Mandarin Oriental International Limited - Mandarin Oriental Hotel ...

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NOTES TO THE FINANCIAL STATEMENTS
1 Revenue
Analysis by geographical area
MANDARIN ORIENTAL INTERNATIONAL LIMITED
2005 2004
US$m US$m
– Hong Kong and Macau 161.5 143.9
– Other Asia 38.3 28.9
– Europe 106.8 100.6
– The Americas 92.6 63.4
399.2 336.8
Analysis by activity
– Hotel ownership 381.4 320.7
– Hotel management 37.3 32.1
– Less: Intra-Group revenue (19.5) (16.0)
399.2 336.8
The Group considers its primary reporting segment to be geographic.The Group is operated on a worldwide basis
in four regions: Hong Kong and Macau, Other Asia, Europe and The Americas. In addition, the Group has two
distinct business segments: hotel ownership and hotel management.
2 Operating profit
Analysis by geographical area
– Hong Kong and Macau 37.3 33.7
– Other Asia (6.4) 1.7
– Europe 20.5 15.6
– The Americas 9.0 (7.6)
60.4 43.4
Analysis by activity
– Hotel ownership 56.7 38.7
– Hotel management 3.7 4.7
60.4 43.4