42. 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 (deducted from)/added to segment profit to arrive at loss before tax presented in the consolidated statement of comprehensive income: 2022 2021 RM’000 RM’000 Share of results of an associate (4,428) 18,587 Share of results of joint ventures 10,682 22,254 Finance costs (193,412) (201,451) D. Additions to non-current assets consist of: 2022 2021 RM’000 RM’000 Property, plant and equipment (Note 15) 84,501 13,985 Land held for property development (Note 16(a)) 429,829 555,570 Investment properties (Note 17) 5,126 23,723 Intangible assets (Note 22) – 5,306 Right-of-use assets (Note 35(a)) 4,601 7,070 524,057 605,654 43. SIGNIFICANT EVENTS The following is a summary of material disposals of properties by the Group’s subsidiaries during the financial year ended 31 December 2022: (a) During the financial year, Tropicana Aman Sdn Bhd (“TASB”), a wholly-owned subsidiary of the Group has entered into few sale and purchase agreements as follows: (i) On 23 June 2020, TASB entered into a sale and purchase agreement with Pertini Vista Sdn Bhd, for the disposal of two plots of subdivided leasehold land known as Plot 4 and Plot 5, measuring approximately 6,273 square metres in Selangor for a total consideration of RM8,078,000. Accordingly, gain on disposal of RM5,192,000 was recognised in the profit or loss upon fulfillment of conditions precedent on 15 November 2022. (ii) On 26 June 2020, TASB entered into a sale and purchase agreement with Pertini Vista Sdn Bhd, for the disposal of a plot of subdivided leasehold land known as Plot 3, measuring approximately 6,095 square metres in Selangor for a total consideration of RM8,222,000. Accordingly, gain on disposal of RM4,530,000 was recognised in the profit or loss upon fulfillment of conditions precedent on 21 July 2022. 281 FINANCIAL STATEMENTS & OTHER INFORMATION
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