January 2019

FROM PUBLISHED ACCOUNTS

Himanshu V. Kishnadwala
Chartered Accountant

SEGMENT REPORTING AS PER INDAS 108

Compilers’ Note:

As compared to AS 17 ‘Segment Reporting’, Ind AS 108 ‘Operating Segments’ has changed the manner in which segment identification is done and has also mandated several additional disclosures. These disclosures are required in line to be what internally the company reports to its ‘Chief Operating Decision Maker (“CODM”). Given below is a compilation of the extracts of disclosures given in the financial statements for the year ended 31st March 2018 from few companies in different industries.

    

DR. REDDY’S LABORATORIES LTD

From Significant Accounting Policies:

 

Segment Reporting:

Operating segments are reported in a manner consistent with the internal reporting provided to the chief operating decision maker. Refer 2.24 for segment information presented.

 

From Notes to Financial Statements

Segment Reporting:

The Chief Operating Decision Maker (“CODM”) evaluates the Company’s performance and allocates resources based on an analysis of various performance indicators by operating segments. The CODM reviews revenue and gross profit as the performance indicator for all of the operating segments, and does not review the total assets and liabilities of an operating segment. The Chief Executive Officer is the CODM of the Company.

 

The Company’s reportable operating segments are as follows:

    Global Generics;

    Pharmaceutical Services and Active Ingredients (“PSAI”); and

--->

Past Issues

Flip-Book
HTML View
Current Issue