Volvo 2013 Annual Report Download - page 136

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2012 Trucks Con struction
Equipment Buses Volvo
Penta Volvo Aero
Group
functions
and other
incl. elim. Industrial
Operations Customer
Finance Elimina-
tions Volvo
Group
Net sales, external
customers 187,120 62,449 18,938 7,470 5,219 9,488 290,683 9,131 – 299,814
Net sales, internal 2,036 1,109 649 161 (2,440) 1,515 652 (2,167) 0
I/S Net sales 189,156 63,558 19,587 7,631 5,219 7,048 292,198 9,783 (2,167) 299,814
Expenses (178,507) (57,891) (19,561) (7,082) (4,444) (8,240) (275,725) (8,287) 2,167 (281,845)
I/S Income from invest-
ments in joint ventures and
associated companies 130 12 (43) 99 99
I/S Operating income 10,779 5,667 37 549 775 (1,235) 16,573 1,496 0 18,069
I/S Interest income and
similar credits 453 – 453
I/S Interest expense
and similar charges (2,949) – (2,949)
I/S Other fi nancial
income and expense (78) – (78)
I/S Income after
nancial items 13,999 1,496 0 15,495
Other segment
information
Depreciation and
amor tization (8,238) (1,752) (347) (309) (1,214) (11,860) (2,768) – (14,628)
Restructuring cost s (1,343) (13) (107) (17) (29) (1,509) (15) (1,524)
Gains/losses from
divestments 28–––568596 –596
Capital expenditure 10,811 1,712 314 171 0 5,232 18,239 6,544 (76) 24,707
B/S Investments in joint
ventures and associated
companies (the equity
method) 2,611 – 147 – – 1,765 – 4,523
Internal sales between segments are generally made at standard cost of sales, including calculated interest and product improvement expenses.
Internal sales from service companies are generally made at market price.
Reporting by market Net sales Non-current assets1
2013 2012 2013 2012
Europe 105,296 111,606 72,627 70,810
of which Sweden 9,020 12,133 25,929 27,705
of which France 21,886 24,273 19,089 17,207
North America 63,074 71,101 17,900 23,908
of which USA 49,727 56,441 14,649 19,923
South America 29,751 29,164 2,271 1,872
of which Brazil 20,939 18,662 1,861 1,515
Asia 53,500 65,445 20,774 24,321
of which China 15,949 19,105 2,404 2,120
of which Japan 14,219 18,987 13,814 17,992
Other markets 21,001 22,498 923 998
I/S B/S Total 272,622 299,814 114,493 121,909
1 Non-current assets include intangible and tangible assets.
The reporting of net sales by market is based on where the customers are
located.
132
FINANCIAL INFORMATION 2013