17.    Segment Information

The US GAAP measures which management and the Chief Operating Decision Maker (the “CODM”) use to evaluate the performance of the Company are net revenue and EBITDA, which is defined as income (loss) from continuing operations before equity in earnings (losses) of investment in Orbitz Worldwide, interest expense, gain (loss) on extinguishment of debt, income taxes, and depreciation and amortization, each of which is presented in the Company’s consolidated statements of operations.

Although not presented here, the CODM also evaluates performance based on Adjusted EBITDA, which is net income adjusted for depreciation and amortization, interest, income taxes, gain (loss) on extinguishment of debt, equity in earnings (losses) of investment in Orbitz Worldwide and excludes items management and the CODM view as outside the normal course of operations such as, costs associated with Travelport’s restructuring efforts, amortization of customer loyalty payments, non-cash equity-based compensation, litigation and related costs, and foreign currency gains (losses) on euro denominated debt and earnings hedges. Such adjustements are also excluded under Travelports’ debt covenants.

Reportable segments are determined based on the financial information which is available and utilized on a regular basis by the Company’s management and CODM to assess financial performance and to allocate resources. After the sale of the GTA business during the year ended December 31, 2011, the Company has one reportable segment.

 

The Company maintains operations in the United States, United Kingdom and other international territories. The geographic segment information provided below is classified based on geographic location of the Company’s subsidiaries:

 

(in $ millions)		United States				United Kingdom				All Other Countries				Total
Net Revenue
Year ended December 31, 2013			772				162				1,142				2,076
Year ended December 31, 2012			795				155				1,052				2,002
Year ended December 31, 2011			873				152				1,010				2,035
Long-Lived Assets (excluding financial instruments and deferred tax assets)
As of December 31, 2013			1,478				39				1,092				2,609
As of December 31, 2012			1,630				31				1,054				2,715
As of December 31, 2011			1,753				42				1,115				2,910

Net revenue by country is determined by the location code for the segment booking for transaction processing revenue and the domicile of the legal entity receiving the revenue for Airline IT Solutions revenue.