GHL System Berhad Annual Report 2018

a n n u a l r e p o r t 2 0 1 8 83 NOT ES TO THE F I NANC I A L STAT EMENTS 3 1 D e c e m b e r 2 0 1 8 C O N T ’ D 5. REVENUE Group Company 2018 2017 2018 2017 RM RM RM RM Revenue from contracts with customers: - Sales of value-added solutions 97,588,435 75,127,070 4,798,349 9,203,261 - Sales of goods 39,579,819 15,513,505 1,710,464 5,692,192 - Sales of prepaid air-time top-ups 98,371,188 114,714,496 - - 235,539,442 205,355,071 6,508,813 14,895,453 Income from leasing: - Rental of EDC equipment 63,527,774 48,326,147 113,237 104,243 Other revenue: - Management fees - - 6,911,133 6,149,256 299,067,216 253,681,218 13,533,183 21,148,952 Disaggregation of revenue from contracts with customers Revenue from contracts with customers is disaggregated in the table below by primary geographical market, major products and service lines and timing of revenue recognition. The table also includes a reconciliation of the disaggregated revenue with the reportable segments of the Group. Malaysia Philippines Thailand Australia Total 31 December 2018 RM RM RM RM RM Major product and service line Sales of value-added solutions 75,264,295 10,926,190 10,241,738 1,156,212 97,588,435 Sales of goods 18,956,794 2,534,756 18,088,269 - 39,579,819 Sales of prepaid air-time top-ups 98,371,188 - - - 98,371,188 Revenue from external customers 192,592,277 13,460,946 28,330,007 1,156,212 235,539,442 Timing of revenue recognition Transferred over time 11,573,222 1,102,705 144,695 - 12,820,622 Transferred at a point in time 181,019,055 12,358,241 28,185,312 1,156,212 222,718,820 Revenue from external customers 192,592,277 13,460,946 28,330,007 1,156,212 235,539,442 Revenue is measured at the fair value of the consideration received or receivable, net of discounts and rebates.