PRG Holdings Berhad Annual Report 2019

ANNUAL REPORT 2019 179 NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2019 cont’d 35. OPERATING SEGMENTS (continued) Geographical information With the exception of manufacturing facilities and sales offices set up in Vietnam, China and Singapore, the entire Group’s active business operations are located in Malaysia. In presenting information on the basis of geographical areas, segment revenue is based on the geographical location of customers from which the sales transactions originated. Segment assets are based on the geographical location of the Group’s assets. The non-current assets do not include financial instruments, investments in associates, investments in joint ventures and deferred tax assets. 2019 2018 RM’000 RM’000 Revenue from external customers Malaysia 15,085 18,855 Asia Pacific (excluding Malaysia) 90,808 40,132 Europe 7,773 8,285 North America 16,759 16,545 Others 1,620 308 132,045 84,125 2019 2018 RM’000 RM’000 Non-current assets Malaysia 66,480 29,376 Asia Pacific (excluding Malaysia) 28,437 15,741 94,917 45,117 Major customer There is no customer with revenue equal to or more than ten percent (10%) of the revenue of the Group. 36. FINANCIAL INSTRUMENTS (a) Capital management The primary objective of the capital management of the Group is to ensure that entities of the Group would be able to continue as going concern while maximising the return to shareholders through the optimisation of the debt and equity balance. The overall strategy of the Group remains unchanged from the financial year ended 31 December 2018. The Group manages its capital structure and makes adjustments to it, in light of changes in economic conditions. No changes were made in the objectives, policies or processes during the financial years ended 31 December 2019 and 31 December 2018.