5. Segment Reporting
For the purpose of segment
reporting, the Group’s activities and products are pooled together in
business divisions in which the market risks and opportunities are more
or less the same.
As a result, Symrise has two divisions: Flavor & Nutrition, which develops, manufactures and sells flavors for beverages, foods, and pharmaceuticals; and Scent & Care, which develops, manufactures and sells fragrances, scents, and cosmetic ingredients.
The Group made the following disclosures required by IAS 14 separately by division Flavor & Nutrition and Scent & Care (primary segments) and geography (secondary segments).
Geographical segment reporting is based on the location of the asset. Sales to customers are disclosed in the geographical segment that covers the customers’ location.