|
Group |
Group |
|
2006 |
2005 |
|
RM |
RM |
| |
|
|
| Continuing Operation |
|
|
| Revenue |
65,743,858 |
54,995,737 |
| Other operating income |
78,446 |
457,947 |
| Advertising expenses |
(1,460,738) |
(904,437) |
| Allowance for doubtful debts |
(348,897) |
(615,890) |
| Contract and outsourcing cost |
(13,804,935) |
(15,690,306) |
| Depreciation |
(1,161,524) |
(676,492) |
| Rental of office |
(819,012) |
(950,885) |
| Staff costs |
(18,949,917) |
(14,265,662) |
| Telecommunication expenses |
(563,097) |
(513,734) |
| Traveling expenses |
(820,742) |
(552,342) |
| Other operating expenses |
(7,028,855) |
(5,428,213) |
|
 |
|
| Results from operating activities |
20,864,587 |
15,855,723 |
| Interest income |
801,182 |
738,054 |
| Gain on deemed disposal of equity interest in |
|
|
| - a subsidiary |
3,294,567 |
- |
| - an associate |
24,832 |
- |
|
|
|
| Operating profit |
24,985,168 |
16,593,777 |
| Share of loss after tax and minority interest of an equity
accounted associate and a jointly-controlled entity |
(88,934) |
- |
|
|
|
| Profit before tax |
24,896,234 |
16,593,777 |
| Tax expense |
(2,267,789) |
377,263 |
|
|
|
| Profit for the year |
22,628,445 |
16,971,040 |
|
|
|
| Attributable to: |
|
|
| Shareholders of the Company |
21,709,231 |
16,371,193 |
| Minority interest |
919,214 |
599,847 |
|
|
|
| Profit for the year |
22,628,445 |
16,971,040 |
|
|
|
| |
|
|
| Basic earnings per ordinary share (sen) |
10.73 |
8.14 |
| Diluted earnings per ordinary share (sen) |
10.33 |
7.83 |
|
Group |
Group |
|
2006 |
2005 |
|
RM |
RM |
| Assets |
|
|
| Property and equipment |
13,833,791 |
12,079,356 |
| Goodwill |
2,808,856 |
3,524,072 |
| Investments in subsidiaries |
- |
- |
| Investments in an associate and a jointly-controlled entity |
4,198,910 |
- |
| Other investments |
- |
- |
| Deferred tax assets |
693,328 |
1,278,879 |
|
|
|
| Total non-current assets |
21,534,885 |
16,882,307 |
|
|
|
| Other investments |
10,021,285 |
- |
| Receivables, deposits and prepayments |
10,188,886 |
10,120,416 |
| Current tax assets |
177,946 |
443,680 |
| Cash and cash equivalents |
36,325,147 |
26,558,381 |
|
|
|
| Total current assets |
56,713,264 |
37,122,477 |
|
|
|
| Total assets |
78,248,149 |
54,004,784 |
|
|
|
|
|
|
| Equity |
|
|
| Share capital |
20,306,500 |
20,100,000 |
| Reserves |
8,051,539 |
6,571,880 |
| Retained earnings |
31,894,290 |
15,769,347 |
|
|
|
| Total equity attributable to shareholders of
the Company |
60,252,329 |
42,441,227 |
| Minority interest |
1,123,690 |
1,567,908 |
|
|
|
| Total equity |
61,376,019 |
44,009,135 |
|
|
|
| |
|
|
| Liabilities |
|
|
| Deferred tax liabilities |
8,925 |
8,925 |
|
|
|
| Total non-current liabilities |
8,925 |
8,925 |
|
|
|
| Deferred income |
7,750,996 |
5,901,554 |
| Payables and accruals |
8,294,651 |
3,778,122 |
| Taxation |
817,558 |
307,048 |
|
|
|
| Total current liabilities |
16,863,205 |
9,986,724 |
|
|
|
| Total liabilities |
16,872,130 |
9,995,649 |
|
|
|
| |
|
|
| Total equity and liabilities |
78,248,149 |
54,004,784 |
|
|
|
| |
|
|
|
