Events 2005 - ChartNexus

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150 Notes to the Financial Statements 31 December 2005 29. ACQUISITION OF A SUBSIDIARY COMPANY (Continued) (ii) Effect on financial position The effect of this acquisition on the financial position of the Group as at the financial year end was as follows: 31.12.2005 RM’000 Property, plant and equipment 2,592 Other receivables, deposits and prepayments 4 Cash and bank balances 66 Other payables and accruals (1,035) Amount owing to holding company (2,088) Deferred tax liabilities (195) Group’s share of net assets (656) Decrease in Group’s net assets (656) (iii) Effect on Group’s cash flow statement Details of net assets acquired, goodwill and cash flow arising from the acquisition were as follows: As at 9.11.2005 (Date of acquisition) RM’000 Other receivables, deposits and prepayments 48 Cash and bank balances 1 Other payables and accruals (354) Fair value of net assets acquired at 9 November 2005 (305) Intangible assets – radio license (Note 7) 7,483 Total purchase consideration 7,178 Less: Cash and cash equivalents in subsidiary acquired – cash and bank balances (1) Cash outflow on acquisition 7,177
Notes to the Financial Statements 31 December 2005 30. CASH AND CASH EQUIVALENTS Cash and cash equivalents included in the cash flow statements comprise the following balance sheet amounts: Group Company 2005 2004 2005 2004 RM’000 RM’000 RM’000 RM’000 Cash and bank balances 24,568 20,215 20,221 17,511 Short term deposits 391,778 225,658 335,243 209,068 Bank overdraft – (320) – – 416,346 245,553 355,464 226,579 31. RELATED PARTIES TRANSACTIONS 2005 2004 Sales of advertisement space to: RM’000 RM’000 Malayan United Industries Berhad 591 418 Unimech Group Berhad 6 – LPI Capital Berhad 13 – PLUS Expressway Berhad 12 – MMC Corporation Berhad 115 – Malaysia Smelting Corporation Berhad 9 – Tanco Holdings Berhad 2 – The terms and conditions or prices of the above transactions are not materially different from that obtainable in transaction with unrelated parties. The relationship between the Group and the related parties are as follow: Related parties Relationship with the Group Malayan United Industries Berhad A company in which a Director of the Company, namely Yong Ming Sang has interest. Unimech Group Berhad A company in which a Director of the Company, namely Datuk Seri Kamal Mohamed Hashim has interest. LPI Capital Berhad A company in which a Director of the Company, namely Cheng Hooi, Paul Geh has interest. STAR PUBLICATIONS (MALAYSIA) BERHAD 151
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http://thestar.com.my http://www.ms
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Profile of Board of Directors Profi
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AGENDA ORDINARY BUSINESS 1. To rece
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(b) the maximum funds to be allocat
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AND THAT such approval shall contin
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Statement Accompanying Notice of An
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Financial Calendar - Financial year
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86,328 2001 102,876 2002 137,080 20
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Consolidated Cash Flow Summary Ring
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Profile of Board of Directors Profi
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DATUK SERI KAMAL MOHAMED HASHIM Dat
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Mr Geh, aged 71, was appointed as a
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DATO’ WIRA SYED ABDUL JABBAR BIN
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TAN SRI DATO’ DR SAK CHENG LUM Ta
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Senior Management Team Kumpulan Pen
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30 Corporate Governance Statement P
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Corporate Governance Statement Peny
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42 Statement on Internal Control Pe
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44 Statement on Internal Control Pe
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46 Audit Committee Report Laporan J
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Fresh PRESENTATION We are constantl
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FINANCIAL AND MARKET SHARE PERFORMA
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As part of the group’s anniversar
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The company will continue to work a
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HUMANResource Sumber Manusia 1. INT
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Human Resource Sumber Manusia 64 In
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Human Resource Sumber Manusia 66 5.
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Fresh HOPE Ensuring the progress of
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The Star together with the Asian Ce
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The Star Junior BRATs programme was
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SPORTS The Star was also actively i
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GIVING BACK TO THE COMMUNITY As a c
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80 Diary of Events 2005 Takwim Peri
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Diary of Events 2005 Takwim Peristi
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Nota kepada Penyata Kewangan 31 Dis
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Approximate Year of age of building
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Approximate Year of age of building
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LIST OF TOP THIRTY SHAREHOLDERS/DEP
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DIRECTORS’ DIRECT AND INDIRECT IN
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Corporate Directory Panduan Korpora
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Proxy Form I / We IC No. / ID No. /
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Borang Proksi Saya/Kami No. K/P / N
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Events 2005 - ChartNexus

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