Integrated Annual Report 2021

36. SEGMENT INFORMATION (CONT'D.) (a) Business segments (cont’d.) Note: A Inter-segment revenues and transactions are eliminated on consolidation. B Other assets comprise the following items: 2021 2020 RM’000 RM’000 Investment in associates 21,042 696 Other non-current assets 3,289,195 389,502 Deferred tax assets 101,917 104,433 Inventories 120,126 91,349 Trade and other receivables (excluding finance lease receivables) 3,406,855 4,123,854 Cash, deposits and bank balances 7,952,347 6,855,005 Derivative assets 103,039 – 14,994,521 11,564,839 C Other liabilities comprise the following items: 2021 2020 RM’000 RM’000 Trade and other payables 4,041,764 3,509,253 Provision for taxation 19,867 23,273 Deferred tax liabilities 6,833 7,821 Derivative liabilities 218,118 538,697 Deferred income 1,104,973 1,150,460 Other non-current liabilities 175,974 – 5,567,529 5,229,504 36. SEGMENT INFORMATION (CONT’D.) (b) Geographical segments Although the Group’s four core business segments are managed on a worldwide basis, the Group operates mainly in five principal geographical areas of the world, namely Malaysia, Americas, Asia, Africa and Europe. In Malaysia, its home country, the Group’s operation comprise of Gas Assets & Solutions, Petroleum & Product Shipping, Offshore Business, Marine & Heavy Engineering and others. The following table provides an analysis of the Group’s revenue and carrying amount of assets by geographical segments: Asia, The Africa and Malaysia Americas Europe Consolidated RM'000 RM'000 RM'000 RM'000 31 December 2021 Revenue 4,770,400 5,538,348 362,959 10,671,707 Assets 41,607,897 12,774,457 3,139,123 57,521,477 31 December 2020 Revenue 5,040,726 4,259,234 101,274 9,401,234 Assets 40,573,047 9,792,224 1,455,738 51,821,009 (c) Information about major customers Breakdown of revenue from major customers are as follows: 2021 2020 RM’000 RM’000 Fellow subsidiaries: - PETRONAS Carigali Sdn Bhd 1,225,112 1,166,251 - PETRONAS LNG Sdn Bhd 1,182,534 1,165,600 - Malaysia LNG Sdn Bhd 966,248 982,609 3,373,894 3,314,460 Third Parties: - Petróleo Brasileiro S.A. (“Petrobras”) 2,773,079 281,744 - Sabah Shell Petroleum Company Limited 436,860 474,189 - Royal Dutch Shell PLC 390,136 538,887 - Equinor ASA 376,869 271,993 - Satellite Chemical Co. Ltd 294,411 8,820 - Marine Well Containment Company 192,788 195,581 - TOTAL SE 156,718 168,561 - SPI 122,721 115,548 - SINOPEC 118,160 89,077 - PBF Energy Inc. 101,162 156,525 4,962,904 2,300,925 NOTES TO THE FINANCIAL STATEMENTS 31 December 2021 NOTES TO THE FINANCIAL STATEMENTS 31 December 2021 MISC Berhad 410 Integrated Annual Report 2021 MISC Berhad Integrated Annual Report 2021 411 FINANCIAL STATEMENTS FINANCIAL STATEMENTS

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