Bank Negara Funds Transfer - Excel by not14495

VIEWS: 29 PAGES: 5

More Info
									                                                              AFFIN HOL DINGS B ERHAD
                                                               (Co m p an y n o . 23218 - W)
                                                           Co n d en sed Fin an cial Statem en ts

                                                       Un au d ited B alan ce Sh eet As At 30/9/2004

                                                                                           GROUP                             COMPANY

                                                                                Current             Previous           Current             Previous
                                                                               Financial         Financial Year       Financial         Financial Year
                                                                                Quarter              Ended             Quarter              Ended
                                                                               30-9-2004            31-12-2003        30-9-2004          31-12-2003
                                                                                RM'000                RM'000           RM'000              RM'000
 ASSET
 Cash and short term funds                                                       2,904,828            5,277,728            36,864              32,501
 Securities purchased under resale agreements                                                -                    -               -                   -
 Deposits and placements with financial institutions                            1,951,198              767,747              7,411               7,410
 Dealing securities                                                             1,493,803              880,737                    -                   -
 Investments securities                                                         8,088,211            8,759,212                    -                   -
 Loans and advances and financing                                              16,662,707           16,605,571                    -                   -
 Statutory deposits with Bank Negara Malaysia                                     685,620              722,208                    -                   -
 Investment in subsidiaries                                                                  -                    -     2,695,981           2,647,451
 Amount due from subsidiaries                                                                -                    -        19,532              48,022
 Investment in associated company                                                   63,422              64,381             10,597              10,597
 Trade debtors                                                                     325,318             234,733                    -                   -
 Other assets                                                                      255,336             432,428              2,173               5,149
 Tax recoverable                                                                   116,088              98,244             47,787              40,019
 Deferred tax assets                                                               229,398             314,320                    -                   -
 Goodwill on consolidation                                                         863,810             852,085                    -                   -
 Property, plant and equipment                                                     342,503             351,106                343                 315




 TOTAL ASSETS                                                                  33,982,242           35,360,500         2,820,688           2,791,464

 L IAB IL ITIES, SHAREHOL DERS' EQUITY
 AND MINORITY INTERESTS

 Deposits from customers                                                       22,196,076           21,839,317                      -                    -
 Deposits and placements of bank and other financial
 institutions                                                                    3,510,550            5,133,991                     -                    -
 Obligation on securities sold under repurchase
 agreements                                                                        418,962              492,954                     -                    -
 Bills and acceptance payable                                                      605,419              695,468                     -                    -
 Trade creditors                                                                   293,187              170,710                     -                    -
 Amount due to Cagamas                                                           1,798,693            1,971,261                     -                    -
 Other liabilities                                                                 775,279              714,329             7,016               7,246
 Taxation                                                                           60,374               50,026            48,301              40,533
 Deferred tax liabilities                                                           32,548               39,606                     -                    -
 Redeemable bonds                                                                  240,000              340,000          240,000              240,000
 Borrowings                                                                      1,118,530            1,117,250          618,530              600,000


 TOTAL L IAB IL ITIES                                                          31,049,618           32,564,912           913,847             887,779

 Share capital                                                                   1,023,463             993,488          1,023,463             993,488
 Share premium                                                                     903,318             903,318            903,318             903,318
 Reserves                                                                          631,675             497,536            (19,940)              6,879

 SHAREHOL DERS' EQUITY                                                           2,558,456            2,394,342        1,906,841           1,903,685

 Min o rity in terest                                                              374,168             401,246                      -                    -


 TOTAL L IAB IL ITIES AND SHAREHOL DERS'
 EQUITY & MINORITY INTERESTS                                                   33,982,242           35,360,500         2,820,688           2,791,464

 COMMITMENTS AND CONTINGENCIES                                                 31,923,859           37,162,896                      -                    -

 CAPITAL ADEQUACY
 Core capital ratio                                                                 11.33%               10.08%
 Risk-weighted capital ratio                                                        15.25%               13.94%
 Net tangible assets per share (RM)                                                   1.66                 1.55




c:\klse0904/c23066d4-e9b7-45f3-be02-e8191fa378bb.xls
                                 AFFIN HOLDINGS BERHAD
                                  (Company no. 23218 - W)
                              Condensed Financial Statements
Unaudited Income Statement For The Financial Quarter Ended 30 September 2004


