Baker Tech AR 2018 Full (28 Mar 2019)

99 / 152

Notes to the
financial statements
For the financial year ended 31 December 2018
97
A N N U A L R E P O R T
2 0 1 8
4. Segment information (cont’d)
Marine offshore Investments Corporate
Adjustments
and
elimination
Per consolidated
financial
statements
2018 2017 2018 2017 2018 2017 2018 2017 2018 2017
$’000 $’000 $’000 $’000 $’000 $’000 $’000 $’000 $’000 $’000
Revenue – external
customers 32,702 5,002 – – – – – – 32,702 5,002
Results:
Depreciation and
amortisation (11,620) (2,825) – – (2) (3) – – (11,622) (2,828)
Interest income 162 12 24 187 336 462 – – 522 661
Interest expense (206) – – – – – – – (206) –
Inventories and work-
in-progress written
down (32) (501) – – – – – – (32) (501)
Contract assets
written down (506) – – – – – – – (506) –
Write back for
warranty 341 1,176 – – – – – – 341 1,176
Bargain purchase gain – – 24,709 – – – – – 24,709 –
Share of results of
associates (3,101) – – – – – – – (3,101) –
Segment profit/(loss) (7,891) (5,338) 31,083 (200) 3,741 (4,546) (12,480) (1,199) 14,453 (11,283)
Segment assets 285,904 128,736 51,142 195 14,646 79,942 (47,113) – 304,579 208,873
Segment liabilities 27,806 5,918 63 29 601 412 – – 28,470 6,359
Other segment
information:
Purchase of
investment
securities – – 120 302 – – – – 120 302
Additions to non-
current assets:-
– Investment in
associates 4,979 – – – – – – – 4,979 –
– Purchase of
property,
plant and
equipment 8,822 682 – – – 7 – – 8,822 689
– Transfer from
work-in-
progress – 100,050 – – – – – – – 100,050