Annual Report - QuamIR

Notes to the Consolidated Financial Statements (Continued)
5 Segment information (Continued)
5
Year ended 31 December 2010
Properties development
Shanghai
and
Zhejiang Shenyang Tianjin Other area
Property
investment
and leasing
Infrastructure
Alternative
energy
Construction
Hotel and
catering
services
Other
operations
Total
reportable
segments
HK$ Million HK$ Million HK$ Million HK$ Million HK$ Million HK$ Million HK$ Million HK$ Million HK$ Million HK$ Million HK$ Million
Revenue from external customers 60.1 – – – 257.2 68.6 51.0 18.4 37.6 6.2 499.1
Inter-segment revenue – – – – 1.0 – – 22.1 – – 23.1
Total revenue 60.1 – – – 258.2 68.6 51.0 40.5 37.6 6.2 522.2
Operating profit/(loss) (218.8) (28.3) (26.6) (6.9) 284.9 20.3 4.8 (62.4) (48.7) (31.5) (113.2)
Finance income 1.5 1.8 2.7 – 1.6 0.6 – – – 0.8 9.0
Finance costs (17.3) – – – (48.7) (71.7) (25.4) – (15.7) (8.2) (187.0)
Share of profits less losses of
associated companies
– – – – 61.6 – 28.2 – – 0.1 89.9
Share of profits less losses of
jointly controlled entities
(16.0) – – – – – – – – 1.1 (14.9)
Profit/(loss) before income tax (250.6) (26.5) (23.9) (6.9) 299.4 (50.8) 7.6 (62.4) (64.4) (37.7) (216.2)
Income tax (expense)/credit 56.4 1.2 4.9 – (49.3) – 0.4 3.3 – 0.9 17.8
Profit/(loss) for the year (194.2) (25.3) (19.0) (6.9) 250.1 (50.8) 8.0 (59.1) (64.4) (36.8) (198.4)
Depreciation (2.3) (1.8) (0.7) – (1.1) (21.1) (22.1) (3.0) (8.3) (3.0) (63.4)
Amortisation (0.2) (14.2) (19.4) (3.1) – (7.8) (0.4) – – (1.0) (46.1)
Fair value adjustments on
investment properties
(225.4) (4.9) – – 131.4 – – – – – (98.9)
(Provision for)/reversal of
impairment losses
– – – – 1.1 – – (0.5) (33.8) (4.8) (38.0)
As at 31 December 2011
Properties development
Shanghai
and
Zhejiang Shenyang Tianjin Other area
Property
investment
and leasing
Infrastructure
Alternative
energy
Construction
Hotel and
catering
services
Other
operations
Total
reportable
segments
HK$ Million HK$ Million HK$ Million HK$ Million HK$ Million HK$ Million HK$ Million HK$ Million HK$ Million HK$ Million HK$ Million
Total assets 6,754.4 905.0 3,518.6 278.5 4,634.5 1,561.3 2,326.3 1,230.6 124.1 31.9 21,365.2
Total assets include:
Interests in associated companies – – – – 316.3 – 802.3 – – – 1,118.6
Interests in jointly controlled entities 2,069.1 – – – – – – – – – 2,069.1
As at 31 December 2010
Total assets 6,143.2 1,451.8 3,020.6 258.0 5,556.5 1,479.3 2,271.8 1,976.4 702.9 35.1 22,895.6
Total assets include:
Interests in associated companies – – – – 288.6 – 713.0 – 588.6 (6.6) 1,583.6
Interests in jointly controlled entities 1,916.4 – – – – – – – – 0.1 1,916.5
124 HKC (Holdings) Limited • Annual Report 2011