Pg 147 - Berjaya Corporation Berhad

Berjaya Land Berhad (201765-A)
Annual Report 2005
45
(f)
(g)
This represents dividend income and sale proceeds of securities in respect of the Group’s quoted investments that have been pledged
to financial institutions for credit facilities granted to the holding and related companies before the inception of the Revamped Listing
Requirements of the Bursa Malaysia Securities Berhad. Such dividend income and sale proceeds were paid directly to the financial
institutions concerned and accordingly, have been reflected as advances to the ultimate holding and related companies. In the current
financial year ended 30 April 2005, the Group received repayments from its holding company in respect of the aforementioned.
The closing cash and cash equivalents comprise the following:
2005 2004
RM’000 RM’000
Deposits (Note 14) 47,903 38,317
Cash and bank balances 157,131 124,686
Bank overdrafts (Note 17) (57,061) (85,904)
147,973 77,099
Included in the Group’s deposits with financial institutions and cash and bank balances are amounts of RM13,939,000
(2004 : RM11,095,000) and RM1,000,000 (2004 : RM1,000,000) respectively pledged for banking facilities granted to the Company and
certain of its subsidiary companies.
The accompanying notes form an integral part of these financial statements.