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AAK Annual Report 2016

75 127(±6(*0(175(3257,1* The Group’s operations are organizationally divided into business segments based on product. The marketing organization also reflects this structure. All transactions between business segments are recognized at market value. Assets and liabilities not attributed to a segment include tax assets and tax liabilities, financial investments and financial liabilities, as well as cash and cash equivalents and interest-bearing receivables. The external sales are based on where our customers are located. The carrying amounts of assets and the direct investment in plant for the period are determined by the location of the assets. The Group has applied hedge accounting based on fair-value hedging. 6HJPHQWEDVHGUHSRUWLQJLVSUHSDUHGLQDFFRUGDQFHZLWKWKHDFFRXQWLQJSROLFLHVGHVFULEHGLQ1RWH´$FFRXQWLQJ3ROLFLHV´ Reporting by primary segments/business areas 2016 Food Ingredients Chocolate & Confectionery Fats Technical Products & Feed Group Functions Eliminations Group Net sales External sales 14,707 6,117 1,233 - - 22,057 Internal sales 1,512 2,662 46 - -4,220 - Group total 16,219 1,279 - -4,220 Operating profit/loss by business segment 2016 Food Ingredients Chocolate & Confectionery Fats Technical Products & Feed Group Functions Eliminations Group Operating profit/loss 996 664 100 -145 - 1,615 Total 996 664 100 - Other Assets 9,082 6,103 856 105 - 16,146 Unallocated assets - - - - 1,038 Group total 6,103 - Liabilities 2,920 1,644 468 270 - 5,302 Unallocated liabilities - - - - - 4,306 Group total 2,920 1,644 270 - Investments 413 520 33 6 - 972 Depreciation, amortization and impairment loss 247 176 39 2 - 464 Reporting by market 2016 Sweden Denmark Other Nordic countries Central and Eastern Europe Western Europe North and South America Asia Other countries Total External sales 1,840 362 754 1,851 5,326 8,578 3,064 282 22,057 Intangible assets and property, plant and equipment 1,070 1,212 - 0 914 2,851 1,004 156 7,207 Other assets 2,102 911 4 102 1,504 3,421 851 1,082 9,977 Total assets 3,172 2,123 4 102 6,272 Investments 99 99 - 0 128 335 303 8 972


AAK Annual Report 2016
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