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A N N U A L R E P O R T 2 0 0 1 - IGB Corporation Berhad

A N N U A L R E P O R T 2 0 0 1 - IGB Corporation Berhad

A N N U A L R E P O R T 2 0 0 1 - IGB Corporation Berhad

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NOTES TO THE FINANCIAL STATEMENTSfor the financial year ended 31 December 20014. Profit from operations (continued)GroupCompany2001 2000 2001 2000RM ‘000 RM ‘000 RM ‘000 RM ‘000Profit from operations is stated aftercharging:Office rent 516 268 452 223Realised exchange losses 223 0 223 0Staff cost 25,770 28,609 2,380 2,950Write off of property, plant and equipment 85 0 0 0And crediting:Bad debts recovered 25 485 0 0Dividends received (gross) from:- Subsidiaries:- Unquoted in Malaysia 0 0 268 2,537- Associates:- Quoted in Malaysia 0 0 3,287 1,867- Quoted outside Malaysia 0 0 11,836 14,451- Unquoted 0 0 78 100- Quoted investments:- In Malaysia 1,011 459 459 459- Outside Malaysia 349 587 0 0Exchange gain:- Realised 1,820 0 0 0- Unrealised 1,124 450 0 0Interest income from:- Subsidiaries 0 0 21,928 27,612- Associates 0 765 0 765- Loan stocks 1,232 3,892 1,232 3,892- Fixed deposits 881 630 500 527Profit on disposal of property, plantand equipment 117 46 117 0Rental income 17 18 0 0Write back on allowance for doubtful debts 586 0 420 05. Directors’ remunerationGroupCompany2001 2000 2001 2000RM ‘000 RM ‘000 RM ‘000 RM ‘000Fees:- Directors of the Company 112 120 62 70- Other Directors 33 30 0 0Other emoluments:- Directors of the Company 1,288 1,263 1,252 1,058- Other Directors 915 589 0 02,348 2,002 1,314 1,128The Directors’ remuneration have been included in staff cost as disclosed in note 4.80<strong>IGB</strong> Annual Report 2001

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