Ocean Sky International Limited - Ocean Sky International Ltd ...

38. CONTINGENT LIABILITIES - Secured
Group
As at 31 December As at
1999 2000 2001 30 June 2002
$’000 $’000 $’000 $’000
Fixed deposit pledged to a
licensed bank as security
for bankers’ guarantees
issued in favour of
third parties 5 5 5 12
In the opinion of the Directors, no loss is anticipated.
39. SEGMENT REPORTING
Business segments
The Group’s only principal business segment is manufacturing of specialty apparels and provision
of related SCM services. Therefore, no business segment information is presented.
Geographical segments
The Group’s business segments operate in three main geographical areas. Sales revenue is
based on country in which the customer is located. Segment assets consist primarily of fixed
assets, receivables, and cash and bank balances. Capital expenditure comprises additions to fixed
assets. Segment assets and capital expenditure are shown by the geographical area in which the
assets are located.
South East North and
and Central
Singapore North Asia America Consolidated
$’000 $’000 $’000 $’000
30 June 2002
Segment assets 80,161 16,117 7,878 104,156
Capital expenditure 382 1,472 1,680 3,534
31 December 2001
Segment assets 50,301 16,265 4,183 70,749
Capital expenditure 1,355 3,937 3,491 8,783
31 December 2000
Segment assets 37,967 8,983 520 47,470
Capital expenditure 7,046 1,834 229 9,109
31 December 1999
Segment assets 19,227 6,527 – 25,754
Capital expenditure 1,585 3,162 – 4,747
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