43. SEGMENTAL INFORMATION (CONT’D.) Inter-segment revenue is eliminated upon consolidation and reflected in the ‘adjustments and eliminations’ column. All other adjustments and eliminations are part of detailed reconciliations presented below: Notes: Nature of adjustments and eliminations to arrive at the amounts reported in the consolidated financial statements A. Inter-segment revenues are eliminated on consolidation. B. Other non-cash items include the following items as presented in the respective notes to the financial statements: 2021 2020 RM’000 RM’000 Unrealised profit arising from transaction with: - a joint venture 199 98 - an associate (10,717) – Unrealised returns on security retainers accumulation fund 29 (98) Bad debts written off 498 49 Bad debts recovered (133) – Reversal of impairment loss on trade and other receivables (3,566) (4,388) Reversal of impairment loss on property, plant and equipment (2,560) – Amortisation of deferred license fees (4,697) (4,586) Amortisation of security retainers accumulation fund 11 11 Impairment loss on: - property, plant and equipment – 33,650 - trade and other receivables 11,514 2,718 - intangible assets 2,353 – Property, plant and equipment written off 82 77 Biological assets written off 185 – (Gain)/loss on disposal of: - property, plant and equipment, net (770) (88) - investment property 10,000 – - quoted shares (15,083) (4,823) - asset classified as held for sale, net – 1,538 Gain on a bargain purchase (18,219) – Net fair value gain on investment properties (19,960) (138,128) Fair value (gain)/loss of quoted shares (27,386) 9,162 Fair value gain on transferable corporate golf club memberships – (575) Fair value loss on biological assets 62 – Unrealised foreign exchange (gain)/loss, net (83) 27 Inventories written down 2,930 – Overprovision of property development costs in prior years (31,517) (12,681) Unwinding of discount on trade and other payables 1,027 389 Amortisation of borrowing costs 11,784 10,916 Accretion of interest on ICPS 14,090 15,118 Accretion of lease liabilities interest 446 415 43. SEGMENTAL INFORMATION (CONT’D.) Inter-segment revenue is eliminated upon consolidation and reflected in the ‘adjustments and eliminations’ column. All other adjustments and eliminations are part of detailed reconciliations presented below: (cont’d.) Notes: Nature of adjustments and eliminations to arrive at the amounts reported in the consolidated financial statements (cont’d.) C. The following items are added to/(deducted from) segment profit to arrive at profit before tax presented in the consolidated statement of comprehensive income: 2021 2020 RM’000 RM’000 Share of results of an associate 18,587 6,046 Share of results of joint ventures 22,055 (1,168) Finance costs (201,451) (164,287) D. Additions to non-current assets consist of: 2021 2020 RM’000 RM’000 Property, plant and equipment (Note 15) 13,985 84,026 Land held for property development (Note 16(a)) 555,570 468,317 Investment properties (Note 17) 23,723 65,473 Intangible assets (Note 22) 5,306 3,232 Right-of-use assets (Note 35(a)) 7,070 5,964 Other investments 41,592 227,706 647,246 854,718 FINANCIAL STATEMENTS NOTES TO THE For the financial year ended 31 December 2021 Annual Report 2021 TROPICANA CORPORATION BERHAD FINANCIAL STATEMENTS AND OTHER INFORMATION 344 345
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