to download - Boustead Holdings Berhad

More documents

Recommendations

Info

10. PROPERTY, PLANT AND EQUIPMENT (cont’d.) Additions to the Group’s leasehold properties during the year include the capitalisation of the following: Group 2004 2003 RM’000 RM’000 Borrowing costs – interest 1,771 5,070 – exchange difference 4,285 (2,709) Depreciation — 864 6,056 3,225 Properties stated at valuation are based on independent professional valuations carried out on an open market basis. As allowed by the approved accounting standard on property, plant and equipment, these assets have continued to be stated on the basis of their previous valuations. 11. INVESTMENT PROPERTIES Group 2004 2003 RM’000 RM’000 Freehold land and buildings: At cost 348,022 196,745 At 2001 valuation 257,000 257,000 605,022 453,745 The properties stated at valuation are based on independent professional valuations carried out on an open market basis. 113
114 Notes to the Financial Statements 12. DEVELOPMENT PROPERTIES Group 2004 2003 RM’000 RM’000 At 1 January: Freehold land, at cost 105,982 155,006 Long leasehold land, at cost 27,232 27,585 Development cost 196,312 197,533 329,526 380,124 Development cost incurred during the year 25,981 40,692 Transfer (to)/from property development in progress: Freehold land (33,871) (55,348) Long leasehold land (2,309) (353) Development cost (45,903) (41,913) Reclassification of land cost — 6,324 (82,083) (91,290) At 31 December 273,424 329,526 Development properties comprise land banks which are in the process of being prepared for development but are not expected to be launched for sale in the next twelve months. Development cost includes interest capitalised during the year of RM9,180,000 (2003: RM5,741,000).
Page 1 and 2:
22 corporate governance 38 chairman
Page 3 and 4:
2 Board of Directors
Page 5 and 6:
4 Directors’ Profile Y. Bhg. Gen.
Page 7 and 8:
6 TOP Y. Bhg. Lt. Gen. (R) Dato’
Page 9 and 10:
8 Y. Bhg. Dato’ (Dr.) Megat Abdul
Page 11 and 12:
10 Corporate Information Directors
Page 13 and 14:
12 Senior Management Team En. Danie
Page 15 and 16:
14 Senior Management Team En. Andre
Page 17 and 18:
16 THE BOARD OF DIRECTORS OF BOUSTE
Page 19 and 20:
18 TERMS OF REFERENCE OF THE AUDIT
Page 21 and 22:
20 ACTIVITIES DURING THE FINANCIAL
Page 23 and 24:
22 corporate governance THE BOARD O
Page 25 and 26:
24 Corporate Governance COMPOSITION
Page 27 and 28:
26 Corporate Governance INFORMATION
Page 29 and 30:
28 Corporate Governance Remuneratio
Page 31 and 32:
30 Corporate Governance DIRECTORS
Page 33 and 34:
32 Statement on Internal Control BO
Page 35 and 36:
34 Statement on Internal Control IN
Page 37 and 38:
36 1,300 1,040 780 520 260 0 Five Y
Page 39 and 40:
38 chairman’s statement DEAR SHAR
Page 41 and 42:
40 ECONOMIC LANDSCAPE On the broade
Page 43 and 44:
42 FINANCIAL PERFORMANCE The facts
Page 45 and 46:
44 Although the privatisation of Bo
Page 47 and 48:
46 In addition, other programmes we
Page 49 and 50:
48 OUTLOOK AND PROSPECTS On a Group
Page 51 and 52:
50 chief executive’s review DEAR
Page 53 and 54:
52 Chief Executive’s Review CORPO
Page 55 and 56:
54 In 2004, the division registered
Page 57 and 58:
56 In addition, our commercial clon
Page 59 and 60:
58 The appeal of this design lies i
Page 61 and 62:
60 Year 2004 was an exceptional yea
Page 63 and 64: 62 Up north in Bukit Mertajam, Jern
Page 65 and 66: 64 The division’s contribution of
Page 67 and 68: 66 The division recorded strengthen
Page 69 and 70: 68 TRADING Boustead Global Trade Ne
Page 71 and 72: 70 improving supply and demand tren
Page 73 and 74: 72 Directors’ Report The Director
Page 75 and 76: 74 Directors’ Report DIRECTORS’
Page 77 and 78: 76 Directors’ Report EMPLOYEES’
Page 79 and 80: 78 Directors’ Report OTHER STATUT
Page 81 and 82: 80 Statement by Directors and Statu
Page 83 and 84: 82 Auditors’ Report We are satisf
Page 85 and 86: 84 Balance Sheets For the year ende
Page 87 and 88: 86 Statements of Changes in Equity
Page 89 and 90: 88 Statements of Changes in Equity
Page 91 and 92: 90 Cash Flow Statements For the yea
Page 93 and 94: 92 Accounting Policies (c) ASSOCIAT
Page 95 and 96: 94 Accounting Policies (f) PROPERTY
Page 97 and 98: 96 Accounting Policies (l) EMPLOYEE
Page 99 and 100: 98 Accounting Policies (p) FINANCIA
Page 101 and 102: 100 Notes to the Financial Statemen
Page 113: 112 Notes to the Financial Statemen
Page 141 and 142: 140 Boustead Group Group Interest %
Page 143 and 144: 142 Boustead Group Group Interest %
Page 145 and 146: 144 Recurrent Related Party Transac
Page 147 and 148: 146 Recurrent Related Party Transac
Page 149 and 150: 148 Group Property Portfolio Age of
Page 155 and 156: 154 Location of Group Plantation Pr
Page 157 and 158: 156 Shareholding Statistics Analysi
Page 159 and 160: 158 ORDINARY BUSINESS NOTICE IS HER
Page 161 and 162: 160 Notice of Annual General Meetin
Page 163 and 164: 162 Notice of Annual General Meetin
Page 165 and 166:
164 Notice of Annual General Meetin
Page 167 and 168:
This page has been intentionally le
Page 169:
Boustead Management Services Sdn Bh
show all

to download - Boustead Holdings Berhad

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

Delete template?

Save as template?