Fraser & Neave Holdings Bhd Annual Report 2020

199 06 financial statements ANNUAL REPORT 2020 Notes to The Financial Statements (Cont’d.) 21. REVENUE (CONTINUED) (A) DISAGGREGATION OF REVENUE F&B Malaysia F&B Thailand Property Others Total Group 2020 RM’000 2019 RM’000 2020 RM’000 2019 RM’000 2020 RM’000 2019 RM’000 2020 RM’000 2019 RM’000 2020 RM’000 2019 RM’000 Primary geographical markets Malaysia 1,603,184 1,763,283 – – 120 129 916 788 1,604,220 1,764,200 Thailand – – 1,586,570 1,580,913 – – – – 1,586,570 1,580,913 Cambodia – – 215,457 208,874 – – – – 215,457 208,874 Singapore 103,487 185,729 27,461 26,844 – – 1,852 745 132,800 213,318 Africa 75,742 35,222 – – – – – – 75,742 35,222 Hong Kong 57,088 37,169 13,548 11,698 – – – – 70,636 48,867 Indonesia 35,063 12,576 33,431 21,169 – – 206 – 68,700 33,745 Philippines 43,120 19,452 9,530 11,811 – – – – 52,650 31,263 Laos – – 37,878 36,902 – – – – 37,878 36,902 Myanmar 30,035 39,821 – – – – 23 47 30,058 39,868 China 23,919 10,351 – – – – – – 23,919 10,351 Brunei 19,625 17,940 – – – – – – 19,625 17,940 Vietnam 12,498 11,165 4,697 1,952 – – – – 17,195 13,117 Others 36,988 32,128 15,184 9,366 – – – – 52,172 41,494 2,040,749 2,164,836 1,943,756 1,909,529 120 129 2,997 1,580 3,987,622 4,076,074 Timing and recognition At a point in time 2,040,749 2,164,836 1,943,756 1,909,529 120 129 2,997 1,580 3,987,622 4,076,074 Revenue from contracts with customers 2,040,749 2,164,836 1,943,756 1,909,529 120 129 2,997 1,580 3,987,622 4,076,074 Other revenue – – – – 756 924 129 140 885 1,064 Total revenue 2,040,749 2,164,836 1,943,756 1,909,529 876 1,053 3,126 1,720 3,988,507 4,077,138 (B) NATURE OF GOODS AND SERVICES The following information reflects the typical transactions of the Group and the Company: Nature of goods or services Timing of recognition or method used to recognise revenue Significant payment terms Variable element in consideration Food and beverages Revenue is recognised when the goods are delivered and accepted by the customers at their premises. Credit period ranging from 30 to 60 days from invoice date. Trade incentives, discounts, returns and other rebates are awarded to customers as contracted and where relevant, subject to certain terms and conditions. Dividend income Dividend income is recognised in profit or loss on the date that the Company’s right to receive payment is established, which in the case of quoted securities is the ex- dividend date. Not applicable. Not applicable.