KIM HENG OFFSHORE & MARINE HOLDINGS LIMITED
94
Notes to the financial statements
22 Operating segments (Cont’d)
Reconciliations of reportable segment revenues, profit or loss, assets and liabilities and other material
items
Group
2015
2014
$’000
$’000
Revenues
Total revenue for reportable segments
56,599
82,009
Elimination of inter-segment revenue
(4,842)
(4,031)
Consolidated revenue
51,757
77,978
Other material items
Other income for reportable segments
4,632
2,671
Adjustments
(1,572)
(223)
Consolidated other income
3,060
2,448
Geographical Information
The Group’s operations are mainly in the region of Southeast Asia, Australasia (comprising mainly Australia,
Marshall Islands and Papua New Guinea), Middle East, Europe and North America. In presenting information
on geographical segments, segment revenue are based on the delivery order address of customers. Segment
assets, based on the geographical location of the assets, are all in Singapore.
Group
2015
2014
$’000
$’000
Revenues
Australia
4,079
2,754
Indonesia
2,087
2,032
Malaysia
1,125
2,724
Papua New Guinea
7,943
–
Portugal
215
794
Singapore
15,951
45,629
United Arab Emirates
102
2,809
United States of America
9,153
10,843
Others
11,102
10,393
51,757
77,978
Singapore Group
$’000
$’000
Non-current assets
31 December 2015
84,050
84,050
31 December 2014
63,295
63,295