2019 UEM Edgenta Annual Report

258 259 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.) Notes Nature of adjustments and eliminations to arrive at amounts reported in the consolidated financial statements A Inter-segment revenues are eliminated on consolidation. B The following items are deducted from segment assets to arrive at total assets reported in the consolidated statement of financial position: 2019 RM’000 2018 RM’000 Inter-segment assets (692,951) (557,811) The following items are deducted from segment liabilities to arrive at total liabilities reported in the consolidated statement of financial position: 2019 RM’000 2018 RM’000 Inter-segment liabilities (872,084) (759,161) C Capital expenditure consist of: 2019 RM’000 2018 RM’000 Property, plant and equipment 80,358 50,255 Intangible assets - software and other development cost 25,062 19,504 Right-of-use asset 5,332 - 110,752 69,759 D Amortisation consist of: 2019 RM’000 2018 RM’000 Prepaid land lease payments - 87 Intangible assets 23,557 22,353 23,557 22,440 44. SEGMENT INFORMATION (CONT’D.) Notes Nature of adjustments and eliminations to arrive at amounts reported in the consolidated financial statements (cont’d.) E Other material non-cash expenses/(income) consist of the following items as presented in the respective notes to the financial statements: Note 2019 RM’000 2018 RM’000 Reversal of deferred consideration arising from acquisition of subsidiary 5 (5,320) (9,345) Net gain on disposal of plant and equipment 7 (34) (658) Gain on disposal of asset held for sale 7 (647) - Property, plant and equipment written off 7 42 9 Impairment on financial assets: - Trade and other receivables 7 6,214 9,935 Reversal of impairment on financial assets: - Trade and other receivables 5 (28,019) (2,714) Bad debts written off 7 200 - Defined retirement benefit obligations 8 231 273 Intangible assets written off 7 4 - (27,329) (2,500)