Eng - IOI Group

More documents

Recommendations

Info

notestothefinancialstatements cont’d26 TRADE AND OTHER PAYABLES cont’d26.1 Trade payablesIn RM’000GroupCompany2003 2002 2003 2002Trade payables 216,983 105,877 1,258 1,334Included in trade payables of the Group are retention monies of RM34,600,000 (2002 - RM33,333,000).26.2 Other payables and accrualsIn RM’000GroupCompany2003 2002 2003 2002Land premium payable 33,449 33,449 - -Advances from minority shareholdersof subsidiaries to the subsidiaries 17,820 20,475 - -Other payables 156,335 120,473 5,056 8,877Customer and other deposits 19,689 24,876 325 411Accruals 86,689 76,251 5,044 9,048313,982 275,524 10,425 18,33626.3 Amount due to customers on contractsIn RM’000Group2003 2002Aggregate cost incurred to date - 5,723Recognised profit - 610- 6,333Progress billings - (6,527)Amount due to customers on contracts - (194)IOI Corporation BerhadAnnual Report 2003172
27 BANK OVERDRAFTSIn RM’000GroupCompany2003 2002 2003 2002Secured 5,919 22,067 - 2,007Unsecured 6,229 5,533 875 9,15512,148 27,600 875 11,162The secured bank overdrafts are secured by way of fixed charges over certain freehold and leasehold landedproperties of the Group and of the Company. Additionally, certain bank overdrafts of the subsidiaries are securedby fixed and floating charges over their other assets. The bank overdrafts bear interest at rates ranging from3.75% to 8.15% (2002 - 4.00% to 8.15%) per annum.28 SHORT TERM BORROWINGSIn RM’000GroupCompany2003 2002 2003 2002SecuredTerm loans - portion due within 12 months(Note 31) 62,700 79,889 17,500 67,330Revolving credits 19,468 37,443 - -Trade financing - 19,084 - -82,168 136,416 17,500 67,330UnsecuredTerm loans - portion due within 12 months(Note 31) 73,000 10,000 73,000 10,000Short term loans 140,000 534,000 140,000 534,000Revolving credits 30,000 - 30,000 -Trade financing 1,886 - - -244,886 544,000 243,000 544,000327,054 680,416 260,500 611,330173IOI Corporation BerhadAnnual Report 2003
Page 1:
www.ioigroup.comIOI Corporation Ber
Page 5 and 6:
OPERATING BACKGROUNDThe Malaysian e
Page 7 and 8:
FINANCIAL OVERVIEW cont’dGroup’
Page 9 and 10:
REVIEW OF RESULTS cont’dEBIT cont
Page 11 and 12:
OTHER CORPORATE DEVELOPMENT AND GRO
Page 13 and 14:
SOCIAL CONTRIBUTIONSAs a responsibl
Page 15:
ACKNOWLEDGEMENTOn behalf of the Boa
Page 18 and 19:
noticeofannualgeneralmeetingNOTICE
Page 20 and 21:
noticeofannualgeneralmeeting cont
Page 22 and 23:
noticeofannualgeneralmeeting cont
Page 25 and 26:
oostingjobfulfilment“When it come
Page 27 and 28:
oardofdirectorsTan Sri Dato’ Lee
Page 29 and 30:
Dato’ Lee Yeow ChorExecutive Dire
Page 31 and 32:
Datuk Khalid b Hj HusinIndependent
Page 34 and 35:
groupfinancialoverviewBalance Sheet
Page 36 and 37:
groupperformancehighlightsIOI Corpo
Page 38 and 39:
five-yearfinancialhighlightsIn RM
Page 40:
oostingsocialcommitment“As a cari
Page 43 and 44:
HIGHLIGHTS cont’d• Net operatin
Page 45 and 46:
ECONOMIC PROFIT AND RETURNS cont’
Page 47 and 48:
RISK MANAGEMENTThe Group has in pla
Page 49 and 50:
Financial Risk Management cont’d
Page 51 and 52:
management’sdiscussionandanalysis
Page 53 and 54:
Area Statement (In Hectares)Year en
Page 55 and 56:
OPERATIONS cont’dAlthough oil yie
Page 57:
OUTLOOK AND PROSPECTSPrices of edib
Page 60 and 61:
Page 63 and 64:
Page 65 and 66:
OPERATIONS cont’dIn line with the
Page 67 and 68:
RESULTS cont’dThe Group’s overa
Page 69 and 70:
ValKepongKLCCKualaLumpurKL SentralP
Page 71 and 72:
Page 73 and 74:
OPERATIONSThe Group’s palm oil re
Page 75 and 76:
PROSPECTSThe oleochemical sub-segme
Page 77 and 78:
4 Duties and ResponsibilitiesIn ful
Page 79 and 80:
ACTIVITIES cont’dviiReview of the
Page 81 and 82:
Roles and Principal Duties cont’d
Page 83 and 84:
Board Composition and Balance cont
Page 85 and 86:
Re-electionIn accordance with the C
Page 87 and 88:
Directors’ Remuneration cont’d1
Page 89 and 90:
Financial Reporting cont’dIn addi
Page 91 and 92:
NATURE OF OUR INTERNAL CONTROLS CON
Page 93 and 94:
otherinformationCOMPOSITION OF SHAR
Page 95 and 96:
Type of Recurrent Interested Direct
Page 97 and 98:
Type of Recurrent Interested Direct
Page 99 and 100:
27 Tan Sri Dato’ Lee Shin Cheng i
Page 101 and 102:
groupbusinessstructurePlantationPla
Page 103 and 104:
EuropeNetherlands : Wormerveer and
Page 105 and 106:
■ Plantation1 Bukit Dinding Estat
Page 107 and 108:
• The exercise price of Warrants
Page 109 and 110:
MARCH 2003• IOI achieved a 5th pl
Page 111 and 112:
socialcontributions• In conjuncti
Page 113:
• IOI contributed RM100,000 for t
Page 116 and 117:
directors’reportThe Directors of
Page 118 and 119:
directors’report cont’dWARRANTS
Page 120 and 121:
directors’report cont’dEXECUTIV
Page 122 and 123:
directors’report cont’dRESERVES
Page 124 and 125: directors’report cont’dDIRECTOR
Page 126 and 127: directors’report cont’dSTATUTOR
Page 128 and 129: directors’report cont’dSIGNIFIC
Page 130 and 131: incomestatements for the financial
Page 132 and 133: statementsofchangesinequity for the
Page 134 and 135: statementsofchangesinequity for the
Page 136 and 137: cashflowstatements for the financia
Page 138 and 139: cashflowstatements for the financia
Page 140 and 141: notestothefinancialstatements cont
Page 224 and 225:
notestothefinancialstatements cont
Page 226 and 227:
Page 228 and 229:
Page 230 and 231:
eportoftheauditors to the members o
Page 232 and 233:
groupproperties cont’dAPLANTATION
Page 234 and 235:
groupproperties cont’dBDEVELOPMEN
Page 236 and 237:
groupproperties cont’dDINDUSTRIAL
Page 238 and 239:
groupproperties cont’dEOTHER PROP
Page 240 and 241:
LIST OF TOP 30 SHAREHOLDERS cont’
Page 242:
fold hereIOI Corporation BerhadNo.
show all

Eng - IOI Group

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?