2001 Annual Report - Kian Joo Can

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FI N A N C I A L s t a t e m e n t s Directors’ Report Statement by Directors Statutory Declaration Report of the Auditors Balance Sheets Income Statements Consolidated Statement of Changes in Equity Statement of Changes in Equity Consolidated Cash Flow Statement Cash Flow Statement Notes to the Financial Statements 22 28 28 29 30 31 32 33 34 36 37 KIAN JOO CAN FACTORY BERHAD (3186-P) 2001 / Annual Report . 21
D I R E C T O R S ’ R e p o r t The Directors have pleasure in presenting their report together with the audited financial statements of the Group and of the Company for the year ended 31 December 2001. PRINCIPAL ACTIVITIES The principal activities of the Company are that of manufacture and distribution of tin cans and investment holding. The principal activities of the Group include the manufacture and distribution of tin cans, 2-piece aluminium beverage cans, polyethelene terephalate products and corrugated fibreboard cartons, provision of engineering services, letting of property and provision of share registration and management services. There have been no significant changes in the nature of these activities during the year. FINANCIAL RESULTS Group RM'000 Company RM'000 Profit after taxation 31,555 22,929 Minority interest (1,372) - Profit after taxation and minority interest 30,183 22,929 Dividends (11,572) (11,572) Retained profit for the year 18,611 11,357 All material transfers to or from reserves or provisions during the year are shown in the financial statements. In the opinion of the Directors, the results of the operations of the Group and of the Company during the financial year have not been substantially affected by any item, transaction or event of a material and unusual nature. DIVIDENDS The dividends paid or declared by the Company since the date of the last report were as follows:- In respect of the financial year ended 31 December 2000 as shown in the Directors' Report of that financial year:- RM'000 Final dividend of 10%, tax exempt 5,786 In respect of the financial year ended 31 December 2001:- Interim dividend of 10%, tax exempt 5,786 The Directors now recommend a final dividend of 10%, tax exempt, amounting to RM5,786,000 in respect of the current financial year, subject to the approval of shareholders at the forthcoming Annual General Meeting of the Company. EMPLOYEES' SHARE OPTION SCHEME The Employees' Share Option Scheme ("Scheme") was approved by the shareholders at an Extraordinary General Meeting held on 31 January 2002. 22 . Annual Report / 2001 KIAN JOO CAN FACTORY BERHAD (3186-P)
Page 1 and 2: (Incorporated In Malaysia) (3186-P)
Page 3 and 4: NOTICE OF Annual General Meeting NO
Page 5 and 6: CORPORATE Information DIRECTORS Y.A
Page 7 and 8: FIVE YEAR Financial Highlights 2001
Page 9 and 10: PROFILE OF Directors YAM TUNKU NAQU
Page 11 and 12: PROFILE OF Directors (Cont’d) SEE
Page 13 and 14: Corporate Governance Statement (Con
Page 15 and 16: Corporate Governance Statement (Con
Page 17 and 18: AUDIT COMMITTEE Report MEMBERSHIPS
Page 19 and 20: AUDIT COMMITTEE Report (Cont’d) S
Page 21: CHAIRMAN’S Statement (Cont’d) G
Page 25 and 26: D I R E C T O R S ’ R e p o r t (
Page 27 and 28: D I R E C T O R S ’ R e p o rt (
Page 29 and 30: STATEMENT BY DIRECTORS Pursuant to
Page 31 and 32: BALANCE SHEETS as at 31 December 20
Page 33 and 34: CONSOLIDATED STATEMENT OF CHANGES I
Page 35 and 36: C O N S O L I D ATED CASH FLOW STAT
Page 37 and 38: CASH FLOW STAT E M E N T for the ye
Page 39 and 40: NOTES TO THE FINANCIAL STAT E M E N
Page 59 and 60: LIST OF PROPERT I E S as at 31 Dece
Page 61 and 62: A N A LYSIS OF SHAREHOLDINGS as at
Page 63 and 64: D A I N R A E C LYSIS T O R S OF
Page 65: Please fold here Affix stamp here T

2001 Annual Report - Kian Joo Can

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