Post on 30-Apr-2019
No. 235 [No. DBKK (BHU) 100-1/15
ORDINAN KERAJAAN TEMPATAN, 1961(Ordinan No. 11 tahun 1961)
NOTIS PERUBAHAN SENARAI NILAIAN BANDARAYA KOTA KINABALUBAGI TAHUN 2013
Menurut peruntukan-peruntukan Seksyen 74 dan 77, Ordinan Kerajaan Tempatan1961, pembayar-pembayar cukai kadaran adalah dengan ini diberitahu bahawa DewanBandaraya Kota Kinabalu telah membuat semakan semula ke atas harta berkadar dalamkawasan perkadaran Dewan Bandaraya Kota Kinabalu dan memutuskan untuk menerimasenarai penilaian bagi tahun 2013 berpandukan kepada senarai penilaian bagi tahun yangterdahulu (2012), dan pada menjalankan kuasa-kuasa yang diberikan di bawah Seksyen 85Ordinan tersebut, Dewan Bandaraya Kota Kinabalu dengan ini memasukkan penilaian hartaberkadar (Tambahan harta berkadar baru yang telah dinilai oleh Dewan Bandaraya KotaKinabalu pada tahun 2012) yang belum dimasukkan dalam senarai penilaian 2012.
2. Pemeriksaan ke atas senarai penilaian tersebut serta salinannya boleh diperoleh diJabatan Penilaian, Dewan Bandaraya Kota Kinabalu pada waktu pejabat.
3. Sesiapa yang ingin membuat bantahan terhadap mana-mana nilai berkadar tersebut(secara khususnya merujuk kepada harta berkadar baru yang telah dinilai oleh DewanBandaraya Kota Kinabalu pada tahun 2012 sahaja), boleh berbuat demikian secara notis
Jil. LXX] [No. 32KOTA KINABALU, KHAMIS, 13 OGOS 2015
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
WARTA KERAJAAN NEGERI SABAH 13 Ogos 20151,344
bertulis dan mesti disampaikan kepada Dewan Bandaraya Kota Kinabalu, enam (6) harisebelum 18 Disember 2012. Setiap notis tersebut hendaklah menentukan jumlah nilaiberkadar yang dicadangkan sebagai ganti kepada jumlah nilai berkadar yang dinyatakandalam senarai penilaian serta menyatakan jenis dan alasan-alasan bantahan tersebut.
Bertarikh di Kota Kinabalu pada 10 Ogos 2015.
DATUK ABIDIN MADINGKIR,Mayor,
Bandaraya Kota Kinabalu.
[No. DBKK (BHU) 100-1/15
THE LOCAL GOVERNMENT ORDINANCE, 1961(Ordinance No. 11 of 1961)
CITY OF KOTA KINABALUNOTICE OF VARIATION OF VALUATION LIST, 2013
In accordance with the provision of Sections 74 and 77 of the Local GovernmentOrdinance, 1961, ratepayers are hereby notified that the Kota Kinabalu City Hall hasreviewed the rateable properties within the rating area of Kota Kinabalu City Hall and hasresolved to adopt for the year 2013, the valuation list for the preceding year (2012), and thatin exercise of the powers conferred upon it by Section 85 of the said Ordinance, the KotaKinabalu City Hall has caused valuation of rateable properties (An additional new rateableproperties which was valued by Kota Kinabalu City Hall in the year 2012) not hithertoincluded in the valuation list for the year 2012.
2. The valuation list may be inspected at Kota Kinabalu City Hall, Valuation Departmentduring office hours and extracts may be taken therefrom.
3. Any person wishing to object to any rateable value as aforesaid (specifically referredto the new rateable properties valued by Kota Kinabalu City Hall in the year 2012), shallgive written notice thereof to the Kota Kinabalu City Hall, six (6) days before 18thDecember, 2012, being the date fixed for commencement of the objection hearing. Everysuch notice shall specify the amount of the rateable value which the person objecting considersshould be substituted with the amount stated in the valuation list and the nature and groundsof such person’s objection and particulars thereof.
Dated at Kota Kinabalu this 10th day of August, 2015.
DATUK ABIDIN MADINGKIR,Mayor,
City of Kota Kinabalu.
ORDINAN KERAJAAN TEMPATAN, 1961 - (samb.)
WARTA KERAJAAN NEGERI SABAH 1,34513 Ogos 2015
No. 236 [No. KKT&P: 400-14/2 Jld. 7 (4)
LAPORAN KETUA AUDIT NEGARA MENGENAI PENYATA KEWANGANLEMBAGA PEMBANGUNAN PERUMAHAN DAN BANDAR
BAGI TAHUN BERAKHIR 31 DISEMBER 2013
Laporan Mengenai Penyata Kewangan
Penyata Kewangan Lembaga Pembangunan Perumahan dan Bandar dan Kumpulan bagitahun berakhir 31 Disember 2013 telah diaudit oleh wakil saya yang merangkumi LembaranImbangan pada 31 Disember 2013 dan Penyata Pendapatan, Penyata Perubahan DalamEkuiti serta Penyata Aliran Tunai bagi tahun berakhir pada tarikh tersebut, ringkasan polisiperakaunan yang signifikan dan nota penjelasan lain.
