NOTICE OF ANNUAL GENERAL MEETING
statisTICS OF SHAREHOLDINGs
FINANCIAL CONteNts
CORPORATE GOVERNANCE REPORT
93
Navigating Challenges • EMBRACING DIVERSITY | ANNUAL REPORT 2015
Notes to the financial statements
22 Operating segments (Cont’d)
Offshore Rig
Services and
Supply Chain
Management
Vessel Sales
and Newbuild
Group
$’000
$’000
$’000
2015
Total revenue from external customers
44,434
7,323
51,757
Inter-segment revenue
4,842
–
4,842
Total segment revenue
49,276
7,323
56,599
Other income
3,060
–
3,060
Finance costs
(510)
–
(510)
Segment results
(6,771)
2,049
(4,722)
Tax expense
(212)
Loss for the year
(4,934)
Segment assets
133,142
–
133,142
Segment liabilities
43,329
–
43,329
Capital expenditure
29,189
–
29,189
Significant non-cash expenses
- Depreciation of property, plant and equipment
4,457
–
4,457
- Reversal of allowance for inventory obsolescence
(2)
–
(2)
- Impairment loss on trade and other receivables
3,104
–
3,104
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 of property, plant and equipment
4,031
–
4,031
- Reversal of allowance for inventory obsolescence
(246)
–
(246)
- Impairment loss on trade and other receivables
3,748
–
3,748
