ANNUAL REPORT 2025 157 NOTES TO THE FINANCIAL STATEMENTS 4 Revenue and other income and segment information (Continued) (b) Segment information The chief operating decision maker has been determined to be the executive committee of HPH Trust (the “Executive Committee”). The Executive Committee reviews the internal reporting in order to assess performance and allocate resources. Management has determined the operating segments based on these reports. HPH Trust is principally engaged in investing in, developing, operating and managing deep-water container ports and port ancillary services and therefore management considers that HPH Trust operates in one single business segment at two geographical locations. Revenue is recognised over time and disclosures by geographical location are shown below: Revenue and other income Non-current assets* 2025 2024 2025 2024 HK$’000 HK$’000 HK$’000 HK$’000 Hong Kong 2,245,915 2,476,584 17,074,603 17,841,394 Chinese Mainland 9,617,078 9,090,685 50,392,921 51,607,864 11,862,993 11,567,269 67,467,524 69,449,258 * Exclude fi nancial instruments, deferred tax assets and pension assets 5 Operating profi t Operating profi t is stated after crediting and charging the following: 2025 2024 HK$’000 HK$’000 Crediting Dividend income from River Ports Economic Benefi ts (Note 17) 7,352 9,357 Net gain on disposal of fi xed assets 3,865 4,124 Net exchange gain 10,347 – Charging Auditor’s remuneration - audit services 17,661 17,353 - non-audit services 1,035 1,053 Amortisation - leasehold land and land use rights 1,262,863 1,289,476 - railway usage rights 488 486 - customer relationships 334,206 334,206 Depreciation of fi xed assets 1,169,740 1,188,933 Depreciation of right-of-use assets within fi xed assets 10,691 11,262 Short-term lease costs for - offi ce premises and port facilities 62,272 53,701 Staff costs (including amount charged within cost of services rendered) - Wages, salaries and other benefi ts 1,288,655 1,281,975 - Pension costs 116,352 108,398 Net exchange loss – 7,124
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