Tanggungjawab Lembaga Pengarah Terhadap Penyata Kewangan
Lembaga Pengarah bertanggungjawab terhadap penyediaan dan persembahan PenyataKewangan tersebut yang saksama selaras dengan piawaian pelaporan kewangan yangdiluluskan di Malaysia dan Enakmen. Lembaga Pengarah juga bertanggungjawab terhadapkawalan dalaman yang ditetapkan perlu oleh pengurusan bagi membolehkan penyediaanPenyata Kewangan yang bebas daripada salah nyata yang ketara sama ada disebabkan olehfraud atau kesilapan.
Tanggungjawab Juruaudit
Tanggungjawab saya adalah memberi pendapat terhadap Penyata Kewangan tersebutberdasarkan pengauditan yang dijalankan. Pengauditan telah dilaksanakan mengikut AktaAudit 1957 dan piawaian pengauditan yang diluluskan di Malaysia. Piawaian tersebutmenghendaki saya mematuhi keperluan etika serta merancang dan melaksanakanpengauditan untuk memperoleh jaminan yang munasabah sama ada Penyata Kewangantersebut bebas daripada salah nyata yang ketara.
Pengauditan meliputi pelaksanaan prosedur untuk memperoleh bukti audit mengenai amaundan pendedahan dalam Penyata Kewangan. Prosedur yang dipilih bergantung kepadapertimbangan juruaudit, termasuk penilaian risiko salah nyata yang ketara pada PenyataKewangan sama ada disebabkan oleh fraud atau kesilapan. Dalam membuat penilaian risikotersebut, juruaudit mempertimbangkan kawalan dalaman yang bersesuaian dengan entitidalam penyediaan dan persembahan Penyata Kewangan yang memberi gambaran yangbenar dan saksama bagi tujuan merangka prosedur pengauditan yang bersesuaian tetapibukan untuk menyatakan pendapat mengenai keberkesanan kawalan dalaman entiti tersebut.Pengauditan juga termasuk menilai kesesuaian polisi perakaunan yang diguna pakai dankemunasabahan anggaran perakaunan yang dibuat oleh pengurusan serta persembahanPenyata Kewangan secara menyeluruh.
Saya percaya bahawa bukti audit yang saya peroleh adalah mencukupi dan bersesuaianuntuk dijadikan asas bagi pendapat berteguran.
WARTA KERAJAAN NEGERI SABAH 13 Ogos 20151,346
Asas Kepada Pendapat Berteguran
Pemerhatian Audit terhadap Penyata Kewangan adalah seperti berikut:
i) Lembaga Pembangunan Perumahan dan Bandar tidak menyediakan peruntukan hutangragu ke atas hutang Syarikat Winmart Sdn. Bhd. berjumlah RM0.89 juta dan WelwishSdn. Bhd. berjumlah RM0.59 juta yang tidak menunjukkan sebarang perubahan sejaktahun 2006.
ii) Lembaga Pembangunan Perumahan dan Bandar tidak menyediakan peruntukan hutangragu ke atas hutang syarikat subsidiari iaitu Syarikat Supernesa Sdn. Bhd. dan SyarikatSuperpanel (Sabah) Sdn. Bhd. berjumlah RM2.52 juta yang tidak menunjukkansebarang perubahan sejak tahun 2007.
Pendapat Berteguran
Pada Penyata saya, Penyata Kewangan ini memberikan gambaran yang benar dan saksamamengenai kedudukan kewangan Lembaga Pembangunan Perumahan dan Bandar danKumpulan pada 31 Disember 2013 dan prestasi kewangan serta aliran tunainya bagi tahunberakhir pada tarikh tersebut selaras dengan piawaian pelaporan kewangan yang diluluskandi Malaysia kecuali yang dinyatakan di perenggan Asas Kepada Pendapat Berteguran.
Saya telah mempertimbangkan Penyata Kewangan dan Laporan Juruaudit bagi semuasubsidiari yang tidak diaudit oleh saya seperti yang dinyatakan dalam nota kepada PenyataKewangan. Saya berpuas hati bahawa Penyata Kewangan berkenaan yang telah disatukandengan Penyata Kewangan Lembaga Pembangunan Perumahan dan Bandar adalah dalambentuk kandungan yang sesuai dan wajar bagi tujuan penyediaan Penyata Kewangan. Sayajuga telah menerima maklumat dan penjelasan yang memuaskan sebagaimana yangdikehendaki bagi tujuan tersebut. Laporan Juruaudit mengenai Penyata Kewangan syarikatsubsidiari berkenaan tidak mengandungi sebarang pemerhatian yang boleh menjelaskanPenyata Kewangan.
Laporan Mengenai Keperluan Perundangan dan Peraturan Lain
Selaras dengan keperluan Akta Audit 1957, Akta Syarikat 1965, Enakmen LPPB No. 20/1981, Pekeliling Perbendaharaan dan Piawaian Pengauditan di Malaysia, saya turutmelaporkan bahawa pada pendapat saya:
i) Superpanel (Sabah) Sdn. Bhd.
Juruaudit bagi syarikat subsidiari Superpanel (Sabah) Sdn. Bhd. telah melaporkanberdasarkan kepada Nota 3 di Penyata Kewangan pada tahun 2013, syarikat telahmengalami kerugian sejumlah RM189,194. Selain itu, syarikat berkenaan, mempunyailebihan liabiliti atas nilai asetnya berjumlah RM1.02 juta. Kesinambungan operasisyarikat adalah bergantung kepada sokongan kewangan yang diterima berterusandaripada badan induk.
