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Example5 2011-01-01 2011-12-31 Example5 2011-12-31 Example5 2011-01-01 2011-12-31 ifrs-full:OperatingSegmentsMember example5:CarPartsMember Example5 2011-01-01 2011-12-31 ifrs-full:OperatingSegmentsMember example5:MotorVesselsMember Example5 2011-01-01 2011-12-31 ifrs-full:OperatingSegmentsMember example5:SoftwareMember Example5 2011-01-01 2011-12-31 ifrs-full:OperatingSegmentsMember example5:ElectronicsMember Example5 2011-01-01 2011-12-31 ifrs-full:OperatingSegmentsMember example5:FinanceMember Example5 2011-01-01 2011-12-31 ifrs-full:OperatingSegmentsMember ifrs-full:ReportableSegmentsMember Example5 2011-01-01 2011-12-31 ifrs-full:OperatingSegmentsMember ifrs-full:AllOtherSegmentsMember Example5 2011-01-01 2011-12-31 ifrs-full:OperatingSegmentsMember Example5 2011-01-01 2011-12-31 ifrs-full:EliminationOfIntersegmentAmountsMember example5:CarPartsMember Example5 2011-01-01 2011-12-31 ifrs-full:EliminationOfIntersegmentAmountsMember example5:MotorVesselsMember Example5 2011-01-01 2011-12-31 ifrs-full:EliminationOfIntersegmentAmountsMember example5:SoftwareMember Example5 2011-01-01 2011-12-31 ifrs-full:EliminationOfIntersegmentAmountsMember example5:ElectronicsMember Example5 2011-01-01 2011-12-31 ifrs-full:EliminationOfIntersegmentAmountsMember example5:FinanceMember Example5 2011-01-01 2011-12-31 ifrs-full:EliminationOfIntersegmentAmountsMember ifrs-full:ReportableSegmentsMember Example5 2011-01-01 2011-12-31 ifrs-full:EliminationOfIntersegmentAmountsMember ifrs-full:AllOtherSegmentsMember Example5 2011-01-01 2011-12-31 ifrs-full:EliminationOfIntersegmentAmountsMember Example5 2011-01-01 2011-12-31 example5:LitigationSettlementReceivedMember example5:CarPartsMember Example5 2011-01-01 2011-12-31 example5:LitigationSettlementReceivedMember example5:MotorVesselsMember Example5 2011-01-01 2011-12-31 example5:LitigationSettlementReceivedMember example5:SoftwareMember Example5 2011-12-31 ifrs-full:OperatingSegmentsMember example5:CarPartsMember Example5 2011-12-31 ifrs-full:OperatingSegmentsMember example5:MotorVesselsMember Example5 2011-12-31 ifrs-full:OperatingSegmentsMember example5:SoftwareMember Example5 2011-12-31 ifrs-full:OperatingSegmentsMember example5:ElectronicsMember Example5 2011-12-31 ifrs-full:OperatingSegmentsMember example5:FinanceMember Example5 2011-01-01 2011-12-31 example5:LitigationSettlementReceivedMember example5:ElectronicsMember Example5 2011-01-01 2011-12-31 example5:CarPartsMember Example5 2011-01-01 2011-12-31 example5:MotorVesselsMember Example5 2011-01-01 2011-12-31 example5:SoftwareMember Example5 2011-01-01 2011-12-31 example5:ElectronicsMember Example5 2011-01-01 2011-12-31 example5:FinanceMember Example5 2011-01-01 2011-12-31 ifrs-full:AllOtherSegmentsMember Example5 2011-01-01 2011-12-31 ifrs-full:MaterialReconcilingItemsMember Example5 2011-01-01 2011-12-31 ifrs-full:ReportableSegmentsMember Example5 2011-12-31 ifrs-full:OperatingSegmentsMember ifrs-full:AllOtherSegmentsMember Example5 2011-12-31 ifrs-full:OperatingSegmentsMember Example5 2011-01-01 2011-12-31 example5:LitigationSettlementReceivedMember Example5 2011-01-01 2011-12-31 example5:OtherCorporateExpensesMember Example5 2011-01-01 2011-12-31 example5:AdjustmentToPensionExpenseInConsolidationMember Example5 2011-12-31 ifrs-full:OperatingSegmentsMember ifrs-full:ReportableSegmentsMember Example5 2011-12-31 ifrs-full:EliminationOfIntersegmentAmountsMember Example5 2011-12-31 ifrs-full:UnallocatedAmountsMember Example5 2011-12-31 example5:UnallocatedDefinedBenefitPensionLiabilitiesMember Example5 2011-01-01 2011-12-31 example5:UnitedStatesMember Example5 2011-01-01 2011-12-31 example5:CanadaMember Example5 2011-01-01 2011-12-31 example5:ChinaMember Example5 2011-01-01 2011-12-31 example5:JapanMember Example5 2011-01-01 2011-12-31 example5:OtherCountriesMember Example5 2011-12-31 example5:UnitedStatesMember Example5 2011-12-31 example5:ChinaMember Example5 2011-12-31 example5:JapanMember Example5 2011-12-31 example5:OtherCountriesMember Example5 2011-01-01 2011-12-31 example5:OneCustomerMember iso4217:EUR

IFRS Taxonomy 2014 – Illustrative examples

Operating Segments

Examples from IFRS 8 (IG2, IG3, IG4, IG5 and IG6) representing some of the disclosures required by IFRS 8 for operating segments using block and detailed XBRL tagging.

