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Annual Report 2006 - Venture Corporation Limited

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notes to financial statements<br />

December 31, <strong>2006</strong><br />

31 CAPITAL EXPENDITURE COMMITMENTS<br />

The Group<br />

<strong>2006</strong> 2005<br />

$’000 $’000<br />

Estimated amounts committed for future capital expenditure<br />

but not provided for in the financial statements 8,433 995<br />

32 COMMITMENTS AND CONTINGENT LIABILITIES (UNSECURED)<br />

The Company<br />

The Group<br />

<strong>2006</strong> 2005 <strong>2006</strong> 2005<br />

$’000 $’000 $’000 $’000<br />

Letters of guarantee issued by bankers 5,228 4,904 6,272 6,680<br />

Standby letter of credit 154 168 154 256<br />

Corporate guarantees given to banks<br />

for banking facilities granted to associates - - - 2,341<br />

33 SEGMENT INFORMATION<br />

The group operates predominantly as a provider of manufacturing, engineering, design and fulfilment services to the<br />

electronics industry. Geographical segments are reported based on the location of the group’s production and service<br />

facilities and assets.<br />

Segment revenue and expenses are the operating revenue and expenses reported in the group’s profit and loss statement<br />

that are directly attributable to a segment and the relevant portion of such revenue and expenses that can be allocated<br />

on a reasonable basis to a segment.<br />

Inter-segment pricing is determined on terms agreed between the parties of the transaction.<br />

annual report <strong>2006</strong><br />

83

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