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Q.No.6: Zeeshan Limited (ZL), a listed company, is engaged in 'spinning', 'weaving', 'knitting'. dyeing', and 'home textile' business result of each business segment for the

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Q.No.6: Zeeshan Limited (ZL), a listed company, is engaged in 'spinning', 'weaving', 'knitting'. dyeing', and 'home textile' business result of each business segment for the year ended June 30, 2018 are as follows: Business Segments Sales Gross Profit Assets Operating Expenses Liabilities Spinning 20.000 Weaving 5.500 Knitting 3.000 Dycing 3.200 Home Textile 2.500 1.800 0.825 0.420 0.384 0.200 0.800 0.275 0.220 0.175 0.100 15.000 4.000 1.200 4.500 2.500 0.750 0.250 0.075 0.125 0.150 Total 34.200 3.629 1.570 27.200 1.350 Inter-segment sales by spinning' to 'weaving' & 'knitting is Rs. 2 billion and Rs 0.70 billion respectively and by weaving to dyeing' is Rs. 1.5 billion. Spinning inter-segment sales have been sold at 9% margin and that of 'weaving at 15% margin. Operating expenses, assets and liabilities amounting to Rs.0.5 billion, Rs. 0.25 billion and Rs. 0.1 billion respectively, have not been allocated to any segment Required: In accordance with IFRS 8 - Operating Segments: D Determine the reportable segment of ZL. ii) Show how these reportable segments would be disclosed in Zl's financial statements for the year ended June 30, 2018

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