Annual Report 2006 - Venture Corporation Limited
Annual Report 2006 - Venture Corporation Limited
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 />
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