NOTES TO THE FINANCIAL STATEMENTS

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9 FINANCE COSTS

Group

Company

	2004 RM'000	2003 RM'000	2004 RM'000	2003 RM'000
Interest on:
Hire purchase	-	7	-	4
	____________	____________	____________	____________
	-	7	-	4
	____________	____________	____________	____________

10 INCOME FROM OTHER INVESTMENTS AND FINANCE

Group

Company

	2004 RM'000	2003 RM'000	2004 RM'000	2003 RM'000
Interest income:
Short-term deposits	2,166	1,559	2,165	1,558
Others	7	5	7	4
Early settlement credits	280	599	199	599
Gross dividend from subsidiaries	-	-	28,429	3,474
Gross dividend from associated company	-	-	279	279
	____________	____________	____________	____________
	2,453	2,163	31,079	5,914
	____________	____________	____________	____________

11 TAX EXPENSE

Income tax expenses of the Group and of the Company are as follows:

Group

Company

2004 RM'000

2003 RM'000

2004 RM'000

2003 RM'000

Current tax	5,932	5,742	8,612	2,271
Deferred tax	(12)	243	535	593
	____________	____________	____________	____________
	5,920	5,985	9,147	2,864
Current tax	____________	____________	____________	____________
Current year	6,087	4,890	8,570	1,400
(Over)/Underaccrual in prior years	(155)	852	42	871
Deferred tax
Origination and reversal of temporary differences	8	243	(67)	593
(Over)/Underaccrual in prior years	(20)	-	602	-
	____________	____________	____________	____________
	5,920	5,985	9,147	2,864
	____________	____________	____________	____________

The tax expense for the year can be reconciled to the profit from ordinary activities before tax per income statements as follows:

Group

Company

	2004 RM'000	2003 RM'000	2004 RM'000	2003 RM'000
Profit from ordinary activities before tax	17,378	24,091	29,009	3,595
	____________	____________	____________	____________

Group

Company

	2004 %	2003 %	2004 %	2003 %
Malaysian tax rate	28	28	28	28
Tax effects of:
- expenses not deductible for tax purposes	5	5	5	32
- utilisation of previously unrecognised
deferred tax assets:
- carry forward tax losses	-	(5)	-	-
- unabsorbed capital allowances	-	(2)	-	-
- current year's tax loss not recognised	5	-	-	-
- movement in deferred tax assets	(3)	(5)	(3)	(4)
(Over)/underaccrual in prior years	(1)	4	2	24
	____________	____________	____________	____________
	34	25	32	80
	____________	____________	____________	____________

12 EARNINGS PER SHARE

Group

	2004 RM'000	2003 RM'000
Basic
Net profit attributable to ordinary shareholders	11,453	18,099
	____________	____________
Number of ordinary shares in issue ('000)	128,096	128,096
	____________	____________
Basic earnings per share (sen)	8.9	14.1
	____________	____________

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