page 132 Bombardier Inc. Annual Report 2003-04 Segment disclosure Industry segments BOMBARDIER INC. CONSOLIDATED (MILLIONS OF CANADIAN DOLLARS) 2004 2003 External revenues $21,321 $21,189 Intersegment revenues – – Segmented revenues 21,321 21,189 Cost of sales  18,297 18,097 Selling, general and administrative 1,368 1,498 Depreciation and amortization 793 806 Research and development 188 191 Special items 429 1,311 21,075 21,903 246 (714) Interest expense (income), net 236 216 Income (loss) from continuing operations before income taxes $ 10 $ (930) Net segmented assets $4 , 880 $4 , 701 Accounts payable and accrued liabilities 8,668 8,494  Advances and progress billings in excess of related costs 3,563 3,816 Accrued benefit liability 1,236 1,147 Deferred income tax asset 455 632 Cash and cash equivalents 1,605 713 Assets held for sale – 1,260 Total assets – Bombardier 20,407 20,763 Investment in BC (1,142) (1,287) Advances and subordinated loans from BC (776) (69) Total assets – BC 7,080 9,717 Total assets – Bombardier Inc. consolidated $25,569 $29,124 Additions to property, plant and equipment and intangible assets $ 416 $ 721 PROPERTY, PLANT AND EQUIPMENT, INTANGIBLE ASSETS Geographic information REVENUES AND GOODWILL 2004 2003 2004 2003 United States $10,030 $9 , 652 $ 602 $ 802 Germany 2,357 2,504 1,774 2,176 United Kingdom 1,989 2,293 863 1,014 Switzerland 759 643 348 351 Canada 744 1,406 2,943 3,054 Italy 719 392 220 235 Sweden 597 714 669 722 France 533 415 47 42 Netherlands 418 210 – – Portugal 239 245 152 162 Spain 235 496 17 12 Japan 219 254 – – China 210 216 28 47 Austria 145 182 15 18 Other – Europe 1,030 896 282 243 Other – Asia 354 245 3 4 Other – Americas 247 182 20 27 Other 496 244 3 9 $21,321 $21,189 $7 , 986 $8 , 918