Disclosure Of Operating Segments – FAQ | IFRS

Disclosure of operating segments

The disclosures regarding operating segments focus on the information that management believes is important when running the business. The disclosure requirements are summarised below.

Information required

Disclosures

General information

  • 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).

Reconciliations

Disclosure of operating segments

  • 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.
Entity-wide disclosures

Disclosure of operating segments

Disclosure of operating segments

Disclosure of operating segments

  • 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.

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