ncial Statements 4. SEGMENT INFORMATION (continued) 4. In determining the Group’s geographical segments, revenues and results are attributed <strong>to</strong> the segments based on the location of the cus<strong>to</strong>mers, and assets are attributed <strong>to</strong> the segments based on the location of the assets. Intersegment sales and transfers are transacted with reference <strong>to</strong> the selling prices used for sales made <strong>to</strong> third parties at the then prevailing market prices. Global China Group Holdings Limited Annual Report 2002 85
<strong>Notes</strong> <strong>to</strong> <strong>Fina</strong> <strong>Notes</strong> <strong>to</strong> <strong>Fina</strong>ncial Statements 31 December 2002 4. SEGMENT INFORMATION (continued) 4. (a) Business segments (a) The following tables present revenue, profit/(loss) and certain asset, liability and expenditure information for the Group’s business segments. Group Commercial printing Media Trading (Discontinued operations) Corporate and others Eliminations Consolidated Year ended Period ended Year ended Period ended Year ended Period ended Year ended Period ended Year ended Period ended Year ended Period ended 31 December 31 December 31 December 31 December 31 December 31 December 31 December 31 December 31 December 31 December 31 December 31 December 2002 2001 2002 2001 2002 2001 2002 2001 2002 2001 2002 2001 HK$’000 HK$’000 HK$’000 HK$’000 HK$’000 HK$’000 HK$’000 HK$’000 HK$’000 HK$’000 HK$’000 HK$’000 Segment revenue: Sales <strong>to</strong> external cus<strong>to</strong>mers 872,247 578,315 109,006 99,823 101,177 347,444 11,703 7,378 — — 1,094,133 1,032,960 Intersegment sales 3,263 15,061 — — 124 2,358 3,461 2,277 (6,848) (19,696) — — Other revenue and gains 24,331 — 5,743 107 207,312 — 31,906 1,418 — — 269,292 1,525 Intersegment other revenue — — 383 — — — 3,115 1,586 (3,498) (1,586) — — Total 899,841 593,376 115,132 99,930 308,613 349,802 50,185 12,659 (10,346) (21,282) 1,363,425 1,034,485 Segment results 9,906 (67,156) 4,268 (2,103) 212,147* 47,439 (65,459) (65,635) 160,862 (87,455) Interest and dividend income 10,169 10,678 Gain on disposal of subsidiaries 93,352 — Unallocated gains 1,009 989 Restructuring costs — (19,043) Unallocated expenses, net (15,957) (15,598) Profit/(loss) from operating activities 249,435 (110,429) <strong>Fina</strong>nce costs (1,220) (424) Provisions for amounts due from jointly-controlled entities (8,541) (11,572) — — — — (2,218) — (10,759) (11,572) Share of profits and losses of: Jointly-controlled entities 12,104 (1,484) — — — — (25,405) (14,772) (13,301) (16,256) Associates — — (13) (105) — — 181 5,121 168 5,016 Amortisation and impairment of goodwill on acquisition of jointly-controlled entities — — — — — — (14,667) (1,463) (14,667) (1,463) Profit/(loss) before tax 209,656 (135,128) Tax (23,116) (18,839) Profit/(loss) before minority interests 186,540 (153,967) Minority interests (24,329) 22,521 Net profit/(loss) from ordinary activities attributable <strong>to</strong> shareholders 162,211 (131,446) * Including gain on disposal of discontinued operations of approximately HK$207,312,000. * 207,312,000 86 Global China Group Holdings Limited Annual Report 2002
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