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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 />

26. CONTINGENT LIABILITIES<br />

The Company has given corporate guarantees to financial institutions amounting to RM50,914,000 (1998: RM88,245,000)<br />

for banking facilities extended to subsidiary companies.<br />

Several libel suits have been filed against the Company of which the outcome and compensation, if any, are not determinable<br />

at this juncture. The Directors are of the opinion that the claims are not merited and will not materialise.<br />

27. CAPITAL COMMITMENTS<br />

The Group The Company<br />

1999 1998 1999 1998<br />

RM RM RM RM<br />

Approved and contracted for 105,325,772 224,539,800 101,858,098 195,632,080<br />

Approved but not contracted for 37,753,306 106,229,554 37,753,306 64,018,004<br />

28. SEGMENTAL ANALYSIS BY ACTIVITIES<br />

Profit/(loss)<br />

before Assets<br />

Turnover taxation employed<br />

RM RM RM<br />

1999<br />

Publishing and distribution 149,971,530 7,383,253 243,484,788<br />

Printing 20,181,002 (2,318,596) 32,487,883<br />

Advertisements 127,011,750 8,792,559 217,712,133<br />

Investment holding and management services 1,396,787 1,399,139 106,527,991<br />

Information technology and multimedia 12,209,788 (2,375,504) 7,538,078<br />

310,770,857 12,880,851 607,750,873<br />

Consolidation adjustments (13,469,441) (627,464) (138,763,485)<br />

297,301,416 12,253,387 468,987,388<br />

Share of results of associated companies 731,509<br />

64 <strong>Utusan</strong> <strong>Melayu</strong> (<strong>Malaysia</strong>) Berhad<br />

12,984,896

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