Saab 2012 Annual Report Download - page 84

NOTE 4 Segment Reporting
Saab is one of the world’s leading high technology companies, operating
principally in the areas of defence, aeronautics and civil security. Operations
primarily comprise well-dened areas in defence electronics and missile sys-
tems as well as military and civil aeronautics. Saab is also active in technical
services and maintenance. Saab has a strong position in Sweden and the main
part of sales is generated in Europe. In addition, Saab has local presence in
South Africa, Australia, the .. and other selected countries. As a result of a
reorganisation as of  January , Saab is divided into ve business areas,
which also represent operating segments, Aeronautics, Dynamics, Electronic
Defence Systems, Security and Defence Solutions, and Support and Services.
As of  Combitech is also reported as a business area and an operating seg-
ment. e business areas are described below. Complementing them is Cor-
porate, which comprises Group stas and departments as well as other non-
core operations.
Aeronautics
Aeronautics engages in advanced development of military and civil aviation
technology. e product portfolio includes the Gripen ghter and
Unmanned Aerial Systems (u). Aeronautics also manufactures aircra
components for Saab’s own aircra as well as passenger aircra produced by
others.
Dynamics
Dynamics oers a highly competitive product range comprising ground
combat weapons, missile systems, torpedoes, unmanned underwater vehicles
and signature management systems for armed forces as well as spin-o niche
products for the civil and the defence market, such as unmanned underwater
vehicles for the o-shore industry and D-mapping for the defence market.
Electronic Defence Systems
e operations are based on Saab’s close interaction with customers requiring ef-
cient solutions for surveillance and for threat detection, location and protec-
tion. is has created a unique competence in the area of radar and electronic
warfare, and a product portfolio covering airborne, land-based and naval radar,
electronic support measures and self-protection systems. For increased ight
mission eciency and ight safety we supply mission avionics and safety critical
avionics computers for both civil and military customers.
Security and Defence Solutions
e operations comprise products and solutions in the areas of military com-
mand and control, airborne early warning, training and simulation, air trac
management, maritime security, security and surveillance, and secure, robust
communication.
Support and Services
Support and Services oer reliable, cost-eective service and support for all
of Saab’s markets. is primarily includes integrated support solutions, tech-
nical maintenance and logistics, and products, solutions and services for mil-
itary and civil missions in locations with limited infrastructure.
Combitech
Combitech, an independent subsidiary of the Saab Group, is one of Sweden’s
largest technology consulting rms. ey create solutions for our customers’
specic needs through a combination of high technology and expertise on
the environment and security.
Significant items not affecting cash flow
Signicant items not aecting cash ow in  are a non-recurring item of
 , pertaining to a reduced liability for a contingent consideration
related to the acquisition of Sensis in . is is divided by operating seg-
ment as follows: Electronic Defence Systems   () and Security and
Defence Solutions   (). No signicant items not aecting cash ow
were reported for .
Information on major customers
Saab has one customer, the Swedish Defence Materiel Administration (),
which accounts for  per cent or more of the Group’s revenue.  is a cus-
tomer of every business area, generating total revenue of  , (,)
in .
Information on geographical areas
External sales are distributed to the market where the customer is domiciled,
while xed assets are distributed to the market where the asset is geographi-
cally located.
FINANCIAL INFORMATION > NOTES
80 SAAB ANNUAL REPORT 2012