Operating segments and reportable segments

Question

What is the difference between reportable segments and operating segments? What is the criteria to identify the same?

Answer 1

An operating segment is a component of an entity. For instance a product line of a company. Reportable segment is an operating segment or aggregations of operating segments with following characteristics  [IFRS 8.13]

-its reported revenue, from both external customers and intersegment sales or transfers, is 10 per cent or more of the combined revenue, internal and external, of all operating segments; or
-the absolute measure of its reported profit or loss is 10 per cent or more of the greater, in absolute amount, of (i) the combined reported profit of all operating segments that did not report a loss and (ii) the combined reported loss of all operating segments that reported a loss; or
-its assets are 10 per cent or more of the combined assets of all operating segments.