112
113
BAKER TECHNOLOGY LIMITED ANNUAL REPORT 2012
BAKER TECHNOLOGY LIMITED ANNUAL REPORT 2012
4. Segment information (cont’d)
Geographical information
Revenue information based on the geographical location of customers is as follows:
Revenue
2012
2011
$
$
China
76,063,916 46,434,562
Singapore
18,102,991 15,099,770
Middle East
1,020,267 3,238,158
Asia Pacific (excludingChina and Singapore)
3,047,944 16,360,782
Others
8,995
13,854
98,244,113 81,147,126
Except for the Group’s available-for-sale investment, which is located in Europe, all the assets and capital
expenditure of theGroup are located in Singapore.
Information about amajor customer
Revenue from one major customer amounted to approximately $34,286,000 (2011: $29,347,000), arising
from the provision of specialisedmarine offshore equipment and services.
5. Revenue
Revenue consists of contract revenue from the manufacturing and provision of specialised marine offshore
equipment and services for the oil andgas industry. Included in the revenue, is an amount of $384,694 (2011:
$642,240) which relates to engineering services rendered on projects.
6. Otheroperating income
Group
2012
2011
$
$
Rental income
117,600
117,600
Interest income from short term deposits
509,738
215,270
Recognition of deferred gain on disposal of subsidiary (Note 25)
58,237,148
–
Gain on disposal of associated company (Note 14)
10,894,451
–
Other income
199,350
–
69,958,287
332,870
7. Otheroperating expenses
The following items have been included in arriving at other operating expenses:
Group
2012
2011
$
$
Foreign exchange loss
871,495
874,862
Loss on disposal of property, plant and equipment
326
85,044
for the financial year ended 31december 2012
for the financial year ended 31december 2012
notestothe
financialstatements
notestothe
financialstatements
