sabah, malaysia warta kerajaan294 warta kerajaan negeri sabah 20 jun 2013 kerajaan tempatan dan...

Jil. LXVIII] [No. 24KOTA KINABALU, KHAMIS, 20 JUN 2013

Kenyataan-kenyataan berikut adalah diterbitkan atas perintah Tuan YangTerutama Yang di-Pertua Negeri untuk Makluman Umum.

TAN SRI DATUK SERI PANGLIMA HAJI SUKARTI BIN WAKIMAN,Setiausaha Kerajaan Negeri.

SABAH, MALAYSIA

Warta KerajaanDiterbitkan dengan kuasa

No. 518 [No. JKM. (S) 100-52/24 Klt. 2/(18)

PERLEMBAGAAN NEGERI SABAH

PELANTIKAN TIMBALAN SPEAKER DEWAN UNDANGAN NEGERI

Adalah disiarkan untuk maklumkan umum bahawa pada menjalankan kuasa yang diberidi bawah Perkara 15A(1) Perlembagaan Negeri Sabah, Tuan Yang Terutama Yang di-PertuaNegeri Sabah telah melantik penama-penama berikut sebagai Timbalan Speaker DewanUndangan Negeri berkuat kuasa 21 Mei 2013 hingga 20 Mei 2018:-

(i) Yang Berhormat Datuk Juani @ Johnny bin Mositun

(ii) Yang Berhormat Datuk Chang Kuan Hiong @ Johnson Tee

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No. 519 [No. KKT&P: (UPP) 100-1/10 (58)

ENAKMEN PEMAJUAN PERUMAHAN (KAWALAN DAN PELESENAN) 1978

Sabah No. 24 tahun 1978

PELANTIKAN PENGAWAL PERUMAHAN

Pada menjalankan kuasa yang diberikan di bawah seksyen 4(1) Enakmen PemajuanPerumahan (Kawalan dan Pelesenan) 1978, saya, Datuk Haji Hajiji Haji Noor, Menteri

WARTA KERAJAAN NEGERI SABAH 20 Jun 20131,294

Kerajaan Tempatan dan Perumahan Sabah melantik Datuk Matius Sator, Setiausaha Tetap,Kementerian Kerajaan Tempatan dan Perumahan Sabah sebagai Pengawal Perumahan untukmelaksanakan segala tugas yang dikenakan dan menjalankan segala kuasa yang diberikankepadanya sebagai Pengawal oleh Enakmen ini dan hendaklah mula berkuat kuasa padatarikh pewartaannya dalam Warta.

Dibuat 27 Mei 2013.

DATUK HAJI HAJIJI HAJI NOOR,Menteri Kerajaan Tempatan dan Perumahan.

[No. KKT&P: (UPP) 100-1/10 (58)

HOUSING DEVELOPMENT (CONTROL AND LICENSING) ENACTMENT 1978

Sabah No. 24 of 1978

APPOINTMENT OF CONTROLLER OF HOUSING

In exercise of the power conferred by section 4(1) of the Housing Development (Controland Licensing) 1978, I, Datuk Haji Hajiji Haji Noor, the Minister of Local Government andHousing appoints Datuk Matius Sator, the Permanent Secretary of Ministry of LocalGovernment and Housing as the Controller of Housing to perform all duties imposed andexercise all powers conferred on him as the Controller by this Enactment and shall comeinto force on the date of its publication in the Gazette.

Made 27th May, 2013.

DATUK HAJI HAJIJI HAJI NOOR,Minister of Local Government and Housing.

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No. 520 [No. JKM(S) 100-22/13 Klt. 3/(39)

PEMBATALAN PELANTIKAN PENGERUSILEMBAGA PENGARAH LEMBAGA KEMAJUAN TANAH NEGERI SABAH

Adalah disiarkan untuk makluman umum bahawa pada menjalankan kuasa-kuasa yangdiberi kepadanya di bawah Seksyen 5(2) Enakmen Lembaga Kemajuan Tanah Negeri Sabah,1981, Tuan Yang Terutama Yang di-Pertua Negeri Sabah telah membatalkan pelantikanYang Berhormat Datuk Sapawi Haji Ahmad sebagai Pengerusi Lembaga Pengarah LembagaKemajuan Tanah Negeri Sabah berkuat kuasa mulai 31 Mei 2013.

ENAKMEN PEMAJUAN PERUMAHAN (KAWALAN DANPELESENAN) 1978 - (samb.)

WARTA KERAJAAN NEGERI SABAH 1,29520 Jun 2013

No. 521 [No. JKM(S) 100-22/9 Klt. 3/(40)

PEMBATALAN PELANTIKAN PENGERUSILEMBAGA PENGARAH LEMBAGA PERBADANAN KEMAJUAN

PELANCONGAN NEGERI SABAH

Adalah disiarkan untuk makluman umum bahawa pada menjalankan kuasa-kuasa yangdiberi kepadanya di bawah Seksyen 5(2) Enakmen Perbadanan Kemajuan PelanconganNegeri Sabah, 1981, Tuan Yang Terutama Yang di-Pertua Negeri Sabah telah membatalkanpelantikan Yang Berbahagia Dato’ Seri Tengku Zainal Adlin Tengku Mahamood sebagaiPengerusi Lembaga Pengarah Lembaga Perbadanan Kemajuan Pelancongan Negeri Sabahberkuat kuasa mulai 1 Jun 2013.

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No. 522 [No. JKM(S) 100-22/46 Klt. 2/(182)

PEMBATALAN PELANTIKAN PENGERUSI DAN TIMBALAN PENGERUSIENAKMEN KORPORASI KEMAJUAN PERIKANAN DAN NELAYAN

NEGERI SABAH

Adalah disiarkan untuk makluman umum bahawa pada menjalankan kuasa-kuasa yangdiberi kepadanya di bawah Seksyen 5(2) Enakmen Korporasi Kemajuan Perikanan danNelayan Sabah (KO-NELAYAN) 1981, Tuan Yang Terutama Yang di-Pertua Negeri Sabahtelah membatalkan pelantikan penama-penama berikut sebagai Pengerusi dan TimbalanPengerusi Lembaga Pengarah Lembaga Korporasi Kemajuan Perikanan dan Nelayan Sabah(KO-NELAYAN) berkuat kuasa mulai seperti berikut:

Bil. Nama Jawatan Berkuat kuasa mulai

1. Yang Berhormat Datuk Samsuddin Yahya Pengerusi 1 Jun 2013

2. Yang Berhormat Datuk Abd. Mijul bin Tim. Pengerusi 1 Jun 2013Haji Unaini

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No. 523 [No. JKM(S) 100-22/41 Klt. 3/(97)

PEMBATALAN PELANTIKAN TIMBALAN PENGERUSILEMBAGA PENGARAH PEMBANGUNAN PERUMAHAN DAN BANDAR

Adalah disiarkan untuk makluman umum bahawa pada menjalankan kuasa-kuasa yangdiberi kepadanya di bawah Seksyen 5(2) Enakmen Lembaga Pembangunan Perumahandan Bandar, 1981, Tuan Yang Terutama Yang di-Pertua Negeri Sabah telah membatalkanpelantikan Yang Berhormat Puan Anita Baranting sebagai Timbalan Pengerusi LembagaPengarah Pembangunan Perumahan dan Bandar berkuat kuasa mulai 1 Jun 2013.


No. 524 [No. T/C. JKM(S) 100-22/5 Klt. 2/(76)

PEMBATALAN PELANTIKAN PENGERUSI LEMBAGA PENGARAHLEMBAGA PEMEGANG AMANAH TAMAN-TAMAN SABAH

Adalah disiarkan untuk makluman umum bahawa pada menjalankan kuasa-kuasa yangdiberi kepadanya di bawah Seksyen 26(2) Enakmen Taman-Taman Sabah, 1984, TuanYang Terutama Yang di-Pertua Negeri Sabah telah membatalkan pelantikan Yang BerhormatDatuk Dr. Joachim Gunsalam sebagai Pengerusi Lembaga Pengarah Lembaga PemegangAmanah Taman-Taman Sabah berkuat kuasa mulai 1 Mei 2013.

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No. 525 [No. JKM(S) 100-22/13 Klt. 3/(39)

PELANTIKAN PENGERUSI LEMBAGA PENGARAHKEMAJUAN TANAH NEGERI SABAH

Adalah disiarkan untuk makluman umum bahawa pada menjalankan kuasa-kuasa yangdiberi kepadanya di bawah Seksyen 4(2) Enakmen Lembaga Kemajuan Tanah Negeri Sabah,1981, Tuan Yang Terutama Yang di-Pertua Negeri Sabah telah melantik Yang BerhormatDatuk Haji Abdul Rahim Ismail sebagai Pengerusi Lembaga Pengarah Lembaga KemajuanTanah Negeri Sabah berkuat kuasa mulai 1 Jun 2013 hingga 31 Mei 2016.

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No. 526 [No. JKM(S) 100-22/9 Klt. 3/(44)

PELANTIKAN PENGERUSI LEMBAGA PENGARAHLEMBAGA PERBADANAN KEMAJUAN PELANCONGAN NEGERI SABAH

Adalah disiarkan untuk makluman umum bahawa pada menjalankan kuasa-kuasa yangdiberi kepadanya di bawah Seksyen 4(2) Enakmen Perbadanan Kemajuan PelanconganNegeri Sabah, 1981, Tuan Yang Terutama Yang di-Pertua Negeri Sabah telah melantikYang Berhormat Datuk Joniston Lumai @ Bangkuai sebagai Pengerusi Lembaga PengarahLembaga Perbadanan Kemajuan Pelancongan Negeri Sabah berkuat kuasa mulai 1 Jun2013 hingga 31 Mei 2016.

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No. 527 [No. T/C. JKM(S) 100-22/5 Klt. 2/(76)

PELANTIKAN PENGERUSI LEMBAGA PENGARAHLEMBAGA PEMEGANG AMANAH TAMAN-TAMAN SABAH

Adalah disiarkan untuk makluman umum bahawa pada menjalankan kuasa-kuasa yangdiberi kepadanya di bawah Seksyen 25(2) Enakmen Taman-Taman Sabah, 1984, TuanYang Terutama Yang di-Pertua Negeri Sabah telah melantik Yang Berbahagia Dato’ SeriTengku Zainal Adlin Tengku Mahamood sebagai Pengerusi Lembaga Pengarah LembagaPemegang Amanah Taman-Taman Sabah berkuat kuasa mulai 1 Jun 2013 hingga 31 Mei2016.


No. 528 [No. JKM(S) 100-22/46 Klt. 2/(182)

PELANTIKAN PENGERUSI ENAKMEN KORPORASI KEMAJUAN PERIKANANDAN NELAYAN SABAH (KO-NELAYAN)

Adalah disiarkan untuk makluman umum bahawa pada menjalankan kuasa-kuasa yangdiberi kepadanya di bawah Seksyen 4(2) Enakmen Korporasi Kemajuan Perikanan danNelayan Sabah (KO-NELAYAN), 1981, Tuan Yang Terutama Yang di-Pertua Negeri Sabahtelah melantik Yang Berhormat Datuk Abd. Mijul bin Haji Unaini sebagai PengerusiLembaga Pengarah Lembaga Korporasi Kemajuan Perikanan dan Nelayan Sabah (KO-NELAYAN) berkuat kuasa mulai 1 Jun 2013 hingga 31 Mei 2016.

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No. 529 [No. JKM(S) 100-22/41 Klt. 3/(97)

PELANTIKAN TIMBALAN PENGERUSI LEMBAGA PENGARAHPEMBANGUNAN PERUMAHAN DAN BANDAR

Adalah disiarkan untuk makluman umum bahawa pada menjalankan kuasa-kuasa yangdiberi kepadanya di bawah Seksyen 4(2) Enakmen Lembaga Pembangunan Perumahandan Bandar, 1981, Tuan Yang Terutama Yang di-Pertua Negeri Sabah telah melantik PuanHajah Saleha Abd. Wahid sebagai Timbalan Pengerusi Lembaga Pengarah PembangunanPerumahan dan Bandar berkuat kuasa mulai 1 Jun 2013 hingga 31 Mei 2016.

