Annual Report 2012 - singapore land limited

Singapore Land Limited - Annual Report 2012
93
NOTES TO THE FINANCIAL STATEMENTS
For the fi nancial year ended 31 December 2012
31. SEGMENT INFORMATION (continued)
Geographical information
Singapore is the home country of the Company which is also an operating company. The areas of operation
are holding of investment properties for leasing, property development and trading, investment holding, property
management, and investment in hotels and retail centres.
Revenue is based on the country in which the sale is originated. Non-current assets are shown by the geographical
area in which the assets are located.
Revenue
Non-current assets
2012 2011 2012 2011 2010
$’000 $’000 $’000 $’000 $’000
(restated) (restated)
Singapore 509,256 615,296 5,583,237 5,268,959 5,128,754
China 71,346 - 134,391 142,483 25,453
580,602 615,296 5,717,628 5,411,442 5,154,207
32. NEW OR REVISED ACCOUNTING STANDARDS AND INTERPRETATIONS
Certain new standards, amendments and interpretations to existing standards have been published and are
mandatory for the Group’s accounting periods beginning on or after 1 January 2013 or later periods which the
Group has not early adopted. The Group does not expect that the adoption of these accounting standards or
interpretations will have a material impact on the Group’s fi nancial statements for the fi nancial year ending 31
December 2013, except for FRS 113 Fair Value Measurement which provides guidance on how fair value should
be determined and which disclosures should be made on the fi nancial statements. The Group will apply FRS 113
and provide the required disclosure from 1 January 2013.
33. AUTHORISATION OF FINANCIAL STATEMENTS
These fi nancial statements were authorised for issue in accordance with a resolution of the Board of Directors of
Singapore Land Limited on 8 February 2013.