|
|
|
|
Group |
Group |
|
2010 |
2009 |
|
RM |
RM |
| Revenue |
117,107,133 |
92,340,834 |
| Other operating income |
1,391,863 |
979,298 |
| Advertising expenses |
(3,419,301) |
(1,382,650) |
| Contract and outsourcing cost |
(13,190,560) |
(15,972,842) |
| Depreciation |
(1,413,416) |
(1,354,280) |
| Rental of office and equipment |
(1,500,295) |
(1,498,941) |
| Staff costs |
(36,313,235) |
(27,338,513) |
| Telecommunication expenses |
(1,070,652) |
(907,627) |
| Travelling expenses |
(635,468) |
(531,055) |
| Other operating expenses |
(10,513,313) |
(8,762,125) |
|
 |
|
| Results from operating activities |
50,442,756 |
35,572,099 |
| Interest income |
1,007,657 |
991,613 |
| Reversal of diminution in value on other investments |
- |
1,765,946 |
| Impairment losses on investments in a subsidiary and an
associate |
- |
(700,000) |
| Impairment loss on intangibles |
(330,000) |
- |
| Finance costs |
(14,333) |
(18,741) |
| Gain on disposal of a subsidiary |
- |
66,272 |
| Gain on financial assets classified as fair value through profit or loss |
185,662 |
- |
| Share of profit/(loss) of equity accounted associate and jointly-controlled entities, net of tax |
3,864,495 |
(1,052,597) |
|
|
|
| Profit before tax |
55,156,237 |
36,624,592 |
| Tax expense |
(12,018,589) |
(7,378,695) |
|
|
|
| Profit for the year |
43,137,648 |
29,245,897 |
|
|
|
| Other comprehensive income, net of tax |
|
|
| Foreign currency translation differences for foreign operations |
(769,134) |
116,968 |
| Fair value of available-for-sale financial assets |
6,203,000 |
- |
|
|
|
| Other comprehensive income for the year, net of tax |
5,433,866 |
116,968 |
|
|
|
| Profit and total comprehensive income for the year |
48,571,514 |
29,362,865 |
|
|
|
| Profit attributable to: |
|
|
| Owners of the Company |
40,980,718 |
27,687,155 |
| Minority interests |
2,156,930 |
1,558,742 |
|
|
|
| Profit for the year |
43,137,648 |
29,245,897 |
|
|
|
| |
|
|
| Basic earnings per ordinary share based on profit attributable to owners of the Company (sen) |
13.01 |
8.90 |
| |
|
|
| Diluted earnings per ordinary share based on profit attributable to owners of the Company (sen) |
12.65 |
8.79 |
| |
|
|
| Total comprehensive income attributable to: |
|
|
| Owners of the Company |
46,531,200 |
27,801,376 |
| Minority interests |
2,040,314 |
1,561,489 |
|
|
|
| Total comprehensive income for the year |
48,571,514 |
29,362,865 |
|
|
|
| |
|
|
|
|
|
|
Group |
Group |
|
2010 |
2009 |
|
RM |
RM |
| Assets |
|
|
| Property and equipment |
14,332,248 |
13,517,753 |
| Intangible assets |
2,648,047 |
2,978,047 |
| Investments in subsidiaries |
- |
- |
| Investments in associates and jointly-controlled entities |
81,116,506 |
5,654,723 |
| Other investments |
27,427,911 |
65,755,384 |
| Deferred tax assets |
3,030,032 |
143,088 |
|
|
|
| Total non-current assets |
128,554,744 |
88,048,995 |
|
|
|
| |
|
|
| Other investments |
12,027,783 |
8,305,231 |
| Tax recoverable |
6,710 |
1,500 |
| Trade and other receivables |
13,090,450 |
9,914,844 |
| Prepayments and other assets |
1,114,662 |
1,086,090 |
| Cash and cash equivalents |
50,180,499 |
50,640,907 |
|
|
|
| Total current assets |
76,420,104 |
69,948,572 |
|
|
|
| Total assets |
204,974,848 |
157,997,567 |
|
|
|
| |
|
|
| Equity |
|
|
| Share capital |
63,680,000 |
62,988,580 |
| Reserves |
103,481,542 |
64,203,933 |
|
|
|
| Total equity attributable to owners of the Company |
167,161,542 |
127,192,513 |
| Minority interest |
1,149,892 |
3,057,548 |
|
|
|
| Total equity |
168,311,434 |
130,250,061 |
|
|
|
| |
|
|
| Liabilities |
|
|
| Loans and borrowings |
368,843 |
514,916 |
| Deferred tax liabilities |
- |
215,346 |
|
|
|
| Total non-current liabilities |
368,843 |
730,262 |
|
|
|
| |
|
|
| Loans and borrowings |
157,815 |
154,297 |
| Deferred income |
24,465,214 |
18,218,368 |
| Trade and other payables |
8,829,296 |
6,746,308 |
| Taxation |
2,842,246 |
1,898,271 |
|
|
|
| Total current liabilities |
36,294,571 |
27,017,244 |
|
|
|
| Total liabilities |
36,663,414 |
27,747,506 |
|
|
|
| Total equity and liabilities |
204,974,848 |
157,997,567 |
|
|
|
| |
|
|
|
|
|
|
Group |
Group |
|
2010 |
2009 |
|
RM |
RM |
| Cash flows from operating activities |
|
|
| Profit before tax |
55,156,237 |
36,624,592 |
| Adjustments for: |
|
|
| Depreciation |
1,413,416 |
1,354,280 |
| Property and equipment written off |
5 |
9,004 |
| Loss/(Gain) on disposal of property and equipment |
20,015 |
(471) |
| Share-based payments |
1,068,197 |
236,701 |
Share of (profit)/loss after tax and minority interest of equity accounted associates and jointly-
controlled entities |
(3,864,495) |
1,052,597 |
| Dividend income |
(1,032,312) |
(2,214,039) |
| Negative goodwill on acquisition of a subsidiary |
(564,928) |
- |
| Gain on disposal of equity interest in a subsidiary |
- |
(66,272) |
| Interest income |
(1,007,657) |
(991,613) |
| Finance costs |
14,333 |
18,741 |
| Gain on disposal of investments in unit trusts |
- |
(32,488) |
| Investment distribution income |
(232,148) |
(223,824) |
| Impairment loss on investment in subsidiaries |
- |
- |
| Impairment loss on investment in an associate |
- |
700,000 |
| Impairment loss on intangibles |
330,000 |
- |
| Reversal of diminution in value on other investments |
- |
(1,765,946) |
| Gain on financial assets classified as fair value through profit or loss |
(185,662) |
- |
| Unrealised foreign exchange loss/(gain) |
187,065 |
(107,790) |
|
|
|
| Operating profit before working capital
changes |
51,302,066 |
34,593,472 |
| Changes in trade and other receivables |
(2,757,700) |
204,011 |
| Changes in prepayments and other financial assets |
(15,974) |
437,133 |
| Changes in deferred income |
6,279,945 |
1,881,649 |
| Changes in trade and other payables |
19,148 |
(739,908) |
|
|
|
| Cash generated from operations |
54,827,485 |
36,376,357 |
| Income tax paid |
(12,813,809) |
(7,531,686) |
| Interest received |
1,007,657 |
991,613 |
| Finance costs |
(14,333) |
(18,741) |
|
|
|
| Net cash generated from operating activities |
43,007,000 |
29,817,543 |
|
|
|
| |
|
|
| Cash flows from investing activities |
|
|
| Acquisition of subsidiaries, net of cash acquired |
1,490,026 |
(111,325) |
| Disposal of subsidiaries, net cash outflow |
- |
(33,493) |
| Investment distribution income received |
232,148 |
223,824 |
| Increase in investments in an associate |
(11,740,811) |
- |
| Acquisition of other investments |
(17,424,202) |
(30,472,850) |
| Purchase of property and equipment |
(2,267,425) |
(916,734) |
| Purchase of treasury shares |
(4,910) |
(2,624,300) |
| Proceeds from disposal of property and equipment |
9,232 |
1,644 |
| Proceeds from redemption of investments in quoted unit trusts
|
- |
9,861,007 |
| Dividends received from a subsidiary |
- |
- |
| Dividends received from an associate |
3,072,978 |
- |
| Dividends received from other investments |
1,032,312 |
1,945,642 |
|
|
|
| Net cash (used in)/from investing activities |
(25,600,652) |
(22,126,585) |
|
|
|
| |
|
|
| Cash flows from financing activities |
|
|
| Dividends paid to shareholders of the Company |
(17,360,920) |
(9,367,200) |
| Dividends paid to minority shareholders |
(3,035,133) |
(839,152) |
| Proceeds from issuance of shares pursuant to ESOS |
3,568,734 |
1,902,601 |
| Repayment of borrowings |
(157,816) |
(150,679) |
|
|
|
| Net cash used in financing activities |
(16,985,135) |
(8,454,430) |
|
|
|
| |
|
|
| Net increase/(decrease) in cash and cash
equivalents |
421,213 |
(763,472) |
| |
|
|
| Cash and cash equivalents at beginning of
the year |
50,640,907 |
51,119,836 |
| |
|
|
| Effects of exchange rate changes on cash and
cash equivalents |
(881,621) |
284,543 |
|
|
|
| Cash and cash equivalents at end of year |
50,180,499 |
50,640,907 |
|
|
|
| |
|
|
|
