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FRONTKEN CORPORATION BERHAD
(651020-T)
ANNUAL REPORT
2015
4.
OPERATING SEGMENTS (CONT’D)
Other significant non-cash expenses/(income) consists of the following:-
The Group
2015
2014
RM
RM
Allowance for impairment losses on:
- Plant and equipment
1,713,303
963,857
- Receivables
294,518
823,534
Inventories written down to net realisable value
52,272
937,972
Inventories written off
146,823
-
Bad debts written off
-
427,195
Unrealised loss on foreign exchange
3,551,058
-
Property, plant and equipment written off
2,919,978
325,553
Loss on disposal of property, plant and equipment
-
756,827
8,677,952
4,234,938
Writeback of allowance for impairment losses on trade receivables
(717,433)
(148,158)
Unrealised gain on foreign exchange
(6,469,361)
(1,215,953)
(7,186,794)
(1,364,111)
Major customers
The following are major customers with revenue equal to or more than 10% of the Group’s total revenue:-
Revenue
Segment
2015
2014
RM
RM
Customer 1
37,948,375
19,891,839
Engineering services
Customer 2
30,029,619
87,127,641
Engineering services
5.
REVENUE
The Group
The Company
2015
2014
2015
2014
RM
RM
RM
RM
Provision of services
139,983,788
123,253,851
-
-
Contract customers
30,185,412
93,886,515
-
-
Sale of goods
110,403,814
92,704,750
-
-
Dividend income from subsidiaries
-
-
5,084,439
3,694,760
Management fee from subsidiaries
-
-
42,000
32,000
280,573,014
309,845,116
5,126,439
3,726,760
NOTES TO THE FINANCIAL STATEMENTS
(cont’d)