Ulluwatu Ltd has six segments that the chief operating decision maker reviews when making assessments of performance and evaluating and making resource allocation decisions. These segments of the organisation are:

• Travel
• Student accommodation
• Entertainment
• Consulting
• Building
• Sandmining

While the sales of the consulting segment are predaominantly external and within Australia, it did make $125 000 in intersegment sales to the entertainment segment, and these sales generated a profit of $12 500. All inter-segment liabilities have been paid and the materials sold between the segments have since  sold externally. No other segments are involved in intersegment sales.

Financial information for the year for the respective segments as provided to the chief operating decision maker is as follows:

Other information

• The above information represents the information that the chief operating decision maker uses in assessing the components of the organisation.
• Taxes are not allocated to individual components of the entity.
• There are no investments in associates or joint ventures.
• The income tax expense for the year is $ 75,000.
• Unallocated corporate liabilities total $ 250,000.
• Unallocated corporate expenses total $ 50,000.
• Total non-current assets of the entity amount to $30 000 000.
• The entity has goodwill of $5 000 000, which is not allocated to operating segments.
• Other unallocated corporate assets total $125 000.
• Head office, which is not treated as an operating segment, earns revenues directly in the amount of $25 000.
• Across the entire entity there was only one customer that accounted for 10 percent or more of the entity’s total revenues. This customer accounted for revenue totalling $375 000 and made its purchases from  travel operating segment.
• In terms of the geographical aspects of the entity, all assets are held within Australia; however, one segment, sandmining, sells all its product to Kuwait.

REQUIRED
Prepare the segment information note that would appear in the financial report of Ulluwatu Ltd in accordance with AASB 8.

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Travel Student accommodation Entertainment Consulting Building Sandmining Total Travel Student 75 37.5 accommodation Entertainment 62.5 Consulting 50 Building 15 Sandmining 10 Total 250 Total sales ($000) Profit before tax ($000) Assets ($000) 1 750 162.5 20 000 50 6 250 (25) 5 000 87.5 8 750 15 10 300 625 375 750 75 50 3 625 Depreciation and Other non-cash Liabilities amortisation ($000) expenses ($000) ($000) 7 500 3 750 2 500 6 250 37.5 25 37.5 50 7.5 5 162.5 750 500 41 250 375 125 20 500 Capital acquisitions ($000) 625 125 250 500 1 500 Interest revenue ($000) 12.5 12.5 Interest expense ($000) - 7.5 7.5