NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2022 (CURRENCY - SINGAPORE DOLLARS UNLESS OTHERWISE STATED) B1 Segment information (continued) Analysis by country of incorporation Revenue is based on the country of incorporation regardless of where the goods are produced or services rendered. Non-current assets, excluding derivative financial instruments, post-employment benefits and deferred tax assets, are based on the location of those assets. Revenue Non-current assets 2022 $’000 2021 $’000 2022 $’000 2021 $’000 Asia 5,219,845 4,839,875 1,979,057 1,963,235 U.S. 2,852,309 2,126,761 4,788,762 1,620,948 Europe 899,513 684,778 1,758,155 1,263,520 Others 63,436 41,451 95,598 99,437 9,035,103 7,692,865 8,621,572 4,947,140 For the year ended 31 December 2022: • Within Europe, revenue of approximately $614,447,000 (2021: $451,649,000) was from subsidiaries located in Germany. • Within Asia, most of the revenue was from subsidiaries located in Singapore. • The remaining revenue from subsidiaries in Asia, Europe and Others was individually insignificant. As at 31 December 2022: • Within Europe, non-current assets of approximately $618,701,000 (2021: $704,005,000) and $724,477,000 (2021: $149,005,000) were from subsidiaries located in Germany and Ireland respectively. • Within Asia, most of the non-current assets were from subsidiaries located in Singapore. • The remaining non-current assets located in Asia, Europe and Others were individually insignificant. CORPORATE OVERVIEW PERFORMANCE REVIEW SUSTAINABILITY FINANCIAL REPORT 147
RkJQdWJsaXNoZXIy NjMyNDM=