181 Annual Report 2024 29. Segment information For management purpose, the Group is organised into three operating segments based on their geographical locations, namely Asia Pacific, Americas and Europe/Middle East. The geographical segments are independently managed by the respective segment managers responsible for the performance of the respective segments under their charge. The segment managers report directly to the management of the Company who regularly review the segment results in order to allocate resources to the segments and to assess the segment performance. Geographical information The following table presents revenue, adjusted earnings before interest, taxes, depreciation and amortisation information regarding geographical segments for the years ended 31 December 2024 and 2023: Asia Pacific Americas Europe/Middle East Consolidated 2024 2023 2024 2023 2024 2023 2024 2023 $’000 $’000 $’000 $’000 $’000 $’000 $’000 $’000 Sales to external customers 292,637 268,897 546,337 434,630 22,199 21,524 861,173 725,051 Earnings before interest, taxes, depreciation and amortisation 40,030 40,940 38,990 19,299 3,162 3,397 82,182 63,636 The following table presents non-current assets information based on the geographical location as at 31 December 2024 and 2023: Asia Pacific Americas Europe/Middle East Consolidated 2024 2023 2024 2023 2024 2023 2024 2023 $’000 $’000 $’000 $’000 $’000 $’000 $’000 $’000 Non-current assets * 68,292 62,969 83,983 91,492 9,201 9,308 161,476 163,769 * Non-current assets relate to property, plant and equipment and intangible assets. Business segment information The following table presents revenue, adjusted earnings before interest, taxes, depreciation and amortisation information regarding business segments for the years ended 31 December 2024 and 2023: Electrification Communications Automation Consolidated 2024 2023 2024 2023 2024 2023 2024 2023 $’000 $’000 $’000 $’000 $’000 $’000 $’000 $’000 Sales to external customers 434,778 334,548 232,036 220,532 194,359 169,971 861,173 725,051 Earnings before interest, taxes, depreciation and amortisation 42,724 29,662 25,649 27,816 13,809 6,158 82,182 63,636 NOTES TO THE FINANCIAL STATEMENTS For the financial year ended 31 December 2024
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