Singapore -- Accounting Separation Guidelines

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These Accounting Separation Guidelines (the "Guidelines") establish a structured regulatory reporting framework that will allow Info-Comm Development Authority (IDA) of Singapore to monitor the ICT sector for potential anti-competitive behaviour. The requirements are also designed to provide a structured approach to guide Licensees when they submit information to the IDA in order to facilitate the comparison of Licensee data, to help ensure that Licensees report to the IDA on a timely, consistent, and accurate basis, and to help Licensees better understand the IDA's information requirements and regulatory functions. The Guidelines establish two levels of accounting separation: detailed segment reporting. Detailed segment reporting requires separate reporting of key service segments and certain individual retail services. The requirements include a specified cost allocation process and prescribed allocation methodologies for certain cost and revenue items. This form of reporting applies to Dominant Facilities-Based Operators (FBOs) and certain other entities. Simplified Segment Reporting requires less aggregation of operations and a less rigourous cost allocation process. Only income statement reporting is required. Simplified Segment Reporting applies to entities that control Dominant FBOs or that have certain types of interests (ownership, voting rights, etc) in Dominant FBOs.