SOMFY_ANNUAL_FINANCIAL_REPORT_2017
07 CONSOLIDATED FINANCIAL STATEMENTS
SEGMENT REPORTING NOTE 3 —
In accordance with the provisions of IFRS 8 – Operating Segments, the information for each segment set out below is based on the internal reporting process used by General Management to assess performance and allocate resources to the various segments. General Management is the chief operating decision-maker within the meaning of IFRS 8.
Somfy includes entities the business of which comes under the “Home & Building”, “Access Automation” and “Connected Solutions” applications and is structured in two geographic regions. The geographic location of assets is used as sole segment reporting criterion. Management makes its decisions based on this strategic focus using reporting by geographic region as its key analysis tool. The two geographic regions are: Europe, Middle East & Africa (EMEA); – Asia & Americas (A&A). –
AT 31 DECEMBER 2017
Europe, Middle East & Africa
Asia & Americas 369,895 –30,820 339,075 14,608 –1,480 16,102 11,416 92,588 59,426
Intra-regional eliminations
Consolidated
€ thousands
1,246,573
Segment sales
966,137 –58,638 907,498 153,795 192,003 53,076 104,253 258,353 –10
–89,458 89,458
–
Intra-segment sales
1,246,573
Segment sales – Contribution to sales Segment current operating result Share of net profit/(loss) from associates
– – – – – – – –
168,403 –1,491 208,106 64,492 196,842 317,779
Cash flow
Net investments in intangible assets and PPE
Goodwill
Net intangible assets and PPE Investments in associates
939
712
227
AT 31 DECEMBER 2016
Europe, Middle East & Africa
Asia & Americas 334,011 –27,842 306,169 28,564
Intra-regional eliminations
Consolidated
€ thousands
1,131,739
Segment sales
879,693 –54,123 825,570 149,039 155,364 50,326 104,735 240,320 –2
–81,965 81,965
–
Intra-segment sales
1,131,739
Segment sales – Contribution to sales Segment current operating result Share of net profit/(loss) from associates
– – – – – – – –
177,603
–684
–683
181,693 64,525 200,394 303,132
Cash flow
26,329 14,199 95,659 62,812
Net investments in intangible assets and PPE
Goodwill
Net intangible assets and PPE Investments in associates
1,880
722
1,158
82
SOMFY – ANNUAL FINANCIAL REPORT 2017
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