The division into business areas reflects Addtech's internal organisation and reporting system. Addtech reports its business areas as operating segments. The four business areas were Addtech Components, Addtech Energy & Equipment, Addtech Industrial Solutions and Addtech Life Science until 31 March 2012. A minor reorganisation took place per 1 April 2012. Pro forma reporting for the new organisation is shown below in addition to the organisation until 31 March 2012 inclusive. This market grouping reflects a natural division of markets in the Group. Addtech uses operating profit as a measurement of earnings for monitoring the business areas. Intra-Group sales are based on the same prices that an independent party would pay for the product.
The Group's reorganisation as of 1 April 2012 involved moving a number of companies between our business areas and forming two new business units. We created a new business unit called Industrial Products in the Industrial Solutions business area. Industrial Products was formed from the companies in the Mechanics business unit and from several companies from the Motion Technology business unit. As a result of the Mechanics companies moving to Industrial Solutions, the Energy & Equipment business area is changing names to just Addtech Energy. In Addtech Energy, a new business unit by the name of Energy Products has been formed from companies from Energy Supply and Customised Solutions. Additionally, the business unit MI Group was moved from the Industrial Solutions business area to the Components business area. The purpose of the organisational change is for the companies to achieve greater potential for growth and efficiency. This can occur now that the companies can capitalise more easily on each other's networks, expertise and experiences, and by them having similar strategies, challenges, customers, products and solutions. Addtech's business areas according to the new organisation are described below.
Addtech Components markets and sells components and subsystems in mechanics, electromechanics, hydraulics and electronics as well as automation solutions to customers in manufacturing.
Addtech Energy markets and sells battery solutions, electric power distribution products and products for electrical safety, electrical installations and connection technology. Its customers are in the energy and telecom sectors and the commercial vehicle industry.
Addtech Industrial Solutions markets and sells machinery components, polymer products, electric motors and transmissions, customised products in electromechanics and equipment and consumables for customers in manufacturing. Products under own brands are marketed and sold to industrial customers locally and globally.
Addtech Life Science markets and sells instruments, consumable supplies and services to laboratories in healthcare and research, diagnostic equipment for the healthcare sector and process and analysis equipment for industry.
| Data by operating segment | 2011/2012 | 2010/2011 | ||||
| Revenue | External | Internal | Total | External | Internal | Total |
| Components | 1,567 | 1 | 1,568 | 1,405 | 1 | 1,406 |
| Energy | 1,392 | 0 | 1,392 | 1,069 | 0 | 1,069 |
| Industrial Solutions | 1,239 | 6 | 1,245 | 1,060 | 6 | 1,066 |
| Life Science | 1,002 | 0 | 1,002 | 884 | 0 | 884 |
| Parent Company and Group items | 0 | -7 | -7 | 0 | -7 | -7 |
| Total | 5,200 | 0 | 5,200 | 4,418 | 0 | 4,418 |
| 2011/2012 | 2010/2011 | |||||
| Operating profit/loss, assets and liabilities | Operating profit /loss | Assets 1) | Liabilities 1) | Operating profit /loss | Assets 1) | Liabilities 1) |
| Components | 125 | 815 | 266 | 105 | 659 | 210 |
| Energy | 151 | 720 | 247 | 118 | 569 | 185 |
| Industrial Solutions | 112 | 534 | 193 | 79 | 519 | 195 |
| Life Science | 98 | 589 | 168 | 90 | 489 | 151 |
| Parent Company and Group items | -16 | 74 | 841 | -12 | 73 | 646 |
| Operating profit/loss, assets and liabilities | 470 | 2,732 | 1,715 | 380 | 2,309 | 1,387 |
