Page 177 - S P Setia Annual Report 2016

 

 

 

 

 

Page 177 - S P Setia Annual Report 2016
P. 177

S P Setia Berhad Group                                                                                175
          Annual Report 2016




                                                                               Notes To The Financial Statements

                                                                                  For The Financial Year Ended 31 December 2016

          30.  FINANCE COSTS

                                                                        Group                      Company
                                                                   1.1.2016     1.11.2014      1.1.2016      1.11.2014
                                                                         to           to             to            to
                                                                 31.12.2016    31.12.2015    31.12.2016     31.12.2015
                                                                   RM’000         RM’000        RM’000        RM’000

               Bank overdraft interest                               3,326          3,231         2,168         2,421
               Revolving credit interest                            31,446         27,990        13,783        14,243
               Term loan interest                                   71,615         67,074       46,192         39,786
               Preference share dividend                             2,325          1,485            -             -
               Interest expense to:
               -  subsidiary companies                                   -             -         6,705          1,458
               Interest expense on financial liabilities measured at
                 amortised cost                                      3,349          3,196            -             -
               Others                                                8,227          7,316         3,912         1,429
                                                                   120,288        110,292        72,760        59,337



         31.   PROFIT BEFORE TAX

                                                                         Group                     Company
                                                                   1.1.2016     1.11.2014      1.1.2016      1.11.2014
                                                                         to            to            to            to
                                                                 31.12.2016    31.12.2015    31.12.2016     31.12.2015
                                                                   RM’000         RM’000        RM’000        RM’000

               Profit before tax is stated after charging/(crediting):
               Auditors’ remuneration
               -  current year                                       1,632          1,334          130           123
               -  underprovision in prior period/year                 300             50            50             -
               -  other services                                       502           975           293           975
               Bad debts                                             3,672          6,501         3,672            -
               Doubtful debts                                         403            719             -           794
               Depreciation
               -  property, plant and equipment                     19,019         26,136            2             6
               -  investment properties                              7,009         6,870            10            11
               Direct operating expenses on
               -  income generating investment properties            4,907         6,600             -             -
               -  non-income generating investment properties            8             8             8             8
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