XML 56 R42.htm IDEA: XBRL DOCUMENT
v3.24.1.u1

SEGMENT INFORMATION (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2023
Disclosure of operating segments [abstract] |
Summary of Segment Information | Inter-segment revenues are eliminated upon consolidation and reflected in the “adjustments and eliminations” column. All other adjustments and eliminations are part of detailed reconciliations presented further below. 5(b) Information about reportable segments
Year ended December 31, 2023 | North Asia |  | Thailand |  | ROW |  | Total segments |  | Corporate expense adjustments and eliminations |  | Consolidated
| US$’000 |  | US$’000 |  | US$’000 |  | US$’000 |  | US$’000 |  | US$’000
Revenues |  |  |  |  |  |  |  |  |  |  |
External customers | 58,649 |  |  | 166,925 |  |  | 200,198 |  |  | 425,772 |  |  | — |  |  | 425,772 |
Inter-segment | — |  |  | 8 |  |  | — |  |  | 8 |  |  | (8) |  |  | — |
Segment operating profit/(loss) | 1,794 |  |  | (2,119) |  |  | 8,628 |  |  | 8,303 |  |  | (2,548) |  |  | 5,755 |
Depreciation and amortization (including depreciation from right of use assets) | (1,506) |  |  | (3,202) |  |  | (1,424) |  |  | (6,132) |  |  | (79) |  |  | (6,211) |
Impairment of property, plant and equipment | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Impairment loss on financial assets | (10) |  |  | (4,530) |  |  | (100) |  |  | (4,640) |  |  | — |  |  | (4,640) |
Interest income | 103 |  |  | 86 |  |  | 11 |  |  | 200 |  |  | 5 |  |  | 205 |
Interest expense | (30) |  |  | (1,590) |  |  | (775) |  |  | (2,395) |  |  | (4) |  |  | (2,399) |
Income tax (expense)/benefit | 26 |  |  | (39) |  |  | (632) |  |  | (645) |  |  | 483 |  |  | (162) |
Other disclosures |  |  |  |  |  |  |  |  |  |  |
Capital expenditure | 1,952 |  |  | 1,629 |  |  | 710 |  |  | 4,291 |  |  | 3 |  |  | 4,294 |
5(b) Information about reportable segments (continued)
Year ended December 31, 2022 | North Asia |  | Thailand |  | ROW |  | Total segments |  | Corporate expense adjustments and eliminations |  | Consolidated
| US$’000 |  | US$’000 |  | US$’000 |  | US$’000 |  | US$’000 |  | US$’000
Revenues |  |  |  |  |  |  |  |  |  |  |
External customers | 77,329 |  |  | 171,841 |  |  | 184,723 |  |  | 433,893 |  |  | — |  |  | 433,893 |
Inter-segment | — |  |  | (5) |  |  | — |  |  | (5) |  |  | 5 |  |  | — |
Segment operating profit/(loss) | 241 |  |  | 2,636 |  |  | 7,768 |  |  | 10,645 |  |  | (3,093) |  |  | 7,552 |
Depreciation and amortization (including depreciation from right of use assets) | (1,247) |  |  | (3,058) |  |  | (1,448) |  |  | (5,753) |  |  | (82) |  |  | (5,835) |
Impairment of property, plant and equipment | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Interest income | 68 |  |  | 49 |  |  | 2 |  |  | 119 |  |  | 1 |  |  | 120 |
Interest expense | (91) |  |  | (787) |  |  | (608) |  |  | (1,486) |  |  | (2) |  |  | (1,488) |
Income tax expense | (354) |  |  | (420) |  |  | (1,979) |  |  | (2,753) |  |  | (55) |  |  | (2,808) |
Other disclosures |  |  |  |  |  |  |  |  |  |  |
Capital expenditure | 1,486 |  |  | 1,780 |  |  | 541 |  |  | 3,807 |  |  | 1 |  |  | 3,808 |
