Notes to the Financial Statements - SingTel
Notes to the Financial Statements - SingTel
Notes to the Financial Statements - SingTel
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<strong>Notes</strong> <strong>to</strong> <strong>the</strong> <strong>Financial</strong> <strong>Statements</strong>For <strong>the</strong> financial year ended 31 March 201145.5 Joint venture companies held by <strong>the</strong> Group (Cont’d)Percentage of effectiveCountry of equity interest heldName of joint venture company Principal activities incorporation by <strong>the</strong> Group2011 2010% %23. VA Dynamics Sdn Bhd (1) Distribution of networking cables Malaysia 49.0 49.0and related products<strong>Notes</strong>:(1) The company has been equity accounted for in <strong>the</strong> consolidated financial statements based on <strong>the</strong> results ended, or as at, 31 December2010, <strong>the</strong> financial year-end of <strong>the</strong> company.(2) Audited by KPMG Phoomchai Audit Ltd, Bangkok.(3) Audited by S.R.Batliboi & Associates, New Delhi (a member firm of Ernst & Young).(4) Audited by SGV & Co. (a member firm of Ernst & Young).(5) Audited by S. F. Ahmed & Co (SFACO) (an international associate firm of Ernst & Young).(6) Audited by Tanudiredja Wibisana & Rekan (a member firm of PricewaterhouseCoopers).(7) Audited by KPMG, Bermuda.194 SINGAPORE TELECOMMUNICATIONS LIMITED AND SUBSIDIARY COMPANIES
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