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No. 530 [No. JKM(S) 100-10/127 Klt. 3/(90)

WATIKAH PELANTIKAN PRESIDENMAJLIS HAL EHWAL ANAK NEGERI SABAH

ENAKMEN MAJLIS HAL EHWAL ANAK NEGERI SABAH 1998SEKSYEN 6(2)

Adalah disiarkan untuk makluman umum bahawa pada menjalankan kuasa-kuasa yangdiberi kepadanya di bawah Seksyen 6(2) Enakmen Majlis Hal Ehwal Anak Negeri Sabah1998, Tuan Yang Terutama Yang di-Pertua Negeri Sabah telah melantik Yang BerhormatTuan Mohammad bin Haji Alamin sebagai Presiden Majlis Hal Ehwal Anak Negeri Sabahberkuat kuasa mulai 1 Jun 2013 hingga 31 Mei 2015.

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No. 531 [No. SPANS: P. 028612 Klt. II/37

PELANTIKAN SECARA KONTRAK

Suruhanjaya Perkhidmatan Awam Negeri Sabah telah meluluskan pelantikan bagi PuanEvina Brenda Majimbun ke jawatan Pegawai Tadbir, Gred N41 secara Pembaharuan Kontrakselama tiga (3) tahun mulai 3 Disember 2012.


[No. SPANS: P. 028612 Klt. II/37

Suruhanjaya Perkhidmatan Awam Negeri Sabah telah meluluskan pelantikan bagi EncikSakaria bin Semela ke jawatan Ketua Pendakwa Syariah/Pegawai Syariah, Gred LS48 secaraPembaharuan Kontrak selama tiga (3) tahun mulai 14 Januari 2013.


Suruhanjaya Perkhidmatan Awam Negeri Sabah telah meluluskan pelantikan bagi EncikDuane Alvin William ke jawatan Jurutera, Gred J41 secara Pembaharuan Kontrak selamatiga (3) tahun mulai 18 Februari 2013.

_______


PELANTIKAN SEMULA SELEPAS BERSARA

Suruhanjaya Perkhidmatan Awam Negeri Sabah telah meluluskan pelanjutan pelantikansemula selepas bersara bagi Encik Chung Hon Shen @ John ke jawatan Juruukur Bahan,Gred J41 secara sementara mulai dari 1 November 2012 hingga 23 Julai 2013.


Suruhanjaya Perkhidmatan Awam Negeri Sabah telah meluluskan pelanjutan pelantikansemula selepas bersara bagi Tuan Haji Mohd. Sidek bin Haji Abd. Jubar ke jawatan PegawaiTadbir, Gred N48 secara sementara selama satu (1) tahun mulai dari 1 Februari 2013.


Suruhanjaya Perkhidmatan Awam Negeri Sabah telah meluluskan pelanjutan pelantikansemula selepas bersara bagi Encik Yap Chow Wah ke jawatan Jurutera, Gred J48 secarasementara selama dua (2) tahun mulai dari 1 Februari 2013 hingga 31 Januari 2015.

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PENYERAPAN KE JAWATAN TETAP

Suruhanjaya Perkhidmatan Awam Negeri Sabah telah meluluskan penyerapan kejawatan tetap bagi Encik Wellson bin Bahoi ke jawatan Jurutera, Gred J41 secara percubaanselama 1 - 3 tahun mulai 29 Januari 2013.


Suruhanjaya Perkhidmatan Awam Negeri Sabah telah meluluskan penyerapan kejawatan tetap bagi Encik Abd. Wahab bin Sidek ke jawatan Pegawai PerkhidmatanPendidikan Siswazah, Gred DG41 secara percubaan selama 1 - 3 tahun mulai 1 Mac 2013.

PELANTIKAN SECARA KONTRAK - (samb.)



Suruhanjaya Perkhidmatan Awam Negeri Sabah telah meluluskan penyerapan kejawatan tetap bagi Puan Fauziah binti Johari ke jawatan Pegawai Perkhidmatan PendidikanSiswazah, Gred DG41 secara percubaan selama 1 - 3 tahun mulai 1 Mac 2013.


Suruhanjaya Perkhidmatan Awam Negeri Sabah telah meluluskan penyerapan kejawatan tetap bagi Puan Norihan binti Abu Bakar ke jawatan Pegawai PerkhidmatanPendidikan Siswazah, Gred DG41 secara percubaan selama 1 - 3 tahun mulai 1 Mac 2013.


Suruhanjaya Perkhidmatan Awam Negeri Sabah telah meluluskan penyerapan kejawatan tetap bagi Cik Suzianah binti Bakri ke jawatan Pegawai Perkhidmatan PendidikanSiswazah, Gred DG41 secara percubaan selama 1 - 3 tahun mulai 1 Mac 2013.

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No. 534 [No.SPANS: P. 028612 Klt. II/37

TAWARAN PELANTIKAN SECARA SEMENTARA

Suruhanjaya Perkhidmatan Awam Negeri Sabah telah meluluskan pelantikan bagiEncik Hasmadi bin Hasbi ke jawatan Jurutera, Gred J41 secara sementara mulai 22 Oktober2012.

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No. 535 [No. KKT&P: 400-14/2 Jld. 5( )

SIJIL KETUA AUDIT NEGARA MENGENAI PENYATA KEWANGANLEMBAGA PEMBANGUNAN PERUMAHAN DAN BANDAR

BAGI TAHUN BERAKHIR 31 DISEMBER 2009

Penyata Kewangan Lembaga Pembangunan Perumahan dan Bandar bagi tahun berakhir31 Disember 2009 telah diaudit oleh wakil saya. Pihak pengurusan bertanggungjawabterhadap Penyata Kewangan ini. Tanggungjawab saya adalah mengaudit dan memberipendapat terhadap Penyata Kewangan tersebut.

2. Pengauditan telah dilaksanakan mengikut Akta Audit 1957 dan berpandukan piawaianpengauditan yang diluluskan. Piawaian tersebut menghendaki pengauditan dirancang dandilaksanakan untuk mendapat kepastian yang munasabah sama ada Penyata Kewanganadalah bebas daripada kesilapan atau ketinggalan yang ketara. Pengauditan itu termasukmemeriksa rekod secara semak uji, menyemak bukti yang menyokong angka dan memastikanpendedahan yang mencukupi dalam Penyata Kewangan. Penilaian juga dibuat terhadapprinsip perakaunan yang digunakan, unjuran signifikan oleh pengurusan dan persembahanPenyata Kewangan secara keseluruhan. Saya percaya pengauditan yang dilaksanakanmemberi asas yang munasabah terhadap pendapat saya.


3. Kecuali apa yang dinyatakan dalam Laporan Ketua Audit Negara pada pendapat sayaPenyata Kewangan ini memberi gambaran yang benar dan saksama terhadap kedudukankewangan Lembaga Pembangunan Perumahan dan Bandar pada 31 Disember 2009, hasiloperasi dan aliran tunainya untuk tahun tersebut berdasarkan piawaian perakaunan yangdiluluskan.

PATIMAH BINTI RAMUJI,b.p. Ketua Audit Negara,

Malaysia.

Kota Kinabalu.

Bertarikh: 23 September 2010.


LAPORAN KETUA AUDIT NEGARA MENGENAI PENYATA KEWANGANLEMBAGA PEMBANGUNAN PERUMAHAN DAN BANDAR

BAGI TAHUN BERAKHIR 31 DISEMBER 2009

Laporan Ketua Audit Negara ini hendaklah dibaca bersama-sama dengan Sijil Ketua AuditNegara bagi menyokong pendapat Audit terhadap Penyata Kewangan tersebut.

2. Pemerhatian Audit terhadap Penyata Kewangan adalah seperti berikut:

2.1 Penyata Kewangan Tidak Disatukan

Lembaga tidak menyediakan Penyata Kewangan Kumpulan yang menyatukanPenyata Kewangan Lembaga dengan Penyata Kewangan subsidiarinya. Tindakanini adalah tidak mematuhi piawaian perakaunan yang diluluskan iaitu LembagaPiawaian Perakaunan Malaysia (MASB) 11 mengenai Penyata KewanganDisatukan dan Pelaburan Dalam Subsidiari.

Langkah-langkah pembetulan yang sewajarnya hendaklah diambil oleh pihakpengurusan Lembaga Pembangunan Perumahan dan Bandar untuk meningkatkanakauntabiliti awam.

PATIMAH BINTI RAMUJI,b.p. Ketua Audit Negara,

Malaysia.

Kota Kinabalu.

Bertarikh: 23 September 2010.


LEMBAGA PEMBANGUNAN PERUMAHAN DAN BANDAR(Housing and Town Development Authority)

STATEMENT BY THE CHAIRMAN AND GENERAL MANAGER

In our opinion, the financial statements set out on pages 1,304 to 1,324 are drawn upso as to give a true and fair view of the state of affairs of the Authority as at 31st December,2009 and of the results of its operations and cash flows for the year ended on that date.

On behalf of the Board,

YB DATUK RUBIN BALANG

(Chairman)

JENAR @ ZAINAL BIN LAMDAH

(General Manager)

Kota Kinabalu.

Date: 26th May, 2010.



STATUTORY DECLARATION

I, CHIN SU ME, the officer primarily responsible for the financial management of LembagaPembangunan Perumahan dan Bandar (Housing and Town Development Authority),do solemnly and sincerely declare that the financial statements set out on pages 1,304 to1,324 are, to the best of my knowledge and belief, correct, and I make this solemn declarationconscientiously believing the same to be true and by virtue of the provisions of the StatutoryDeclarations Act, 1960.

Subscribed and solemnly declared bythe abovenamed CHIN SU ME at }Kota Kinabalu in the State of Sabah CHIN SU ME

on 27th May, 2010.

Before me,

DATUK CLAUDIUS ROMAN, J.P.,Pesuruhjaya Sumpah,

Malaysia.

Kota Kinabalu.



BALANCE SHEET AT 31ST DECEMBER, 2009

Note 2009 2008RM RM

PROPERTY, PLANT AND EQUIPMENT 3 15,457,090 13,696,464INVESTMENTS IN SUBSIDIARIES ... 4 7,417,689 9,797,506HOUSING DEBTORS ... ... ... 5 26,087,398 23,516,165

48,962,177 47,010,135

CURRENT ASSETS

Housing debtors ... ... ... 5 13,647,092 23,820,665Inventories of unsold houses ... 6 30,127,637 32,730,012Development properties ... ... 17,729,085 13,615,728Other receivables, deposits and

prepayments ... ... ... ... 7 17,968,590 19,248,970Amount due from subsidiaries ... 8 8,449,272 7,396,878Fixed deposits ... ... ... 9 39,428,972 15,336,955Cash and bank balances ... ... 10,081,116 17,528,672

137,431,764 129,677,880

CURRENT LIABILITIES

Trade payables ... ... ... 10 8,349,581 7,517,090Other payables and accruals ... 40,081,521 36,911,120Provision ... ... ... ... 11 4,412,764 5,443,911Housing deposits ... ... ... 1,482,098 689,810Bank overdrafts ... ... ... 12 - 1,729,691State Government loans ... ... 13 19,251,204 21,148,515Federal Government loans ... ... 14 19,566,679 15,255,330Government trust funds ... ... 15 7,440,907 7,285,726Taxation ... ... ... ... - 248,694

100,584,754 96,229,887

NET CURRENT ASSETS ... ... 36,847,010 33,447,993

85,809,187 80,458,128



BALANCE SHEET AT 31ST DECEMBER, 2009 - (cont.)

