Sunny Tew

NOTES TO THE FINANCIAL STATEMENTSFOR THE FINANCIAL YEAR ENDED 30 SEPTEMBER 2007 (Continued)28. Segment reporting (Continued)Financial year ended 30 September 2006Trading Manufacturing Elimination The Group$ $ $ $REVENUESales to external customers 339,151,291 23,663,880. - 362,815,171Inter-segment sales 5,459,452 1,226,310. (6,685,762) -.Total 344,610,743 24,890,190. (6,685,762) 362,815,171RESULTSSegment results 22,872,415 2,398,063 (1,634,340) 23,636,138Interest expense (6,878,240) (585,578) - (7,463,818)Interest income 166,796 8,779 - 175,575Profit before income tax 16,160,971 1,821,264 (1,634,340) 16,347,895Income tax expense (2,099,250) (372,037) - (2,471,287)Profit after income tax 14,061,721 1,449,227 (1,634,340) 13,876,608Minority interests (117,092) (2,574) - (119,666)Net profit for the financial year 13,944,629 1,446,653 (1,634,340) 13,756,942OTHER INFORMATIONCapital expenditure 539,722 2,735,890 - 3,275,612Depreciation expense 624,543 593,150 - 1,217,693Capital expenditure arising from acquisition of subsidiaries 312,095 - - 312,095Allowance for impairment in value of other investments written back 1,478,739 -. - 1,478,739ASSETS AND LIABILITIESSegment assets 206,519,344 32,885,344 (12,694,921) 226,709,767Segment liabilities 153,400,090 19,442,584 (5,544,343) 167,298,33196 HG METAL MANUFACTURING LIMITED ANNUAL REPORT 2007