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Frontken Corporation Berhad (651020-T)
ANNUAL REPORT
2016
4.
OPERATING SEGMENTS (CONT’D)
Other significant non-cash expenses/(income) consists of the following:-
The Group
2016
2015
RM
RM
Allowance for impairment losses on
- Plant and equipment
51,841
1,713,303
- Receivables
133,461
294,518
Inventories written down to net realisable value
-
52,272
Inventories written off
492,724
146,823
Unrealised loss on foreign exchange
388,534
3,551,058
Property, plant and equipment written off
411,330
2,919,978
Loss on disposal of property, plant and equipment
138,498
27,179
1,616,388
8,705,131
Writeback of allowance for impairment losses on trade receivables
(1,196)
(717,433)
Gain on disposal of property, plant and equipment
(70,284)
(33,848)
Unrealised gain on foreign exchange
(1,817,461)
(6,469,361)
(1,888,941)
(7,220,642)
Major customers
The major customers with revenue equal to or more than 10% of the Group’s total revenue are as follows:-
Revenue
Segment
2016
2015
RM
RM
Customer 1
51,402,459
37,948,375
Engineering services
Customer 2
-
30,029,619
Engineering services
Customer 3
27,703,939
23,251,306
Engineering services
5.
REVENUE
The Group
The Company
2016
2015
2016
2015
RM
RM
RM
RM
Provision of services
133,499,723
139,983,788
-
-
Contract customers
-
30,185,412
-
-
Sale of goods
128,344,526
110,403,814
-
-
Dividend income from subsidiaries
-
-
10,313,095
5,084,439
Management fee from subsidiaries
-
-
43,800
42,000
261,844,249
280,573,014
10,356,895
5,126,439
Notes To The Financial Statements
(cont’d)