Amtel Holdings Berhad - Company Announcements - Bursa Malaysia

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18. BANK BORROWINGS (CONT’D) The bank overdrafts, bills payable and revolving credit facilities are repayable within one year, bear interest at rates ranging from 5.00% to 8.95% (2002 : 5.15% to 9.30%) per annum including the term loans facilities as mentioned in note 22 to the financial statements which are secured and supported by the following:- (a) first legal charges over the freehold land of a subsidiary company, Metrarama Sdn. Bhd., and leasehold properties of subsidiary companies, Amtel Industries Sdn. Bhd. and Viva-World Industries Sdn. Bhd.; (b) debenture comprising fixed and floating charges over all property, plant and equipment of a subsidiary company, Viva-World Industries Sdn. Bhd.; (c) fixed deposits with licensed banks and finance company of subsidiary companies, Topweb Sdn. Bhd. and Amtel Resources Sdn. Bhd.; (d) corporate guarantees from the Company; and (e) Credit Guarantee Corporation Sdn. Bhd.’s Guarantee Cover of RM1,040,000/-. The maturity profile and effective interest rates are disclosed in note 40(a)(ii) to the financial statements. 19. HIRE PURCHASE PAYABLES GROUP COMPANY 2003 2002 2003 2002 RM RM RM RM Total instalment payments 1,527,166 600,318 459,285 21,604 Less: Future finance charges (191,735) (58,471) (76,839) (3,299) Present value of hire purchase liabilities 1,335,431 541,847 382,446 18,305 Repayable within 1 year Total instalment payments 576,805 349,947 89,916 21,604 Less: Future finance charges (87,210) (39,278) (23,550) (3,299) Present value of hire purchase liabilities 489,595 310,669 66,366 18,305 Repayable after 1 year but not later than 2 years Total instalment payments 431,237 190,473 89,916 - Less: Future finance charges (48,658) (11,675) (18,192) - Present value of hire purchase liabilities 382,579 178,798 71,724 - Repayable after 2 years but not later than 5 years NOTES TO THE FINANCIAL STATEMENTS (Cont’d) Total instalment payments 389,098 46,722 182,487 - Less: Future finance charges (50,228) (4,768) (30,491) - Present value of hire purchase liabilities 338,870 41,954 151,996 - Amtel Holdings Berhad 2003 annual report 51
52 NOTES TO THE FINANCIAL STATEMENTS (Cont’d) 19. HIRE PURCHASE PAYABLES (CONT’D) Repayable after 5 years GROUP COMPANY 2003 2002 2003 2002 RM RM RM RM Total instalment payments 130,026 13,176 96,966 - Less: Future finance charges (5,639) (2,750) (4,606) - Present value of hire purchase liabilities 124,387 10,426 92,360 - Total present value of hire purchase liabilities 1,335,431 541,847 382,446 18,305 Present value of hire purchase liabilities - Within 1 year 489,595 310,669 66,366 18,305 - More than 1 year 845,836 231,178 316,080 - 1,335,431 541,847 382,446 18,305 The maturity profile and effective interest rates are disclosed in note 40(a)(ii) to the financial statements. 20. SHARE CAPITAL Ordinary shares of RM1/- each GROUP/COMPANY 2003 2002 RM RM Authorised: 100,000,000 ordinary shares 100,000,000 100,000,000 Issued and fully paid: At beginning of the year 41,866,667 31,400,000 Bonus issue - 10,466,667 At end of the year 41,866,667 41,866,667 21. RESERVES GROUP COMPANY 2003 2002 2003 2002 RM RM RM RM Non-distributable Share premium (note 33) 4,823,848 4,823,848 4,823,848 4,823,848 Capital redemption reserve (note 34) - - - - Reserve on consolidation (note 35) 68,522 129,904 - - Balance carried down 4,892,370 4,953,752 4,823,848 4,823,848 Amtel Holdings Berhad 2003 annual report
Page 1 and 2: 2003 Annual Report Amtel Holdings B
Page 3 and 4: 2 Notice of the Seventh Annual Gene
Page 5 and 6: 4 Statement Accompanying Notice of
Page 7 and 8: 6 Profile of Directors Amtel Holdin
Page 9 and 10: 8 Amtel Holdings Berhad 2003 annual
Page 11 and 12: 10 Amtel Holdings Berhad 2003 annua
Page 17 and 18: 16 Chairman’s Statement It gives
Page 23 and 24: 22 Statement of Internal Control Am
Page 27 and 28: 26 DIRECTORS’ REPORT The Director
Page 29 and 30: 28 DIRECTORS OF THE COMPANY (CONT
Page 31 and 32: 30 REPORT OF THE AUDITORS to the me
Page 33 and 34: 32 BALANCE SHEETS (Cont’d) GROUP
Page 35 and 36: 34 STATEMENTS OF CHANGES IN EQUITY
Page 37 and 38: 36 CASH FLOW STATEMENTS (Cont’d)
Page 39 and 40: 38 NOTES TO THE FINANCIAL STATEMENT
Page 51: 50 NOTES TO THE FINANCIAL STATEMENT
Page 75 and 76: 74 LIST OF PROPERTIES (Cont’d) Ap
Page 77 and 78: 76 LIST OF PROPERTIES (Cont’d) Ap
Page 79 and 80: 78 ANALYSIS OF SHAREHOLDINGS as at
Page 81 and 82: 80 ANALYSIS OF SHAREHOLDINGS (Cont
Page 83 and 84: Then fold here First fold here Amte

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