APC 2011 Annual Report Download - page 172

170 2011 REGISTRATION DOCUMENT SCHNEIDER ELECTRIC
CONSOLIDATED FINANCIAL STATEMENTS
5NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
3.2 – Information by region
The geographic regions covered by the Group are:
•Western Europe;
•North America: United States, Canada and Mexico;
•Asia-Pacifi c;
•Rest of the World (Eastern Europe, Middle East, Africa, South America).
Non-current assets include net goodwill, net intangible assets and net property, plant and equipment.
Dec.31, 2011
Western
Europe of which France North America of which USA Asia- Pacifi c of which China Rest of the world Total
Revenue by country market 7,184 1,958 5,208 4,360 5,933 2,798 4,062 22,387
Non-current assets 7,361 1,710 7,466 7,310 4,413 1,095 811 20,051
Dec.31, 2010
Western
Europe of which France North America of which USA Asia- Pacifi c of which China Rest of the world Total
Revenue by country market 6,568 1,777 4,704 3,952 4,792 2,269 3,516 19,580
Non-current assets 6,022 1,869 6,391 6,141 3,590 703 805 16,808
3.3 – Degree of dependence in relation to main customers
No single customer accounts for more than 10% of consolidated revenue.
Note4 Research and development
Research and development costs break down as follows:
2011 2010
Research and development costs in cost of sales 206 171
Research and development costs in commercial expenses - -
Research and development costs in R&D costs (1) 539 450
Capitalized development costs 234 197
TOTAL RESEARCH AND DEVELOPMENT COSTS OF THE YEAR 979 818
(1) Of which EUR29million research and development tax credit in December2011 and EUR21million in December2010.
Amortisation of capitalised development costs amounted to EUR112million for the 2011 fi nancial year, compared with EUR107million
in2010.