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SEE HUP SENG LIMITED
Annual Report 2012
84
Notes to the Financial Statements
31 DECEMBER 2012
35 Segment Information (Continued)
(a) Segment revenues and results (Continued)
Revenue reported above represents revenue generated from external customers. Inter-segment sales for
the year 2012 is S$6,620,000 (2011: S$6,995,000).
The accounting policies of the reportable segments are the same as the Group’s accounting policies
described in note 2. Segment profit represents the profit earned by each segment without allocation of
central administration costs and directors’ salaries, share of profits of associates and other income. This
is the measure reported to the chief operating decision maker for the purposes of resource allocation
and assessment of segment performance.
(b) Segment assets and liabilities
Group
2012 2011
S$’000 S$’000
Segment assets
Corrosion prevention 61,321 57,707
Distribution 94,297 103,372
Others 24,402 –
Total segment assets 180,020 161,079
Consolidated assets 180,020 161,079
Segment liabilities
Corrosion prevention 8,139 5,432
Distribution 78,844 73,968
Others 1,906 –
Total segment liabilities 88,889 79,400
Unallocated liabilities
– Provision for taxation 2,728 2,466
– Deferred income tax 1,259 1,248
Consolidated liabilities 92,876 83,114
(c) Other segment information
Group
Depreciation
and amortisation
Additions to
non-current assets
Year
ended 2012
Year
ended 2011
Year
ended 2012
Year
ended 2011
S$’000 S$’000 S$’000 S$’000
Corrosion prevention 1,784 1,657 563 3,240
Distribution 1,396 1,172 2,332 492
Others 143 – 660 –
3,323 2,829 3,555 3,732