Page 52 - Annual Report KELAG Group 2018
P. 52

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.
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