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140
GHL Systems Berhad
(293040-D)
Annual report 2015
Notes to the Financial Statements
31 December 2015 (continued)
33. RELATED PARTIES DISCLOSURES (continued)
(c) Compensation of key management personnel (continued)
Executive Directors of the Group and of the Company and other key management personnel have
been granted the following number of options under the Executives’ Share Scheme (“ESS”) during the
financial year:
Group and Company
2015
2014
As at 1 January
3,202,500 5,800,000
Adjusted for Bonus Issue
-
1,067,500
Granted
1,800,000
-
Exercised
(2,102,500) (3,665,000)
As at 31 December
2,900,000 3,202,500
The terms and conditions of the share options are detailed in Note 32 to the financial statements.
34. OPERATING SEGMENTS
The Group has four reportable segments, as described below, which are the strategic business units of the
Group. The strategic business units offer different geographical locations and are managed separately. For
each of the strategic business units, the Chief Executive Officer of the Group reviews internal management
reports on at least a quarterly basis.
The following summary described the geographical locations units in each of the reportable segments of
the Group:
(a) Malaysia
(b) Philippines
(c) Thailand
(d) Australia
The accounting policies of operating segments are the same as those described in the summary of
significant accounting policies.
The Group evaluates performance on the basis of profit or loss from operations before tax not including
non-recurring losses and also excluding the effects of share-based payments.
Inter-segment revenue is priced along the same lines as sales to external customers and is eliminated in the
consolidated financial statements. These policies have been applied consistently throughout the current
and previous financial years.
Segment results, assets and liabilities include items directly attributable to a segment. Segment capital
expenditure is the total costs incurred during the period to acquire segment assets that are expected to be
used for more than one year.