2001 Annual Report - Kian Joo Can

NOTES TO THE FINANCIAL STAT E M E N T S
31 December 2001 ( c o n t ’ d )
5. INVESTMENT IN ASSOCIATED COMPANY (cont’d)
Group
2001 2000
RM'000 RM'000
(b)
Group's interest in associated company:
Group's share of net tangible assets (NTA) 20,167 16,772
The amount due from associated company is trade related, unsecured, non-interest bearing and has no fixed
term of repayment.
The details of the associated company are set out in Note 29 to the financial statements.
6. INVESTMENT
Group/Company
2001 2000
RM'000 RM'000
Debentures at cost (unquoted) 450 600
7. GOODWILL ON CONSOLIDATION
Group
2001 2000
RM'000 RM'000
At 1 January - -
Arising from acquisition of a subsidiary company - 9,327
Written off against
- Reserve on consolidation (Note 15) - (4,814)
- Revaluation reserve (Note 15) - (4,513)
- -
8. INVENTORIES
Group
Company
2001 2000 2001 2000
RM'000 RM'000 RM'000 RM'000
Raw materials
- at cost 67,447 65,055 8,892 16,231
- at net realisable value 86 12,125 - -
Work-in-progress
- at cost 7,562 9,942 5,053 6,682
- at net realisable value 1,592 1,485 74 -
Finished goods
- at cost 22,282 21,854 5,893 5,947
- at net realisable value 1,127 4,643 - -
Spare parts and consumables
- at cost 6,513 6,049 - -
Goods in transit
- at cost 3,519 2,073 - -
110,128 123,226 19,912 28,860
KIAN JOO CAN FACTORY BERHAD (3186-P)
2001 / Annual Report . 45