Notes to the Financial Statements
(Cont’d)
For the financial year ended 30 April 2016
(In Singapore Dollar)
STAMFORD TYRES CORPORATION LIMITED
110 |
DRIVING IT UP
39.
Segment information (cont’d)
Transfer prices between operating segments are based on terms agreed between parties.
South East
Asia
North
Asia
Africa Others
Total of
segments Elimination Consolidated
$’000
$’000
$’000
$’000
$’000
$’000
$’000
2016
Revenue:
External revenue
203,947
2,204 22,614 11,113 239,878
–
239,878
Inter-segment revenue 26,595
527
–
– 27,122 (27,122)
–
Other revenue:
- Interest income
40
–
78
44
162
–
162
- Others
1,396
772
2
1
2,171
–
2,171
Total revenue
231,978
3,503 22,694 11,158 269,333 (27,122)
242,211
Finance costs
(5,540)
(3)
(253)
(104)
(5,900)
451
(5,449)
Segment result
5,450
430
(336)
(2,708)
2,836
451
3,287
Less: Unallocated
expenses
(69)
Share of results of
joint ventures
–
1,146
–
34
1,180
587
1,767
Profit before taxation
4,985
Taxation
(2,398)
Profit for the financial
year
2,587
Other information
Segment assets
220,589
4,906 16,708
5,758 247,961
–
247,961
Associated and joint
venture companies
233 12,160
–
2,139 14,532
–
14,532
Unallocated assets
2,188
35
–
245
2,468
–
2,468
Total assets
223,010 17,101 16,708
8,142 264,961
–
264,961
Segment liabilities
133,560
715
6,368
4,015 144,658
–
144,658
Unallocated liabilities
2,798
–
–
–
2,798
–
2,798
Total liabilities
136,358
715
6,368
4,015 147,456
–
147,456
