Invacare 2006 Annual Report Download - page 94

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2006 2005 2004
Earnings (loss) before income taxes
North America/HME .......................... $ (320,556) $ 53,303 $ 87,139
Invacare Supply Group ......................... 3,291 6,428 7,312
Institutional Products Group ..................... 4,789 5,747 12,264
Europe ..................................... 26,077 29,255 18,705
Asia/Pacific ................................. (7,318) (4,418) 1,430
All Other (1) ................................ (15,807) (19,013) (16,478)
Consolidated ................................ $ (309,524) $ 71,302 $ 110,372
Assets (2)
North America/HME .......................... $ 430,121 $ 719,366 $ 665,098
Invacare Supply Group ......................... 90,086 81,895 76,697
Institutional Products Group ..................... 43,918 44,372 46,953
Europe ..................................... 751,502 671,642 710,510
Asia/Pacific ................................. 98,737 74,101 69,685
All Other (1) ................................ 76,087 55,396 59,181
Consolidated ................................ $1,490,451 $1,646,772 $1,628,124
Long-lived assets (2)
North America/HME .......................... $ 65,264 $ 374,023 $ 377,529
Invacare Supply Group ......................... 61,363 54,447 24,858
Institutional Products Group ..................... 31,374 32,457 33,665
Europe ..................................... 563,479 508,196 548,843
Asia/Pacific ................................. 50,760 38,866 31,797
All Other (1) ................................ 62,453 44,317 46,161
Consolidated ................................ $ 834,693 $1,052,306 $1,062,853
Expenditures for assets
North America/HME .......................... $ 9,478 $ 19,242 $ 13,607
Invacare Supply Group ......................... 853 338 825
Institutional Products Group ..................... 828 427 819
Europe ..................................... 8,041 5,470 20,064
Asia/Pacific ................................. 2,559 5,438 6,441
All Other (1) ................................ 30 9 1
Consolidated ................................ $ 21,789 $ 30,924 $ 41,757
(1) Consists of un-allocated corporate selling, general and administrative costs and intercompany profits, which do
not meet the quantitative criteria for determining reportable segments.
(2) As a result of increasing the number of reporting segments in 2006, the company allocated a portion of the
goodwill related to the former North American segment to the Invacare Supply Group and Institutional
Products Group segments based upon the relative fair values of each of the three segments now comprising
FS-35
INVACARE CORPORATION AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)
Business Segments — Continued