Income statement disclosures

11 Revenue

 
€m  
    20101   2011  
Revenue   51,388   52,829  

Revenue increased by €1,441 million (2.8%) year-on-year to €52,829 million. The increase was due to the following factors:

Factors affecting revenue increase
€m  
    2011  
Organic growth   2,710  
Portfolio changes1   –627  
Currency translation effects   –642  
Total   1,441  

As in the prior-year period, there was no revenue in financial year 2011 that was generated on the basis of barter transactions. Revenue was up year-on-year in almost all areas.

The further classification of revenue by division and the allocation of revenue to geographical areas are presented in the segment reporting.

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