Note 2009 2008RM RM

FINANCED BY:

ACCUMULATED FUNDS ... ... 49,431,462 45,915,129

LONG TERM AND DEFERRED

LIABILITIES

State Government loans ... ... 13 18,822,925 13,711,164Federal Government loans ... ... 14 17,554,800 20,831,835

36,377,725 34,542,999

85,809,187 80,458,128


REVENUE ... ... ... ... ... 16 13,623,006 13,456,861

Cost of sales ... ... ... ... - -

GROSS PROFIT ... ... ... ... 13,623,006 13,456,861Other operating income ... ... 8,119,265 5,869,277Administrative expenses ... ... (18,589,737) (15,773,042)

OPERATING PROFIT ... ... ... 17 3,152,534 3,553,096

Interest income ... ... ... ... 1,615,755 1,838,509Interest expense ... ... ... (1,266,284) (1,694,738)

PROFIT BEFORE TAXATION ... ... 3,542,005 3,696,867

Tax expense ... ... ... ... 18 (25,672) (55,465)

NET PROFIT OF THE YEAR ... ... 3,516,333 3,641,402


INCOME STATEMENT FOR THE YEAR ENDED 31ST DECEMBER, 2009

Note 2009 2008RM RM



STATEMENT OF CHANGES IN EQUITY FOR THE YEAR ENDED

31ST DECEMBER, 2009

Accumulated funds

RM

At 1st January 2008 ... ... ... ... ... 42,273,727

Net profit for the year ... ... ... ... 3,641,402

At 31st December 2008 ... ... ... ... ... 45,915,129

Net profit for the year ... ... ... ... ... 3,516,333

At 31st December 2009 ... ... ... ... ... 49,431,462


CASH FLOWS FROM OPERATING ACTIVITIES

Profit before taxation ... ... ... ... ... 3,542,005 3,696,867Adjustments for:

Allowance for diminution in value ... ... 2,379,817 -Depreciation ... ... ... ... ... ... 947,807 792,152Dividend income ... ... ... ... - (200,000)Gain on disposal of property, plant and

equipment ... ... ... ... ... (79,704) -Interest expense ... ... ... ... ... 1,226,284 1,694,738Interest income ... ... ... ... ... (1,615,755) (1,838,509)Loss on disposal of property, plant and equipment - 64,245Reversal of diminution in value ... ... ... - (277,082)State Revolving Fund written off... ... ... (2,289,568) -

Operating profit before working capital changes ... 4,110,886 3,932,411(Increase)/Decrease in working capital:

Housing debtors ... ... ... ... ... 7,602,341 12,740,325Inventories of unsold houses ... ... ... 2,602,375 (19,205,415)Development properties ... ... ... ... (4,113,357) 5,628,085Trade and other receivables ... ... ... 1,280,380 2,906,556Amount due from subsidiaries ... ... ... (1,229,419) 39,368Trade and other payables ... ... ... 3,703,672 (2,021,810)

Cash generated from operations ... ... ... 13,956,878 4,019,520Interest paid ... ... ... ... ... ... (74,286) (401,902)Income tax paid ... ... ... ... ... (25,672) (543,991)

N E T C A S H G E N E R A T E D F R O M OPERATING ACTIVITIES ... ... ... ... ... ... 13,856,920 3,073,627

CASH FLOWS FROM INVESTING ACTIVITIES

Interest received ... ... ... ... ... 1,615,755 1,838,509

Proceeds from disposal of property, plant andequipment ... ... ... ... ... ... 79,706 118,280

Purchase of property, plant and equipment ... (2,708,435) (2,019,280)

CASH USED IN INVESTING ACTIVITIES ... ... (1,012,974) (62,491)


CASH FLOW STATEMENT FOR THE YEAR ENDED

31ST DECEMBER, 20092009 2008RM RM


CASH FLOWS FROM FINANCING ACTIVITIES

Drawdown of State Government loans... ... 5,386,334 7,182,700Drawdown of Government trust funds... ... 155,181 -Repayment of Government trust funds... ... - (302,730)

CASH GENERATED FROM FINANCING ACTIVITIES 5,541,515 6,879,970

NET INCREASE IN CASH AND CASH EQUIVALENTS 18,385,461 9,891,106

C A S H A N D C A S H E Q U I V A L E N T S A TBEGINNING OF THE YEAR ... ... ... 25,124,627 15,233,521

CASH AND CASH EQUIVALENTS AT END OFTHE YEAR ... ... ... ... ... ... 43,510,088 25,124,627

CASH AND CASH EQUIVALENTS COMPRISE:Cash and bank balances ... ... ... ... 10,081,116 17,528,672

Fixed deposits ... ... ... ... ... 39,428,972 15,336,955

Less: Deposits pledged ... ... ... ... (6,000,000) (6,011,309)

43,510,088 26,854,318

Bank overdrafts ... ... ... ... ... - (1,729,691)

43,510,088 25,124,627



31ST DECEMBER, 2009 - (cont.)

2009 2008RM RM



NOTES TO THE FINANCIAL STATEMENTS - 31ST DECEMBER, 2009

1. PRINCIPAL ACTIVITIES

The Authority is a State-owned agency and is governed by the Housing and TownDevelopment Authority Enactment, 1981. The principal activities of the Authority areto develop low cost housing and township projects. There has been no significant changein the nature of these activities during the financial year.

2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

The following accounting policies are adopted by the Authority and are consistent withthose adopted in the previous years.

(a) Basis of accounting

The financial statements of the Authority are prepared on the historical costbasis and in compliance with applicable approved accounting standards inMalaysia.

(b) Property, plant and equipment

Property, plant and equipment are stated at cost or valuation less accumulateddepreciation and impairment losses, if any.

(c) Depreciation

The straight line method is used to write-off the cost of the following assets overthe term of their estimated useful lives at the following principal annual rates:

Long term leasehold land over 50 yearsBuildings 2%Motor vehicles 20%Office furniture, fittings and equipment 10% - 20%Renovation 10%Computer Software 20%

(d) Impairment

The carrying amounts of the Authority’s assets, other than inventories andfinancial assets (other than investments in subsidiaries), are reviewed at eachbalance sheet date to determine whether there is any indication of impairment. Ifany such indication exists, the asset’s recoverable amount is estimated. Animpairment loss is recognised whenever the carrying amount of an asset or thecash-generating unit to which it belongs exceeds its recoverable amount.Impairment losses are recognised in the income statement, unless the asset iscarried at a revalued amount, in which case the impairment loss is charged toequity.


The recoverable amount is the greater of the asset’s net selling price and itsvalue in use. In assessing value in use, estimated future cash flows are discountedto their present value using a pre-tax discount rate that reflects current marketassessments of the time value of money and the risks specific to the asset. For anasset that does not generate largely independent cash inflows, the recoverableamount is determined for the cash-generating unit to which the asset belongs.

An impairment loss in respect of goodwill is not reversed unless the loss wascaused by a specific external event of an exceptional nature that is not expected torecur and subsequent external events have occurred that reverse the effect of thatevent.

In respect of other assets, an impairment loss is reversed if there has been a changein the estimates used to determine the recoverable amount.

An impairment loss is reversed only to the extent that the asset’s carrying amountdoes not exceed the carrying amount that would have been determined, netof depreciation or amortisation, if no impairment loss had been recognised. Thereversal is recognised in the income statement, unless it reverses an impairmentloss on a revalued asset, in which case it is taken to equity.

(e) Development properties

Land and development expenditure whereby significant development work hasbeen undertaken and is expected to be completed within the normal operatingcycle are classified as development properties. Development properties arestated at cost plus attributable profits less foreseeable losses, net of progressbillings. Cost includes cost of land, all direct building cost, and other relateddevelopment expenditure incurred during the period of development.

(f) Inventories of unsold houses

Inventories of unsold houses are stated at the lower of cost and net realisablevalue. Costs include apportioned land cost and development expenditureincurred.

(g) Revenue

(i) Property development

Profit from property development is recognised using the percentageof completion method. Where foreseeable losses are anticipated, fullprovision for these losses is made in the financial statements.

(ii) Developed properties

Profit on developed properties is recognised when transfer of risks andrewards has been completed.


NOTES TO THE FINANCIAL STATEMENTS - 31ST DECEMBER, 2009 - (cont.)

2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - (cont.)


(iii) Privatised projects

Profit on privatised projects is recognised on an accrual basis based onstipulated fixed schedule.

(iv) Rental income

Rental income is recognised on an accrual basis.

(v) Interest income

Interest income is recognised in the income statement as it accrues, takinginto account the effective yield on the asset.

(vi) Dividend Income

Dividend income is recognised when the right to receive payment isestablished.

(h) Interest on borrowings

Interest on borrowings is charged against income and no part of the interest istreated as an inherent part of the total cost of property development.

(i) Provisions

A provision is recognised when it is probable that an outflow of resourcesembodying economic benefits will be required to settle a present obligation (legalor constructive) as a result of a past event and a reliable estimate can be made of theamount.

(i) Provision for repairs and maintenance on completed projects

Provision for repairs and maintenance is made at 5% of cost for low costhousing projects and 3% for all other projects upon their completion.

(j) Employee benefits

(i) Short term benefits

Wages, salaries, paid leave and sick leave, bonus and non-monetarybenefits are recognised in the year in which associated services are renderedby employees of the Authority.

(ii) Defined contribution plans

Obligations for contributions to defined contribution plans are recognisedas an expense in the income statement as incurred. Other retirement benefitsare charged against income as and when paid.







(k) Government trust funds

Grants and Trust Funds received from the Federal and State Governments for thedevelopment of specific projects are utilised to meet the cost of developingthose projects. At the completion of the project, any excess Trust Fund isrefundable to the respective governments, while shortfalls are to be recoveredand shown as a debit balance in the respective fund.

(l) Investments

Long term investments in subsidiaries are stated at cost in the Authority, lessimpairment loss where applicable.

(m) Taxation

Tax on the profit or loss for the year comprises current and deferred tax. Incometax is recognised in the income statement except to the extent that it relates to itemsrecognised directly in equity, in which case it is recognised in equity.

Current tax expense is the expected tax payable on the taxable income for the year,using tax rates enacted or substantially enacted at the balance sheet date, and anyadjustment to tax payable in respect of previous years.

Deferred tax is provided, using the liability method, on temporary differencesarising between the tax bases of assets and liabilities and their carrying amounts inthe financial statements. The amount of deferred tax provided is based on theexpected manner of realisation or settlement of the carrying amount of assets andliabilities, using tax rates enacted or substantially enacted at the balance sheet date.

A deferred tax asset is recognised only to the extent that it is probable that futuretaxable profits will be available against which the asset can be utilised.

(n) Cash and cash equivalents

Cash and cash equivalents consist of cash on hand, balances and deposits withbanks. For the purpose of the cash flow statement, cash and cash equivalents arepresented net of bank overdrafts and pledged deposits.

(o) Receivables

Receivables are carried at anticipated realisable value. Bad debts are written off inthe year in which they are identified. An estimate is made for doubtful debts basedon a review of all outstanding amounts at the year end.

(p) Payables

Payables are stated at cost which is the fair value of the consideration to be paid inthe future for goods and services rendered.



Cos

tA

t 1st

Jan

uary

, 200

9...

......

5,03

5,84

310

,379

,522

2,02

4,54

22,

574,

281

20,0

14,1

88A

dditi

ons

......

......

...1,

485,

468

-64

5,36

257

7,60

52,

708,

435

Dis

posa

ls...

......

......

--

(196

,194

)-

(196

,194

)

At 3

1st D

ecem

ber,

2009

......

...6,

521,

311

10,3

79,5

222,

473,

710

3,15

1,88

622

,526

,429

Dep

reci

atio

nA

t 1st

Jan

uary

, 200

9...

......

375,

811

2,61

8,87

81,

195,

748

2,12

7,28

76,

317,

724

Cha

rge

for

the

year

......

...13

0,42

620

7,59

140

1,00

920

8,78

194

7,80

7D

ispo

sals

......

......

...-

-(1

96,1

92)

-(1

96,1

92)

At 3

1st D

ecem

ber,

2009

......

...50

6,23

72,

826,

469

1,40

0,56

52,

336,

068

7,06

9,33

9

Net

Boo

k V

alue

At 3

1st D

ecem

ber,

2009

......

...6,

015,

074

7,55

3,05

31,

073,

145

815,

818

15,4

57,0

90

At 3

1st D

ecem

ber,

2008

......

...4,

660,

032

7,76

0,64

482

8,79

444

6,99

413

,696

,464

LE

MB

AG

A P

EM

BA

NG

UN

AN

PE

RU

MA

HA

N D

AN

BA

ND

AR

(Hou

sing

and

Tow

n D

evel

opm

ent A

utho

rity

)

NO

TE

S T

O T

HE F

INA

NC

IAL

ST

AT

EM

EN

TS

- 31S

T D

EC

EM

BE

R, 2

009

- (co

nt.)