Description of the types of products and services from which each reportable segment derives its revenues

Diversified Company has five reportable segments: car parts, motor vessels, software, electronics and finance.   The car parts segment produces replacement parts for sale to car parts retailers.   The motor vessels segment produces small motor vessels to serve the offshore oil industry and similar businesses.   The software segment produces application software for sale to computer manufacturers and retailers.   The electronics segment produces integrated circuits and related products for sale to computer manufacturers.   The finance segment is responsible for portions of the company’s financial operations including financing customer purchases of products from other segments and property lending operations.

Measurement of operating segment profit or loss, assets and liabilities

The accounting policies of the operating segments are the same as those described in the summary of significant accounting policies except that pension expense for each operating segment is recognised and measured on the basis of cash payments to the pension plan.   Diversified Company evaluates performance on the basis of profit or loss from operations before tax expense not including non-recurring gains and losses and foreign exchange gains and losses.

Diversified Company accounts for intersegment sales and transfers as if the sales or transfers were to third parties, ie at current market prices.

Factors that management used to identify the entity’s reportable segments

Diversified Company’s reportable segments are strategic business units that offer different products and services.   They are managed separately because each business requires different technology and marketing strategies.   Most of the businesses were acquired as individual units, and the management at the time of the acquisition was retained.

Information about reportable segment profit or loss, assets
and liabilities

                 

Car parts

Motor vessels

Software

Electronics

Finance

All other

Totals            

CU

CU

CU

CU

CU

CU

CU

Revenues from external customers

3,000

5,000

9,500

12,000

5,000

1,000

(a)

35,500

Intersegment revenues

3,000

1,500

4,500

Interest revenue

450

800

1,000

1,500

3,750

Interest expense

350

600

700

1,100

2,750

Net interest revenue(b)

1,000

1,000

Depreciation and amortisation

200

100

50

1,500

1,100

2,950

Reportable segment profit

200

70

900

2,300

500

100

4,070

Other material non-cash items:

Impairment of assets

200

200

Reportable segment assets

2,000

5,000

3,000

12,000

57,000

2,000

81,000            

Expenditures for reportable segment non-current assets

300

700

500

800

600

2,900

Reportable segment liabilities

1,050

3,000

1,800

8,000

30,000

43,850

(a)  Revenues from segments below the quantitative thresholds are attributable to four operating segments of Diversified Company.   Those segments include a small property business, an electronics equipment rental business, a software consulting practice and a warehouse leasing operation.   None of those segments has ever met any of the quantitative thresholds for determining reportable segments.

(b)  The finance segment derives a majority of its revenue from interest.   Management primarily relies on net interest revenue, not the gross revenue and expense amounts, in managing that segment.   Therefore, as permitted by paragraph 23, only the net amount is disclosed.

Reconciliations of reportable segment revenues, profit or loss, assets and liabilities

Revenues

CU

Total revenues for reportable segments

39,000

Other revenues

1,000

Elimination of intersegment revenues

( 4,500)

Entity’s revenues

35,500

Profit or loss

CU

Total profit or loss for reportable segments

3,970

Other profit or loss

100

Elimination of intersegment profits

( 500)

Unallocated amounts:

Litigation settlement received

500

Other corporate expenses

( 750)

Adjustment to pension expense in consolidation

( 250)

Income before income tax expense

3,070

Assets

CU

Total assets for reportable segments

79,000

Other assets

2,000

Elimination of receivable from corporate headquarters

( 1,000)

Other unallocated amounts

1,500

Entity’s assets

81,500

Liabilities

CU

Total liabilities for reportable segments

43,850

Unallocated defined benefit pension liabilities

25,000

Entity’s liabilities

68,850

Other material items

Reportable segment totals CU

Adjustments  CU

Entity totals  CU

Interest revenue

3,750

75

3,825

Interest expense

2,750

( 50)

2,700

Net interest revenue
(finance segment only)

1,000

1,000

Expenditures for assets

2,900

1,000

3,900

Depreciation and amortisation

2,950

2,950

Impairment of assets

200

200

Geographical information

Geographical information

Revenues (a)

Non-current assets

CU

CU

United States

19,000

11,000

Canada

4,200

China

3,400

6,500

Japan

2,900

3,500

Other countries

6,000

3,000

Total

35,500

24,000

(a)  Revenues are attributed to countries on the basis of the customer’s location.

Information about major customers

                 

Revenues from one customer of Diversified Company’s software and electronics segments represent approximately CU 5,000 of the Company’s total revenues.


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