Annual Report 2021

CHINA MERCHANTS PORT HOLDINGS COMPANY LIMITED 126 Notes to the Consolidated Financial Statements For the year ended 31 December 2021 5. SEGMENT INFORMATION The key management team of the Company is regarded as the CODM, who reviews the Group’s internal reports in order to assess performance, allocate resources and determine the operating segments. The CODM manages the Group’s operations by divisions from both business and geographic perspectives. Individual operating segments for which discrete financial information is available are identified by the CODM and are operated by their respective management teams. These individual operating segments are aggregated in arriving at the reporting segments of the Group. From business and financial perspectives, management assesses the performance of the Group’s business operations including ports operation, bonded logistics operation and other operations. (i) Ports operation includes container terminal operation, bulk and general cargo terminal operation operated by the Group and its associates and joint ventures. The Group’s ports operation are presented as follows: (a) Mainland China, Hong Kong and Taiwan ‧ Pearl River Delta ‧ Yangtze River Delta ‧ Bohai Rim ‧ Others (b) Other locations outside of Mainland China, Hong Kong and Taiwan (ii) Bonded logistics operation includes logistic park operation, ports transportation and airport cargo handling operated by the Group and its associates and joint ventures. (iii) Other operations mainly include property development and investment and logistics operation operated by the Group’s associates, property investment operated by the Group and corporate function.