|
|
|
|
Group |
Group |
|
2013 |
2012 |
|
RM |
RM |
| Continuing operation |
|
|
| Revenue |
8,560,273 |
12,473,060 |
| Other operating income |
44,402 |
11,485 |
| Advertising expenses |
(74,250) |
(13,250) |
| Contract and outsourcing cost |
(291,600) |
(534,041) |
| Depreciation of property & equipment |
(122,921) |
(122,763) |
| Rental of office and equipment |
(179,647) |
(206,647) |
| Staff costs |
(1,899,086) |
(2,896,643) |
| Telecommunication expenses |
(53,375) |
(78,189) |
| Travelling expenses |
(57,246) |
(168,105) |
| Other operating expenses |
(2,090,601) |
(3,430,428) |
|
 |
|
| Results from operating activities |
3,835,949 |
5,034,479 |
| Interest income |
121,085 |
224,226 |
| Finance costs |
(2,679) |
(7,237) |
| (Loss)/ Gain on changes on interest in associates |
(1,678,516) |
931,038 |
(Loss)/ Gain on financial assets classified
as fair value through profit or loss |
(860,148) |
101,000 |
Reversal of impairment loss on investment in
an associate |
- |
4,100,000 |
Share of profit of equity accounted associates
net of tax |
6,302,362 |
4,345,896 |
Share of profit of of a joint venture,
net of tax |
(70,176) |
(1,284,507) |
|
|
|
| Profit before tax |
7,647,877 |
13,444,895 |
| Tax expense |
(409,376) |
(634,185) |
|
|
|
| Profit from continuing operations |
7,238,501 |
12,810,710 |
| |
| Discontinued operations |
|
|
| Profit from discontinued operation, net of tax |
58,743,959 |
48,615,175 |
|
|
|
| Profit for the year |
65,982,460 |
61,425,885 |
| |
|
|
| Profit attributable to: |
|
|
| Owners of the Company |
61,415,450 |
58,331,374 |
| Non-controlling interests |
4,567,010 |
3,094,511 |
|
|
|
| Profit for the year |
65,982,460 |
61,425,885 |
|
|
|
| |
|
|
| Basic earnings per ordinary share based on profit
attributable to owners of the Company (sen) |
|
|
| from continuing operations |
1.14 |
2.00 |
| from discontinued operations |
8.57 |
7.11 |
|
|
|
|
9.71 |
9.11 |
|
|
|
| |
|
|
| Diluted earnings per ordinary share based on profit
attributable to owners of the Company (sen) |
|
|
| from continuing operations |
1.13 |
1.97 |
| from discontinued operations |
8.42 |
6.99 |
|
|
|
|
9.55 |
8.96 |
|
|
|
|
|
|
|
Group |
Group |
|
2013 |
2012 |
|
RM |
RM |
| Assets |
|
|
| Property and equipment |
14,747,516 |
20,204,686 |
| Investments in associates |
91,285,688 |
86,064,909 |
| Investments in a joint venture |
- |
69,428 |
| Other investments |
55,995,659 |
37,896,668 |
| Deferred tax assets |
- |
4,261,301 |
|
|
|
| Total non-current assets |
162,028,863 |
148,496,992 |
|
|
|
| |
|
|
| Other investments |
12,124,811 |
35,612,935 |
| Curent tax assets |
- |
1,369,000 |
| Trade and other receivables |
1,131,263 |
15,867,391 |
| Prepayments and other assets |
258,991 |
1,447,866 |
| Cash and cash equivalents |
3,648,245 |
71,859,885 |
|
|
|
| |
17,163,310 |
126,157,077 |
| Assets classified as held for sale |
136,015,570 |
- |
|
|
|
| Total current assets |
153,178,880 |
126,157,077 |
|
|
|
| Total assets |
315,207,743 |
274,654,069 |
|
|
|
| |
|
|
| Equity |
|
|
| Share capital |
63,512,486 |
63,005,319 |
| Reserves |
185,839,998 |
151,636,412 |
|
|
|
| Total equity attributable to owners of the Company |
249,352,484 |
214,641,731 |
| Non-controlling interests |
2,370,821 |
1,639,127 |
|
|
|
| Total equity |
251,723,305 |
216,280,858 |
|
|
|
| |
|
|
| Liabilities |
|
|
| Loan and borrowing |
- |
49,982 |
| Deferred tax liabilities |
- |
26,936 |
|
|
|
| Total non-current liabilities |
- |
76,918 |
|
|
|
| |
|
|
| Loan and borrowing |
43,945 |
148,238 |
| Deferred income |
206,417 |
39,334,948 |
| Trade and other payables |
863,464 |
15,787,011 |
| Current tax payables |
6,134 |
3,026,096 |
|
|
|
| |
1,119,960 |
58,296,293 |
| Liabilities classified as held for sale |
62,364,478 |
- |
|
|
|
| Total current liabilities |
