The
statement of operations of the divested entities from the start of the year up to before divestiture are as follows:
Schedule
of divested entities
| | |
US$‘M | |
| Revenue | |
| 5.6 | |
| Cost of revenue | |
| (4.5 | ) |
| Gross profit | |
| 1.1 | |
| | |
| | |
| General and administrative expenses | |
| (3.7 | ) |
| Loss from operations | |
| (2.6 | ) |
| | |
| | |
| Finance costs, net | |
| (1.8 | ) |
| Other income | |
| (5.5 | ) |
| Loss before income tax | |
| (9.9 | ) |
| Income tax expense | |
| - | |
| Net loss | |
| (9.9 | ) |
The
major classes of assets and liabilities divested of are as follows:
| | |
Assets/(Liabilities) | |
| | |
US$‘M | |
| Assets | |
| | |
| Intangible assets | |
| - | |
| Deposits, prepayments and other receivables | |
| 1.2 | |
| Restricted cash | |
| 4.6 | |
| Amount due to related companies | |
| 19.7 | |
| Other assets | |
| 2.1 | |
| | |
| | |
| Liabilities | |
| | |
| Loan | |
| (7.4 | ) |
| Accruals and other payables | |
| (3.6 | ) |
| Client Money Payable | |
| (4.2 | ) |
| Amount due to related companies | |
| (31.8 | ) |
| Other liabilities | |
| (1.0 | ) |
| Assets/(Liabilities) | |
| (20.4 | ) |
|