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Cathay Pacific Airways Limited Interim Report 2013 33
Condensed Financial Statements
Notes to the Accounts
4. Segment information (continued)
The Group’s two reportable segments are classified according to the nature of the business. The
airline business segment comprises the Group’s passenger and cargo operations. The non-airline
business segment includes mainly catering, ground handling, aircraft ramp handling services
and cargo terminal operations. The unallocated results represent the Group’s share of losses
ofassociates.
The major revenue earning asset is the aircraft fleet which is used both for passenger and cargo
services. Management considers that there is no suitable basis for allocating such assets and
related operating costs between the two services. Accordingly, passenger and cargo services are
not disclosed as separate business segments.
Inter-segment sales are based on prices set on an arm’s length basis.
(b) Geographical information
Six months ended 30th June
2013
HK$M
2012
HK$M
Turnover by origin of sale:
North Asia
– Hong Kong and Mainland China 22,499 21,366
– Japan, Korea and Taiwan 5,560 6,384
India, Middle East, Pakistan and Sri Lanka 2,506 2,268
Southwest Pacific and South Africa 3,284 3,494
Southeast Asia 3,927 3,956
Europe 4,301 4,415
North America 6,507 6,978
48,584 48,861
India, Middle East, Pakistan and Sri Lanka includes the Indian sub-continent, the Middle East,
Pakistan, SriLanka and Bangladesh. Southeast Asia includes Singapore, Indonesia, Malaysia,
Thailand, the Philippines, Vietnam and Cambodia. Southwest Pacific and South Africa includes
Australia, New Zealand and Southern Africa. Europe includes continental Europe, the United
Kingdom, Scandinavia, Russia, the Baltic states and Turkey. North America includes U.S.A., Canada
and Latin America. A geographic analysis of segment results is not disclosed for the reasons set
out in the 2012 Annual Report.