Tropicana Corporation Berhad Annual Report 2019

4. REVENUE Group Company 2019 2018 2019 2018 RM’000 RM’000 RM’000 RM’000 Revenue from contracts with customers 1,101,163 1,599,225 25,934 18,297 Revenue from other sources: - Rental and related income from investment properties 32,013 34,761 – – - Dividend income from subsidiaries (Note 36(a)) – – 46,263 28,000 - Others 2,667 1,485 – – 1,135,843 1,635,471 72,197 46,297 Disaggregation of the revenue from contracts with customers: Major goods and services Sale of development properties 677,713 1,213,332 – – Sale of land 213,592 215,664 – – Sale of building materials 30,837 33,482 – – Revenue from recreation and resort operations 49,603 44,666 – – Property management and maintenance fees 9,184 14,246 – – Revenue from private school operations 48,381 42,010 – – Revenue from landscape services 7,259 16,935 – – Revenue from hotel operations 64,594 18,890 – – Management fees from subsidiaries (Note 36(a)) – – 25,934 18,297 Revenue from contracts with customers 1,101,163 1,599,225 25,934 18,297 Geographical market Malaysia 1,101,163 1,599,225 25,934 18,297 Timing of revenue recognition - at a point in time 459,382 362,166 25,934 18,297 - over time 641,781 1,237,059 – – 1,101,163 1,599,225 25,934 18,297 Revenue from contracts with customers of the Group includes RM19,703,000 (2018: RM17,303,000) that was included in contract liabilities at the beginning of the financial year. pg 157 Tropicana Corporation Berhad Annual Report 2019 Sustainability at Tropicana What We’ve Governed Financial Statements & Other Information