Utusan Melayu (Malaysia) Bhd - Announcements
Utusan Melayu (Malaysia) Bhd - Announcements
Utusan Melayu (Malaysia) Bhd - Announcements
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Notes T O T HE A CCOUNTS for the year ended 31 December 1999<br />
4. OPERATING PROFIT/(LOSS) BEFORE TAXATION (CONT’D.)<br />
The Group The Company<br />
1999 1998 1999 1998<br />
RM RM RM RM<br />
Operating profit/(loss) before taxation<br />
is stated after charging:-<br />
Interest expense<br />
– Revolving underwriting facility 7,308,054 5,417,700 7,308,054 5,417,700<br />
– Term loans 424,661 1,118,022 101,151 180,634<br />
– Hire purchase 653,429 687,756 157,840 154,347<br />
– Overdraft 1,257,595 1,148,327 362,972 456,641<br />
– Others 1,757,595 4,272,321 1,388,225 3,621,612<br />
Auditors’ remuneration 181,620 163,375 50,000 50,000<br />
Retirement benefits 3,568,152 3,642,871 2,554,803 3,099,005<br />
Provision for doubtful debts 2,659,557 9,507,780 1,526,333 4,983,823<br />
Provision for diminution in value of investments 45,660 — 45,660 —<br />
Provision for diminution in value of investment<br />
in subsidiary companies — — 260,000 —<br />
Provision for amount owing by subsidiary companies — — 2,886,969 728,501<br />
Goodwill on consolidation written off 623,433 — — —<br />
Loss on sale of fixed assets 29,374 66,938 — —<br />
and crediting:-<br />
Dividends received (gross) from quoted investments 6,670 5,173 1,770 2,041<br />
Dividends received (gross) from associated companies — — 1,327,200 370,800<br />
Dividends received (gross) from<br />
subsidiary companies (unquoted) — — — 159,600<br />
Gain on disposal of fixed assets 426,921 31,000 360,921 31,000<br />
Interest income from fixed deposits 447,959 1,425,945 13,931 121,300<br />
Interest income from subsidiary companies — — 1,854,131 1,543,733<br />
Rental of premises 1,397,856 1,043,738 993,458 753,088<br />
Directors’ money value of benefits-in-kind 237,374 204,000 228,374 96,000<br />
<strong>Utusan</strong> <strong>Melayu</strong> (<strong>Malaysia</strong>) Berhad<br />
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