Notestothefinancialstatements
For the financial year ended31December 2015
4.
Segment information (cont’d)
Geographical information
Revenue informationbasedon thegeographical locationof customers isas follows:
Revenue
2015
2014
$’000
$’000
China
26,853
57,687
Singapore
11,205
17,699
MiddleEast
8,312
5,036
AsiaPacific (excludingChinaandSingapore)
7,461
5,643
Others
233
207
54,064
86,272
Except for the Group’s available-for-sale investment of $962,000 (2014: $589,000) at 31 December 2015which is located in Europe, all the assets and capital
expenditureof theGroupare located inSingapore.
Informationabout amajor customer
Revenue from one major customer amounted to approximately $15,517,000 (2014: $36,402,000), arising from the provision of specialised marine offshore
equipment and services.
5.
Revenue
Revenue
2015
2014
$’000
$’000
Project revenue
48,015
77,275
Sparepartsandengineering series
6,049
8,997
54,064
86,272
6.
Otheroperating income
Group
2015
2014
$’000
$’000
Interest income from short termdeposits
1,092
896
Foreignexchangegain
5,322
3,647
Other sundry income
31
99
6,445
4,642
7.
Profit before tax
The following itemshavebeen included inarrivingat profit before tax:
Group
2015
2014
$’000
$’000
Depreciationof property, plant andequipment
1,811
2,211
Consultancy service feepaid / payable todirectors
140
160
Operating leaseexpenses
1,368
1,448
Inventorieswrittendown
625
1,950
Employeebenefitsexpense (includingexecutivedirectors):
– Contributions todefined contributionplans
905
796
– Salaries, wages, bonusesandother costs
8,812
9,473
Audit feespaid toauditorsof theCompany
210
174
Non-audit feespaid to:
– Auditorsof theCompany
19
18
– Other auditors
21
88
Legal andother professional fees
306
329
Provision for doubtful debts
35
–
100
101
BAKERTECHNOLOGYlimited
ANNUAL REPORT 2015
