Quality - UAC Berhad

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Notes to The Financial StatementsFor The Financial Year Ended 31 December 200523 SHARE CAPITAL (continued)Employees' Share Option Scheme (continued)2005 2004RM'000 RM'000Ordinary share capital - at par 643 783Share premium 1,728 1,990Proceeds received on exercise of share options 2,371 2,773Fair value of shares issued at exercise date 3,137 3,922The fair value of shares issued on the exercise of options is the monthly mean market price at which theCompany's share were traded on Bursa Malaysia Securities Berhad in the month of the exercise of the options.24 ASSETS REVALUATION RESERVEGroupCompany2005 2004 2005 2004RM'000 RM'000 RM'000 RM'000Revaluation surplus- Gross 5,773 5,773 4,993 4,993- Deferred tax (1,469) (1,469) (1,250) (1,250)4,304 4,304 3,743 3,74325 RETAINED EARNINGSSubject to the agreement with the Inland Revenue Board, the Company has sufficient exempt income account andtax credit under Section 108 of the Income Tax Act, 1967 to frank the payment of dividends out of all its retainedearnings as at 31 December 2005.78 UAC BERHAD (5149-H) (Incorporated in Malaysia)
Notes to The Financial StatementsFor The Financial Year Ended 31 December 200526 COMMITMENTSGroupCompany2005 2004 2005 2004RM'000 RM'000 RM'000 RM'000Approved capital expenditure notprovided for in the financial statements:Property, plant and equipment- contracted 50,862 389 50,473 389- not contracted 7,895 52,043 7,895 52,01158,757 52,432 58,368 52,40027 SIGNIFICANT RELATED PARTY DISCLOSURESaThe Group has transactions at negotiated prices established between the related parties as follows:2005 2004Group Note RM'000 RM'000Sales of goods to- Boustead Realty Sdn. Bhd. (i) 0 7,589- Boustead Building Materials Sdn. Bhd. (i) 26,070 17,922Rental of premises charged by- Boustead Realty Sdn. Bhd. (i) 417 416Purchase of services from- Boustead Shipping Agencies Sdn. Bhd. (i) 256 177- Boustead Travel Services Sdn. Bhd. (i) 270 256Purchase of fuel from- Boustead Petroleum Marketing Sdn. Bhd. (i) 145 0Purchase of asset from- Boustead Holdings Bhd. (i) 276 0Purchase of insurance from- Royal & Sun Alliance Insurance (M) Bhd. (ii) 617 620Note:(i) Boustead Holdings Bhd. is a significant shareholder of the Company. Boustead Realty Sdn. Bhd. (formerly known as Boustead JohanEdaran Sdn. Bhd.), Boustead Building Materials Sdn. Bhd., Boustead Shipping Agencies Sdn. Bhd., Boustead Travel Services Sdn. Bhd.and Boustead Petroleum Marketing Sdn. Bhd. are subsidiary companies of Boustead Holdings Bhd.(ii) Royal & Sun Alliance Insurance (M) Bhd. is an associate company of a significant shareholder, Boustead Holdings Bhd.UAC BERHAD (5149-H) (Incorporated in Malaysia) 79
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ContentsNotice of Annual General Me
Page 4 and 5:
Notice of Annual General MeetingPro
Page 6 and 7:
Corporate DataDIRECTORSJen (B) Tan
Page 10 and 11:
Profile of DirectorsJen (B) Tan Sri
Page 12 and 13:
Profile of DirectorsDatuk Alladin H
Page 14 and 15:
Profile of DirectorsTan Leh KiahAge
Page 16 and 17:
Chairman’s StatementTHE BUSINESS
Page 18 and 19:
Chairman’s StatementIn line with
Page 20 and 21:
Chairman’s StatementY. Bhg. Dato'
Page 22 and 23:
Penyata PengerusiPERSEKITARAN PERNI
Page 24 and 25:
Penyata PengerusiSelaras dengan kel
Page 26 and 27:
Penyata PengerusiY. Bhg. Dato' Siew
Page 28 and 29: Corporate Governance StatementThe C
Page 30 and 31: Corporate Governance StatementThe a
Page 32 and 33: Report of The Audit CommitteeThe Bo
Page 34 and 35: Report of The Audit CommitteeMEETIN
Page 36 and 37: Statement on Internal ControlINTROD
Page 38 and 39: Statement on Internal ControlENTERP
Page 41 and 42: Financial StatementsDirectors’ Re
Page 43 and 44: Directors’ ReportFor The Financia
Page 45 and 46: Directors’ ReportFor The Financia
Page 47 and 48: Report of The AuditorsTo The Member
Page 49 and 50: Balance SheetsAs At 31 December 200
Page 51 and 52: Company Statement of Changes in Equ
Page 53 and 54: Company Cash Flow StatementFor The
Page 55 and 56: Notes to The Financial StatementsFo
Page 67: Notes to The Financial StatementsFo
Page 82 and 83: Statements of ShareholdingsAs At 27
Page 84 and 85: Notes84
Page 86: fold hereAffixStampHereUAC BERHAD3r
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Quality - UAC Berhad

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