DOCSLIB.ORG

Ranhill Berhad (430537-K) 1

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Ranhill Berhad (430537-K) 1 ranhill berhad (430537-K) 1 Contents Notice of Annual General Meeting 2 Corporate Responsibility 50 Statement Accompanying the Economic 52 Notice of Annual General Meeting 3 Social 53 Group Financial Highlights 4 Environmental 54 Corporate Profile 6 Calendar of Events 56 Corporate Data 7 Reports & Financial Statements 61 Corporate Information 8 Directors’ Report 62 Corporate Structure 9 Financial Statements 67 Board of Directors 10 Statement by Directors 145 Directors’ Profiles 12 Statutory Declaration 145 Performance Review 17 Report of the Auditors 146 Chairman’s Statement 18 Analysis of Shareholdings 147 President & Chief Executive’s Review 22 Share Performance 149 Corporate Governance 35 Properties Held by the Group 150 Statement on Corporate Governance 36 Form of Proxy Audit Committee Report 44 Terms of Reference of the Audit Committee 46 Statement on Internal Control 48 2 ranhill berhad (430537-K) Notice of Annual General Meeting NOTICE IS HEREBY GIVEN THAT the Ninth Annual General As Special Business: Meeting of the Company will be held at the Ballroom 1, Level 2, 8. To consider and if thought fit, pass the following ordinary Nikko Hotel, 165 Jalan Ampang, 50450 Kuala Lumpur on Friday, resolution:- 28 October 2005 at 5.00 p.m. for the transaction of the following Authority to Allot Shares pursuant to Section 132D of the businesses: Companies Act, 1965 AGENDA “THAT pursuant to Section 132D of the Companies Act, 1965 and subject always to the approval of the relevant authorities, As Ordinary Business the Directors be and are hereby empowered to issue shares in 1. To receive the financial statements for the financial year ended the Company from time to time and upon such terms and 30 June 2005 and the Reports of the Directors and Auditors conditions and for such purposes the Directors may deem fit thereon. Resolution 1 provided that the aggregate number of shares issued pursuant 2. To approve the payment of a first and final gross dividend of to this resolution does not exceed 10% of the issued share 1.5 sen per share, less income tax at 28%, for the financial capital of the Company for the time being and that the year ended 30 June 2005. Resolution 2 Directors be and are also empowered to obtain the approval for the listing of and quotation for the additional shares so 3. To approve the payment of the Non-Executive Directors’ fees of issued on the Bursa Malaysia Securities Berhad and that such RM288,000.00 for the financial year ended 30 June 2005. authority shall continue in force until the conclusion of the next Resolution 3 Annual General Meeting of the Company.” Resolution 9 4. To consider and if thought fit, pass the following resolution 9. To transact any other business of which due notice shall have pursuant to Section 129 of the Companies Act, 1965:- been given in accordance with the Companies Act, 1965. Re-Appointment of Director “THAT Tan Sri Sallehuddin Mohamed, a director who retires in compliance with Section 129 of the Companies Act, 1965 be NOTICE OF DIVIDEND ENTITLEMENT AND PAYMENT and is hereby re-appointed a Director of the Company to hold NOTICE IS ALSO HEREBY GIVEN THAT a first and final gross office until the next Annual General Meeting.” Resolution 4 dividend of 1.5 sen per share, less income tax at 28% in respect of the financial year ended 30 June 2005 if approved by the 5. To re-elect the following Director who is retiring pursuant to shareholders at the Ninth Annual General Meeting, will be paid on Article 83 of the Company’s Articles of Association:- Tuesday, 13 December 2005 to Depositors registered in the Record Resolution 5 Sharif Lough Abdullah of Depositors at the close of business on Tuesday, 15 November 2005. 6. To re-elect the following Directors who are retiring by rotation pursuant to Article 100 of the Company’s Articles of Association:- A Depositor shall qualify for entitlement only in respect of: 6.1 Tan Sri Hamdan Mohamad Resolution 6 (a) Shares transferred to the Depositor’s Securities Account before 4.00 p.m. on Tuesday, 15 November 2005 in respect of ordinary 6.2 Kamarulzaman Omar Resolution 7 transfers; and 7. To re-appoint Messrs PricewaterhouseCoopers as Auditors and (b) Shares bought on the Bursa Malaysia Securities Berhad on a to authorise the Board of Directors to fix their remuneration. cum entitlement basis according to the Rules of the Bursa Resolution 8 Malaysia Securities Berhad. By Order of the Board DATO’ AMDAN MAT DIN (LS NO. 0004779) LAU BEY LING (MAICSA 7001523) Company Secretaries Kuala Lumpur 6 October 2005 ranhill berhad (430537-K) 3 NOTICE OF ANNUAL GENERAL MEETING Notes: 6. The instrument of proxy, together with the power of attorney (if any) 1. A member of the Company entitled to attend and vote at the above under which it is signed or a certified copy thereof, shall be deposited Meeting is entitled to appoint a proxy or proxies to attend and vote on with the Company’s Registrar, Symphony Share Registrars Sdn Bhd his behalf. (formerly known as Malaysian Share Registration Services Sdn Bhd), Level 26, Menara Multi Purpose, Capital Square, No. 8, 2. A proxy or attorney or corporate representative need not be a member Jalan Munshi Abdullah, 50100 Kuala Lumpur, not less than forty of the Company and the provisions of Section 149(1) of the Companies eight (48) hours before the time appointed for holding the Meeting or at Act, 1965 shall not apply to the Company. any adjournment thereof. 