Question
Hello. Please help and explain step by step. Thank you ---- SM Prime Holdings is organized into business units based on their products and services
Hello. Please help and explain step by step. Thank you ----
SM Prime Holdings is organized into business units based on their products and services and has four operating segments as follows:
- Mall
- Residential
- Commercial
- Hotels and Convention
Management through the executive committee monitors the operating results of its business units separately for the purpose of making decisions about resource allocation and performance assessment. Segment performance is evaluated based on operating profit or loss and is measured consistently with the operating profit or loss in the consolidated financial statement
Transfer prices between business segments are set on an arm's length basis similar transactions with non related parties. Such transfers are eliminated in the consolidated financial statements
Shown below is the business segment data of SMPH
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