Hong Leong Industries Berhad (5486-P)

QUARTERLY REPORT ON CONSOLIDATED RESULTS

FOR THE FINANCIAL QUARTER ENDED 30 JUNE 2001

The Figures have not been audited.

CONSOLIDATED BALANCE SHEET

 As at end of current quarter

30/06/2001

RM'000

As at preceding financial year end

30/06/2000

RM'000

1.

Property, Plant and Equipment

1,649,431

1,603,896

2.

Investment Property

-

-

3.

Investment in Associated Companies

197,904

552,733

4.

Long Term Investments

504,151

567,732

5.

Goodwill on Consolidation

495,596

451,653

6.

Intangible Assets

17,795

17,079

7.

Other Long Term Assets

-

-

 

 

 

 

 

 

8.

Current Assets

 

 

 

 

Property Assets

49,903

1,662

 

 

Inventories

218,469

237,908

 

 

Trade Receivables

344,355

406,026

 

 

Short Term Investments

1,215

4,917

 

 

Cash

443,228

447,096

 

 

Amount due from related companies

97,136

72,521

 

 

Amount due from associated companies

12,123

12,071

 

 

Other receivables

162,859

214,575

 

 

 

 

1,329,288

1,396,776

 

 

 

 

9.

Current Liabilities

 

 

 

 

Trade Payables

141,859

180,822

 

 

Other Payables

206,801

254,735

 

 

Short Term Borrowings

626,683

573,541

 

 

Provision for Taxation

48,891

69,348

 

 

Proposed Dividend

-

31,517

 

 

Amount due to related companies

8,430

8,124

 

 

Amount due  to associated companies

13,302

557

 

 

Banker Acceptances

336,226

369,297

 

 

 

1,382,192

1,487,941

 

 

 

 

 

 

10.

Net Current Assets/(Liabilities)

(52,904)

(91,165)

 

 

 

 

 

 

 

 

 

 

2,811,973

3,101,928

 

 

 

11.

Shareholders' Funds

 

 

 

 

Share Capital

112,564

112,562

 

 

Reserves

 

 

 

 

 

Share Premium

289,396

289,357

 

 

 

Revaluation Reserve

948

948

 

 

 

Capital Reserve

28,535

29,411

 

 

 

Statutory Reserve

-

-

 

 

 

Retained Profit

353,850

672,815

 

 

 

Treasury shares, at cost

(59,835)

-

 

 

 

Others

(7,408)

(12,665)

 

 

 

 

718,050

1,092,428

 

 

 

 

 

 

12.

Minority Interests

690,344

696,067

 

 

 

 

13.

Long Term Borrowings

1,338,531

1,265,594

14.

Other Long Term Liabilities

18,494

17,863

15.

Deferred Taxation

46,554

29,976

 

 

 

 

1,403,579

1,313,433

 

 

 

 

2,811,973

3,101,928

16.

 

Net tangible assets per share (sen)

 

94

 

277

Note:     Following the adoption of MASB standards in preparation of this set of financial statements, presentation and classification of certain items in the financial statement have been amended. Accordingly, comparative amounts for those items have been classified to ensure comparability with the current financial year.