|
|
|
Group |
Group |
|
2006 |
2005 |
|
RM |
RM |
| Cash flows from operating activities |
|
|
| Profit before tax |
24,896,234 |
16,593,777 |
| Adjustments for: |
|
|
| Depreciation |
1,161,524 |
676,492 |
| Property and equipment written off |
361 |
136,239 |
| Loss on disposal of property and equipment |
476 |
- |
| Share-based payments |
392,020 |
- |
| Share of loss after tax and minority interest of an equity
accounted associate and a jointly-control entity |
88,934 |
- |
| Dividend income |
- |
- |
| Gain on deemed disposal of equity interest of |
|
|
| - a subsidiary |
(3,294,567) |
- |
| - an associate |
(24,832) |
- |
| Interest income |
(801,182) |
(738,054) |
| Investment distribution income |
(230,480) |
- |
| Impairment loss for investment |
- |
113,440 |
| Unrealised foreign exchange loss/(gain) |
98,910 |
40,843 |
|
|
|
| Operating profit / (loss) before working
capital changes |
22,287,398 |
16,822,737 |
| Changes in working capital: |
|
|
| Receivables, deposits and prepayments |
(577,623) |
(2,826,116) |
| Deferred income |
1,849,442 |
1,877,688 |
| Payables and accruals |
2,427,524 |
714,514 |
|
|
|
| |
|
|
| Cash generated from / (used in) operations |
25,986,741 |
16,588,823 |
| Income tax paid |
(1,046,349) |
(754,321) |
| Interest received |
801,182 |
738,054 |
|
|
|
| Net cash from / (used in) operating activities |
25,741,574 |
16,572,556 |
|
|
|
| |
|
|
| Cash flows from investing activities |
|
|
| Acquisition of subsidiaries, net of cash acquired |
(54,327) |
151,747 |
| Acquisition of an associate |
(336,155) |
- |
| Disposal of equity interest of a subsidiary, net cash outflow
|
(66,675) |
- |
| Increase in investment in a subsidiary |
- |
- |
| Investment distribution income received |
230,480 |
- |
| Investment in quoted unit trusts |
(10,021,285) |
- |
| Issuance of shares to minority interest |
437,640 |
- |
| Purchase of property and equipment |
(2,978,981) |
(11,669,247) |
| Proceeds from disposal of property and equipment |
15,712 |
121,599 |
| Dividend received |
- |
- |
|
|
|
| Net cash (used in) / from investing
activities |
(12,773,591) |
(11,395,901) |
|
|
|
| |
|
|
| Cash flows from financing activities |
|
|
| Dividends paid to shareholders of the Company |
(2,538,312) |
(3,015,000) |
| Dividends paid to minority shareholders |
(1,884,957) |
(84,684) |
| Proceeds from issuance of shares pursuant to ESOS |
1,115,100 |
- |
|
|
|
| Net cash used in financing activities |
(3,308,169) |
(3,099,684) |
|
|
|
| |
|
|
| Net increase / (decrease) in cash and cash
equivalents |
9,659,814 |
2,076,971 |
| |
|
|
| Cash and bank balances at beginning of the year |
26,558,381 |
24,401,203 |
| |
|
|
| Effects of exchange rate changes on cash and cash equivalents
|
106,952 |
80,207 |
| |
|
|
|
|
|
| Cash and cash equivalents at end of year |
36,325,147 |
26,558,381 |
|
|
|
| |
|
|
| Cash and cash equivalents comprise: |
|
|
| Deposits with licensed banks |
32,872,385 |
21,478,320 |
| Cash and bank balances |
3,452,762 |
5,080,061 |
|
|
|
|
36,325,147 |
26,558,381 |
|
|
|
|
|
|
|
