Annual Report 2011/12 - International Entertainment Corporation

More documents

Recommendations

Info

Notes to the Consolidated Financial StatementsFor the year ended 31 March 20128. SEGMENT INFORMATION (Continued)Segment revenue and results (Continued)For the year ended 31 March 2011Hotel LeasingReportablesegmenttotal Elimination TotalHK$’000 HK$’000 HK$’000 HK$’000 HK$’000REVENUEExternal sales 134,453 275,231 409,684 – 409,684Inter-segment sales 355 668 1,023 (1,023) –Total 134,808 275,899 410,707 (1,023) 409,684RESULTSSegment (loss) profit (5,984) 102,537 96,553 96,553Unallocated other income 21,095Other gain and loss 4,002Change in fair value of conversion optionderivative 60,000Change in fair value of financial assetsat FVTPL (3,171)Gain on disposal of a subsidiary 657,873Unallocated expenses (16,618)Share of profit of an associate 21,272Finance costs (24,957)Profit for the year 816,049The accounting policies of the operating segments are the same as the Group’s accounting policies describedin note 3. Segment profit (loss) represents the profit earned by or loss from each segment without allocation ofunallocated expenses (including corporate expenses), other gain and loss, gain on disposal of a subsidiary, share ofprofit of an associate, change in fair value of conversion option derivative, change in fair value of financial assets atFVTPL, unallocated other income (i.e. investment income), finance costs and unallocated income tax credit. This is themeasure reported to the CODM for the purposes of resources allocation and performance assessment.International Entertainment Corporation - Annual Report 2011/12 57
Notes to the Consolidated Financial StatementsFor the year ended 31 March 20128. SEGMENT INFORMATION (Continued)Segment assets and liabilitiesAt 31 March 2012Hotel Leasing ConsolidatedHK$’000 HK$’000 HK$’000ASSETSSegment assets 593,973 1,684,022 2,277,995Unallocated assetsBank balances and cash 588,012Financial assets at FVTPL 67,337Loan receivable 73,916Others 7,734Consolidated total assets 3,014,994LIABILITIESSegment liabilities 73,437 89,432 162,869Unallocated liabilitiesPromissory notes 132,008Contingent consideration 16,600Others 1,978Consolidated total liabilities 313,45558International Entertainment Corporation - Annual Report 2011/12
Page 1 and 2:
Annual Report2011/12(Incorporated i
Page 3 and 4:
Corporate InformationEXECUTIVE DIRE
Page 5 and 6:
Chairman’s StatementIn addition t
Page 7 and 8: Management Discussion and AnalysisB
Page 9 and 10: Board of Directors and Senior Manag
Page 15 and 16: Report of the DirectorsRESERVESDeta
Page 17 and 18: Report of the DirectorsINTERESTS AN
Page 19 and 20: Report of the DirectorsARRANGEMENTS
Page 21 and 22: Report of the DirectorsPURCHASE, SA
Page 23 and 24: Corporate Governance ReportBOARD OF
Page 25 and 26: Corporate Governance ReportAUDIT CO
Page 27 and 28: Independent Auditor’s ReportTO TH
Page 29 and 30: Consolidated Income StatementFor th
Page 31 and 32: Consolidated Statement of Financial
Page 33 and 34: Consolidated Statement of Changes i
Page 35 and 36: Consolidated Statement of Cash Flow
Page 37 and 38: Notes to the Consolidated Financial
Page 57: Notes to the Consolidated Financial
Page 91: Particulars of Principal Properties
show all

Annual Report 2011/12 - International Entertainment Corporation

Create successful ePaper yourself

Delete template?

Save as template?