GHL System Berhad Annual Report 2019

A N N U A L R E P O R T 2 0 1 9 95 NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2019 CONT’D 5. REVENUE Group Company 2019 2018 2019 2018 RM RM RM RM Revenue from contracts with customers: - Sales of value-added solutions 133,396,137 97,588,435 4,067,498 4,798,349 - Sales of goods 35,838,626 39,579,819 1,577,087 1,710,464 - Sales of prepaid air-time top-ups 93,264,102 98,371,188 - - 262,498,865 235,539,442 5,644,585 6,508,813 Income from leasing: - Rental of EDC equipment 85,207,858 63,527,774 99,660 113,237 Other revenue: - Management fees - - 8,519,413 6,911,133 347,706,723 299,067,216 14,263,658 13,533,183 Disaggregation of revenue from contracts with customers Revenue from contracts with customers is disaggregated in the table below by primary geographical market, major products and service lines and timing of revenue recognition. No disaggregation of the revenue from contacts with customers by geographical basis has been presented for the Company as the Company’s activities are carried out predominantly in Malaysia. Group Malaysia Philippines Thailand Others Total 31 December 2019 RM RM RM RM RM Major product and service line Sales of value-added solutions 98,556,606 18,163,837 15,485,020 1,190,674 133,396,137 Sales of goods 29,679,897 2,117,383 4,041,346 - 35,838,626 Sales of prepaid air-time top-ups 93,264,102 - - - 93,264,102 Revenue from external customers 221,500,605 20,281,220 19,526,366 1,190,674 262,498,865 Timing of revenue recognition Transferred over time 19,815,026 2,082,295 7,838,490 - 29,735,811 Transferred at a point in time 201,685,579 18,198,925 11,687,876 1,190,674 232,763,054 Revenue from external customers 221,500,605 20,281,220 19,526,366 1,190,674 262,498,865