 Group
                                                            Individual Quarter                         Cumulative Quarter

                                                                      Preceding Year                              Preceding Year
                                                      Current Year    Corresponding            Current year-to-   Corresponding
                                                        Quarter          Quarter                    date              Period

                                                      30-09-2004        30-09-2003               30-09-2004         30-09-2003
                                                        RM'000            RM'000                   RM'000             RM'000

Interest income                                           350,946            376,037               1,085,497           1,140,891
Interest expense                                          (187,904)         (194,518)               (572,290)           (585,140)
Net interest income                                       163,042            181,519                 513,207             555,751
Net Islamic banking operating income                        33,542                   12,180           88,235                61,792
Non interest income                                         52,692                   68,492          192,750             187,467
Operating income                                          249,276            262,191                 794,192             805,010
Overhead expenses                                         (129,529)         (144,946)               (425,615)           (425,794)
Profit before loan and financing loss and provision       119,747            117,245                 368,577             379,216
Loan and financing loss and provision                      (16,162)              (62,600)            (54,459)           (235,061)
Transfer to profit equalisation reserve                     (4,891)                   8,186          (11,142)               (7,785)
Operating profit                                            98,694                   62,831          302,976             136,370
Finance cost                                               (15,093)              (14,156)            (43,759)            (42,061)
Share in profit of an associated company                     4,317                    7,316           11,951                15,533
Profit before taxation and zakat                            87,918                   55,991          271,168             109,842
Taxation                                                   (33,948)              (21,585)           (119,465)            (45,679)
Zakat                                                         (339)                    (697)           (1,429)              (1,221)
Net profit after taxation and zakat                         53,631                   33,709          150,274                62,942
Minority interests                                          (7,127)                  (6,540)         (12,495)            (17,776)
Net profit for the financial period                         46,504                   27,169          137,779                45,166


Earnings per share (sen)                                      4.57                     2.74            13.66                  4.56
Fully diluted earnings per share (sen)                        4.51               -                     13.49                  4.55
                                  AFFIN HOLDINGS BERHAD
                                   (Company no. 23218 - W)
                                Condensed Financial Statements
         Unaudited Income Statements For The Financial Quarter Ended 30 September 2004
Company

                                                    Individual Quarter                      Cumulative Quarter

                                                                Preceding Year                          Preceding Year
                                             Current Year       Corresponding        Current year-to-   Corresponding
                                               Quarter             Quarter                date              Period
                                             30-09-2004           30-09-2003           30-09-2004         30-09-2003
                                               RM'000              RM'000                RM'000            RM'000

Interest income                                      692                    991              2,514               3,368
Interest expense                                            -                    -                  -                  -
Net interest income                                  692                    991              2,514               3,368
Non interest income                               21,147                 21,511             27,819             29,311
Operating income                                  21,839                 22,502             30,333             32,679
Overhead expenses                                  (1,532)                (1,457)            (4,375)             (3,898)
Operating profit                                  20,307                 21,045             25,958             28,781
Finance cost                                      (14,588)               (13,252)          (41,370)           (39,287)
Profit/(loss) before taxation                       5,719                 7,793            (15,412)           (10,506)
Taxation                                           (5,917)                (5,743)            (7,767)             (7,927)

Net (loss)/profit for the financial period           (198)                2,050            (23,179)           (18,433)
                                                          AFFIN HOLDINGS BERHAD
                                                           (Company no. 23218 - W)
                                                        Condensed Financial Statements
                                              Unaudited Condensed Statement Of Changes In Equity
                                               For The Financial Period Ended 30 September 2004


                                           Issued and fully paid
                                       ordinary shares of RM1 each
                                                                                                    Currency
                                       Number of                         Share       Statutory                      Retained
                                                       Nominal value                               translation                    Total
                                        shares                          premium      reserves                        profits
GROUP                                                                                               reserves
                                           '000           RM'000         RM'000       RM'000         RM'000         RM'000       RM'000
At 1 January 2004                            993,488        993,488       903,318      270,091           2,820       224,625     2,394,342

