Secondary Segment InformationSecondary Segment Information

Secondary Segment Information

68. Paragraphs 50-67 identify the disclosure requirements to be applied to each reportable segment based on an entity’s primary reporting format. Paragraphs 69-72 identify the disclosure requirements to be applied to each reportable segment based on an entity’s secondary reporting format, as follows:

(a) if an entity’s primary format is business segments, the required secondary-format disclosures are identified in paragraph 69;

(b) if an entity’s primary format is geographical segments based on location of assets (where the entity’s products are produced or where its service delivery operations are based), the required secondary-format disclosures are identified in paragraphs 70 and 71;

(c) if an entity’s primary format is geographical segments based on the location of its customers (where its products are sold or services are rendered), the required secondary-format disclosures are identified in paragraphs 70 and 72.

69. If an entity’s primary format for reporting segment information is business segments, it shall also report the following information:

(a) segment revenue from external customers by geographical area based on the geographical location of its customers, for each geographical segment whose revenue from sales to external customers is 10 per cent or more of total entity revenue from sales to all external customers;

(b) the total carrying amount of segment assets by geographical location of assets, for each geographical segment whose segment assets are 10 per cent or more of the total assets of all geographical segments; and

(c) the total cost incurred during the period to acquire segment assets that are expected to be used during more than one period (property, plant, equipment, and intangible assets) by geographical location of assets, for each geographical segment whose segment assets are 10 per cent or more of the total assets of all geographical segments.

70. If an entity’s primary format for reporting segment information is geographical segments (whether based on location of assets or location of customers), it shall also report the following segment information for each business segment whose revenue from sales to external customers is 10 per cent or more of total entity revenue from sales to all external customers or whose segment assets are 10 per cent or more of the total assets of all business segments:

(a) segment revenue from external customers;

(b) the total carrying amount of segment assets; and

(c) the total cost incurred during the period to acquire segment assets that are expected to be used during more than one period (property, plant, equipment, and intangible assets).