MIMOS Annual Report 2007
MIMOS Annual Report 2007
MIMOS Annual Report 2007
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<strong>MIMOS</strong> Berhad25. FUNDS ACCOUNTS (CONTD.)GroupCompany<strong>2007</strong> 2006 <strong>2007</strong> 2006RM RM RM RM(d)Other FundsAt beginning of year 3,040,000 - 3,040,000 -Add : Grants receivedfrom the Governmentof Malaysia 120,227,562 3,040,000 120,227,562 3,040,000123,267,562 3,040,000 123,267,562 3,040,000Less: Amortised to IncomeStatement expenses (3,456,880) - (3,456,880) -At end of year 119,810,682 3,040,000 119,810,682 3,040,000This represents funds received from the Government of Malaysia for research purposes.26. RELATED PARTY DISCLOSURESGroupCompany<strong>2007</strong> 2006 <strong>2007</strong> 2006RM RM RM RMInterest charged to asubsidiary company - - - 1,428,797Reimbursement fees chargedto a subsidiary company - - - 1,200,000Management fees payableto an associated company - 2,073,555 - -Purchase from subsidiarycompany - - 908,034 2,124,537Purchase from associatecompany - - - 345,562Lease of computersfrom subsidiary company - - 1,135,918 -Purchases from ashareholder of a subsidiarycompany, IntegratedSilicon SolutionIncorporated 1,977,575 2 ,069,181 - -112<strong>Annual</strong> <strong>Report</strong> <strong>2007</strong>
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