Fraser & Neave Holdings Bhd Annual Report 2019

WWW . F N . C O M . M Y 192 F R A S E R & N E A V E H O L D I N G S B H D NOTES TO THE FINANCIAL STATEMENTS 28. OPERATING SEGMENTS The Group’s operating businesses are recognised according to products and services, namely F&B Malaysia, F&B Thailand, Property and others which are the Group’s strategic business units. For each of the strategic business unit, the Chief Operating Decision Maker (“CODM”) (i.e. the Group’s Chief Executive Officer) reviews internal management reports at least on a quarterly basis. Segment performance is evaluated based on operating profit as included in the internal management reports that are reviewed by the CODM. The following table provides an analysis of the Group’s revenue, results, assets, liabilities and other information by operating businesses: Financial year ended 30 September 2019 Note F&B Malaysia RM’000 F&B Thailand RM’000 Property RM’000 Others RM’000 Total RM’000 Revenue Total revenue 2,164,836 1,924,557 3,337 95,398 4,188,128 Inter-segment – (15,028) (2,284) (93,678) (110,990) External 2,164,836 1,909,529 1,053 1,720 4,077,138 Results Operating profit/(loss) 161,059 361,955 (142) (2,428) 520,444 Finance income 28.1 – – – – 15,223 Finance costs 28.1 – – – – (4,555) Share of profit of equity-accounted associate, net of tax – – – 9,139 9,139 Share of loss of equity-accounted joint venture, net of tax – – (7,295) – (7,295) Income tax expense 28.1 – – – – (122,732) Profit for the year 410,224 Other information Segment assets 1,792,899 822,398 116,656 11,101 2,743,054 Investment in an associate – – – 89,658 89,658 Investment in a joint venture – – 87,613 – 87,613 Deferred tax assets 28.1 – – – – 6,234 Current tax assets 28.1 – – – – 7,567 Cash and cash equivalents 28.1 – – – – 569,719 Total assets 3,503,845 Segment liabilities 427,495 336,858 810 3,485 768,648 Loans and borrowings 28.1 – – – – 123,311 Deferred tax liabilities 28.1 – – – – 33,994 Current tax liabilities 28.1 – – – – 48,469 Total liabilities 974,422 Others Purchase of property, plant and equipment and intangible assets 91,138 46,488 – 213 137,839 Depreciation of property, plant and equipment and amortisation of intangible assets 74,137 27,300 306 675 102,418