Pg 147 - Berjaya Corporation Berhad

More documents

Recommendations

Info

Berjaya Land Berhad (201765-A) 64 Annual Report 2005 Notes To The Financial Statements 30 April 2005 9 INTANGIBLE ASSETS (CONT’D) Group 2005 2004 RM’000 RM’000 (c) Others: Right to receive Special Cash Sweep royalty revenue 6,963 6,963 Less: Amortisation (750) (583) Less: Deconsolidated on dilution of equity interest in a subsidiary company (6,213) - - 6,380 20,842 147,872 10 PROPERTY DEVELOPMENT COSTS Group 2005 2004 RM’000 RM’000 At 1 May 2004/2003 - freehold land 235,027 254,970 - long leasehold land 151,645 151,522 - development costs 498,026 504,710 - write down of development costs (4,000) (4,000) 880,698 907,202 Costs incurred/(adjusted) during the year: - freehold land 12,621 (131) - development costs 78,737 90,210 91,358 90,079 Costs recognised in income statement: - at 1 May 2004/2003 (552,401) (500,116) - recognised during the year (99,548) (133,212) - eliminated due to completion of projects 216,008 79,074 - disposal - 1,854 - at 30 April 2005/2004 (435,941) (552,400) Disposal during the year: - freehold land - (547) - development costs - (1,307) - (1,854) Transfers during the year: - from/(to) land held for development 350 (28,455) - to inventories (6,784) (7,197) (6,434) (35,652)
Berjaya Land Berhad (201765-A) Annual Report 2005 65 10 PROPERTY DEVELOPMENT COSTS (CONT’D) Group 2005 2004 RM’000 RM’000 Costs eliminated during the year due to completion of projects: - freehold land (5,698) (6,608) - long leasehold land (1,396) - - development costs (208,914) (72,466) (216,008) (79,074) Carrying value at 30 April 2005/2004 313,673 328,301 Included in the property development cost is interest capitalised for the year amounting to RM951,000 (2004 : RM973,000). Development properties at carrying value of RM268,462,000 (2004 : RM282,305,000) have been pledged to financial institutions for credit facilities granted to the subsidiary companies. 11 INVENTORIES Group 2005 2004 RM’000 RM’000 At cost: Property inventories 37,385 33,511 Ticket inventories - 116 Stores and consumables 10,341 9,215 Gaming equipment components and parts - 257 At net realisable value: Property inventories 360 801 48,086 43,900 The cost of inventories recognised as an expense during the financial year in the Group amounted to RM25,302,000 (2004 : RM22,714,000). 12 AMOUNT DUE FROM HOLDING COMPANY This represents the amount due to the Group and the Company by BGB. This amount is interest bearing and the Directors expect BGB to settle the inter-company balance due to the Group within the financial year ending 30 April 2006.
Page 2 and 3:
Contents 1 2 3 9 12 18 20 21 22 25
Page 4 and 5:
Berjaya Land Berhad (201765-A) 2 An
Page 6 and 7:
Page 8 and 9:
Page 10 and 11:
Page 12 and 13:
Berjaya Land Berhad (201765-A) 10 A
Page 14 and 15:
12 Berjaya Land Berhad (201765-A) A
Page 16 and 17: Berjaya Land Berhad (201765-A) 14 A
Page 20 and 21: 18 Berjaya Land Berhad (201765-A) A
Page 102 and 103: Berjaya Land Berhad (201765-A) 100
Page 116 and 117:
Berjaya Land Berhad (201765-A) 114
Page 118 and 119:
Page 120 and 121:
Page 122 and 123:
Page 124 and 125:
Page 126 and 127:
Page 128 and 129:
Page 130 and 131:
Page 132 and 133:
Page 134 and 135:
Page 136 and 137:
Page 138 and 139:
Fold this flap for sealing Affix St
show all

Pg 147 - Berjaya Corporation Berhad

Create successful ePaper yourself

Delete template?

Save as template?