81
SUNMOON FOOD COMPANY LIMITED
ANNUAL REPORT 2015
NOTES TO THE
FINANCIAL STATEMENTS
FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2015
23.
SEGMENT INFORMATION
(CONTINUED)
Segment results, assets and liabilities include items directly attributable to a segment as well as those that can be
allocated on a reasonable basis.
Segment assets consist primarily of property, plant and equipment, available-for-sale financial asset, inventories,
trade and other receivables, prepayments, held-for-trading financial asset and cash and bank balances. Segment
liabilities comprise operating liabilities and exclude tax liabilities. Segment capital expenditure is the total cost
incurred during the financial year to acquire segment assets that are expected to be used for more than one
financial year.
Agricultural
products
(Discontinued
operation)
Fruits
(Continuing
operation)
Unallocated Elimination Adjustment
Continuing
Operations
$’000
$’000
$’000
$’000
S’000
$’000
2015
Revenue
External revenue
26,973
14,093
–
–
(26,973)
14,093
Inter-segment revenue
6,574
187
–
(187)
(6,574)
–
33,547
14,280
–
(187)
(33,547)
14,093
Results
Segment results
3,107
(827)
49
(3,376)
(3,107)
(4,154)
Interest income
2
–
–
–
(2)
–
Finance costs
(164)
–
–
–
164
–
Profit/(Loss) before income tax
2,945
(827)
49
(3,376)
(2,945)
(4,154)
Income tax expense
(892)
–
–
–
892
–
Loss for the financial year
2,053
(827)
49
(3,376)
(2,053)
(4,154)
Non-cash items
Depreciation of property,
plant and equipment
(745)
(32)
(11)
–
–
(788)
Write back allowance for inventory
obsolescence
270
–
–
–
–
270
Inventories written off
–
(10)
–
–
–
(10)
Other receivables written off
–
–
(2)
–
–
(2)
Impairment loss on third parties
trade receivables
–
(521)
–
–
–
(521)
Fair value gain on held-for-trading
financial asset
9
–
–
–
–
9
Write back of long overdue payables
–
–
40
–
–
40
Agricultural
products
Fruits
(Discontinued
operation)
(Continuing
operation)
Unallocated Elimination
Continuing
Operations
$’000
$’000
$’000
$’000
$’000
2015
Capital expenditure
Property, plant and equipment
312
106
–
–
418
Assets and liabilities
Segment assets
24,451
5,867
14,195
(24,698)
19,815
Segment liabilities
20,001
12,428
12,143
(35,950)
8,622
