Page 83 - ar2012

79 Annual Report 2012
32 Segment Information (cont’d)
Sale of
Development
Properties
S$
Construction
Revenue
S$
Investment
Properties
S$
Others
S$
Total
S$
2011 (Restated)
Revenue and other operating income 30,411,336 11,981,228 2,583,178 161,563 45,137,305
Less: Elimination - (11,981,228) - - (11,981,228)
30,411,336 - 2,583,178 161,563 33,156,077
Segment results 11,034,368 (318,691) 2,499,001 - 13,214,678
Share of results of associated companies 392,108 - - - 392,108
Unallocated income 161,563
Unallocated expenses (3,007,933)
Results from operating activities 10,760,416
Unallocated interest income 4,112
Unallocated fnance costs (428,774)
Proft before income tax 10,335,754
Income tax credit (1,107,434)
Total proft for the year 9,228,320
Other segment items
Capital expenditure
- Property, plant and equipment
(unallocated) 105,158
Depreciation - Property, plant and
equipment
- allocated - 10,051 - - 10,051
- unallocated - 115,427 - - 115,427
- 125,478 - - 125,478
Fair value gain on investment properties - - 2,150,630 - 2,150,630
Assets and Liabilities
Segment assets 63,173,719 928,602 15,512,364 - 79,614,685
Unallocated assets 19,004,306
Total assets 98,618,991
Segment liabilities 55,111,510 1,357,076 5,687,521 - 62,156,107
Unallocated liabilities 6,217,910
Total liabilities 68,374,017
Unallocated other income and expenses
There is no reasonable basis to allocate foreign exchange loss, interest income, general fnance cost and
income tax expense to the different segments, and accordingly these items have been disclosed as unallocated
income and unallocated costs. Unallocated costs also include administrative expenses of the Company,
dormant subsidiaries and subsidiaries which are engaged in more than one business segments. There is no
reasonable basis to allocate such administrative expenses to the respective segments.
Certain assets of the Group that are shared between the different segments are not allocated. There is no
reasonable basis to allocate certain assets and liabilities of the Group between the different segments and
accordingly the assets and liabilities of the Group are disclosed as unallocated in the segment report.
Notes to the Financial Statements
30 September 2012