financial report and registration document 2011 - Groupe SEB
financial report and registration document 2011 - Groupe SEB
financial report and registration document 2011 - Groupe SEB
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5 Notes<br />
Consolidated fi nancial statements<br />
to the consolidated fi nancial statements<br />
NOTE 3 SEGMENT INFORMATION<br />
In accordance with IFRS 8 – Operating segments, fi nancial information is presented by geographical segment, which is the basis of the internal information<br />
reviewed <strong>and</strong> used by the chief operating decision makers, i.e. the members of the Executive Committee.<br />
Note 3.1. GEOGRAPHICAL SEGMENT INFORMATION (BY LOCATION OF ASSETS)<br />
(in € millions) France<br />
Other Western<br />
European<br />
countries (a)<br />
North<br />
America<br />
South<br />
America Asia-Pacifi c<br />
Central<br />
Europe,<br />
Russia<br />
<strong>and</strong> other<br />
countries<br />
Intra-group<br />
transactions Total<br />
<strong>2011</strong><br />
Revenue<br />
Inter-segment revenue 705.6 791.5 394.6 426.5 909.5 664.6 3,892.3<br />
External revenue 304.5 41.4 0.6 16.6 748.4 264.8 (1,305.3) 71<br />
TOTAL REVENUE<br />
Income statement<br />
1,010.1 832.9 395.2 443.1 1,657.9 929.4 (1,305.3) 3,963.3<br />
Operating result from activity* 108.2 44.5 0.2 27.3 178.7 100.7 (6.2) 453.4<br />
Operating profi t/(loss)<br />
Finance costs <strong>and</strong> other fi nancial<br />
59.8 40.9 (8.3) 37.4 176.7 100.2 (6.2) 400.5<br />
income <strong>and</strong> expense, net (27.2)<br />
Share of profi ts of associates 0<br />
Income tax expense (112.4)<br />
PROFIT FOR THE PERIOD<br />
Balance sheet<br />
260.9<br />
Segment assets 595.1 434 390 435.3 1,109.5 311.2 (279.6) 2,995.5<br />
Financial assets - - - - - - 270.9<br />
Tax assets - - - - - - 95.8<br />
TOTAL ASSETS - - - - - - 3,362.2<br />
Segment liabilities 423.8 250.3 62 100.9 256.1 110.9 (233.1) 970.9<br />
Borrowings - - - - - - 883.8<br />
Tax liabilities - - - - - - 145.7<br />
Equity - - - - - - 1,361.8<br />
TOTAL EQUITY AND<br />
LIABILITIES<br />
Other information<br />
Capital expenditure <strong>and</strong><br />
- - - - - - 3,362.2<br />
purchases of intangible assets<br />
Depreciation <strong>and</strong> amortisation<br />
67.7 5.7 3.5 16.3 45.9 1.5 140.6<br />
expense 55.7 8.2 3.9 11.3 19.6 1.6 100.3<br />
Impairment losses 0 4.2 7.2 0.3 2.1 13.8<br />
(a) “Other Western European countries” correspond to the 15 countries other than France comprising the pre-enlargement European Union. The new EU countries are included in the “Central<br />
Europe, Russia <strong>and</strong> other countries” segment.<br />
* Formerly “Operating margin”.<br />
92 GROUPE <strong>SEB</strong> Financial Report <strong>and</strong> Registration Document <strong>2011</strong>
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