Econocom - 2020 annual report

06 consolidated financial statements

notes to the consolidated financial statements

Segment information 3. The segment information presented in accordance with IFRS 8 has been prepared on the basis of internal management data disclosed to the Executive Committee, the Group’s primary operating decision-maker with respect to allocating resources and assessing performance.

Services and Products & Solutions segments. Over time, the distinction between these businesses had lost its relevance given the Group’s positioning as an integrator of digital solutions that combine products, software and services. Consequently, the Group’s business is now broken down into two operating business segments:

On 1 January 2019, the Group created a new reporting segment, Digital Services & Solutions (DSS), which combines the former

Combined strategic operating business segments

Description

Countries

Innovative, tailored financing solutions to ensure more effective administrative and financial management of the ICT and digital assets of the businesses. Using our expertise to support the transformation to the new digital world (in consulting, infrastructure management, development of applications and integration of digital solutions) and with services ranging from the design to roll-out of solutions, and from the sale of hardware and software (PCs, tablets, servers, printers, licences, digital devices, etc.) to systems integration.

Germany, Belgium, Canada, Spain, United States, France, Great Britain, Ireland, Italy, Luxembourg, Netherlands, Poland.

Technology Management & Financing

Germany, Austria, Belgium, Canada, Spain, United States, France, Italy, Luxembourg, Morocco, Netherlands.

Digital Services & Solutions

Each segment has a specific profitability profile and has its own characteristics; segments are managed depending on the type of products and services sold in their economic and geographical environments.

Sales and transfers between segments are carried out on arm’s-length terms and are eliminated according to standard consolidation principles.

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2020 annual report