Wah Seong Corporation Berhad Annual Report 2017

NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2017 FINANCIAL STATEMENTS WAH SEONG CORPORATION BERHAD ANNUAL REPORT 2017 178 44 SEGMENTAL ANALYSIS (CONTINUED) Oil & Gas RM’000 Renewable Energy RM’000 Industrial Trading & Services RM’000 Plantation RM’000 Others RM’000 Total RM’000 RESULTS Financial year ended 31 December 2017 Revenue 1,558,949 280,274 520,423 - 134,791 2,494,437 Less: Inter segment revenue (1,877) - - - (460) (2,337) External revenue 1,557,072 280,274 520,423 - 134,331 2,492,100 Segment profits/(losses) 124,793 28,492 (493) (8,698) 4,391 148,485 Share of results of associates 137 - 43 (5,043) - (4,863) Share of results of joint ventures 7,088 1,015 - - 1,774 9,877 132,018 29,507 (450) (13,741) 6,165 153,499 Unallocated expenses relating to financing activities (24,963) Unallocated corporate expenses (5,931) Profit before tax 122,605 TOTAL ASSETS As at 31 December 2017 Segment assets 1,966,038 333,006 293,867 - 93,712 2,686,623 Investment in associates 184,360 - 863 - - 185,223 Investment in joint ventures 126,791 2,225 - - 17,430 146,446 2,277,189 335,231 294,730 - 111,142 3,018,292 Assets held for sale 18,143 Unallocated corporate assets - Deferred tax assets 41,724 - Tax recoverable 15,418 - Cash and cash equivalents 18,155 - Short term investment 18,862 - Others 39,783 Total assets 3,170,377