NOTES TO THE FINANCIAL STATEMENTS
For the financial year ended 31 December 2015
154
THE STRAITS TRADING COMPANY LIMITED
45.
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 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
