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DYNA-MAC HOLDINGS LTD.
2016 ANNUAL REPORT
107
Performance At A Glance
Financial Report
Corporate Governance and Transparency
Sustainable Growth
Year in Review
NOTES TO THE
FINANCIAL STATEMENTS
For the financial year ended 31 December 2016
33.
SEGMENT INFORMATION
(CONT’D)
Module
Business
Ad-hoc
projects
Total
$’000
$’000
$’000
2015
Revenue
Segment revenue to external parties
263,205
6,307
269,512
Segment gross profit
50,575
(901)
49,674
As at 31 December 2015
Segment assets
167,253
4,008
171,260
Segment liabilities
93,930
2,251
96,181
There are no sales between segments. The revenue from external parties reported to the Board of Directors
is measured in a manner consistent with that in the consolidated statement of comprehensive income.
The Board of Directors assesses the performance of the operating segment based on gross profit. Segment
results represent the profit earned by each segment without allocation of other income, administrative
expenses, finance expenses, share of loss of an associated company and income tax expenses. This is reported
to the Board of Directors for the purposes of resource allocation and assessment of segment performance.
(a) Reconciliations
(i)
Segment profits
A reconciliation of segment gross profit to net profit is as follows:
Group
2016
2015
$’000
$’000
Segment gross profit for reportable segments
41,835
49,674
Other gains and losses – net
(12,127)
(3,948)
Administrative expenses
(41,641)
(44,122)
Finance expenses
(2,989)
(3,414)
Loss before income tax
(14,922)
(1,810)
Income tax expense
(743)
(3,373)
Net loss
(15,665)
(5,183)
(ii) Segment assets
The amounts provided to the Board of Directors with respect to total assets are measured in a
manner consistent with that of the financial statements. For the purposes of monitoring segment
performance and allocating resources between segments, the Board of Directors monitors work-
in-progress, inventories and receivables attributable to each segment.