Yinson Annual Report 2021

303 ANNUAL REPORT 2021 NOTES TO THE FINANCIAL STATEMENTS (CONT’D) For the financial year ended 31 January 2021 43. Segment information (continued) Geographical information The Group operates in the following main geographical areas: (i) Malaysia - mainly involved in leasing and sub-leasing of FPSOs and OSVs on bareboat or time charter basis (ii) Ghana, Nigeria, Norway and other countries - mainly involved in the charter of FPSOs and tankers and ship management services (iii) Brazil - involved in design, supply, installation, operation, life extension and demobilisation of an FPSO (iv) India - involved in owning and operating renewable energy generation assets Revenue by location of the Group's operations are analysed as follows: Group 2021 2020 RM million RM million Malaysia 339 1,631 Ghana 573 566 Nigeria 1,417 179 Norway 18 15 Brazil 2,299 - India 6 - Other countries 197 128 4,849 2,519 Non-current assets other than financial instruments and deferred tax assets managed by the Group in Ghana and Nigeria amounted to RM3,176 million and RM82 million respectively as at 31 January 2021 (2020: RM3,396 million, RM873 million respectively). The Group’s largest customers (by revenue contribution) are from the Offshore Production & Offshore Marine segments. In the financial year ended 31 January 2021, 3 customers contributed revenue individually exceeding 10% of the Group's total revenue, amounting to RM573 million, RM1,170 million and RM2,299 million respectively. In the financial year ended 31 January 2020, 2 customers contributed revenue individually exceeding 10% of the Group's total revenue, amounting to RM566 million and RM1,577 million respectively. 44. Capital management For the purpose of the Group’s and the Company's capital management, capital includes share capital and all other equity reserves attributable to owners of the Company. The objectives of the Group’s and the Company's capital management are to maximise shareholders' value, to maintain optimal capital structure to reduce cost of capital and to sustain future developments of the Group. In order to maintain or adjust the capital structure, the Company may adjust the dividend payment to shareholders, return capital to shareholders, shares buy-back or issue new shares. The Group and the Company monitors capital using gross and net debt to equity ratio. Net debt includes interest bearing loans and borrowings, less cash and short-term deposits and current other investments.