Apart from companies in the sectors Retail, Industry and Wholesaling, the Migros Group also owns Migros Bank. The Financial Services business of Migros Bank differs fundamentally from other segments of the Migros Group. It is for this reason that in the annual accounts of the Migros Group two sectors have been added in the Report on the financial situation: below, Migros Group without the Financial Services business is referred to as the “Retail and Industry sector” and Migros Bank as the “Financial Services sector”. This separate reporting allows outsiders to gain a good insight into the results of operations, financial position and net assets of the two sectors. The table below provides an overview of the segments assigned to the sectors:


Sector Consisting of the segments
Retail and Industry sector Cooperative Retailing, Commerce, Industry & Wholesaling, Travel, Other
Financial Services sector Financial Services (Migros Bank)