Macquarie Group Limited and its subsidiaries  2014 Annual Financial Report  macquarie.com.au  Notes to the financial statements  for the financial year ended 31 March 2014  continued  Segment reporting  continued  Note 3  (ii) Products and services  (iii) Geographical areas  (iv) Major customers  (1) Non-current assets consist of intangible assets, interests in associates and joint ventures accounted for using the equity method,  property, plant and equipment and property held for sale and development.  The Consolidated Entity does not rely on any major customer.  Geographical segments have been determined based upon where the transactions have been booked .  The operations of the  Consolidated Entity are headquartered in Australia.  For the purposes of preparing a segment report based on products and services, the activities of the Consolidated Entity  have been divided into four areas:  Asset and Wealth Management:  distribution and manufacture of funds management products;  Financial Markets:  trading in fixed income, equities, currency, commodities and derivative products;  Capital Markets:  corporate and structured finance, advisory, underwriting, facilitation, broking and real estate/ property  development; and  Lending:  banking activities, mortgages and leasing. Asset and Wealth  Management  $m  Financial  Markets  $m  Capital Markets  $m  Lending  $m  Total  $m  Consolidated 2014  Revenues from external customers  2,507  3,119  2,023  4,384  12,033  Consolidated 2013  Revenues from external customers  2,301  3,281  1,593  3,790  10,965  Revenues from external customers $m  Non-current assets (1) $m  Consolidated 2014  Australia  5,513  2,024  Americas  3,584  2,556  Europe, Middle East and Africa  2,012  5,207  Asia Pacific  924  369  Total  12,033  10,156  Consolidated 2013  Australia  5,091  1,417  Americas  3,254  2,551  Europe, Middle East and Africa  1,902  4,829  Asia Pacific  718  360  Total  10,965  9,157  120 