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## Segments 

## Bombarbier Aerospace 

Bombardier Aerospace is a manufacturer of business, regional and amphibious aircraft and a provider of related services. It offers comprehensive families of regional jet and turboprop commercial aircraft and a wide range of business jets. It also provides the Bombardier * Flexjet * fractional ownership pro- gram, technical services, aircraft maintenance and pilot training. Bombardier Aerospace’s main manufacturing facilities are principally located in Canada, the United States, and the United Kingdom. 

Management evaluates the performance of each segment based on EBT. Accordingly, seg- ment information is presented on this basis. 

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## Revenues Fiscal year 2003 

## Bombardier Transportation 

Bombardier Transportation, the global leader in the rail equipment manufacturing and serv- icing industry, offers a full range of passenger railcars, as well as complete rail transportation systems. It also manufactures locomotives, freight cars, airport people movers, propulsion and controls and provides rail control solutions. Bombardier Transportation is also a provider of maintenance services. Bombardier Transportation’s main manufacturing facilities are principally located in Germany, the United Kingdom and the United States. 

Corporate interest costs are only allocated to the manufacturing segments, based on the segment’s net assets. Most other corporate charges are allocated to all segments based on each segment’s revenues. 

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## Revenues Fiscal year 2004 

## Bombardier Capital 

BC offers secured inventory financing and interim financing of commercial aircraft, prima- rily in North American markets, and manages the wind-down of various portfolios. 

The following analysis of operating results cov- ers the activities of Bombardier Aerospace, Bombardier Transportation and BC. 

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## EBT from continuing operations before special items 

