Interim Report 2023

38 CHINA MERCHANTS PORT HOLDINGS COMPANY LIMITED Notes to the Condensed Consolidated Interim Financial Information For the six months ended 30 June 2023 6. SEGMENT INFORMATION (CONTINUED) Each of the segments under ports operation includes the operations of a number of ports in various locations within the geographic locations. For the purpose of segment reporting, these individual operating segments have been aggregated into reporting segments on geographic basis as these individual operating segments have similar economic characteristics, and they present a more systematic and structured segment information. To give details of each of the operating segments, in the opinion of the directors of the Company, would result in particulars of excessive length. Bonded logistics operation and other operations include a number of different operations, each of which is considered as a separate but insignificant operating segment by the CODM. For segment reporting, these individual operating segments have been aggregated according to the natures of their operations to give rise to more meaningful presentation. There are no material sales or other transactions between the segments. The Group’s revenue by geographical areas of operations and information about its non-current assets other than other financial assets and deferred tax assets presented based on the geographical areas in which the assets are located are as follows: Revenue Six months ended 30 June Non-current assets 30 June 31 December 2023 2022 2023 2022 HK$’million HK$’million HK$’million HK$’million Mainland China, Hong Kong and Taiwan 3,425 4,233 95,310 102,221 Brazil 854 835 9,411 8,695 Other locations 1,526 1,440 38,572 37,527 5,805 6,508 143,293 148,443