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NOTES TO THE FINANCIAL STATEMENTS

(CONT)

FOR THE YEAR ENDED 30 JUNE 2015

NOTE 28 OPERATING SEGMENTS

General Information

Identification of reportable segments

The Group has identified its operating segments based on the internal reports that are reviewed and used by the managing director

(chief operating decision maker) in assessing performance and in determining the allocation of resources.

The Group operates in two reporting segments being personal injury and emerging practice areas. The business undertaken by Risk

Worldwide New Zealand Limited does not meet the specific criteria in AASB8 which means it is not considered as its own reporting

segment. Therefore as Risk Worldwide New Zealand Limited currently accounts for significantly less than 10% of the group revenue,

profit or assets, this business has been grouped together with emerging practice areas, as permitted under AASB8.13.

The Group does not have any customers which represent greater than 10% of total revenue.

Types of products and services by segment:

(i) Personal injury

Personal injury remains our core business in damaged based plaintiff litigation and we are continuing to enjoy both organic and

acquisitive growth in this area. Services offered include medical negligence, public liability, catastrophic injuries, workers’

compensation, and motor vehicle accidents. This area also includes the acquisitions of Stephen Browne Personal Injury Lawyers,

Sciacca’s Lawyers and Bradley Bayly.

(ii) Emerging practice areas

The Group has diversified to include emerging practice areas such as disability insurance and superannuation claims, professional

negligence, social justice, class actions, first party insurance recovery claims, landowners’ rights, aviation, product liability and asbestos

compensation. This area includes the acquisition of Emanate Legal Services.

Basis of accounting for purposes of reporting by operating segments

(a) Accounting policies adopted

Unless stated otherwise, all amounts reported to the managing director, being the chief operating decision maker with respect to

operating segments, are determined in accordance with accounting policies that are consistent with those adopted in the annual

financial statements of the Group.

(b) Unallocated items

Any revenues, costs, assets and liabilities that are managed on an overall group basis are not allocated to an individual segment.

Finance income and costs are not allocated to individual segments as the underlying assets are managed on a group basis.

Current and deferred taxes are not allocated to individual segments as they are also managed on a group basis.

(d) Geographic information

All operations are conducted within Australia with the exception of the interest in the associated company, Risk Worldwide

New Zealand Limited which is located in New Zealand.

SHINE CORPORATE LTD | FINANCIAL REPORT | 2015

Financial Report Template Page 58