Porsche 2003 Annual Report Download - page 112

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108
Financial Statements 2003 ⁄ 04
Segment Reporting for the Porsche Group as of July 31, 2004
Germany North America
2003 ⁄ 04 2002 ⁄ 03 2003 ⁄ 04 2002 ⁄ 03
€ million € million € million € million
Sales to third parties 2,295.9 1,992.1 2,179.5 2,127.6
Sales to other segments 3,484.8 3,203.9 4.3 5.2
Segment income 876.3 1,047.5 117.2 22.4
Interest income 73.4 84.0 20.0 19.8
Interest expenses 37.8 56.5 10.3 30.4
Income/loss from investments in associated companies 2.8 0.8 1.6 – 0.4
Extended cash flow 1,324.8 1,235.3 227.7 216.0
Segment assets 5,112.1 4,118.4 2,215.7 1,977.4
Segment liabilities 3,028.6 2,442.2 2,032.6 1,525.9
Capital expenditures 1) 1,023.2 753.5 446.2 519.6
1) Capital expenditures include additions from purchase accounting
in Germany of 156.7 million euro, 4.8 million euro in North America
and 2.0 million euro in Europe excluding Germany.
Geographical Segment Reporting
Business Segment Reporting for the Porsche Group
Business Segment Reporting for the Porsche Group
Balance sheet of each segment Vehicles Financial Services
2003 ⁄ 04 2002 ⁄ 03 2003 ⁄ 04 2002 ⁄ 03
€ million € million € million € million
Assets
Fixed assets 1,773.4 1,503.1 1,567.7 1,375.2
Current assets and prepaid expenses 4,418.8 2,896.3 1,173.5 1,051.3
6,192.2 4,399.4 2,741.2 2,426.5
Shareholders’ Equity and Liabilities
Shareholders’ equity 2,349.8 1,839.9 240.7 131.7
Liabilities 3,842.4 2,559.5 2,500.5 2,294.8
6,192.2 4,399.4 2,741.2 2,426.5
Vehicles Financial Services
2003 ⁄ 04 2002 ⁄ 03 2003 ⁄ 04 2002 ⁄ 03
€ million € million € million € million
Sales third parties 5,803.4 5,082.8 556.0 499.2
Sales other segments 141.4 22.0 32.1 12.5
Extended cash flow 1,180.6 1,063.7 417.7 281.7
Segment assets 6,192.2 4,399.4 2,741.2 2,426.5
Capital expenditures 2) 618.2 590.6 878.6 712.5
2) Capital expenditures include additions
from purchase accounting in the Vehicles segment of 45.3 million euro
and 118.2 million euro in the Financial Services segment.