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113
Glorious Property
Annual Report 2011
Notes to the Consolidated Financial Statements
(Continued)
31 December 2011
5 Segment Information
(Continued)
Sales between segments are carried out in terms equivalent to those that prevail in arm’s length transactions. The
revenue from external parties reported to the Board is measured in a manner consistent with that in the consolidated
statement of comprehensive income.
RMB’000
Shanghai
Region
Yangtze
River Delta
(excluding
Shanghai)
Pan Bohai
Rim
Northeast
China
Others
Total
Year ended 31 December 2011
Total revenue
4,872,900 1,496,586 662,161 2,565,982
— 9,597,629
Inter-segment revenue
(12,186)
— — — — (12,186)
Revenue (from external customers)
4,860,714 1,496,586 662,161 2,565,982
— 9,585,443
Segment results
2,347,184
68,757 118,799 766,093 (52,447) 3,248,386
Depreciation and amortisation
(9,915)
(3,613)
(3,325)
(2,069)
(1,375)
(20,297)
Fair value changes
of investment properties
477,620
— 42,335 157,181
— 677,136
Interest income
49,308
79,085
1,043
1,573
14,457 145,466
Finance costs
(427)
(1,352)
(193)
(519)
(35)
(2,526)
Income tax expenses
(1,298,483)
(55,664)
(50,109)
(407,688)
— (1,811,944)
Year ended 31 December 2010
Total revenue
3,867,240 249,370 1,900,206 1,310,163
— 7,326,979
Inter-segment revenue
(212,954)
— — — — (212,954)
Revenue (from external customers)
3,654,286 249,370 1,900,206 1,310,163
— 7,114,025
Segment results
2,257,301
(5,263)
684,981 245,278 (387,449) 2,794,848
Depreciation and amortisation
(6,625)
(1,704)
(2,663)
(749)
(480)
(12,221)
Fair value changes
of investment properties
2,452,402
— — — — 2,452,402
Grant income
— — — — 665,160 665,160
Interest income
85,409
3,497
3,154
1,921
5,577
99,558
Finance costs
(2,430)
(672)
(447)
(171)
(30)
(3,750)
Income tax expenses
(1,858,220)
294 (253,368)
(75,867)
(166,290) (2,353,451)