directors - The Lion Group
directors - The Lion Group
directors - The Lion Group
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25. AMOUNT DUE BY/(TO) CONTRACT CUSTOMERS<br />
Amount due by/(to) contract customers (denominated in Ringgit Malaysia), pertaining to subsidiary companies,<br />
consist of the following:<br />
76<br />
<strong>The</strong> <strong>Group</strong><br />
2005 2004<br />
RM’000 RM’000<br />
Contract cost 663,107 660,128<br />
Profit attributable to work performed todate 23,066 22,919<br />
Total 686,173 683,047<br />
Progress billings (685,122) (682,033)<br />
Amount due by contract customers 1,051 1,014<br />
Contract cost 96,435 178,474<br />
Profit attributable to work performed todate 3,021 5,142<br />
Total 99,456 183,616<br />
Progress billings (100,638) (184,567)<br />
Amount due to contract customers (1,182) (951)<br />
As of 30 June 2005, retentions held by customers for contract works amounted to RM3,726,000 (2004:<br />
RM4,286,000).<br />
26. SHORT-TERM INVESTMENTS<br />
<strong>The</strong> <strong>Group</strong> <strong>The</strong> Company<br />
2005 2004 2005 2004<br />
RM’000 RM’000 RM’000 RM’000<br />
Redeemable within one year (Note 20):<br />
Preference shares 30,520 – 30,520 –<br />
Unquoted bonds 9,470 32,839 2,383 4,639<br />
Total 39,990 32,839 32,903 4,639<br />
<strong>The</strong> short-term investments are denominated in Ringgit Malaysia.
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