110
HG METAL MANUFACTURING LIMITED
ANNUAL REPORT 2014
NOTES TO THE
FINANCIAL STATEMENTS
for the financial year ended 31 December 2014
30.
SEGMENT INFORMATION (CONT’D)
Trading
Manu-
facturing
Adjustment/
elimination
Group
$’000
$’000
$’000
$’000
Financial year ended
31 December 2014
REVENUE
Sales to external customers
158,072
29,778
–
187,850
Inter-segment sales (Note A)
16,105
10,656
(26,761)
–
Total
174,177
40,434
(26,761)
187,850
RESULTS
(Loss)/profit from operations (Note C)
(24,855)
(2,737)
6,858
(20,734)
Interest expense
(763)
(114)
26
(851)
Interest income
70
1
(26)
45
Share of associate results
(1,003)
5,609
–
4,606
Segment (loss)/profit
(26,551)
2,759
6,858
(16,934)
Income tax credit
183
Loss for the year
(16,751)
OTHER INFORMATION
Debit/(Credit):
Investment in associates
60
49,428
–
49,488
Additions to non-current assets (Note B)
1,315
650
–
1,965
Depreciation and amortisation of assets
1,389
1,117
–
2,506
Recognition of deferred income
(1,429)
–
–
(1,429)
Impairment of property, plant and
equipment
896
763
–
1,659
Write down/write off of inventories
8,919
1,502
–
10,421
Fair value loss on derivatives
35
10
–
45
ASSETS AND LIABILITIES
Segment assets (Note A)
191,556
31,816
(41,591)
181,781
Income tax recoverable
135
Deferred tax assets
12
Total assets
181,928
Segment liabilities (Note A)
88,326
16,330
(58,144)
46,512
Tax payable
13
Total liabilities
46,525
