Utusan Melayu (Malaysia) Bhd - Announcements

Notes T O T HE A CCOUNTS for the year ended 31 December 1999
11. TERM LOANS (CONT’D.)
The Group The Company
Note 1999 1998 1999 1998
RM RM RM RM
Repayments due in:-
1999 — 9,119,296 — 4,848,608
2000 9,933,453 7,312,403 4,848,608 4,848,608
2001 6,253,460 5,820,667 4,848,608 4,848,608
2002 6,253,460 5,799,645 4,848,608 4,848,608
2003 1,366,633 1,581,420 34,986 34,986
2004 onwards 947,355 — — —
24,754,361 29,633,431 14,580,810 19,429,418
The term loans are secured by fixed charges on the assets of the Group and carried interest at rates which ranged from
7.00% to 10.55% (1998: 7.0% to 13.50%) per annum for the financial year.
12. DEFERRED TAXATION
The Group The Company
1999 1998 1999 1998
RM RM RM RM
At 1 January 5,241,000 5,183,000 3,986,000 3,986,000
Arising from acquisition from a subsidiary company 1,000 — — —
Transfer (to)/from profit and loss account (101,000) 58,000 — —
At 31 December 5,141,000 5,241,000 3,986,000 3,986,000
The tax effect of RM257,400 (1998: RM257,400) in respect of the surplus arising from revaluation of property of the Group
has not been provided for as there is no foreseeable intention to dispose of these properties.
13. LEASE AND HIRE PURCHASE CREDITORS
Amounts owing to lease and hire purchase creditors are made up as follows:-
The Group The Company
1999 1998 1999 1998
Note RM RM RM RM
Lease and hire purchase creditors 6,747,811 8,440,609 1,077,956 903,390
Less: Repayable within 12 months 21 (2,566,730) (2,715,583) (533,413) (469,082)
Repayable after 12 months 4,181,081 5,725,026 544,543 434,308
Utusan Melayu (Malaysia) Berhad
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