1. Operating Segments – IFRS 8 Effective date 1st January 2009

2. Objective The reader of financial statements should understand the nature and financial effects of various activities of the company.

5. Segments are reported in terms of products, services, regions, major customers etc.

7. Such similarities should be in terms of

8. Products

9. Services

10. Customers

11. Distribution process

13. Total threshold If after segmentation, total segmental revenue, operating costs, assets, liabilities do not reach 75% each of the company total, then additional segments should be reported to reach the 75% level. As a reconciling item, group all other segments.

15. Operating costs

16. Assets

17. Liabilities

19. Inter departmental revenues

20. Interest revenue

21. Interest expense

22. Depreciation and amortization

23. Other material items (as per paragraph 97 of IAS 1)

24. Equity method of accounting of associates and joint ventures (amount of investments)

25. Other non cash items

27. Please ensure consistency

28. As an explanation as to how we have measured a segment, disclose the basis of accounting (such as accrual basis)

30. Re-statement of information If the company structure changes then restate the earlier periods Following a change, disclose whether earlier information is restated If earlier information is not restated, then disclose the current segment information in the old and new format. This information should be provided unless the information is not available or the cost to produce it is prohibitive.

32. Disclose revenue from external customers separating between the country of domicile and foreign countries (if substantial)

33. The extent of reliance on major customers (such as if 10% of revenue is earned from one customer)

35. Segmental information is required for interim financial statements also.