GHL System Berhad Annual Report 2018

a n n u a l r e p o r t 2 0 1 8 81 NOT ES TO THE F I NANC I A L STAT EMENTS 3 1 D e c e m b e r 2 0 1 8 C O N T ’ D 4. OPERATING SEGMENT (cont’d) 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. 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. Malaysia Philippines Thailand Australia Total 2018 RM RM RM RM RM Segment profits 26,441,820 3,511,993 2,992,708 545,172 33,491,693 Included in the measure of segment profits are: Revenue from external customers - Shared services 55,913,114 20,972,191 25,255,706 - 102,141,011 - Solution services 9,213,011 2,458,764 1,698,791 1,156,212 14,526,778 - Transaction payment acquisition 163,410,785 10,585,147 8,403,495 - 182,399,427 228,536,910 34,016,102 35,357,992 1,156,212 299,067,216 Inter-segment sales 30,743,470 - - - 30,743,470 Depreciation of property, plant and equipment 13,809,447 6,541,544 2,346,686 2,253 22,699,930 Amortisation of intangible assets 253,164 - - - 253,164 Loss on disposal of property, plant and equipment 157,844 - - - 157,844 Impairment losses on trade and other receivables 2,667,312 131,117 61,253 - 2,859,682 Bad debts written off 1,368,698 - - - 1,368,698 Reversal of impairment losses on: - trade and other receivables 4,053,083 - 204,963 - 4,258,046 - property, plant and equipment 664,241 - - - 664,241 Finance costs 1,501,415 347,051 65,792 - 1,914,258 Interest income 2,661,328 10,416 7,158 - 2,678,902 Tax expense 6,404,351 2,011,635 492,044 - 8,908,030 Share of loss of an associate 796,615 - - - 796,615 Unrealised (gain)/loss on foreign exchange, net (489,773) 8,489 (4,184) - (485,468) Segment assets 546,125,644 53,904,388 34,099,441 886,012 635,015,485 Deferred tax assets 2,101,163 Total assets 637,116,648 Additions to non-current assets: - property, plant and equipment 21,971,474 424,517 674,456 - 23,070,447 - intangible assets 21,230 - - - 21,230 Segment liabilities 190,978,501 17,644,271 17,857,957 84,613 226,565,342 Deferred tax liabilities 4,156,491 Total liabilities 230,721,833