32. Segment reporting
(continued)
Reconciliation of reportable segment revenue, profit or loss, assets and other material items
2014
2013
RM
RM
Profit or loss
Total gross profit for reportable segments
99,494,120
97,141,535
Depreciation of tangible assets
( 2,415,703) ( 2,171,021)
Impairment losses:
- tangible assets
( 2,509,248) ( 6,994,839)
- financial assets
-
( 680,518)
Finance costs
( 1,677,264) ( 1,279,711)
Finance income
4,544,130
3,119,119
Corporate expenses
( 5,053,683) ( 5,115,156)
Others
( 50,838,218) ( 39,455,714)
Reversal of impairment losses
28,500,000
-
_____________ _____________
Consolidated profit before tax
70,044,134
44,563,695
========== ==========
Segment information is presented in respect of the Group’s business segments. As the Group operates
within one geographical segment, geographical segment analysis is not applicable.
Major customers
The following are the major customers with revenue equal or more than 10% of the Group’s total revenue:
Revenue
2014
2013
RM
RM
Segment
- Customer A
102,117,760
99,908,723
Cultivation of oil palm
and palm oil milling
- Customer B
101,920,962
82,303,784
Cultivation of oil palm
and palm oil milling
- Customer C
70,894,370
50,147,702
Cultivation of oil palm
and palm oil milling
- Customer D
104,517,874 117,091,596
Cultivation of oil palm
and palm oil milling
========= =========
The major customers listed above collectively owe RM16,976,835 (2013: RM18,472,029) to the
Group, equivalent to 91% (2013: 93%) of the total trade receivables (see Note 27.4).
Notes to the Financial Statements
SARAWAK PLANTATION BERHAD
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Annual Report 2014
