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114
JOHN DANIEL HOLDINGS LIMITED AND ITS SUBSIDIARIES
INTEGRATED ANNUAL REPORT 2011
Notes to the Annual Financial Statements
- Continued
Annual Financial Statements for the 15 months ended 30 September 2011
35. Segment report
The basis for reporting segmental financial information is in accord with IFRS 8: Operating Segments. In terms of IFRS
8, operating segments were identified based on financial information regularly reviewed by the board of directors for
performance assessment and resource allocations. For management purposes the group is organised into the following
operational segments:
Operational segment
Companies incorporated in segment
• Biotechnologies
Cryo-Save SA (Pty) Limited and Lazaron Biotechnologies (SA) Limited
• Agri-packaging
Vinguard Limited
• Financial services
Viscacom (Pty) Limited
• Corporate
John Daniel Holdings Limited
Group
2011
2010
Revenue
Biotechnologies
5 796 755
1 937 286
Agri-packaging
368 590
3 776 947
Financial Services
125 639
-
Corporate
1 549 001
-
Eliminations
(1 376 376)
-
6 463 609
5 714 233
Operating loss
Biotechnologies
(2 943 623)
(992 273)
Agri-packaging
(361 458)
(6 368 894)
Financial Services
(48 994)
-
Corporate
(2 802 223)
(11 102 296)
Eliminations
-
9 398 158
(6 156 298)
(9 065 305)
Assets
Biotechnologies
10 175 053
3 459 379
Agri-packaging
9 086 978
2 879 549
Financial Services
4 416 799
-
Corporate
14 291 702
6 002 735
Eliminations
(11 823 271)
(3 566 785)
26 147 261
8 774 878