Page 47 - KELAG Annual Report 2017
P. 47

The chief decision maker monitors the investments in intangible assets and property, plant and
                                      equipment  as  well  as  equity  investments  for  the  purpose  of  monitoring  performance  and
                                      allocating resources between the segments. This information is disclosed to the users of financial
                                      statements in the segment reporting.

                                      The internal performance of the business segments is assessed primarily on the basis of operating
                                      income. This corresponds to the total operating result achieved by the entities/units incorporated
                                      in the respective segment under consideration of inter-segment revenue and expenses. For the
                                      Investments/Misc. segment, the investment result that is allocable in its entirety to this segment
                                      is also of relevance.

                                      Additions to intangible assets and property, plant and equipment as well as equity investments
                                      (investments accounted for using the equity method and other investments) include investments
                                      and increases through business combinations. These values also correspond to the asset volume
                                      reported internally. As a result, no reconciliation has been made of the total amount of the assets
                                      of reportable segments.


                                      External revenue and non-current segment assets are allocated to the geographical areas based
                                      on  segmentation  according  to  the  registered  offices  of  the  reporting  entity  or  respective
                                      subsidiaries.

                                      No more than 10% of external revenue is generated with any one customer.
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