Creative 2012 Annual Report Download - page 62

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60
CREATIVE TECHNOLOGY LTD AND ITS SUBSIDIARIES
NOTES TO THE FINANCIAL STATEMENTS
For the nancial year ended 30 June 2012
31. SEGMENT INFORMATION (cont’d)
32. NEW OR REVISED ACCOUNTING STANDARDS AND INTERPRETATIONS
Below are the 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 January 2012 or later periods and which the Group has not early adopted:
• Amendments to IAS 1 – Presentation of nancial statements (effective for annual periods beginning on or after 1 July 2012)
The management anticipates that the adoption of the above FRSs, INT FRSs and amendments to FRS in the future periods will not
have a material impact on the nancial statements of the Group and of the Company in the period of their initial adoption.
33. AUTHORISATION OF FINANCIAL STATEMENTS
These nancial statements were authorised for issue in accordance with a resolution of the Board of Directors of CREATIVE
TECHNOLOGY LTD. on 26 September 2012.
Group
2012 2011
US$’000 US$’000
Personal Digital Entertainment 30,322 55,842
Audio 38,835 43,861
Speakers and Headphones 105,063 98,420
All Other Products 17,563 32,902
191,783 231,025
There was no customer who accounted for 10% or more of net revenues for the current and prior nancial years.
The revenue reported to the CODM excludes sales between segments. The revenue from external parties reported to the
CODM is measured in a manner consistent with that in prot or loss. Geographic revenue information for the nancial
years ended 30 June 2012 and 30 June 2011 is based on the location of the selling entity.
The CODM assesses the performance of the operating segments based on net prot or loss. This is the measure reported
to the CODM for the purposes of resource allocation and assessment of segment performance.
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 product category: