BAKERTECHNOLOGYLIMITED
ANNUALREPORT2013
103
Notes to the
Financial Statements
for the financial year ended 31December 2013
4.
Segment information (cont’d)
Marineoffshore
Investments
Corporate
Adjustments and
elimination
Per consolidated
financial statements
2013
2012
2013
2012
2013
2012
2013
2012
2013
2012
$
$
$
$
$
$
$
$
$
$
Revenue
–external customers
83,299,070 98,244,113
–
–
–
–
–
– 83,299,070 98,244,113
Results:
EBITDA*
21,474,576 21,534,163 (21,108)
– (2,278,101) (4,827,376)
(600,000)
(600,000) 18,575,367 16,106,787
Depreciationand
amortisation
(1,228,873) (1,400,791)
–
–
(7,957)
(13,062)
–
– (1,236,830) (1,413,853)
Interest expense
(7,670)
(121,913)
–
–
–
–
–
–
(7,670)
(121,913)
Interest income
57,392
28,883
–
– 429,326 480,855
–
– 486,718 509,738
Recognitionof deferred
gainondisposal
of subsidiary
–
–
– 58,237,148
–
–
–
–
– 58,237,148
Gainondisposal
of anassociate
–
– 8,757,440 10,894,451
–
–
–
– 8,757,440 10,894,451
Shareof results
of associates
–
– (495,000)
586,800
–
–
–
– (495,000)
586,800
Segment profit/(loss)
20,295,425 20,040,342 8,241,332 69,718,399 (1,856,732) (4,359,583)
(600,000)
(600,000) 26,080,025 84,799,158
Segment assets
92,479,457 84,930,613 2,456,456 32,019,623 161,233,316 175,534,988
–
– 256,169,229 292,485,224
Segment liabilities
14,944,411 21,198,109
5,821
– 1,376,004 3,144,222
–
– 16,326,236 24,342,331
Other segment information:
Purchaseof investment
securities
–
– 2,456,456
–
–
–
–
– 2,456,456
–
Investment inanassociate
–
–
– 32,019,623
–
–
–
–
– 32,019,623
Additions tonon-current
assets
208,387 391,539
–
– 4,317,896
2,778
–
– 4,526,283 394,317
* Earnings before interest, taxation, depreciation and amortisation
