WindarPhotonics AnnualReport 2018 All - Flipbook - Page 60
Notes to the Financial Statements
continued
10. Segment information
Operation segments are reported as reported to the chief operation decision maker.
The Group has one reportable segment being the sale of LiDAR Wind Measurement and therefore segmental results
and assets are disclosed in the consolidated income statement and consolidated statement of financial position.
In 2018, two customers accounted for more than 10 per cent of the revenue each (2017: three customers).
The total amount of revenue from these customers amounted to €3,145,168, 90 per cent of the total revenue
(2017: €1,552,221 or 70 per cent of the revenue)
Revenue by geographical location of customer:
Year ended
Year ended
31 December 2018
31 December 2017
€
€
Europe
Americas
China
Asia (excluding China)
Revenue
91,891
85,437
3,293,434
29,105
3,499,867
129,751
147,065
1,784,614
152,234
2,213,664
Geographical information
The parent company is based in the United Kingdom. The information for the geographical area of non-current
assets is presented for the most significant area where the Group has operations being Denmark.
As at
As at
31 December 2018
31 December 2017
€
€
Denmark
1,170,617
972,148
1,170,617
Non-current assets for this purpose consist of property, plant and equipment and intangible assets.
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Windar Photonics - Annual Report and Accounts 2018
972,148