Serba Dinamik Annual Report 2021

Registration No: 201501042584 (1167905-P) Serba Dinamik Holdings Berhad (Incorporated in Malaysia) 114 30. Significant related party transactions (continued) (b) Transactions with related parties (continued) The outstanding balances of the related parties, if any together with their terms and conditions are disclosed in the respective notes to the financial statements. 31. Operating segments The Group has three reportable segments, as described below, which are the Group’s strategic business units. For each of the strategic business units, the Group Chief Executive Officer (being the Chief Operating Decision Maker), reviews internal management reports quarterly. The following describes the operations in each of the Group’s reportable segments. O&M – Operations and maintenance which includes maintenance, repair and overhaul of rotating equipment, inspection, repair and maintenance of static equipment and structure, maintenance of process control and instrumentation, and other related services. EPCC – Engineering, procurement, construction and commissioning which includes, among others, piping system, process control and instrumentation, equipment installation, power generation plant, gas compression plant, auxiliary power generation and fire- fighting system, and other related services. ICT – Information and communication technology (“ICT”) solutions and supply of products and parts which include customize software development, mobile applications solution, e-Commerce platform and digital theme park or virtual park. E&T – Education and training (“E&T”) which includes technical training programme that can support our O&M, EPCC and ICT segments. There are varying levels of integration between the reportable segments. Inter-segment pricing is determined on negotiated terms. Performance is measured based on segment profit before tax as included in the internal management reports. Segment profit is used to measure performance as management believes that such information is the most relevant in evaluating the results of the segments relative to other entities that operate within these industries.