5(b) Information about reportable segments (continued)
Year ended December 31, 2021 | North Asia |  | Thailand |  | ROW |  | Total segments |  | Corporate expense adjustments and eliminations |  | Consolidated
| US$’000 |  | US$’000 |  | US$’000 |  | US$’000 |  | US$’000 |  | US$’000
Revenues |  |  |  |  |  |  |  |  |  |  |
External customers | 107,032 |  |  | 197,779 |  |  | 171,848 |  |  | 476,659 |  |  | — |  |  | 476,659 |
Inter-segment | — |  |  | 7 |  |  | — |  |  | 7 |  |  | (7) |  |  | — |
Segment operating profit/(loss) | 4,523 |  |  | (13,537) |  |  | 6,690 |  |  | (2,324) |  |  | (3,009) |  |  | (5,333) |
Depreciation and amortization (including depreciation from right of use assets) | (1,074) |  |  | (2,752) |  |  | (1,566) |  |  | (5,392) |  |  | (102) |  |  | (5,494) |
Impairment of property, plant and equipment | — |  |  | (7) |  |  | — |  |  | (7) |  |  | — |  |  | (7) |
Interest income | 43 |  |  | 76 |  |  | 3 |  |  | 122 |  |  | 1 |  |  | 123 |
Interest expense | (285) |  |  | (380) |  |  | (340) |  |  | (1,005) |  |  | (92) |  |  | (1,097) |
Income tax (expense)/benefit | (2,104) |  |  | 4,223 |  |  | (1,539) |  |  | 580 |  |  | 765 |  |  | 1,345 |
Other disclosures |  |  |  |  |  |  |  |  |  |  |
Capital expenditure | 11 |  |  | 5,585 |  |  | 2,018 |  |  | 7,614 |  |  | 937 |  |  | 8,551 |
Reconciliation of segment operating profit (loss) | 5(c) Reconciliation of segment operating profit (loss)
| For the year ended December 31,
| 2023 |  | 2022 |  | 2021
| US$’000 |  | US$’000 |  | US$’000
Segment operating profit/(loss) | 8,303 |  |  | 10,645 |  |  | (2,324) |
Corporate expenses and others | (2,548) |  |  | (3,093) |  |  | (3,009) |
| 5,755 |  |  | 7,552 |  |  | (5,333) |
Other operating income | 433 |  |  | 1,026 |  |  | 587 |
Other operating expenses | — |  |  | (3) |  |  | (7) |
Net impairment loss on financial and contract assets | (4,640) |  |  | (508) |  |  | (220) |
Operating profit/(loss) | 1,548 |  |  | 8,067 |  |  | (4,973) |
Finance costs | (2,527) |  |  | (1,650) |  |  | (1,251) |
Finance income | 205 |  |  | 120 |  |  | 123 |
Share of loss of associates | (2) |  |  | (1) |  |  | (1) |
Exchange gain/(loss) | 679 |  |  | 143 |  |  | (4,425) |
Other income | 570 |  |  | 889 |  |  | 671 |
Other expense | (9) |  |  | (3) |  |  | (1) |
Profit/(loss) before tax | 464 |  |  | 7,565 |  |  | (9,857) |
Reconciliation of assets and liabilities | 5(d) Segment assets and liabilities
| North Asia |  | Thailand |  | ROW |  | Total segments |  | Corporate adjustments and eliminations |  | Consolidated
| US$’000 |  | US$’000 |  | US$’000 |  | US$’000 |  | US$’000 |  | US$’000
As of December 31, 2023 |  |  |  |  |  |  |  |  |  |  |
Total assets | 52,519 |  |  | 167,888 |  |  | 133,437 |  |  | 353,844 |  |  | 12,820 |  |  | 366,664 |
Total liabilities | 10,320 |  |  | 66,385 |  |  | 68,365 |  |  | 145,070 |  |  | 6,973 |  |  | 152,043 |
As of December 31, 2022 |  |  |  |  |  |  |  |  |  |  |
Total assets | 54,534 |  |  | 168,423 |  |  | 133,516 |  |  | 356,473 |  |  | 14,546 |  |  | 371,019 |
Total liabilities | 13,649 |  |  | 62,584 |  |  | 75,863 |  |  | 152,096 |  |  | 7,495 |  |  | 159,591 |
