Notes to the financial statements Year ended 31 December 2024 27. OPERATING SEGMENTS (continued) Information about reportable segments Retail Malls Business Parks Logistics Parks Group 2024 2023 2024 2023 2024 2023 2024 2023 $’000 $’000 $’000 $’000 $’000 $’000 $’000 $’000 External revenue: – Gross rental income 217,544 225,922 83,730 89,198 8,661 15,785 309,935 330,905 – Others 26,554 28,904 4,627 4,580 413 357 31,594 33,841 – Gross revenue 244,098 254,826 88,357 93,778 9,074 16,142 341,529 364,746 Segment net property income 159,630 165,422 61,848 69,672 5,099 11,645 226,577 246,739 Finance income 1,545 1,831 896 1,184 232 311 2,673 3,326 Finance costs (5,468) (5,442) (2,862) (3,358) (446) (1,563) (8,776) (10,363) Reportable segment total return before taxation 112,833 147,195 44,282 59,914 (25,353) (1,326) 131,762 205,783 Segment assets 3,340,320 3,383,269 1,086,401 1,099,222 283,802 328,945 4,710,523 4,811,436 Segment liabilities 571,528 582,507 184,932 185,953 9,295 42,584 765,755 811,044 Other segment items: Depreciation and amortisation (416) (690) (241) (272) (49) (49) (706) (1,011) (Impairment losses)/Write-back on trade receivables, net (5) (97) (32) 4 – – (37) (93) Net change in fair value of investment properties and Rightof-Use assets (44,172) (20,889) (15,432) (7,321) (30,129) (11,559) (89,733) (39,769) Capital expenditure (7,809) (28,799) (3,377) (4,684) (206) 2,497 (11,392) (30,986) 146 CapitaLand China Trust
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