Fraser & Neave Holdings Bhd Annual Report 2020

205 06 financial statements ANNUAL REPORT 2020 Notes to The Financial Statements (Cont’d.) 29. 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 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 2020 Note F&B Malaysia RM’000 F&B Thailand RM’000 Property RM’000 Others RM’000 Total RM’000 Revenue Total revenue 2,040,749 1,970,889 3,345 88,860 4,103,843 Inter-segment – (27,133) (2,469) (85,734) (115,336) External 2,040,749 1,943,756 876 3,126 3,988,507 Results Operating profit/(loss) 144,932 381,017 (1,957) (8,832) 515,160 Finance income 29.1 – – – – 5,068 Finance costs 29.1 – – – – (4,858) Share of profit of equity-accounted associate, net of tax – – – 7,824 7,824 Share of loss of equity-accounted joint venture, net of tax – – (283) – (283) Income tax expense (36,149) (53,185) 191 (23,644) (112,787) Profit for the year 410,124 Other information Segment assets 1,879,085 837,480 114,153 10,452 2,841,170 Investment in an associate – – – 91,261 91,261 Investment in a joint venture – – 87,845 – 87,845 Deferred tax assets – 5,190 133 647 5,970 Current tax assets 191 – 9 – 200 Cash and cash equivalents 29.1 – – – – 493,615 Total assets 3,520,061 Segment liabilities 333,466 313,086 843 3,174 650,569 Loans and borrowings 29.1 – – – – 91,868 Deferred tax liabilities 47,422 – 651 – 48,073 Current tax liabilities 12,746 25,858 35 472 39,111 Total liabilities 829,621 Others Purchase of property, plant and equipment and intangible assets 177,945 30,925 – 349 209,219 Depreciation of property, plant and equipment and amortisation of intangible assets 74,261 31,690 303 452 106,706 Purchase of right-of-use assets 17,258 4,630 – – 21,888 Depreciation of right-of-use assets 18,052 7,742 – 71 25,865