Notes to the Financial Statements
(Cont’d)
For the year ended 30 April 2015
(In Singapore Dollars)
103
STAMFORD TYRES CORPORATION LIMITED
BUILDING ON OUR EXTENSIVE NETWORK
39. Segment information (cont’d)
Business information
Revenue
Non-current assets
2015
2014
2015
2014
$’000
$’000
$’000
$’000
Distribution
256,639
258,285
71,763
69,489
Manufacturing
36,784
34,999
13,138
14,520
293,423
293,284
84,901
84,009
Non-current assets information presented above consist of property, plant and equipment, associated
company and deferred tax assets as presented in the consolidated balance sheet.
40. Subsidiary, associated and joint venture companies
The subsidiary, associated and joint venture companies as at 30 April 2015 are:
Name of company
(Country of incorporation)
Principal activities
(Place of business)
Cost of
investment
Percentage of
equity held by
the Group
2015 2014 2015 2014
$’000 $’000 % %
Subsidiary companies
Held by the Company:
(1)
Stamford Tyres International
Pte Ltd
(Singapore)
Wholesale and retail of tyres and
wheels, design and contract
manufacturing of tyres for
proprietary brands and motor
vehicle servicing
(Singapore)
11,000 11,000 100 100
(2)
Stamford Tyres (M) Sdn Bhd
(Malaysia)
Wholesale of tyres and wheels
(Malaysia)
580 580 100 100
(2)
STC Tyres (Malaysia) Sdn Bhd
(Malaysia)
Property holding company
(Malaysia)
913 913 100 100
(2)
STC Tyre Mart Sdn Bhd
(formerly known as Stamford
Tyre Mart Sdn Bhd)
(Malaysia)
Retail of tyres and wheels
(Malaysia)
393
@
100 100
(3)
Stamford Tires Distributor
Co., Ltd
(Thailand)
Wholesale of tyres and wheels
(Thailand)
4,268 4,268 100 100
