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Raffles Insitutep Xpo - Raffles Medical Group

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RAFFLES MEDICAL GROUP<br />

p68<br />

NOTES TO THE FINANCIAL STATEMENTS (CONT’D)<br />

26 Segment Reporting (cont’d)<br />

Business Segments (cont’d)<br />

2003<br />

Revenue and expenses<br />

Healthcare Hospital Investment<br />

services services holdings Eliminations Consolidated<br />

$’000 $’000 $’000 $’000 $’000<br />

Total revenue from external<br />

customers 61,486 37,518 101 – 99,105<br />

Inter-segment revenue 17 3,016 506 (3,539) –<br />

61,503 40,534 607 (3,539) 99,105<br />

Segment results 8,241 1,360 278 – 9,879<br />

Finance costs (91)<br />

Share of profits in a jointly<br />

controlled entity – – 420 – 420<br />

Income tax expense (2,200)<br />

Minority interests 52<br />

Net profit for the year 8,060<br />

Other segment information<br />

Capital expenditure 951 996 – (53) 1,894<br />

Depreciation expense 1,116 1,975 191 – 3,282<br />

Amortisation expense – – 57 – 57<br />

Other non-cash expenses 548 332 48 – 928

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