Segment reporting by operating segments
The Management Board sets performance targets, approves and monitors the budgets prepared by the front office servicing units. These shall therefore perform in accordance with the strategy and targets.
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Information about geographical areas
FMO operates in the following four geographical markets: Africa, Asia, Europe & Central Asia, Latin America & the Caribbean. The allocation of revenues to the markets is based upon the geographical classification of the financing projects.
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Disaggregation of revenue
The following table sets out the disaggregation of the Remuneration for services rendered based on the primary geographical areas and strategic sector.
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Information about major customers
In 2018 FMO had no customers that individually contributed more than 10% to FMO's total revenues (2017: 1).
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Segment reporting of funds managed for the risk of the state
Apart from making disbursements from its own resources, FMO provides loans, guarantees and equity investments from special government funds, within the conditions and objectives of these facilities.
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