Annual Report - Mandarin Oriental Hotel Group

Notes to the Financial Statements
1 Revenue
2007 2006
US$m US$m
Analysis by geographical area
– Hong Kong and Macau 200.8 106.3
– Other Asia 119.3 111.0
– Europe 146.4 123.3
– The Americas 63.0 64.0
529.5 404.6
Analysis by activity
– Hotel ownership 509.5 383.8
– Hotel management 48.1 38.7
– Less: Intra-Group revenue (28.1 ) (17.9 )
529.5 404.6
The Group considers its primary reporting segment to be geographic. The Group is operated on a worldwide basis in
four regions: Hong Kong and Macau, Other Asia, Europe and The Americas. In addition, the Group has two distinct
business segments: hotel ownership and hotel management. The Group’s segmental information is more fully
described in note 19.
2 Operating profit
Restated
2007 2006
US$m US$m
Analysis by geographical area
– Hong Kong and Macau 54.2 (1.8 )
– Other Asia 3.6 9.0
– Europe 47.0 28.4
– The Americas 2.9 9.5
107.7 45.1
– Gain on disposal of The Mark (refer note 5) – 76.8
107.7 121.9
Analysis by activity
– Hotel ownership 92.4 33.7
– Hotel management 15.3 11.4
107.7 45.1
– Gain on disposal of The Mark (refer note 5) – 76.8
107.7 121.9
The operating profit from hotel management in 2006 has been restated to reflect the reallocation of Group
management costs related to hotel ownership and the corporate function from hotel management activities where
they were previously reported.
Annual Report 2007 47