Lenovo 2009 Annual Report Download - page 104

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2008/09 Annual Report Lenovo Group Limited
102
NOTES TO THE FINANCIAL STATEMENTS (Continued)
5 Segment information
In accordance with the Group’s internal financial reporting, the Group has adopted geographical segments as the primary
reporting format and business segments as the secondary reporting format.
Segment assets consist primarily of inventories and accounts receivable, and exclude assets not dedicated to a particular
segment, including mainly deferred tax assets and available-for-sale financial assets and centrally managed cash and cash
equivalents and inventories. Segment liabilities comprise mainly accounts payable and exclude liabilities not dedicated
to a particular segment, including mainly bank borrowings, convertible preferred shares and income tax payable. Capital
expenditure mainly comprises additions to property, plant and equipment, intangible assets and construction-in-progress.
In respect of geographical segment reporting, sales are based on the country in which the customers are located. Total assets
and capital expenditure are where the assets are located.
There were no material sales or other transactions among the business segments for the years ended March 31, 2008 and
2009.
On March 31, 2008, the Group completed the disposal of its entire interests in its Greater China mobile handset operations,
and the results therein were accounted for as discontinued operations for the year then ended. The segment information
presented below, including the comparative figures for last year, represents the continuing operations of the Group.