43. SEGMENT INFORMATION (CONTD.) Notes Nature of adjustments and eliminations to arrive at amounts reported in the consolidated financial statements (contd.) E Other material non-cash expenses/(income) consist of the following items as presented in the respective notes to the financial statements: Note 2022 RM’000 2021 RM’000 Net gain on disposal of plant and equipment 7 340 283 Property, plant and equipment written off 7 1,365 363 Impairment on financial assets: – Trade and other receivables 7 5,375 2,328 Reversal of impairment on financial assets: – Trade and other receivables 5 (3,812) (334) Bad debts written off 7 1,025 8 Defined retirement benefit obligations 8 411 (121) Intangible assets written off 7 – 246 4,704 2,773 Geographical information Revenue and non-current assets information based on the geographical location of customers and assets respectively are as follows: Revenue 2022 RM’000 2021 RM’000 Malaysia 1,567,650 1,374,803 United Arab Emirates 75,057 78,697 Indonesia 12,092 28,237 Singapore 401,867 381,221 Taiwan 466,964 429,464 Consolidated 2,523,629 2,292,422 Non-current assets 2022 RM’000 2021 RM’000 Malaysia 572,106 596,734 United Arab Emirates 849 1,141 India – 37,223 Indonesia – 213 Singapore 472,557 442,153 Taiwan 6,132 6,848 Consolidated 1,051,644 1,084,312 43. SEGMENT INFORMATION (CONTD.) Geographical information (contd.) Non-current assets information presented above consist of the followings items as presented in the consolidated statement of financial position: 2022 RM’000 2021 RM’000 Property, plant and equipment 146,355 166,502 Investment properties 13,800 – Right-of-use assets 44,246 37,281 Land held for property development – 477 Intangible assets 700,893 699,204 Investment in associates 72,346 102,922 Investment in a joint venture 116 – Other investments 232 232 Contract assets 73,109 75,078 Contract fulfillment asset 547 2,616 1,051,644 1,084,312 Information about major customers Revenue from two (2021: two) major customers amounted to RM450.2 million and RM635.1 million (2021: RM455.7 million and RM532.6 million) respectively, arising from services rendered in the Infrastructure Services and Healthcare Support segment. 44. SIGNIFICANT CONTINGENT LIABILITIES As at 31 December 2022, there is no significant contingent liabilities. The development of material litigation disclosed as contingent liabilities in the financial year ended 31 December 2021 are as follows: (a) Ahmad Zaki Sdn. Bhd. (“AZSB”) vs Edgenta PROPEL Berhad (“EPB”) On 15 April 2021, AZSB commenced an action against EPB on the claim that EPB has breached the terms of contract, mainly due to the EPB’s failure to meet completion date. Consequently, AZSB had to engage third parties to complete some of the works under the contract. AZSB is therefore seeking reliefs amounting to RM30.9 million from EPB. As at 31 December 2021, no provision was recognised and AZSB’s claim was disclosed as contingent liability as EPB has been advised by its legal counsel that it has a good defence against the claim. On 12 July 2022, AZSB and EPB has reached a settlement and recorded consent judgement before the judge on 27 July 2022. The terms of the Consent Judgement include withdrawal of all the claims against EPB amounting to RM30.9 million with no liberty to file afresh and AZSB is to pay EPB’s counter-claim of RM10.6 million, by way of 10 monthly instalments from 30 November 2022 to 31 August 2023. As a result of AZSB’s failure to meet the instalment plan per consent judgement, EPB has filed a winding-up petition against AZSB on 3 January 2023. On 27 January 2023, EPB’s winding up petition against AZSB was withdrawn with a liberty to start afresh and EPB allowed the payment of outstanding amounts via 11 monthly instalments from 31 March 2023 to 31 January 2024. p.372 p.373 UEM EDGENTA BERHAD INTEGRATED ANNUAL REPORT 2022 1 2 3 4 5 6 7 8 9 FINANCIAL STATEMENTS Notes to the financial statements For the year ended 31 December 2022 Notes to the financial statements For the year ended 31 December 2022
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