2019 UEM Edgenta Annual Report

256 257 UEM EDGENTA AT A GLANCE MESSAGE FROM OUR LEADERSHIP STRATEGIC FOCUS OPERATIONAL REVIEW SUSTAINABILITY EFFORTS CORPORATE GOVERNANCE INTRODUCTION FINANCIAL REVIEW ADDITIONAL INFORMATION Notes to the Financial Statements For the year ended 31 December 2019 Notes to the Financial Statements For the year ended 31 December 2019 UEM Edgenta Berhad Annual Report 2019 44. SEGMENT INFORMATION (CONT’D.) Asset Management Infrastructure Solutions Note Healthcare Support RM’000 Property and Facility Solutions RM’000 Infrastructure Services RM’000 Asset Consultancy RM’000 Others RM’000 Elimination RM’000 Group RM’000 At 31 December 2018 Revenue External revenue 984,584 189,422 881,965 114,109 12,524 - 2,182,604 Inter-segment revenue A 5,107 13,771 31,036 2,657 241,075 (293,646) - Total revenue 989,691 203,193 913,001 116,766 253,599 (293,646) 2,182,604 Results EBITDA* 121,826 19,930 115,890 11,576 123,226 (125,989) 266,459 Depreciation and amortisation (25,965) (2,736) (12,472) (1,536) (21,218) (3,514) (67,441) EBIT** 95,861 17,194 103,418 10,040 102,008 (129,503) 199,018 Interest income 1,915 978 2,743 893 3,104 - 9,633 Interest expense (1,033) (7,157) - - (38,017) 19,508 (26,699) Share of results of associates 8,938 7,313 - 268 - - 16,519 Profit/(loss) before tax 105,681 18,328 106,161 11,201 67,095 (109,995) 198,471 Zakat (742) (39) (1,797) (272) - - (2,850) Income tax (expense)/benefit (18,487) (868) (22,381) (3,200) 2,943 (1,267) (43,260) Profit/(loss) after tax 86,452 17,421 81,983 7,729 70,038 (111,262) 152,361 Assets Segment assets B 757,025 381,010 721,560 609,853 966,054 (557,811) 2,877,691 Liabilities Segment liabilities B 367,881 265,203 368,250 78,437 1,040,313 (759,161) 1,360,923 * Earnings before interest, taxes, depreciation and amortisation ** Earnings before interest and taxes 44. SEGMENT INFORMATION (CONT’D.) Asset Management Infrastructure Solutions Note Healthcare Support RM’000 Property and Facility Solutions RM’000 Infrastructure Services RM’000 Asset Consultancy RM’000 Others RM’000 Elimination RM’000 Group RM’000 At 31 December 2018 (cont’d.) Other segment information Capital expenditure C 40,699 2,271 10,799 1,610 14,380 - 69,759 Investments in associates 35,872 23,104 - 2,259 - - 61,235 Accretion of interest on concession receivable - (19,088) - - - - (19,088) Dividend income - - (1,461) (1,855) (366) - (3,682) Depreciation (Note 7) 25,784 2,726 12,117 1,103 3,372 (101) 45,001 Amortisation (Note 7) D 181 10 355 433 17,846 3,615 22,440 Non-cash (income)/expenses other than impairment, depreciation, and amortisation E (596) 8,251 140 (325) (8,708) (1,262) (2,500) The comparative segment information has been represented based on streamlined business segmentation during the current financial year.