283 INTEGRATED ANNUAL REPORT 2024 Key Messages Financial Statements Other Information NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2024 Overview of Wasco Berhad Value Creation Commitment to Governance Sustainability Journey 41 SEGMENTAL ANALYSIS (CONTINUED) Energy Services RM’000 Bioenergy Services RM’000 Others RM’000 Total RM’000 OTHER INFORMATION Financial year ended 31 December 2023 Depreciation of: - Property, plant and equipment 52,355 2,293 1,152 55,800 - Investment properties - - 195 195 - Right-of-use assets 24,618 67 920 25,605 Additions of: - Property, plant and equipment 120,059 3,932 3,542 127,533 Loss/(Reversal) of impairment on: - Property, plant and equipment 1,847 - - 1,847 - Investment properties - - 19 19 - Receivables (4,490) (1,285) - (5,775) - Amount owing from associate (10,216) - - (10,216) - Amount owing from joint venture 8,065 - - 8,065 Reversal on slow moving and obsolete inventories (201) (712) - (913) Write-off on: - Property, plant and equipment 4 5 120 129 - Receivables 105 1 - 106 - Inventories 236 157 - 393 Raw materials consumed 765,153 144,033 - 909,186 Subcontracting cost 211,709 22,431 - 234,140 Cost of trading goods and services 11,703 - - 11,703 Staff costs 397,514 30,943 44,246 472,703 Interest income (2,461) (683) (874) (4,018) Interest expense - Loans and borrowings 21,815 903 240 22,958 - Lease liabilities 11,524 - 107 11,631 Revenue comprise of: - Revenue from contracts with customers 2,295,538 288,844 - 2,584,382 - Revenue from other sources 21,279 - 27 21,306 2,316,817 288,844 27 2,605,688 Revenue from contracts with customers is represented by: Timing of revenue recognition - Over time 2,028,474 127,986 - 2,156,460 - At a point in time 267,064 160,858 - 427,922 2,295,538 288,844 - 2,584,382
RkJQdWJsaXNoZXIy NDgzMzc=