Creative 2015 Annual Report Download - page 60

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60
CREATIVE TECHNOLOGY LTD AND ITS SUBSIDIARIES
NOTES TO THE FINANCIAL STATEMENTS
For the nancial year ended 30 June 2015
32. SEGMENT INFORMATION (cont’d)
Group
2015 2014
US$’000
US$’000
Audio, speakers and headphones 90,216 103,565
Personal digital entertainment 5,101 8,171
Other products 4,165 4,596
99,482 116,332
There was no customer who accounted for 10% or more of net revenues for the current and prior nancial years.
Summary of property and equipment by country:
Group
2015 2014
US$’000
US$’000
Singapore 45,401 51,751
United States of America 16,680 17,228
Ireland 31,103 39,829
Other countries 6,298 7,524
99,482 116,332
Summary of net sales by product category:
Group
2015 2014
US$’000
US$’000
Singapore 569 1,051
United States of America 786 848
Ireland 3 4,562
Other countries 3 4
1,361 6,465
33. NEW OR REVISED ACCOUNTING STANDARDS AND INTERPRETATIONS
Mandatory standards, amendments and interpretations to existing standards that have been published, and are relevant for the
Group’s accounting periods beginning on or after 1 July 2015 and which the Group has not early adopted:
FRS 109 Financial instruments, addresses the classication, measurement and recognition of nancial assets and nancial
liabilities. FRS 109 replaces the guidance in FRS 39 that relates to the classication and measurement of nancial instruments.
FRS 109 retains but simplies the mixed measurement model and establishes three primary measurement categories for nancial
assets: amortised cost, fair value through other comprehensive income (“OCI”) and fair value through prot and loss. The
basis of classication depends on the entity’s business model and the contractual cash ow characteristics of the nancial asset.
Investments in equity instruments are required to be measured at fair value through prot or loss with the irrevocable option at
The amounts provided to the CODM with respect to total assets are measured in a manner consistent with that of the nancial
statements. For the purposes of monitoring segment performance and allocating resources between segments, the CODM monitors
the total assets attributable to each segment. All assets are allocated to reportable segments.
The amounts provided to the CODM with respect to total liabilities are measured in a manner consistent with that of the nancial
statements. These liabilities are allocated based on the operations of the segment. All liabilities are allocated to reportable segments.
Summary of net sales by country: