OMAN Company's operations are located in different geographical areas. Information on segment operations for the year...

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OMAN Company's operations are located in different geographical areas. Information on segment operations for the year ended December 31, 2020 are as follows: Location Third-party revenues Intersegment revenues Non-current assets Muscat P 14,500,000 P 3,500,000 P 22,000,000 Sur 9,500,000 2,250,000 12,350,000 Seeb 2,340,000 890,000 7,990,000 Sohar 990,000 540,000 3,440,000 Addtional information are as follows: • Muscat's non-current assets include property, plant and equipment of P15 million and available-for-sale securities of P7,000,000. • Sur's non-current assets include available-for-sale securities of P8,000,000 and rights under insurance contracts of P4,350,000. • Seeb's non-current assets include property, plant and equipment of P4,500,000 and investment property of P3,490,000 • Sohar's non-current assets include investment property of P1,250,000 and deferred tax asset of P2,190,000. How much non-current assets from geographical locations will OMAN disclose as part of its entity-wide disclosures on its notes to financial statements for the year ended December 31, 2020 in accordance with IFRS 8? How much revenues from geographical locations will OMAN disclose as part of its entity-wide disclosures on its notes to financial statements for the year ended December 31, 2020 in accordance with IFRS 8? OMAN Company's operations are located in different geographical areas. Information on segment operations for the year ended December 31, 2020 are as follows: Location Third-party revenues Intersegment revenues Non-current assets Muscat P 14,500,000 P 3,500,000 P 22,000,000 Sur 9,500,000 2,250,000 12,350,000 Seeb 2,340,000 890,000 7,990,000 Sohar 990,000 540,000 3,440,000 Addtional information are as follows: • Muscat's non-current assets include property, plant and equipment of P15 million and available-for-sale securities of P7,000,000. • Sur's non-current assets include available-for-sale securities of P8,000,000 and rights under insurance contracts of P4,350,000. • Seeb's non-current assets include property, plant and equipment of P4,500,000 and investment property of P3,490,000 • Sohar's non-current assets include investment property of P1,250,000 and deferred tax asset of P2,190,000. How much non-current assets from geographical locations will OMAN disclose as part of its entity-wide disclosures on its notes to financial statements for the year ended December 31, 2020 in accordance with IFRS 8? How much revenues from geographical locations will OMAN disclose as part of its entity-wide disclosures on its notes to financial statements for the year ended December 31, 2020 in accordance with IFRS 8?

Answer rating: 100% (QA)

Noncurrent assets Musca22000000 Sur 12350000 Seeb 7990000 Soha 440000 Location Musca Sur Seeb Sohar ... View the full answer