Public Corporation, a listed company, has five segments: logistics, warehousing, engineering, manufacturing, and consultancy. The following information for the year ended 31 December 20x9 is available, and there are no significant intercompany balances in the segment assets and liabilities.

Required:
1. Which segments would constitute a “reportable” segment under IFRS 8 as at 31 December 20x9?
2. How is segment reporting useful for risk assessment?

Transcribed Image Text:

Operating segments: Logistics...... Warehousing Engineering Manufacturing. Consultancy Sales External Internal $m $m 110 100 60 80 10 360 10 110 8 10 4 142 Segment Segment Segment results assets liabilities $m $m $m 14 20 (16) 12 4 34 60 200 40 100 2 402 26 20 16 10 0