BAKERTECHNOLOGYLIMITED
ANNUALREPORT2013
104
Notes to the
Financial Statements
for the financial year ended 31December 2013
4.
Segment information (cont’d)
Geographical information
Revenue information basedon the geographical locationof customers is as follows:
Revenue
2013
2012
$
$
China
51,594,259 76,063,916
Singapore
21,270,803 18,102,991
Middle East
1,534,332 1,020,267
Asia Pacific (excludingChina and Singapore)
8,818,981 3,047,944
Others
80,695
8,995
83,299,070 98,244,113
Except for theGroup’savailable-for-sale investmentof$339,012at31December2013andan investment inassociateof$32,019,623
at 31December 2012which are 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 $31,995,000 (2012: $34,286,000), arising from the provision of
specialisedmarine offshore equipment and services.
5.
Revenue
Revenuemainly consists of contract revenue from themanufacturing and provision of specialisedmarine offshore equipment and
services for the oil andgas industry.
6.
Otheroperating income
Group
2013
2012
$
$
Rental income
49,000
117,600
Interest income from short term deposits
486,718
509,738
Gainon disposal of an associate (Note 14)
8,757,440 10,894,451
Foreign exchange gain
1,634,168
–
Other income
5,000
199,350
10,932,326 11,721,139
