2012 Annual Report - Media Prima Berhad
2012 Annual Report - Media Prima Berhad
2012 Annual Report - Media Prima Berhad
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3 SEGMENT INFORMATION<br />
RADIO OUTDOOR<br />
NETWORKS<br />
Management has determined the operating segments based on the reports reviewed by the senior management and<br />
the Board of Directors (chief operating decision-maker) that are used to make strategic decisions.<br />
The chief operating decision-maker considers the business primarily from a product perspective as the activities of<br />
the Group is predominantly domestic based.<br />
The reportable operating segments derive their revenue primarily from commercial television and radio broadcasting,<br />
media advertising, sale of program rights, provision of outdoor advertising space and related production works and<br />
publishing and sale of newspapers.<br />
Other services include on-line media and advertisement, talent management and music recording. The results of<br />
these operations are included in the ‘corporate and others’ column.<br />
The chief operating decision-maker assesses the performance of the operating segments, before its respective tax<br />
charged or tax credits, based on a measure of Earnings Before Interest, Taxation, Depreciation and Amortisation<br />
(“EBITDA”). This measurement basis excludes the effects of non-recurring expenditure from the operating segments<br />
such as writeback or provision for impairment of assets, and when items are a result of isolated, non-recurring<br />
events. The measure also excludes the effects of equity-settled share-based payments and unrealised gains/losses<br />
on financial instruments and excludes depreciation and amortisation of property, plant and equipment given that<br />
these are sunk cost in nature. Since the chief operating decision-maker reviews EBITDA, the share of associates’<br />
profits and the results of discontinued operations are not included in the measure of EBITDA.<br />
The chief operating decision-maker assesses the assets and liabilities of the operations on a Group basis whereby<br />
the TV network, Radio Network, Outdoor <strong>Media</strong> and Print <strong>Media</strong> makes up individual segments. Within each<br />
segment, the nature of products and services offered are similar i.e. either in television or radio broadcasting for the<br />
free-to-air (FTA), market outdoor print or media print works. Within each segment, a significant portion of the assets<br />
and operations are based on shared resources basis i.e. centralised Group treasury, procurement, corporate finance,<br />
engineering, information system and other support services. Consequently, no segmental analysis is done.<br />
TELEVISION<br />
NETWORKS<br />
PRINT<br />
CONTENT<br />
CREATION<br />
NEW MEDIA<br />
177<br />
annual<br />
report<br />
<strong>2012</strong><br />
From Our Perspective Who We Are Our Strategy & Achievements Our Performance Our Responsibility Our Leadership Corporate Governance The Financials Additional Information