Change - S P Setia Berhad

More documents

Recommendations

Info

74 Annual report 2008 CONSOLIDATED STATEMENT OF CHANGES IN EQUITY FOR THE YEAR ENDED 31 OCTOBER 2008 Exchange Distributable Note Share Share Option Warrant translation retained Minority Total capital premium reserve reserve reserve earnings Total interests equity RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 Balance at 1.11.2006 As previously stated 498,513 416,710 – – – 787,187 1,702,410 1,302 1,703,712 Effect of adopting FRS 2 – 564 1,395 – – (1,959) – – – As restated 498,513 417,274 1,395 – – 785,228 1,702,410 1,302 1,703,712 Profit for the year – – – – – 260,070 260,070 (2) 260,068 Dividends paid 41 – – – – – (147,301) (147,301) – (147,301) Issue of ordinary shares pursuant to ESOS 5,941 21,156 (1,393) – – – 25,704 – 25,704 ESOS lapsed – – (2) – – 2 – – – Acquisition of additional shares in an existing subsidiary company – – – – – – – (808) (808) Balance at 31.10.2007 504,454 438,430 – – – 897,999 1,840,883 492 1,841,375 Translation differences for the year – – – – 1,500 – 1,500 – 1,500 Profit for the year – – – – – 213,456 213,456 (1) 213,455 Net income/(expense) recognised directly in equity – – – – 1,500 213,456 214,956 (1) 214,955 Dividends paid 41 – – – – – (165,519) (165,519) – (165,519) Issue of Warrants – – – 50,120 – – 50,120 – 50,120 Issue of ordinary shares pursuant to – bonus issue 252,227 (252,227) – – – – – – – – exercise of Warrants 5,843 31,381 – (2,322) – – 34,902 – 34,902 Acquisition of additional shares in an existing subsidiary company – – – – – – – (133) (133) Balance at 31.10.2008 762,524 217,584 – 47,798 1,500 945,936 1,975,342 358 1,975,700 Notes to and forming part of the financial statements are set out on pages 82 to 144 Auditors’ Report – Pages 69 to 70
75 S P Setia Berhad Group CONSOLIDATED CASH FLOW STATEMENT FOR THE YEAR ENDED 31 OCTOBER 2008 CASH FLOWS FROM OPERATING ACTIVITIES Note 2008 2007 RM’000 RM’000 Profit before taxation 291,015 328,491 Adjustments for: Bad and doubtful debts 692 672 Depreciation – property, plant and equipment 9,152 6,804 – investment properties 1,487 124 Gain on disposal of property, plant and equipment (675) (743) Property, plant and equipment written off 5,754 3 Amortisation of prepaid lease payments 10 9 Profit retained in associated companies (15,162) (24,355) Realisation of profit of associated companies (1,464) (2,306) Gain on disposal of an associated company (26,878) – Gain on disposal of an investment property – (43) Impairment in value of investment properties 593 – Gain on deemed disposal of a subsidiary company (94) – Gain on disposal of quoted investments – (10,864) Diminution in value of quoted investments (76) 198 Goodwill on acquisition written off 19 3 Discount on acquisition (43) (260) Development expenditure written off 129 – Unrealised loss on foreign exchange 46 – Interest expense 6,976 1,273 Dividend income – (5,086) Interest income (22,546) (11,736) Rental income (1,168) (613) Operating profit before working capital changes 247,767 281,571 Changes in property development costs 168,933 7,454 Changes in accrued billings/progress billings (34,559) 2,511 Changes in gross amount due from/to customers (1,209) 17,979 Changes in inventories 2,827 8,858 Changes in receivables (33,067) 19,843 Changes in payables (7,182) (7,540) Cash generated from operations 343,510 330,676 Rental received 417 495 Interest received 5,919 5,184 Interest paid (49,190) (31,503) Tax paid (82,614) (94,613) Net cash generated from operating activities 218,042 210,239 CASH FLOWS FROM INVESTING ACTIVITIES Additions to land held for property development (245,096) (89,554) Purchase of property, plant and equipment 42 (100,231) (19,189) Purchase of investment properties 43 (6,889) (12,300) Proceeds from disposal of property, plant and equipment 832 1,368 Proceeds from disposal of associated company 82,670 – Proceeds from disposal of an investment property – 188 Proceeds from disposal of quoted investments – 27,913
Page 1 and 2:
embracing Change Annual Report 2008
Page 3 and 4:
1 S P Setia Berhad Group Table of c
Page 5 and 6:
3 S P Setia Berhad Group CORPORATE
Page 7 and 8:
5 S P Setia Berhad Group
Page 9 and 10:
7 S P Setia Berhad Group GROUP FINA
Page 11 and 12:
9 S P Setia Berhad Group HALLMARKS
Page 13 and 14:
11 S P Setia Berhad Group
Page 15 and 16:
13 S P Setia Berhad Group Corporate
Page 17 and 18:
15 S P Setia Berhad Group CHAIRMAN
Page 19 and 20:
17 S P Setia Berhad Group Group Man
Page 21 and 22:
19 S P Setia Berhad Group GROUP MAN
Page 23 and 24:
21 S P Setia Berhad Group Setia Ala
Page 25 and 26: 23 S P Setia Berhad Group REVIEW OF
Page 27 and 28: 25 S P Setia Berhad Group REVIEW OF
Page 29 and 30: 27 S P Setia Berhad Group
Page 31 and 32: 29 S P Setia Berhad Group World Env
Page 33 and 34: 31 S P Setia Berhad Group CORPORATE
Page 39 and 40: 37 S P Setia Berhad Group
Page 41 and 42: 39 S P Setia Berhad Group Executive
Page 43 and 44: 41 S P Setia Berhad Group 50% Green
Page 45 and 46: 43 S P Setia Berhad Group Profile o
Page 47 and 48: 45 S P Setia Berhad Group PROFILE O
Page 49 and 50: 47 S P Setia Berhad Group PROFILE O
Page 51 and 52: 49 S P Setia Berhad Group Corporate
Page 59 and 60: 57 S P Setia Berhad Group Audit Com
Page 61 and 62: 59 S P Setia Berhad Group Audit Com
Page 63 and 64: 61 S P Setia Berhad Group Financial
Page 65 and 66: 63 S P Setia Berhad Group DIRECTORS
Page 67 and 68: 65 S P Setia Berhad Group Directors
Page 69 and 70: 67 S P Setia Berhad Group Directors
Page 71 and 72: 69 S P Setia Berhad Group REPORT OF
Page 73 and 74: 71 S P Setia Berhad Group CONSOLIDA
Page 75: 73 S P Setia Berhad Group CONSOLIDA
Page 79 and 80: 77 S P Setia Berhad Group BALANCE S
Page 81 and 82: 79 S P Setia Berhad Group STATEMENT
Page 83 and 84: 81 S P Setia Berhad Group CASH FLOW
Page 85 and 86: 83 S P Setia Berhad Group NOTES TO
Page 127 and 128:
125 S P Setia Berhad Group NOTES TO
Page 129 and 130:
Page 131 and 132:
Page 133 and 134:
Page 135 and 136:
Page 137 and 138:
Page 139 and 140:
Page 141 and 142:
Page 143 and 144:
Page 145 and 146:
Page 147 and 148:
145 S P Setia Berhad Group STATEMEN
Page 149 and 150:
147 S P Setia Berhad Group analysis
Page 151 and 152:
149 S P Setia Berhad Group analysis
Page 153 and 154:
151 S P Setia Berhad Group list of
Page 155 and 156:
Page 157 and 158:
Page 159 and 160:
Page 161 and 162:
159 S P Setia Berhad Group notice o
Page 163 and 164:
OneMind : SP SETIA 08AR: 4rd Draft
Page 165 and 166:
S P SETIA BERHAD (19698-X) (Incorpo
Page 167 and 168:
group directory HEAD OFFICE S P SET
show all

Change - S P Setia Berhad

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?