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062<br />

SapuraCrest Petroleum Berhad<br />

Annual Report 2010<br />

DiReCtoRS’ RePoRt<br />

The directors have pleasure in presenting their report together with the audited financial statements of the Group and of the Company for<br />

the financial year ended 31 January 2010.<br />

Principal activities<br />

The principal activities of the Company are investment holding and provision of management services to its subsidiaries.<br />

The principal activities of the subsidiaries are as described in Note 37 to the financial statements.<br />

There have been no significant changes in the nature of the principal activities during the financial year.<br />

ReSultS<br />

Group Company<br />

RM’000 RM’000<br />

Profit for the year 335,254 95,085<br />

Attributable to:<br />

Equity holders of the Company 172,035 95,085<br />

Minority interests 163,219 —<br />

335,254 95,085<br />

There were no material transfers to or from reserves or provisions during the financial year other than as disclosed in the financial<br />

statements.<br />

In the opinion of the directors, the results of the operations of the Group and of the Company during the financial year were not substantially<br />

affected by any item, transaction or event of a material and unusual nature.<br />

DiviDenDS<br />

The amount of dividends paid by the Company since 31 January 2009 were as follows:<br />

In respect of the financial year ended 31 January 2009 as reported<br />

in the directors’ report of that year:<br />

RM’000<br />

A single tier interim dividend of 2.0 sen per ordinary share, on<br />

1,188,491,401 ordinary shares, declared on 10 December<br />

2008 and paid on 16 February 2009. 23,770<br />

A single tier final dividend of 3.0 sen per ordinary share, on<br />

1,270,882,848 ordinary shares, approved by shareholders on<br />

30 June 2009 and paid on 14 August 2009. 38,126

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