2012 Annual Report - Media Prima Berhad
2012 Annual Report - Media Prima Berhad
2012 Annual Report - Media Prima Berhad
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<strong>Media</strong> <strong>Prima</strong> <strong>Berhad</strong><br />
Notes to<br />
the Financial Statements<br />
for the financial year ended 31 December <strong>2012</strong><br />
27 ASSOCIATES<br />
Group<br />
<strong>2012</strong> 2011 1.1.2011<br />
Restated Restated<br />
RM’000 RM’000 RM’000<br />
Share of net assets 163,345 159,019 155,912<br />
The Group’s share of revenue, profit, assets and liabilities of the associates are as follows:<br />
Group<br />
<strong>2012</strong> 2011<br />
RM’000 RM’000<br />
Revenue 107,907 114,449<br />
Net profit for the financial year 7,926 3,107<br />
<strong>2012</strong> 2011 1.1.2011<br />
RM’000 RM’000 RM’000<br />
Non-current assets 169,570 181,205 191,917<br />
Current assets 20,507 25,202 21,715<br />
Current liabilities (19,311) (36,095) (32,417)<br />
Non-current liabilities (7,421) (11,293) (25,303)<br />
Share of net assets 163,345 159,019 155,912<br />
Details of the associates, all of which are incorporated in Malaysia, are as follows:<br />
Name of company Principal activities Group effective interest in equity<br />
<strong>2012</strong> 2011 1.1.2011<br />
% % %<br />
Sistem Network Nusantara Dormant 49.00 49.00 49.00<br />
Sdn Bhd<br />
Held by NSTP<br />
Asia Magazines Limited Dormant 26.41^ 26.41^ 26.41^<br />
(Incorporated in Hong Kong)<br />
Business Day Co. Ltd Dormant 46.63^ 46.63^ 46.63^<br />
(Incorporated in Thailand)<br />
Malaysian Newsprint Manufacture and sale of newsprint 21.00^ 21.00^ 21.00^<br />
Industries Sdn Bhd<br />
and related paper products<br />
218<br />
annual<br />
report<br />
<strong>2012</strong><br />
Laras Perkasa Sdn Bhd Dormant 29.45^ 29.45^ 29.45^<br />
^ Effective interest via 98.17% interest in NSTP
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