PATIMAH BINTI RAMUJI,b.p. Ketua Audit Negara,
Malaysia.
Kota Kinabalu.
Bertarikh: 28 Ogos 2014.
WARTA KERAJAAN NEGERI SABAH 1,34713 Ogos 2015
LEMBAGA PEMBANGUNAN PERUMAHAN DAN BANDAR(Housing and Town Development Authority)
AND ITS SUBSIDIARIES
STATEMENT BY THE CHAIRMAN AND GENERAL MANAGER
In our opinion, the financial statements set out on pages 1,349 to 1,369 are drawn upso as to give a true and fair view of the state of affairs of the Authority as at 31st December,2013 and of the results of its operations and cash flows for the year ended on that date.
On behalf of the Board,
DATUK RUBIN BALANG
(Chairman)
HAJJAH ROSNANI BINTI ASMAT
(General Manager)
Kota Kinabalu.
Date: 27th May, 2014.
WARTA KERAJAAN NEGERI SABAH 13 Ogos 20151,348
LEMBAGA PEMBANGUNAN PERUMAHAN DAN BANDAR(Housing and Town Development Authority)
AND ITS SUBSIDIARIES
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 1,349 to1,369 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, 2014.
Before me,
DATUK CLAUDIUS ROMAN, J.P.,Pesuruhjaya Sumpah,
Malaysia.
Kota Kinabalu.
WARTA KERAJAAN NEGERI SABAH 1,34913 Ogos 2015
LEMBAGA PEMBANGUNAN PERUMAHAN DAN BANDAR(Housing and Town Development Authority)
BALANCE SHEET AT 31ST DECEMBER, 2013
Note 2013 2012RM RM
PROPERTY, PLANT AND EQUIPMENT 3 12,342,385 12,686,079INVESTMENTS IN SUBSIDIARIES ... 4 6,846,994 7,417,689HOUSING DEBTORS ... ... ... 5 25,775,265 28,065,802
44,964,644 48,169,570
CURRENT ASSETS
Housing debtors ... ... ... 5 8,455,257 10,492,722Inventories of unsold houses ... 6 6,948,526 9,592,299Development properties ... ... 72,976,565 59,464,091Other receivables, deposits and
prepayments ... ... ... ... 7 23,515,818 22,765,600Amount due from subsidiaries ... 8 3,048,879 2,830,828Fixed deposits ... ... ... 9 50,089,368 60,474,543Cash and bank balances ... ... 12,940,202 2,146,103
177,974,615 167,766,186
CURRENT LIABILITIES
Trade payables ... ... ... 10 6,417,986 7,262,988Other payables and accruals ... 67,453,846 56,497,424Provision ... ... ... ... 11 671,516 1,474,872Housing deposits ... ... ... 104,326 104,326State Government loans ... ... 12 12,589,262 13,599,990Federal Government loans ... ... 13 21,308,183 21,110,596Government trust funds ... ... 14 8,886,626 13,777,193
117,431,745 113,827,389
NET CURRENT ASSETS ... ... 60,542,870 53,938,797
105,507,514 102,108,367
WARTA KERAJAAN NEGERI SABAH 13 Ogos 20151,350
LEMBAGA PEMBANGUNAN PERUMAHAN DAN BANDAR(Housing and Town Development Authority)
BALANCE SHEET AT 31ST DECEMBER, 2013 - (cont.)
Note 2013 2012RM RM
FINANCED BY:
ACCUMULATED FUNDS ... ... 80,166,783 75,699,364
LONG TERM AND DEFERRED
LIABILITIES
State Government loans ... ... 12 12,955,013 13,409,400Federal Government loans ... ... 13 12,385,718 12,999,603
25,340,731 26,409,003
105,507,514 102,108,367
The financial statement were approved and authorised for issue by the Board Members on27th May, 2014.
The notes set out on pages 1,355 to 1,369 form an integral part of, and should be read inconjunction with, these financial statements.
WARTA KERAJAAN NEGERI SABAH 1,35113 Ogos 2015
REVENUE ... ... ... ... ... 15 22,321,649 14,247,584
Cost of sales ... ... ... ... - -
GROSS PROFIT ... ... ... ... 22,321,649 14,247,584Other operating income ... ... 8,426,237 10,943,624Administrative expenses ... ... (27,255,369) (19,383,025)
OPERATING PROFIT ... ... ... 16 3,492,517 5,808,183
Interest income ... ... ... ... 2,423,543 2,845,576Interest expense ... ... ... (1,199,480) (1,087,284)
PROFIT BEFORE TAXATION ... ... 4,716,580 7,566,475
Tax expense ... ... ... ... 17 (249,161) (122,800)
NET PROFIT OF THE YEAR ... ... 4,467,419 7,443,675
LEMBAGA PEMBANGUNAN PERUMAHAN DAN BANDAR(Housing and Town Development Authority)
INCOME STATEMENT FOR THE YEAR ENDED 31ST DECEMBER, 2013
Note 2013 2012RM RM
The notes set out on pages 1,355 to 1,369 form an integral part of, and should be read inconjunction with, these financial statements.
