WCT-Page 30 to ProxyForm (2.4MB).pdf - Announcements - Bursa ...

More documents

Recommendations

Info

Company WCT Berhad (66538-K) annual report 2011 STATEMENTS OF CHANGES IN EQUITY for the financial year ended 31 December 2011 Non-Distributable Distributable Share Preference Share Equity Warrant Revaluation compensation capital share premium reserve reserve reserve Note (Note 29) (Note 30) (Note 31) (Note 32) (Note 32) (Note 32) Retained profits (Note 32) 77 Total equity RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 RM'000 At 1 January 2010 - as previously stated 388,856 3,718 369,256 34,689 1,446 8,117 82,235 888,317 - effect of adopting, FRS 139 - - - - - - (3,208) (3,208) At 1 January 2010, as restated 388,856 3,718 369,256 34,689 1,446 8,117 79,027 885,109 Profit for the financial year - - - - - - 17,631 17,631 Other comprehensive income - - - - 1,000 - - 1,000 Total comprehensive income for the year - - - - 1,000 - 17,631 18,631 Dividends 42 - - - - - - (59,071) (59,071) Share options vested under ESOS 39(b) - - - - - 3,175 - 3,175 Share options vested under ESOS included in investment in subsidiaries 7 - - - - - 7,784 - 7,784 Arising from share options exercised 29 & 31 2,965 - 7,756 - - - - 10,721 Arising from conversion of ICPS 30 1,649 (1,649) - - - - - - Arising from conversion of warrants 29 & 31 1 - 4 - - - - 5 Transfer within reserve for ESOS exercised 31 - - 2,852 - - (2,852) - - Transfer within reserve for warrants exercised 31 - - 1 (1) - - - - Transfer of reserve - - - - (30) - (155) (185) At 31 December 2010 393,471 2,069 379,869 34,688 2,416 16,224 37,432 866,169 At 1 January 2011 393,471 2,069 379,869 34,688 2,416 16,224 37,432 866,169 Profit for the financial year - - - - - - 80,047 80,047 Other comprehensive income - - - - - - - - Total comprehensive income for the year - - - - - - 80,047 80,047 Dividends 42 - - - - - - (60,354) (60,354) Share options vested under ESOS 39(b) - - - - - 2,748 - 2,748 Share options vested under ESOS included in investment in subsidiaries 7 - - - - - 7,342 - 7,342 Arising from share options exercised 29 & 31 7,867 - 22,756 - - - - 30,623 Arising from conversion of ICPS 30 893 (893) - - - - - - Arising from conversion of warrants 29 & 31 373 - 1,673 - - - - 2,046 Arising from issuance of warrants - - - 53,343 - - - 53,343 Transfer within reserve for ESOS exercised 31 - - 9,659 - - (9,659) - - Transfer within reserve for warrants exercised 31 - - 249 (249) - - - - At 31 December 2011 402,604 1,176 414,206 87,782 2,416 16,655 57,125 981,964 The accompanying notes form an integral part of the financial statements.
78 WCT Berhad (66538-K) annual report 2011 STATEMENTS OF CASH FLOWS for the financial year ended 31 December 2011 Cash flows from operating activities Group Company 2011 2010 2011 2010 RM'000 RM'000 RM'000 RM'000 Profit before taxation 207,538 266,771 87,411 29,627 Adjustments for: Interest income (22,545) (10,356) (36,676) (24,497) Dividend income - - (33,405) (86,175) Interest expense 66,661 50,360 50,965 33,854 Net unrealised foreign exchange (gains)/losses (29,035) 13,038 (28,614) 25,207 Provision for building maintenance - 82 - - Provision for doubtful debts - third parties 4,844 228 - - Property, plant and equipment - depreciation 9,104 16,329 1,149 1,466 - gain on disposal (811) (110) (174) (430) - written off - 31 - - Bad debts written off 114 - - 50 Write back of provision for doubtful debts (7,551) (184) (6,735) - Gain on disposal of investment properties (495) (300) - - Write down in value of properties stock - 903 - 903 Share options granted under ESOS 10,090 10,959 2,748 3,175 Share of results in associates (16,750) (16,993) - - Provision of foreseeable losses for - contract work in progress 795 21,147 - - Impairment loss on - other investment 54 - - - Finance (income)/expense from loan and receivables (9,310) (11,317) 1,796 1,275 Revaluation deficit on property, plant and equipment - 200 - - Revaluation adjustment - 155 - - Fair value gain on investment properties (14,260) (46,793) - - Operating profit/(loss) before working capital changes 198,443 294,150 38,465 (15,545) Development expenditure (103,544) (33,935) - - Related parties 3,211 1,029 (361,217) 178,161 Inventories 22,962 38,413 4,072 448 Receivables 81,148 357,675 (123,188) (137,217) Payables 22,238 (610,950) 254,619 15,594 Cash flows generated from/(used in) operations 224,458 46,382 (187,249) 41,441 Interest paid (50,720) (41,794) (32,110) (25,288) Interest received 22,545 10,356 36,676 24,497 Taxation paid (32,768) (13,827) (8,104) (9,514) Net cash generated from/(used in) operating activities 163,515 1,117 (190,787) 31,136
