axiata group berhad | annual report 2015
223
37. SEGMENTAL REPORTING
By key operating companies of the Group
Management has determined the operating segments based on the reports reviewed by the Board of Directors (Chief Operating decision maker).
The Board of Directors considers the business from a geographic perspective. The Group’s operating companies operate in many countries as shown
in Note 39 to the financial statements. Accordingly, the Group’s operations by key operating companies are segmented into these main geographic
segments: Malaysia, Indonesia, Bangladesh, Sri Lanka and Others. Others comprise of investment holding entities and other operating companies in
other countries that contributed less than 10% of consolidated revenue.
The reportable segments derive their revenue primarily from the provision of mobile services, leasing of passive infrastructure, and others such as
provision of interconnect services, leased services, pay television transmission services and provision of other data services. Revenue is based on the
country in which the customers are located.
The Board of Directors assesses the performance of the operating segment, before its respective tax charge or tax credits, based on a measure
of EBITDA. EBITDA is derived after operating revenue less other operating costs, domestic interconnect and international outpayment, marketing,
advertising and promotion, and staff costs.
Malaysia
RM’000
Indonesia
RM’000
Bangladesh
RM’000
Sri Lanka
RM’000
Others
#
RM’000
Consolidation
adjustments/
eliminations
RM’000
Total
RM’000
Financial year ended
31 December 2015
Operating revenue:
Total operating revenue
7,337,574
6,656,969
2,622,987
2,120,731
1,756,372
-
20,494,633
Inter-segment*
(7,397)
(37,003)
(143)
(38,896)
(17)
(527,717)
(611,173)
External operating revenue
7,330,177
6,619,966
2,622,844
2,081,835
1,756,355
(527,717) 19,883,460
Results:
EBITDA
2,719,163
2,512,587
944,179
684,315
452,831
(29,021)
7,284,054
Interest income
98,666
55,645
7,343
13,920
154,507
(156,660)
173,421
Interest expense
(194,687)
(540,526)
(37,182)
(23,886)
(183,895)
149,038
(831,138)
Depreciation of PPE
(758,748) (2,101,158)
(433,521)
(377,993)
(249,128)
42,491
(3,878,057)
Amortisation of intangible assets
(56,492)
(71,549)
(116,667)
(30,684)
(5,132)
(11,174)
(291,698)
Joint ventures:
- share of results (net of tax)
6,693
(42,782)
-
-
(2,498)
-
(38,587)
Associates:
- share of results (net of tax)
(35,494)
-
-
(943)
525,943
-
489,506
- loss on dilution of equity interests
-
-
-
-
-
(17,356)
(17,356)
Impairment of PPE, net of reversal
-
(14,604)
3,745
6,182
(1,168)
-
(5,845)
Other non-cash (expenses)/income
(3,109)
15,345
(1,655)
(77,318)
505,962
7,617
446,842
Taxation
(474,681)
176,110
(165,804)
(95,012)
(122,150)
(13,537)
(695,074)
Segment profit/(loss) for the
financial year
1,301,311
(10,932)
200,438
98,581
1,075,272
(28,602)
2,636,068
*
Inter-segment operating revenue has been eliminated in arriving at respective segment operating revenue. The inter-segment operating revenue
was entered into in the normal course of business and at prices negotiated and agreed between the parties.
#
Share of associates’ results contributed by Idea Cellular Limited (RM368.8 million) and M1 Limited (RM157.8 million).
