perspective perspective - ChartNexus
perspective perspective - ChartNexus
perspective perspective - ChartNexus
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6 PROFIT FROM OPERATIONS<br />
127<br />
The following items have been (credited)/charged in arriving at profit from operations:<br />
Group Company<br />
2005 2004 2005 2004<br />
RM’000 RM’000 RM’000 RM’000<br />
Interest income from<br />
- short term deposits (32) (21) (30) (21)<br />
- advances to subsidiary companies – – (4,494) (5,312)<br />
- sale of completed properties under instalment schemes (271) (1,072) – –<br />
- others (1,543) (374) – –<br />
Gain on disposal of property, plant and equipment (16) (467) – (205)<br />
Rental income from completed and development properties (515) (481) – –<br />
Auditors’ remuneration<br />
Non statutory audit fees<br />
149 118 35 35<br />
- tax advisory and compliance work 61 34 8 7<br />
- other regulatory work 12 14 8 8<br />
Loss on disposal of property, plant and equipment – 52 – –<br />
Management fees paid and payable to related parties 338 236 104 236<br />
================= ================= ================= =================<br />
7 DIRECTORS’ REMUNERATION<br />
The aggregate amount of emoluments (excluding the estimated monetary value of benefits-in-kind) received and receivable by<br />
the Directors of the Company during the financial year are as follows:<br />
Group Company<br />
2005 2004 2005 2004<br />
RM’000 RM’000 RM’000 RM’000<br />
Executive Directors:<br />
- fees 25 25 25 25<br />
- basic salaries and bonus 450 755 450 755<br />
- defined contribution retirement plan 68 113 68 113<br />
- other emoluments 9 17 9 17<br />
––––––––––––––––––– ––––––––––––––––––– ––––––––––––––––––– –––––––––––––––––––<br />
552 910 552 910<br />
––––––––––––––––––– ––––––––––––––––––– ––––––––––––––––––– –––––––––––––––––––<br />
Non-Executive Directors:<br />
- fees 169 150 169 150<br />
- other emoluments 60 66 60 66<br />
––––––––––––––––––– ––––––––––––––––––– ––––––––––––––––––– –––––––––––––––––––<br />
229 216 229 216<br />
––––––––––––––––––– ––––––––––––––––––– ––––––––––––––––––– –––––––––––––––––––<br />
781 1,126 781 1,126<br />
================= ================= ================= =================<br />
The estimated monetary value of benefits-in-kind provided to the Executive Directors and Non-Executive Directors of the<br />
Company during the financial year by way of usage of the Company’s assets and provision of other benefits amounted to<br />
RM20,525 (2004: RM34,425) and RM22,030 (2004: RM10,100) respectively.<br />
UNITED MALAYAN LAND BHD
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