Vtech 2008 Annual Report Download - page 38

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NOTES TO THE FINANCIAL STATEMENTS
VTech Holdings Ltd Annual Report 2008
36
1 SEGMENT INFORMATION
Revenue represents turnover of the Group derived from the amounts received and receivable for sale of goods and rendering of
services to third parties.
The principal activity of the Group is the design, manufacture and distribution of consumer electronics products. The directors
consider that these activities constitute one business segment since these activities are related and are subject to common risks and
returns.
Segment information by geographical market is presented below:
Although the Group’s business segments are managed on a worldwide basis, they principally operate in the following geographical
areas:
North America – the operations are principally the sale and distribution of telecommunication and electronic products.
Europe – the operations are principally the sale and distribution of telecommunication and electronic products.
Asia Paci c – the Group is headquartered in the Hong Kong Special Administrative Region (“Hong Kong SAR”) and the Group’s
principal manufacturing operations are located in mainland China.
Year ended 31st March 2008
North
America Europe Asia Paci c Others Total
US$ million US$ million US$ million US$ million US$ million
i Revenue 868.2 590.0 56.1 37.7 1,552.0
Operating pro t 113.3 96.7 10.5 8.4 228.9
ii Total assets 128.6 119.1 525.2 1.7 774.6
Total liabilities 52.0 41.7 228.2 0.4 322.3
iii Capital expenditure 0.9 0.4 45.8 – 47.1
Depreciation 1.5 1.0 26.5 – 29.0
Amortisation of leasehold land payments – – 0.1 – 0.1
Other non-cash expenses 5.9 2.1 5.0 0.4 13.4
Year ended 31st March 2007
North
America Europe Asia Paci c Others Total
US$ million US$ million US$ million US$ million US$ million
i Revenue 880.9 499.8 51.4 31.7 1,463.8
Operating pro t 105.3 75.5 6.1 7.1 194.0
ii Total assets 134.0 81.5 446.6 1.3 663.4
Total liabilities 66.5 35.1 215.8 2.7 320.1
iii Capital expenditure 1.3 0.7 35.2 – 37.2
Depreciation 1.6 0.8 21.8 – 24.2
Amortisation of leasehold land payments – – 0.1 – 0.1
Other non-cash expenses 7.8 3.6 12.4 – 23.8