122
STAMFORD LAND CORPORATION LTD
NOTES TO THE FINANCIAL STATEMENTS
32 OPERATING SEGMENTS (CONT’D)
The Group’s activities are based in Singapore, Australia and New Zealand.
Hotel
Owning &
Management
Property
Development
Property
Investment Trading Others
Inter-
segment
Elimination Total
$’000
$’000
$’000 $’000 $’000 $’000 $’000
2015
REVENUE
External revenue
205,973
84,958
13,477 2,516
96
– 307,020
Inter-segment revenue
–
858
–
801 3,514 (5,173)
–
205,973
85,816
13,477 3,317 3,610 (5,173) 307,020
RESULTS
Profit/(Loss) from operations 52,044
21,546
12,060
173 (6,360)
– 79,463
Depreciation
(14,205)
(45)
–
(26)
(138)
– (14,414)
Profit/(Loss) after
depreciation
37,839
21,501
12,060
147 (6,498)
– 65,049
Interest income
1,263
Dividend income
163
Finance costs
(14,821)
Other charges (Net of other
credits)
(10,674)
Profit before tax
40,980
Deferred tax credit
2,365
Income tax expense
(13,596)
Profit after tax
29,749
Other material non-cash
items:
Fair value losses on
investment properties
–
–
7,832
–
–
– 7,832
Gain on disposal of property,
plant and equipment
465
–
–
–
–
–
465
Property, plant and
equipment written off
2,208
–
–
–
–
– 2,208
Write-back of impairment
allowance on completed
properties held for sale
–
445
–
–
–
–
445
ASSETS
Reportable segment assets 445,169
85,916
192,488 3,476 97,220
– 824,269
Capital expenditure
7,403
18
–
–
56
– 7,477
LIABILITIES
Reportable segment
Liabilities
243,104
31,445
82,966
807 6,738
– 365,060
