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 />
81<br />
30 FINANCE COSTS<br />
Group<br />
Company<br />
2005 2004 2005 2004<br />
RM’000 RM’000 RM’000 RM’000<br />
Interest expense<br />
- loans 66,546 60,938 39,732 26,896<br />
- other borrowings 3,264 1,183 - -<br />
- hire purchase 7,657 3,486 17 78<br />
- inter-company<br />
- subsidiary companies - - 2,012 3,502<br />
- associated company 49,434 58,928 28,947 39,306<br />
- irredeemable convertible unsecured loan stocks 26,024 31,414 44,424 44,645<br />
Loan related expenses 60 9 - -<br />
152,985 155,958 115,132 114,427<br />
31 TAXATION<br />
Group<br />
Company<br />
2005 2004 2005 2004<br />
RM’000 RM’000 RM’000 RM’000<br />
Income tax:<br />
Malaysian income tax 15,996 23,254 48,498 44,080<br />
Foreign tax 5,272 5,512 - -<br />
Under/(Over) provision in prior years:<br />
- Malaysian income tax 836 2,047 1,238 1,669<br />
- Foreign tax (359) (29) - -<br />
21,745 30,784 49,736 45,749<br />
Deferred taxation (Note 24):<br />
Relating to origination and reversal of temporary differences (17,988) 9,265 (8,627) 7,303<br />
Underprovision in prior years 1,776 246 - -<br />
(16,212) 9,511 (8,627) 7,303<br />
Share of taxation of associated companies 63,989 48,553 - -<br />
Withholding tax - 480 - -<br />
Real property gains tax 1,285 233 - -<br />
70,807 89,561 41,109 53,052<br />
Malaysian income tax is calculated at the Malaysian statutory income tax rate of 28% (2004 : 28%) of the estimated assessable profit<br />
for the year. Taxation for other jurisdictions is calculated at the rates prevailing in the respective jurisdictions.