Page 1 and 2: 30 WCT Berhad (66538-K) annual repo
Page 30 and 31: financial statements Directors’ R
Page 32 and 33: DIVIDENDS cont’d In respect of th
Page 34 and 35: DIRECTORS' INTERESTS cont’d Taing
Page 36 and 37: ISSUE OF SHARES Ordinary shares WCT
Page 38 and 39: OTHER STATUTORY INFORMATION cont’
Page 40 and 41: REPORT ON THE FINANCIAL STATEMENTS
Page 42 and 43: Non-current assets WCT Berhad (6653
Page 44 and 45: WCT Berhad (66538-K) annual report
Page 46 and 47: Group WCT Berhad (66538-K) annual r
Page 50 and 51: Cash flows from investing activitie
Page 52 and 53: 1. CORPORATION INFORMATION WCT Berh
Page 54 and 55: 2. SUMMARY OF SIGNIFICANT ACCOUNTIN
Page 80 and 81: 3. SIGNIFICANT ACCOUNTING JUDGEMENT
Page 82 and 83: 3. SIGNIFICANT ACCOUNTING JUDGEMENT
Page 84 and 85: 4. PROPERTY, PLANT AND EQUIPMENT Fr
Page 86 and 87: 4. PROPERTY, PLANT AND EQUIPMENT co
Page 88 and 89: 4. PROPERTY, PLANT AND EQUIPMENT co
Page 90 and 91: 5. LAND HELD FOR PROPERTY DEVELOPME
Page 92 and 93: 6. INVESTMENT PROPERTIES WCT Berhad
Page 94 and 95: 7. INVESTMENT IN SUBSIDIARIES cont
Page 96 and 97: 7. INVESTMENT IN SUBSIDIARIES cont
Page 98 and 99:
8. INVESTMENT IN ASSOCIATES WCT Ber
Page 100 and 101:
8. INVESTMENT IN ASSOCIATES cont’
Page 102 and 103:
9. INVESTMENT IN JOINTLY CONTROLLED
Page 104 and 105:
11. CONCESSION ASSETS WCT Berhad (6
Page 106 and 107:
13. TRADE RECEIVABLES cont’d (a)
Page 108 and 109:
13. TRADE RECEIVABLES cont’d (b)
Page 110 and 111:
15. DUE FROM/(TO) RELATED PARTIES c
Page 112 and 113:
19. OTHER PAYABLES WCT Berhad (6653
Page 114 and 115:
20. BORROWINGS cont’d Total borro
Page 116 and 117:
24. TERM LOANS Secured WCT Berhad (
Page 118 and 119:
26. ISLAMIC SERIAL REDEEMABLE BONDS
Page 120 and 121:
29. SHARE CAPITAL WCT Berhad (66538
Page 122 and 123:
29. SHARE CAPITAL cont’d (b) Empl
Page 124 and 125:
29. SHARE CAPITAL cont’d (b) Empl
Page 126 and 127:
29. SHARE CAPITAL cont’d (c) Warr
Page 128 and 129:
30. IRREDEEMABLE CONVERTIBLE PREFER
Page 130 and 131:
32. RESERVES WCT Berhad (66538-K) a
Page 132 and 133:
33. NON�CONTROLLING INTEREST WCT
Page 134 and 135:
34. DEFERRED TAXATION cont’d WCT
Page 136 and 137:
37. OTHER OPERATING INCOME/�LOSS
Page 138 and 139:
39. PROFIT BEFORE TAXATION (a) The
Page 140 and 141:
39. PROFIT BEFORE TAXATION cont’d
Page 142 and 143:
40. TAXATION Tax expense for the ye
Page 144 and 145:
41. EARNINGS PER SHARE (i) Basic WC
Page 146 and 147:
42. DIVIDENDS cont’d Recognised d
Page 148 and 149:
44. OPERATING LEASE ARRANGEMENTS co
Page 150 and 151:
46. CONTINGENT LIABILITIES cont’d
Page 152 and 153:
47. FINANCIAL INSTRUMENTS cont’d
Page 154 and 155:
Page 156 and 157:
Page 158 and 159:
Page 160 and 161:
Page 162 and 163:
Page 164 and 165:
49. SIGNIFICANT EVENTS During the f
Page 166 and 167:
50. SUBSEQUENT EVENTS cont’d (i)
Page 168 and 169:
51. CONTRACT DISPUTE cont’d State
Page 170 and 171:
52. SEGMENT INFORMATION cont’d Bu
Page 172 and 173:
52. SEGMENT INFORMATION cont’d Ge
Page 174 and 175:
No. Location Description 1. Master
Page 176 and 177:
No. Location Description 7. Seven (
Page 178 and 179:
(2) Thirty Largest Shareholders con
Page 180 and 181:
(2) Thirty Largest ICPS Holders WCT
Page 182 and 183:
(2) Thirty Largest Warrants Holders
Page 184 and 185:
(2) Thirty Largest Warrants Holders
Page 186 and 187:
(2) Directors’ Interests in Warra
Page 188 and 189:
WCT Berhad (66538-K) annual report
Page 190 and 191:
Meeting : 31st Annual General Meeti
Page 192 and 193:
I/We WCT Berhad (66538-K) (Incorpor
Page 194 and 195:
IXORA CAMELLIA Double-storey bungal
show all

WCT-Page 30 to ProxyForm (2.4MB).pdf - Announcements - Bursa ...

Create successful ePaper yourself

Delete template?

Save as template?