DESTINI Annual Report 2019

NOTES TO THE FINANCIAL STATEMENTS Maintenance repair, overhaul and training Marine construction Total segment Adjustments and eliminations Consolidated 2019 RM RM RM RM RM Revenue External customers 152,873,904 144,862,905 297,736,809 - 297,736,809 Inter-segment sales 3,131,979 58,768,923 61,900,902 (61,900,902) - Total revenue 156,005,883 203,631,828 359,637,711 (61,900,902) 297,736,809 Results Interest income 325,588 - 325,588 - 325,588 Finance costs (3,297,412) (19,931,831) (23,229,243) - (23,229,243) Depreciation of property, plant and equipment (9,178,482) (3,329,130) (12,507,612) - (12,507,612) Amortisation of intangible assets - (461,572) (461,572) - (461,572) Amortisation of land use right (3,067,025) (4,262,260) (7,329,285) - (7,329,285) Fair value adjustment on investment in securities 354,584 - 354,584 - 354,584 Other non-cash items (297,241,766) (256,657,429) (553,899,195) 48,338,726 (505,560,469) Share of results of joint venture - - - (184,740) (184,740) Loss before taxation (156,098,630) (81,010,394) (237,109,024) (13,746,916) (250,855,940) Taxation 926,008 782,850 1,708,858 - 1,708,858 Segment loss (155,172,622) (80,227,544) (235,400,166) (13,746,916) (249,147,082) Segment assets 820,395,285 271,325,460 1,091,720,745 (511,465,337) 580,255,408 Included in the measurement of segment assets are: Capital expenditure 10,855,336 12,227,288 23,082,624 - 23,082,624 Segment liabilities 526,533,425 267,776,377 794,309,802 (469,989,154) 324,320,648 40. Segment Information (Cont’d) 06 FINANCIAL STATEMENTS DESTINI BERHAD 180