4.8 Interim Period Information

50-32 A public entity shall disclose all of the following about each reportable segment in condensed financial statements of interim periods:

1. Revenues from external customers
2. Intersegment revenues
3. A measure of segment profit or loss
4. Total assets for which there has been a material change from the amount disclosed in the last annual report
5. A description of differences from the last annual report in the basis of segmentation or in the basis of measurement of segment profit or loss
6. A reconciliation of the total of the reportable segments’ measures of profit or loss to the public entity’s consolidated income before income taxes and discontinued operations. However, if a public entity allocates items such as income taxes to segments, the public entity may choose to reconcile the total of the segments’ measures of profit or loss to consolidated income after those items. Significant reconciling items shall be separately identified and described in that reconciliation.

50-33 Interim disclosures are required for the current quarter and year-to-date amounts. Paragraph 270-10-50-1 states that when summarized financial data are regularly reported on a quarterly basis, the information in the previous paragraph with respect to the current quarter and the current year-to-date or the last 12 months to date should be furnished together with comparable data for the preceding year.