Reaching the threshold of 75% of external revenue In above, Units 1, 2, 5, 7, 8 and 9 were identified as reportable segments. The total external revenue attributable to these reportable segments is £230m. This is only 74.2% of total external revenues and therefore less than the required 75% of total external revenue of £310m. The entity is therefore required to identify additional segments as […]

Due to rising utility costs, Eastern Community Hospital wants to replace its existing computer-controlled heating and cooling system (heating, ventilation, and air-conditioning [HVAC]) with a more efficient version. The existing system was purchased three years ago for $240,000 and is being depreciated on a straight-line basis over an eight-year life to zero salvage value. Although the current book value for the existing system is $150,000, […]

Daimler AG (2011) Notes to the Consolidated Financial Statements [extract] 32. Segment reporting [extract] Reportable segments. The reportable segments of the Group are Mercedes-Benz Cars, Daimler Trucks, Mercedes-Benz Vans, Daimler Buses and Daimler Financial Services. The segments are largely organized and managed separately according to nature of products and services provided, brands, distribution channels and profile of customers. The vehicle segments develop and manufacture passenger […]

Daimler AG (2011) Notes to the Consolidated Financial Statements [extract] 32. Segment reporting [extract] Management reporting and controlling systems. The Group”s management reporting and controlling systems principally use accounting policies that are the same as those described in Note 1 in the summary of significant accounting policies under IFRS. The Group measures the performance of its operating segments through a measure of segment profit or […]

Roche Holding Limited (2008) Notes to the Roche Group Consolidated Financial Statements [extract] 1. Summary of significant accounting policies [extract] Segment reporting Within the Group”s consolidated financial statements, transactions and balances between consolidated subsidiaries, such as between Genentech, Chugai and other Roche Group subsidiaries, are eliminated on consolidation. Genentech and Chugai are considered separately reportable operating segments for the purposes of the Group”s operating segment […]

Conergy AG (2011) Group management report 2011 [extract] The Conergy Group [extract] Organizational and legal parameters [extract] The Conergy Group”s business was divided into the following segments in the 2011 financial year: Germany, Europe without Germany, Americas, Asia-Pacific, Components and Holding… … Segment reporting for the 2012 financial year will be adjusted to reflect the changed allocation of responsibilities in the Management Board of Conergy […]

Daimler AG (2011) Notes to the Consolidated Financial Statements [extract] 7.29. Summarized IFRS financial information on investments accounted for using the equity method [extract] Engine Holding/Tognum [extract] With the completion of the public tender offer, the management of the Daimler Trucks segment assumed control of Daimler”s equity interest in Engine Holding. Engine Holding was therefore allocated to the Daimler Trucks segment as of September 30, […]

Roche Holding Limited (2011) Notes to the Roche Group Consolidated Financial Statements [extract] 2. Operating segment information [extract] Major customers The US national wholesale distributor, AmerisourceBergen Corp., represented approximately 5 billion Swiss francs (2010: 6 billion Swiss francs) of the Group”s revenues. Approximately 99% of these revenues were in the Pharmaceuticals operating segment, with the residual in the Diagnostics segment. The Group also reported substantial […]

Calculation of weighted average number of shares [IAS 33.IE2] Shares issued Treasury Shares shares* outstanding 1 January 2013 Balance at beginning of year 2,000 300 1,700 31-May-13 Issue of new shares for cash 800 2,500 1 December 2013 Purchase of treasury shares for cash 250 2,250 31 December 2013 Balance at year end 2,800 550 2,250 Calculation of weighted average: (1,700 x 5/12) + (2,500 […]

The projected unit credit method A lump sum benefit is payable on termination of service and equal to 1% of final salary for each year of service. The salary in year 1 is 10,000 and is assumed to increase at 7% (compound) each year. The discount rate used is 10% per year. The following table shows how the obligation builds up for an employee who […]