Wah Seong Corporation Berhad Annual Report 2019

175 ANNUAL REPORT 2019 NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2019 43 SEGMENTAL ANALYSIS (CONTINUED) Oil & Gas Renewable Energy Industrial Trading & Services Others Total RM’000 RM’000 RM’000 RM’000 RM’000 TOTAL ASSETS As at 31 December 2019 Segment assets 1,473,305 450,822 254,587 72,169 2,250,883 Investment in associates 207,607 - 220 - 207,827 Investment in joint ventures 88,723 5,296 - 17,608 111,627 1,769,635 456,118 254,807 89,777 2,570,337 Unallocated corporate assets - Deferred tax assets 52,567 - Tax recoverable 3,071 - Cash and cash equivalents 7,986 - Short term investment 623 - Others 30,766 Total assets 2,665,350 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 (16) (10) 4,923 13,505 18,402 - Property, plant and equipment 34,684 - - - 34,684 - Inventories (164) (3,184) (131) (3,479) - Amount owing by a joint venture 2,200 - - - 2,200 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