EXCEL FORCE MSC BERHAD Annual Report 2018

99 ANNUAL REPORT 2018 22. Revenue (cont’d) Set below is the disaggregation of the Group’s revenue from contracts with customers: (cont’d) Application Application Maintenance services solutions services provider division division division Total RM RM RM RM 2017 Major goods and services Sales of hardware 570,250 - - 570,250 Rendering of services 4,565,960 - 16,000,049 20,566,009 Maintenance services - 1,781,945 - 1,781,945 Total revenue from contracts with customers 5,136,210 1,781,945 16,000,049 22,918,204 Geographical market Malaysia 4,967,518 1,460,891 15,998,919 22,427,328 Singapore 168,692 254,417 1,130 424,239 Others - 66,637 - 66,637 Total revenue from contracts with customers 5,136,210 1,781,945 16,000,049 22,918,204 Timing of revenue recognition At a point in time 3,755,995 942,889 14,365,544 19,064,428 Over time 1,380,215 839,056 1,634,505 3,853,776 Total revenue from contracts with customers 5,136,210 1,781,945 16,000,049 22,918,204 23. Cost of Sales Group Company 2018 2017 2018 2017 RM RM RM RM Hardware 345,356 389,604 344,129 389,604 Amortisation of product development costs 2,103,599 2,060,831 1,581,267 1,489,032 Project costs 2,656,913 2,116,542 2,687,866 2,168,556 Data centre and line expenses 1,017,225 868,813 1,017,225 868,362 Direct technical staff costs 1,629,094 1,728,775 1,618,025 1,690,428 License fees 286,281 261,693 143,741 144,753 Other expenses 522,809 444,723 522,466 442,619 8,561,277 7,870,981 7,914,719 7,193,354 Notes To The Financial Statements 31 December 2018 (cont’d)