Income statement disclosures
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 |
|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.