WARTA KERAJAAN NEGERI SABAH 13 Ogos 20151,352
LEMBAGA PEMBANGUNAN PERUMAHAN DAN BANDAR(Housing and Town Development Authority)
STATEMENT OF CHANGES IN EQUITY FOR THE YEAR ENDED
31ST DECEMBER, 2013
Accumulated funds
RM
At 1st January 2012 ... ... ... ... ... 68,255,689
Net profit for the year ... ... ... ... 7,443,675
At 31st December 2012 ... ... ... ... ... 75,699,364
Net profit for the year ... ... ... ... ... 4,467,419
At 31st December 2013 ... ... ... ... ... 80,166,783
The notes set out on pages 1,355 to 1,369 form an integral part of, and should be read inconjunction with, these financial statements.
WARTA KERAJAAN NEGERI SABAH 1,35313 Ogos 2015
CASH FLOWS FROM OPERATING ACTIVITIES
Profit before taxation ... ... ... ... ... 4,716,580 7,566,475Adjustments for:
Depreciation ... ... ... ... ... ... 1,102,663 1,289,959Diminution in value of investment ... 570,695 -Dividen discharged ... ... ... ... ... - 600,000Interest expense ... ... ... ... ... 1,199,480 1,087,284Loss in disposal of property, plant and equipment 252,720 193,980Gain on disposal of property, plant and equipment (66,249) (36,097)Interest income ... ... ... ... ... (2,423,543) (2,845,576)Government loan converted to grant ... ... (2,000,000) (4,950,000)
Operating profit before working capital changes 3,352,346 2,906,025(Increase)/Decrease in working capital:
Housing debtors ... ... ... ... ... 4,328,002 2,816,164Inventories of unsold houses ... ... ... 2,643,773 9,989,246Development properties ... ... ... ... (13,204,280) (16,509,382)Trade and other receivables ... ... ... (649,379) (2,725,865)Amount due from subsidiaries ... ... ... (218,051) (6,494,256)Trade and other payables ... ... ... 8,291,471 (7,358,977)
Cash generated from/(used in operations ... ... 4,543,882 (4,388,533)
Interest paid ... ... ... ... ... ... (64,299) (60,998)Income tax paid ... ... ... ... ... (350,000) (331,753)
N E T C A S H G E N E R A T E D F R O M/(U S E D I N)OPERATING ACTIVITIES ... ... ... ... 4,129,583 (4,781,284)
CASH FLOWS FROM INVESTING ACTIVITIES
Interest received ... ... ... ... ... 2,423,543 2,845,576Proceeds from disposal of property, plant and
equipment ... ... ... ... ... ... 290,890 161,100Purchase of property, plant and equipment ... (1,544,525) (182,456)
CASH/GENERATED FROM INVESTING ACTIVITIES 1,169,908 2,824,220
LEMBAGA PEMBANGUNAN PERUMAHAN DAN BANDAR(Housing and Town Development Authority)
CASH FLOW STATEMENT FOR THE YEAR ENDED
31ST DECEMBER, 2013
2013 2012RM RM
WARTA KERAJAAN NEGERI SABAH 13 Ogos 20151,354
CASH FLOWS FROM FINANCING ACTIVITIES
Drawdown of Government trust funds ... (4,890,567) 1,439,938
C A S H G E N E R A T E D F R O M /(U S E D I N )FINANCING ACTIVITIES ... ... ... ... (4,890,567) 1,439,938
NET INCREASE/(DECREASE) IN CASH AND CASH EQUIVALENTS ... ... ... ... ... 408,924 (517,126)
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 ... ... ... 56,620,646 57,137,772
CASH AND CASH EQUIVALENTS AT END OFTHE YEAR ... ... ... ... ... ... 57,029,570 56,620,646
CASH AND CASH EQUIVALENTS COMPRISE:Cash and bank balances ... ... ... ... 12,940,202 2,146,103
Fixed deposits ... ... ... ... ... 50,089,368 60,474,543
Less: Deposits pledged ... ... ... ... (6,000,000) (6,000,000)
44,089,368 54,474,543
57,029,570 56,620,646
LEMBAGA PEMBANGUNAN PERUMAHAN DAN BANDAR(Housing and Town Development Authority)
CASH FLOW STATEMENT FOR THE YEAR ENDED
31ST DECEMBER, 2013 - (cont.)
2013 2012RM RM
The notes set out on pages 1,355 to 1,369 form an integral part of, and should be read inconjunction with, these financial statements.
WARTA KERAJAAN NEGERI SABAH 1,35513 Ogos 2015
LEMBAGA PEMBANGUNAN PERUMAHAN DAN BANDAR(Housing and Town Development Authority)
AND ITS SUBSIDIARIES
NOTES TO THE FINANCIAL STATEMENTS - 31ST DECEMBER, 2013
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 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.
WARTA KERAJAAN NEGERI SABAH 13 Ogos 20151,356
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.
LEMBAGA PEMBANGUNAN PERUMAHAN DAN BANDAR(Housing and Town Development Authority)
AND ITS SUBSIDIARIES
NOTES TO THE FINANCIAL STATEMENTS - 31ST DECEMBER, 2013 - (cont.)
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - (cont.)
WARTA KERAJAAN NEGERI SABAH 1,35713 Ogos 2015
(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) 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.
LEMBAGA PEMBANGUNAN PERUMAHAN DAN BANDAR(Housing and Town Development Authority)
AND ITS SUBSIDIARIES
NOTES TO THE FINANCIAL STATEMENTS - 31ST DECEMBER, 2013 - (cont.)
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - (cont.)
