2023 UEM Edgenta Annual Report

Section 8 UEM Edgenta Berhad FINANCIAL STATEMENTS 298 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 3. REVENUE Group Company 2023 RM’000 2022 RM’000 2023 RM’000 2022 RM’000 Revenue from contracts with customers (a) Asset consultancy 89,438 99,520 - - Healthcare support 1,527,879 1,487,871 - - Infrastructure services 998,249 768,997 - - Property and facility solutions 227,388 163,766 - - Others 38,086 3,475 - - Management fees - - - 22,748 2,881,040 2,523,629 - 22,748 Revenue from other sources Dividend income from subsidiaries - - 62,496 59,186 Total revenue 2,881,040 2,523,629 62,496 81,934 (a) Revenue from contracts with customers are recognised: - At a point in time 48,112 50,070 - - - Over time 2,832,928 2,473,559 - 22,748 2,881,040 2,523,629 - 22,748 (b) Geographical markets Malaysia 1,786,030 1,567,649 62,496 81,934 United Arab Emirates 112,789 75,057 - - Saudi Arabia 31,768 - - - Indonesia 1,194 12,092 - - Singapore 428,488 401,867 - - Taiwan 520,771 466,964 - - 2,881,040 2,523,629 62,496 81,934 The transaction price allocated to the remaining performance obligations (unsatisfied or partially unsatisfied) as at 31 December 2023 due within one year is RM1.7 billion (2022: RM1.7 billion) and due more than one year is RM4.8 billion (2022: RM4.6 billion). These relate to performance obligations from long term service contracts that is to be satisfied within 1 to 22 years (2022: within 1 to 23 years).

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