Investor Presentaiton
70
A.P. Moller-Maersk Annual Report 2020
Financials
Consolidated financial statements
Notes index
Note 1 Segment information
Table 1.1
Ocean
Logistics
& Services
Terminals Manufacturing
& Towage
Total
& Others
Full year 2020
External revenue
Inter-segment revenue
28,705
470
Total segment revenue
Unallocated
29,175
6,752
211
6,963
3,007
800
3,807
1,212
42
1,254
Eliminations
Total revenue
39,676
1,523
41,199
83
-1,542
39,740
Segment profit/loss before depreciation, amortisation and impairment losses, etc. (EBITDA)
Unallocated
6,545
454
1,205
165
Eliminations
Consolidated profit/loss before depreciation, amortisation and impairment losses, etc. (EBITDA)¹
8,369
-140
-3
8,226
Profit/loss from joint ventures
Segment gross capital expenditures, excl. acquisitions and divestments (CAPEX)
Unallocated
Eliminations
Consolidated gross capital expenditures, excl. acquisitions and divestments (CAPEX)
Table 1.2
Amounts in USD million =
121
Table 1.1 and Table 1.2
A.P. Moller Maersk has organised segments in Ocean,
Logistics & Services, Terminals & Towage and Manu-
facturing & Others.
The Ocean segment with the activities of Maersk Liner
Business (Maersk Line, Safmarine and Sealand - A Maersk
company) together with the Hamburg Süd brands (Ham-
burg Süd and Aliança), Maersk Oil Trading as well as stra-
tegic transhipment hubs under the APM Terminals brand.
Inland activities related to Maersk Liner Business are
included in the Logistics & Services segment.
The Logistics & Services segment with the logistics and
supply chain management services, container inland ser-
vices, inland haulage activities (intermodal), trade finance
services and freight forwarding.
The Terminals & Towage segment including gateway ter-
minals, involving landside activities such as port activities
where the customers are mainly the carriers, and towage
services under the Svitzer brand.
15
9
653
109
457
25
99
-2
33
1,252
71
-1
1,322
Ocean
Logistics
Terminals Manufacturing
Total
& Services
& Towage
& Others
Full year 2019
External revenue
Inter-segment revenue
28,400
382
Total segment revenue
Unallocated
28,782
6,162
169
6,331
3,135
813
3,948
1,159
217
1,376
38,856
1,581
40,437
Eliminations
54
-1,601
38,890
Total revenue
Segment profit/loss before depreciation, amortisation and impairment losses, etc. (EBITDA)
Unallocated
4,436
216
1,118
136
Eliminations
Consolidated profit/loss before depreciation, amortisation and impairment losses, etc. (EBITDA)¹
5,906
-195
1
5,712
Profit/loss from joint ventures
10
-2
Segment gross capital expenditures, excl. acquisitions and divestments (CAPEX)
Unallocated
1,172
2
126
532
358
87
-2
93
204
2,034
Eliminations
Consolidated gross capital expenditures, excl. acquisitions and divestments (CAPEX)
1
2,035
The Manufacturing & Others segment with Maersk Con-
tainer Industry, Maersk Supply Service and others.
The segment disclosures provided above reflect the infor-
mation which the Executive Board receives monthly in its
capacity as Chief operating decision maker as defined in
IFRS 8. The allocation of resources and the segment per-
formance are evaluated based on revenue and profitability
measured on earnings before interest, taxes, depreciation
and amortisation (EBITDA).
1 Reference is made to the income statement for a recon-
ciliation from EBITDA to profit/loss.View entire presentation