Example consolidated financial statements - Flipbook - Page 51
Notes to the consolidated financial statements
For the year ended 31 December 2020 (expressed in thousands of Euroland currency units, except per share amounts)
For the year ended 31 December 2019
Consulting
Service
Retail
Other
Total
109,302
17,832
59,310
3,756
190,200
11,015
Revenue
IFRS 8.23(a)
From external
customers
IFRS 8.23(b)
From other segments
Discontinued operations
Segment revenues
–
–
11,015
–
110
–
–
–
110
109,412
17,832
70,325
3,756
201,325
Changes in inventories
(4,123)
–
(2,692)
–
(6,815)
IFRS 8.23(f)
Costs of materials
(17,737)
(5,350)
(18,734)
(1,315)
(43,136)
IFRS 8.23(f)
Employee benefits
expense
(58,487)
(9,542)
(38,148)
(2,010)
(108,187)
IFRS 8.23(e)
Depreciation and
amortisation of
non-financial assets
(3,578)
(596)
(3,084)
(133)
(7,391)
IAS 36.129(a)
Impairment of
non-financial assets
(190)
–
–
–
(190)
IFRS 8.23(f)
Other expenses
(9,213)
(100)
(1,761)
(20)
(11,094)
IFRS 8.23
Segment operating
profit
16,084
2,244
5,906
278
24,512
IFRS 8.23
Segment assets
58,097
15,100
48,442
1,911
123,550
IFRS 8.23
Segment liabilities
29,763
14,994
29,110
1,095
74,962
The Group’s non-current assets (other than financial instruments, investments accounted for using
the equity method, deferred tax assets and post-employment benefit assets) are located into the
following geographic regions:
31 December 2020
31 December 2019
45,991
40,170
United Kingdom
5,749
5,021
USA
5,174
4,519
IFRS 8.33(b)
Euroland (domicile)
Other countries
Total
IFRS 8.33(a)
575
502
57,489
50,212
Non-current assets are allocated based on their physical location. The above table does not
include discontinued operations (disposal groups), for which revenue and assets can be attributed
to Euroland.
Revenues from external customers in the Group’s domicile, Euroland, as well as its major markets,
the United Kingdom and the USA, have been identified on the basis of the customer’s geographical
location and are disclosed in Note 8.
IFRS 8.34
During 2020, CU 24,744 or 12% (2019: CU 21,076 or 11%) of the Group’s revenues depended on a
single customer in the consulting segment.
Illustrative Corporation Group: IFRS Example Consolidated Financial Statements – 31 December 2020 49
