Trinidad Cement Limited
Annual Report 2012
80
Notes to the Consolidated Financial Statements (continued)
For the year ended 31 December, 2012
(Expressed in Thousands of Trinidad and Tobago Dollars, except where otherwise stated)
25. Financial information by segment
The Group is organised and managed on the basis of the main product lines provided which are cement, concrete and
packaging. Management records and monitors the operating results of each of the business units separately for the
purpose of making decisions about resource allocations and performance assessment.Transfer pricing between operating
segments is on an arm’s length basis.
25.1 Operating segment information
Consolidation
Cement
Concrete
Packaging adjustments
Total
2012
$
$
$
$
$
Total revenue
1,744,067
136,528
79,347
–
1,959,942
Inter-segment revenue
(271,510)
–
(72,544)
–
(344,054)
Third party revenue
1,472,557
136,528
6,803
–
1,615,888
Depreciation and impairment
235,679
6,100
1,760
(5,501)
238,038
(Loss)/profit before tax
(609,246)
(7,819)
5,546
232,850
(378,669)
Segment assets
4,433,106
162,284
111,439
(919,016)
3,787,813
Segment liabilities
3,870,166
67,983
36,343
(971,378)
3,003,114
Capital expenditure
64,778
12,310
825
–
77,913
2011
Total revenue
1,691,382
116,242
91,036
–
1,898,660
Inter-segment revenue
(257,287)
–
(80,513)
–
(337,800)
Third party revenue
1,434,095
116,242
10,523
–
1,560,860
Depreciation and impairment
245,367
8,543
2,159
(5,704)
250,365
(Loss)/profit before tax
(502,869)
(425)
8,901
46,552
(447,841)
Segment assets
4,562,639
162,144
114,463
(886,201)
3,953,045
Segment liabilities
3,406,799
60,825
36,365
(719,075)
2,784,914
Capital expenditure
38,484
1,856
381
–
40,721
25.2. Geographical segment information
Additions
Additions
Non-
Non-
property
property
current
current
plant and
plant and
Revenue
Revenue
assets
assets
equipment equipment
2012
2011
2012
2011
2012
2011
$
$
$
$
$
$
Trinidad and Tobago
562,753
527,131
2,085,268
2,151,947
48,060
27,297
Jamaica
482,768
499,111
450,852
585,774
10,799
7,339
Barbados
161,221
169,107
343,921
355,122
15,706
6,010
Other countries
409,146
365,511
51,427
51,540
3,348
75
Group total
1,615,888
1,560,860
2,931,468
3,144,383
77,913
40,721
The revenue information above represents third party revenue based on the location of the customers’ operations.
Other countries include Guyana, the OECS islands and Brazil.
