Annual Report 2019

184 Transport International Holdings Limited 2019 Annual Report Notes to the Financial Statements (Expressed in Hong Kong dollars unless otherwise indicated) 12 Segment reporting (continued) (c) Geographic information Substantially all of the Group’s revenue from external customers, based on the location at which the services were provided, is generated in Hong Kong. The following table sets out information about the geographical location of the Group’s investment properties, investment property under development, interest in leasehold land and other property, plant and equipment, intangible assets, goodwill and interest in associates (“specified non-current assets”). The geographical location of the specified non-current assets is based on the physical location of the asset in the case of investment properties, investment property under development, interest in leasehold land and other property, plant and equipment. It is based on the location of the operation to which they are allocated in the case of intangible assets and goodwill, and on the location of operations in the case of interest in associates. Specified non-current assets 2019 2018 (Note) $’ 000 $’ 000 Hong Kong 10,432,033 10,112,030 The PRC 778,279 784,092 11,210,312 10,896,122 Note: The Group has initially applied HKFRS 16 at 1 January 2019 using the modified retrospective approach. Under this approach, comparative information is not restated. See note 1(c).

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