FINANCIAL STATEMENTS - Mewah Group

MEWAH INTERNATIONAL INC.NOTES TOTHE FINANCIAL STATEMENTSFor the financial year ended 31 December 201234. SEGMENT INFORMATION (CONTINUED)The segment information provided to the Executive Committee for the reportable segments for the financial year ended 31 December 2011 wasas follows:Bulk Consumer Pack TotalUS$’000 US$’000 US$’000GroupSalesTotal segment sales 3,945,834 1,401,159 5,346,993Inter-segment sales (757,968) (121,092) (879,060)Sales to external parties 3,187,866 1,280,067 4,467,933Operating margin 76,593 42,446 119,039Other income 1,346 979 2,325Interest income 4,075 1,473 5,548Admin expenses, excluding depreciation and amortisation (30,367) (28,072) (58,439)Other operating expenses (282) (346) (628)EBITDA 51,365 16,480 67,845Impairment of goodwill - (2,717) (2,717)Segment results 51,365 13,763 65,128UnallocatedDepreciation (14,142)Amortisation (58)Finance expense (12,887)Income tax credit 1,094Share of profit of an associate 123Profit after tax 39,258Total segment assets 854,277 368,996 1,223,273UnallocatedCurrent income tax recoverable 20,613Investment in an associate 204Total assets 1,244,090Total assets include:Additions to:- property, plant and equipment 58,255 33,983 92,238- leasehold prepayments 14,063 - 14,063Total segment liabilities (549,547) (140,716) (690,263)UnallocatedCurrent income tax liabilities (1,157)Deferred income tax liabilities (14,880)Total liabilities (706,300)110