WARTA KERAJAAN NEGERI SABAH 13 Ogos 20151,358
LEMBAGA PEMBANGUNAN PERUMAHAN DAN BANDAR(Housing and Town Development Authority)
AND ITS SUBSIDIARIES
NOTES TO THE FINANCIAL STATEMENTS - 31ST DECEMBER, 2013 - (cont.)
(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.
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - (cont.)
WARTA KERAJAAN NEGERI SABAH 1,35913 Ogos 2015
(o) Receivables
Receivables are carried at anticipated realisable value. Bad debts are duly writtenoff. An estimate is made for doubtful debts based on a review of all outstandingamounts 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.
LEMBAGA PEMBANGUNAN PERUMAHAN DAN BANDAR(Housing and Town Development Authority)
AND ITS SUBSIDIARIES
NOTES TO THE FINANCIAL STATEMENTS - 31ST DECEMBER, 2013 - (cont.)
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - (cont.)
WARTA KERAJAAN NEGERI SABAH 13 Ogos 20151,360
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
013
- (co
nt.)
3. P
RO
PER
TY
, PL
AN
T A
ND
EQ
UIP
ME
NT
Lon
g te
rmle
aseh
old
land
Mot
orve
hicl
esT
otal
Off
ice
furn
itur
e,fi
ttin
gs a
ndeq
uipm
ent,
and
reno
vati
on
Bui
ldin
gs
RM
RM
RM
RM
RM
Cos
tA
t 1st
Jan
uary
, 201
3...
......
4,94
1,57
18,
986,
630
3,27
6,53
44,
656,
325
21,8
61,0
60A
dditi
ons
......
......
...20
0-
1,13
5,66
840
8,65
71,
544,
525
Tra
nsfe
rs...
......
......
(358
,004
)-
--
(358
,004
)D
ispo
sals
......
......
...-
-(1
,303
,400
)(2
38,9
86)
(1,5
42,3
86)
At 3
1st D
ecem
ber,
2013
......
...4,
583,
767
8,98
6,63
03,
108,
802
4,82
5,99
621
,505
,195
Dep
reci
atio
nA
t 1st
Jan
uary
, 201
3...
......
608,
423
2,69
7,88
32,
489,
671
3,37
9,00
49,
174,
981
Cha
rge
for
the
year
......
...91
,675
179,
732
425,
234
406,
022
1,10
2,66
3T
rans
fers
......
......
...(4
9,80
9)-
--
(49,
809)
Dis
posa
ls...
......
......
--
(826
,679
)(2
38,3
46)
(1,0
65,0
25)
At 3
1st D
ecem
ber,
2013
......
...65
0,28
92,
877,
615
2,08
8,22
63,
546,
680
9,16
2,81
0
Net
Boo
k V
alue
At 3
1st D
ecem
ber,
2013
......
...3,
933,
478
6,10
9,01
51,
020,
576
1,27
9,31
612
,342
,385
At 3
1st D
ecem
ber,
2012
......
...4,
333,
148
6,28
8,74
778
6,86
31,
277,
321
12,6
86,0
79
WARTA KERAJAAN NEGERI SABAH 1,36113 Ogos 2015
Dep
reci
atio
n ch
arge
for
the
year
end
ed31
st D
ecem
ber,
2012
......
...98
,836
179,
732
618,
124
393,
267
1,28
9,95
9
(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
012:
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
M18
,100
,000
(20
12: R
M18
,100
,000
).
4.I N
VE
STM
EN
TS
IN S
UB
SID
IAR
IES
2013
2012
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...
......
......
......
...(3
,159
,036
)(2
,588
,341
)
RM
6,84
6,99
4R
M7,
417,
689
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
013
- (co
nt.)
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
otor
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
WARTA KERAJAAN NEGERI SABAH 13 Ogos 20151,362
The
pri
ncip
al a
ctiv
ities
of
the
subs
idia
ries
, the
ir p
lace
s of
inco
rpor
atio
n an
d th
e in
tere
st o
f L
emba
ga P
emba
ngun
an P
erum
ahan
dan
Ban
dar a
re a
s fo
llow
:
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
2013
2012
%%
Kua
la M
engg
atal
Prop
erty
Dev
elop
men
tM
alay
sia
9595
Dev
elop
men
tC
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
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
013
- (co
nt.)
4.I N
VE
STM
EN
TS
IN S
UB
SID
IAR
IES
- (co
nt.)
WARTA KERAJAAN NEGERI SABAH 1,36313 Ogos 2015
5.H
OU
SIN
G D
EB
TO
RS
2013
2012
Non
-Cur
rent
RM
RM
Low
cos
t hou
sing
......
......
......
......
......
......
11,7
68,0
9113
,216
,621
Low
cos
t sho
phou
ses
......
......
......
......
......
...60
6,83
571
5,47
2C
omm
erci
al h
ousi
ng...
......
......
......
......
......
7,99
4,36
68,
387,
723
Com
mer
cial
sho
phou
ses
......
......
......
......
......
867,
640
921,
640
Con
dom
iniu
m f
lats
......
......
......
......
......
...4,
538,
333
4,82
4,34
6
25,7
75,2
6528
,065
,802
Cur
rent
Low
cos
t hou
sing
......
......
......
......
......
......
8,45
5,25
710
,492
,722
RM
34,2
30,5
22R
M38
,558
,524
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
1,92
2,30
0 (2
012:
RM
2,66
2,70
0) a
re c
arri
ed a
t net
rea
lisab
le v
alue
.
