NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2022 43 SEGMENTAL ANALYSIS (CONTINUED) Geographical information Revenue and non-current assets information is based on the geographical location of customers and assets respectively as follows: Revenue Non-current assets* 2022 2021 2022 2021 RM’000 RM’000 RM’000 RM’000 Attributed to the country of domicile: Malaysia 727,751 542,253 566,604 630,968 Attributed to foreign countries: Africa 488,599 96,785 - - South East Asia excluding Malaysia 399,497 268,034 199,994 76,978 Middle East 338,050 61,198 165,610 196,136 Australia 264,013 130,919 6,304 8,192 Europe 240,948 95,317 125,974 142,056 United States of America 107,896 14,965 29,712 30,258 Canada 38,663 116,024 18,959 91,929 China 35,681 61,325 3,894 5,014 Latin America 21,996 8,810 - - India 2,135 1,615 1,902 1,804 East Asia 528 4,375 - - Others 20,761 27,691 305 290 2,686,518 1,429,311 1,119,258 1,183,625 * Non-current assets other than deferred tax assets. 44 FINANCIAL INSTRUMENTS BY CATEGORY Group Company 2022 2021 2022 2021 RM’000 RM’000 RM’000 RM’000 Financial assets Financial assets measured at fair value through profit or loss – designated upon initial recognition: - Derivatives financial assets 82 135 - - - Short term investments - 653 - 653 Financial assets at amortised cost: - Trade and other receivables (excluding prepayments and value added tax receivables) 529,998 315,297 382 468 - Amounts owing by subsidiaries - - 18,497 25,678 - Amounts owing by associates 124 20,324 - 16 - Amounts owing by joint ventures 31,811 29,090 - - - Time deposits 53,081 105,267 1,466 6,800 - Cash and bank balances 275,929 136,053 1,801 1,054 890,943 606,031 22,146 34,016 Total 891,025 606,819 22,146 34,669 Wah Seong Corporation Berhad Annual Report 2022 196
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