G2 Segment information
Information on business areas
|
SMR |
SRP |
SMM |
Group activities |
Eliminations |
Group total |
|---|---|---|---|---|---|---|
External revenues |
65,690 |
11,472 |
49,340 |
– |
– |
126,503 |
Internal revenues |
16 |
1 |
373 |
– |
–390 |
– |
Total revenue |
65,707 |
11,473 |
49,713 |
– |
–390 |
126,503 |
Share of results of associates and joint ventures |
19 |
– |
–3 |
– |
– |
16 |
Operating profit |
13,215 |
1,225 |
8,792 |
–814 |
– |
22,418 |
Net financial items |
– |
– |
– |
– |
– |
–2,623 |
Income tax expense for the year |
– |
– |
– |
– |
– |
–4,493 |
Profit for the year |
13,215 |
1,225 |
8,792 |
–814 |
– |
15,301 |
Assets |
69,687 |
16,595 |
70,333 |
1,668 |
– |
158,284 |
Investments in associates and joint ventures |
170 |
– |
289 |
– |
– |
459 |
Assets held for sale |
– |
– |
154 |
– |
– |
154 |
Unallocated assets |
– |
– |
– |
– |
– |
15,313 |
Total assets |
69,856 |
16,595 |
70,777 |
1,668 |
– |
174,210 |
Liabilities |
17,208 |
3,194 |
11,099 |
1,369 |
– |
32,868 |
Liabilities held for sale |
– |
– |
34 |
2 |
– |
36 |
Unallocated liabilities |
– |
– |
– |
– |
– |
53,646 |
Total liabilities |
17,208 |
3,194 |
11,133 |
1,369 |
– |
86,549 |
Other disclosures |
|
|
|
|
|
|
Capital expenditure |
–2,056 |
–428 |
–2,778 |
–92 |
– |
–5,354 |
Depreciation and amortization |
–2,446 |
–579 |
–3,691 |
–67 |
– |
–6,783 |
Impairment losses |
–94 |
–48 |
–488 |
–47 |
– |
–676 |
Other non-cash expenses |
–251 |
–19 |
–533 |
2,636 |
– |
1,834 |
Restructuring costs |
–75 |
–148 |
–402 |
– |
– |
–625 |
|
SMR |
SRP |
SMM |
Group activities |
Eliminations |
Group total |
|---|---|---|---|---|---|---|
External revenues |
63,607 |
10,704 |
48,567 |
– |
– |
122,878 |
Internal revenues |
16 |
1 |
517 |
– |
–533 |
– |
Total revenue |
63,623 |
10,705 |
49,084 |
– |
–533 |
122,878 |
Share of results of associates and joint ventures |
26 |
– |
–109 |
– |
– |
–84 |
Operating profit |
11,934 |
883 |
6,318 |
–715 |
– |
18,420 |
Net financial items |
50 |
–32 |
–123 |
–7 |
– |
–1,959 |
Income tax expense for the year |
– |
– |
– |
– |
– |
–4,216 |
Profit for the year |
11,984 |
851 |
6,195 |
–721 |
– |
12,245 |
Assets |
73,048 |
16,401 |
77,245 |
2,119 |
– |
168,813 |
Investments in associates and joint ventures |
72 |
– |
62 |
– |
– |
134 |
Assets held for sale |
122 |
– |
273 |
– |
– |
395 |
Unallocated assets |
– |
– |
– |
– |
– |
15,042 |
Total assets |
73,242 |
16,401 |
77,580 |
2,119 |
– |
184,384 |
Liabilities |
18,259 |
3,644 |
11,325 |
1,838 |
– |
35,067 |
Liabilities held for sale |
– |
– |
38 |
5 |
– |
43 |
Unallocated liabilities |
– |
– |
– |
– |
– |
52,275 |
Total liabilities |
18,259 |
3,644 |
11,363 |
1,844 |
– |
87,385 |
Other disclosures |
|
|
|
|
|
|
Capital expenditure |
–1,800 |
–175 |
–2,805 |
–60 |
– |
–4,841 |
Depreciation and amortization |
–2,513 |
–528 |
–3,639 |
–80 |
– |
–6,760 |
Impairment losses |
–357 |
–139 |
–671 |
–55 |
– |
–1,221 |
Other non-cash expenses |
20 |
151 |
711 |
940 |
– |
1,822 |
Restructuring costs |
–494 |
–395 |
–1,725 |
–67 |
– |
–2,681 |
All transactions between the business areas are on market terms. For information regarding business combinations, see note G30
Revenue by country |
2023 |
2024 |
|---|---|---|
USA |
18,425 |
17,739 |
Australia |
15,247 |
14,285 |
China |
8,280 |
9,123 |
Canada |
8,406 |
7,699 |
Germany |
7,195 |
6,542 |
Mexico |
5,007 |
5,145 |
South Africa |
5,324 |
4,823 |
Italy |
3,855 |
3,603 |
India |
3,075 |
3,561 |
Indonesia |
3,702 |
3,550 |
Brazil |
3,313 |
3,052 |
France |
3,000 |
2,873 |
Chile |
2,571 |
2,516 |
Sweden |
2,232 |
2,427 |
Poland |
1,937 |
1,919 |
UK |
1,879 |
1,890 |
Ghana |
1,749 |
1,691 |
Spain |
1,497 |
1,448 |
Japan |
1,455 |
1,387 |
Peru |
1,378 |
1,301 |
Zimbabwe |
1,122 |
1,281 |
Türkiye |
1,371 |
1,255 |
Switzerland |
1,189 |
1,179 |
Tanzania |
1,262 |
1,131 |
Austria |
1,278 |
1,129 |
Other countries |
20,754 |
20,329 |
Total |
126,503 |
122,878 |
Revenue is specified by country based on where customers are.
|
2023 |
2024 |
|---|---|---|
USA |
27,923 |
30,475 |
Australia |
14,716 |
15,013 |
Sweden |
12,978 |
13,240 |
Luxembourg |
8,341 |
8,450 |
China |
2,584 |
6,181 |
France |
4,354 |
4,402 |
Germany |
3,605 |
3,699 |
Austria |
2,893 |
3,046 |
Finland |
2,653 |
2,850 |
Canada |
2,568 |
2,671 |
UK |
2,082 |
2,121 |
India |
1,905 |
2,082 |
Switzerland |
1,616 |
1,604 |
Ireland |
1,220 |
1,414 |
Czech Republic |
814 |
945 |
Other |
1,861 |
2,686 |
Total |
92,113 |
100,879 |
Non-current assets are specified by country based on where the assets are located. Non-current assets consists of intangible assets, property, plant and equipment and right-of-use assets.
§ Accounting principles
The Group’s operations are organized in three business areas, based on products and services. The Group’s chief operating decision-maker, the CEO, monitors the business result and decides on the distribution of resources based on the products the Group manufactures and sell as well as the service it provides, these constitute the Group’s operating segments. Each operating segment has a president, responsible for day-to-day activities and who reports to the CEO.
Segment results, assets and liabilities include only those items that are directly attributable to the segment and the relevant portions of items that can be allocated on a reasonable basis to the segments. Unallocated items comprise of interest, gains/losses on disposal of financial investments, interest expense, income tax expense and certain administrative expenses. Unallocated assets and liabilities include income and deferred tax receivables and payables, financial investments and financial liabilities.