Note 1. Segment information

1.1 Information on business segments/business areas, continuing operations

	Sandvik Machining Solutions		Sandvik Mining and Rock Technology		Sandvik Materials Technology		Other Operations		Group activities		Eliminations		Group total

MSEK	2018	2019	2018	2019	2018	2019	2018	2019	2018	2019	2018	2019	2018	2019
Revenue
External revenue	40,757	41,123	41,058	44,777	14,697	15,279	3,560	2,059	—	—			100,072	103,238
Internal revenue	723	399	30	16	449	486	149	–0	—	—	–1,351	–901	–0	–0
Total	41,479	41,522	41,088	44,793	15,146	15,766	3,709	2,059	—	—	–1,350	–901	100,072	103,238
Share of results of associated companies	—	0	6	9	39	—	—	—	—	—			45	9
Operating profit/loss by associated areas	9,922	8,380	7,452	8,602	1,307	1,444	659	–4,263	–685	–776			18,655	13,386
Net financing items	—	—	—	—	—	—	—	—	—	—			–795	–1,237
Income tax expense for the year	—	—	—	—	—	—	—	—	—	—			–4,646	–3,421
Profit for the year	9,922	8,318	7,503	8,617	1,307	1,436	659	–4,268	–685	–780			13,214	8,728
Other disclosures
Assets	36,825	39,167	33,930	37,472	16,366	16,830	5,406	1,565	1,489	1,600			94,017	96,634
Investments in associates	5	189	94	103	—	—	—	—	—	—			100	292
Total assets	36,831	39,356	34,024	37,575	16,366	16,830	5,406	1,565	1,489	1,600			94,116	96,926
Unallocated assets	—	—	—	—	—	—	—	—	—	—			23,254	23,240
Total													117,370	120,166
Liabilities	7,441	8,911	10,136	11,061	3,862	4,016	701	606	1,162	1,476			23,301	26,070
Unallocated liabilities	—	—	—	—	—	—	—	—	—	—			35,936	32,187
Total													59,237	58,258
Capital expenditure	2,339	–2,284	677	–857	694	–687	76	–75	133	–233			3,920	4,136
Depreciation/Amortization	–2,003	–2,646	–1,289	–1,694	–776	–861	–350	–300	–129	–203			–4,546	–5,704
Impairment losses	–57	–35	–41	–66	132	–142	124	–4,121	–8	0			150	–4,364
Other non–cash expenses	140	481	122	–504	37	–32	–691	–81	–90	129			108	499

All transactions between the business areas are on market terms. For information regarding business combinations, see Note 30.

1.2 Information by country, continuing operations

(XLS:) Download

Revenue by country, Group	2018	2019
USA	14,302	15,792
Germany	7,916	7,104
China	7,299	6,943
Australia	6,415	6,756
Russia	3,921	4,679
Canada	3,653	4,351
UK	3,180	3,889
Italy	3,817	3,827
Sweden	3,951	3,596
Mexico	3,588	3,458
South Africa	3,102	3,356
France	3,299	3,295
India	3,019	3,025
Japan	2,273	2,242
Indonesia	1,730	2,111
Brazil	1,628	1,713
Chile	1,231	1,545
Poland	1,319	1,389
Norway	1,504	1,275
Spain	1,194	1,270
Austria	1,140	1,238
Korea	1,237	1,144
Finland	1,030	1,078
Czech Republic	988	953
Other countries	17,338	17,209
Total	100,072	103,238

Income is specified by country based on where customers are.

(XLS:) Download

Non-current assets by country, Group	2018	2019
Sweden	13,549	13,331
USA	9,848	6,963
France	4,442	4,440
Germany	3,833	3,902
Austria	2,565	2,556
Finland	2,062	2,137
UK	1,874	2,003
China	1,595	1,854
India	774	1,328
Canada	1,180	1,200
Czech Republic	823	905
Australia	622	588
Italy	617	589
Japan	532	582
Switzerland	423	405
Other countries	2,872	2,935
Total	47,612	45,717

Non-current assets include intangible assets and property, plant and equipment, and are specified by country based on where the customers are.