60 Orbit G arant 2012 annual rep O rt N OTES TO CONSOLIDATED FINANCIAL STATEMENTS continued For the years ended June 30 2012 and 2011 in thousands of Canadian dollars except for earnings per share and option data 21 SEGMENTED INFORMATION The Company is separated into two geographical segments Canada and International US Central and South America and West Afric a The elements of the results and the fnancial situation are divided between the sectors based on destination of contracts or profts Data by geographical areas follow the same accounting rules as those used for the consolidated accounts Transfers between sectors are carried out at market prices Operational sectors are presented using the same criteria as for the production of the internal report to the chief operations decision maker who allocates the resources and evaluates the performance of the operational sectors The chief operations decision maker is considered as the President and Chief Executive who evaluates the performance of both sectors by the revenues of ordinary acti vities from external clients gross margin and net income Data relating to each of the Companys reportable segments is presented as follows June 30 June 30 2012 2011 Contract revenue Canada 132925 108725 International 21831 19013 154756 127738 Gross proft Canada 22482 18514 International 11180 9960 33662 28474 General corporate expenses 17249 11604 Finance costs 1331 556 Share in net earnings of associate 225 Gain on longterm investments 209 Income taxes 4722 5302 23302 17028 Net earnings 10360 11446 Amortization Canada 7577 5931 International 967 863 Unallocated and corporate assets 2932 1875 11476 8669 As at As at As at June 30 2012 June 30 2011 July 1 2010 Identifable assets Canada 153707 130040 100764 International 16444 12596 7696 170151 142636 108460 Property plant and equipment Canada 49939 39415 28210 International 5941 3808 3471 55880 43223 31681