 |
24.
Segment information
In June 1997, the United States Financial Accounting Standards
Board issued Statement of Financial Accounting Standards
No. 131, "Disclosure about Segments of an Enterprise
and Related Information" (FAS 131), which the Company
adopted effective December 31, 1998. FAS 131 requires
that enterprises report certain information about operating
segments. It also requires that enterprises report certain
information about their products and services, the geographic
areas in which they operate, and their major customers.
The Company concluded that it has two principal businesses
and operates in two segments: the Semiconductor segment
and the Subsystems segment. In the Semiconductor segment,
the Company designs, develops, manufactures and markets
a broad range of products, including discrete, memories
and standard commodity components, ASICSs (full custom
devices and semicustom devices) and ASSPs for analog,
digital, and mixed-signal applications. In the Subsystems
segment, the Company designs, develops, manufactures and
markets subsystems and modules for the Telecom, Automotive
and Industrial markets including mobile phone accessories,
battery chargers, ISDN power supplies and in-vehicle equipment
for electronic toll payment. The Subsystems segment does
not meet the requirements for a reportable segment as
defined in FAS 131. The accounting policies of the segments
are the same as those described in the summary of significant
accounting policies.
The following is a summary of operations by entities located
within the indicated geographic areas for 1998, 1999 and
2000. Long-lived assets consist of net property and equipment
and other intangible assets.
|
Net Revenues
|
|
December 31,
|
1998
|
1999
|
2000
|
|
|
France
Italy
Germany
Other European
countries
USA
Singapore
Other countries
|
474,580
171,143
444,362
737,112
978,662
1,261,165
180,728
|
451,243
174,087
470,554
828,879
1,222,743
1,669,129
239,641
|
651,116
249,588
611,115
1,484,654
1,761,783
2,277,772
777,175
|
|
| Total |
4,247,752
|
5,056,276
|
7,813,203
|
|
|
Long-lived
assets
|
|
December 31,
|
1998
|
1999
|
2000
|
|
|
France
Italy
Germany
Other European
countries
USA
Singapore
Other countries
|
1,169,273
899,689
1,134
19,922
587,734
216,817
472,007
|
1,239,540
1,117,241
1,094
236,202
736,187
245,386
477,316
|
1,889,729
1,650,506
1,620
345,359
1,081,327
649,116
869,530
|
|
| Total |
3,366,576
|
4,052,966
|
6,487,187
|
|
|
|
|
25.
Subsequent Events (Unaudited)
In March 2001, the Supervisory Board approved the submission
of several resolutions for shareholder approval at the
annual shareholders' meeting to be held on April 25, 2001.
The resolutions include the payment of a cash dividend
of $0.04 per share and the creation of a new five-year
management and selected employee stock option plan.
|
|
