Change - S P Setia Berhad

143
S P Setia Berhad Group
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2008
52. SEGMENTAL ANALYSIS (cont’d)
Property
development Construction Others Elimination Consolidated
2007 RM’000 RM’000 RM’000 RM’000 RM’000
REVENUE
External sales 927,149 171,706 54,948 – 1,153,803
Inter-segment sales 30,695 16,291 13,978 (60,964) –
Total revenue 957,844 187,997 68,926 (60,964) 1,153,803
RESULTS
Segment results 270,485 7,311 4,891 – 282,687
Net profit from investing activities – others 17,636
Share of associated companies’ profit
and dividend on preference shares 21,398 8,044 (1) – 29,441
Finance costs (1,273)
Profit before taxation 328,491
Tax expense (68,423)
Profit for the year 260,068
OTHER INFORMATION
Segment assets 2,303,682 123,160 265,170 – 2,692,012
Investment in associated companies 27,869 116,533 42 – 144,444
Current and deferred tax assets 45,576
Consolidated total assets 2,882,032
Segment liabilities 925,840 80,830 10,622 – 1,017,292
Current and deferred tax liabilities 23,365
Consolidated total liabilities 1,040,657
Capital expenditure 61,165 712 793
Amortisation and depreciation 5,788 966 718
Other non-cash items 18,714 8,479 10,502
(a)
Primary reporting format – business segment
The operations of the Group are primarily organised in Malaysia into three main segments:
(i) Property development – Property development
(ii) Construction – Building and highway construction
(iii) Others – Manufacturing, trading and investing
Transactions between segments were entered into in the normal course of business and were established on terms and
conditions that are not materially different from that obtainable in transactions with unrelated parties. The effects of such
inter-segmental transactions are eliminated on consolidation.
(b)
Secondary reporting format – geographical segment
The operations of the Group are primarily carried out in Malaysia.