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Financial reporting - international financial reporting standards - IFRS 8.
Under IFRS 8 (Operating segments) an operating segment is a component of a reporting entity:
- That engages in business activities from which it may earn revenues and incur expenses;
- Whose operating results are reviewed regularly by the entity's chief operating decision maker to make decisions about resources to be allocated to the segment and assess its performance; and
- For which discrete financial information is available.