Annual Report Laporan Tahunan - Baiduri Bank

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Notes to Financial Statements December 31, 2008 9 OTHER INVESTMENTS The investments consist of: - The Group/The Company 2008 2007 B$’000 B$’000 Quoted investments, at cost 181,478 183,767 Unquoted investments, at cost - - Less: Allowance for impairment 181,478 183,767 (45,000) (9,000) 136,478 174,767 The quoted investments with cost amounting $170,474,130 (2007:$134,340,000), coupon rate ranging 1.25% to 4.91% (2007: 2.187% to 4.91%) per annum and maturity dates ranging from August 15, 2010 to October 10, 2011 (2007: January 24, 2008 to December 20, 2012) are held to maturity. The unquoted investments consist of the following: - Name of Company Principal Activities Percentage of Paid and Place of Incorporation Up Capital Held 2008 2007 SBI Garment Industries Sdn Bhd Garment manufacturer 100% 100% (Brunei Darussalam) 10 GOODWILL ON CONSOLIDATION The Group 2008 2007 B$’000 B$’000 At cost 249 249 Accumulated amortisation Balance at the beginning of the year 125 100 Amortisation charge for the year 24 25 Balance at the end of the year 149 125 Net book value at the end of the year 100 124 Baiduri Bank Annual Report 2008 35
Notes to Financial Statements December 31, 2008 11 Property, plant and equipment The Group Freehold Leasehold Lands & Lands & Leasehold Office Buildings Buildings Improvements Computers Equipment B$’000 B$’000 B$’000 B$’000 B$’000 Cost At the beginning of the year 3,175 4,368 5,814 23,237 3,508 Additions 1,614 43 2,662 2,144 488 Reclassification - 19 (19) - - Disposal/written off - - (59) (9) (104) At the end of the year 4,789 4,430 8,398 25,372 3,892 Accumulated depreciation At the beginning of the year 203 1,112 4,064 14,749 2,590 Depreciation for the year 73 257 760 2,670 367 Disposal/written off - - - (8) (100) At the end of the year 276 1,369 4,824 17,411 2,857 Depreciation for prior year 60 251 466 2,467 285 Net book value: At the beginning of the year 2,972 3,256 1,750 8,488 918 At the end of the year 4,513 3,061 3,574 7,961 1,035 Office Household Furniture Furniture & Motor and Fittings Equipment Vehicles Total B$’000 B$’000 B$’000 B$’000 Cost At the beginning of the year 681 87 792 41,662 Additions 206 14 59 7,230 Reclassification - - - - Disposal/written off (1) - (60) (233) At the end of the year 886 101 791 48,659 Accumulated depreciation At the beginning of the year 470 33 458 23,679 Depreciation for the year 40 15 138 4,320 Disposal/written off - - (60) (168) At the end of the year 510 48 536 27,831 Depreciation for prior year 40 14 127 3,710 Net book value: At the beginning of the year 211 54 334 17,983 At the end of the year 376 53 255 20,828 The period of lease of the leasehold lands and buildings ranging from 15 to 82 years, expire ranging from April 2016 to March 2088. 36 Baiduri Bank Annual Report 2008
Page 1 and 2: Annual Report Laporan Tahunan
Page 4 and 5: Vision & Mission Statement VISION T
Page 6 and 7: Chairperson’s Statement and large
Page 8 and 9: Corporate Information MANAGEMENT CO
Page 10 and 11: 2008 Key Financial Figures OPERATIN
Page 12 and 13: 2008 Corporate Highlights Baiduri B
Page 14 and 15: Business Highlights Established in
Page 16 and 17: Operations Management The role of t
Page 18 and 19: Corporate Social Responsibility Bai
Page 20 and 21: Corporate Social Responsibility Pro
Page 22 and 23: Financial Statements For the year e
Page 24 and 25: Report of the Directors Directors T
Page 26 and 27: Balance Sheets December 31, 2008 Th
Page 28 and 29: Statements of Changes in Equity Yea
Page 30 and 31: Notes to Financial Statements Decem
Page 44 and 45: Offices, Branches and ATM Network B
Page 46: Head Office: Block A, Units 1-4, Ki

Annual Report Laporan Tahunan - Baiduri Bank

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