Mercedes 2013 Annual Report Download - page 255

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F | Consolidated Financial Statements | Notes to the Consolidated Financial Statements
Information related to geographic areas. With respect
to information about geographical regions, revenue is allocated
to countries based on the location of the customer; non-current
assets are presented according to the physical location of these
assets.
Table  F.92 presents segment information as of and
for the years ended December31, 2013 and 2012.
Daimler Trucks. In January 2013, Daimler Trucks decided
on workforce adjustments in Germany and Brazil. Expenses
recorded in this regard amounted to €116 million in 2013,
of which €50 million was already cash effective (see also Note 5).
Daimler Buses. In the first half of 2012, Daimler Buses
decided to restructure some sections of its business system
in Europe and North America. Expenses recorded in this
regard amounted to €39 million in 2013 (2012: €155 million).
The respective cash outflows amounted to €39 million
in 2013 (2012: €28 million) (see also Note 5).
Daimler Financial Services. The interest income and interest
expenses of Daimler Financial Services are included in revenue
and cost of sales, and are presented in Notes 4 and 5.
Reconciliations. Reconciliations of the total segment
amounts to respective items included in financial statements
are presented in table  F.93.
In 2013, the reconciliation to Group EBIT includes in the line item
“Share of profit from investments accounted for using the
equity method” mainly profit from the revaluation and disposal
of the remaining 7.4% of the EADS shares in the amount of
€3,356 million (from the disposal of EADS shares in 2012: €913
million). Furthermore, it includes the profit from accounting
the EADS shares using the equity method until losing significant
influence in the amount of €41 million (2012: €311 million)
(see Note 13).
The reconciliation to Group EBIT includes in the line item
“Other corporate items” the loss from the disposal of the EADS
shares in the amount of €140 million which is disclosed within
line item other financial income, net.
Revenue and non-current assets by region. Revenue
from external customers and non-current assets by region
are shown in table  F.94.
Reconciliation to Group figures
2013 2012
In millions of euros
Total segments’ profit (EBIT) 7,666 7,701
Share of profit from
investments accounted for using
the equity method1
3,398
1,224
Other corporate items -331 -113
Eliminations 82 8
Group EBIT 10,815 8,820
Amortization of capitalized
borrowing costs3
-4
0
Interest income 212 233
Interest expense -884 -937
Profit before income taxes 10,139 8,116
Total of segments’ assets 166,061 158,926
Investments accounted for using
the equity method2
596
1,387
Income tax assets41,939 2,633
Unallocated financial assets
(including liquidity) and assets
from defined benefit plans4
14,560
13,816
Other corporate items and eliminations -14,638 -13,700
Group assets 168,518 163,062
Total of segments’ liabilities 129,086 123,979
Income tax liabilities461 -84
Unallocated financial liabilities
and liabilities from defined benefit plans4
11,551
14,350
Other corporate items and eliminations -15,543 -14,513
Group liabilities 125,155 123,732
1 Includes mainly the Group’s proportionate share in the investment and
results of EADS.
2 Includes mainly the equity investment in BAIC Motor in 2013 and the
equity investment in EADS in 2012.
3 Amortization of capitalized borrowing costs is not considered in internal
performance measure “EBIT”, but is included in cost of sales.
4 Industrial business
F.93
F.94
Revenue and non-current assets by region
2013 2012 2013 2012
Revenue
by region
Non-current assets
by region
In millions of euros
Western Europe 41,123 39,377 38,371 34,993
thereof Germany 20,227 19,722 32,070 29,889
United States 28,597 27,233 14,839 13,889
Other American Countries 10,168 9,734 2,496 2,715
Asia 24,481 25,126 1,667 2,035
thereof China 10,705 10,782 41 46
Other countries 13,613 12,827 1,954 1,910
117,982 114,297 59,327 55,542