6. Information by reportable segment

 

Asia Pacific

Latin America

Europe

North America

Middle East Africa

Corporate/Eliminations

Total Group

 

2015

20141

2015

2014

2015

2014

2015

2014

2015

2014

2015

20141

2015

20141

Capacity and sales

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1

Restated due to changes in accounting policies, see note 2.

2

The amounts of CHF –904 million and CHF –971 million include the merger related provision for restructuring of CHF 250 million, see note 29.

3

Property, plant and equipment acquired during the period, net of disposals.

4

Net investments in property, plant and equipment, Group companies, financial assets, intangible and other assets.

5

The amount of CHF 6,354 million (2014: CHF –1 million) consists of borrowings by Corporate from third parties amounting to CHF 20,345 million (2014: CHF 9,997 million) and eliminations for cash transferred to regions of CHF 13,991 million (2014: CHF 9,998 million).

Million t

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Annual cement production capacity

161.7

93.8

39.5

35.3

77.8

46.8

32.3

21.9

62.6

11.0

 

 

374.0

208.8

Sales of cement

96.8

69.1

26.0

24.6

33.6

26.4

16.7

13.0

24.9

8.3

(5.0)

(3.2)

193.1

138.2

Sales of aggregates

29.4

24.8

6.5

7.5

103.6

73.1

85.6

45.7

6.4

2.0

 

 

231.5

153.1

Million m3

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Sales of ready-mix concrete

13.2

10.8

6.8

6.4

16.5

11.9

8.1

7.2

2.9

0.7

 

 

47.6

37.0

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Statement of income, statement of financial position and statement of cash flows

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Million CHF

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net sales to external customers

7,589

6,640

2,983

2,896

5,982

5,208

4,704

3,336

2,325

745

 

 

23,584

18,825

Net sales to other segments

42

38

69

117

271

346

 

 

103

117

(485)

(618)

 

 

Total net sales

7,631

6,679

3,053

3,012

6,252

5,554

4,704

3,336

2,428

861

(485)

(618)

23,584

18,825

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating profit (loss)

296

861

(203)

663

(396)

510

412

314

123

220

(971)2

(324)

(739)

2,244

Operating profit (loss) margin in %

3.9

12.9

(6.6)

22.0

(6.3)

9.2

8.8

9.4

5.1

25.5

 

 

(3.1)

11.9

Depreciation, amortization and impairment of operating assets

(982)

(371)

(1,069)

(197)

(1,318)

(482)

(528)

(286)

(457)

(56)

(67)

(10)

(4,421)

(1,402)

of which impairment charge relating to property, plant and equipment

(477)

(2)

(439)

(5)

(490)

(7)

(149)

(5)

(1)

 

 

 

(1,556)

(19)

of which impairment charge relating to goodwill

(1)

 

(421)

 

(311)

(1)

 

 

(228)

 

(1)

 

(962)

(1)

of which impairment charge relating to intangible assets

 

 

(13)

 

(27)

 

 

 

 

 

 

 

(40)

 

Operating EBITDA

1,277

1,232

866

861

922

991

940

600

581

276

(904)2

(314)

3,682

3,647

Operating EBITDA margin in %

16.7

18.4

28.4

28.6

14.7

17.8

20.0

18.0

23.9

32.1

 

 

15.6

19.4

Other (expenses) income (excluding depreciation, amortization and impairment of non-operating assets)

(24)

(120)

(207)

(103)

(136)

(131)

(50)

(23)

(34)

(13)

1,345

573

893

183

Share of profit of associates and joint ventures

18

18

0

(1)

30

6

6

 

(2)

 

106

171

157

195

Other financial income

12

9

8

6

4

5

0

1

1

 

4

67

28

89

EBITDA

1,284

1,139

667

763

819

872

896

577

546

264

550

498

4,761

4,114

Investments in associates and joint ventures

251

177

0

0

1,441

265

28

 

73

2

1,378

1,531

3,172

1,975

Net operating assets

12,065

7,019

3,694

3,456

12,246

7,964

12,064

6,282

9,523

852

177

(16)

49,770

25,557

Total assets

19,685

11,453

5,096

5,436

18,165

12,713

15,364

7,568

12,512

1,240

2,475

1,081

73,298

39,490

Total liabilities

7,260

4,756

3,497

3,597

9,474

6,283

6,359

4,109

4,632

634

6,3545

(1)5

37,577

19,378

Cash flow from operating activities

932

778

306

283

453

485

699

384

517

163

(441)

390

2,465

2,484

Cash flow margin in %

12.2

11.7

10.0

9.4

7.2

8.7

14.9

11.5

21.3

18.9

 

 

10.5

13.2

Capital expenditures3

558

752

269

490

369

354

453

119

327

20

13

2

1,988

1,737

Cash flow from investing activities4

(91)

(844)

(313)

(477)

289

(415)

753

(115)

95

(23)

4,500

172

5,234

(1,702)

Income taxes paid

247

201

200

247

338

151

58

22

96

48

 

 

940

669

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Personnel

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Number of personnel

36,199

31,403

11,707

10,733

23,950

15,399

11,265

6,777

16,123

1,928

1,712

897

100,956

67,137

Reconciling measures of profit and loss to the consolidated statement of income of LafargeHolcim

Million CHF

Notes

2015

20141

1

Restated due to changes in accounting policies, see note 2.

Operating (loss) profit

 

(739)

2,244

Depreciation, amortization and impairment of operating assets

9

4,421

1,402

Operating EBITDA

 

3,682

3,647

Other income

10

1,219

185

Other expenses (excluding depreciation, amortization and impairment of non-operating assets)

10

(326)

(1)

Share of profit of associates and joint ventures

21

157

195

Other financial income

11

28

89

EBITDA

 

4,761

4,114

Depreciation, amortization and impairment of operating assets

9

(4,421)

(1,402)

Depreciation, amortization and impairment of non-operating assets

10

(89)

(4)

Interest earned on cash and cash equivalents

11

126

96

Financial expenses

12

(1,060)

(604)

Net (loss) income before taxes

 

(684)

2,201