28 / 49
KUWAIT ENERGY PLC
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
For the six months ended 30 June 2016
27
5. SEGMENTAL INFORMATION (CONTINUED)
The following is an analysis of the Group’s revenue and results by reportable segments:
Egypt
Iraq
Yemen
Others
Total
US$ 000’s US$ 000’s
US$ 000’s
US$ 000’s
US$ 000’s
30 June 2016 (Audited)
Segment revenues
50,455
14,364
-
-
64,819
Segment operating profit/(loss)
1,856
4,332
(2,722)
(3,015)
451
Share of results of Joint Venture
-
-
-
(628)
(628)
Fair value loss on convertible loans
(7,362)
Other income
835
Foreign exchange loss
(57)
Finance costs
(4,650)
Loss before tax
(11,411)
Taxation credit
222
Loss for the period
(11,189)
Segment assets
266,235
457,015
79,368
49,380
851,998
E&E assets
10,710
-
21,583
-
32,293
PP&E
186,214
435,642
45,762
1,160
668,778
Segment liabilities
36,707
63,435
22,372
385,587
508,101
Other information:
Additions to E&E
1,451
-
712
-
2,163
Additions to PP&E
7,328
71,244
(3)
-
78,569
Depreciation, Depletion and
Amortisation
26,391
7,069
-
375
33,835