BMW 2001 Annual Report Download - page 88
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87
The return on sales for each segment is based
on the operating result, whereas the return on sales
for the Group as a whole is based on the profit or
loss from ordinary activities. Internal financing is
computed as the profit or loss from ordinary activi-
ties adjusted for depreciation and amortisation and
significant non-cash items, less actual tax payments.
In the segment information by geographical re-
gion, external sales are based on the location of the
customers registered office. Segment information is
provided for the regions Germany, rest of Europe,
America and Africa, Asia and Oceania, in line with in-
ternal management and reporting procedures.
Segment information by region External revenues Capital expenditure Assets
in euro million 2001 2000 2001 2000 2001 2000
Germany 10,238 9,126 2,482 1,976 16,140 15,825
Rest of Europe 11,777 12,360 708 476 9,999 11,627
America 12,189 11,249 289 297 16,627 13,997
Africa, Asia, Oceania 4,259 4,491 37 32 4,481 4,772
Reconciliations 4,012 3,119
Group 38,463 37,226 3,516 2,781 51,259 49,340