Describe the principal activities it engages in and of its various business components by referring to the ‘management discussion and analysis’ section(s) of the annual report.

  1. a) Describe the principal activities it engages in and of its various business components by referring to the ‘management discussion and analysis’ section(s) of the annual report.
  2. b) Critically evaluate the segment information disclosed in the annual report to ascertain if the disclosure practice of the company complies with the requirements of AASB 8 as regards the definition of ‘operating segments’ and ‘reportable segments’. [Hint: You may wish to verify the reportable segments disclosed by referring to the various quantitative thresholds adopted in AASB 8.]
  3. c) For each disclosed financial item, does the total of all the reportable segments equal to the corresponding consolidated figures for the whole group? What explains the differences between these two sets of numbers?

 

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