The following segment information is presented for Beach Ltd.

Segment revenue Segment profitSegment Assets

($000)($000)($000)

Food375145845

Beverages315155595

Hotels59(38)168

Total7492621608

Other information:

The segment revenue presented above are all external revenue. The total revenue of BeachLtd is $1.2 million

Required:

a) Determine which segments of Beach Ltd are reportable in accordance with AASB 8 'Operating Segment". You are required to show the calculations for each segment explaining whether the guidelines are met or not.

b) Determine and explain whether additional operating segments should be identified as reportable segments.