segmental reporting

segmental reporting

the practice of reporting separately on the SALES REVENUES, COSTS and PROFITS of different segments of a company's business. Company law in the UK requires the DIRECTOR'S REPORT to offer information to shareholders about the performance of different market segments or sectors of the company. Segmental reporting is often necessary in large groups which are highly diversified, operating in many different markets at home and abroad.
References in periodicals archive ?
(Alliance News) - EMIS Group PLC said Tuesday that trading in the first half of 2019 was in line with management expectations, while the company also changed its segmental reporting.
The merger should also lead to improved financial transparency of Fluvius compared with that of Infrax due to preparation of the financial statements under IFRS, including segmental reporting.
Disclosures will improve because of detailed information on customer concentration, segmental reporting in line with internal classification, and sensitivity of profitability to forex, interest cost and commodity prices.
GAAP and International Financial Reporting Standards (IFRS) regarding segmental reporting: Under both sets of standards, an operating segment is defined as one whose operating results are regularly reviewed by the company's chief operating decision-maker to assess the performance of the individual segment, and to make decisions about resources allocated to the segment.
Users all seem to agree that cash flow statements and segmental reporting notes are materially important, but that part of the picture is obscured or missing in many cases.
An example of this need is in typical segmental reporting. Geographic segments in an end report are far less detailed than the information stored in the underlying transactions, so end reports "lose" information about geographic segments that doesn't have to appear in a summarized report but is necessary for many purposes.
The text covers four main areas: business combinations (11 chapters), multinational accounting (two chapters), governmental and nonprofit accounting (four chapters), and partnerships (two chapters), plus a chapter each on segmental reporting and corporate reorganizations.
It includes issues such as transfer pricing, performance evaluation, segmental reporting, and foreign transactions and translations.
Better Financial Transparency: The merger may lead to improved financial transparency if Fluvius prepares consolidated financial statements under IFRS and including segmental reporting. Reporting in line with its western European peers could lead to the elimination of the notch down to Infrax's IDR which we currently apply due to complexity of the group structure, lack of consolidated statements and the cash flow statement, and governance limitations.
market; (4) discussion on the existence and benefit of foreign sales corporations for U.S.-based multinational corporations and the related EU grievance brought forward in the WTO; and (5) detailed presentation of FASB, IAC and other countries' standards on issues such as business combination, goodwill, segmental reporting.
The restructuring of NBAD's business has been successfully completed and we are providing, for the first time this quarter the new segmental reporting for all the Bank's businesses and therefore no comparisons are made with previous quarters.