7.O
TH
ER
RE
CE
IVA
BL
ES,
DE
POSI
TS
AN
D P
RE
PAY
ME
NT
S
Oth
er re
ceiv
able
s, d
epos
its a
nd p
repa
ymen
ts...
......
......
......
33,8
79,7
8133
,129
,563
Les
s: A
llow
ance
for d
oubt
ful d
ebts
......
......
......
......
...(1
0,36
3,96
3)(1
0,36
3,96
3)
RM
23,5
15,8
18R
M22
,765
,600
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
96,7
98 (
2012
:R
M88
,768
).
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
013
- (co
nt.)
WARTA KERAJAAN NEGERI SABAH 13 Ogos 20151,364
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
013
- (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
repa
yabl
e on
dem
and.
9.F I
XE
D D
EPO
SIT
S20
1320
12R
MR
M
Dep
osits
are
pla
ced
with
Lic
ense
d ba
nks.
.....
......
......
......
50,0
89,3
6860
,474
,543
Incl
uded
in th
e fi
xed
depo
sits
is a
n am
ount
of
RM
6,00
0,00
0 (2
012:
RM
6,00
0,00
0) 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
.
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
M4,
495,
724
(201
2: R
M5,
340,
726)
.
11.
P RO
VIS
ION
Rep
air
and
mai
nten
ance
RM
Bal
ance
at 1
st J
anua
ry, 2
013
......
......
......
......
......
......
...1,
474,
872
Prov
isio
n m
ade
duri
ng th
e ye
ar...
......
......
......
......
......
......
-Pr
ovis
ion
used
dur
ing
the
year
......
......
......
......
......
......
...(2
72,9
89)
Prov
isio
n re
vers
ed d
urin
g th
e ye
ar...
......
......
......
......
......
......
(530
,367
)
Bal
ance
at 3
1st D
ecem
ber,
2013
......
......
......
......
......
......
...R
M67
1,51
6
WARTA KERAJAAN NEGERI SABAH 1,36513 Ogos 2015
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
013
- (co
nt.)
12.
S TA
TE
GO
VE
RN
ME
NT
LO
AN
S
2013
2012
RM
RM
Stat
e G
over
nmen
t loa
ns -
unse
cure
dC
urre
nt...
......
......
......
......
......
...12
,589
,262
13,5
99,9
90N
on-c
urre
nt...
......
......
......
......
......
...12
,955
,013
13,4
09,4
00
RM
25,5
44,2
75R
M27
,009
,390
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
2013
Uns
ecur
ed S
tate
Gov
ernm
ent l
oans
-fix
ed ra
te 4
%...
......
...R
M25
,544
,275
RM
12,5
89,2
62R
M48
6,40
8R
M1,
579,
108
RM
10,8
89,4
97
2012
Uns
ecur
ed S
tate
Gov
ernm
ent l
oans
- fi
xed
rate
4%
......
......
RM
27,0
09,3
90R
M13
,599
,990
RM
454,
387
RM
1,51
8,37
3R
M11
,436
,640
Stat
e G
over
nmen
t ha
s ag
reed
to
conv
ert
the
gove
rnm
ent
loan
to
gran
t am
ount
ing
to R
M23
,071
,421
. An
amou
nt o
f R
M2,
000,
000
(201
2: R
M4,
950,
000)
has
bee
n co
nver
ted
duri
ng th
e fi
nanc
ial y
ear.
WARTA KERAJAAN NEGERI SABAH 13 Ogos 20151,366
13.
FED
ER
AL
GO
VE
RN
ME
NT
LO
AN
S
2013
2012
RM
RM
Fede
ral G
over
nmen
t loa
ns -
unse
cure
dC
urre
nt...
......
......
......
......
......
...21
,308
,183
21,1
10,5
96N
on-c
urre
nt...
......
......
......
......
......
...12
,385
,718
12,9
99,6
03
RM
33,6
93,9
0134
,110
,199
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%
per
ann
um
Und
er1
to 2
2 to
5O
ver
5T
otal
1 ye
arye
ars
year
sye
ars
RM
RM
RM
RM
RM
2013
Uns
ecur
ed F
eder
al G
over
nmen
t Loa
ns...
RM
33,6
93,9
01R
M21
,308
,183
RM
644,
297
RM
2,13
2,42
2R
M9,
608,
999
2012
Uns
ecur
ed F
eder
al G
over
nmen
t Loa
ns...
RM
34,1
10,1
99R
M21
,110
,596
RM
613,
885
RM
2,03
0,84
9R
M10
,354
,869
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
013
- (co
nt.)
WARTA KERAJAAN NEGERI SABAH 1,36713 Ogos 2015
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
013
- (co
nt.)
14.
GO
VE
RN
ME
NT
TR
UST
FU
ND
S20
1320
12R
MR
M
Stat
e G
over
nmen
t Hou
sing
Fun
d...
......
......
......
......
--
Stat
e Fu
nd fo
r New
Tow
nshi
p...
......
......
......
......
212,
115
-St
ate
Gov
ernm
ent S
ubsi
dies
Fun
d...
......
......
......
......
2,10
2,60
12,
102,
601
Stat
e G
over
nmen
t Age
ncy
Fund
s...
......
......
......
......
2,74
3,15
51,
610,
412
Stat
e R
evol
ving
Fun
d (S
PP)
......
......
......
......
......
3,82
8,75
510
,064
,180
RM
8,88
6,62
6R
M13
,777
,193
15.
