Excel Force MSC Berhad Annual Report 2015

NOTES TO THE FINANCIAL STATEMENTS 31 December 2015 (cont’d) E X C E L F O R C E M S C B E R H A D • A N N U A L R E P O R T 2 0 1 5 97 31. OPERATING SEGMENTS (continued) Reconciliations of reportable segment revenue and liabilities to the Group’s corresponding amounts are as follows: 2015 2014 Revenue RM RM Total revenue for reportable segments 25,944,876 22,492,084 Elimination of inter-segmental revenue (664,881) (618,023) Revenue of the Group per consolidated statement of profit or loss and other comprehensive income 25,279,995 21,874,061 2015 2014 Liabilities RM RM Total liabilities for reportable segments 9,779,601 10,637,266 Tax liabilities 781,813 814,236 Liabilities of the Group per consolidated statement of financial position 10,561,414 11,451,502 Geographical information The Group operates predominantly in Malaysia. Major customers The following are major customers with revenue equal or more than ten (10) percent of Group revenue: 2015 2014 RM RM Segment Customer A 3,649,484 4,308,175 Application services provider division Customer B 2,277,298 2,529,283 Application services provider division Customer C 2,202,972 2,840,600 Application services provider division Customer D 2,099,018 2,174,829 Application services provider division 10,228,772 11,852,887 32. FINANCIAL INSTRUMENTS (a) Capital management The primary objective of the Group’s capital management is to ensure that entities of the Group would be able to continue as going concerns while maximising the return to shareholders through the optimisation of the debt and equity ratio. The overall strategy of the Group remains unchanged from that in the previous financial year. The Group manages its capital structure and makes adjustments to it, in light of changes in economic conditions. In order to maintain or adjust the capital structure, the Group may adjust the dividend payment to shareholders, return capital to shareholders or issue new shares. No changes were made in the objectives, policies or processes during the financial years ended 31 December 2015 and 31 December 2014.