3.P R

OPE

RT

Y, P

LA

NT

AN

D E

QU

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term

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vehi

cles

Tot

al

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ice

furn

itur

e,fi

ttin

gs a

ndeq

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and

reno

vati

on

Bui

ldin

gs

RM

RM

RM

RM

RM


Dep

reci

atio

n

Cha

rge

for t

he y

ear e

nded

31s

t Dec

embe

r,20

08...

......

......

100,

717

207,

591

291,

417

192,

427

792,

152

(a)

Titl

e to

cer

tain

bui

ldin

gs o

f the

Aut

hori

ty w

ith c

ost o

f RM

8,84

1,23

0 (2

008:

RM

8,84

1,23

0) h

as y

et to

be

issu

ed.

(b)

Cer

tain

long

term

leas

ehol

d la

nd o

f the

Aut

hori

ty a

re c

harg

ed to

fina

ncia

l ins

titut

ion

as s

ecur

ities

for b

anki

ng fa

cilit

ies

gran

ted

toco

ntra

ctor

s co

stin

g R

M48

,134

(20

08: R

M48

,134

).

4.I N

VE

STM

EN

TS

IN S

UB

SID

IAR

IES

2009

2008

RM

RM

Unq

uote

d sh

ares

at c

ost

......

......

......

......

......

10,0

06,0

3010

,006

,030

Les

s: A

llow

ance

for d

imin

utio

n in

val

ue...

......

......

......

...(2

,588

,341

)(2

08,5

24)

RM

7,41

7,68

9R

M9,

797,

506

LE

MB

AG

A P

EM

BA

NG

UN

AN

PE

RU

MA

HA

N D

AN

BA

ND

AR

(Hou

sing

and

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n D

evel

opm

ent A

utho

rity

)

NO

TE

S T

O T

HE F

INA

NC

IAL

ST

AT

EM

EN

TS

- 31S

T D

EC

EM

BE

R, 2

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(con

t.)

3.P R

OPE

RT

Y, P

LA

NT

AN

D E

QU

IPM

EN

T -

(con

t.)L

ong

term

leas

ehol

dla

ndM

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vehi

cles

Tot

alB

uild

ings

RM

RM

RM

RM

RM

Off

ice

furn

itur

e,fi

ttin

gs a

ndeq

uipm

ent,

and

reno

vati

on


The

pri

ncip

al a

ctiv

ities

of

the

subs

idia

ries

, th

eir

plac

es o

f in

corp

orat

ion

and

the

inte

rest

of

Lem

baga

Pem

bang

unan

Per

umah

an d

anB

anda

r are

as

follo

ws:

Eff

ecti

veC

ount

ry o

fO

wne

rshi

pN

ame

of C

ompa

nyP

rinc

ipal

Act

ivit

ies

Inco

rpor

atio

nIn

tere

sts

2009

2008

%%

Kua

la M

engg

atal

Prop

erty

Dev

elop

men

tM

alay

sia

9595

D

evel

opm

ent

C

orpo

ratio

n Sd

n. B

hd.

Supe

rnes

a Sd

n. B

hd.

Con

stru

ctio

n w

ork

unde

r co

ntra

ct a

ndM

alay

sia

100

100

prop

erty

dev

elop

men

t

Supe

rpan

el (

Saba

h) S

dn. B

hd.

Hol

ding

of

prop

erti

es f

or r

enta

l,M

alay

sia

100

100

pro

vis

ion

of

con

trac

t w

orks

and

rela

ted

serv

ices

and

insu

ranc

e ag

ency

LE

MB

AG

A P

EM

BA

NG

UN

AN

PE

RU

MA

HA

N D

AN

BA

ND

AR

(Hou

sing

and

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n D

evel

opm

ent

Aut

hori

ty)

NO

TE

S T

O T

HE F

INA

NC

IAL

ST

AT

EM

EN

TS

- 31S

T D

EC

EM

BE

R, 2

009

- (co

nt.)

4. I N

VE

STM

EN

TS

IN S

UB

SID

IAR

IES

- (co

nt.)


5.H

OU

SIN

G D

EB

TO

RS

2009

2008

Non

-Cur

rent

RM

RM

Low

cos

t hou

sing

......

......

......

......

......

......

4,68

0,56

51,

343,

662

Low

cos

t sho

phou

ses

......

......

......

......

......

...1,

871,

648

1,71

6,58

4C

omm

erci

al h

ousi

ng...

......

......

......

......

......

10,8

37,6

2711

,882

,414

Com

mer

cial

sho

phou

ses

......

......

......

......

......

2,50

8,69

12,

375,

290

Con

dom

iniu

m/f

lats

......

......

......

......

......

...6,

188,

867

6,19

8,21

5

26,0

87,3

9823

,516

,165

Cur

rent

Low

cos

t hou

sing

......

......

......

......

......

......

13,6

47,0

9223

,820

,665

RM

39,7

34,4

90R

M47

,336

,830

6.I N

VE

NT

OR

IES

OF

UN

SOL

D H

OU

SES

Inve

ntor

ies

of u

nsol

d ho

uses

of

RM

12,5

59,1

00 (

2008

: RM

3,24

1,10

0 )

are

carr

ied

at n

et r

ealis

able

val

ue.

7.O

TH

ER

RE

CE

IVA

BL

ES,

DE

POSI

TS

AN

D P

RE

PAY

ME

NT

S

2009

2008

RM

RM

Oth

er re

ceiv

able

s, d

epos

its a

nd p

repa

ymen

ts...

......

......

......

26,3

34,9

0127

,615

,281

Les

s: A

llow

ance

for d

oubt

ful d

ebts

......

......

......

......

...(8

,366

,311

)(8

,366

,311

)

RM

17,9

68,5

90R

M19

,248

,970

Incl

uded

in

othe

r re

ceiv

able

s, d

epos

its a

nd p

repa

ymen

ts o

f th

e A

utho

rity

are

loa

ns t

o em

ploy

ees

amou

ntin

g to

RM

31,3

49 (

2008

:R

M49

,276

).

LE

MB

AG

A P

EM

BA

NG

UN

AN

PE

RU

MA

HA

N D

AN

BA

ND

AR

(Hou

sing

and

Tow

n D

evel

opm

ent

Aut

hori

ty)

NO

TE

S T

O T

HE F

INA

NC

IAL

ST

AT

EM

EN

TS

- 31S

T D

EC

EM

BE

R, 2

009

- (co

nt.)


LE

MB

AG

A P

EM

BA

NG

UN

AN

PE

RU

MA

HA

N D

AN

BA

ND

AR

(Hou

sing

and

Tow

n D

evel

opm

ent

Aut

hori

ty)

NO

TE

S T

O T

HE F

INA

NC

IAL

ST

AT

EM

EN

TS

- 31S

T D

EC

EM

BE

R, 2

009

- (co

nt.)

8.A

MO

UN

T D

UE F

RO

M S

UB

SID

IAR

IES

The

am

ount

due

from

sub

sidi

arie

s is

uns

ecur

ed, i

nter

est f

ree

and

has

no fi

xed

term

s of

repa

ymen

t.

9.F I

XE

D D

EPO

SIT

S20

0920

08R

MR

M

Dep

osits

are

pla

ced

with

:L

icen

sed

bank

s...

......

......

......

......

......

...39

,428

,972

15,3

36,9

55

Incl

uded

in th

e fi

xed

depo

sits

is a

n am

ount

of

RM

6,00

0,00

0 (2

008:

RM

6,01

1,30

9) o

f th

e A

utho

rity

hel

d on

lien

by

a lic

ense

d ba

nkfo

r the

ove

rdra

ft fa

cilit

ies

of th

e A

utho

rity

(see

Not

e 12

).

10.

TR

AD

E P

AY

AB

LE

S

Incl

uded

in tr

ade

paya

bles

of t

he A

utho

rity

is re

tent

ion

sum

of R

M6,

696,

305

(200

8: R

M6,

544,

391)

.

11.

P RO

VIS

ION

Rep

air

and

mai

nten

ance

RM

Bal

ance

at 1

st J

anua

ry, 2

009

......

......

......

......

......

......

...5,

443,

911

Prov

isio

n m

ade

duri

ng th

e ye

ar...

......

......

......

......

......

......

214,

446

Prov

isio

n us

ed d

urin

g th

e ye

ar...

......

......

......

......

......

......

...(3

42,9

64)

Prov

isio

n re

vers

ed d

urin

g th

e ye

ar...

......

......

......

......

......

......

(902

,629

)

Bal

ance

at 3

1st D

ecem

ber,

2009

......

......

......

......

......

......

...R

M4,

412,

764


12.

BA

NK

OV

ER

DR

AFT

S

The

ban

k ov

erdr

afts

of

the

Aut

hori

ty a

re s

ecur

ed b

y w

ay o

f fi

xed

depo

sits

of

RM

6,00

0,00

0 (2

008:

RM

6,01

1,30

9) h

eld

on li

en b

y th

elic

ense

d ba

nks

resp

ectiv

ely

(see

Not

e 9)

.

The

ban

k ov

erdr

afts

of

the

Aut

hori

ty a

re s

ubje

ct t

o in

tere

st a

t 1.

5% (

2008

: 1.

5%)

per

annu

m a

bove

the

ban

k’s

base

len

ding

rat

ere

spec

tivel

y.

13.

S TA

TE

GO

VE

RN

ME

NT

LO

AN

S20

0920

08R

MR

MSt

ate

Gov

ernm

ent l

oans

- u

nsec

ured

Cur

rent

......

......

......

......

......

......

19,2

51,2

0421

,148

,515

Non

-cur

rent

......

......

......

......

......

......

18,8

22,9

2513

,711

,164

RM

38,0

74,1

29R

M34

,859

,679

Ter

ms

and

debt

s re

paym

ent s

ched

ule

Und

er1

to 2

2 to

5O

ver

5T

otal

1 ye

arye

ars

year

sye

ars

RM

RM

RM

RM

RM

2009

Uns

ecur

ed S

tate

Gov

ernm

ent l

oans

-fix

ed ra

te 4

%...

......

...38

,074

,129

19,2

51,2

0440

4,13

81,

685,

411

16,7

33,3

76

LE

MB

AG

A P

EM

BA

NG

UN

AN

PE

RU

MA

HA

N D

AN

BA

ND

AR

(Hou

sing

and

Tow

n D

evel

opm

ent

Aut

hori

ty)

NO

TE

S T

O T

HE F

INA

NC

IAL

ST

AT

EM

EN

TS

- 31S

T D

EC

EM

BE

R, 2

009

- (co

nt.)


2008

Uns

ecur

ed S

tate

Gov

ernm

ent l

oans

- fi

xed

rate

4%

......

......

34,8

59,6

7921

,148

,515

274,

571

1,26

1,55

812

,175

,035

Stat

e G

over

nmen

t has

app

rove

d to

wri

te o

ff p

rogr

essi

vely

the

Stat

e G

over

nmen

t loa

n am

ount

ing

to R

M23

,071

,421

(20

08: N

il). A

nam

ount

of

RM

2,28

9,56

8 (2

008:

Nil)

has

bee

n w

ritte

n of

f du

ring

the

fina

ncia

l yea

r.

14.

F ED

ER

AL

GO

VE

RN

ME

NT

LO

AN

S

2009

2008

RM

RM

Fede

ral G

over

nmen

t loa

ns -

uns

ecur

edC

urre

nt...

......

......

......

......

......

...19

,566

,679

15,2

55,3

30N

on-c

urre

nt...

......

......

......

......

......

...17

,554

,800

20,8

31,8

35

RM

37,1

21,4

79R

M36

,087

,165

Ter

ms

and

debt

s re

paym

ent s

ched

ule

The

loan

s in

tere

st is

pay

able

as

follo

ws:

Loa

ns f

or c

ondo

min

ium

s...

......

......

......

......

......

......

4.0%

to 7

.5%

per

ann

umL

oans

for a

ll ot

her h

ousi

ng p

roje

cts

......

......

......

......

......

...4.