RE
VE
NU
E
Prof
it fr
om p
riva
tised
pro
ject
s...
......
......
......
......
22,2
03,9
9513
,835
,536
Red
empt
ion
of th
ird
part
y ch
arge
......
......
......
......
...-
(3,7
81,4
40)
Prof
it fr
om s
ales
of c
ompl
eted
pro
pert
ies
......
......
......
......
117,
654
4,19
3,48
8
RM
22,3
21,6
49R
M14
,247
,584
16.
OPE
RA
TIN
G P
RO
FIT
Ope
rati
ng p
rofi
t is
arri
ved
at a
fter
cre
diti
ng:
Gai
n on
dis
posa
l of
prop
erty
, pla
nt a
nd e
quip
men
t...
......
......
...66
,249
36,0
97M
anag
emen
t fee
s...
......
......
......
......
......
859,
716
1,09
1,31
5R
enta
l inc
ome
......
......
......
......
......
......
3,83
6,57
33,
575,
291
Gov
ernm
ent l
oan
conv
erte
d to
gra
nt...
......
......
......
...2,
000,
000
4,95
0,00
0
WARTA KERAJAAN NEGERI SABAH 13 Ogos 20151,368
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
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WARTA KERAJAAN NEGERI SABAH 1,36913 Ogos 2015
LE
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WARTA KERAJAAN NEGERI SABAH 13 Ogos 20151,370
Lampiran A
LEMBAGA PEMBANGUNAN PERUMAHAN DAN BANDAR(Housing and Town Development Authority)
STATEMENT OF INCOME AND EXPENDITURE FOR THE YEAR ENDED31ST DECEMBER, 2013
2013 2012RM RM
INCOME
RevenueProfit from privatised projects ... ... ... ... 22,203,995 13,835,536Redemption of third party charge ... ... ... - (3,781,440)Profit/(Losses) from developed properties ... ... 117,654 4,193,488
22,321,649 14,247,584
Other Operating IncomeGain on disposal of property, plant and equipment 66,249 36,097Management fees ... ... ... ... ... ... 859,716 1,091,315Other income ... ... ... ... ... ... ... 1,663,699 1,290,921Rental income ... ... ... ... ... ... 3,836,573 3,575,291Government loan converted to grant ... ... ... 2,000,000 4,950,000
8,426,237 10,943,624
Interest IncomeInterest charged to housing debtors ... ... ... 886,567 856,642Interest on advances/loans to contractors ... ... - 161,998Interest on fixed deposits and current accounts ... 1,536,976 1,826,936
2,423,543 2,845,576
33,171,429 28,036,784
LESS: EXPENDITURE
Administrative Expenses
Staff Costs
Education... ... ... ... ... ... ...60,379 78,159Employees’ Provident Fund contributions ... ... 611,353 586,744Medical expenses* ... ... ... ... ... ... 673,636 977,167Others ... ... ... ... ... ... ... ... 6,639 4,090Pension ... ... ... ... ... ... ... ... 566,723 470,682Petrol and meal allowance... ... ... ... ... 181,880 494,686Salaries, allowance, overtime and bonus... ...9,573,105 9,734,347SOCSO contributions ... ... ... ... ... 25,495 27,852Welfare and recreation ... ... ... ... ... 32,943 139,219
11,732,153 12,512,946
WARTA KERAJAAN NEGERI SABAH 1,37113 Ogos 2015
Lampiran A
LEMBAGA PEMBANGUNAN PERUMAHAN DAN BANDAR(Housing and Town Development Authority)
STATEMENT OF INCOME AND EXPENDITURE FOR THE YEAR ENDED31ST DECEMBER, 2013 - (cont.)
2013 2012RM RM
Depreciation
Buildings ... ... ... ... ... ... ... 179,732 179,732Long term leasehold land ... ... ... ... ... 91,675 98,836Motor vehicles ... ... ... ... ... ... 425,234 618,124Office furniture, fittings, equipment and renovation ... 406,022 393,267
1,102,663 1,289,959
* Note: Reclassified, amount for year ended 31 December 2012 includes that of Board.
Other Operating Expenses
Advertising and promotion ... ... ... ... 5,436 11,685Auditors’ remuneration ... ... ... ... ... 21,435 -Bank charges ... ... ... ... ... ... ... 3,492 4,327Board members’ remuneration- emoluments ... ... ... ... ... ... 326,610 381,700- study tour ... ... ... ... ... ... ... 96,668 96,224Diminution in value of investment ... ... ... 570,695 -Dividend discharged... ... ... ... ... - 600,000Electricity and water ... ... ... ... ... 54,765 43,755Insurance ... ... ... ... ... ... ... 234,483 301,684Land premium and other charges ... ... ... 6,170,815 99,090Loss on sales of motor vehicle ... ... ... ... 252,720 193,980Other administrative and establishment expenses ... 2,825,124 720,515Printing and stationery ... ... ... ... ... 151,271 161,119Professional and consultancy fee ... ... ... 254,543 447,372Rental and interest discharged ... ... ... ... - 167,841Repair and maintenance- general housing ... ... ... ... ... ... 2,578,181 1,414,152- motor vehicle ... ... ... ... ... ... 128,226 133,666- office, furniture and equipment ... ... ... 325,573 342,034Telephone and postage ... ... ... ... ... 85,970 72,149Travelling and accommodation ... ... ... ... 246,009 292,225Vehicle running expenses ... ... ... ... ... 88,537 96,602
14,420,553 5,580,120
27,255,369 19,383,025
WARTA KERAJAAN NEGERI SABAH 13 Ogos 20151,372
Interest Expense
Interest on State and Federal loans ... ... ... 1,135,181 1,026,286Interest on bank overdraft ... ... ... ... ... 64,299 60,998
1,199,480 1,087,284
Tax Expense ... ... ... ... ... ... ... 249,161 122,800
28,704,010 20,593,109
Net profit for the year... ... ... ... ... ... RM4,467,419 RM7,443,675
Lampiran A
LEMBAGA PEMBANGUNAN PERUMAHAN DAN BANDAR(Housing and Town Development Authority)
STATEMENT OF INCOME AND EXPENDITURE FOR THE YEAR ENDED31ST DECEMBER, 2013 - (cont.)
