Invacare 2007 Annual Report Download - page 101

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INVACARE CORPORATION AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)
Business Segments—Continued
2007 2006 2005
Earnings (loss) before income taxes
North America/HME ..................................... $ 10,793 $ (310,162) $ 54,390
Invacare Supply Group ................................... 3,198 3,291 6,428
Institutional Products Group ............................... 801 4,789 5,747
Europe ................................................ 36,170 26,077 29,255
Asia/Pacific ............................................ (6,750) (7,318) (4,418)
All Other(1) ............................................ (29,722) (26,201) (20,100)
Consolidated ........................................... $ 14,490 $ (309,524) $ 71,302
Assets
North America/HME ..................................... $ 385,532 $ 430,121 $ 719,366
Invacare Supply Group ................................... 88,106 90,086 81,895
Institutional Products Group ............................... 44,806 43,918 44,372
Europe ................................................ 804,677 751,502 671,642
Asia/Pacific ............................................ 104,297 98,737 74,101
All Other(1) ............................................ 72,624 76,087 55,396
Consolidated ........................................... $1,500,042 $1,490,451 $1,646,772
Long-lived assets
North America/HME ..................................... $ 119,866 $ 101,464 $ 403,758
Invacare Supply Group ................................... 24,853 25,163 24,712
Institutional Products Group ............................... 34,880 31,374 32,457
Europe ................................................ 610,074 563,479 508,196
Asia/Pacific ............................................ 56,024 50,760 38,866
All Other(1) ............................................ 63,260 62,453 44,317
Consolidated ........................................... $ 908,957 $ 834,693 $1,052,306
Expenditures for assets
North America/HME ..................................... $ 7,138 $ 9,478 $ 19,242
Invacare Supply Group ................................... 148 853 338
Institutional Products Group ............................... 813 828 427
Europe ................................................ 7,669 8,041 5,470
Asia/Pacific ............................................ 4,272 2,559 5,438
All Other(1) ............................................ 28 30 9
Consolidated ........................................... $ 20,068 $ 21,789 $ 30,924
(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. In addition, the “All other”
earnings (loss) before income taxes includes debt finance charges, interest and fees associated with debt
refinancing and the gain (loss) associated with a consolidated variable interest entity.
FS-37