Changes in external reporting
*
Change in segments
*
Change in geographical break down
*
EBITA replaces EBITDA
As of January 1, 2010, Ericsson (NASDAQ:ERIC) will report the following segments: Networks, Global Services, Multimedia, Sony Ericsson and ST-Ericsson. The only change compared to previous years is that Network Rollout is now included in Global Services instead of Networks. All other segments are unchanged. With this change the external reporting is aligned with the new internal reporting structure.
As of January 1, 2010, the geographical reporting structure is changed. Instead of five geographical areas, ten regions will be reported which mirrors the new internal geographical organization. A part called "Other" will also be reported, consisting of business not reported in the geographical structure, e.g. embedded modules, cables, power modules as well as intellectual property rights and licenses.
In 2009, Ericsson reported top 15 countries. As of January 1, 2010, top five countries will be reported.
As of January 1, 2010, EBITA for segments will be reported. EBITA is defined as earnings before interest, tax, amortizations and write-downs of acquisition-related intangibles. Previous years, Ericsson has reported EBITDA. The shift to EBITA is done to better reflect the underlying business.
Numbers for 2009 have been restated accordingly.
The layout of the interim reports has been changed. As of the first quarter 2010, the first page of the report will not have bullets in the beginning. Instead, the first page will start with CEO comments, followed by the ordinary summary of key indicators.
Segments as of January 1, 2010:
Networks
Global Services
Of which Network Rollout
Of which Professional Services
Of which Managed Services
Multimedia
Sony Ericsson
ST-Ericsson
Regions as of January 1, 2010:
North America
Latin America
North Europe and Central Asia
Western and Central Europe
Mediterranean
Middle East
Sub-Saharan Africa
India
China and Northeast Asia
South East Asia and Oceania
Other
Notes to editors:
Our multimedia content is available at the broadcast room: www.ericsson.com/broadcast_room
Change in segments
*
Change in geographical break down
*
EBITA replaces EBITDA
As of January 1, 2010, Ericsson (NASDAQ:ERIC) will report the following segments: Networks, Global Services, Multimedia, Sony Ericsson and ST-Ericsson. The only change compared to previous years is that Network Rollout is now included in Global Services instead of Networks. All other segments are unchanged. With this change the external reporting is aligned with the new internal reporting structure.
As of January 1, 2010, the geographical reporting structure is changed. Instead of five geographical areas, ten regions will be reported which mirrors the new internal geographical organization. A part called "Other" will also be reported, consisting of business not reported in the geographical structure, e.g. embedded modules, cables, power modules as well as intellectual property rights and licenses.
In 2009, Ericsson reported top 15 countries. As of January 1, 2010, top five countries will be reported.
As of January 1, 2010, EBITA for segments will be reported. EBITA is defined as earnings before interest, tax, amortizations and write-downs of acquisition-related intangibles. Previous years, Ericsson has reported EBITDA. The shift to EBITA is done to better reflect the underlying business.
Numbers for 2009 have been restated accordingly.
The layout of the interim reports has been changed. As of the first quarter 2010, the first page of the report will not have bullets in the beginning. Instead, the first page will start with CEO comments, followed by the ordinary summary of key indicators.
Segments as of January 1, 2010:
Networks
Global Services
Of which Network Rollout
Of which Professional Services
Of which Managed Services
Multimedia
Sony Ericsson
ST-Ericsson
Regions as of January 1, 2010:
North America
Latin America
North Europe and Central Asia
Western and Central Europe
Mediterranean
Middle East
Sub-Saharan Africa
India
China and Northeast Asia
South East Asia and Oceania
Other
Notes to editors:
Our multimedia content is available at the broadcast room: www.ericsson.com/broadcast_room
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