Directors - Boustead Holdings Berhad
Directors - Boustead Holdings Berhad
Directors - Boustead Holdings Berhad
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18. ASSOCIATES<br />
Group Company<br />
2006 2005 2006 2005<br />
RM’000 RM’000 RM’000 RM’000<br />
At cost less amount written off:<br />
Shares quoted in Malaysia 609,961 660,014 609,961 660,014<br />
Warrants quoted in Malaysia 22,345 37,345 22,345 37,345<br />
Unquoted shares at cost 354,005 288,512 343,298 277,789<br />
986,311 985,871 975,604 975,148<br />
Share of post acquisition reserves 286,234 193,240 –– ––<br />
1,272,545 1,179,111 975,604 975,148<br />
Market value:<br />
Quoted shares 631,326 573,539 631,326 573,539<br />
Quoted warrants 20,086 16,927 20,086 16,927<br />
The summarised financial information of the<br />
Associates are as follows:<br />
Assets and liabilities<br />
Total assets 37,554,914 32,677,219<br />
Total liabilities (34,795,550) (29,116,434)<br />
Results<br />
Revenue 3,215,167 2,983,092<br />
Profit/(loss) for the year 206,212 (201,638)<br />
651,412 590,466 651,412 590,466<br />
The financial statements of the Associates are coterminous with those of the Group except for<br />
Drew Ameroid Sdn Bhd and Perimekar Sdn Bhd whose financial year ends on 30 September and<br />
31 January respectively.<br />
As at year end, title to shares in an Associate with a carrying amount of RM62 million has not been<br />
registered in the name of the Company.<br />
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