KIM HENG OFFSHORE & MARINE HOLDINGS LIMITED
ANNUAL REPORT 2014
95
NOTES
TO THE FINANCIAL STATEMENTS
23
OPERATING SEGMENTS (Cont’d)
Offshore Rig
Services and
Supply Chain
Management
Vessel Sales
and Newbuild The Group
$’000
$’000
$’000
2014
Total revenue from external customers
69,332
8,646
77,978
Inter-segment revenue
4,031
–
4,031
Total segment revenue
73,363
8,646
82,009
Other income
2,448
–
2,448
Finance costs
(422)
–
(422)
Segment results
4,778
1,036
5,814
Tax expense
(197)
Profit for the year
5,617
Segment assets
130,046
–
130,046
Segment liabilities
31,994
–
31,994
Capital expenditure
13,417
–
13,417
Significant non-cash expenses
- Depreciation
4,031
–
4,031
- Reversal of allowance for inventory
obsolescence
(246)
–
(246)
- Impairment reversed in relation to trade and
other receivables
3,748
–
3,748
