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Masterskill Education Group Berhad / Annual Report 2012
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NOTES TO THE FINANCIAL STATEMENTS (CONT’D)
20. DIvIDENDS
Dividends recognised by the Company:
Sen per share Total
Rm’000
Date of payment
2012
Second interim single tier 2011 ordinary 1.40 5,739 9 April 2012
First interim single tier 2012 ordinary 14.64 60,010 3 July 2012
Total 65,749
2011
Final single tier 2010 ordinary 7.90 32,383 15 June 2011
First interim single tier 2011 ordinary 4.18 17,134 20 December 2011
Total 49,517
21. OpERATING SEGmENTS
The Group has two (2011: two) reportable segments, as described below, which are the Group’s strategic business units. The
strategic business units offer different products and services, and are managed separately because they require different skill sets
and marketing strategies.
For each of the strategic business unit, the Group’s Chief Executive Officer (the chief operating decision maker) reviews internal
management reports on a regular basis. The following summary describes the operations in each of the Group’s reportable
segment:
• University Colleges - the Group offers students a range of degree and diploma courses in nursing and allied health disciplines
at post-secondary level.
• Colleges - the Group offers students a range of diploma courses in nursing and allied health disciplines at post-secondary
level.
Information regarding the results of each reportable segment is included below.
operating results of the reportable segments are independently evaluated for performance measurement and resource allocation
decisions. Segment performance is evaluated based on operating profit or loss which is similar to the accounting profit or loss as
included in the internal management reports reviewed by the Group’s Chief Executive Officer.
The Group accounts for inter-segment sales and transfers as if the sales or transfers were to third parties, which approximate
market prices. These inter-segment transactions are eliminated on consolidation.
Segment revenue and expenses are the operating revenue and expenses reported in the Group’s consolidated statement of
comprehensive income that are directly attributable to a reportable segment and the relevant portion of such revenue and
expenses that can be allocated on a reasonable basis to the reportable segment.
Segment assets and liabilities: Segment assets include all operating assets used by a reportable segment and consist principally of
operating receivables, property, plant and equipment, net of allowances and provisions. Segment liabilities include all operating
liabilities and consist principally of accounts payable and accrued expenses.
Capital expenditure includes the total cost incurred to acquire property, plant and equipment, investment properties, and
intangible assets directly attributable to the segment.