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Segment reporting

1.4 Quantitative thresholds

Once operating segments have been aggregated, IFRS 8 says that an entity will
disclose those that meet one of the following quantitative thresholds:

 its revenue from internal and external sales is ten per cent or more of the total
revenue of all segments

 its assets are ten per cent or more of the total assets of all segments

 its profit or loss is ten per cent or more of the greater, in absolute amount, of:

– the combined profit of all the profit-making segments

– the combined loss of all the loss-making segments.

Other segments should be disclosed so that at least 75% of external revenue is
reported.

Illustrations and further practice

Now try TYU question 2 from Chapter 13.

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