Page 125 - KELAG Annual Report 2019
P. 125

The accounting policies applied to the reportable segments are those described in the accounting
           policies section.

           The chief decision maker mainly monitors the investments in intangible assets and property, plant
           and equipment for the purpose of monitoring performance and allocating resources between the
           segments.

           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.

           Apart from investments in intangible assets and property, plant and equipment, no other asset
           volumes are reported internally to the chief operating decision maker on a regular basis. As a
           result, no reconciliation has been made of the total amount of the assets of reportable segments.












            External revenue          774.2   206.1        316.0           3.8          0.0   1,300.1
            Intersegment revenue      148.0     2.2          1.8           0.0        -151.9    0.0
            Total revenue             922.2   208.2        317.8           3.8        -151.9   1,300.1

            OPERATING RESULT*         80.3     32.3         30.9          11.1          0.0   154.6
            Amortisation, depreciation and   -34.0   -42.2   -22.2        -9.7          0.0   -108.1
            impairment
              thereof impairment       -6.7     0.0         -1.6           0.0          0.0     -8.3
            Reversals of impairments    4.0     0.0          0.0           0.0          0.0     4.0
            Profit/loss from investments
            accounted for using the equity   0.0   0.0       0.0          38.3          0.0    38.3
            method
            Carrying amount of
            investments accounted for   0.0     0.0          0.0         188.0          0.0    188.0
            using the equity method
            Investments in intangible
            assets and property, plant and   48.4   65.0    18.6          10.3          0.0    142.3
            equipment

           *  Profit/loss  from  investments  accounted  for  using  the  equity  method  has  been  included  in  the  operating  result  since  the  financial  year  2019.
             Furthermore, in the fourth quarter of 2019, segment reporting was adjusted against the background of a change to the internal management and
             reporting to KELAG’s entire Board of Directors (see the notes on segment reporting).
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