Annual Report 2019

143 Miramar Hotel and Investment Company, Limited Annual Report 2019 Notes to the Financial Statements 9 Revenue and segment reporting (Continued) (a) Segment results (continued) Information regarding the Group’s reportable segments as provided to the Group’s board and senior executive management for the purposes of resource allocation and assessment of segment performance for the years ended 31 December 2019 and 2018 is set out below. 2019 Property rental Hotels and serviced apartments Food and beverage operation Travel operation Others Total HK$’000 HK$’000 HK$’000 HK$’000 HK$’000 HK$’000 Reportable segment revenue (revenue from external customers) (Note) 913,318 559,748 243,573 1,345,065 – 3,061,704 Reportable segment results (adjusted EBITDA) 798,221 173,680 23,756 94,257 170 1,090,084 Unallocated corporate expenses (111,760) 978,324 Finance costs (3,944) Share of profits less losses of associates 129 Other non-operating net gain 2,423 Net increase in fair value of investment properties 503,945 – – – – 503,945 Consolidated profit before taxation 1,480,877