|
Group |
|
2004 |
|
RM |
| |
|
| Revenue |
34,931,588 |
| Other operating income |
682,735 |
| Advertising expenses |
(603,811) |
| Allowance for doubtful debts |
(380,669) |
| Contract and outsourcing cost |
(8,406,594) |
| Depreciation |
(540,423) |
| Rental of office and equipment |
(751,754) |
| Staff costs |
(10,565,544) |
| Telecommunication expenses |
(297,589) |
| Travelling expenses |
(470,210) |
| Other operating expenses |
(3,160,123) |
 |
|
| Operating profit |
10,437,606 |
| Interest income |
283,976 |
| Interest expense |
(629,809) |
|
|
| Profit before taxation |
10,091,773 |
| Tax expense |
(402,050) |
|
|
| Profit after taxation |
9,689,723 |
| Minority interests |
(406,670) |
|
|
| Net profit from ordinary activities |
9,283,053 |
| Pre-acquisiton profit |
(6,869,899) |
|
|
| Net profit for the period |
2,413,154 |
|
|
| Basic earnings per ordinary shares (sen) |
4.57 |
|
|
| Diluted earnings per ordinary shares (sen) |
4.50 |
|
|
|
|
|
Group |
|
2004 |
|
RM |
| Equipment |
1,345,556 |
| Investments in subsidiaries |
- |
| Investment |
116,279 |
| Goodwill |
3,524,072 |
| Deferred tax assets |
58,732 |
| |
|
| Current assets |
|
| Trade and other receivables |
7,402,321 |
| Tax recoverable |
363,434 |
| Cash and cash equivalents |
24,401,203 |
|
|
|
32,166,958 |
|
|
| Current liabilities |
|
| Trade and other payables |
7,077,082 |
| Taxation |
250,708 |
|
|
|
7,327,790 |
|
|
| Net current assets |
24,839,168 |
|
|
|
29,883,807 |
|
|
| |
|
| Financed by: |
|
| Capital and reserves |
|
| Share capital |
20,100,000 |
| Reserves |
8,931,622 |
|
|
| Shareholders' funds |
29,031,622 |
| Minority shareholders' interest |
843,260 |
| Deferred tax liabilities |
8,925 |
|
|
|
29,883,807 |
|
|
| |
|
|
|
|
Group |
|
2004 |
|
RM |
| Cash flows from operating activities |
|
| Profit before taxation |
10,091,773 |
| Adjustments for: |
|
| Depreciation |
141,645 |
| Equipment written off |
429 |
| Gain on disposal of equipment |
(85) |
| Interest income |
(130,101) |
| Pre-acquisition profit before tax |
(7,567,067) |
|
|
| Operating profit before working capital changes |
2,536,594 |
| |
|
| Changes in working capital: |
|
| Trade and other receivables |
745,934 |
| Trade and other payables and deferred income |
303,595 |
| Exchange differences |
66,211 |
|
|
| Cash generated from operations |
3,652,334 |
| Income tax paid |
(154,185) |
| Interest received |
130,101 |
|
|
| Net cash generated from operating activities |
3,628,250 |
|
|
|
|
| Cash flows from investing activities |
|
| Acquisition of investment |
(116,279) |
| Acquisition of subsidiaries, net of cash required |
13,069,473 |
| Purchase of equipment |
(214,160) |
| Proceeds from disposal of equipment |
85 |
|
|
| Net cash generated from investing activities |
12,739,119 |
|
|
|
|
| Cash flows from financing activity |
|
| Proceeds from issuance of shares net of listing expenses |
7,951,316 |
|
|
| Net cash generated from financing activity |
7,951,316 |
|
|
|
|
| Net increase in cash and cash equivalents |
24,318,685 |
| Cash and cash equivalents at beginning of period |
2 |
| Effects of exchange rate changes on cash and cash equivalents |
82,516 |
|
|
| Cash and cash equivalents at end of period |
24,401,203 |
|
|
|
|
| Cash and cash equivalents comprise: |
|
| Fixed deposits with licensed banks |
19,096,551 |
| Cash and bank balances |
5,304,652 |
|
|
|
24,401,203 |
|
|
|
|
|
