Annual Report 2019

FAR EAST CONSORTIUM INTERNATIONAL LIMITED 198 For the year ended 31 March 2019 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 6. SEGMENT INFORMATION The Group determines its operating segments based on internal reporting about components that are regularly reviewed by the chief operating decision makers. Information reported to the Group’s chief operating decision makers, who are the executive directors of the Company, for the purposes of resource allocation and assessment of performance is mainly focused on nature of operations by various geographical locations stated as below: – Property development (including investment properties developed and managed by the same management team) – Property investment – Hotel operations and management (including the investment properties which are an integral part of the hotel buildings and which are managed by the hotel management team) – Car park operations and facilities management – Gaming operations – Securities and financial product investments – Provision of mortgage services – Other operations, which mainly include provision of engineering services After the completion of the acquisition of Trans World Corporation (“TWC”), gaming operations became a new reportable segment. In addition, gaming operations also include the investment in The Star Entertainment Group Limited which is engaged in the gaming business in Australia and which is classified as equity instruments at FVTOCI during the year. Due to the expansion of provision of mortgage loan business which was previously presented as part of other operations, provision of mortgage services is presented as a new reportable segment in the current year. The comparative figures have been re-presented. (a) Segment revenue and results The following is an analysis of the Group’s revenue and results by reportable and operating segment. Segment revenue Segment profit (loss) 2019 2018 2019 2018 HK$’000 HK$’000 HK$’000 HK$’000 Property development – Australia 572,064 1,310,716 133,586 332,817 – Hong Kong (“HK”) 1,323,159 – 357,019 (40,461) – Malaysia 20,705 385,672 2,778 184,672 – Other regions in People’s Republic of China excluding HK (“PRC”) 743,670 1,733,112 637,132 1,108,991 – Singapore 1,150,194 – 235,694 (53,548) – United Kingdom (“UK”) 1,425 1,295 (1,583) (16,056) 3,811,217 3,430,795 1,364,626 1,516,415 Property investment – Australia 4,242 5,894 2,241 5,317 – HK 38,276 43,418 191,853 251,003 – PRC 21,572 16,361 (12,468) (20,090) 64,090 65,673 181,626 236,230