Pg 147 - Berjaya Corporation Berhad
Pg 147 - Berjaya Corporation Berhad
Pg 147 - Berjaya Corporation Berhad
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<strong>Berjaya</strong> Land <strong>Berhad</strong> (201765-A)<br />
Annual Report 2005<br />
47<br />
(a)<br />
The additions in property, plant and equipment were acquired by way of:<br />
COMPANY<br />
2005 2004<br />
RM’000 RM’000<br />
Cash 474 269<br />
Hire purchase and leasing - 386<br />
474 655<br />
(b)<br />
(c)<br />
This represents dividend income and sale proceeds of securities in respect of the Company’s quoted investments that have been<br />
pledged to financial institutions for credit facilities granted to the holding and related companies before the inception of the Revamped<br />
Listing Requirements of the Bursa Malaysia Securities <strong>Berhad</strong>. Such dividend income and sale proceeds were paid directly to the<br />
financial institutions concerned and accordingly, have been reflected as advances to the ultimate holding and related companies. In the<br />
current financial year ended 30 April 2005, the Company received repayments from its holding company and related companies in<br />
respect of the aforementioned.<br />
The closing cash and cash equivalents comprise the following:<br />
COMPANY<br />
2005 2004<br />
RM’000 RM’000<br />
Deposits (Note 14) 13,370 11,476<br />
Cash and bank balances 599 38<br />
Bank overdrafts (Note 17) (31,563) (52,191)<br />
(17,594) (40,677)<br />
The deposits with financial institutions amounting to RM13,370,000 (2004 : RM11,026,000) are pledged for banking facilities granted to<br />
the Company.<br />
The accompanying notes form an integral part of these financial statements.
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