Turn to the annual report of a listed company which you have used for activities in previous chapters. Is this a group? How do you know? Where is the list of subsidiary companies? If you do not have a group report, obtain another annual report which is for a group of companies (nearly all large listed companies operate in group form). As a group, imagine that you are a team of analysts seeking to break down the component segments of the group for analytical purposes. How much information can you find about the segments? What are the problems of defining segments in this group? If you can obtain the annual report for the previous year, compare the definitions of segments. Are they consistent from one year to the next? Based on your analysis, prepare a short essay (250 words): ‘The usefulness of segmental information in the analysis of group performance’.