Issue of share capital arising from:
- exercise of Employees Share
Option Scheme                                29,975          29,975            -            -                 -           -         29,975
Currency translation differences
                                                  -                -           -            -                 -           -            -
Net profit for the financial period               -                -           -            -                 -       137,779      137,779
Transfer to statutory reserve                     -                -           -         74,439               -       (74,439)         -
Dividends paid in relation to the
financial year ended 31 December
2003                                              -                -           -            -                 -        (3,640)      (3,640)
Realisation of currency translation
reserve due to disposal of a foreign
investment                                                                                              (2,820)         2,820
At 30 September 2004                      1,023,463        1,023,463       903,318      344,530               -       287,145    2,558,456




                                              Unaudited Condensed Statement Of Changes In Equity
                                               For The Financial Period Ended 30 September 2003


                                           Issued and fully paid
                                       ordinary shares of RM1 each
                                                                                                    Currency
                                       Number of                         Share       Statutory                      Retained
                                                       Nominal value                               translation                    Total
                                        shares                          premium      reserves                        profits
GROUP                                                                                               reserves
                                           '000           RM'000         RM'000       RM'000         RM'000         RM'000       RM'000
At 1 January 2003


- As previously reported                    990,378         990,378        903,318      130,262             2,590      71,543    2,098,091
- prior year adjustment                     -               -               -            59,913         -             112,833      172,746
As restated                                 990,378         990,378        903,318      190,175             2,590     184,376    2,270,837
Issue of share capital arising from:
- exercise of Employees Share
Option Scheme                                 2,062            2,062           -            -                -            -          2,062
Currency translation differences                -                -             -            -                127          -            127
Net profit for the financial period               -                -           -            -                 -        45,166       45,166
Transfer to statutory reserve                     -                -           -         15,262               -       (15,262)         -
Dividends paid in relation to the
financial year ended 31 December
2002                                            -               -              -            -                 -        (7,131)      (7,131)
At 30 September 2003                        992,440         992,440        903,318      205,437             2,717     207,149    2,311,061
                                          AFFIN HOLDINGS BERHAD
                                             (Company no. 23218 - W)
                                          Condensed Financial Statements
                               Unaudited Condensed Consolidated Cash Flow Statement
                                 For The Financial Period Ended 30 September 2004

                                                                            30.09.04       30.09.03
                                                                            RM'000         RM'000
CASH FLOWS FROM OPERATING ACTIVITIES

Profit before taxation and zakat                                                271,168       109,842
Adjustment for items not involving the movement of cash
and cash equivalents                                                            319,746       326,952
Operating profit before changes in working capital                              590,914       436,794

Net changes in operating assets                                              (1,890,865)    1,017,434
Net changes in operating liabilities                                         (1,511,354)    1,854,711
Payment of tax and zakat                                                        (22,746)      (31,658)

Net cash (used in)/generated from operating activities                       (2,834,051)    3,277,281

CASH FLOWS FROM INVESTING ACTIVITIES

Net disposal/(acquisition) of investment securities                             637,595     (2,012,430)
Net purchase of property, plant and equipment                                   (62,304)       (29,093)
Dividend received from associated company                                         9,216          4,896
Net cash flow on acquisition of subsidiaries                                    (48,530)               -
Net cash generated/(used in) investing activities                               535,977     (2,036,627)

CASH FLOWS FROM FINANCING ACTIVITIES
Repayment of borrowings                                                         (98,720)       (35,000)
Proceeds from issuance of shares                                                 29,975          2,062
Dividend paid to minority interest in subsidiaries                               (2,769)        (4,614)
Dividend paid to shareholders                                                    (3,640)        (7,131)

Net cash used in financing activities                                           (75,154)       (44,683)



Net (decrease)/increase in cash and cash equivalents                         (2,373,228)    1,195,971
Cash and cash equivalents at beginning of the period                          5,252,104     2,696,510
Cash and cash equivalents at end of the period                                2,878,876     3,892,481

Analysis of cash & cash equivalents
Cash and short term funds                                                     2,904,828     3,919,343
Adjustment for money held in trust on behalf of clients and remisiers           (25,952)      (26,862)
                                                                              2,878,876     3,892,481

								
To top