AGS Transact Technologies Limited
Annexure VI: Notes to the Revised Restated Consolidated Financial Information

Note 48
Segment information
Ind AS 108 establishes standards forthe way that business enterprises report information about operating segments and related disclosures about products and services and major customers. Based on the “management approach’ as defined in Ind AS 108, the Chief Operating Decision

Maker (CODM) evaluates the Group’s performance and allocates the resources based on the analysis of various performance indicators by business segments.

Information regarding the results of each reportable segment is included below. Performance is measured based on segment results, as included in the internal management reports that are reviewed by the Chief Operating Decision Maker (CODM). Segment results is used to measure

performance as management believes that such information is most relevant in evaluating the results of certain segments relative to other entities that operate within these industries, Inter-segment pricing is determined on an arm lengths basis.

‘Segment results is segment revenue less segment expenses. Segment expense is the aggregate of the expense resulting from the operating activities of a segment that is directly attributable to the segment, including expenses that can be allocated on a reasonable basis
"The Group's business segment have been divided into three business verticals - Payment Solutions, Banking Automation Solutions and Other Automation Solutions.

Payment Solutions ~ Comprises of ATM outsourcing and managed services, cash management services, intelligent cash deposit machines (CDs), Digital payment services which includes toll and transit solutions, Fastlane, transaction switching service, services through point of sale
(POS) machine and agency banking.

Banking Automation Solutions ~ Comprises of sale of ATM machines and cash recyclers, currency technology products and self service terminals, related services and upgrades.

Other Automation Solutions ~ Comprises of sale of machines and related services to customers present in the Retail, Petroleum and Colour sectors

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