A liability is classified as current when it satisfies any of the following criteria:
* it is expected to be settled in, the entity’s normal operating cycle;
e itis held primarily for the purpose of being traded;

¢ it is due to be settled within twelve months after the Restated Consolidated Statement of Assets and
Liabilities date; or

¢ we do not have an unconditional right to defer settlement of the liability for at 12 twelve months after
the balance sheet date.

All other liabilities are classified as non-current.
Operating cycle
Operating cycle is the time between the acquisition of assets for processing and their realization in cash or cash
equivalents. Based on the nature of services and the time between the acquisition of assets for processing and
their realization in cash and cash equivalents, we have ascertained our operating cycle as 12 months for the
purpose of current and non-current classification of assets and liabilities.
Segment Information
Our financial statements are prepared and presented in three business segments:

e Payment Solutions, which includes ATM and CRM outsourcing and managed services, cash

management services, iCDs and digital payment services which include toll and transit solutions,

Fastlane, transaction switching services, services through POS machines and agency banking;

e Banking Automation Solutions, which comprises sale of ATM machines and cash recyclers, currency
technology products and self-service terminals and related services and upgrades; and

¢ Other Automation Solutions, which comprises sale of machines and related services to customers in the
retail, petroleum and colour sectors.

Our restated consolidated segment-wise total revenue net of inter-segment revenue and results are presented
below for the five months ended August 31, 2021 and the financial years 2021, 2020 and 2019:

 

 

 

 

 

 

 

 

 

 

 

 

Pyne santa Banking Automation Other Automation nen
Solutions Solutions
eat oo Rin % of Total | ein % of Total | i % of Total | tin % of Total
millions | Revenue Revenue | millions | Revenue | millions | Revenue
from from from from
Operations Operations Operations Operations
Five months ended | Total Revenue 5,613.11 745 | 1,040.85 13.8 880.04 1L7 | 7,534.00 100.0
August 31, 2021 Segment Results 1,023.23 13.6 381.73 5.1 41.91 0.6 [1,446.87 19.2
Financial Year 2021 |_botal Revenue 13,505.83 76.8 | 1,598.35 9.1 [2,485.26 14.1 [17,589.44 100.0
Segment Results 2,998.75, 17.0 132.63 08 118.15 0.7 -[ 3,249.53 18.5
Financial Year 2020 |_2otal Revenue 13,784.30 76.6 | 2,108.72 m7 [iar iL7 | 18,004.43 100.0
Segment Results 3,290.06, 16.3 250.96 14 70.76 04 | 3,611.78 20.1
Financial Year 2019 |_2otal Revenue 12,778.15 70.8 | 2,460.98 13.6 [2,618.29 15.6 | 18,057.42 100.0
Segment Results 2,749.44 15.2 293.24 16 218.74 12 [3,261.42 18.1

 

 

 

 

 

 

 

 

 

 

Revenue and Expenses
Revenue. Our total revenue consists of revenue from operations and other income.

Revenue from Operations. Revenue from operations comprises revenues from the sale of products, the sale of
manufactured goods and revenue from services.

Sale of products comprises sale of traded goods comprising the following automation products:

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