International Finance and Accounting Handbook

Statement of Financial Accounting Standard (SFAS) 14 required companies to dis- close certain information related to operations ...

tion must be supplied based on products and services, the geographic areas in which the company operates, and major customers. T ...

olds may be disclosed separately. Alternatively, operating segments that do not meet any of the quantitative thresholds may be c ...

nancial statements. Adjustments made to the internal financial information in preparing the general purpose financial statements ...

a highly aggregated continental or multi-continental basis. In line with SFAS 131 guidelines, many companies now utilize the Uni ...

22 • 11 Exhibit 22.2. Illustration of SFAS 131 Segmental Data Provided by Black and Decker. The Corporation has elected to organ ...

22 • 12 Exhibit 22.2. (Continued ) Composition of sales to unaffiliated customers between those in the United States and those i ...

trated in Exhibit 22.3. In the matrix, Kellogg provides data on three products within the U.S. geographic region and two product ...

permitting too many alternative interpretations in an attempt to accommodate its di- verse constituencies. By 1990, the OECD, th ...

Its revenue is 10% or more of the total revenue of all segments, or Its segment result is 10% of more of the combined result of ...

(d) Information Required for Primary and Secondary Segments. The disclosure re- quirements of IAS 14R and the North American sta ...

22 • 17 In accordance with IAS 14 (Segment Reporting), a breakdown of certain data in the financial statements is given by segme ...

22 • 18 KEY DATA BY SEGMENT (2)Segments Reconciliation Continuing Operations Discontinuing Operations Bayer Group Euros in milli ...

22 • 19 KEY DATA BY REGION Latin America/ North Asia/ Africa/ Continuing Discontinuing Bayer Regions Europe America Pacific Midd ...

solidated cash flow statement. Hence, segmental “gross cash flow” represents oper- ating results adjusted for income taxes curre ...

As the disclosure requirements of SFAS 131 and IAS 14R are relatively new, ac- ademic researchers have not yet had an opportunit ...

few exceptions, users of U.S. GAAP financial statements are missing information viewed as useful by both the FASB and IASC (now ...

22 • 23 Oerlikon Core Contraves Oerlikon-Buhrle Businesses Defense Bally Immobilien Pilatus Zurich Total Orders received 2040 28 ...

22 • 24 Oerlikon Core Contraves Oerlikon-Buhrle Businesses Defense Bally Immobilien Pilatus Zurich Total Number of employeesSwit ...

and geographical segments are presented as primary segment formats with full seg- ment disclosures on each basis, will often pro ...