Change - S P Setia Berhad

126
Annual report 2008
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2008
36. PROFIT/(LOSS) FROM OPERATIONS (cont’d)
Directors’ remuneration does not include the estimated monetary value of benefits-in-kind as follows:
Group
Company
2008 2007 2008 2007
RM’000 RM’000 RM’000 RM’000
Company’s directors 2,891 2,520 2,891 2,520
Subsidiaries’ directors 262 137 – –
37. NET PROFIT FROM INVESTING ACTIVITIES – OTHERS
Group
Company
2008 2007 2008 2007
RM’000 RM’000 RM’000 RM’000
Gross dividends from subsidiary companies – – 31,757 1,011,000
Interest income from
– subsidiary companies – – 22,185 11,663
– jointly controlled entities 274 22 914 74
– deposits 16,353 6,530 13,395 3,974
Rental income from investment properties 751 118 3 4
Gain on disposal of an associated company 26,878 – – –
Gain on disposal of quoted investments – 10,864 – –
Discount on acquisition of additional shares in an
existing subsidiary company 43 260 – –
Diminution in value of quoted investments written back 76 – – –
Allowance for doubtful debts no longer required – – 150 201
Impairment in value of an investment in a subsidiary
company written back – – – 4,400
Gain on disposal of an investment property – 43 – –
Gain on deemed disposal on a subsidiary company 94 – – –
44,469 17,837 68,404 1,031,316
Impairment in value of investment in subsidiary companies – – – (178)
Impairment in value of investment properties (593) – (393) –
Diminution in value of quoted investments – (198) – –
Bad and doubtful debts – (3) – (1,855)
43,876 17,636 68,011 1,029,283