ENRA Group Berhad Annual Report 2019

130 ENRA GROUP BERHAD ∞ Annual Report 2019 page Notes to the Financial Statement 31 March 2019 40. OPERATING SEGMENTS (cont’d) Segment liabilities exclude current tax liabilities and deferred tax liabilities. Even though loans and borrowings arise from financing activities rather than operating activities, they are allocated to the segments based on relevant factors (e.g. funding requirements). Details are provided in the reconciliations from segments assets and liabilities to the Group position. The Group is principally engaged in property investment, property development, energy services, engineering, construction and fabrication, and investment holding activities and other management services activities. The investment properties segment was reclassified as discontinued operations as disclosed in Note 33 to the financial statements following the management’s commitment to dispose the Group’s investment properties and the entire equity interests in NGSB, ESSB and EVSB in the financial year ended 31 March 2019. The Group has arrived at four (4) reportable segments that are organised and managed separately according to the nature and services and specific expertise requirements, which requires different business and marketing strategies. The reportable segments are summarised as follows: (a) Property development Joint venture property development (b) Energy services Trading, leasing and energy related services (c) Engineering, construction and fabrication Logistic services, general construction, engineering and fabrication (d) Investment holdings and others Investment holdings and management services activities