Mandarin Oriental International Limited - Mandarin Oriental Hotel ...

Notes to the Financial Statements Continued
18 Segment information
Analysis by geographical area
64 Mandarin Oriental International Limited
Associates
Capital Segment and joint Segment
expenditure assets venture liabilities
US$m US$m US$m US$m
2008
Hong Kong and Macau 10.5 459.3 11.9 (52.2 )
Other Asia 20.9 62.1 128.3 (15.7 )
Europe 37.0 485.2 – (24.4 )
The Americas 4.3 163.3 15.3 (19.8 )
Segment 72.7 1,169.9 155.5 (112.1 )
Unallocated – 550.5 – (752.3 )
72.7 1,720.4 155.5 (864.4 )
2007 (restated)
Hong Kong and Macau 28.6 489.4 15.8 (48.0 )
Other Asia 6.4 60.4 156.4 (15.5 )
Europe 20.2 594.1 – (27.3 )
The Americas 3.5 186.1 32.4 (17.7 )
Segment 58.7 1,330.0 204.6 (108.5 )
Unallocated – 526.4 – (792.2 )
58.7 1,856.4 204.6 (900.7 )
Capital expenditure comprises additions of intangible assets, tangible assets, and land use rights, including those
arising from subsidiary undertakings. Unallocated assets and liabilities comprise other investments, tax assets and
liabilities, cash and cash equivalents and borrowings. Associates and joint venture include the Group’s share of
attributable net assets.
Analysis by activity
Substantially all of the net assets of the Group are employed in hotel ownership.