What is Segment Reporting?
Segment reporting is the disclosure of financial information by business segment or geographic area, helping users understand the different parts of a diversified company.
How It Works
- Identify operating segments per IFRS 8 (or the local equivalent).
- Report revenue, profit, assets, and other key metrics by segment.
- Reconcile segment totals to the group statements.
Saudi Context
Tadawul-listed conglomerates (Almarai, SABIC, STC) disclose segment data under IFRS 8 in their annual reports, broken down by business line and geography.
Example
A Saudi food group reports separate revenue and profit for dairy, bakery, poultry, and infant-nutrition segments in its annual filing.