MISC Integrated Annual Report 2020

36. SEGMENT INFORMATION (CONT’D.) (a) Business segments (cont’d.) LNG Petroleum & Marine & Eliminations Asset Product Offshore Heavy and Solutions Shipping Business Engineering Others Total Adjustments Consolidated 31 December 2020 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 REVENUE External sales 2,652,699 3,862,527 1,210,096 1,530,171 157,586 9,413,079 (11,845) 9,401,234 Inter-segment – 1,022 78,352 37,444 1,303,037 1,419,855 (1,419,855) A – 2,652,699 3,863,549 1,288,448 1,567,615 1,460,623 10,832,934 (1,431,700) 9,401,234 RESULTS Segment results 1,899,477 1,584,950 511,993 (43,355) (156,212) 3,796,853 70,262 A 3,867,115 Other operating income 7,917 68,885 31,872 3,970 2,126,989 2,239,633 (2,097,952) A 141,681 Depreciation (766,602) (1,187,637) (5,884) (66,914) (34,414) (2,061,451) (29,519) (2,090,970) Amortisation of intangible assets – – – – (5,884) (5,884) – (5,884) Amortisation of prepaid lease payments on land and buildings – – – (7,259) (100) (7,359) – (7,359) Impairment provisions (11,585) – (19,791) (300,000) – (331,376) – (331,376) Provision of litigation claims – – (1,049,248) – – (1,049,248) – (1,049,248) Write off of trade receivables and loss on re-measurement of finance lease receivables – – (846,229) – – (846,229) – (846,229) Net gain on disposal of ships and offshore floating assets – 36,344 – – – 36,344 (11,209) 25,135 Finance income 50,215 3,024 27,876 13,479 103,884 198,478 (85,866) A 112,612 Finance costs (143,644) (141,491) (165,382) (911) (30,656) (482,084) 114,000 A (368,084) Share of profit/(loss) of an associate and joint ventures 856 12,234 412,380 (189) – 425,281 3,742 429,023 Loss before taxation (123,584) Taxation (46,247) Loss after taxation (169,831) Non-controlling interests 126,764 Net loss attributable to equity holders of the Corporation (43,067) ASSETS Ships 6,712,513 14,345,401 – – 30,449 * 21,088,363 – 21,088,363 Offshore floating assets – – 51,308 – – 51,308 – 51,308 Non-current assets classified as held for sale – 11,807 4,834 – – 16,641 (11,807) 4,834 Intangible assets – 803,901 225 – 15,096 819,222 – 819,222 Investments in joint ventures 7,122 28,002 828,703 8,910 324 873,061 – 873,061 Finance lease receivables 5,577,143 – 9,460,228 – – 15,037,371 – 15,037,371 Other assets (unallocated) B 13,946,850 51,821,009 LIABILITIES Interest-bearing loans and borrowings 3,082,297 6,268,913 4,415,461 257,128 406,929 14,430,728 (990,342) 13,440,386 Other liabilities (unallocated) C 5,229,504 18,669,890 * Included in the net book value of ships - others is Navy Auxiliary ship owned by the Corporation, Bunga Mas 6 . 31 December 2020 NOTES TO THE FINANCIAL STATEMENTS 31 December 2020 NOTES TO THE FINANCIAL STATEMENTS 10 426 10 427 /// Leadership / Governance / Financial Statements / Additional Information / Annual General Meeting ////// /// Leadership / Governance / Financial Statements / Additional Information / Annual General Meeting ////// Section Section MISC Berhad / Integrated Annual Report 2020 MISC Berhad / Integrated Annual Report 2020