Financial Statements - Berjaya Corporation Berhad

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Notes To The Financial Statements 30 April 2001 36 SEGMENTAL ANALYSIS (CONTINUED) By geographical segments Profit/ (loss) Total before assets Revenue taxation employed RM’000 RM’000 RM’000 2001 Malaysia 4,410,892 134,992 9,268,062 Asia (other than Malaysia) 252,536 18,715 301,091 North America 2,762,936 (83,907) 1,041,755 Oceanic island states 235,421 (21,305) 1,278,145 Others 62,018 (10,118) 67,534 7,723,803 38,377 11,956,587 Exceptional Items Malaysia - (344,676) - Asia (other than Malaysia) - (12,060) - North America - (1,000) - Oceanic island states - (2,174) - 7,723,803 (321,533) 11,956,587 2000 Malaysia 4,173,046 214,251 9,583,800 Asia (other than Malaysia) 259,805 (19,928) 420,217 North America 3,124,157 15,659 1,251,791 Oceanic island states 172,389 (5,670) 1,355,968 Others 69,820 (7,352) 126,519 7,799,217 196,960 12,738,295 Exceptional Items Malaysia - (274,064) - Asia (other than Malaysia) - (19,339) - North America - (1,099) - Oceanic island states - 1,509 - 7,799,217 (96,033) 12,738,295 37 SIGNIFICANT RELATED PARTY TRANSACTIONS Group Company 2001 2000 2001 2000 RM’000 RM’000 RM’000 RM’000 Management fees receivable from subsidiary companies - - 1,888 1,902 Administration fees for loan facilities receivable from subsidiary companies - - 676 1,006 Administration fees for loan facilities payable to subsidiary companies - - 1,215 1,668 Sales of developed properties and landed properties to parties related to directors (Note a) 13,798 56,214 - - Progress payments to a director related company in connection with the acquisition of properties which are being constructed (Note b) 45,537 91,565 - - Acquisition of 20% equity interest in Unza International Limited from Air Mancur Holdings Limited (Note c) 15,000 - - - Sales of goods to related parties: Sunline M&E Services Sdn Bhd (Note c) 1,413 3,920 - - Labtec Sdn Bhd (Note c) 50 6,561 - - Installation and commissioning charges payable to Sunline M&E Services Sdn Bhd (Note c) 9,777 2,383 - - Printing and mailing fees from Digi Telecommunications Sdn Bhd (Note d) 2,147 1,947 - - Rental expense to Cermat Teguh Sdn Bhd (Note e) 5,699 6,183 267 308 115 BERJAYA GROUP BERHAD
Notes To The Financial Statements 30 April 2001 37 SIGNIFICANT RELATED PARTY TRANSACTIONS (CONTINUED) The above transactions were undertaken at mutually agreed terms between the parties in the normal course of business and the terms and conditions are not materially different from that obtainable in transactions with unrelated parties. All other significant intercompany transactions have been disclosed under Notes 28 and 30 and the cash flow statement of the Company. These transactions were undertaken at mutually agreed terms between the companies in the normal course of business and the terms and conditions are not materially different from that obtainable in transactions with unrelated parties. There are no practical means of identifying the amount or proportions of outstanding items with subsidiary and related companies at balance sheet date to the related company transactions. Details of significant related party acquisitions and disposals of assets completed during the financial year are included in Note 40(A) to the financial statements. Notes: (a) These parties are family members of certain directors of the Company, namely Tan Sri Dato’ Seri Tan Chee Yioun (“TSVT”) and Robin Tan Yeong Ching (“RT”). (b) (c) (d) (e) The director related company is Berjaya Times Square Sdn Bhd (“BTS”). Certain directors, namely TSVT and Dato’ Tan Chee Sing, are deemed interested in BTS by virtue of their substantial interests in BTS. RT is also a director of BTS. Certain directors of subsidiary companies are deemed interested in these companies. TSVT has substantial interest in this company. Dato’ Thong Kok Khee has a deemed substantial interest in this company. 38 COMMITMENTS Group Company 2001 2000 2001 2000 RM’000 RM’000 RM’000 RM’000 Capital expenditure Property, plant and equipment - approved and contracted for 109,128 93,077 - - - approved but not contracted for 7,325 39,535 - - Infrastructure project - approved and contracted for - 602,007 - - 116,453 734,619 - - Commitments for investments in other corporations 146,441 52,500 - - Balance of purchase consideration for the acquisition of: - quoted investments - 90,000 - - - properties (Note) 34,752 61,591 - - Obligations under ongoing underwriting agreements 121,660 118,158 - - Commitment in respect of “put” option on BLB ICULS2 and Berjaya Land Berhad shares (as disclosed in Note 26(d)) - - 863,421 863,421 Operating lease commitments - Within 1 year after balance sheet date 34,319 26,578 - - - Later than 1 year but not more than 5 years 131,417 104,499 - - - More than 5 years 323,199 226,179 - - 908,241 1,414,124 863,421 863,421 Details of significant commitments for acquisition of properties and investments are included in Notes 40(B), 41(A) and 41(B) to the financial statements. Note: The balance of purchase consideration for the acquisition of properties is in relation to the acquisition from Berjaya Times Square Sdn Bhd, a director related company. The purchase consideration for the properties are based on a valuation conducted by an independent firm of professional valuers. BERJAYA GROUP BERHAD 116
Page 1 and 2: Financial Statements Directors’ R
Page 3 and 4: Directors’ Report For The Year En
Page 9 and 10: Statement By Directors We, TAN SRI
Page 11 and 12: Balance Sheets At 30 April 2001 Gro
Page 13 and 14: Consolidated Statement Of Changes I
Page 15 and 16: Consolidated Cash Flow Statement Fo
Page 17 and 18: Consolidated Cash Flow Statement Fo
Page 19 and 20: Notes To The Financial Statements 3
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Page 81 and 82: List Of Properties As At 30 April 2
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List Of Properties As At 30 April 2
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Statement Of Directors’ Sharehold
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Statistics On Shareholdings As At 1
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Notice of Annual General Meeting NO
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Fold this flap for sealing Affix st
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R SECURITIES SDN BHD BERJAYA GENERA
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Financial Statements - Berjaya Corporation Berhad

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