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I-Berhad (7029-H) - Bursa Malaysia

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24.Significant Related Party Transactions<br />

1999 1998<br />

Group RM RM<br />

Sales to companies with common directors – 419,115<br />

Company<br />

Purchases from a subsidiary 1,359,918 1,239,608<br />

Sales to subsidiaries 26,464,438 5,283,736<br />

Rental of machinery and equipment<br />

receivable from a subsidiary 35,388 35,388<br />

The directors are of the opinion that the above transactions have been entered into in the normal course<br />

of business and have been established under terms that are no less favourable than those arranged with<br />

third parties.<br />

25.Segmental Analysis<br />

(Loss)/Profit Total<br />

before assets<br />

1999 Turnover taxation employed<br />

Manufacturing 60,670,169 (7,170,931) 61,366,753<br />

Trading 29,514,089 1,772,805 24,309,576<br />

Investment – – 7,769,354<br />

90,184,258 (5,398,126) 93,445,683<br />

Consolidation adjustments (27,859,744) (162,400) (25,839,595)<br />

1998<br />

62,324,514 (5,560,526) 67,606,088<br />

Manufacturing 60,272,141 (4,590,489) 61,416,354<br />

Trading 5,983,205 (11,844) 2,945,072<br />

Investment – – 9,065,757<br />

66,255,346 (4,602,333) 73,427,183<br />

Consolidation adjustments (6,781,262) (82,173) (9,809,440)<br />

59,474,084 (4,684,506) 63,617,743<br />

An analysis by geographical segments has not been presented as the Group’s activities are primarily<br />

in <strong>Malaysia</strong>.<br />

26.Currency<br />

All amounts are stated in Ringgit <strong>Malaysia</strong> (RM).<br />

57

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