line-of-business reporting

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Line-of-Business Reporting

A convention some companies use in their financial statements in which they report information by sector. For example, a single publicly-traded company that engages in agriculture, mining, and manufacturing may report revenue, sales, and profits/losses for each field individually. This allows a company to show its investors what parts of the company are performing better relative to the others. It also prevents one sector that is overperforming or underperforming from unduly influencing a financial statement.

line-of-business reporting

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NAIC's executive committee and its plenary, a body that includes all voting NAIC members, may vote on adding the health market conduct report to the health line of business reporting process at a session Monday.
Statement of Financial Accounting Standards 131 "Disclosures about Segments of an Enterprise and Related Information" requires that if a reorganization causes the chief decision-maker to alter the way that performance is assessed and resources are allocated inside the company, then the line of business reporting should change to reflect this.
13 (1) Line of business reporting does not reflect intercompany eliminations.
Unaudited Pro-Forma Line of Business Reporting (in thousands) Note: The pro-forma supplemental financial information included herein is presented for informational purposes only and should not be considered as a substitute for OpenTV's financial information presented in accordance with generally accepted accounting principles.
Unaudited Pro-Forma Line of Business Reporting (in thousands) Quarter Ended March 31, 2001 Core Platform OpenTVi Total Company Revenues: Royalties $ 10,130 $ -- $ 10,130 Services and other 8,690 -- 8,690 License fees 2,518 -- 2,518 Applications -- 1,039 1,039 Total revenues 21,338 1,039 22,377 Cost of services 6,980 -- 6,980 Contribution margin 14,358 1,039 15,397 Marketing -- BSkyB hard drive set-top box -- 8,375 8,375 Other operating expenses 11,256 11,466 22,722 Operating profit (loss) $ 3,102 $ (18,802) $ (15,700)
With its first quarter 2001 earnings, FBL will be reporting its results utilizing new segments for line of business reporting.
PriceInteractive will become an iBasis line of business and PriceInteractive president and CEO Dan Price will join the iBasis board of directors and become senior vice president and general manager of the new line of business reporting directly to iBasis president and CEO Ofer Gneezy.