2. Segment information
CapMan has two operating segments: the Management Company business and Fund Investments. The Management Company business is subdivided into two business areas: CapMan Private Equity, which manages funds that invest in portfolio companies, and CapMan Real Estate, which manages funds that invest in real estate. Income from the Management Company business is derived from management fees paid by funds and carried interest received from funds. The Fund Investment business comprises fund investments made from CapMan Plc's balance sheet and investments in Maneq funds. Income from the Fund Investment business is derived from realised returns on fund investments and changes in the fair value of investments.
Operating segments
2012 Management company business Fund
Investment
business
Total
€ ('000) CapMan
Private Equity
CapMan
Real Estate
Total
Turnover 20,529 6,775 27,304 0 27,304
Operating profit/loss -1,401 -895 -2,296 4,899 2,603
Profit/loss for the financial year -1,614 -931 -2,545 5,253 2,708
Assets 7,714 444 8,158 107,954 116,112
Total assets includes:
Investments in associated companies 0 0 0 8,954 8,954
Non-current assets held for sale 848 0 848 0 848
2011 Management company business Fund
Investment business
Total
€ ('000) CapMan
Private Equity
CapMan
Real Estate
Total
Turnover 24,633 7,807 32,440 0 32,440
Operating profit/loss -45 -1,024 -1,069 12,164 11,095
Profit/loss for the financial year -651 -1,024 -1,675 12,762 11,087
Assets 8,362 627 8,989 102,271 111,260
Total assets includes:
Investments in associated companies 0 0 0 8,347 8,347
Non-current assets held for sale 3,501 0 3,501 0 3,501