80
NATURAL COOL HOLDINGS LIMITED
NOTES TO
THE FINANCIAL STATEMENTS
FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2014
27 Operating segments (Continued)
Geographical information (Continued)
Revenue
Non-current
assets*
$
$
31 December 2014
Singapore
139,472,580 32,752,056
India
723,751
456,423
Malaysia
1,369,717 6,359,135
Other countries
810,866
–
142,376,914 39,567,614
31 December 2013
Singapore
147,670,286 32,134,536
India
200,886
487,182
Malaysia
5,468,321 6,785,905
Other countries
1,389,124
–
154,728,617 39,407,623
*
Exclude deferred tax assets
Major customer
Revenue from one customer of the Group’s Aircon segment represents approximately $3,405,202 (2013:
$6,398,000) of the Group’s total revenue.
28 Operating leases
Leases as lessee
Non-cancellable operating lease rentals are payable as follows:
Group
2014
2013
$
$
Within one year
6,020,639 6,586,643
Between one and five years
22,157,192 22,981,059
More than five years
3,347,559 17,431,716
31,525,390 46,999,418
The Group leases a number of warehouse and factory facilities under operating leases. The leases typically
run for a period of 1 to 10 years, with an option to renew the lease after that date. Lease payments are
usually increased upon renewal to reflect market rentals. There is no contingent rental.
