TUNG LOK RESTAURANTS (2000) LTD / Annual Report
2016
86
Notes to the financial statements
For the financial year ended 31 March 2016
29.
Segment information
Reportable segment
Information reported to the Group’s chief operating decision maker for the purposes of resource allocation and
assessment of segment performance is specifically focused on the restaurant business which forms the basis of
identifying the operating segments of the Group under FRS 108
Operating Segments
. Management considers a
restaurant business as a single operating segment.
The accounting policies of the reportable segment are the same as the Group’s accounting policies described in Note
2. Segment profit or loss represents the profit or loss earned/incurred by each segment without allocation of control
administration costs and directors’ salaries.
Geographical information
The Group operates in Singapore, Indonesia and the People’s Republic of China.
The following table provides an analysis of the Group’s revenue from external customers based on the geographical
location where revenue is generated:
Group
Sales revenue by
geographical market
2016
2015
$
$
Singapore
82,984,429 80,400,971
People’s Republic of China
3,080,545 3,056,729
Indonesia
–
1,527,561
Total
86,064,974 84,985,261
The following is an analysis of the carrying amount of segment assets (non-current assets excluding financial
instruments, investments in joint venture and associates) analysed by the geographical location in which the assets are
located:
Group
Non-current assets
2016
2015
$
$
Singapore
11,378,249 12,563,651
People’s Republic of China
673,323 1,391,701
Total
12,051,572 13,955,352
The non-current assets comprise property, plant and equipment.
Information about major customers
The revenue is spread over a broad base of customers.
