Additional information You were able to save some limited amount of information from the notes left behind by Pennyworth and transcribed these into the separate sections You were able to some notes which the assistant down on a sheet of paper while he wa r ing to work on the report. These were as follows The total revs of the Surveillance division was 25% of the total revenues of the company 2. The total revenues of the Apparel division was 79 of the external revenues of the company The return on assets for the Communication division was 3596 4. The return on sales for the Apparel division was 5. The profits for the Aviation division was 10 of its total assets Next, the assistant applied the required to determine which of the divisions discussed above are to be considered as reportable segments and obtained the following information Resetest 1. The total revenues for the Combat division exceeded the revenge test threshold figure by S2000 2. Similarly, the total revenues for the Aviation division exceeded the revenue test threshold figure hy 176.000 C) Operating profit test Norsure about this section. To he d i ed later (i) Identifiable Assets test: The best threshold figure for identifiable assets amounted to 564.000. 1. The identifiable assets for the Combat division exceeded the test threshold figure by S136,000 2 Similarly, the identifiable assets for the Apparel division was less than the test threshold figure by $27.000 3. The Transport division reported its annual interest expense for the year to be 51.280. This interest expense, accruing annually, was paid in cash at a coupon rate of 5% on long term bonds The bonds were the only liabilities for the division and their amount was duly reported at the year end C. The liabilities for each segment equaled 80% of the assets of that respective segment Aviation Cabal NOI $4,000 NOS Figure I-in-000 Surveillance Transport Apparel Communication NO N NOG 0 5.000 21,00 20,000 09 NIC NII 1 . NIS NIZI N20 N21 (29.900 - Operation Division Revenue Extemal Intersement Total Rev Cost of Goods Sold Cases Operating Expenses Operating Profit (Loss) NIE 55 N25 62.000 N2 N2 (3.600) N29 NO N33N 56.00 NJI REQUIRED: 1. Determine the several missing primary numbers which are blank and marked N01-N36, in the table given above. Show detailed computations for each figure. Also show your computations for other supporting figures which maybe be required for the computation of these numbers 2. Identify which of the six divisions shown above are to be considered as reportable segments. Be sure to indicate in detail how these segments have met all the classification requirements as specified by IFRS. If you have made any exceptions to the IFRS requirements, be sure to clearly specify them and give reasons for doing so. 3. Identify and describe the three additional factors under IFRS to be considered while applying the tests identifying reportable segments. 4. IFRS requires the disclosures of specific financial data related to the reporting for segments. Use the data as determined by you to report the required information in the following format given below: Other Total Items/Divisions External Revenues Intersegment Revenues Total Revenues Cost of Goods Sold Operating Expenses Total Expenses Operating Profit (Loss) Identifiable Assets Liabilities Additional information You were able to save some limited amount of information from the notes left behind by Pennyworth and transcribed these into the separate sections You were able to some notes which the assistant down on a sheet of paper while he wa r ing to work on the report. These were as follows The total revs of the Surveillance division was 25% of the total revenues of the company 2. The total revenues of the Apparel division was 79 of the external revenues of the company The return on assets for the Communication division was 3596 4. The return on sales for the Apparel division was 5. The profits for the Aviation division was 10 of its total assets Next, the assistant applied the required to determine which of the divisions discussed above are to be considered as reportable segments and obtained the following information Resetest 1. The total revenues for the Combat division exceeded the revenge test threshold figure by S2000 2. Similarly, the total revenues for the Aviation division exceeded the revenue test threshold figure hy 176.000 C) Operating profit test Norsure about this section. To he d i ed later (i) Identifiable Assets test: The best threshold figure for identifiable assets amounted to 564.000. 1. The identifiable assets for the Combat division exceeded the test threshold figure by S136,000 2 Similarly, the identifiable assets for the Apparel division was less than the test threshold figure by $27.000 3. The Transport division reported its annual interest expense for the year to be 51.280. This interest expense, accruing annually, was paid in cash at a coupon rate of 5% on long term bonds The bonds were the only liabilities for the division and their amount was duly reported at the year end C. The liabilities for each segment equaled 80% of the assets of that respective segment Aviation Cabal NOI $4,000 NOS Figure I-in-000 Surveillance Transport Apparel Communication NO N NOG 0 5.000 21,00 20,000 09 NIC NII 1 . NIS NIZI N20 N21 (29.900 - Operation Division Revenue Extemal Intersement Total Rev Cost of Goods Sold Cases Operating Expenses Operating Profit (Loss) NIE 55 N25 62.000 N2 N2 (3.600) N29 NO N33N 56.00 NJI REQUIRED: 1. Determine the several missing primary numbers which are blank and marked N01-N36, in the table given above. Show detailed computations for each figure. Also show your computations for other supporting figures which maybe be required for the computation of these numbers 2. Identify which of the six divisions shown above are to be considered as reportable segments. Be sure to indicate in detail how these segments have met all the classification requirements as specified by IFRS. If you have made any exceptions to the IFRS requirements, be sure to clearly specify them and give reasons for doing so. 3. Identify and describe the three additional factors under IFRS to be considered while applying the tests identifying reportable segments. 4. IFRS requires the disclosures of specific financial data related to the reporting for segments. Use the data as determined by you to report the required information in the following format given below: Other Total Items/Divisions External Revenues Intersegment Revenues Total Revenues Cost of Goods Sold Operating Expenses Total Expenses Operating Profit (Loss) Identifiable Assets Liabilities