35. SEGMENT INFORMATION (CONTINUED) Buildings and construction Property development Investment property Investment holding Elimination Total $’000 $’000 $’000 $’000 $’000 $’000 (Restated) (Restated) (Restated) (Restated) (Restated) (Restated) Group 2023 Revenue External revenue 199,248 – 541 – – 199,789 Inter-segment sales – 481 – – (481) – 199,248 481 541 – (481) 199,789 Loss from operations Share of results from joint ventures, net of tax – 300 – – – 300 Share of results from associates, net of tax – (8,362) – – – (8,362) Interest income 6,264 – – 485 – 6,749 Interest expenses (1,288) – (33) (2,772) – (4,093) Impairment loss on investment of an associate – (8,532) – – – (8,532) Depreciation and amortisation (5,057) – (166) – – (5,223) Reportable segment (loss)/profit before income tax (34,358) (16,193) 6,646 (6,743) – (50,648) Income tax credit/(expense) 331 – (899) – – (568) Net (loss)/profit for the financial year after tax (34,027) (16,193) 5,747 (6,743) – (51,216) Other information: Additions to non-current assets 310 – – – – 310 Investments in joint ventures – 6,181 – – – 6,181 Investments in associates – 46,105 – – – 46,105 Segment assets 122,216 49,164 1,661 7,923 – 180,964 Segment liabilities 114,629 86 1,143 13,847 – 129,705 Group 2024 2023 $’000 $’000 (Restated) Non-current assets Singapore 46,585 72,244 Non-current assets consist of property, plant and equipment, right-of-use assets, intangible assets, investments in associates and investments in joint ventures. 127 ANNUAL REPORT 2024 NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 30 SEPTEMBER 2024
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