L a p o r a n T a h u n a n 2 0 0 0 A n n u a l R e p o r t - ChartNexus

Income StatementsFor the financial period of seventeen months ended 31 December 2000GroupCompany17 months Financial 17 months Financialended year ended ended year endedNote 31.12.2000 31.7.1999 31.12.2000 31.7.1999RM RM RM RMRevenue 4 126,840,148 114,736,650 29,360,282 32,967,593Other operating income 3,226,198 2,395,907 – –Development costs recognised as expenses (72,244,667) (60,905,414) – –Construction costs recognised as expenses (9,889,346) – – –Staff costs (15,149,847) (10,538,433) (6,141,079) (4,321,976)Depreciation (4,134,074) (1,838,380) (1,228,755) (421,434)Advertising and promotion expenses (2,536,169) (552,213) (75,797) (53,781)Upkeep, repair and maintenance of assets (1,050,678) (452,087) (157,241) (114,348)Rental of premises (1,015,352) (697,063) (539,163) (369,506)Provision for doubtful debts (527,723) (3,229,289) – (200,000)Overprovision of doubtful debts written back 1,054,340 – – –Professional consultancy fees (2,022,270) (729,401) (193,160) (301,799)Other operating expenses (5,987,159) (1,684,283) (643,951) (422,791)Profit from operations 5 16,563,401 36,505,994 20,381,136 26,761,958Finance cost 6 (781,816) (244,338) – –Share of results of associated company 256,312 (551,366) – –Profit from ordinary activities before taxation 16,037,897 35,710,290 20,381,136 26,761,958Taxation– Company and subsidiary companies 7 (6,864,697) (2,918,708) (6,039,800) (5,763,401)– Associated company 7 – (4,005) – –(6,864,697) (2,922,713) (6,039,800) (5,763,401)Profit from ordinary activities after taxation 9,173,200 32,787,577 14,341,336 20,998,557Minority interest (3,751,734) (859,679) – –Net profit attributable to shareholders 5,421,466 31,927,898 14,341,336 20,998,557Earnings per share (sen)– basic 8 2 14Dividends per share (sen) 9 7.5 7.5The notes set out on pages 43 to 62 form an integral part of these financial statements.UNITED MALAYAN LAND BHD37