World Fuel Services 2008 Annual Report Download - page 98

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WORLD FUEL SERVICES CORPORATION AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS—(Continued)
Geographic Information
Information concerning our revenue, income from operations, non-current and total assets, as segregated
between U.S. and foreign, is presented as follows, based on the country of incorporation of the relevant
subsidiary (in thousands):
For the Year ended December 31,
2008 2007 2006
Revenue:
United States . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 8,462,570 $ 5,790,071 $ 4,763,389
Singapore . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5,479,164 4,413,900 3,316,863
United Kingdom . . . . . . . . . . . . . . . . . . . . . . . . . . 3,286,504 2,143,646 1,615,763
Other foreign countries . . . . . . . . . . . . . . . . . . . . . 1,281,165 1,381,938 1,089,121
Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $18,509,403 $13,729,555 $10,785,136
Income (loss) from operations:
United States . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 7,789 $ (289) $ 3,966
Singapore . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 67,666 44,875 35,731
United Kingdom . . . . . . . . . . . . . . . . . . . . . . . . . . 41,759 17,265 16,653
Other foreign countries . . . . . . . . . . . . . . . . . . . . . 36,526 24,037 20,296
Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 153,740 $ 85,888 $ 76,646
As of December 31,
2008 2007
Non-current assets:
United States . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 189,911 $ 97,721
Singapore . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 858 743
United Kingdom . . . . . . . . . . . . . . . . . . . . . . . . . . 15,780 15,921
Other foreign countries . . . . . . . . . . . . . . . . . . . . . 25,927 18,353
$ 232,476 $ 132,738
Total assets:
United States . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 601,179 $ 850,006
Singapore . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 377,063 502,381
United Kingdom . . . . . . . . . . . . . . . . . . . . . . . . . . 333,085 404,577
Other foreign countries . . . . . . . . . . . . . . . . . . . . . 93,299 41,082
$ 1,404,626 $ 1,798,046
Major Customers
During each of the years presented on the consolidated statements of income, none of our customers
accounted for more than 10% of total consolidated revenue.
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