Pg 147 - Berjaya Corporation Berhad

6 SUBSIDIARY COMPANIESGroup2006 2005RM’000 RM’000Unquoted shares, at cost/written down value 1,709,393 1,781,887Less: Accumulated impairment losses of unquoted shares (9,349) (9,349)The details of the subsidiary companies are set out in Note 40 to the financial statements.1,700,044 1,772,5387 ASSOCIATED COMPANIESGroupCompany2006 2005 2006 2005RM’000 RM’000 RM’000 RM’000Quoted shares in Malaysia, at cost 1,545,111 1,741,037 387,080 454,919Quoted shares outside Malaysia, at cost 88,165 78,432 - -Unquoted shares, at cost/ written down value 66,355 72,812 1,800 1,800Foreign currency translation (4,107) - - -1,695,524 1,892,281 388,880 456,719Share of post acquisition reserves 9,277 (24,505) - -Less: Accumulated loss on deemed disposal (134,144) (202,884) - -(124,867) (227,389) - -1,570,657 1,664,892 388,880 456,719Less: Accumulated impairment losses- quoted shares outside Malaysia (24,236) (18,783) - -- unquoted shares (26,315) (20,315) (1,800) (1,800)(50,551) (39,098) (1,800) (1,800)1,520,106 1,625,794 387,080 454,919Market value of quoted shares:- in Malaysia 3,017,110 2,131,841 1,207,661 814,692- outside Malaysia 26,270 39,714 - -The details of the associated companies are set out in Note 40 to the financial statements.Certain quoted shares of the Group and of the Company at cost of RM1,579,403,000 (2005: RM1,640,257,000) and RM383,838,000(2005: RM454,920,000) respectively have been pledged to financial institutions for credit facilities granted to the Company, subsidiary,penultimate holding and related companies.The Group’s interests in associated companies are analysed as below:Group2006 2005RM’000 RM’000Share of net tangible assets 443,023 558,074Share of intangible assets 313,778 307,517756,801 865,591Net premium on acquisition 763,305 760,2031,520,106 1,625,794Berjaya Land Berhad (201765-A) Annual Report 200663