Financial Statements - Mewah Group

MEWAH INTERNATIONAL INC.
ANNUAL REPORT 2011
Notes to the Financial Statements
For the financial year ended 31 December 2011
34. Segment information (continued)
The segment information provided to the Executive Committee for the reportable segments for the financial year ended
31 December 2011 was as follows:
Bulk Consumer Pack Total
US$’000 US$’000 US$’000
Group
Sales
Total segment sales 3,945,834 1,401,159 5,346,993
Inter-segment sales (757,968) (121,092) (879,060)
Sales to external parties 3,187,866 1,280,067 4,467,933
Operating margin 76,593 42,446 119,039
Other income, excluding interest income 1,346 979 2,325
Admin expenses, excluding depreciation and amortisation (30,367) (28,072) (58,439)
Other operating expenses (282) (346) (628)
EBITDA 47,290 15,007 62,297
Impairment of goodwill - (2,717) (2,717)
Segment results 47,290 12,290 59,580
Unallocated
Depreciation (14,142)
Amortisation (58)
Finance expense (12,887)
Interest income 5,548
Income tax expense 1,094
Share of profit of an associate 123
Profit after tax 39,258
Total segment assets 854,277 368,996 1,223,273
Unallocated
Tax recoverable 20,613
Investment in an associate 204
Total assets 1,244,090
Total assets include:
Additions to:
- property, plant and equipment 58,255 33,983 92,238
- leasehold prepayments 14,063 - 14,063
Total segment liabilities (549,547) (140,716) (690,263)
Unallocated
Tax payable (1,157)
Deferred tax liabilities (14,880)
Total liabilities (706,300)
118