Kimlun Corporation Berhad Annual Report 2017

Kimlun Corporation Berhad 114 NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2017 (cont’d) 36. Segment Information For management purposes, the Group is organised into business units based on their products and services, and has four reportable operating segments as follows: (i) Construction (ii) Manufacturing and trading of construction materials and provision of quarry services (iii) Investment holding (iv) Property development Management monitors the operating results of its business units separately for the purpose of making decisions about resource allocation and performance assessment. Segment performance is evaluated based on operating profit or loss which, in certain respects as explained in the table below, is measured differently from operating profit or loss in the consolidated financial statements. Transfer prices between operating segments are on an arm’s length basis in a manner similar to transactions with third parties. Manufacturing, trading, and quarry Investment Property Construction services holding development Eliminations Consolidation At 31 December 2017 RM RM RM RM RM RM Revenue: External customers 871,096,495 97,965,729 297,944 15,829,455 - 985,189,623 Inter-segment 1,328,802 20,499,745 21,096,157 (117,309) (42,807,395) - Total revenue 872,425,297 118,465,474 21,394,101 15,712,146 (42,807,395) 985,189,623 Results: Segment results 106,858,734 26,854,605 21,394,101 3,123,182 (18,928,118) 139,302,505 Other operating income 8,819,499 Administration expenses (51,465,826) Finance costs (7,138,291) Share of profit of joint ventures 517,064 Profit before tax 90,034,951 Income tax expense (21,697,094) Profit net of tax 68,337,857 Assets: Segment assets 723,221,474 291,555,109 259,069,861 146,810,193 (272,439,852) 1,148,216,785 Liabilities: Segment liabilities 376,858,793 162,736,419 586,346 64,488,244 (64,245,255) 540,424,547