directors - The Lion Group

More documents

Recommendations

Info

(iii) ANALYSIS OF DILUTION OF SUBSIDIARY COMPANIES (Forward) 42 2005 2004 RM’000 RM’000 Property, plant and equipment – 5,630 Investment in associated companies – 405,390 Long-term investments – 33,762 Inventories – 11,869 Short-term investments – 6,209 Trade receivables – 718 Other receivables, deposits and prepayments – 236,183 Deposits, cash and bank balances – 207,207 Trade payables – (1,155) Other payables, deposits and accruals – (204,030) Tax liabilities – (13,764) Goodwill – 30 Minority interests – (278,685) Fair value of net assets diluted – 409,364 Negative goodwill – (46,514) – 362,850 Reclassified to investment in associated companies – (317,207) Loss on dilution recognised in reserve – (45,643) – – Less: Cash and cash equivalents diluted – (207,207) Cash flow on dilution – (207,207)
<strong>The</strong> Company 43 2005 2004 Note RM’000 RM’000 CASH FLOWS FROM/(USED IN) OPERATING ACTIVITIES Profit before tax 2,070 9,142 Adjustments for: Interest expense 35,584 38,329 Allowance for: Diminution in value of investments 4,000 5,000 Doubtful other receivables – 450 Depreciation of property, plant and equipment 3,139 2,949 Provision for compensation on late delivery – 597 Loss on disposal of a subsidiary company 5,367 – Gain on disposal of property, plant and equipment (68) – Dividend income (22,405) (6,426) Reversal of impairment losses on investment in subsidiary companies – (22,000) Interest income (28,034) (23,471) Operating (Loss)/Profit Before Working Capital Changes (347) 4,570 (Increase)/Decrease in: Property development costs (219) 8,472 Inventories – (43) Trade receivables 1,447 (1,806) Other receivables, deposits and prepayments 1,035 (1,575) Increase/(Decrease) in: Trade payables 386 (668) Other payables, deposits and accruals (1,721) 3,907 Cash Generated From Operations 581 12,857 Income tax paid (757) (2,109) Net Cash (Used In)/Generated From Operating Activities (176) 10,748 CASH FLOWS FROM/(USED IN) INVESTING ACTIVITIES Purchase of property, plant and equipment (Note) (1,230) (115) Proceeds from disposal of property, plant and equipment 68 – Proceeds from disposal/redemption of investments 8,333 28,717 Dividend received 19,132 4,627 Decrease in: Amount owing by subsidiary companies 108,926 7,936 Amount owing by associated companies – 3 Land held for property development – 325 Interest received 3,531 6,623 Net Cash Generated From Investing Activities 138,760 48,116 (Forward)
Page 2 and 3: CONTENTS The inner pages are printe
Page 4 and 5: 7.2 Proposed Renewal of Shareholder
Page 6 and 7: STATEMENT ACCOMPANYING NOTICE OF AN
Page 8 and 9: DIRECTORS’ PROFILE Tan Sri Dato
Page 10 and 11: Cheng Yong Liang Non-Independent No
Page 12 and 13: Supply of Information The Board mem
Page 14 and 15: Financial Reporting The Board aims
Page 16 and 17: AUDIT COMMITTEE REPORT COMPOSITION
Page 18 and 19: ACTIVITIES DURING THE FINANCIAL YEA
Page 20 and 21: NOMINATION COMMITTEE Chairman : Y.
Page 22 and 23: THE GROUP’S BUSINESSES Advanced s
Page 24: CHAIRMAN’S STATEMENT On behalf of
Page 27 and 28: Beverage 2005 2004 RM’ Million RM
Page 29 and 30: (c) On 23 November 2004, the Compan
Page 31 and 32: RESERVES AND PROVISIONS There were
Page 33 and 34: DIRECTORS’ INTERESTS The Director
Page 35 and 36: AUDITORS The auditors, Messrs Deloi
Page 37 and 38: INCOME STATEMENTS FOR THE YEAR ENDE
Page 39 and 40: The Group The Company 2005 2004 200
Page 41 and 42: CASH FLOW STATEMENTS FOR THE YEAR E
Page 43: (ii) ANALYSIS OF DISPOSAL AND LIQUI
Page 47 and 48: NOTES TO THE FINANCIAL STATEMENTS 1
Page 49 and 50: (f) On 24 February 2005, the Compan
Page 51 and 52: (iv) Beverage Division Gross invoic
Page 53 and 54: Property, Plant and Equipment Prope
Page 55 and 56: Associated Companies An associated
Page 57 and 58: Receivables Trade and other receiva
Page 59 and 60: 7. DIRECTORS’ REMUNERATION Direct
Page 61 and 62: 11. INCOME TAX (EXPENSE)/CREDIT Inc
Page 63 and 64: The Group ACCUMULATED DEPRECIATION
Page 65 and 66: The depreciation charge is allocate
Page 67 and 68: 17. LAND HELD FOR PROPERTY DEVELOPM
Page 69 and 70: 18. INVESTMENT IN SUBSIDIARY COMPAN
Page 71 and 72: The effects of the abovementioned d
Page 73 and 74: 20. LONG-TERM INVESTMENTS 71 The Gr
Page 75 and 76: 21. DEFERRED TAX ASSETS/LIABILITIES
Page 77 and 78: 24. INVENTORIES Inventories consist
Page 79 and 80: 27. TRADE RECEIVABLES 77 The Group
Page 81 and 82: 29. RELATED COMPANY TRANSACTIONS (a
Page 83 and 84: 30. DEPOSITS, CASH AND BANK BALANCE
Page 85 and 86: 33. LEASE AND HIRE-PURCHASE PAYABLE
Page 87 and 88: 85 The Group The Company 2005 2004
Page 89 and 90: (iii) proceeds from the redemption
Page 91 and 92: 37. DEFERRED LIABILITIES 89 The Gro
Page 93 and 94: 39. RESERVES 91 The Group The Compa
Page 95 and 96:
The Group The Company 2005 2004 200
Page 97 and 98:
The Group Timber 2005 Property extr
Page 99 and 100:
(b) Geographical Segments: The Grou
Page 101 and 102:
Financial Risk Management Objective
Page 103 and 104:
47. SUBSIDIARY COMPANIES The subsid
Page 105 and 106:
Effective Percentage Name of Compan
Page 107 and 108:
Effective Percentage Name of Compan
Page 109 and 110:
STATEMENT BY DIRECTORS The Director
Page 111 and 112:
INFORMATION ON LEVEL 1 SPONSORED AM
Page 113 and 114:
Tenure/ Net Date of Address Expiry
Page 115 and 116:
Tenure/ Net Date of Address Expiry
Page 117 and 118:
Registered Shareholders No. of Shar
Page 119 and 120:
OTHER INFORMATION (I) NON-AUDIT FEE
Page 121 and 122:
(IV) STATUS OF CONDITIONS IMPOSED B
Page 123 and 124:
(c) Issues Affecting the Joint-Vent
Page 125:
✄ FORM OF PROXY I/We ............
show all

directors - The Lion Group

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?