Annual Report 2012 - Knorr-Bremse AG.

168 SEGMENT REPORT
Segment Report in Compliance with GAS 3 (German Accounting Standard)
In order to comply with GAS 3, Knorr-Bremse AG has compiled the following report on three segments
that are subject to reporting requirements. The breakdown by segment is based on the Group’s activities
in the three major geographical regions that provide the geographical framework for the Group’s
internal organizational and reporting structures. The operating segments cover three regions: Europe,
the Americas and Asia/Australia, each of which is characterized by different market and customer demands.
The Knorr-Bremse Group’s main product lines – braking systems for rail and commercial vehicles
– are represented in all three regions.
Fiscal Year 2012 Europe Americas Asia/
Australia
Knorr-Bremse
Group
in EUR thousands (TEUR)
Sales by region 2,490,622 1,140,399 1,075,696 4,706,717
(thereof net sales with third parties) 2,181,783 1,070,857 1,047,468 4,300,108
(thereof net sales with other segments) 308,839 69,542 28,228 406,609
Net income 145,535 64,340 85,152 295,027
Income tax charge 83,086 36,732 48,614 168,432
Investments (excluding financial investments) 78,399 62,480 24,924 165,803
Depreciation (excluding financial investments) 95,500 30,390 33,950 159,840
Result for associated companies (875) 188 0 (687)
Result for affiliated and other companies 30 0 0 30
Assets 1,305,541 589,035 720,457 2,615,033
Fiscal Year 2011 Europe Americas Asia/
Australia
Knorr-Bremse
Group
in EUR thousands (TEUR)
Sales by region 2,582,660 1,064,929 1,078,656 4,726,245
(thereof net sales with third parties) 2,169,485 1,020,007 1,051,305 4,240,797
(thereof net sales with other segments) 413,175 44,922 27,351 485,448
Net income 173,881 76,043 79,372 329,296
Income tax charge 89,130 38,979 40,685 168,794
Investments (excluding financial investments) 85,307 38,086 35,471 158,864
Depreciation (excluding financial investments) 76,145 33,269 55,205 164,619
Result for associated companies (200) 0 0 (200)
Result for affiliated and other companies 19 0 0 19
Assets 1,235,951 602,726 691,716 2,530,393