Wah Seong Corporation Berhad Annual Report 2020

182 WAH SEONG CORPORATION BERHAD NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2020 43 SEGMENTAL ANALYSIS (CONTINUED) Oil & Gas Renewable Energy Industrial Trading & Services Others Total RM’000 RM’000 RM’000 RM’000 RM’000 OTHER INFORMATION Financial year ended 31 December 2019 Depreciation of: - Property, plant and equipment 123,457 4,724 2,120 1,333 131,634 - Investment properties - - 3 134 137 - Right-of-use assets 19,508 - 1,736 573 21,817 Additions of: - Property, plant and equipment 36,723 18,527 5,556 1,476 62,282 Impairment loss/(reversal of impairment loss) on: - Receivables (174) (36) 4,879 13,505 18,174 - Property, plant and equipment 34,684 - - - 34,684 - Amount owing by a joint venture 2,200 - - - 2,200 Reversal of allowance on slow moving and obsolete inventories (742) (3,205) (158) - (4,105) Write-off on: - Receivables 158 26 44 - 228 - Property, plant and equipment 21 1 - - 22 - Inventories 578 21 27 - 626 Interest income (2,657) (870) (1,320) (145) (4,992) Interest expense - Loans and borrowings 11,060 8,088 3,437 435 23,020 - Lease liabilities 11,474 - 192 86 11,752 Revenue comprise of: - Revenue from contracts with customers 1,466,752 399,550 425,216 202,649 2,494,167 - Revenue from other sources 19,529 - 907 313 20,749 1,486,281 399,550 426,123 202,962 2,514,916 Revenue from contracts with customers is represented by: Timing of revenue recognition - Overtime 1,183,630 223,847 - 165,637 1,573,114 - At a point in time 283,122 175,703 425,216 37,012 921,053 1,466,752 399,550 425,216 202,649 2,494,167