GHL System Berhad Annual Report 2019

A N N U A L R E P O R T 2 0 1 9 93 NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2019 CONT’D 4. OPERATING SEGMENTS (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 Others Total 2019 RM RM RM RM RM Segment profits 33,955,315 7,356,820 1,223,820 (2,826,368) 39,709,587 Included in the measure of segment profits are: Revenue from external customers - Shared services 92,516,414 24,563,734 14,731,776 - 131,811,924 - Solution services 6,685,025 2,672,933 1,378,678 1,185,419 11,922,055 - Transaction payment acquisition 173,292,801 18,394,642 12,279,802 5,499 203,972,744 272,494,240 45,631,309 28,390,256 1,190,918 347,706,723 Inter-segment sales Depreciation of property, plant and equipment 28,903,094 - - - 28,903,094 Amortisation of intangible assets 264,671 - - - 264,671 (Gain)/Loss on disposal of property, plant and equipment (1,074,857) - (36,068) 1,016,896 (94,029) Impairment losses on trade and other receivables 5,662,067 2,839,677 830,505 - 9,332,249 Bad debts written off 574,845 - - - 574,845 Reversal of impairment losses on: - trade and other receivables 1,781,379 - - - 1,781,379 Finance costs 1,831,512 961,604 116,365 - 2,909,481 Interest income 3,270,275 13,122 10,645 - 3,294,042 Tax expense 9,024,795 3,338,874 327,308 7 12,690,984 Share of loss of an associate 554,516 - - - 554,516 Unrealised gain on foreign exchange, net (55,794) - - (18) (55,812) Segment assets 569,118,076 60,231,032 25,863,159 4,259,643 659,471,910 Deferred tax assets 3,749,323 Total assets 663,221,233 Additions to non-current assets: - property, plant and equipment 21,711,497 10,716,658 1,989,954 188,128 34,606,237 - intangible assets 851 - - - 851 Segment liabilities 181,295,570 21,623,908 5,317,459 1,225,745 209,462,682 Deferred tax liabilities 4,895,576 Total liabilities 214,358,258