26-11-2012, 04:00 PM
SEGMENT REPORTING
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1. Business Segment
A business segment is a distinguishable component of an enterprise engaged in providing an individual product or service or a group or related products or services and that is subject to risks and returns that are different from those of other Business Segments.
2. Geographical Segment
A geographical segment is a distinguishable component of an enterprise engaged in providing products or services within a particular economic environment, and that is subject to risks and returns that are different from those components operating in other economic environments.
3. Reportable Segment
Segments in respect of which segment information has to be disclosed in the Financial Statements, in compliance with this Standard.
4. Enterprise Revenue
Revenue from sales to external customers as reported in the statement of profit and loss. Intra-company sale (between divisions or units) is not regarded as revenue for purpose of financial reporting.