Reconciliation of assets:
| As of December 31,
| 2023 |  | 2022
| US$’000 |  | US$’000
Segment operating assets | 353,844 |  |  | 356,473 |
Corporate and other assets | 4,211 |  |  | 6,598 |
Investment in associates | 810 |  |  | 805 |
Deferred tax assets | 7,799 |  |  | 7,143 |
Total assets | 366,664 |  |  | 371,019 |
| As of December 31,
| 2023 |  | 2022
| US$’000 |  | US$’000
Segment operating liabilities | 145,070 |  |  | 152,096 |
Corporate liabilities | 3,133 |  |  | 3,298 |
Deferred tax liabilities | 3,840 |  |  | 4,197 |
Total liabilities | 152,043 |  |  | 159,591 |
Revenue From External Customers Based Major Categories | (i)Revenue from external customers is summarized as the following major categories:
Year ended December 31, 2023 | North Asia |  | Thailand |  | ROW |  | Total segments |  | Corporate expense adjustments and eliminations |  | Consolidated
| US$’000 |  | US$’000 |  | US$’000 |  | US$’000 |  | US$’000 |  | US$’000
Revenue from external customers |  |  |  |  |  |  |  |  |  |  |
Power | 9 |  |  | 80,564 |  |  | 140,501 |  |  | 221,074 |  |  | — |  |  | 221,074 |
Enamel | 55,959 |  |  | 79,510 |  |  | 1,972 |  |  | 137,441 |  |  | — |  |  | 137,441 |
SDI | 2,667 |  |  | — |  |  | 55,028 |  |  | 57,695 |  |  | — |  |  | 57,695 |
Others* | 14 |  |  | 6,851 |  |  | 2,697 |  |  | 9,562 |  |  | — |  |  | 9,562 |
| 58,649 |  |  | 166,925 |  |  | 200,198 |  |  | 425,772 |  |  | — |  |  | 425,772 |
Timing of revenue recognition |  |  |  |  |  |  |  |  |  |  |
At a point in time | 55,982 |  |  | 166,832 |  |  | 173,004 |  |  | 395,818 |  |  | — |  |  | 395,818 |
Over time | 2,667 |  |  | 93 |  |  | 27,194 |  |  | 29,954 |  |  | — |  |  | 29,954 |
| 58,649 |  |  | 166,925 |  |  | 200,198 |  |  | 425,772 |  |  | — |  |  | 425,772 |
*include revenues from fabrication service contracts, and sale of other wires and cables products. (i)Revenue from external customers is summarized as the following major categories (continued):
Year ended December 31, 2022 | North Asia |  | Thailand |  | ROW |  | Total segments |  | Corporate expense adjustments and eliminations |  | Consolidated
| US$’000 |  | US$’000 |  | US$’000 |  | US$’000 |  | US$’000 |  | US$’000
Revenue from external customers |  |  |  |  |  |  |  |  |  |  |
Power | 92 |  |  | 46,340 |  |  | 135,739 |  |  | 182,171 |  |  | — |  |  | 182,171 |
Enamel | 76,002 |  |  | 102,122 |  |  | — |  |  | 178,124 |  |  | — |  |  | 178,124 |
SDI | 1,209 |  |  | — |  |  | 44,722 |  |  | 45,931 |  |  | — |  |  | 45,931 |
Others* | 26 |  |  | 23,379 |  |  | 4,262 |  |  | 27,667 |  |  | — |  |  | 27,667 |
| 77,329 |  |  | 171,841 |  |  | 184,723 |  |  | 433,893 |  |  | — |  |  | 433,893 |
Timing of revenue recognition |  |  |  |  |  |  |  |  |  |  |
At a point in time | 77,287 |  |  | 171,613 |  |  | 158,510 |  |  | 407,410 |  |  | — |  |  | 407,410 |
Over time | 42 |  |  | 228 |  |  | 26,213 |  |  | 26,483 |  |  | — |  |  | 26,483 |
| 77,329 |  |  | 171,841 |  |  | 184,723 |  |  | 433,893 |  |  | — |  |  | 433,893 |
*include revenues from fabrication service contracts, and sale of other wires and cables products.
