Notes to and forming part of the consolidated financial
statements for the year ended 30 June 2010
Note 41. Operating segments (continued)
Australia Middle
a nd New Ea st and              Zealand    Americas AsiaT otal
Segment Revenue $’000 $’000 $’000 $’000
Revenue from wholly-owned entities
2010 2,117,175 961,251 72,528 3,150,954
2009 2,106,829 1,182,018 109,730 3,398,577
Share of profits from joint ventures
2010 34,000 22,281 6,710 62,991
2009 36,972 19,494 3,612 60,078
Total Services segment revenue
2010 2,151,175 983,532 79,238 3,213,945
2009 2,143,801 1,201,512 113,342 3,458,655
TSI Fund
2010 9,269
2009 12,3431
Consolidated Segment Revenue
2010 3,223,214
2009 3,470,998
Segment Result (EBITA)
2010 107,365 48,101 4,735 160,201
2009 106,928 67,202 8,161 182,291
Unallocated corporate overheads
2010 (13,411)
2009 (13,843)
Total Services EBITA
2010 146,790
2009 168,448
TSI Fund
2010 9,269
2009 12,3431
Consolidated Segment EBITA
2010 156,059
2009 180,791
2010 2009
$’000 $’000)
Reconciliation to statutory revenue
Segment revenue 3,223,214 3,470,998
Less: normalisation adjustment to TSI Fund share of profits (losses associated with
TSI Fund capital structure review) (22,906) -
Less: share of net profits of associates and joint venture entities and partnerships (49,353) (72,012)
Less: other income (14,278) (11,005)
Revenue from ordinary activities 3,136,677 3,387,981
Reconciliation to statutory net profit
Segment result 156,059 180,791
Less: normalisation adjustment to TSI Fund share of profits (losses associated with
TSI Fund capital structure review) (22,906) -
Less: impairment loss - (171,692)
Amortisation (27,765) (31,820)
Finance cost (27,823) (44,920)
Finance income 1,690 3,218
Profit before income tax 79,255 (64,423)
Income tax (expense) / benefit (5,699) 9,933
Profit / (loss) from continuing operations after income tax expense 73,556 (54,490)
1. Includes share of profits from TSI Fund and dilution gain.