NOTES TO THE FINANCIAL STATEMENTS
For The Financial Period From 1 January 2014 To 31 March 2015 (Cont’d)
106
Annual Report 2015
42. OPERATING SEGMENTS
Operating segments are prepared in a manner consistent with the internal reporting provided to the
Managing Director and Deputy Managing Director as the chief operating decision makers in order
to allocate resources to segments and to assess their performance. For management purposes, the
Group is organised into business units based on their products and services provided.
The Group is organised into three main business segments as follows:-
(a) Customised smart card solutions (“CSCS”) - involved in provision of large scale customised
software and hardware systems for secure ID, total smart card solutions and ICT project
management.
(b) Manufacturing (“MA”) - manufacturing of cards.
(c) Investment holding (“IH”) - investment holding and provision of management services to the
group of companies.
The Group’s income tax expenses are merged on a group basis and are not allocated to operating
segments.
BUSINESS SEGMENTS
CSCS
MA
IH
Group
RM’000
RM’000
RM’000
RM’000
1.1.2014 to 31.3.2015
Revenue
External revenue
284,659
513
–
285,172
Inter-segment revenue
–
6,735
116,262
122,997
284,659
7,248
116,262
408,169
Consolidation adjustments
and eliminations
(122,997)
Consolidated revenue
285,172
Results
Segment results
180,770
2,500
116,262
299,532
Consolidation adjustments
and eliminations
(13,427)
(900)
(102,000)
(116,327)
167,343
1,600
14,262
183,205
Interest income
143
18
736
897
Depreciation of property, plant
and equipment
(34,552)
(381)
(926)
(35,859)
Finance costs
(8,463)
–
(520)
(8,983)
Impairment of inventories
(195)
–
–
(195)
Share of result in an associate
–
–
(90)
(90)
Other material items of
expenses (Note 42 (a))
(59,851)
(3,378)
(209)
(63,438)
64,425
(2,141)
13,253
75,537
Income tax expense
(3,715)
Consolidated profit after taxation
71,822
