|
REVENUE FROM CONTRACTS WITH CUSTOMERS
The group derives revenue over time, with the exception of food and beverage revenue which is recognised at a point in
time, together with its hotel customer reward programmes in terms of which revenue is recognised as the rewards are
redeemed or they expire. The group has no contract assets. The table below presents revenue by segment which
excludes other income as these are accounted for under different accounting policies, which are included in the segmental
analysis. Disaggregation of revenue from contracts with customers for the period under review:
|
|
Rooms revenue
recognised over
time |
Food and
beverage
recognised at
a point in time |
Other revenue
recognised over
time |
|
Revenue from
external
customers |
|
|
2019
Rm |
2019
Rm |
2019
Rm |
|
2019
Rm |
| Internally managed |
|
2 429 |
|
2 346 |
901 |
|
814 |
168 |
|
165 |
|
3 498 |
|
3 325 |
| Coastal |
|
1 337 |
|
1 356 |
478 |
|
476 |
70 |
|
75 |
|
1 885 |
|
1 907 |
| Inland |
|
903 |
|
788 |
372 |
|
296 |
69 |
|
66 |
|
1 344 |
|
1 150 |
| Other income |
|
189 |
|
202 |
51 |
|
42 |
29 |
|
24 |
|
269 |
|
268 |
| Manco |
|
|
|
|
|
|
|
83 |
|
108 |
|
83 |
|
108 |
| Offshore |
|
362 |
|
386 |
162 |
|
176 |
39 |
|
37 |
|
563 |
|
599 |
| Total |
|
2 791 |
|
2 732 |
1 063 |
|
990 |
290 |
|
310 |
|
4 144 |
|
4 032 |
| Reconciliation to segmental analysis in note 6: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Revenue from contracts with customers per above |
|
|
|
|
|
|
|
|
|
|
|
4 144 |
|
4 032 |
| Property rental income |
|
|
|
|
|
|
|
|
|
|
|
331 |
|
357 |
Rates and taxes offset against rental income for segmental analysis purposes
|
|
|
|
|
|
|
|
|
|
|
|
(12) |
|
(10) |
| Total income per segmental analysis |
|
|
|
|
|
|
|
|
|
|
|
4 463 |
|
4 379 |
|
|
2019
Rm |
| Other revenue is made up as follows: |
|
|
|
|
| Management fees revenue |
|
102 |
|
122 |
| Parking revenue |
|
16 |
|
15 |
| Venue hire revenue |
|
50 |
|
52 |
| Packaged food |
|
30 |
|
31 |
| Non-arrival charges |
|
13 |
|
13 |
| Other sundry revenue |
|
79 |
|
77 |
| Other revenue |
|
290 |
|
310 |
|
