Diploma PLC – Annual report – 30 September 2025
Industry: distribution
3. Business Sector analysis
The Chief Operating Decision Maker (CODM) for the purposes of IFRS 8 is the CEO. The financial performance of the business Sectors is reported to the CODM on a monthly basis and this information is used to allocate resources on an appropriate basis.
For management reporting purposes, the Group is organised into three main reportable business Sectors: Controls, Seals and Life Sciences. These Sectors are the Group’s operating segments as defined by IFRS 8 and form the basis of the primary reporting format disclosures below. The CODM reviews discrete financial information at this operating segment level. The principal activities of each of these Sectors are described in the Strategic Report on pages 22 to 33. Sector revenue represents revenue from external customers; there is no material inter-Sector revenue. Sector results, assets and liabilities include items directly attributable to a Sector, as well as those that can be allocated on a reasonable basis.
Sector assets exclude cash and cash equivalents, deferred tax assets, retirement benefit assets, acquisition related assets and corporate assets that cannot be allocated on a reasonable basis to a business Sector. Sector liabilities exclude borrowings (other than lease liabilities), deferred tax liabilities, acquisition liabilities and corporate liabilities that cannot be allocated on a reasonable basis to a business Sector. These items are shown collectively in the following analysis as ‘unallocated assets’ and ‘unallocated liabilities’, respectively.
1 Prior year’s segmental acquisition amounts have been incorporated into the existing segmental amounts for better comparability.
OTHER SECTOR INFORMATION
Accrued income (contract assets) at 30 September 2025 of £0.1m (2024: £0.8m) and deferred revenue (contract liabilities) of £2.6m at 30 September 2025 (2024: £2.8m) are included in trade and other receivables (note 16) and trade and other payables (note 17), respectively.
4. Geographic segment analysis by origin
1 Non-current assets excludes deferred tax assets, derivative assets and retirement benefit assets.
2 United Kingdom includes the UK related corporate segment.
Accounts examples 