63,484,438 |
58,296,293 |
| Total liabilities |
63,484,438 |
58,373,211 |
|
|
|
| Total equity and liabilities |
315,207,743 |
274,654,069 |
|
|
|
|
|
|
|
Group |
Group |
|
2013 |
2012 |
|
RM |
RM |
| Cash flows from operating activities |
|
|
| Profit before tax |
|
|
| - continuing operations |
7,647,877 |
13,444,895 |
| - discontinued operations |
77,178,659 |
63,581,915 |
|
|
|
|
84,826,536 |
77,026,810 |
| |
| Adjustments for: |
|
|
| Depreciation of property and equipment |
2,770,873 |
2,301,905 |
| Property and equipment written off |
4,124 |
9,031 |
| Gain on disposal of property and equipment |
(2,058) |
(27,489) |
| Share-based payments |
541,021 |
531,020 |
| Share of loss after tax of joint venture |
70,176 |
1,284,507 |
Share of profit after tax of
equity accounted associates |
(6,302,362) |
(4,345,896) |
| Dividend income |
(4,616,310) |
(5,660,353) |
| Interest income |
(1,256,567) |
(1,756,332) |
| Finance costs |
2,679 |
7,237 |
| Investment distribution income |
(838,135) |
(602,598) |
| Loss/(Gain) on changes of interest in an associate |
1,678,516 |
(931,038) |
| Loss on disposal of investments in quoted shares |
- |
10,639 |
| Reversal of impairment loss on investment in an associate |
- |
(4,100,000) |
| Loss/(Gain) on financial assets classified as fair value through profit or loss |
1,054,192 |
(3,451,903) |
| Unrealised foreign exchange gain |
(84,375) |
(171,885) |
|
|
|
| Operating profit before working capital changes |
77,848,310 |
60,123,655 |
| Changes in trade and other receivables |
(5,897,551) |
(560,851) |
| Changes in prepayments and other assets |
(580,222) |
24,614 |
| Changes in deferred income |
5,583,125 |
7,017,944 |
| Changes in trade and other payables |
2,930,627 |
2,216,729 |
|
|
|
| Cash generated from operations |
79,884,289 |
68,822,091 |
| Income tax paid |
(18,189,480) |
(17,207,124) |
| Interest received |
1,256,567 |
1,756,332 |
| Finance costs paid |
(2,679) |
(7,237) |
|
|
|
| Net cash generated from operating activities |
62,948,697 |
53,364,062 |
|
|
|
| |
|
|
| Cash flows from investing activities |
|
|
| Investment distribution income received |
838,135 |
602,598 |
| Issuance of shares to non-controlling interests |
576,862 |
- |
| Acquisition of other investments |
(13,703,333) |
(19,471,646) |
| Acquisition of property and equipment |
(3,880,072) |
(2,977,348) |
| Acquisition of treasury shares |
(1,139,646) |
(14,465,208) |
| Proceeds from disposal of property and equipment |
2,058 |
140,392 |
| Proceeds from disposal of investments in quoted shares |
- |
3,565,471 |
| Dividends received from an associate |
3,820,692 |
4,763,940 |
| Dividends received from other investments |
4,616,310 |
5,660,353 |
|
|
|
| Net cash used in investing activities |
(8,868,994) |
(22,181,448) |
|
|
|
| |
|
|
| Cash flows from financing activities |
|
|
| Dividends paid to shareholders of the Company |
(47,502,045) |
(22,406,713) |
| Dividends paid to non-controlling interests |
(5,231,000) |
(3,945,663) |
| Proceeds from issuance of shares pursuant to the
Employee Share Option Scheme |
3,115,220 |
1,066,040 |
| Repayment of borrowings |
(130,333) |
(148,238) |
|
|
|
| Net cash used in financing activities |
(49,748,158) |
(25,434,574) |
|
|
|
| |
|
|
| Net increase in cash and cash equivalents |
4,331,545 |
5,748,040 |
| |
|
|
| Cash and cash equivalents at beginning of the year |
71,859,885 |
65,647,602 |
| |
|
|
| Effects of exchange rate fluctuations on cash held |
(1,403,916) |
464,243 |
|
|
|
| Cash and cash equivalents at end of year |
74,787,514 |
71,859,885 |
|
|
|
| |
|
|
| Cash and cash equivalents comprise: |
|
|
| Deposits with licensed banks |
46,223,385 |
45,004,350 |
| Cash and bank balances |
28,564,129 |
26,855,535 |
|
|
|
|
74,787,514 |
71,859,885 |
|
|
|
|
