videocon industries limited - Domain-b

18. Segment Information
i) The Company and its subsidiaries have identified three reportable segments viz. Crude Oil & Natural Gas, Consumer Electronics & Home Appliances and Telecommunications. Segments have
been identified and reported taking into account nature of products and services, the differing risks and return.
a) Segment revenue and expenses include the respective amounts identifiable to each of the segments on the basis of relationship to operating activities of the segment as also amounts allocated
on a reasonable basis. Revenue and expenses which relate to enterprise as a whole and are not allocable to a segment on reasonable basis have been disclosed as “Unallocable”
b) Segment assets and segment liabilities represent assets and liabilities in respective segments. Investments, tax related assets and other corporate assets and liabilities that cannot be
allocated between the segment are disclosed as “Unallocable”.
c) Primary Segment Information - Business segment:
(Rs. In Million)
Particulars
Consumer Electronics &
Home Appliances
30th Sept.
2008
30th Sept.
2007
Crude Oil & Natural Gas Telecommunications Others Total
30th Sept.
2008
30th Sept.
2007
30th Sept.
2008
30th Sept.
2007
30th Sept.
2008
30th Sept.
2007
30th Sept.
2008
30th Sept.
2007
1. Segment Revenue
- External Segment 103,294.52 111,869.38 19,076.00 14,101.91 - - - - 122,370.52 125,971.29
- Inter Segment - - - - - - - - - -
Total Segment 103,294.52 111,869.38 19,076.00 14,101.91 - - - - 122,370.52 125,971.29
2. Segment Result before Interest 11,868.25 6,415.19 5,743.21 4,427.70 - - - - 17,611.46 10,842.89
Less: Interest Expenses - - - - - - - - 5,326.04 4,565.37
Add/(Less) Other Unallocable - - - - - - - - 515.57 2,955.74
Profit before Exceptional Items and
- - - - - - - - 12,800.99 9,233.26
Taxation
Add/(Less) : Exceptional Items - - - - - - - - (1,278.10) -
Add: Share of Profit in Associate
50.80 31.18
Company
Add: Adjustment on Disposal
Cessation of Subsidiaries/
Associates
- - - - - - - - 2,880.45 18.01
Less : Provision for Current Tax - - - - - - - - 1,616.84 1,282.77
Less : Provision for Deferred Tax - - - - - - - - 1,765.02 1,085.70
Less : Provision for Fringe Benefit
22.93 23.89
Tax
Profit before Minority Interest - - - - - - - - 11,049.35 6,890.09
Add/(Less): Minority Interest (60.04) 100.77
Profit for the year 10,989.31 6,990.86
Consumer Electronics &
Home Appliances
Crude Oil & Natural Gas Telecommunications Unallocable Total
30th Sept.
2008
30th Sept.
2007
30th Sept.
2008
30th Sept.
2007
30th Sept.
2008
30th Sept.
2007
30th Sept.
2008
30th Sept.
2007
30th Sept.
2008
30th Sept.
2007
3. Other Information
Segment Assets 127,876.08 147,959.68 12,536.46 3,630.22 20,217.73 - 47,596.34 18,857.77 208,226.61 170,447.68
Segment Liabilities 71,401.45 86,440.28 9,776.43 1,655.69 19,257.73 - 39,033.49 13,007.63 139,469.10 101,103.60
Capital Expenditure 11,764.77 14,638.42 1,271.06 984.07 36.62 - - 75.67 13,072.45 15,698.16
Depreciation 7,156.22 5,604.97 576.47 913.97 - - 72.22 66.29 7,804.91 6,585.23
ii)
Secondary Segment Information
(Rs. in Million)
Particulars Within India Outside India Total
a. Segment Revenue - External Turnover 108,479.39 13,891.14 122,370.52
b. Segment Assets 180,039.52 28,187.09 208,226.61
c. Segment Liabilties 112,581.98 26,887.12 139,469.10
d. Capital Expenditure 10,188.87 2,883.58 13,072.45
As per Accounting Standard 17 on segment reporting (AS-17) issued by the Institute of Chartered Accountants of India, the Company has reported segement information on consolidated basis
including the business conducted through it’s subsidiaries.
19. The figures of the current year are not comparable with those of the previous year, as the current year’s figures do not include operations of certain subsidiaries for full year, consequent to their
cessation to be subsidiaries of the Company and include operations of certain subsidiaries for part of the year, consequent to their aquisition / formation as stated in Note No. A-1 (e) above.
20. Figures in respect of previous year have been regrouped and recasted wherever necessary to make them comparable with those of current year.
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