Renewable Energy formerly New Energy Technologies is focused on achieving the

Renewable energy formerly new energy technologies is

This preview shows page 89 - 91 out of 132 pages.

Renewable Energy (formerly “New Energy Technologies”) – is focused on achieving the Government of Abu Dhabi’s vision of transforming Abu Dhabi into a global leader in sustainable new energy technologies. Industry – is focused on economic development through the development of sustainable industry. Real Estate and Hospitality – is focused on residential, commercial and retail real estate developments and luxury hotels and resorts, both in Abu Dhabi and internationally. Infrastructure – is focused on economic development through developing, owning and operating concession based infrastructure and educational, health and other facilities. Services Ventures (formerly “Services”) - is focused on human resource and economic development by establishing businesses in service-based sectors, such as leasing and financial services, maritime transportation services, defence services and logistics services. Aerospace – is focused on creating aviation and aerospace industry in Abu Dhabi and bringing aerospace technology, skills and facilities to Abu Dhabi. Information and Communication Technology - is focused on human resource and economic development by establishing local information, communications and technology clusters. Healthcare – is focused on creating a world class, competitive vertically integrated network of healthcare infrastructure. Corporate / Acquisitions – develops and drives the strategy for the Group as a whole as well as for acquisitions across all lines of business in collaboration with the relevant business unit. The acquisitions business unit is also mandated to identify and realize opportunities that align with the broader Group strategy through investments around the globe. Geographical segments Significant operations of the Group are based in the United Arab Emirates, the State of Qatar and Europe. In presenting information on the basis of geographical segments, segment revenue is based on the geographical location of customers. Segment non-current assets are based on the geographical location of the assets and consist of property, plant and equipment, intangible assets and investment properties. Geographical information For the year ended 31 Dec 2010 Revenue AED ’000 As at 31 Dec 2010 Non-current assets AED ’000 For the year ended 31 Dec 2009 Revenue AED ’000 As at 31 Dec 2009 Non-current assets AED ’000 (Restated) 1 United Arab Emirates 5,929,090 17,678,914 4,285,475 12,945,174 State of Qatar 3,299,265 5,010,112 2,830,577 5,388,246 Europe 3,848,696 5,911,493 4,000,519 5,101,036 Others 2,875,514 4,128,748 1,976,041 4,114,003 15,952,565 32,729,267 13,092,612 27,548,459 1 See note 2(e)(iii) for restatement on account of change in accounting policies.
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Mubadala Development Company PJSC Notes to the Consolidated Financial Statements 6 Operating segments (continued) Major customers Revenue from the sale of goods and services with customers, individually exceeding 10% of the Group’s revenues in certain segments, is set out below: 2010 AED ’000 2009 AED ’000 Entities under common control Entities under common control 2 4,191,087 3,777,755 External entities Oil and gas 2,676,260 2,164,950 2 This primarily represents revenue from the Infrastructure operating segment.
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  • Spring '18
  • Yuijjjh
  • ABU DHABI, Mubadala Development Company

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