Utusan Melayu (Malaysia) Bhd - Announcements
Utusan Melayu (Malaysia) Bhd - Announcements
Utusan Melayu (Malaysia) Bhd - Announcements
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
Notes T O T HE A CCOUNTS for the year ended 31 December 1999<br />
11. TERM LOANS (CONT’D.)<br />
The Group The Company<br />
Note 1999 1998 1999 1998<br />
RM RM RM RM<br />
Repayments due in:-<br />
1999 — 9,119,296 — 4,848,608<br />
2000 9,933,453 7,312,403 4,848,608 4,848,608<br />
2001 6,253,460 5,820,667 4,848,608 4,848,608<br />
2002 6,253,460 5,799,645 4,848,608 4,848,608<br />
2003 1,366,633 1,581,420 34,986 34,986<br />
2004 onwards 947,355 — — —<br />
24,754,361 29,633,431 14,580,810 19,429,418<br />
The term loans are secured by fixed charges on the assets of the Group and carried interest at rates which ranged from<br />
7.00% to 10.55% (1998: 7.0% to 13.50%) per annum for the financial year.<br />
12. DEFERRED TAXATION<br />
The Group The Company<br />
1999 1998 1999 1998<br />
RM RM RM RM<br />
At 1 January 5,241,000 5,183,000 3,986,000 3,986,000<br />
Arising from acquisition from a subsidiary company 1,000 — — —<br />
Transfer (to)/from profit and loss account (101,000) 58,000 — —<br />
At 31 December 5,141,000 5,241,000 3,986,000 3,986,000<br />
The tax effect of RM257,400 (1998: RM257,400) in respect of the surplus arising from revaluation of property of the Group<br />
has not been provided for as there is no foreseeable intention to dispose of these properties.<br />
13. LEASE AND HIRE PURCHASE CREDITORS<br />
Amounts owing to lease and hire purchase creditors are made up as follows:-<br />
The Group The Company<br />
1999 1998 1999 1998<br />
Note RM RM RM RM<br />
Lease and hire purchase creditors 6,747,811 8,440,609 1,077,956 903,390<br />
Less: Repayable within 12 months 21 (2,566,730) (2,715,583) (533,413) (469,082)<br />
Repayable after 12 months 4,181,081 5,725,026 544,543 434,308<br />
<strong>Utusan</strong> <strong>Melayu</strong> (<strong>Malaysia</strong>) Berhad<br />
47