projects in these segments.Conergy’s range of products and services includes siteinspection and development; contracting for, coordinating,and monitoring plant construction; negotiationof project agreements; the creation of project-basedoperating companies; and commercial and technicalmanagement of plants. Conergy also arranges debtand equity financing for these operating companiesand the marketing of equity interests to investors.The “Reconciliation” and “Holding” columns are shownseparately. During reconciliation, intra-Group businesstransactions are eliminated and income and expensesnot directly attributable to the segments are disclosed.The Holding segment essentially comprises the activitiesof the Conergy holding company’s Shared Services aswell as purchasing and logistics.The accounting standards applied to segment reportingcorrespond to those applied for Conergy as a whole.The number of employees corresponds to the numberof full-time employees. Part-time employees are takeninto account on a pro rata basis in accordance withtheir contractual working hours.