3. A member of the Company shall not be entitled to appoint more than 7. Pursuant to Paragraph 8.28(2) of the Bursa Malaysia Securities Berhad two (2) proxies to attend and vote at the same meeting provided that Listing Requirements, the details of Directors standing for re-election where a member of the Company is an authorised nominee as defined as in Agenda 4 to 6 of the Notice of the Annual General Meeting are in accordance with the provisions of the Securities Industry (Central set out in the Directors’ Profile appearing on pages 12 to 15 in the Depositories) Act, 1991, it may appoint at least one (1) proxy in respect Annual Report. of each securities account it holds with ordinary shares of the Company standing to the credit of the said securities account. Explanatory Notes on the Special Business: 8. Ordinary Resolution No. 9 - Authority to Allot Shares pursuant to 4. Where a member appoints two (2) proxies, the appointments shall be Section 132D of the Companies Act, 1965 invalid unless the proportion of the holding to be represented by each The ordinary resolution no. 9 proposed, if passed, will give the Directors proxy is specified. of the Company, from the date of the General Meeting, authority to 5. The instrument appointing a proxy shall be in writing under the hand of allot and issue ordinary shares from the unissued share capital of the the appointor or his attorney duly authorised in writing, or if the appointor Company up to an aggregate amount not exceeding 10 percent of the is a corporation, either under its common seal or under the hand of an issued share capital of the Company for the time being. This authority officer or attorney duly authorised. unless revoked or varied at a General Meeting will expire at the next Annual General Meeting. Statement Accompanying the Notice of Annual General Meeting Statement accompanying the Notice of the Ninth Annual Pursuant to Article 100 of the Company’s Articles of Association General Meeting of the Company to be held at the Ballroom 1, i) Tan Sri Hamdan Mohamad Level 2, Nikko Hotel, 165 Jalan Ampang, 50450 Kuala Lumpur on ii) Kamarulzaman Omar Friday, 28 October 2005 at 5.00 p.m. Details of Directors standing for re-appointment and re-election 1. Details of Directors who are standing for re-appointment are set out in the Profile of Directors on pages 12 to 15 of the or re-election Annual Report. Pursuant to Section 129 of the Companies Act, 1965 i) Tan Sri Sallehuddin Mohamed 2. Details of Attendance of Directors at Board Meetings held during the financial year ended 30 June 2005 Pursuant to Article 83 of the Company’s Articles of Association The details of attendance of Directors at Board meetings are i) Sharif Lough Abdullah disclosed under the Statement on Corporate Governance on page 37 of the Annual Report. 4 ranhill berhad (430537-K) Group Financial Highlights Revenue Profit before taxation Net profit Basic earnings RM'000 RM'000 for the financial year per ordinary share RM'000 sen 01 02 03 04 05 01 02 03 04 05 01 02 03 04 05 01 02 03 04 05 6.27 10.95 15.53 15.67 13.62 49,659 82,860 81,838 75,637 95,848 34,062 55,221 55,705 48,429 33,134 424,895 620,754 770,577 792,944 1,492,251 2001 2002 2003 2004 2005 RM’000 RM’000 RM’000 RM’000 RM’000 Revenue 424,895 620,754 770,577 792,944 1,492,251 Profit before taxation 49,659 82,860 81,838 75,637 95,848 Net profit for the financial year 34,062 55,221 55,705 48,429 33,134 Weighted average number of ordinary shares (’000) 311,0901 355,5001 355,5002 355,5002 528,378 Basic earnings per ordinary share (sen) 10.95 15.53 15.67 13.62 6.27 Note: 1 Adjusted for the 1-for-2 bonus issue in 2003 and 2-for-1 bonus issue in 2005 2 Adjusted for the 2-for-1 bonus issue in 2005 ranhill berhad (430537-K) 5 GROUP FINANCIAL HIGHLIGHTS Segmental Reporting Revenue RM’000 Results RM’000 (11,728) 6,954 43,268 29,064 361,553 (15,154) 2005 150,320 2005 858,396 78,678 177,275 Assets RM’000 Liabilities RM’000 891,138 22,699 564,795 260,091 413,896 96,152 142,534 73,824 2005 5,658,345 2005 7,998,484 Engineering, procurement, construction, Power generation, Manufacturing Water Others construction management services and transmission and project management services distribution (“EPC & EPCM/PMC”) The above segment revenue, segment results, segment assets and segment liabilities are determined before intra-group balances and intra-group transactions are eliminated, except to the extent that such intra-group balances and transactions are between operating units within a single segment.
Load more

Recommended publications
  • (Formerly Known As Ranhill Holdings Berhad) QUARTERLY REPO
    RANHILL UTILITIES BERHAD (Registration No : 201401014973 (1091059-K)) (formerly known as Ranhill Holdings Berhad) QUARTERLY REPORT ON CONSOLIDATED RESULTS FOR THE SECOND QUARTER ENDED 30 JUNE 2020 UNAUDITED CONDENSED STATEMENTS OF COMPREHENSIVE INCOME (1) Individual Quarter Cummulative Period Current year Preceding year Current year Preceding year quarter quarter to date to date NOTE 30/06/2020 30/06/2019 30/06/2020 30/06/2019 RM'000 RM'000 RM'000 RM'000 Revenue 368,878 423,992 737,159 829,043 Cost of sales (281,034) (303,211) (548,082) (592,546) Gross profit 87,844 120,781 189,077 236,497 Other items of income Interest income 11,750 13,571 25,403 27,081 Other income 1,891 413 6,664 3,488 Other items of expense Admin/Operating expenses (61,333) (60,199) (121,354) (117,366) Finance costs (20,257) (25,524) (42,203) (52,183) Zakat 5,104 (902) 4,854 (2,266) Share of results of associates 4,579 2,129 8,417 4,606 Profit before tax 29,578 50,269 70,858 99,857 Income tax expense B5 (8,835) (19,006) (22,753) (35,666) Profit net of tax 20,743 31,263 48,105 64,191 Other comprehensive income/(loss): Foreign currency translation 2,305 2,670 3,500 3,423 Remeasurement of defined benefit liability (4,407) - (4,407) - Total other comprehensive income/(loss) (2,102) 2,670 (907) 3,423 Total comprehensive income for the year/period 18,641 33,933 47,198 67,614 Profit net of tax attributable to: Owners of the parent 13,188 18,671 31,378 40,038 Non-controlling interests 7,555 12,592 16,727 24,153 20,743 31,263 48,105 64,191 Total comprehensive income attributable
    [Show full text]
  • A Brighter Future Ahead
    A Brighter Future Ahead Sustainability Report 2020 th Annual General Meeting 7(“Fully Virtual”) Date : 28 June 2021, Monday Time : 2.00 p.m. COVER RATIONALE Broadcast As in previous years, the cover of Venue : Tricor Business Centre, the Ranhill Utilities Berhad (“Ranhill”) Gemilang Room, Unit 29-01, Sustainability Report 2020 (“SR2020”) Level 29, Tower A, Vertical Business Suite, is identical to our Annual Report Avenue 3, Bangsar South, 2020 (“AR2020”). This is in line with No. 8, Jalan Kerinchi, ensuring consistency in our corporate 59200 Kuala Lumpur messages. Our Reports ANNUAL REPORT 2020 SUSTAINABILITY REPORT 2020 The AR2020 provides a comprehensive The SR2020 is a comprehensive report of the Group’s account of Ranhill’s financial performance sustainability performance. It covers results achieved as well as the audited financial accounts. for material Economic, Environment and Social (“EES”) topics. It also provides strategic information pertaining to REPORTING the Group’s business and operational strategies, its SUITE The SR2020 is developed in accordance to the GRI challenges and risks, outlook and prospects as well as 2018 Standard as well as disclosure requirements information on its business model and industry value under the Bursa Malaysia FTSE4Good Index. chain including financial and non-financial values created. CORPORATE GOVERNANCE REPORT (“CG2020”) CG2020 demonstrates how Ranhill has applied corporate governance practices as provided for in the Malaysian Code of Corporate Governance 2017 (“MCCG” 2017”). Contents page
    [Show full text]
  • RANHILL-Annualreport2007
    Transforming Challenges into Opportunities Annual Report 2007 Contents 2 Chairman’s Statement 4 Message to Shareholders 6 Group Financial Highlights 8 Our Global Reach 10 At a Glance 12 Oil & Gas 14 Power 16 Water 18 Infrastructure 24 Corporate Information 25 Board of Directors 26 Directors’ Profile 29 Ranhill Leadership 31 Reports and Statutory Statements Form of Proxy “From the plants that power nations, to the water that children drink; from the bridges that link cities, to the hospitals that shelter nursing mothers; we’ve had a hand in creating these, and more. Whatever we set out to do, we do it to the best of our abilities. And what’s more, we deliver on our promises. That’s the basic premise of our business and that’s why clients keep coming back to Ranhill.” Chairman’s Statement Dear Shareholders, ones throughout Asia and Africa. Leveraging upon our E&C capability, On behalf of the Board of Directors, I am pleased to present the Annual we continued to expand dynamically into the development, operation Report and Financial Statements of Ranhill Berhad (“Ranhill” or “the and ownership of assets in the Energy and Infrastructure sectors. Group”) for the financial year ended 30 June 2007. Exciting new developments on the exploration and production side hold much promise for the future growth of our Oil & Gas Division PERFORMANCE HIGHLIGHTS especially in the light of continuing high demand for hydrocarbons. Our Ranhill turned in a sterling performance for the year under review. Water Division, spearheaded by Ranhill Utilities, has strengthened its Not only did we accomplish record highs on the financial front, we position as a top ranking regional water utilities player and is poised to strengthened our position as a premier engineering and construction make the most of water and wastewater opportunities under the Ninth player in the Oil & Gas, Power, Water and Infrastructure sectors, Malaysian Plan and the nation’s new water regulatory regime.
    [Show full text]
  • Malaysian Water Sector Reform Policy and Performance
    Malaysian water sector reform Policy and performance Ching Thoo Kim Malaysian water sector reform Policy and performance Ching Thoo Kim Thesis committee Promotor Prof. dr. ir. A.P.J. Mol Professor of Environmental Policy, Wageningen University Co-promotor Dr. B.J.M. van Vliet Assistant professor, Environmental Policy Group, Wageningen University Other members Prof. dr. ir. H.H.M. Rijnaarts Wageningen University Prof. dr. ir. C.J.A.M. Termeer Wageningen University Prof. dr. ir. P. van der Zaag UNESCO-IHE Institute for Water Education, Delft Dr. ir. Hasnul Mohamad Salleh Ministry of Energy, Green Technology and Water, Putrajaya, Malaysia This research was conducted under the auspices of the Graduate School for Socio-Economic and Natural Sciences of the Environment (SENSE) Malaysian water sector reform Policy and performance Ching Thoo Kim Thesis submitted in fulfillment of the requirements for the degree of doctor at Wageningen University by the authority of the Rector Magnificus Prof. dr. M.J. Kropff, in the presence of the Thesis Committee appointed by the Academic Board to be defended in public on Wednesday 19th December 2012 at 1.30 p.m. in the Aula. Kim, Ching Thoo Malaysian water sector reform - Policy and performance PhD thesis, Wageningen University, Wageningen, NL (2012) With references, with summaries in Dutch and English ISBN: 978-94-6173-456-3 ISBN: 978-90-8686-219-1 Malaysian water sector reform 7 Preface ‘There is no life without water. We do not inherit water from our grandfathers, but instead borrow it from our grandchildren. There is no alternative to water’. We often hear water managers and policy makers chanting these mantras.
    [Show full text]
  • Ranhill Brochure
    Regasification Terminal Sungai Udang (RGTSU), Melaka | 2.274208, 102.131806 WATER, POWER, OIL AND GAS, INFRASTRUCTURE, TRANSPORTATION Level 23, Menara AIA Capsquare, 10, Jalan Munshi Abdullah Kuala Lumpur Bangunan RanhillSaj, Jalan Garuda, Larkin, 80350 Johor Bahru Kuala Lumpur Johor Bahru [email protected] +603 2039 9888 +607 225 5300 Content Overview Ranhill 03 Our Business 04 A) Subsidiaries of Ranhill Utilities Berhad RanhillSaj 05 Integrated Geographical System GIS 06 SAJ Info Center 06 Automatic Meter Reading 07 Quality Control 07 Sri Gading Central Lab 08 Key Performance Indices 08 Ranhill Water Technologies 09 Amata City Industrial Estate 10 Amata Nakorn Chonburi, Thailand 11 Forest City, Malaysia 12 China 13 India, Haldia 14 Ranhill Water Services 15 Typical DMA Layout & NNF Against Time 16 AquaSMART 17 NRW Reduction, Johor 18 NRW Reduction, Melaka 19 NRW Reduction, Pahang 20 NRW Reduction, Kelantan 21 Leakage Reduction Riyadh City, Saudi Arabia 22 RanhillPower 23 Ranhill Powertron I & II 24 Technical Specifications 25 B) Related Parties of Ranhill Utilities Berhad Ranhill Worleyparsons 27 Project Development 28 B193 Development Project 29 Kasawari Gas Development Project 30 Zawtika M-9 Development Project 31 Tapis EOR and Rejuvenation Project 32 Liwan 3-1 Area Facilities Development 33 Salman Offshore Facilities 34 Hibiscus Project & Honeydew Project 35 Cherry Project 36 LEKAS Regasification 37 Ranhill Process Sytems 39 Terengganu Crude Oil Terminal (TCOT) 40 Melut Basin Oil Development Project 41 Expansion of Melut Basin Oil
    [Show full text]
  • Consolidating Resources for Future Growth Annual Report 2008 Contents
    Consolidating Resources for Future Growth Annual Report 2008 Contents 2 Message to Shareholders 4 Ranhill Leadership 5 Group Financial Highlights 6 Corporate Information 7 Board of Directors 8 Directors’ Profi le 12 Our Global Reach 14 Overview 21 Report and Statutory Statements Form of Proxy “From building power plants in Malaysia to constructing residential apartments in Libya; from treating recycled water in China to upgrading oil and gas facilities in Sudan; we’re putting in place the infrastructure that’s propelling nations forward. With a wealth of regional experience and some solid expertise to boot, we keep giving of our best and delivering on our promises. This simple formula has served us well wherever we’ve gone and it’s probably the reason why clients keep coming back to Ranhill.” Ranhill Berhad (430537-K) 1 Message to Shareholders Dear Shareholders, whereby SAJH will surrender its build-operate-transfer concession in Johor in return The year 2008 was both a challenging and opportunistic one for Ranhill. for a license to operate as a water operations and maintenance operator. SAJH will sell We took measures to rationalise our operations and consolidate our resources for off all their assets at a one-time book value and transfer RM2.5 billion of its liabilities future growth. to the Government. The Government will lease the assets back to SAJH. In the 2008 financial year (“FY2008”), we grew our revenues by 30% to a record As such, SAJH will migrate from being an asset heavy utility to becoming an asset of RM1.9 billion and produced a gross profit of RM72.9 million.
    [Show full text]
  • The Case of Malaysia”
    Lee, April 2007 UNRISD UNITED NATIONS RESEARCH INSTITUTE FOR SOCIAL DEVELOPMENT “Social policies and private sector participation in water supply – the case of Malaysia” Cassey Lee Hong Kim University of Nottingham, Malaysia prepared for the UNRISD project on “Social Policy, Regulation and Private Sector Involvement in Water Supply” DRAFT WORKING DOCUMENT Do not cite without the author’s approval 1 The United Nations Research Institute for Social Development (UNRISD) is an autonomous agency engaging in multidisciplinary research on the social dimensions of contemporary problems affecting development. Its work is guided by the conviction that, for effective development policies to be formulated, an understanding of the social and political context is crucial. The Institute attempts to provide governments, development agencies, grassroots organizations and scholars with a better understanding of how development policies and processes of economic, social and environmental change affect different social groups. Working through an extensive network of national research centres, UNRISD aims to promote original research and strengthen research capacity in developing countries. Research programmes include: Civil Society and Social Movements; Democracy, Governance and Well-Being; Gender and Development; Identities, Conflict and Cohesion; Markets, Business and Regulation; and Social Policy and Development. A list of the Institute’s free and priced publications can be obtained by contacting the Reference Centre. UNRISD, Palais des Nations 1211 Geneva 10, Switzerland Tel: (41 22) 9173020 Fax: (41 22) 9170650 E-mail: [email protected] Web: http://www.unrisd.org Copyright © United Nations Research Institute for Social Development (UNRISD). This is not a formal UNRISD publication. The responsibility for opinions expressed in signed studies rests solely with their author(s), and availability on the UNRISD Web site (http://www.unrisd.org) does not constitute an endorsement by UNRISD of the opinions expressed in them.
    [Show full text]
  • RANHILL UTILITIES BERHAD (Registration No : 201401014973 (1091059-K)) (Formerly Known As Ranhill Holdings Berhad)
    RANHILL UTILITIES BERHAD (Registration No : 201401014973 (1091059-K)) (formerly known as Ranhill Holdings Berhad) QUARTERLY REPORT ON CONSOLIDATED RESULTS FOR THE FIRST QUARTER ENDED 31 MARCH 2020 UNAUDITED CONDENSED STATEMENTS OF COMPREHENSIVE INCOME (1) Individual Quarter Cummulative Period Current year Preceding year Current year Preceding year quarter quarter to date to date NOTE 31/03/2020 31/03/2019 31/03/2020 31/03/2019 RM'000 RM'000 RM'000 RM'000 Revenue 368,281 405,051 368,281 405,051 Cost of sales (267,048) (289,335) (267,048) (289,335) Gross profit 101,233 115,716 101,233 115,716 Other items of income Interest income 13,653 13,510 13,653 13,510 Other income 4,773 3,075 4,773 3,075 Other items of expense Admin/Operating expenses (60,021) (57,167) (60,021) (57,167) Finance costs (21,946) (26,659) (21,946) (26,659) Zakat (250) (1,364) (250) (1,364) Share of results of associates 3,838 2,477 3,838 2,477 Profit before tax 41,280 49,588 41,280 49,588 Income tax expense B5 (13,918) (16,660) (13,918) (16,660) Profit net of tax 27,362 32,928 27,362 32,928 Other comprehensive income: Foreign currency translation, representing total other comprehensive income/(loss) 1,195 753 1,195 753 Total comprehensive income for the year/period 28,557 33,681 28,557 33,681 Profit net of tax attributable to: Owners of the parent 18,190 21,367 18,190 21,367 Non-controlling interests 9,172 11,561 9,172 11,561 27,362 32,928 27,362 32,928 Total comprehensive income attributable to: Owners of the parent 19,385 22,119 19,385 22,119 Non-controlling interests
    [Show full text]
  • RANHILL UTILITIES BERHAD (Registration No : 201401014973 (1091059-K)) (Formerly Known As Ranhill Holdings Berhad)
    RANHILL UTILITIES BERHAD (Registration No : 201401014973 (1091059-K)) (formerly known as Ranhill Holdings Berhad) QUARTERLY REPORT ON CONSOLIDATED RESULTS FOR THE THIRD QUARTER ENDED 30 SEPTEMBER 2020 UNAUDITED CONDENSED STATEMENTS OF COMPREHENSIVE INCOME (1) Individual Quarter Cummulative Period Current year Preceding year Current year Preceding year quarter quarter to date to date NOTE 30/09/2020 30/09/2019 30/09/2020 30/09/2019 RM'000 RM'000 RM'000 RM'000 Revenue 385,478 409,060 1,122,637 1,238,103 Cost of sales (293,584) (292,836) (841,666) (885,382) Gross profit 91,894 116,224 280,971 352,721 Other items of income Interest income 11,354 12,458 36,757 39,539 Other income 5,962 2,718 12,626 6,206 Other items of expense Admin/Operating expenses (54,782) (63,423) (176,136) (180,789) Finance costs (18,873) (23,874) (61,076) (76,057) Zakat (1,083) (250) 3,771 (2,516) Share of results of associates 3,808 4,018 12,225 8,624 Profit before tax 38,280 47,871 109,138 147,728 Income tax expense B5 (14,456) (18,880) (37,209) (54,546) Profit net of tax 23,824 28,991 71,929 93,182 Other comprehensive income/(loss): Foreign currency translation (2,827) (1,336) 673 2,087 Remeasurement of defined benefit liability - - (4,407) - Total other comprehensive income/(loss) (2,827) (1,336) (3,734) 2,087 Total comprehensive income for the year/period 20,997 27,655 68,195 95,269 Profit net of tax attributable to: Owners of the parent 15,096 17,630 46,474 57,668 Non-controlling interests 8,728 11,361 25,455 35,514 23,824 28,991 71,929 93,182 Total comprehensive
    [Show full text]