Contents

4Financial position – resultsNotes to the consolidated financial statementsNote 29 - Segment informationThe activities of the Sequana Group are:■■manufacture of technical and creative paper through Arjowiggins, which is wholly owned;■■distribution of paper and packaging products through Antalis, which is wholly owned.29a - Business segment analysis of the 2012 income statement(€ millions) Arjowiggins AntalisSalesHolding companiesand eliminationsExternal sales 1,162 2,690 – 3,852Inter-segment sales 257 5 (262) –TOTAL SALES 1,419 2,695 (262) 3,852RECURRING OPERATING INCOME (LOSS) 14 56 (14) 56OPERATING INCOME (LOSS) (52) (1) (15) (68)Net financial loss – – – (51)Income tax benefit (expense) – – – –NET INCOME (LOSS) FROM CONSOLIDATED COMPANIES – – (119)Net income (loss) from discontinued operations – – – –NET INCOME (LOSS) – – – (119)Attributable to owners – – – (119)Total29b - Business segment analysis of the 2011 income statement(€ millions) Arjowiggins AntalisSalesHolding companiesand eliminationsExternal sales 1,191 2,753 – 3,944Inter-segment sales 274 6 (280) –TOTAL SALES 1,465 2,759 (280) 3,944RECURRING OPERATING INCOME (LOSS) 22 83 (16) 89OPERATING INCOME (LOSS) (53) 72 (22) (3)Net financial loss – – – (40)Income tax benefit (expense) – – – (35)NET INCOME (LOSS) FROM CONSOLIDATED COMPANIES – – – (78)Net income (loss) from discontinued operations – 1 – 1NET INCOME (LOSS) – – – (77)Attributable to owners – – – (77)Total152 | Sequana | 2012 Document de référence (English version)