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## NOTEs TO THE FINANCIAL sTATEMENTs 

FAIRFAx MEDIA LIMITED AND CONTROLLED ENTITIES FOR THE PERIOD ENDED 30 JUNE 2013 

## 37. sEGMENT REPORTING 

## (A) DESCRIPTION OF SEGMENTS 

The Group has identified its operating segments based on the internal reports that are reviewed and used by the Board of Directors, CEO and CFO in assessing performance and in determining the allocation of resources. 

During the 2013 financial year, the Printing Operations division was restructured to form part of corporate services. As a result, Printing Operations is no longer a reportable segment and its results have been allocated to the Metropolitan Media, Fairfax Regional Media and New Zealand Media segments. The Group is organised into five reportable segments based on aggregated operating segments determined by similar product and services provided, economic characteristics and geographical considerations. 

The prior year financial information has been restated under the new reportable segments. Refer to Note 1(W) for disclosure on operating segments. 

On 21 December 2012, the Group disposed of its remaining 51% interest in Trade Me Group Ltd. The Group disposed of the US Agricultural Media business on 14 November 2012. The US Agricultural Media business was part of the Fairfax Regional Media reportable segment. 

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Although the broadcasting segment does not meet the quantitative thresholds required by AASB 8, management has concluded that disclosure of this segment would be beneficial to users of the financial statements. 

## (B) RESULTS BY OPERATING SEGMENT 

The segment information provided to the Board of Directors, CEO and CFO for the reportable segments for the year ended 30 June 2013 is as follows: 

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