Note Segment reporting
106
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. Segment-based reporting is prepared in
accordance with the accounting policies described in Note 2
”Accounting Policies”.
28
Reporting by primary segments/business areas
2019
Food
Ingredients
Chocolate &
Confectionery Fats
Technical
Products & Feed
Group
Functions Eliminations Group
Net sales
External sales 18,978 8,076 1,456 - - 28,510
Internal sales 2,111 6,188 2 - -8,301 -
Group total 21,089 14,264 1,458 - -8,301 28,510
Operating profit/loss by business segment
2019
Food
Ingredients
Chocolate &
Confectionery Fats
Technical
Products & Feed
Group
Functions Eliminations Group
Operating profit/loss 1,366 794 150 -168 - 2,142
Total 1,366 794 150 -168 - 2,142
Other
Assets 11,427 9,079 910 54 - 21,470
Unallocated assets - - - - 1,449
Group total 11,427 9,079 910 54 - 22,919
Liabilities 3,565 2,761 596 209 - 7,131
Unallocated liabilities - - - - - 5,367
Group total 3,565 2,761 596 209 - 12,498
Investments 354 387 45 6 - 792
Depreciation, amortization and impairment loss 405 231 40 11 - 687