Annual Report 2021

196 Transport International Holdings Limited 2021 Annual Report NOTES TO THE FINANCIAL STATEMENTS (Expressed in Hong Kong dollars unless otherwise indicated) 12 Segment reporting (continued) (a) Segment results, assets and liabilities (continued) Information regarding the Group’s reportable segments for the years ended 31 December 2021 and 2020 is set out below. Franchised bus operation Property holdings and development All other segments Total 2021 2020 2021 2020 2021 2020 2021 2020 $’000 $’000 $’000 $’000 $’000 $’000 $’000 $’000 Revenue from external customers 6,940,074 5,909,703 49,337 72,847 212,597 208,330 7,202,008 6,190,880 Inter-segment revenue 782 14,308 5,477 5,759 3,178 8,366 9,437 28,433 Reportable segment revenue 6,940,856 5,924,011 54,814 78,606 215,775 216,696 7,211,445 6,219,313 Reportable segment profit 65,852 203,285 48,103 1,548,289 22,415 47,310 136,370 1,798,884 Interest income 28 421 – – 37 – 65 421 Interest expense (14,350) (26,933) – – – – (14,350) (26,933) Depreciation (972,112) (944,057) (7,053) (6,744) (38,996) (42,218) (1,018,161) (993,019) Staff costs (3,951,690) (4,233,612) – – (91,838) (95,921) (4,043,528) (4,329,533) Share of profits of associates – – – – 19,635 6,525 19,635 6,525 Share of profit of joint venture – – 8,252 35 – – 8,252 35 Gain on disposal of a subsidiary (note 35) – – – 1,495,548 – – – 1,495,548 Income tax (expense)/credit (14,142) 195,651 (7,719) (10,213) (5,188) (3,480) (27,049) 181,958 Reportable segment assets 10,931,735 10,475,512 4,698,759 3,867,664 1,847,096 1,782,501 17,477,590 16,125,677 – including interest in associates – – – – 681,749 656,610 681,749 656,610 – including interest in joint venture – – 750,799 750,547 – – 750,799 750,547 Additions to non-current segment assets during the year 1,177,921 1,312,179 840,027 474,769 26,363 7,688 2,044,311 1,794,636 Reportable segment liabilities 4,381,960 4,380,771 1,758,496 1,611,224 83,013 87,499 6,223,469 6,079,494