Utusan Melayu (Malaysia) Bhd - Announcements

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Notes T O T HE A CCOUNTS for the year ended 31 December 1999 5. TAXATION The Group The Company 1999 1998 1999 1998 RM RM RM RM Taxation based on the result for the year:- Malaysian income tax — 1,744,526 372,112 375,000 Transfer from deferred taxation (101,000) (25,000) — — (101,000) 1,719,526 372,112 375,000 Under/(over) provision in prior years:- Income tax (83,553) (140,220) — — Deferred taxation — 83,000 — — (83,553) (57,220) — — (184,553) 1,662,306 372,112 375,000 Share of associated companies’ taxation (131,173) 659,440 — — (315,726) 2,321,746 372,112 375,000 (a) The taxation charge for the Company for the financial year is in respect of dividend income. (b) No provision has been made for Malaysian income tax in respect of business income earned by the Company for the financial year ended 31 December 1999 pursuant to Section 8 of the Income Tax (Amendment) Act 1999. (c) The Company has sufficient tax credit under Section 108 of the Income Tax Act, 1967 to frank the payment of dividends out of all its distributable reserves as at 31 December 1999. (d) Pursuant to the requirements to subsection 365(1A) of the Companies Act, 1965, the future distribution of dividends out of the Company’s unappropriated profit may only be declared for a financial year up to an amount not exceeding the after-tax profit of that financial year or not exceeding the average dividends declared in respect of the two financial year immediately preceding that financial year, whichever is greater. 44 Utusan Melayu (Malaysia) Berhad
Notes T O T HE A CCOUNTS for the year ended 31 December 1999 6. DIVIDENDS 1999 1998 RM RM Proposed final dividend of 8% (1998: Nil) less tax at 28% 4,456,675 — 7. EARNINGS/(LOSS) PER SHARE The earnings/(loss) per share have been calculated based on the Group’s profit after taxation and minority interests of RM13,050,706 (1998: loss of RM20,986,710) and on the number of ordinary shares in issue during the year of 77,372,837 (1998: 77,372,837). 8. SHARE CAPITAL Ordinary shares of RM1.00 each:- The Group and The Company 1999 1998 RM RM Authorised 150,000,000 150,000,000 Issued and fully paid 77,372,837 77,372,837 9. RESERVES The Group The Company 1999 1998 1999 1998 RM RM RM RM Non-distributable reserves:- Share premium 13,422,612 13,422,612 13,422,612 13,422,612 Revaluation reserve 5,380,919 5,380,919 5,147,995 5,147,995 Exchange fluctuation reserve (43,357) (54,570) — — Other reserves 1,664,800 1,304,800 — — 20,424,974 20,053,761 18,570,607 18,570,607 Utusan Melayu (Malaysia) Berhad 45
Page 1 and 2: UTUSAN MELAYU (MALAYSIA) BERHAD 717
Page 3 and 4: C o r p o r a t e M i s s i o n •
Page 5: 8. To transact any other ordinary b
Page 8 and 9: Corporate I NFORMATION BOARD OF DIR
Page 10 and 11: Senior M ANAGEMENT Tan Sri Kamarul
Page 13 and 14: Royal Code Of Conduct The Taj al-Sa
Page 15 and 16: AUTHORITY The Committee is authoris
Page 17: CONSOLIDATED PROFIT AND LOSS ACCOUN
Page 20 and 21: Chairman’s S TATEMENT Dear Shareh
Page 22 and 23: Chairman’s S TATEMENT Our Adverti
Page 24 and 25: Chairman’s S TATEMENT A new chapt
Page 26 and 27: Chairman’s S TATEMENT In the othe
Page 28 and 29: Corporate C ALENDAR 1 4 February 19
Page 31 and 32: Sentiments and Sensitivity of Love
Page 33 and 34: Directors’ R EPORT for the year e
Page 35 and 36: Directors’ R EPORT for the year e
Page 37 and 38: Consolidated P ROFIT A ND L OSS A C
Page 39 and 40: Profit A ND L OSS A CCOUNT for the
Page 41 and 42: Consolidated C ASH F LOW S TATEMENT
Page 43 and 44: Notes T O T HE A CCOUNTS for the ye
Page 45: Notes T O T HE A CCOUNTS for the ye
Page 69 and 70: List O F P ROPERTIES as at 31 Decem
Page 71 and 72: List O F P ROPERTIES as at 31 Decem
Page 73 and 74: I/We of being a member/members of U
Page 75: Azizi Meor Ngah 36, Jalan Jelutong

Utusan Melayu (Malaysia) Bhd - Announcements

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