0% p

er a

nnum

LE

MB

AG

A P

EM

BA

NG

UN

AN

PE

RU

MA

HA

N D

AN

BA

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Lampiran A


STATEMENT OF INCOME AND EXPENDITURE FOR THE YEAR ENDED31ST DECEMBER, 2009

2009 2008RM RM

INCOME

RevenueProfit from privatised projects ... ... ... ... 12,740,498 12,174,975Profit from developed properties ... ... ... 882,508 1,281,886

13,623,006 13,456,861

Other Operating IncomeDividend income ... ... ... ... ... ... - 200,000Gain on disposal of property, plant and equipment 79,704 -Management fees ... ... ... ... ... ... 489,232 772,067Other income ... ... ... ... ... ... ... 1,310,001 1,590,790Rental income ... ... ... ... ... ... 3,950,760 3,029,338Reversal of allowance for diminution in value ... - 277,082State Revolving Fund written off ... ... ... 2,289,568 -

8,119,265 5,869,277

Interest IncomeInterest charged to housing debtors ... ... ... 1,042,508 779,171Interest on advances/loans to contractors ... ... - 68,593Interest on fixed deposits and current accounts ... 573,247 990,745

1,615,755 1,838,509

23,358,026 21,164,647

LESS: EXPENDITURE

Administrative Expenses

Staff Costs

Education... ... ... ... ... ... ...28,300 28,605Employees’ Provident Fund contributions ... ... 506,161 548,911Medical expenses ... ... ... ... ... ... 420,226 204,159Others ... ... ... ... ... ... ... ... 41,438 22,562Pension ... ... ... ... ... ... ... ... 368,703 335,308Salaries, allowance, overtime and bonus... ...8,103,264 8,442,428SOCSO contributions ... ... ... ... ... 28,552 24,965Welfare and recreation ... ... ... ... ... 74,798 25,860

9,571,442 9,632,798


Lampiran A


STATEMENT OF INCOME AND EXPENDITURE FOR THE YEAR ENDED31ST DECEMBER, 2009 - (cont.)

2009 2008RM RM

Depreciation

Buildings ... ... ... ... ... ... ... 207,591 207,591Long term leasehold land ... ... ... ... ... 130,426 100,717Motor vehicles ... ... ... ... ... ... 401,009 291,417Office furniture, fittings, equipment and renovation ... 208,781 192,427

947,807 792,152

Other Operating Expenses

Advertising and promotion ... ... ... ... 7,096 11,879Allowance for diminution in value ... ... ... 2,379,817 -Auditors’ remuneration ... ... ... ... ... 16,105 16,105Bank charges ... ... ... ... ... ... ... 3,979 21,066Board members’ remuneration- other emoluments ... ... ... ... ... ... 251,964 227,690- study tour ... ... ... ... ... ... ... 22,067 404,001Electricity and water ... ... ... ... ... 121,047 48,004Insurance ... ... ... ... ... ... ... 264,728 206,239Land premium and other charges ... ... ... 394,675 121,750Loss on disposal of property, plant and equipment ... - 64,245Other administrative and establishment expenses ... 534,063 151,650Post completed projects ... ... ... ... ... 546,494 48,950Printing and stationery ... ... ... ... ... 143,025 126,209Professional and consultancy fee ... ... ... 203,296 88,429Repair and maintenance- general housing ... ... ... ... ... ... 2,163,579 3,038,761- motor vehicle ... ... ... ... ... ... 120,588 92,337- office, furniture and equipment ... ... ... 366,300 328,773Telephone and postage ... ... ... ... ... 72,303 69,800Travelling and accommodation ... ... ... ... 298,219 184,892Vehicle running expenses ... ... ... ... ... 161,143 97,312

8,070,488 5,348,092

18,589,737 15,773,042


Interest Expense

Interest on State and Federal loans ... ... ... 1,151,998 1,292,836Interest on bank overdraft ... ... ... ... ... 74,286 401,902

1,226,284 1,694,738

Tax Expense ... ... ... ... ... ... ... 25,672 55,465

19,841,693 17,523,245

Net profit for the year... ... ... ... ... ... RM3,516,333 RM3,641,402

Lampiran A


STATEMENT OF INCOME AND EXPENDITURE FOR THE YEAR ENDED31ST DECEMBER, 2009 - (cont.)

2009 2008RM RM



AND ITS SUBSIDIARIES

STATEMENT BY THE CHAIRMAN AND GENERAL MANAGER

In our opinion, the financial statements set out on pages 1,330 to 1,362 are drawn upso as to give a true and fair view of the state of affairs of the Authority as at 31st December,2009 and of the results of its operations and cash flows for the year ended on that date.

On behalf of the Board,

YB DATUK RUBIN BALANG

(Chairman)

JENAR @ ZAINAL BIN LAMDAH

(General Manager)

Kota Kinabalu.

Date: 26th May, 2010.




STATUTORY DECLARATION

I, CHIN SU ME, the officer primarily responsible for the financial management of LembagaPembangunan Perumahan dan Bandar (Housing and Town Development Authority),do solemnly and sincerely declare that the financial statements set out on pages 1,330 to1,362 are, to the best of my knowledge and belief, correct, and I make this solemn declarationconscientiously believing the same to be true and by virtue of the provisions of the StatutoryDeclarations Act, 1960.

Subscribed and solemnly declared bythe abovenamed CHIN SU ME at }Kota Kinabalu in the State of Sabah CHIN SU ME

on 27th May, 2010.

Before me,

DATUK CLAUDIUS ROMAN, J.P.,Pesuruhjaya Sumpah,

Malaysia.

Kota Kinabalu.




2009 2008 2009 2008RM RM RM RM

PROPERTY, PLANTAND EQUIPMENT 3 16,196,428 14,877,230 15,457,090 13,696,464

INVESTMENTS INSUBSIDIARIES ... 4 - - 7,417,689 9,797,506

LAND HELD FORPROPERTYDEVELOPMENT... 5 - 7,724,916 - -

HOUSING DEBTORS 6 26,087,398 23,516,165 26,087,398 23,516,165INVESTMENT

PROPERTIES ... 7 - 694,145 - -

42,283,826 46,812,456 48,962,177 47,010,135

CURRENT ASSETS

Housing debtors ... 6 13,647,092 23,820,665 13,647,092 23,820,665Inventories of unsold

houses ... ... 8 30,127,637 32,730,012 30,127,637 32,730,012Development

properties ... 17,729,085 13,615,728 17,729,085 13,615,728Trade receivables ... 9 20,739,331 21,082,841 - -Other receivables,

deposits andprepayments ... 10 18,433,904 20,368,231 17,968,590 19,248,970

Amount due fromsubsidiaries ... 11 - - 8,449,272 7,396,878

Tax recoverable ... - 381,900 - -Fixed deposits ... 12 40,278,972 21,077,511 39,428,972 15,336,955Cash and bank

balances ... ... 10,103,346 18,837,569 10,081,116 17,528,672

151,059,367 151,914,457 131,431,764 129,677,880

Note

Group Authority





BALANCE SHEET AT 31ST DECEMBER, 2009 - (cont.)

CURRENT LIABILITIES

Trade payables ... 21,981,102 22,055,807 8,349,581 7,517,090Other payables and

accruals ... 34,509,482 37,841,270 40,081,521 36,911,120Amount due to

contractcustomers ... 13 878,149 808,806 - -

Provision ... ... 14 4,412,764 5,443,911 4,412,764 5,443,911Housing deposits... 1,482,098 689,810 1,482,098 689,810Bank overdrafts ... 15 397,652 1,729,691 - 1,729,691H i r e p u r c h a s e liabilities ... ... 16 50,004 141,108 - -State Government

loans ... ... 17 19,251,204 21,148,515 19,251,204 21,148,515Federal Government

loans ... ... 18 19,566,679 15,255,330 19,566,679 15,255,330Government trust

funds ... ... 19 7,440,907 7,285,726 7,440,907 7,285,726Taxation ... ... 852,656 1,182,786 - 248,694

110,822,697 113,582,760 100,584,754 96,229,887

NET CURRENT ASSETS 40,236,670 38,331,697 36,847,010 33,447,993

82,520,496 85,144,153 85,809,187 80,458,128

Note 2009 2008 2009 2008RM RM RM RM

Group Authority


FINANCED BY:

ACCUMULATED FUNDS 46,089,276 49,810,628 49,431,462 45,915,129

MINORITY SHARE-

HOLDERS’ INTEREST 20 - 687,027 - -

LONG TERM AND

DEFERRED LIABI-LITIESH i r e P u r c h a s e

Liabilities 16 53,495 103,499 - -

State Governmentloans ... ... 17 18,822,925 13,711,164 18,822,925 13,711,164

Federal Governmentloans ... ... 18 17,554,800 20,831,835 17,554,800 20,831,835

36,431,220 34,646,498 36,377,725 34,542,999

82,520,496 85,144,153 85,809,187 80,458,128



Note 2009 2008 2009 2008RM RM RM RM

Group Authority



REVENUE ... ... 21 26,294,880 49,540,550 13,623,006 13,456,861

Cost of sales ... (11,390,952) (31,047,483) - -

GROSS PROFIT ... 14,903,928 18,493,067 13,623,006 13,456,861

Other operatingincome ... ... 8,179,265 5,887,146 8,119,265 5,869,277

Administrativeexpenses... ... (27,026,728) (18,548,158) (18,589,737) (15,773,042)

OPERATING (LOSS)/

PROFIT ... .... 22 (3,943,535) 5,832,055 3,152,534 3,553,096

Interest income ... 1,639,809 1,860,245 1,615,755 1,838,509Interest expense ... (1,241,954) (1,713,378) (1,226,284) (1,694,738)

(LOSS)/PROFIT

BEFORE

TAXATION... ... (3,545,680) 5,978,922 3,542,005 3,696,867

Tax expense ... 23 (175,672) (830,211) (25,672) (55,465)(LOSS)/PROFIT

AFTER TAXATION (3,721,352) 5,148,711 3,516,333 3,641,402

Minority interests 20 - 7,415 - -

NET (LOSS) /PROFIT

OF THE YEAR ... (3,721,352) 5,156,126 3,516,333 3,641,402



INCOME STATEMENT FOR THE YEAR ENDED 31ST DECEMBER, 2009

Note 2009 2008 2009 2008RM RM RM RM

Group Authority




CONSOLIDATED STATEMENT OF CHANGES IN EQUITY FOR THE YEAR ENDED

31ST DECEMBER, 2009

Group Accumulated funds

RM

At 1st January 2008 ... ... ... ... ... 44,654,502

Net profit for the year ... ... ... ... 5,156,126

At 31st December 2008 ... ... ... ... ... 49,810,628

Net loss for the year ... ... ... ... ... (3,721,352)

At 31st December 2009 ... ... ... ... ... 46,089,276




STATEMENT OF CHANGES IN EQUITY FOR THE YEAR ENDED

31ST DECEMBER, 2009

Authority Accumulated funds

RM

At 1st January 2008 ... ... ... ... ... 42,273,727


At 31st December 2008 ... ... ... ... ... 45,915,129


At 31st December 2009 ... ... ... ... ... 49,431,462


CASH FLOWS FROM

OPERATING ACTIVITIES

(LOSS) / Profit before taxation(3,545,680) 5,978,922 3,542,005 3,696,867Adjustments for:

Allowance for diminutionin value ... ... ... ... - - 2,379,817 -

Depreciation ... ... ... 1,054,340 835,967 947,807 792,152Dividend income ... ... - - - (200,000)Gain on disposal of property,

plant and equipment... ... (79,706) - (79,704) -Interest expense... ... ... 1,226,284 1,694,738 1,226,284 1,694,738Interest income ... ... ... (1,615,755) (1,838,509) (1,615,755) (1,838,509)Loss on disposal of property,

plant and equipment ... - 64,245 - 64,245Reversal of allowance for

diminution in value... ... - (277,082) - (277,082)State Revolving Fund written

off ... ... ... ... ... (2,289,568) - (2,289,568) -

Operating (loss)/profit beforeworking capital changes ... (5,250,085) 6,458,281 4,110,886 3,932,411(Increase)/Decrease in working

capital:Land held for property

development... ... ... 7,724,916 517,348 - -Housing debtors... ... ... 7,602,341 12,740,325 7,602,341 12,740,325Inventories of unsold houses 2,602,375 (19,205,415) 2,602,375 (19,205,415)

