― 48
4. Segment information continued
INTER– SEGMENT $M
GAS TRADING $M
REGULATED NETWORKS $M
TOTAL $M
METERING $M
2019 (RESTATED)
External revenue: Sales
676.8
284.1
186.9
– – –
1,147.8
Third party contributions
79.0
– – –
– –
79.0
Other
8.8 3.0
8.8
Intersegment revenue
1.5
(4.5) (4.5)
–
Segment revenue
767.6
284.1
188.4
1,235.6
External expenses: Electricity transmission expenses
(209.6)
–
– –
– – – – – –
(209.6) (179.2)
Gas purchases and production expenses
– –
(179.2)
Metering services cost of sales Network and asset maintenance
–
(22.8)
(22.8) (86.7) (39.4) (81.9)
(60.6) (16.3) (35.1)
(17.1) (13.6) (38.4)
(9.0) (9.5) (8.4)
Employee benef it expenses
Other expenses
Intersegment expenses
–
(4.5)
–
4.5 4.5
–
Segment operating expenses
(321.6)
(252.8)
(49.7)
(619.6)
Segment EBITDA
446.0
31.3
138.7
– – – –
616.0
Depreciation and amortisation
(122.4)
(15.6)
(72.0)
(210.0)
Segment profit/(loss)
323.6 260.9
15.7 11.8
66.7
406.0 393.9
Segment capital expenditure
121.2
PROFIT/(LOSS) BEFORE INCOME TAX $M
Reconciliation to revenue, profit/(loss) before income tax and capital expenditure reported in the financial statements: 2019 (RESTATED)
CAPITAL EXPENDITURE $M
REVENUE $M
Reported in segment information Amounts not allocated to segments: Revenue
1,235.6
406.0
393.9
82.7
82.7
–
Third party contributions
0.3
0.3
Impairment (refer to note 10.1) Employee benef it expenses Other operating expenses
– – – – – – – – –
(46.6) (59.6) (78.1)
– – – – – – – –
Elimination of transactions with segments
3.8
Depreciation and amortisation
(36.8)
Interest costs (net)
(133.3)
Fair value change on f inancial instruments
(2.5)
Associates (share of net prof it/(loss))
0.6
Capital expenditure
–
31.2
Reported in the financial statements
1,318.6
136.5
425.1
THE INTERPLAY OF TODAY AND TOMORROW
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