106
27.- INFORMATION BY SEGMENTS
The information by segments is primarily structured around the Group different business lines, and secondarily according to geographical distribution.
Main segments – Business
On 14 November 2014, the NH Group sold its property business and reclassified as “Non-current assets held for sale and discontinued operations”
the non-strategic assets involved in a divestment process with firm sale plans (see Note 9).
Consequently, it proceeded to standardise the balances of the profit and loss account for 2013 corresponding to activities considered to have been
discontinued that year. This standardisation does not apply to the consolidated balance sheet for 2013.
At 31 December 2014, the NH Group focuses its operations on the hotel business, which constitutes the basis upon which the Group presents the
information on its main segment.
The Group does not include its catering operations as a main segment because it cannot be separated from the accommodation activity; both
together constitute a single business, the hotel business.
Secondary segments – Geographical
The Group’s operations are located in Spain, the Benelux, Germany, Italy, the rest of Europe, South America and the rest of the world.
The information by segments set out below is based on the reports drawn up by NH Group and is generated through a computer application which
categorises transactions by business lines and geography.
Ordinary revenues of the segment correspond to revenue directly attributable to the segment plus the relevant proportion of the Group’s general
income that can be distributed to it using fair rules of distribution. The ordinary revenues of each segment do not include interest income and
dividends, gains on the disposal of investments or proceeds from debt redemption or extinguishment, or share of results of associates.
The assets and liabilities of the segments are those which are directly connected with the segments’ operations.
The information by segments of these operations is presented below.
27.1 Information on Main Segments
This section breaks down information on main segments relating only to the Group’s consolidated balance, given the reclassification of property
business balances in the comprehensive consolidated income statement under “Profit (Loss) for the Year from Discontinued Operations Net of Tax”,
applying International Financial Reporting Standard 5 “Non-current Assets held for sale and discontinued operations”, detailed in Note 9.
€Thousand
Hotel Business
Real Estate
Total
2014
2013
2014
2013
2014
2013
OTHER INFORMATION
Additions of fixed assets
127,162
30,361
-
38
127,162
30,399
Depreciation
(98,516)
(101,902)
-
580
(98,516)
(101,322)
Net profit (loss) for asset deterioration
12,810
28,103
-
-
12,810
28,103
CONSOLIDATED BALANCE SHEET
ASSETS
Assets by segments
2,643,183
2,495,210
-
108,119
2,643,183
2,603,329
Shareholdings in associated companies
(29,465)
16,562
47,281
67,617
17,816
84,179
Total consolidated assets
2,613,718
2,511,772
47,281
175,736
2,660,999 2,687,508
LIABILITIES
Liabilities and equity by segments
2,613,718
2,511,772
47,281
175,736
2,660,999 2,687,508
Total Consolidated Liabilities and Shareholders’ Equity
2,613,718
2,511,772
47,281
175,736
2,660,999 2,687,508
REPORT ON THE CONSOLIDATED FINANCIAL STATEMENTS
