Mercedes 2009 Annual Report Download - page 247

Consolidated Financial Statements |Notes to Consolidated Financial Statements |243
Mercedes-Benz Cars. As a result of the agreement with
McLaren Group Ltd. in November 2009 to change the form of
cooperation, the Group incurred a pre-tax expense of €87 million
(see also Note 34). Also in 2009, a risk sharing agreement
between Daimler and its independent dealers in connection with
residual values was modified, which resulted in a pre-tax
expense of €79 million (see also Note 13).
In 2008, as a result of the reassessment of residual values of
leased vehicles, the Group recorded non-cash effective impairment
charges of €465 million. In addition, an amendment of a
defined benefit plan resulted in past service income of €84 million.
Daimler Trucks. In 2009 and 2008, expenses of €95 million
and €233 million, respectively, associated with the decision to
optimize and reposition the business operations of Daimler
Trucks North America are included in the segment’s EBIT. Of
these amounts, €68 million and €32 million, respectively, relate
to non-cash charges (see also Note 4). The decision made in
2009 for a major realignment of the business operations of Mit-
subishi Fuso Truck and Bus Corporation (MFTBC) led to charges
of €245 million in 2009. From this amount, €50 million relate to
non-cash charges (see also Note 4).
In 2008, an amendment of a defined benefit plan resulted in past
service income of €29 million.
In 2007, EBIT was positively impacted by a gain of €78 million
from the disposal of real-estate properties (see also Note 2).
Furthermore, changes to existing pension plans at MFTBC resulted
in a curtailment gain of €86 million in 2007.
Daimler Financial Services. In 2009, EBIT includes expenses
of €100 million from the sale of non-automotive assets and from
the valuation of assets held for sale (see Notes 2 and 18).
2007
Revenue
Intersegment revenue
Total revenue
Segment profit (loss) (EBIT)
Thereof share of profit (loss) from invest-
ments accounted for using the equity method
Segment assets
Thereof investments accounted
for using the equity method
Segment liabilities
Additions to non-current assets
Thereof capital expenditures for
intangible assets
Thereof capital expenditures for
property, plant and equipment
Depreciation and amortization of
non-current assets
Thereof amortization of intangible assets
Thereof depreciation of property,
plant and equipment
ConsolidatedReconciliation
Total
Segments
Daimler
Buses
Mercedes-Benz
Vans
Daimler
Trucks
Mercedes-Benz
Cars
51,175
1,255
52,430
4,753
(61)
30,070
177
21,514
6,085
770
1,910
2,436
748
1,198
26,198
2,268
28,466
2,121
16
15,454
114
9,557
1,821
344
766
905
111
497
9,071
270
9,341
571
1
5,401
54
3,599
657
10
138
500
77
250
4,190
160
4,350
308
1
2,758
1
1,545
229
8
92
114
13
50
101,061
4,493
105,554
8,383
(41)
115,685
535
93,827
14,939
1,156
2,935
6,268
962
2,012
508
(4,493)
(3,985)
327
1,094
19,409
4,499
3,037
7,010
198
1,312
2,858
116
1,056
101,569
–
101,569
8,710
1,053
135,094
5,034
96,864
21,949
1,354
4,247
9,126
1,078
3,068
in millions of €
Daimler
Financial
Services
10,427
540
10,967
630
2
62,002
189
57,612
6,147
24
29
2,313
13
17