The disclosures regarding operating segments focus on the information that management believes is important when running the business. The disclosure requirements are summarised below.
- Factors used to identify the reportable segments.
- Types of product/service from which each reportable segment derives its revenue.
Information about the reportable segment; profit or loss, revenue, expenses, assets, liabilities and the basis of measurement
- A measure of profit or loss and total assets.
- A number of specific disclosures, such as revenues from external customers if they are included in segment profit or loss and presented regularly to the CODM.
- Explanation of the measurement of the segment disclosures.
- The basis of accounting for transactions between reportable segments.
- The nature of differences between the measurements of segment disclosures and comparable items in the entity’s financial report (for example, accounting policy differences and asymmetrical allocations).
- Totals of segment revenue, segment profit or loss, segment assets and segment liabilities and any other material segment items to corresponding totals within the financial statements.
- Revenues from external customers for each product and service, or each group of similar products and services.
- Revenues from external customers attributed to the entity’s country of domicile and attributed to all foreign countries from which the entity derives revenues.
- Revenues from external customers attributed to an individual foreign country, if material.
- Non-current assets (other than financial instruments, deferred tax assets, post-employment benefit assets, and rights arising under insurance contracts) located in the entity’s country of domicile and in all foreign countries in which the entity holds assets.
- Non-current assets in an individual foreign country, if material. Extent of reliance on major customers, including details if any customer’s revenue is greater than 10% of the entity’s revenue.