Union Carbolics Inc. has five operating segments. Segment operating data (in millions of Canadian dollars)...
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Accounting
Union Carbolics Inc. has five operating segments. Segment operating data (in millions of Canadian dollars) for the year 20X6 are as follows:
Segment | Intersegment Sales | Sales to External Customers | Total Assets | Operating Profit (Loss) | |||||||||||
Chemicals | $ | 450 | $ | 1,500 | $ | 1,020 | $ | 90 | |||||||
Plastics | 150 | 1,050 | 1,350 | 112 | |||||||||||
Adhesives | 325 | 300 | 9 | ||||||||||||
Solvents | 275 | 255 | (18 | ) | |||||||||||
Coatings | 330 | 225 | (21 | ) | |||||||||||
Totals | $ | 600 | $ | 3,480 | $ | 3,150 | $ | 172 | |||||||
Required: Identify which of the segments are reportable/ Non-reportable segments under IFRS.
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