| Finance income and expenses | -23 | -16 | ||||
| Profit after financial items | 447 | 364 | ||||
| 1) Does not include balances in Group accounts or financial transactions with Group companies. | ||||||
| Data by operating segment | 2011/2012 | 2010/2011 | ||||
| Revenue | External | Internal | Total | External | Internal | Total |
| Components | 1,243 | 0 | 1,243 | 1,128 | 0 | 1,128 |
| Energy & Equipment | 1,133 | 0 | 1,133 | 850 | 1 | 851 |
| Industrial Solutions | 1,822 | 8 | 1,830 | 1,556 | 11 | 1,567 |
| Life Science | 1,002 | 0 | 1,002 | 884 | 0 | 884 |
| Parent Company and Group items | – | -8 | -8 | – | -12 | -12 |
| Total | 5,200 | 0 | 5,200 | 4,418 | 0 | 4,418 |
| 2011/2012 | 2010/2011 | |||||
| Operating profit/loss, assets and liabilities | Operating profit /loss | Assets 1) | Liabilities 1) | Operating profit /loss | Assets 1) | Liabilities 1) |
| Components | 97 | 644 | 227 | 82 | 491 | 172 |
| Energy & Equipment | 128 | 589 | 209 | 91 | 423 | 165 |
| Industrial Solutions | 163 | 837 | 270 | 128 | 833 | 253 |
| Life Science | 98 | 588 | 168 | 90 | 489 | 151 |
| Parent Company and Group items | -16 | 74 | 841 | -11 | 73 | 646 |
| Operating profit/loss, assets and liabilities | 470 | 2,732 | 1,715 | 380 | 2,309 | 1,387 |
| Finance income and expenses | -23 | -16 | ||||
| Profit after financial items | 447 | 364 | ||||
| 1) Does not include balances in Group accounts or financial transactions with Group companies. | ||||||
| 2011/2012 | 2010/2011 | |||||
| Investments in non-current assets | Intangible | Property, plant and equipment | Total | Intangible | Property, plant and equipment | Total |
| Components | – | 4 | 4 | – | 8 | 8 |
| Energy & Equipment | 0 | 5 | 5 | 0 | 2 | 2 |
| Industrial Solutions | 1 | 8 | 9 | 1 | 11 | 12 |
| Life Science | 1 | 14 | 15 | – | 14 | 14 |
| Parent Company and Group Items | 4 | 1 | 5 | 3 | 2 | 5 |
| Total | 6 | 32 | 38 | 4 | 37 | 41 |
| 2011/2012 | 2010/2011 | |||||
| Depreciation/amortisation of non-current assets | Intangible | Property, plant and equipment | Total | Intangible | Property, plant and equipment | Total |
| Components | 12 | 4 | 16 | 10 | 4 | 14 |
| Energy & Equipment | 13 | 4 | 17 | 8 | 3 | 11 |
| Industrial Solutions | 13 | 15 | 28 | 12 | 15 | 27 |
| Life Science | 10 | 16 | 26 | 7 | 14 | 21 |
| Parent Company and Group Items | 5 | 1 | 6 | 5 | 1 | 6 |
| Total | 53 | 40 | 93 | 42 | 37 | 79 |
| Significant profit or loss items, other than depreciation or amortisation, not matched by payments in 2011/2012 | Capital gains | Change in pension liability | Other items | Total | ||
| Components | 0 | 0 | -1 | -1 | ||
| Energy & Equipment | 1 | 0 | -4 | -3 | ||
| Industrial Solutions | 0 | -1 | -3 | -4 | ||
| Life Science | 0 | -1 | -1 | -2 | ||
| Parent Company and Group Items | 0 | 0 | 1 | 1 | ||
| Total | 1 | -2 | -8 | -9 | ||
| Data by country | 2011/2012 | 2010/2011 | ||||
| Revenue, external | Assets 1) | Of which non-current assets | Revenue, external | Assets 1) | Of which non-current assets | |
| Sweden | 2,148 | 1,508 | 705 | 1,993 | 1,311 | 569 |
| Denmark | 742 | 350 | 115 | 647 | 338 | 123 |
| Finland | 779 | 369 | 163 | 652 | 365 | 177 |
| Norway | 681 | 338 | 156 | 403 | 145 | 54 |
| Other countries | 850 | 122 | 18 | 723 | 78 | 20 |
| Parent Company, Group items and unallocated assets | – | 45 | 11 | – | 72 | 12 |
| Total | 5,200 | 2,732 | 1,168 | 4,418 | 2,309 | 955 |
| 1) Does not include Group account balances and financial assets. External revenues are based on the customers' location, and the carrying amounts of assets are based on where the assets are located. | ||||||
| 2011/2012 | 2010/2011 | |||||
| Investments in non-current assets | Intangible | Property, plant and equipent | Total | Intangible | Property, plant and equipent | Total |
| Sweden | 5 | 20 | 25 | 3 | 23 | 26 |
| Denmark | 1 | 4 | 5 | 1 | 10 | 11 |
| Finland | 0 | 3 | 3 | 0 | 1 | 1 |
| Norway | – | 3 | 3 | 0 | 1 | 1 |
| Other countries | 0 | 2 | 2 | 0 | 2 | 2 |
| Total | 6 | 32 | 38 | 4 | 37 | 41 |