Wasco Berhad Integrated Annual Report 2023

Notes to the Financial Statements FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2023 43 SEGMENTAL ANALYSIS (CONTINUED) Energy Services Bioenergy Services Trading Others Total RM’000 RM’000 RM’000 RM’000 RM’000 RESULTS Financial year ended 31 December 2022 (Re-presented) Revenue 2,062,317 266,555 - 50,224 2,379,096 Less: Inter segment revenue - - - (13,015) (13,015) External revenue 2,062,317 266,555 - 37,209 2,366,081 Segment profit/(loss) 115,523 36,301 - (26,435) 125,389 Share of results of associates (12,774) - - 1,160 (11,614) Share of results of joint ventures (6,025) 447 - (5,758) (11,336) 96,724 36,748 - (31,033) 102,439 Unallocated expenses relating to financing activities (15,148) Unallocated corporate expenses (12,408) Profit before tax 74,883 TOTAL ASSETS As at 31 December 2022 Segment assets 2,075,270 165,222 146,745 54,274 2,441,511 Investment in associates - - 298 101,520 101,818 Investment in joint ventures 3,546 3,890 - 25,264 32,700 Assets classified as held for sale - - - 16,171 16,171 Assets of disposal group classified as held for sale - - - 24,659 24,659 2,078,816 169,112 147,043 221,888 2,616,859 Unallocated corporate assets - Deferred tax assets 50,117 - Tax recoverable 10,590 - Cash and cash equivalents 11,432 - Others 24,452 2,713,450 273 Wasco Berhad

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