Saab 2010 Annual Report Download - page 85

NOTE 4
SEGMENT REPORTING
Saab is one of the world’s leading high technology companies, operating
principally in the areas of defence, aeronautics and civil security. Operations
primarily comprise well-dened areas in defence electronics and missile sys-
tems as well as military and civil aeronautics. Saab is also active in technical
services and maintenance. Saab has a strong position in Sweden and the
large part of sales is generated in Europe. In addition, Saab has a local
presence in South Africa, Australia, the  and other selected countries. As a
result of a reorganisation as of  January , Saab is divided into ve busi-
ness areas, which also represent operating segments, Aeronautics, Dynamics,
Electronic Defence Systems, Security and Defence Solutions, and Support
and Services. e business areas are described below.
Aeronautics
ese operations include the development of civil and military aviation tech-
nology at a high level. e product portfolio includes the Gripen ghter and
Unmanned Aerial Systems (). Aeronautics also manufactures aircra
components for Saab’s own aircra as well as passenger aircra produced by
others.
Dynamics
e product portfolio comprises advanced weapon systems such as support
weapons, missiles, torpedoes, Remotely Operated Vehicles (s) and signa-
ture management systems that are used to make it more dicult for various
types of sensors to detect and identify people or objects.
Electronic Defence Systems
ese operations, which are based on Saab’s extensive expertise in radar and
electronic warfare, develop sophisticated solutions for detection, localisation and
protection. e product portfolio includes air and land-based sensor and radar
systems, systems for electronic warfare, defence electronics and aeronautics.
Security and Defence Solutions
ese operations comprise both the military and civil security market with a
competitive product portfolio consisting of  (computerized command,
control, communications and intelligence) systems, airborne early warning
systems, solutions for civil security, training and simulation systems, and
solutions for telecom operators.
Support and Services
ese operations oer reliable, cost-eective service and support in all mar-
kets where Saab is active. is primarily includes integrated support solu-
tions, technical maintenance and logistics, and products, solutions and serv-
ices for military and civil missions in locations with limited infrastructure.
Significant items not affecting cash flow
Signicant items that do not aect cash ow relate in  to restructuring
expenses of   (), which are divided by operating segment as fol-
lows: Aeronautics   () , Dynamics   (), Electronic
Defence Systems   (), Security and Defence Solutions   (),
Support and Services   () and Corporate   ().
In , a revaluation of remaining risks in the regional aircra portfolio
aected income positively by   without aecting cash ow and was
reported within Corporate.
Information on major customers
Saab has one customer, the Swedish Defence Materiel Administration (),
which accounts for  per cent or more of the Group’s revenue.  is a cus-
tomer of every business area, generating total revenue of  , (,)
in .
Information on geographical areas
External sales are distributed to the market where the customer is domiciled,
while xed assets are distributed to the market where the asset is geographi-
cally located.
FINANCIAL INFORMATION > NOTES
82 SAAB ANNUAL REPORT 2010