LOM 2023 Annual Report - Report - Page 53
LOM
2021 ANNUAL REPORT
LOM
Financial
(Bermuda)
Ltd.
(Bermuda)
LOM
Financial
(Bahamas)
Ltd.
(Bahamas)
LOM Asset
Management
Ltd.
(Bermuda)
Global
Custody
Clearing Ltd.
(Bermuda)
LOM
Financial Ltd.
(Bermuda)
LOM
Properties
Ltd.
(Bermuda)
Other UK/
(Bermuda/
Philippines)
Eliminations
Total
Revenues
from external
customers
$3,510,517
$4,713,728
$3,647,821
$1,819,083
$597,146
$582,026
$2,737,412
-
$17,607,733
Intersegment
revenue
$766,793
$128,754
-
$2,154,136
-
$369,572
$919,030
($4,338,285)
-
$4,277,310
$4,842,482
$3,647,821
$3,973,219
$597,146
$951,598
$3,656,442
($4,338,285)
$17,607.733
$23,076
$1,852
-
$35,267
-
$332,456
$25,210
-
$417,861
$4,344,050
$2,983,440
$2,857,485 $ 4,030,172
$522,804
$1,285,601
$1,126,844
($4,338,285)
$12,812,111
($66,740)
$1,859,042
$790,336
($56,953)
$74,342
($334,003)
$2,529,598
-
$4,795,622
$1,053,165
$1,245,105
$1,279,632
$2,978,151
$24,511,499
$7,881,899
$3,527,526
($17,179,599)
$25,297,378
Property and
equipment
$58,846
$1,227
-
$89,667
-
$7,957,484
$60,782
-
$8,168,006
Capital
expenditures
-
-
-
$55,897
-
-
$7,704
-
$63,601
2020
Total Revenue
Depreciation
Operating
expenses
(incl. tax)
Segment
(loss) income
Identifiable
assets
Geographical Split
Bermuda
Bahamas
UK
Philippines
Total
$19,502,955
$4,690,053
$132,265
$168,211
$24,493,484
$8,633,834
$542
$47,380
-
$8,681,756
$12,630,293
$4,713,727
$99,192
$164,521
$17,607,733
$8,105,997
$1,227
$60,782
-
$8,168,006
2021
Revenues from external customers
Property and equipment
2020
Revenues from external customers
Property and equipment
Geographic split is disclosed by location of business.
15. SUBSEQUENT EVENTS
In preparing the financial statements, management has evaluated subsequent events through May 9, 2022, which is the date
these financial statements were available to be issued and determined that there were no material events that would require
recognition or disclosure in the Company’s consolidated financial statements through that date.
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