MIMOS Annual Report 2007

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9. INTANGIBLE ASSETS (CONTD.)CompanyComputerSoftwaresRMCostAt 1 January 2007 26,624,010Additions 13,874,815Transfer -Written off (657,596)At 31 December 2007 39,841,229Accumulated amortisation and impairmentlossessAt 1 January 2007 8,643,861Amortisation 5,879,486Impairment 11,021,373Transfer -Written off (165,128)At 31 December 2007 25,379,592Net carrying amountAt 31 December 2007 14,461,637At 31 December 2006 17,980,14910. INVESTMENT IN SUBSIDIARIES2007 2006RMRMUnquoted shares, at cost 123,003,602 123,003,602Less : Accumulated impairment loss (80,574,443) (72,431,718)42,429,159 50,571,884Details of the subsidiaries are as follows:Country of PrincipalName of Company Incorporation Activities 2007 2006% %MIMOS Smart Computing Malaysia Assembly for 100 100Sdn. Bhd.sales and leaseof computerhardware andsoftwareAnnual Report 2007 97
MIMOS Berhad10. INVESTMENT IN SUBSIDIARIES (CONTD.)Country ofPrincipalName of Company Incorporation Activities 2007 2006% %MIMOS Semiconductor Malaysia Provision of 100 100(M) Sdn. Bhd.management andsemiconductorwafer fabricationservices andtrading ofsemiconductorwaferEncipta Ltd. Labuan, Investment 100 100MalaysiaholdingMalaysia Malaysia Designing 60 # 60 #Microelectronicand marketingSolutions Sdn. Bhd.of integratedcircuitproducts# 6% of the shares are vested with the trustee, HSBC (Malaysia) Trustee Berhad (the 'Trustee') pursuant to aTrust Deed dated 1 April 2001 entered into between the subsidiary company and the Trustee. The sharesare held in trust for options granted to the subsidiary company's employees to purchase its shares.11. INVESTMENT IN ASSOCIATESGroupCompany2007 2006 2007 2006RM RM RM RMUnquoted shares:At cost 8,963,186 8,963,186 8,950,289 8,950,289Share of post acquisitionreserves (5,993,461) (6,786,864) - -2,969,725 2,176,322 8,950,289 8,950,289Less: Accumulatedimpairment losses - - (4,900,288) (4,900,288)2,969,725 2,176,322 4,050,001 4,050,001The financial statements of the above associates are coterminous with those of the Group.98Annual Report 2007
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TransformingINNOVATIONSANNUAL REPOR
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CONCEPT RATIONALEIn everyday use, a
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Our Vision and MissionOur VisionTo
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Corporate InformationCompany Name:
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Corporate Structure100 %100 %100 %M
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10Annual Report 2007
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Senior Leadership TeamDato’ Abdul
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Foreword by the MinisterHarnessing
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President & CEO’s MessageThe year
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DRIVINGFrontier Technologies
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Growing Intellectual PropertyAt MIM
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Innovating Technologies and Platfor
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4.Communication TechnologyCommunica
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Fresh Engagement ModelAside from a
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National Angkasawan ProgrammeHistor
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BUILDINGOrganisational Excellence
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In achieving its vision to become a
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Capacity and Capability Development
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Advancing the Human Capital Develop
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CORPORATEMilestone
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13 March15 March6 MARCHMIMOS partic
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Page 50 and 51: 26 OCTOBERMIMOS received Technology
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Page 55 and 56: DIRECTORS REPORTThe directors prese
Page 57 and 58: OTHER STATUTORY INFORMATION(a) Befo
Page 59 and 60: MIMOS BerhadSTATEMENT BY DIRECTORSP
Page 61 and 62: MIMOS BerhadINCOME STATEMENTSGROUPC
Page 63 and 64: MIMOS BerhadBALANCE SHEETSAS AT 31
Page 65 and 66: MIMOS BerhadCOMPANY STATEMENT OF CH
Page 67 and 68: CONSOLIDATED CASH FLOW STATEMENT200
Page 69 and 70: CASH FLOW STATEMENTCASH FLOWS FROM
Page 71 and 72: 2. SIGNIFICANT ACCOUNTING POLICIES
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Page 87 and 88: 7. TAXATION (CONTD.)The Company was
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Page 91 and 92: 8. PROPERTY, PLANT AND EQUIPMENT (C
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Page 95 and 96: MIMOS Berhad8. PROPERTY, PLANT AND
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Page 103 and 104: MIMOS Berhad16. OTHER RECEIVABLESGr
Page 105 and 106: MIMOS Berhad(b) WarrantyA subsidiar
Page 107 and 108: MIMOS Berhad21. BORROWINGS (CONTD.)
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Page 111 and 112: MIMOS Berhad25. FUNDS ACCOUNTSGroup
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Page 115 and 116: MIMOS Berhad27. CAPITAL COMMITMENTS
Page 117: TransformingINNOVATIONSw w w . m i
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MIMOS Annual Report 2007

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