47 ―
4. Segment information continued
INTER– SEGMENT $M
GAS TRADING $M
REGULATED NETWORKS $M
TOTAL $M
METERING $M
2020
External revenue: Sales
656.9
256.4
203.9
– – –
1,117.2
85.7 15.6
– – –
– –
85.7 15.6
Third party contributions
Other
2.7
1.3
(4.0) (4.0)
–
Intersegment revenue
Segment revenue
760.9
256.4
205.2
1,218.5
External expenses: Electricity transmission expenses
(200.8)
–
– –
– – – – – –
(200.8) (153.2)
– –
(153.2)
Gas purchases and production expenses
–
(25.2)
(25.2) (91.3) (40.1) (95.9)
Metering services cost of sales Network and asset maintenance
(68.4) (18.9) (49.5)
(13.8) (13.8) (37.7)
(9.1) (7.4) (8.7)
Employee benef it expenses
Other expenses
–
(4.0)
–
4.0 4.0
–
Intersegment expenses
Segment operating expenses
(337.6)
(222.5)
(50.4)
(606.5)
Segment EBITDA
423.3
33.9
154.8
– – – –
612.0
–
0.5
–
0.5
Gain from sale of Kapuni gas interests
(131.2)
(14.9)
(81.3)
(227.4)
Depreciation and amortisation
Segment profit/(loss)
292.1
19.5
73.5
385.1
Segment capital expenditure
317.1
8.2
133.3
–
458.6
PROFIT/(LOSS) BEFORE INCOME TAX $M
Reconciliation to revenue, profit/(loss) before income tax and capital expenditure reported in the financial statements: 2020
CAPITAL EXPENDITURE $M
REVENUE $M
Reported in segment information Amounts not allocated to segments: Revenue
1,218.5
385.1
458.6
74.8
74.8
–
0.7
0.7
Third party contributions
– – – – – – – – –
(32.0) (54.2) (66.9)
– – – – – – – –
Impairment (refer to note 10.1) Employee benef it expenses Other operating expenses
10.0
Elimination of transactions with segments
(35.4)
Depreciation and amortisation
(126.5)
Interest costs (net)
(3.4)
Fair value change on f inancial instruments
0.3
Associates (share of net prof it/(loss))
–
30.1
Capital expenditure
Reported in the financial statements
1,294.0
152.5
488.7
Notes to the Financial Statements
Made with FlippingBook Learn more on our blog