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162 | S P SETIA BERHAD GROUP | Annual Report 2014

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 October 2014

V. FINANCIAL STATEMENTS

15. GROSS AMOUNT DUE FROM/TO CUSTOMERS

Group

2014

2013

RM’000

RM’000

Aggregate contract expenditure incurred to-date

139,552

71,665

Attributable profit recognised to-date

18,217

13,340

157,769

85,005

Progress billings

(143,073)

(86,675)

14,696

(1,670)

Gross amount due from customers

14,859

641

Gross amount due to customers

(163)

(2,311)

14,696

(1,670)

Progress billings comprise:

Progress billings

- received

36,860

52,948

- receivable

78,832

12,944

Retention sums

27,381

20,783

143,073

86,675

Contract expenditure includes the following expenses incurred during the financial year:

Group

2014

2013

RM’000

RM’000

Depreciation

1,493

1,369

Hire of machinery

10,714

6,086

Rental expense

365

348