SEGMENTED INFORMATION Clause Samples
SEGMENTED INFORMATION. The Corporation has three reportable segments based on how management has organized the business to assess performance and for operating and capital allocation. Cash generating units included within each reportable segment have similar economic characteristics based on the nature of the products or services, type of customers, method of distributing their products or services and regulatory environment. Management evaluates the performance of these segments primarily on revenue and cash flows from operations.
SEGMENTED INFORMATION. The Company operates in three business segments: Specialties - manufacture and sale of groundwood specialty printing papers Newsprint - manufacture and sale of newsprint Pulp and containerboard - manufacture and sale of softwood pulps and containerboard Subsequent to December 31, 2001, the Company segregated its newsprint activities from those relating to groundwood specialty printing papers and reports the results of these activities separately as the Newsprint and Specialties segments. Segment information for prior periods has been restated to reflect this change. The segments are managed separately and all manufacturing facilities are located in Canada. NORSKE SKOG CANADA LIMITED -------------------------------------------------------------------------------- NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS unaudited (in millions of dollars, except where otherwise stated) -------------------------------------------------------------------------------- SEGMENTED FINANCIAL INFORMATION PAPER ------------------------------------------------- PULP AND SPECIALTIES NEWSPRINT SUBTOTAL CONTAINERBOARD TOTAL ------------------------------------------------------------------------------------------ THREE MONTHS ENDED DECEMBER 31, 2002 Net sales (1) $ 216.1 120.5 336.6 69.0 405.6 Depreciation and amortization 23.5 16.3 39.8 6.8 46.6 Operating earnings (loss) (9.6) (19.3) (28.9) (7.4) (36.3) Capital expenditures 15.9 12.1 28.0 13.7 41.7 THREE MONTHS ENDED DECEMBER 31, 2001
SEGMENTED INFORMATION. The Company operates six gold mines and has a significant interest in five joint ventures. In addition, the Company has a 90% interest in E-Crete, a producer of aerated concrete, and several other gold mining assets in various stages of reclamation, closure, care and maintenance and development and two corporate offices in Canada and the United ▇▇▇▇▇▇.▇▇ of December 31, 2001, the Company no longer consolidates the Zimbabwe operation as a result of the political situation in that ▇▇▇▇▇▇▇.▇▇ the products and services in each of the reportable segments, except for the corporate activities, are essentially the same, the reportable segments have been determined at the level where decisions are made on the allocation of resources and capital, and where complete internal financial statements are available. 2003 Third Quarter Report 27 AS AT SEPTEMBER 30, 2003 AND FOR THE NINE MONTHS ENDED SEPTEMBER 30,2003: OWNERSHIP MINING OPERATING LOCATION INTEREST REVENUE COSTS ------------------------------------------------------------------------------------- Operated by Kinross Fort ▇▇▇▇ Alaska 100% $ 105.0 $ 73.7 Kubaka Russia 98.1% 43.3 22.7 Round Mountain Nevada 50% 97.8 54.8 Lupin Nunavut 100% 23.8 32.2 New Britannia Manitoba 50% 9.8 8.9 Joint Venture participant La Coipa Chile 50% 33.4 25.7 Crixas Brazil 50% 22.3 7.3 Brasilia Brazil 49% 23.3 14.4 ▇▇▇▇▇▇▇▇▇▇▇ Ontario 32% 16.0 12.1 Porcupine Ontario 49% 61.0 41.5
SEGMENTED INFORMATION. The Company has two reportable industry segments: gold mining in Canada and the United States and industrial minerals mining and processing in Canada. The Company's gold mines consist principally of the Wharf Mine located in South Dakota and the Red Lake Mine located in northern Ontario. The industrial mineral operations consist of Saskatchewan Minerals, located in Saskatchewan, which produces sodium sulphate primarily for the detergent industry. The Havelock Lime operation, located in New Brunswick, which produces lime and limestone products primarily for the pulp and paper, mining and agricultural industries, was sold in December 1999 (note 4). F-18 139 JUNE 30, DECEMBER 31, ---------------------- ----------------------------------- 2000 1999 1999 1998 1997 --------- --------- --------- --------- --------- GOLD Revenues: Canada................................................ $ -- $ -- $ -- $ -- $ (178) United States......................................... 12,546 13,723 29,770 31,818 34,725 --------- --------- --------- --------- --------- 12,546 13,723 29,770 31,818 34,547 Depreciation, depletion and reclamation................. 1,620 1,117 2,266 2,308 9,415 Writedown of mining interests........................... -- -- -- -- 110,212 Earnings (loss) before taxes............................ (7,971) 641 2,200 1,874 (117,615) Total assets............................................ 140,377 93,375 119,613 82,708 75,425 Expenditures for mining interests....................... 25,302 8,935 29,428 16,784 17,087 INDUSTRIAL MINERALS Revenues: Canada................................................ $ 6,021 $ 10,988 $ 21,957 $ 24,419 $ 27,518 Depreciation, depletion and reclamation................. 282 570 1,154 1,278 1,370 Gain on sale of Havelock Lime........................... -- -- 11,679 -- -- Earnings before taxes................................... 741 2,328 16,031 6,541 7,440 Total assets............................................ 11,930 22,105 12,837 20,658 23,363 Expenditures for mining interests....................... 399 435 847 909 867 TOTAL Revenues: Canada................................................ $ 6,021 $ 10,988 $ 21,957 $ 24,419 $ 27,340 United States......................................... 12,546 13,723 29,770 31,818 34,725 --------- --------- --------- --------- --------- 18,567 24,711 51,727 56,237 62,065 Depreciation, depletion and reclamation................. 1,902 1,687 3,420 3,586 10,785 Gain on sale of Havelock Lime....................
SEGMENTED INFORMATION. The Company operates in one business segment - PKI services and solutions development. This segment engages in business activities from which it earns license, support and services revenue and incurs expenses. All of the Company's assets are located in Canada. Revenues attributable to each geographic region are determined based on the location of the customer. Geographic sales by region are as follows: June 30, September 30, -------------------------- ------------------------- 2000 1999 1999 1998 $ $ $ $ -------------------------------------------------------------------------------- [unaudited] [unaudited] Canada 634,573 405,332 614,478 531,606 Other 19,230 13,840 43,180 --- -------------------------------------------------------------------------------- Total 653,803 419,172 640,668 531,606 -------------------------------------------------------------------------------- The Company sells primarily to Canadian Federal Government departments. Sales to these customers accounted for 84.3% and 90% of the Company's total sales for the years ended September 30, 1998 and 1999, respectively, and 82.4% and 92% of the Company's sales for the periods ended June 30, 1999 and 2000, respectively.
SEGMENTED INFORMATION. The Company’s equipment and exploration and evaluation assets are located in Alabama, USA.
SEGMENTED INFORMATION. The Company operates in three business segments: Specialties - Manufacture and sale of groundwood specialty printing papers and kraft paper Newsprint - Manufacture and sale of newsprint Pulp - Manufacture and sale of softwood pulps Effective January 1, 2003 the Company has segregated its kraft paper activities (previously referred to as containerboard) from its pulp business segment and included it in its specialties business segment. Segment information for prior periods has been restated to reflect these changes. The segments are managed separately and all manufacturing facilities are located in Canada. SPECIALTIES NEWSPRINT PULP TOTAL --------------------------------------- -------- THREE MONTHS ENDED MARCH 31, 2003
SEGMENTED INFORMATION. The Company is involved in the exploration and development of resource properties in certain Scandinavian countries, with corporate operations in Canada. The Company is in the exploration stage and accordingly, has no reportable segment revenues or operating results. The Company's total assets are segmented geographically as follows: Current assets 5,945,775 389,185 6,334,960 Investments 39,018 - 39,018 Property, plant and equipment - 103,075 103,075 Exploration and evaluation assets - 10,866,653 10,866,653 Bond deposit - 31,865 31,865 Current assets 5,518,107 222,371 5,740,478 Investment 24,805 - 24,805 Property, plant and equipment - 175,485 175,485 Exploration and evaluation assets - 7,883,939 7,883,939 Bond deposit - 31,646 31,646 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS _____________________________________________________________________________________________________________________________________
SEGMENTED INFORMATION. The Company’s activities are all in the one industry segment of exploration and evaluation property acquisition, exploration and development. Exploration and evaluation assets are located in the United States.
SEGMENTED INFORMATION. The Company operates as one business segment. The Company develops, assembles and installs VISIUS Surgical Theatres that are used for a variety of medical applications, as well as providing ancillary products and services and extended maintenance services.