Year ended December 31, 2021 | North Asia |  | Thailand |  | ROW |  | Total segments |  | Corporate expense adjustments and eliminations |  | Consolidated
| US$’000 |  | US$’000 |  | US$’000 |  | US$’000 |  | US$’000 |  | US$’000
Revenue from external customers |  |  |  |  |  |  |  |  |  |  |
Power | — |  |  | 63,629 |  |  | 127,891 |  |  | 191,520 |  |  | — |  |  | 191,520 |
Enamel | 107,027 |  |  | 105,749 |  |  | — |  |  | 212,776 |  |  | — |  |  | 212,776 |
Fabrication | — |  |  | — |  |  | 39,476 |  |  | 39,476 |  |  | — |  |  | 39,476 |
Others* | 5 |  |  | 28,401 |  |  | 4,481 |  |  | 32,887 |  |  | — |  |  | 32,887 |
| 107,032 |  |  | 197,779 |  |  | 171,848 |  |  | 476,659 |  |  | — |  |  | 476,659 |
Timing of revenue recognition |  |  |  |  |  |  |  |  |  |  |
At a point in time | 107,032 |  |  | 197,544 |  |  | 146,991 |  |  | 451,567 |  |  | — |  |  | 451,567 |
Over time | — |  |  | 235 |  |  | 24,857 |  |  | 25,092 |  |  | — |  |  | 25,092 |
| 107,032 |  |  | 197,779 |  |  | 171,848 |  |  | 476,659 |  |  | — |  |  | 476,659 |
*include revenues from fabrication service contracts, and sale of other wires and cables products.
Revenue From External Customers and Non-Current Assets Broken Down by Country of Domicile | (ii)Revenue from external customers is attributed to individual countries based on the customer’s country of domicile and is summarized as follows:
| For the year ended Current period end
| 2023 |  | 2022 |  | 2021
| US$’000 |  | US$’000 |  | US$’000
Revenues from external customers |  |  |  |  |
Thailand | 152,437 |  |  | 153,164 |  |  | 168,773 |
Singapore | 135,227 |  |  | 118,789 |  |  | 95,116 |
Australia | 62,139 |  |  | 60,299 |  |  | 67,652 |
China, Hong Kong, and Taiwan | 62,239 |  |  | 82,187 |  |  | 118,219 |
India | 973 |  |  | 779 |  |  | 1,248 |
Southeast Asia | 12,741 |  |  | 18,663 |  |  | 25,643 |
Northeast Asia | 16 |  |  | 12 |  |  | 8 |
| 425,772 |  |  | 433,893 |  |  | 476,659 |
The total non-current assets other than financial instruments and deferred tax assets broken down by the country of domicile are summarized as follow:
| As of December 31,
| 2023 |  | 2022
| US$’000 |  | US$’000
Non-current assets by country: |  |  |
Thailand | 36,252 |  |  | 37,653 |
Singapore | 5,002 |  |  | 5,304 |
China, Hong Kong, and Taiwan | 10,132 |  |  | 10,313 |
Australia | 7,058 |  |  | 7,141 |
Other | 132 |  |  | 207 |
Total non-current assets | 58,576 |  |  | 60,618 |

X
- Definition Disclosure of reconciliation of segment assets and liabilities. + References No definition available. + Details
Name: | apwc_DisclosureOfReconciliationOfSegmentAssetsAndLiabilitiesExplanatoryTableTextBlock
Namespace Prefix: | apwc_
Data Type: | dtr-types1:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Disclosure of reconciliation of segment gross profit. + References No definition available. + Details
Name: | apwc_DisclosureOfReconciliationOfSegmentGrossProfitExplanatoryTableTextBlock
Namespace Prefix: | apwc_
Data Type: | dtr-types1:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of geographical information. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 8 -IssueDate 2023-01-01 -Paragraph 33 -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=8&code=ifrs-tx-2023-en-r&anchor=para_33&doctype=Standard -URIDate 2023-03-23 + Details
Name: | ifrs-full_DisclosureOfGeographicalAreasExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | ifrs-full_DisclosureOfOperatingSegmentsAbstract
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of operating segments. [Refer: Operating segments [member]] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 8 -IssueDate 2023-01-01 -Paragraph 23 -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=8&code=ifrs-tx-2023-en-r&anchor=para_23&doctype=Standard -URIDate 2023-03-23 + Details
Name: | ifrs-full_DisclosureOfOperatingSegmentsExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of the entity's products and services. [Refer: Products and services [member]] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 8 -IssueDate 2023-01-01 -Paragraph 32 -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=8&code=ifrs-tx-2023-en-r&anchor=para_32&doctype=Standard -URIDate 2023-03-23 + Details
Name: | ifrs-full_DisclosureOfProductsAndServicesExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration