You are on page 1of 2

BALANCE SHEETS 1/2

as at 31 December 2003

Group Group Company Company


2003 2002 2003 2002
Note RM’000 RM’000 RM’000 RM’000

NON CURRENT ASSETS


Concession assets 5 8,675,600 8,654,047 - -
Property, plant and equipment 6 31,187 25,697 10,018 -
Investment in subsidiary 7 - - 1,250,000 1,250,000
Future income tax benefit 8 70,322 70,322 - -

CURRENT ASSETS
Toll compensation recoverable
from the Government of Malaysia 9 422,992 286,896 - -
Sundry receivables, deposits and prepayments 10 26,035 9,704 1,331 -
Amounts owing from related companies 11 658 3,661 28 -
Amount owing from subsidiary 11 - - 163,477 -
Short term investments 12 1,062 - - -
Short term deposits with licensed banks 13 1,244,406 924,789 22,889 -
Cash and bank balances 13 6,031 5,268 232 1

1,701,184 1,230,318 187,957 1

CURRENT LIABILITIES
Trade payables 21,635 38,930 - -
Sundry payables and accruals 14 60,349 54,554 4,121 209
Amount owing to immediate holding company 11 10,707 17,449 70 109
Amounts owing to related companies 11 53,206 80,656 - -
Amount owing to subsidiary 11 - - - 7,523
BAIDS 20 200,000 100,000 - -
Income tax 1,413 - 1,413 -

347,310 291,589 5,604 7,841

NET CURRENT ASSETS/(LIABILITIES) 1,353,874 938,729 182,353 (7,840)

10,130,983 9,688,795 1,442,371 1,242,160


BALANCE SHEETS 2/2
as at 31 December 2003

Group Group Company Company


2003 2002 2003 2002
Note RM’000 RM’000 RM’000 RM’000

FINANCED BY:
Share capital 15 1,250,000 1,250,000 1,250,000 1,250,000
Capital reserve 16 461,138 461,138 - -
Merger reserve 17 298,834 298,834 - -
Revenue reserve/(Accumulated losses) 18 1,069,233 512,172 191,637 (7,840)

3,079,205 2,522,144 1,441,637 1,242,160

Borrowings 19 962,000 962,000 - -


BAIDS 20 4,800,000 5,000,000 - -
BBA serial bonds 21 1,223,640 1,151,275 - -

LONG TERM LIABILITIES


Amount owing to immediate holding company 11 6,885 6,885 - -
Retirement benefits 4 (h) (ii) 14,394 11,074 - -
Deferred liabilities 22 44,125 35,417 - -
Deferred tax liability 8 734 - 734 -

10,130,983 9,688,795 1,442,371 1,242,160

The accompanying notes form an integral part of the financial statements.

You might also like