Development properties ... (4,113,357) 5,628,085 (4,113,357) 5,628,085Amount due to a contract

customers... ... ... ... 69,343 1,644,025 - -Trade and other receivables 3,886,778 446,914 1,280,380 2,906,556Amount due from subsidiaries - - (1,229,419) 39,368Trade and other payables (4,942,308) (3,854,533) 3,703,673 (2,021,810)

Cash generated from operations 7,382,003 4,375,030 13,956,878 4,019,520Interest paid ... ... ... (74,286) (401,902) (74,286) (401,902)Income tax paid ... ... ... (25,672) (543,991) (25,672) (543,991)



CASH FLOW STATEMENTS FOR THE YEAR ENDED

31ST DECEMBER, 2009

2009 2008 2009 2008RM RM RM RM

Group Authority


NET CASH GENERATEDFROM OPERATING ACTIVITIES 7,282,045 3,429,137 13,856,920 3,073,627

CASH FLOWS FROM INVESTINGACTIVITIES

Interest received ... ... 1,615,755 1,838,509 1,615,755 1,838,509Proceeds from disposal of

property, plant and equipment 79,706 118,280 79,706 118,280Purchase of property, plant

and equipment... ... ... (2,708,435) (2,019,280) (2,708,435) (2,019,280)

NET CASH USED IN INVESTINGACTIVITIES ... ... ... ... (1,012,974) (62,491) (1,012,974) (62,491)

CASH FLOWS FROM FINANCINGACTIVITIES

Drawdown of State Government loans... ... 5,386,334 7,182,700 5,386,334 7,182,700

Drawdown of Governmenttrust funds ... ... ... 155,181 - 155,181 -

Repayment of Governmenttrust funds ... ... ... - (302,730) - (302,730)

NET CASH GENERATED FROMFINANCING ACTIVITIES ... 5,541,515 6,879,970 5,541,515 6,879,970

NET INCREASE IN CASH ANDCASH EQUIVALENTS ... 11,810,586 10,246,616 18,385,461 9,891,106

CASH AND CASH EQUIVALENTSAT BEGINNING OF THE YEAR 32,174,080 21,927,464 25,124,627 15,233,521

CASH AND CASH EQUIVALENTSAT END OF THE YEAR ... 43,984,666 32,174,080 43,510,088 25,124,627

CASH AND CASH EQUIVALENTSCOMPRISE:Cash and bank balances 10,103,346 18,837,569 10,081,116 17,528,672





2009 2008 2009 2008RM RM RM RM

Group Authority


Fixed deposits 40,278,972 21,077,511 39,428,972 15,336,955Less: Deposits

pledged ... ... ... (6,000,000) (6,011,309) (6,000,000) (6,011,309)

44,382,318 33,903,771 43,510,088 9,325,646

Bank overdrafts ... (397,652) (1,729,691) - (1,729,691)

43,984,666 32,174,080 43,510,088 25,124,627





2009 2008 2009 2008RM RM RM RM

Group Authority



AND ITS SUBSIDIARIESNOTES TO THE FINANCIAL STATEMENTS - 31ST DECEMBER, 2009

1. PRINCIPAL ACTIVITIES

The Authority is a State-owned agency and is governed by the Housing and TownDevelopment Authority Enactment, 1981. The principal activities of the Authority areto develop low cost housing and township projects, whilst the principal activities of thesubsidiaries are stated in Note 4. There has been no significant change in the nature ofthese activities during the financial year.

2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

The following accounting policies are adopted by the Group and the Authority and areconsistent with those adopted in the previous years.

(a) Basis of accounting

The financial statements of the Group and the Authority are prepared on thehistorical cost basis and in compliance with applicable approved accountingstandards in Malaysia.

(b) Basis of consolidation

Subsidiaries are those enterprise controlled by the Authority. Control exists whenthe authority has the power, directly or indirectly, to govern the financial andoperating policies of an enterprise so as to obtain benefits from its activities. Thefinancial statements of subsidiaries are included in the consolidated financial state-ments from the date that control effectively commences until the date that controleffectively ceases. Subsidiaries are consolidated using the acquisition method ofaccounting.

Under acquisition method of accounting, the results of subsidiaries acquired or dis-posed of during the year are included from the date of acquisition or up to the date ofdisposal. At the date of acquisition, the fair values of the subsidiaries’ net assets aredetermined and these values are reflected in the Group financial statements. The dif-ference between acquisition cost and the fair value of the subsidiaries’ net assets isreflected as goodwill or negative goodwill as appropriate.

Intragroup transactions and balances and the result unrealised profits are eliminatedon consolidation. Unrealised losses resulting from intragroup transactions are alsoeliminated unless cost cannot be recovered.

(c) Property, plant and equipment

Property, plant and equipment are stated at cost or valuation less accumulateddepreciation and impairment losses, if any.

The Group revalues its property comprising land and building every 5 years and atshorter intervals whenever the fair value of the revalued assets is expected to dif-fer materially from their carrying value.


Surpluses arising from revaluation are dealt with in the property revaluation reserveaccount. Any deficit arising is offset against the revaluation reserve to the extent of aprevious increase for the same property. In all other cases, a decrease in carrying amountis charged to the income statement.

Property, plant and equipment retired from active use and held for disposal arestated at the carrying amount at the date when the asset is retired from active use,less impairment losses, if any.

(d) Depreciation

The straight line method is used to write off the cost of the following assets overthe term of their estimated useful lives at the following principal annual rates:

Long term leasehold land over 50 yearsBuildings 2%Motor vehicles 20%Plant and machinery 20%Office furniture, fittings and equipment 10% - 20%Renovation 10%Computer Software 20%

A long term leasehold land of the Group with an unexpired lease period of 75years at year end is not amortised. The non-amortisation does not have a materialeffect on the financial statements.

(e) Impairment

The carrying amounts of the Group’s assets, other than inventories and financialassets (other than investments in subsidiaries), are reviewed at each balance sheetdate to determine whether there is any indication of impairment. If any such indi-cation exists, the asset’s recoverable amount is estimated. An impairment loss isrecognised whenever the carrying amount of an asset or the cash-generating unitto which it belongs exceeds its recoverable amount. Impairment losses arerecognised in the income statement, unless the asset is carried at a revalued amount,in which case the impairment loss is charged to equity.

The recoverable amount is the greater of the asset’s net selling price and itsvalue in use. In assessing value in use, estimated future cash flows are discountedto their present value using a pre-tax discount rate that reflects current marketassessments of the time value of money and the risks specific to the asset. For an


AND ITS SUBSIDIARIESNOTES TO THE FINANCIAL STATEMENTS - 31ST DECEMBER, 2009 - (cont.)


(c) Property, plant and equipment - (cont.)


asset that does not generate largely independent cash inflows, the recoverableamount is determined for the cash-generating unit to which the asset belongs.

An impairment loss in respect of goodwill is not reversed unless the loss wascaused by a specific external event of an exceptional nature that is not expected torecur and subsequent external events have occurred that reverse the effect of thatevent.

In respect of other assets, an impairment loss is reversed if there has been a changein the estimates used to determine the recoverable amount.

An impairment loss is reversed only to the extent that the asset’s carrying amountdoes not exceed the carrying amount that would have been determined, netof depreciation or amortisation, if no impairment loss had been recognised. Thereversal is recognised in the income statement, unless it reverses an impairmentloss on a revalued asset, in which case it is taken to equity.

(f) Investment properties

Investment properties are treated as long term investments and are stated at cost.An allowance is made when the directors are of the view that there is a diminutionin their value which is other than temporary.

(g) Development properties

Land and development expenditure whereby significant development work hasbeen undertaken and is expected to be completed within the normal operatingcycle are classified as development properties. Development properties arestated at cost plus attributable profits less foreseeable losses, net of progressbillings. Cost includes cost of land, all direct building cost, and other relateddevelopment expenditure incurred during the period of development.

(h) Inventories of unsold houses

Inventories of unsold houses are stated at the lower of cost and net realisablevalue. Costs include apportioned land cost and development expenditureincurred.

(i) Revenue

(i) Property development

Profit from property development is recognised using the percentageof completion method. Where foreseeable losses are anticipated, fullprovision for these losses is made in the financial statements.



2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - (cont.)(e) Impairment - (cont.)


Profit from property development undertaken by another developer on theGroup’s and Authority’s land is recognised using the percentage of completionmethod determined on the proportion of value of development units sold againsttotal saleable value and is calculated based on the Group’s and Authority’s en-titlement on properties sold by the developer.

(ii) Developed properties

Profit on developed properties is recognised when transfer of risks andrewards has been completed.

(iii) Privatised projects

Profit on privatised projects is recognised on an accrual basis based onstipulated fixed schedule.

(iv) Construction contracts

Revenue from fixed price construction contracts is recognised on thepercentage of completion method measured by reference to the percentageof contract costs incurred to date to estimated total contract costs.

When the outcome of a construction contract cannot be estimated reliably,revenue is recognised only to the extent of contract costs incurred that isprobable to be recoverable and contract costs are recognised as an expensein the period in which they are incurred.

An expected loss on a contract is recognised immediately in the incomestatement.

(v) Rental income and net insurance commission

Rental income is recognised on an accrual basis and net insurance com-mission is recognised when services are rendered.

(vi) Interest income and net insurance commission

Interest income is recognised in the income statement as it accrues, takinginto account effective yield on the asset.

(vii) Dividend income

Dividend income is recognised when the right to receive payment isestablished.

(viii) Project entitlements

The entitlements, pursuant to the agreement entered with the joint venturepartners, are recognised on accrual basis based on stipulated fixed schedule.




(i) Revenue - (cont.)


(j) Interest on borrowings

Interest on borrowings is charged against income and no part of the interest istreated as an inherent part of the total cost of property development.

(k) Provisions

A provision is recognised when it is probable that an outflow of resourcesembodying economic benefits will be required to settle a present obligation (legalor constructive) as a result of a past event and a reliable estimate can be made of theamount.

(i) Provision for repairs and maintenance on completed projects

Provision for repairs and maintenance is made at 5% of cost for low costhousing projects and 3% for all other projects upon their completion.

(l) Employee benefits

(i) Short term benefits

Wages, salaries, paid leave and sick leave, bonus and non-monetarybenefits are recognised in the year in which associated services are renderedby employees of the Group and of the Authority.

(ii) Defined contribution plans

Obligations for contributions to defined contribution plans are recognisedas an expense in the income statement as incurred. Other retirement benefitsare charged against income as and when paid.

(m) Government trust funds

Grants and Trust Funds received from the Federal and State Governments for thedevelopment of specific projects are utilised to meet the cost of developingthose projects. At the completion of the project, any excess Trust Fund isrefundable to the respective governments, while shortfalls are to be recoveredand shown as a debit balance in the respective fund.

(n) Investments

Long term investments in subsidiaries are stated at cost in the Authority, lessimpairment loss where applicable.

(o) Income tax

Tax on the profit or loss for the year comprises current and deferred tax. Incometax is recognised in the income statement except to the extent that it relates to itemsrecognised directly in equity, in which case it is recognised in equity.

Current tax expense is the expected tax payable on the taxable income for the year,using tax rates enacted or substantially enacted at the balance sheet date, and anyadjustment to tax payable in respect of previous years.





Deferred tax is provided, using the liability method, on temporary differencesarising between the tax bases of assets and liabilities and their carrying amounts inthe financial statements. The amount of deferred tax provided is based on theexpected manner of realisation or settlement of the carrying amount of assets andliabilities, using tax rates enacted or substantially enacted at the balance sheet date.

A deferred tax asset is recognised only to the extent that it is probable that futuretaxable profits will be available against which the asset can be utilised.

(p) Cash and cash equivalents

Cash and cash equivalents consist of cash on hand, balances and deposits withbanks. For the purpose of the cash flow statement, cash and cash equivalents arepresented net of bank overdrafts and pledged deposits.

(q) Land held for property development

Land held for property development consist of land or such portions thereof on whichno development activities have been carried out or where development activities arenot expected to be completed within the Company’s normal operating cycle of 2 to 3years. Such land is classified as non-current asset and is stated at cost less accumulatedimpairment losses.

