Answer Happy

Identifying reportable segments under AASB 8/IFRS 8 Anstead Ltd has identified units X, Y and Z as operating segments (see illustrative example 20.1). The following additional information is provided. Unit x $'000 Total Total operating Corporate Other Anstead Ltd Unit z segments headquarters businesses (consolidated) $'000 $'000 $'000 $'000 $'000 540 700 230 850 Revenue 60 Unit Y $'000 100 (80 earned from Unit Z) 17 (10 earned from Unit Z) 600 Profit/(loss) 13 150 180 (25) 20 165 Assets 200 1 250 2050 250 200 2 500 Management has determined that units X, Y and Z do not meet the aggregation criteria of AASB 8/ IFRS 8. Unit Z has no inventories on hand at year-end in respect of purchases from Unit Y. Note that the quantitative thresholds are in respect of the totals for the operating segments – not the total for Anstead Ltd (AASB 8/IFRS 8 paragraph 13). Revenue % of total Profit % of total Unit X Unity Unit Z 8.6 14.3 77.1 7.2 9.5 83.3 Assets % of total 9.7 29.3 61.0 Required Identify the reportable segments of Anstead Ltd.