Change - S P Setia Berhad

142
Annual report 2008
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2008
51. FINANCIAL INSTRUMENTS (cont’d)
(ii)
Fair value (cont’d)
Guarantees given
It is not practical to estimate the fair values of the guarantees referred to in note 50 due to the uncertainties of timing,
costs and eventual outcome.
* It is not practical to estimate the fair values of these financial instruments due principally to the absence of fixed
repayment terms. However, the Group and the Company do not anticipate the carrying amounts to be significantly
different from the values that would eventually be received or settled.
** It is not practical to estimate the fair values of these financial instruments due to the lack of quoted market values and
available observable market data. Such investments are valued at cost subject to review for impairment.
52. SEGMENTAL ANALYSIS
Property
development Construction Others Elimination Consolidated
2008 RM’000 RM’000 RM’000 RM’000 RM’000
REVENUE
External sales 1,104,921 143,274 80,130 – 1,328,325
Inter-segment sales 45,963 1,777 17,441 (65,181) –
Total revenue 1,150,884 145,051 97,571 (65,181) 1,328,325
RESULTS
Segment results 225,216 7,753 5,984 – 238,953
Net profit from investing activities – others 43,876
Share of associated companies’ profit
and dividend on preference shares 7,201 7,961 – – 15,162
Finance costs (6,976)
Profit before taxation 291,015
Tax expense (77,560)
Profit for the year 213,455
OTHER INFORMATION
Segment assets 2,607,409 117,667 446,415 – 3,171,491
Investment in associated companies 36,534 69,984 42 – 106,560
Current and deferred tax assets 37,969
Consolidated total assets 3,316,020
Segment liabilities 791,752 512,185 25,715 – 1,329,652
Current and deferred tax liabilities 10,668
Consolidated total liabilities 1,340,320
Capital expenditure 107,136 294 361
Amortisation and depreciation 9,559 1,078 665
Other non-cash items 2,576 7,717 26,866