Land held for property development is reclassified as property development costsat the point when development activities have commenced and where it can bedemonstrated that the development activities can be within the Company’s normaloperating cycle of 2 to 3 years.

Cost of land held for property development comprise cost associated with the ac-quisition of land and all cost incurred sabsequent to the acquisition but prior toreclassification to property development costs on activities necessary to preparethe land for its intended use.

Cost associated with the acquisition of land includes the purchase price of the land,professional fee, stamp duties, commissions, conversion fees and other relevant levies.

(r) Hire purchase liabilities

The cost of property, plant and equipment acquired under hire purchase agreementis capitalised under property, plant and equipment and the corresponding




(o) Income tax - (cont.)


obligations are taken up as liabilities. Hire purchase interest is taken up in theincome statement on a sum-of-digits basis over the period of the hire pur-chase agreement.

Amount due to contract customers on construction contracts is stated at cost plusattributable profits less foreseeable losses and less progress billings. Cost includesall direct construction costs and other related costs. Where progress billings exceedthe aggregate amount due from contract customers plus attributable profits lessforeseeable losses, the net credit balance on all such contracts is shown under cur-rent liabilities as amount due to contract customers.

Receivables are carried at anticipated realisable value. Bad debts are written off inthe year in which they are identified. An estimate is made for doubtful debts basedon a review of all outstanding amounts at the year end.

Payables is stated at cost which is the fair value of the consideration to be paid inthe future for goods and services rendered.




(s) Amount due to contract customers

(r) Hire purchase liabilities - (cont.)

(t) Receivables

(u) Payables


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hori

ty)

AN

D I

TS

SUB

SID

IAR

IES

NO

TE

S T

O T

HE F

INA

NC

IAL

ST

AT

EM

EN

TS

- 31S

T D

EC

EM

BE

R, 2

009

- (co

nt.)

3.P R

OPE

RT

Y, P

LA

NT

AN

D E

QU

IPM

EN

T -

(con

t.)

Aut

hori

ty

2009RM

2008RM


The

pri

ncip

al a

ctiv

ities

of

the

subs

idia

ries

, th

eir

plac

es o

f in

corp

orat

ion

and

the

inte

rest

of

Lem

baga

Pem

bang

unan

Per

umah

an d

anB

anda

r are

as

follo

ws:

Nam

e of

Com

pany

Pri

ncip

al A

ctiv

itie

s

%%

Kua

la M

engg

atal

Prop

erty

dev

elop

men

t95

95 D

evel

opm

ent

Cor

pora

tion

Sdn.

Bhd

.*

Supe

rnes

a Sd

n. B

hd.*

Con

stru

ctio

n w

ork

unde

r co

ntra

ct a

nd10

010

0pr

oper

ty d

evel

opm

ent

Supe

rpan

el (

Saba

h) S

dn. B

hd.*

Hol

ding

of p

rope

rtie

s fo

r ren

tal,

100

100

prov

isio

n of

con

trac

t wor

ks a

ndre

late

d se

rvic

es a

nd in

sura

nce

agen

cy

* T

he a

udite

d fi

nanc

ial s

tate

men

ts a

s at 3

1st D

ecem

ber 2

009,

are

not

ava

ilabl

e an

d th

e fi

nanc

ial s

tate

men

ts o

f the

se su

bsid

iarie

s hav

e be

enco

nsol

idat

ed b

ased

on

man

agem

ent a

ccou

nts.

Lea

seho

ld la

nd, a

t cos

t...

......

......

......

...-

7,72

4,91

6D

evel

opm

ent e

xpen

ditu

re...

......

......

......

...-

--

RM

7,72

4,91

6

LE

MB

AG

A P

EM

BA

NG

UN

AN

PE

RU

MA

HA

N D

AN

BA

ND

AR

(Hou

sing

and

Tow

n D

evel

opm

ent

Aut

hori

ty)

AN

D I

TS

SUB

SID

IAR

IES

NO

TE

S T

O T

HE F

INA

NC

IAL

ST

AT

EM

EN

TS

- 31S

T D

EC

EM

BE

R, 2

009

- (co

nt.)

4.I N

VE

STM

EN

TS

IN S

UB

SID

IAR

IES

- (co

nt.)

5.L

AN

D H

EL

D F

OR

PR

OPE

RT

Y D

EV

EL

OPM

EN

T

Gro

up20

0920

08R

MR

M

Cou

ntry

of

Eff

ecti

veO

wne

rshi

pIn

tere

sts

Mal

aysi

a

Inco

rpor

atio

n

Mal

aysi

a

Mal

aysi

a

2009

2008


LE

MB

AG

A P

EM

BA

NG

UN

AN

PE

RU

MA

HA

N D

AN

BA

ND

AR

(Hou

sing

and

Tow

n D

evel

opm

ent

Aut

hori

ty)

AN

D I

TS

SUB

SID

IAR

IES

NO

TE

S T

O T

HE F

INA

NC

IAL

ST

AT

EM

EN

TS

- 31S

T D

EC

EM

BE

R, 2

009

- (co

nt.)

6.H

OU

SIN

G D

EB

TO

RS

2009

2008

Non

-Cur

rent

RM

RM

Low

cos

t hou

sing

......

......

......

......

......

...4,

680,

565

1,34

3,66

2L

ow c

ost s

hoph

ouse

s...

......

......

......

......

...1,

871,

648

1,71

6,58

4C

omm

erci

al h

ousi

ng...

......

......

......

......

...10

,837

,627

11,8

82,4

14C

omm

erci

al s

hoph

ouse

s...

......

......

......

......

2,50

8,69

12,

375,

290

Con

dom

iniu

m/f

lats

......

......

......

......

......

6,18

8,86

76,

198,

215

26,0

87,3

9823

,516

,165

Cur

rent

Low

cos

t hou

sing

......

......

......

......

......

...13

,647

,092

23,8

20,6

65

RM

39,7

34,4

90R

M47

,336

,830

7.I N

VE

STM

EN

T P

RO

PER

TIE

S

At y

ear e

nd, t

he ti

tles

to th

ese

prop

ertie

s of

the

Gro

up a

re s

till p

endi

ng th

e su

bdiv

isio

n of

the

title

.

8.I N

VE

NT

OR

IES

OF

UN

SOL

D H

OU

SES

Gro

up a

nd A

utho

rity

Inve

ntor

ies

of u

nsol

d ho

uses

of

RM

12,5

59,1

00 (

2008

: RM

3,24

1,10

0) a

re c

arri

ed a

t net

rea

lisab

le v

alue

.

Gro

up a

nd A

utho

rity

Gro

up


9.T

RA

DE R

EC

EIV

AB

LE

S

2009

2008

RM

RM

Tra

de re

ceiv

able

s20

,946

,617

21,2

90,1

27L

ess:

Allo

wan

ce fo

r dou

btfu

l deb

ts(2

07,2

86)

(207

,286

)

20,7

39,3

3121

,082

,841

Incl

uded

in tr

ade

rece

ivab

les

of th

e G

roup

are

ret

entio

n m

onie

s of

RM

9,90

5,29

8 (2

008:

RM

9,90

5,29

8)

10.

OT

HE

R R

EC

EIV

AB

LE

S, D

EPO

SIT

S A

ND

PR

EPA

YM

EN

TS

Oth

er re

ceiv

able

s, d

epos

its a

nd p

repa

ymen

ts...

......

26,8

27,0

0528

,761

,332

26,3

34,9

0127

,615

,281

Les

s: A

llow

ance

for d

oubt

ful d

ebts

......

......

(8,3

93,1

01)

(8,3

93,1

01)

(8,3

66,3

11)

(8,3

66,3

11)

18,4

33,9

0420

,368

,231

17,9

68,5

9019

,248

,970

Incl

uded

in

othe

r re

ceiv

able

s, d

epos

its a

nd p

repa

ymen

ts o

f th

e G

roup

and

of

the

Aut

hori

ty a

re l

oans

to

empl

oyee

s am

ount

ing

to

RM

31,3

49 (

2008

: RM

49,2

76).L

EM

BA

GA

PE

MB

AN

GU

NA

N P

ER

UM

AH

AN

DA

N B

AN

DA

R(H

ousi

ng a

nd T

own

Dev

elop

men

t A

utho

rity

)A

ND

IT

S SU

BSI

DIA

RIE

S

NO

TE

S T

O T

HE F

INA

NC

IAL

ST

AT

EM

EN

TS

- 31S

T D

EC

EM

BE

R, 2

009

- (co

nt.)

2009

2008

2009

2008

RM

RM

RM

RM

Gro

up

Gro

upA

utho

rity


11.

AM

OU

NT D

UE F

RO

M/T

O S

UB

SID

IAR

IES

Aut

hori

tyT

he a

mou

nt d

ue fr

om s

ubsi

diar

ies

is u

nsec

ured

, int

eres

t fre

e an

d ha

s no

fixe

d te

rms

of re

paym

ent.

12.

F IX

ED

DE

POSI

TS

Dep

osits

are

pla

ced

with

:L

icen

sed

bank

s...

......

......

......

......

40,2

78,9

7221

,077

,511

39,4

28,9

7215

,336

,995

Incl

uded

in th

e fi

xed

depo

sits

are

:

(a)

An

amou

nt o

f R

M20

0,00

0 (2

008:

RM

200,

000)

of

the

Gro

up h

eld

unde

r lie

n by

lice

nsed

ban

ks to

sec

ure

the

over

draf

t and

ban

k

guar

ante

e fa

cilit

ies

gran

ted

to th

e su

bsid

iari

es (s

ee N

ote

15).

(b)

An

amou

nt o

f R

M6,

000,

000

(200

8: R

M6,

011,

309)

of

the

Gro

up a

nd o

f th

e A

utho

rity

hel

d on

lie

n by

a l

icen

sed

bank

for

the

over

draf

t fac

ilitie

s to

the

Aut

hori

ty (s

ee N

ote

15).

LE

MB

AG

A P

EM

BA

NG

UN

AN

PE

RU

MA

HA

N D

AN

BA

ND

AR

(Hou

sing

and

Tow

n D

evel

opm

ent

Aut

hori

ty)

AN

D I

TS

SUB

SID

IAR

IES

NO

TE

S T

O T

HE F

INA

NC

IAL

ST

AT

EM

EN

TS

- 31S

T D

EC

EM

BE

R, 2

009

- (co

nt.)

Gro

upA

utho

rity

2009

2008

2009

2008

RM

RM

RM

RM


Con

trac

t cos

t inc

urre

d to

dat

e...

......

......

......

...-

-

Add

: Attr

ibut

able

pro

fits

......

......

......

......

...-

-

--

Les

s: P

rogr

ess

billi

ngs

......

......

......

......

...87

8,14

980

8,80

6

(RM

878,

149)

(RM

808,

806)

14.

P RO

VIS

ION

Bal

ance

at 1

st J

anua

ry, 2

009

......

......

......

......

......

5,44

3,91

1Pr

ovis

ion

mad

e du

ring

the

year

......

......

......

......

......

214,

446

Prov

isio

n us

ed d

urin

g th

e ye

ar...

......

......

......

......

...(3

42,9

64)

Prov

isio

n re

vers

ed d

urin

g th

e ye

ar...

......

......

......

......

...(9

02,6

29)

Bal

ance

at 3

1st D

ecem

ber,

2009

......

......

......

......

......

RM

4,41

2,76

4

LE

MB

AG

A P

EM

BA

NG

UN

AN

PE

RU

MA

HA

N D

AN

BA

ND

AR

(Hou

sing

and

Tow

n D

evel

opm

ent

Aut

hori

ty)

AN

D I

TS

SUB

SID

IAR

IES

NO

TE

S T

O T

HE F

INA

NC

IAL

ST

AT

EM

EN

TS

- 31S

T D

EC

EM

BE

R, 2

009

- (co

nt.)

Gro

up

Gro

up a

nd A

utho

rity

Rep

air

and

mai

nten

ance

RM

2009

RM

2008

RM

13.

