5.3.3Geographical Information and Reliance on Major Customers
Geographical information
The classification by country is determined by the final destination of the product for both revenues and non-current assets.
The revenue by country is analyzed as follows:
Geographical information (revenue by country)
|
2016 |
2015 |
|
|---|---|---|
|
Brazil |
1,323 |
1,491 |
|
The United States of America |
368 |
360 |
|
Canada |
134 |
141 |
|
Equatorial Guinea |
103 |
110 |
|
Australia |
80 |
233 |
|
The United Kingdom |
50 |
32 |
|
Angola |
45 |
187 |
|
Congo |
36 |
13 |
|
United Arab Emirates |
31 |
13 |
|
Nigeria |
16 |
15 |
|
Myanmar |
15 |
41 |
|
South Africa |
12 |
12 |
|
Malaysia |
6 |
12 |
|
Other |
53 |
45 |
|
Total revenue |
2,272 |
2,705 |
The non-current assets by country are analyzed as follows:
Geographical information (non-current assets by country)
|
31 December 2016 |
31 December 2015 |
|
|---|---|---|
|
Brazil |
6,911 |
3,714 |
|
The United States of America |
1,242 |
245 |
|
Angola |
426 |
454 |
|
Canada |
390 |
446 |
|
Equatorial Guinea |
215 |
308 |
|
Malaysia |
189 |
207 |
|
The Netherlands |
7 |
11 |
|
Other |
143 |
207 |
|
Total non-current assets |
9,522 |
5,591 |
Reliance on major customers
Two customers represent more than 10% of the consolidated revenue. Total revenue from these major customers amounts to US$ 1,612 million (2015 : US$ 1,794 million).