Page 36 telenor annual report 2011 notes to the

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Unformatted text preview: onsists of start-up companies and activities that separately are not significant enough to be reported as separate segments. The companies operate within the international communication services, machine to machine communication and internet based services. Corporate functions and Group activities comprise activities such as real estate, research and development, strategic Group projects, Group Treasury, international services, the internal insurance company and central staff and support functions. Deliveries of network-based regulated services within the Group are based on cost oriented prices based on negotiations between the units. For contract-based services, product development etc., prices are negotiated between the parties based on market prices. All other transactions between the segments are based on market conditions. Gains and losses arising from internal transfer of businesses, group contribution and dividends within the Group are not included in the income statements for the segments. /page 36/ telenor annual report 2011 notes to the financial statements / telenor group Segment Information 2011 EbiTdA before other External income and and impair Revenues revenues expenses 1) EbiTdA 1) ment losses 10 057 2 478 1 782 1 537 1 214 283 5 004 5 063 3 595 1 847 (3 414) 1 900 (807) (13) 30 526 9 720 2 454 1 718 1 471 1 214 282 5 003 5 053 3 602 1 797 (3 425) 1 795 (651) 10 30 041 NOK in millions Norway sweden denmark Hungary serbia Montenegro dTAC – Thailand diGi – Malaysia Grameenphone – bangladesh Pakistan uninor – india broadcast Other units Eliminations Total group 1) 2) 26 719 10 055 6 992 4 488 2 911 627 14 585 10 929 6 730 5 017 3 019 7 133 2 707 (3 396) 98 516 26 052 9 921 6 837 4 461 2 770 578 14 562 10 920 6 727 5 012 3 018 6 977 681 - 98 516 depreciation, amortisation Operating profit (loss) investments 2) (3 357) (1 587) (904) (731) (592) (48) (1 573) (2 150) (1 130) (1 341) (5 089) (641) (535) 27 (19 649) 6 363 866 814 741 623 235 3 430 2 903 2 472 455 (8 514) 1 154 (1 187) 38 10 393 3 780 1 483 679 426 391 23 1 072 1 116 977 532 972 277 576 (23) 12 282 see table below for definition and reconciliation of EbiTdA. EbiTdA before other income and expenses is the segment result. investments include investments in businesses, licenses and spectrum. Segment Information 2010 EbiTdA before other External income and and impair Revenues revenues expenses 1) EbiTdA 1) ment losses 11 035 2 266 1 758 1 755 1 053 287 4 820 4 500 3 212 1 382 (4 246) 1 678 (263) (16) 29 220 10 905 2 222 1 647 1 636 1 043 285 4 872 4 501 3 213 1 295 (4 257) 1 575 (272) (16) 28 648 NOK in millions Norway sweden denmark Hungary serbia Montenegro dTAC – Thailand diGi – Malaysia Grameenphone – bangladesh Pakistan uninor – india broadcast Other units Eliminations Total group 1) 2) 28 047 9 497 7 274 4 806 2 638 644 13 848 10 167 6 492 4 653 773 7 040 3 181 (4 218) 94 843 27 277 9 323 7 089 4 783 2 522 604 13 809 10 156 6 491 4 616 772 6 800 601 - 94 843 depreciation, amortisation Operating profit (loss) investments 2) (3 884) (2 084) (978) (708) (622) (125) (1 695) (1 478) (1 450) (1 293) (787) (617) (451) 26 (16 148) 7 022 137 669 927 421 160 3 177 3 023 1 763 2 (5 044) 957 (723) 10 12 500 3 251 1 005 1 119 264 259 24 797 1 355 734 617 1 624 1 555 850 (7) 13 445 see table below for definition and reconciliation of EbiTdA. EbiTdA before other income and expenses is the segment result. investments include investments in businesses, licenses and spectrum. Reconciliation of EBITDA NOK in millions Net income loss from discontinued operations Profit from continuing operations income taxes Profit before taxes Net financial income (expenses) share of net income from associated companies Gain on disposal of associated companies Operating profit depreciation and amortisation impairment losses EBITDA Other income (expenses) EBITDA before other income and expenses 2011 7 217 - 7 217 (5 358) 12 575 (1 593) 2 114 1 662 10 393 (15 309) (4 340) 30 041 (485) 30 526 2010 14 808 (415) 15 223 (4 982) 20 205 (1 989) 3 145 6 549 12 500 (16 134) (14) 28 648 (572) 29 220 /page 37/ telenor annual report 2011 notes to the financial statements / telenor group Geographic distribution of external revenues based on customer location NOK in millions 2011 1) 2010 28 461 11 509 8 125 1 342 7 936 10 744 14 193 15 624 580 98 516 Norway sweden Other Nordic Other Western Europe Central Europe Malaysia Thailand Other Asia 1) Other countries Total revenues 29 681 10 633 8 600 1 279 8 095 10 015 13 311 12 685 545 94 843 Other Asia includes Grameenphone (bangladesh), Telenor Pakistan and uninor (india). Assets by geographical location of the company Non current assets excluding deferred tax assets and other non current assets NOK in millions 2011 Norway sweden Other Nordic Other Western Europe Central Europe Eastern Europe Thailand Other Asia 1) Other countries Total assets 1) 26 279 11 695 8 609 376 12 826 31 293 14 160 22 156 113 127 506 Total assets 2010 25 929 12 260 8 894 405 14 290 27 834 15 147 30 675 34 135 468 2011 37 769 17 011 10 881 865 15 345 31 293 20 789 32 272 115 166 339...
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This document was uploaded on 03/21/2014.

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