Investor Presentaiton
HKAS 1.51(a)
HKAS 1.49
HKAS 1.138(b)
HKFRS 15.114
(ii)
HK Listco Ltd
Financial statements for the year ended 31 December 2023
Warranty provisions
As explained in note 31, the group makes provisions under the warranties it gives on sale of its
electronic products taking into account the group's recent claim experience. As the group is
continually upgrading its product designs and launching new models it is possible that the recent claim
experience is not indicative of future claims that it will receive in respect of past sales. Any increase or
decrease in the provision would affect profit or loss in future years.
3
REVENUE AND SEGMENT REPORTING 113
(a)
Revenue 114
(i)
The principal activities of the group are the manufacturing and sale of electronic products, property
development, property investment and carrying out construction activities for others. Further details
regarding the group's principal activities are disclosed in note 3(b).
Disaggregation of revenue 114, 115
Disaggregation of revenue from contracts with customers by major products or service lines is as
follows:
HKFRS 15.113(a)
Revenue from contracts with customers within the scope
of HKFRS 15116
HKFRS 8.32
Disaggregated by major products or service lines
Sales of electronic products
Sales of completed properties
Revenue from construction contracts
2023
2022
$'000
$'000
945,776
840,437
105,192
120,766
25,392
1,076,360
17,826
979,029
HKFRS 15.113(a)
Revenue from other sources 116
HKAS 40.75(f)(i)
Gross rentals from investment properties
HKFRS 16.90(b)
Lease payments that are fixed or depend on an index or a rate
Variable lease payments that do not depend on an index or a rate
6,200
4,400
2,335
1,811
8,535
6,211
1,084,895
985,240
HKFRS 8.3
113 HKFRS 8 applies primarily to entities whose debt or equity securities are listed or quoted in a public market. Entities that fall outside the
scope of HKFRS 8 may provide information about segments on a voluntary basis. However, if this information does not comply fully with
HKFRS 8, then, as per paragraph 3 of HKFRS 8, this information should not be described as "segment information". In this illustration, HK
Listco has included the information on its products and services and major customers in note 3(a) "Revenue" (see footnote 114) and the
other segmental disclosures in note 3(b) "Segment reporting". Other approaches to disclosing this information are acceptable provided
they meet the basic disclosure requirement of paragraph 113 of HKAS 1, to present notes in a systematic manner.
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