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G2 Segment information

2024

 

Mining

Rock Processing

Machining and Intelligent Manufacturing

Group activities

Eliminations

Group total

External revenues

63,607

10,704

48,567

122,878

Internal revenues

16

1

517

–533

Total revenue

63,623

10,705

49,084

–533

122,878

Share of results of associates and joint ventures

26

–234

–208

Operating profit

11,934

883

6,318

–715

18,420

Net financial items

50

–32

–123

–7

–1,959

Income tax expense for the year

–4,216

Profit for the year

11,984

851

6,195

–721

12,245

Assets

73,048

16,401

77,245

2,119

168,813

Investments in associates and joint ventures

72

62

134

Assets held for sale

122

273

395

Unallocated assets

15,042

Total assets

73,242

16,401

77,580

2,119

184,384

Liabilities

18,259

3,644

11,325

1,838

35,067

Liabilities held for sale

38

5

43

Unallocated liabilities

52,275

Total liabilities

18,259

3,644

11,363

1,844

87,385

Other disclosures

 

 

 

 

 

 

Capital expenditure

–1,800

–175

–2,805

–60

–4,841

Depreciation and amortization

–2,513

–528

–3,639

–80

–6,760

Impairment losses

–357

–139

–671

–55

–1,221

Other non-cash expenses

20

151

711

940

1,822

Restructuring costs

–494

–395

–1,725

–67

–2,681

2025

 

Mining

Rock Processing

Machining and Intelligent Manufacturing

Group activities

Eliminations

Group total

External revenues

62,971

10,435

47,273

120,680

Internal revenues

22

1

443

–467

Total revenue

62,994

10,437

47,717

–467

120,680

Share of results of associates and joint ventures

17

6

23

Operating profit

12,713

1,341

7,421

–667

20,809

Net financial items

77

–26

–148

–10

–1,351

Income tax expense for the year

–4,767

Profit for the year

12,790

1,315

7,273

–677

14,691

Assets

69,020

14,658

70,085

1,568

155,331

Investments in associates and joint ventures

63

58

121

Unallocated assets

14,408

Total assets

69,083

14,658

70,143

1,568

169,860

Liabilities

18,797

3,329

11,109

1,391

34,627

Unallocated liabilities

41,996

Total liabilities

18,797

3,329

11,109

1,391

76,623

Other disclosures

 

 

 

 

 

 

Capital expenditure

–1,623

–189

–1,985

–9

–3,807

Depreciation and amortization

–2,483

–480

–3,576

–79

–6,617

Impairment losses

–295

–69

–376

–57

–797

Other non-cash expenses

–279

–103

141

–110

–352

Restructuring costs

–40

–52

623

531

Revenue by country

 

2024

2025

USA

17,739

17,636

Australia

14,285

13,731

China

9,123

8,792

Canada

7,699

8,487

Germany

6,542

6,498

South Africa

4,823

4,780

Mexico

5,145

4,757

Indonesia

3,550

3,458

Italy

3,603

3,434

Brazil

3,052

3,276

India

3,561

3,174

France

2,873

2,780

Chile

2,516

2,626

Sweden

2,427

2,280

UK

1,890

1,828

Poland

1,919

1,746

Ghana

1,691

1,549

Peru

1,301

1,461

Japan

1,387

1,368

Spain

1,448

1,357

Democratic Republic of the Congo

1,074

1,293

Switzerland

1,179

1,281

Tanzania

1,131

1,251

Zimbabwe

1,281

1,239

Türkiye

1,255

1,117

Other countries

20,384

19,482

Total

122,878

120,680

Revenue is specified by country based on where the customers are located.

Non-currrent assets by country

 

2024

2025

USA

30,475

25,928

Australia

15,013

13,142

Sweden

13,240

12,675

Luxembourg

8,450

7,775

China

6,181

5,105

France

4,402

4,140

Germany

3,699

3,419

Austria

3,046

2,871

Finland

2,850

2,733

Canada

2,671

2,332

UK

2,121

1,817

India

2,082

1,690

Switzerland

1,604

1,469

Ireland

1,414

1,270

Czech Republic

945

898

Other countries

2,686

3,080

Total

100,879

90,342

§ Accounting principles

The Group’s operations are organized in three business areas, based on products and services. The Group’s chief operating decision-maker, the CEO, monitors the business result and decides on the distribution of resources based on the products the Group manufactures and sells as well as the service it provides, these constitute the Group’s operating segments. Each operating segment has a president, who reports to the CEO and is responsible for day-to-day activities.

Segment results, assets and liabilities include only those items that are directly attributable to the segment and the relevant portions of items that can be allocated on a reasonable basis to the segments. Unallocated items comprise of interest, gains/losses on disposal of financial investments, interest expense, income tax expense, and certain administrative expenses. Unallocated assets and liabilities include income and deferred tax receivables and payables, financial investments and financial liabilities.