GHL System Berhad Annual Report 2018

G H L S y s t e m S B e r h a d ( 2 9 3 0 4 0 - D ) 82 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) Malaysia Philippines Thailand Australia Total 2017 RM RM RM RM RM Segment profits 20,184,890 3,581,453 1,549,241 94,191 25,409,775 Included in the measure of segment profits are: Revenue from external customers - Shared services 30,894,802 18,989,501 5,785,114 - 55,669,417 - Solution services 8,039,111 3,096,235 3,612,496 936,790 15,684,632 - Transaction payment acquisition 172,047,327 6,962,776 3,317,066 - 182,327,169 210,981,240 29,048,512 12,714,676 936,790 253,681,218 Inter-segment sales 33,998,260 - (2,108) 1,316 33,997,468 Depreciation of property, plant and equipment 11,320,605 7,219,981 1,839,033 2,721 20,382,340 Amortisation of intangible assets 325,657 - - - 325,657 Gain on disposal of property, plant and equipment 216,447 - 121 - 216,568 Impairment losses on trade and other receivables 956,754 109,203 344,521 - 1,410,478 Bad debts written off 223,794 - - - 223,794 Reversal of impairment losses on: - trade and other receivables 869,279 - - - 869,279 Finance costs 1,550,669 364,557 - - 1,915,226 Interest income 888,432 - 11,504 - 899,936 Tax expenses 3,683,626 1,162,043 35,193 24,295 4,905,157 Share of profit in joint ventures 18,253 - - - 18,253 Unrealised loss/(gain) on foreign exchange, net 4,125,976 (191,223) (226,535) - 3,708,218 Segment assets 361,721,985 43,157,637 19,273,856 1,084,025 425,237,503 Deferred tax assets 1,499,727 Total assets 426,737,230 Additions to non-current assets: - property, plant and equipment 16,174,931 10,983,877 1,993,458 - 29,152,266 - intangible assets 27,991 - - - 27,991 Segment liabilities 126,828,110 11,909,889 10,647,860 755,908 150,141,767 Deferred tax liabilities 2,270,995 Total liabilities 152,412,762 Major customers There are no major customers with revenue equal or more than ten (10) percent of the Group’s revenue. As such, information on major customers is not presented.