Page 371 - MSM_AIR2021
P. 371

SUSTAINABILITY JOURNEY   HOW WE ARE GOVERNED   FINANCIAL STATEMENTS   ADDITIONAL INFORMATION  369


            NOTES TO THE FINANCIAL STATEMENTS

            FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2021










            40  SEGMENT INFORMATION (CONTINUED)
                 The segment information provided to the Group Chief Executive Officer for the reportable segments for the financial year is
                 as follows: (continued)
                                                                                           Discontinuing
                                                            Continuing operations              operation
                                                                                                Rubber,
                                                                                                palm oil
                 Group                                      Sugar  Reconciliation   Subtotal   and mango      Total
                                                           RM’000      RM’000       RM’000      RM’000       RM’000
                 2020
                 Total segment revenue                   2,184,463          -    2,184,463           -    2,184,463
                 Revenue from external customer          2,184,463          -    2,184,463           -    2,184,463
                 Finance income                             3,202         633        3,835           -        3,835
                 Finance cost                             (32,063)      (4,721)    (36,784)          -      (36,784)
                 Depreciation and amortisation             (78,913)     (2,627)    (81,540)      (4,685)    (86,225)
                 (Impairment loss)/reversal of impairment (net)
                 - financial assets                        (6,565)          -       (6,565)        (20)      (6,585)
                 - non-financial assets                    11,775           -       11,775      (41,943)    (30,168)
                 Profit/(Loss) before zakat and taxation   62,036      (26,189)     35,847      (75,091)    (39,244)
                 Taxation                                 (28,050)      (2,448)    (30,498)          -      (30,498)
                 Zakat                                     (1,486)          -       (1,486)          -       (1,486)
                 Loss after taxation for the financial year                                                 (71,228)
                 Total assets                           2,575,520      112,738   2,688,258      82,022    2,770,280
                 Total liabilities                       1,161,675      14,539    1,176,214     12,540    1,188,754
                 Addition to property, plant and equipment   29,665       378       30,043           -       30,043
                 Addition to intangible assets                35          561         596            -         596
                 Analysis of revenue
                 The analysis of revenue by geographical locations is as follows:
                                                                                                       Group
                                                                                                  2021        2020
                                                                                                RM’000      RM’000
                 Malaysia                                                                     1,753,616   1,715,271
                 Asia                                                                          384,194      353,200
                 Australia                                                                       6,020        5,847
                 Europe                                                                          97,642     102,344
                 Others                                                                         18,226        7,801
                                                                                              2,259,698   2,184,463
                 All non-current assets other than financial instruments are located in Malaysia.


            41  APPROVAL OF FINANCIAL STATEMENTS
                 The financial statements have been approved for issue in accordance with a resolution of the Board of Directors on
                 21 March 2022.
   366   367   368   369   370   371   372   373   374   375   376