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Notes to the Financial Statements (cont’d)
For the financial year ended 31 December 2011
40. Segmental information (cont’d)
Business segments (cont’d)
Tin Smelting Tin Mining Others
(Eliminations)/
Adjustments Total
Note RM’000 RM’000 RM’000 RM’000 RM’000
Assets
Segment assets
Investment in associates and
620,996 476,876 913 (1,107) 1,097,678
jointly controlled entity 2,475 – 171,706 – 174,181
Total assets 623,471 476,876 172,619 (1,107) 1,271,859
Liabilities
Segment liabilities 574,506 234,486 1,019 (449) 809,562
Other segment information
Additions of non-current
assets
- Property, plant and
equipment 15 5,974 6,197 – – 12,171
- Prepaid land lease
payments 16 – 141 – – 141
- Intangible and other assets 17/21 – 43,636 – – 43,636
Depreciation 15 1,765 11,819 34 – 13,618
Amortisation of prepaid land
lease payments 16 27 47 – – 74
Amortisation of mining rights 17 – 132 – – 132
Amortisation of corporate
club membership 17 – 4 40 – 44
Amortisation of deferred
mine development and
deferred exploration and
evaluation expenditure 21 – 29,698 – – 29,698
Other significant non-cash
expenses:
Provision for mine
rehabilitation 27 – 18,247 – – 18,247
Provision for severance
benefits 27 – 9,895 20 – 9,915
Reversal of write down of tin
slag inventory no longer
required – (13,897) – – (13,897)
Interest income (11,360) (1,607) – – (12,967)
MALAYSIA SMELTING CORPORATION (43072-A) • ANNUAL REPORT 2011 167