Question 2 - Reporting segments Doin Good plc is a UK company which has branched out into Europe over the last few years and is profitable in UK, France and Germany, but is still yet to become profitable in Italy, Swizerland and the Netherlands. The company reports segments by country and the following data for the last year is as follows: UK France Germany Italy Switzerland Netherlands Total 'm 'm 'm 'm 'm 'm 'm Revenue 2250 1950 950 650 550 680 7030 Profit/(loss) 225 165 96 (6) (10) (85) 385 Assets 1560 950 1200 425 400 500 5035 REQUIRED: Identify which countries need to be reported as operating segments (assuming that the company will not disclose a country's data unless required to). NOTE: Due to the losses in three of the countries, check the "quantitative thresholds" (section 13) in IFRS8 to ensure you are using the correct percentage for determining profits threshold.