NOTES TO THE FINANCIAL STATEMENTS
For the Financial Year Ended 31 December 2014
46 SEGMENT INFORMATION (CONT’D)
2014 Operating Segments
Resources Real Estate Hospitality Others Elimination Consolidated
$’000
$’000
$’000
$’000
$’000
$’000
Revenue
External revenue
743,364 21,392
–
–
– 764,756
Inter-segment revenue
–
57
–
–
(57)
–
Total revenue
743,364 21,449
–
–
(57)
764,756
Segment results
Operating profit
17,166 42,311
(2,616)
(11,313)
–
45,548
Fair value changes in investment
properties
– (4,021)
–
–
–
(4,021)
Impairment losses
(1,267)
–
–
–
–
(1,267)
Finance costs
(6,915)
(4,322)
– (18,511)
–
(29,748)
Share of results of equity-accounted
associates and joint ventures
(970)
16,340
(504)
–
–
14,866
Profit/(loss) before tax
8,014 50,308
(3,120)
(29,824)
–
25,378
Income tax (expense)/credit
(8,679)
(442)
(623)
560
–
(9,184)
Profit/(loss) after tax
(665)
49,866
(3,743)
(29,264)
–
16,194
Profit/(loss) attributable to:
Owners of the Company
1,299 50,294
(3,743)
(29,264)
–
18,586
Non-controlling interests
(1,964)
(428)
–
–
–
(2,392)
(665)
49,866
(3,743)
(29,264)
–
16,194
Segment Assets
278,113 1,144,335 171,950 397,705
– 1,992,103
Segment Liabilities
192,993 355,949
– 37,263
– 586,205
Other information:
Dividend income
– 5,859
2,334
–
–
8,193
Interest income
2,789
764
1,327
515
–
5,395
Depreciation
2,428
521
–
8
–
2,957
Amortisation
683
–
–
–
–
683
Other material non-cash items:
Impairment of associates and joint
venture
1,219
–
–
–
–
1,219
Impairment of available-for-sale
investment securities
37
–
–
–
–
37
Revaluation deficit of properties
11
–
–
–
–
11
Associates and joint ventures
25,922 307,869 94,401
–
– 428,192
Additions to non-current assets
6,158 77,431
–
–
–
83,589
165
THE STRAITS TRADING COMPANY LIMITED ANNUAL REPORT 2014
