LensCrafters 2013 Annual Report Download - page 120

(c) Inter-segment transactions and corporate adjustments include corporate costs not allocated to a specific
segment and amortization of acquired intangible assets.
Information by geographic area
The geographic segments include Europe, North America (which includes the United States of America,
Canada and Caribbean islands), Asia-Pacific (which includes Australia, New Zealand, China, Hong Kong, Singapore
and Japan) and Other (which includes all other geographic locations, including South and Central America and the
Middle East). Sales are attributed to geographic segments based on the customer’s location, whereas long-lived assets,
net are the result of the combination of legal entities located in the same geographic area.
Years ended December 31
(Amounts in thousands of Euro)
Europe
(1)
North
America
(2)
Asia-
Pacific
(3)
Other Consolidated
2013
Net sales 1,442,789 4,123,783 917,762 828,277 7,312,611
Long-lived assets, net (at year end) 335,979 578,462 220,139 48,656 1,183,236
2012
Net sales 1,317,332 4,122,889 897,491 748,430 7,086,142
Long-lived assets, net (at year end) 342,394 591,358 213,401 45,241 1,192,394
1) Long-lived assets, net located in Italy represented 26% of the Group’s total fixed assets in 2013 and 2012,
respectively. Net sales recorded in Italy were Euro 0.3 billion in 2013 and 2012, respectively.
2) Long-lived assets, net located in the United States represented 45% and 47% of the Group’s total fixed assets
in 2013 and 2012, respectively. Net sales recorded in the United States were Euro 3.8 billion in each of 2013
and 2012.
3) Long-lived assets, net located in China represented 12% and 10% of the Group’s total fixed assets in 2013 and
2012, respectively.