AM

OU

NT D

UE

TO

CO

NT

RA

CT C

UST

OM

ER

S


LE

MB

AG

A P

EM

BA

NG

UN

AN

PE

RU

MA

HA

N D

AN

BA

ND

AR

(Hou

sing

and

Tow

n D

evel

opm

ent

Aut

hori

ty)

AN

D I

TS

SUB

SID

IAR

IES

NO

TE

S T

O T

HE F

INA

NC

IAL

ST

AT

EM

EN

TS

- 31S

T D

EC

EM

BE

R, 2

009

- (co

nt.)

15.

BA

NK

OV

ER

DR

AFT

S

The

ban

k ov

erdr

afts

of

the

Gro

up a

nd o

f th

e A

utho

rity

are

sec

ured

by

way

of

fixe

d de

posi

ts o

f R

M6,

000,

000

(200

8: R

M6,

211,

309)

and

RM

6,00

0,00

0 (2

008:

RM

6,01

1,30

9) h

eld

on li

en b

y th

e lic

ense

d ba

nks

resp

ectiv

ely

(see

Not

e 12

).

The

ban

k ov

erdr

afts

of t

he G

roup

and

of t

he A

utho

rity

are

sub

ject

to in

tere

st a

t 1.5

% (2

008:

1.5

%) p

er a

nnum

abo

ve th

e ba

nk’s

bas

ele

ndin

g ra

te re

spec

tivel

y.

Hir

e pu

rcha

se li

abili

ties

of th

e G

roup

is p

ayab

le a

s fo

llow

s:

Les

s th

an o

ne y

ear

...50

,004

-50

,004

141,

108

-14

1,10

8

Bet

wee

n on

e an

d fi

veye

ars

......

...53

,495

-53

,495

103,

499

-10

3,49

9

RM

103,

499

-R

M10

3,49

9R

M24

4,60

7-

RM

244,

607

The

hir

e pu

rcha

se c

redi

tor o

f the

Gro

up is

sub

ject

to fi

xed

inte

rest

of 4

.6%

- 9.

79%

(200

8: 4

.6%

- 9.

79%

) per

ann

um.

Pay

men

ts20

08P

rinc

ipal

2008

Inte

rest

2008

Pri

ncip

al20

09R

MR

MR

MR

MR

M

Inte

rest

2009

Pay

men

ts20

09R

MG

roup

Gro

up a

nd A

utho

rity

16.

HIR

E P

UR

CH

ASE

LIA

BIL

ITIE

S


LE

MB

AG

A P

EM

BA

NG

UN

AN

PE

RU

MA

HA

N D

AN

BA

ND

AR

(Hou

sing

and

Tow

n D

evel

opm

ent

Aut

hori

ty)

AN

D I

TS

SUB

SID

IAR

IES

NO

TE

S T

O T

HE F

INA

NC

IAL

ST

AT

EM

EN

TS

- 31S

T D

EC

EM

BE

R, 2

009

- (co

nt.)

Stat

e G

over

nmen

t loa

ns -

uns

ecur

edC

urre

nt...

......

......

......

......

......

19,2

51,2

0421

,148

,515

Non

-cur

rent

......

......

......

......

......

...18

,822

,925

13,7

11,1

64

RM

38,0

74,1

29R

M34

,859

,679

Ter

ms

and

debt

s re

paym

ent s

ched

ule

Uns

ecur

ed S

tate

Gov

ernm

ent l

oans

-fix

ed ra

te 4

%...

......

...38

,074

,129

19,2

51,2

0440

4,13

81,

685,

411

16,7

33,3

76

Uns

ecur

ed S

tate

Gov

ernm

ent l

oans

-fi

xed

rate

4%

......

....

...34

,859

,679

21,1

48,5

1527

4,57

11,

261,

558

12,1

75,0

35

The

Sta

te G

over

nmen

t ha

s ap

prov

ed t

o w

rite

off

pro

gres

sive

ly S

tate

Gov

ernm

ent

loan

am

ount

ing

to R

M23

,071

,421

. A

n am

ount

of

RM

2,28

9,56

8 ha

s be

en w

ritte

n of

f du

ring

the

fina

ncia

l yea

r.

Gro

up a

nd A

utho

rity

2009

2008

Gro

up a

nd A

utho

rity

RM

2009

RM

2008

17.

S TA

TE

GO

VE

RN

ME

NT

LO

AN

S

1 to

2ye

ars

2 to

5ye

ars

Und

er1

year

RM

RM

RM

RM

RM

Tot

alO

ver

5Y

ears


LE

MB

AG

A P

EM

BA

NG

UN

AN

PE

RU

MA

HA

N D

AN

BA

ND

AR

(Hou

sing

and

Tow

n D

evel

opm

ent

Aut

hori

ty)

AN

D I

TS

SUB

SID

IAR

IES

NO

TE

S T

O T

HE F

INA

NC

IAL

ST

AT

EM

EN

TS

- 31S

T D

EC

EM

BE

R, 2

009

- (co

nt.)

Fede

ral G

over

nmen

t loa

ns -

uns

ecur

edC

urre

nt...

......

......

......

......

......

...19

,566

,679

15,2

55,3

30N

on-c

urre

nt...

......

......

......

......

......

...17

,554

,800

20,8

31,8

35

RM

37,1

21,4

79R

M36

,087

,165

Ter

ms

and

debt

s re

paym

ent s

ched

ule

The

loan

s in

tere

st is

pay

able

as

follo

ws:

Loa

ns f

or c

ondo

min

ium

s...

......

......

......

......

...4.

0% to

7.5

% p

er a

nnum

Loa

ns fo

r all

othe

r hou

sing

pro

ject

s...

......

......

......

...4.

0% p

er a

nnum

Uns

ecur

ed F

eder

al G

over

nmen

t loa

ns...

37,1

21,4

7919

,566

,679

3,41

2,50

01,

756,

582

12,3

85,7

18

Uns

ecur

ed F

eder

al G

over

nmen

t loa

ns...

36,0

87,1

6515

,255

,330

3,27

7,03

44,

555,

198

12,9

99,6

03

Gro

up a

nd A

utho

rity

Gro

up a

nd A

utho

rity

1 to

2ye

ars

2 to

5ye

ars

Und

er1

year

RM

RM

RM

RM

RM

Tot

alO

ver

5Y

ears

RM

2009

RM

2008

2009

2008

18.

FED

ER

AL

GO

VE

RN

ME

NT

LO

AN

S


Stat

e G

over

nmen

t Hou

sing

Fun

d...

......

......

......

...34

,276

34,2

76St

ate

Fund

for N

ew T

owns

hip

......

......

......

......

1,24

6,03

31,

150,

977

Stat

e G

over

nmen

t Sub

sidi

es F

und.

.....

......

......

......

4,18

4,65

64,

148,

316

Stat

e G

over

nmen

t Age

ncy

Fund

s...

......

......

......

...1,

975,

942

1,95

2,15

7R

M7,

440,

907

RM

7,28

5,72

6

20.

MIN

OR

ITY

SH

AR

EH

OL

DE

RS’

INT

ER

EST

Thi

s co

nsis

ts o

f the

min

ority

sha

reho

lder

s’ p

ropo

rtio

n of

sha

re c

apita

l and

rese

rve

of a

sub

sidi

ary.

Prof

it fr

om p

riva

tised

pro

ject

s...

......

12,7

40,4

9812

,174

,975

12,7

40,4

9812

,174

,975

Prof

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RM

20 Jun 20131,362


PUBLIC NOTICE

No. 536 [No. MdI (SDK) 14841/2002 (NII 100/02)

AKTA KEBANKRAPAN, 1967

NOTIS MENGENAI DIVIDEN YANG DICADANGKAN

Nama Siberhutang: Rosemawati bte Hj. Adil

No. Kad Pengenalan: 710715-12-5656/H 0844646

Alamat: Peti Surat No. 2726,90730 Sandakan

Perihal: -

Mahkamah: Mahkamah Tinggi, Sandakan

No. Kebankrapan: S(29) 100 tahun 2002

Tarikh Akhir Menerima Bukti-bukti: 27 Jun 2013

Nama Pemegang Amanah: Ketua Pengarah Insolvensi, Malaysia

Alamat:Jabatan Insolvensi Malaysia,Cawangan Sandakan,Tingkat 5 dan 6, Menara Rickoh,Bandar Indah, Batu 4, Jalan Utara,Peti Surat No. 846, 90709 Sandakan.

Bertarikh: 6 Jun 2013.

PATRICK LAING NGAU,Pegawai Insolvensi Tinggi,

Ketua Cawangan,Jabatan Insolvensi Malaysia Cawangan Sandakan.

[No. MdI (SDK) 14841/2002 (NII 100/02)

BANKRUPTCY ACT, 1967

NOTICE OF INTENDED DIVIDEND

Debtor’s Name: Rosemawati bte Hj. Adil

NRIC No.: 710715-12-5656/H 0844646

Address: P. O. Box No. 2726,90730 Sandakan

Description: -

Court: High Court, Sandakan

Bankruptcy Number: S(29) 100 of 2002


Last Day of Receiving Proofs: 27th June, 2013

Name of Trustee: Director General of Insolvency, Malaysia

Address:

Department of Insolvency Malaysia,Sandakan Branch,Level 5 and 6, Menara Rickoh,Bandar Indah, Mile 4, North Road,P. O. Box No. 846, 90709 Sandakan.

Dated: 6th June, 2013.

PATRICK LAING NGAU,Senior Insolvency Officer,

Head of Branch,Department of Insolvency Malaysia Sandakan Branch.

Kadar langganan berikut bagi Warta Kerajaan Negeri Sabah yang berkuatkuasa mulai daripada 1 Januari 2013 adalah diterbitkan untuk makluman Umum:

KADAR LANGGANAN UNTUK TAHUN 2013

Warta Kerajaan termasuk tambahan-tambahan:- (Tidak termasuk Tambahan Tanda Perdagangan)

RMLangganan Tahunan di dalam Malaysia ... ... 120.00Langganan Tahunan di luar Malaysia ... ... ... 180.00Tambahan Tanda Perdagangan (untuk satu keluaran) 2.40

Sesuatu naskhah Warta Kerajaan, Tambahan-tambahan, RangUndang-undang, Laporan Dewan Undangan Negeri,Pekeliling dan lain-lain.

Tidak lebih daripada 8 muka ... ... ... ... 1.80

Tidak lebih 9 hingga 16 muka ... ... ... ... 2.40





Lebih daripada 96 muka ... ... ... ... ... 7.20 dan tambahRM1.20untuk setiap32 mukayang lebih.

Senaskhah Tahunan Tambahan Pertama dan Kedua sertaindeks 2012 (dijilid dengan Kulit Keras) ... ... RM 42.00

PUBLIC NOTICE - (cont.)

BANKRUPTCY ACT, 1967 - (cont.)


Kadar-kadar di atas adalah termasuk belanja Pos biasa (mel laut)

Pengiriman Wang hendaklah dialamatkan kepada Pencetak Kerajaan, JabatanCetak Kerajaan, Kota Kinabalu, Sabah. Cek dan Wang Pos hendaklah dibuatpembayarannya kepada Pencetak Kerajaan, Jabatan Cetak Kerajaan, dan dipalang“& Co”.

Untuk Makluman(1) Pelanggan bagi Warta Kerajaan Negeri dan terbitan-terbitan Kerajaan lain seperti

Laporan Tahunan, Laporan Jabatan dan sebagainya hendaklah dialamatkankepada Pencetak Kerajaan, Jabatan Cetak Kerajaan, Km. 4, Jalan Tuaran, BegBerkunci 2004, 88554 Kota Kinabalu.

(2) Pelanggan-pelanggan yang hendak mendapatkan Warta Kerajaan Persekutuanhendaklah memohon terus kepada Percetakan Nasional Malaysia Berhad, JalanChan Sow Lin, 50554 Kuala Lumpur.

________________________________________________________________________DICETAK OLEH PENCETAK KERAJAAN,

DATUK HAJI SALSIDU BIN HAJI IBRAHIM, P.G.D.K., K.M.N., J.P., JABATAN CETAK KERAJAAN,SABAH, MALAYSIA.

2013.P.K. 0001 (L) - 2013

sabah, malaysia warta kerajaan294 warta kerajaan negeri sabah 20 jun 2013 kerajaan tempatan dan...

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