Annual Report - Bina Puri

Notes to and Forming Part of the Financial Statements (Cont’d)30. PROFIT FROM OPERATIONS (Cont’d)GroupCompany2007 2006 2007 2006RM’000 RM’000 RM’000 RM’000and crediting:Allowance for doubtful debts written back 36 1,134 25 204Amortisation of government grants 11 7 – –Bad debts recovered 33 69 – –Gain on disposal of property, plant and equipment 1,154 1,813 6 13Gain on foreign exchange- realised 178 129 – –- unrealised – 15 – –Hire of motor vehicles and machinery 900 1,365 – –Interest income 818 3 – –Interest expense waived by a subsidiary – – – 1,087Rental income from- investment properties 195 173 – –- others 121 309 451 449Estimated monetary value of benefits-in-kind received by the directors otherwise than in cash are as follows:GroupCompany2007 2006 2007 2006RM’000 RM’000 RM’000 RM’000Directors of the Company 82 86 24 24Directors of subsidiaries 21 16 – –31. FINANCE COSTSGroupCompany2007 2006 2007 2006RM’000 RM’000 RM’000 RM’000Finance costs incurred during the year comprise:Hire purchase term charges 423 353 13 10Interest expenses on bank borrowings 10,952 7,719 1,392 956Other interest expenses 143 – – –11,518 8,072 1,405 966Less:Finance costs classified in contract costs under cost of salesHire purchase term charges 175 159 – –Interest expenses on bank borrowings 6,140 2,382 735 265Other interest expenses 141 – – –5,062 5,531 670 70190 BINA PURI HOLDINGS BHDAnnual Report 2007