2012 Annual Report - Media Prima Berhad
2012 Annual Report - Media Prima Berhad
2012 Annual Report - Media Prima Berhad
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4. NON-AUDIT FEES<br />
The amount of Non-Audit Fees paid/payable to<br />
external auditors and their affiliated companies<br />
by the Company for the financial year ended<br />
31 December <strong>2012</strong> is set out in Note 6 to the<br />
financial statements for the financial year ended<br />
31 December <strong>2012</strong> on page 181 of this<br />
<strong>Annual</strong> <strong>Report</strong>.<br />
5. PROFIT GUARANTEE<br />
There was no profit guarantee for the financial<br />
year ended 31 December <strong>2012</strong>.<br />
6. LIST OF PROPERTIES AND REVALUATION<br />
POLICY<br />
The list of properties is set out on pages 261 to<br />
266 of this <strong>Annual</strong> <strong>Report</strong>. There was no<br />
revaluation of properties of the Group during the<br />
financial year other than the result of MFRS 1<br />
exemption options whereby the Group elected<br />
to measure certain properties at fair value as at<br />
transition date as their deemed cost as at that<br />
date. This has been disclosed in Note 24 and<br />
Note 25 to the financial statements for the<br />
financial year ended 31 December <strong>2012</strong> on<br />
pages 204 to 211 of this <strong>Annual</strong> <strong>Report</strong>.<br />
7. MATERIAL CONTRACTS<br />
There have been no material contracts involving<br />
Directors and Major Shareholders’ interests<br />
entered into since the end of the previous<br />
financial year.<br />
8. SANCTIONS AND/OR PENALTIES<br />
There were no significant sanctions and/or<br />
penalties imposed on the Company and/or its<br />
subsidiary companies, Directors or management<br />
by the relevant regulatory bodies during the<br />
financial year.<br />
9. VARIATION IN RESULTS<br />
There were no variations in results (differ by<br />
10% or more) from any profit estimate/forecast/<br />
projection/unaudited results announced.<br />
10. UTILISATION OF PROCEEDS<br />
On 23 March 2010, the Company issued 4.95%<br />
Redeemable Fixed Rate Bonds at a total nominal<br />
value of RM150.0 million with 50 million<br />
detachable warrants on a bought deal basis to<br />
Affin Investment Bank <strong>Berhad</strong> and Affin Bank<br />
<strong>Berhad</strong>, in accordance with the Trust Deed<br />
governing the Bonds dated 23 February 2010.<br />
Proceeds from the issuance of RM143.7 million<br />
Bonds have been utilised for the following<br />
purposes:<br />
(i)<br />
(ii)<br />
TELEVISION<br />
NETWORKS<br />
RADIO OUTDOOR<br />
NETWORKS<br />
Repayment of the Bridging Loan of RM53.6<br />
million; and<br />
Finance investments in media related assets<br />
of RM19.9 million, RM15.8 million and<br />
RM23.1 million in Year 2010, 2011 and<br />
<strong>2012</strong>, respectively.<br />
The remaining balance of RM31.3 million will be<br />
utilised for MPB’s investments in media related<br />
assets/new investments in media related assets<br />
and capital expenditure in the future.<br />
11. RECURRENT RELATED PARTY<br />
TRANSACTIONS (“RRPTs”) OF REVENUE<br />
NATURE<br />
There were no RRPTs during the financial year<br />
ended 31 December <strong>2012</strong>.<br />
PRINT<br />
CONTENT<br />
CREATION<br />
NEW MEDIA<br />
119<br />
annual<br />
report<br />
<strong>2012</strong><br />
From Our Perspective Who We Are Our Strategy & Achievements Our Performance Our Responsibility Our Leadership Corporate Governance The Financials Additional Information
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