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POLAND
SWITZERLAND
FRANCE
SPAIN
LUXEMBOURG
THE NETHERLANDS
BELGIUM
Segment information is given for the Group’s geographic
segments. The geographic segments reflect the countries in
which the Group operates. Prices for inter-segment
transactions are determined at arm’s length. The segmented
information was drawn up in accordance with IFRS.
Segment results, assets and liabilities of a particular
segment include those items that can be attributed, either
directly or reasonably, to that segment.
Finance income and expense, income tax expense and their
related assets and liabilities are not monitored by segment
by the Group’s CEOs and CFO.
The capital expenditures of a segment are all costs incurred
during the reporting period to acquire assets that are
expected to remain in use in the segment for longer than
one reporting period.
GEOGRAPHIC SEGMENTS
The Group’s activities are managed and monitored on a
country basis. The main geographic markets are Belgium,
France, Spain, The Netherlands and Luxembourg. The
Polish and Swiss activities are combined in the ‘Other’
geographic segment, in accordance with the internal
reporting to the Group’s CEOs and CFO. Luxembourg was
added as a segment as a result of the Utopolis acquisition.
In presenting information on the basis of geographic
segments, revenue from the segment is based on the
geographic location of the customers. The basis used for
the assets of the segments is the geographic location of
the assets.
2. Segment reporting
Geographic
markets
77
05 / FINANCIAL REPORT
KINEPOLIS GROUP
ANNUAL REPORT 2015