2013 2012RM RM
WARTA KERAJAAN NEGERI SABAH 1,37313 Ogos 2015
LEMBAGA PEMBANGUNAN PERUMAHAN DAN BANDAR(Housing and Town Development Authority)
AND ITS SUBSIDIARIES
STATEMENT BY THE CHAIRMAN AND GENERAL MANAGER
In our opinion, the financial statements set out on pages 1,375 to 1,410 are drawn upso as to give a true and fair view of the state of affairs of the Authority at 31st December,2013 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)
HAJJAH ROSNANI BINTI ASMAT
(General Manager)
Kota Kinabalu.
Date: 14th July, 2014.
WARTA KERAJAAN NEGERI SABAH 13 Ogos 20151,374
LEMBAGA PEMBANGUNAN PERUMAHAN DAN BANDAR(Housing and Town Development Authority)
AND ITS SUBSIDIARIES
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 1,375 to1,410 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 14th July, 2014.
Before me,
DATUK CLAUDIUS ROMAN, J.P.,Pesuruhjaya Sumpah,
Malaysia.
Kota Kinabalu.
WARTA KERAJAAN NEGERI SABAH 1,37513 Ogos 2015
PROPERTY, PLANTAND EQUIPMENT 3 19,232,987 19,529,977 12,342,385 12,686,079
INVESTMENTS INSUBSIDIARIES ... 4 - - 6,846,994 7,417,689
LAND HELD FOR PROPERTYDEVELOPMENT ... 5 2,202,944 2,202,944 - -
HOUSING DEBTORS 6 25,774,265 28,065,802 25,775,265 28,065,802
47,211,196 49,798,723 44,964,644 48,169,570
CURRENT ASSETS
Housing debtors 6 8,455,257 10,492,722 8,455,257 10,492,722
Inventories ofunsold houses ... 7 6,948,526 9,592,299 6,948,526 9,592,299
Developmentproperties ... 72,976,565 59,464,091 72,976,565 59,464,091
Trade receivables 8 4,649,527 5,624,675 - -
Other receivables,deposits andprepayments ... 9 25,863,668 26,938,279 23,515,818 22,765,600
Amount due fromsubsidiaries ... 10 - - 3,048,879 2,830,828
Amount due from a contract customer ... 11 2,143,415 1,991,977 - -
Amount due from director ... 12 11,476 61,476 - -
Tax recoverable 13,139 13,139 - -
Fixed deposits 13 50,089,368 61,324,543 50,089,368 60,474,543
Cash and bank balances ... 15,372,818 2,475,556 12,940,202 2,146,103
186,523,759 177,978,757 177,974,615 167,766,186
LEMBAGA PEMBANGUNAN PERUMAHAN DAN BANDAR(Housing and Town Development Authority)
AND ITS SUBSIDIARIES
BALANCE SHEET AT 31ST DECEMBER, 2013
Group Authority
Note 2013 2012 2013 2012RM RM RM RM
WARTA KERAJAAN NEGERI SABAH 13 Ogos 20151,376
CURRENT LIABILITIES
Trade payables ... 14 10,107,972 10,343,831 6,417,986 7,262,988
Other payables andaccruals... ... 73,367,338 62,876,289 67,453,846 56,497,424
Amount due tocontract custo-mers ... ... 11 804,339 804,339 - -
Amount due to adirector ... 12 10,000 - - -
Provision... ... 15 671,516 1,474,872 671,516 1,474,872
Housing deposits 104,326 104,326 104,326 104,326
Bank overdrafts ... 16 192,641 701,245 - -
Hire purchase lia-bilities... ... 17 33,929 - - -
State Governmentloans ... ... 18 12,589,262 13,599,990 12,589,262 13,599,990
Federal Governmentloans ... ... 19 21,308,183 21,110,596 21,308,183 21,110,596
Government trustfunds ... ... 20 8,886,626 13,777,193 8,886,626 13,777,193
Taxation... ... 461,189 512,412 - -
128,537,321 125,305,093 117,431,745 113,827,389
NET CURRENT ASSETS 57,986,438 52,673,664 60,542,870 53,938,797
105,197,634 102,472,387 105,507,514 102,108,367
FINANCED BY:
ACCUMULATED FUNDS 79,767,510 76,069,692 80,166,783 75,699,364
LEMBAGA PEMBANGUNAN PERUMAHAN DAN BANDAR(Housing and Town Development Authority)
AND ITS SUBSIDIARIES
BALANCE SHEET AT 31ST DECEMBER, 2013 - (cont.)
Group Authority
Note 2013 2012 2013 2012RM RM RM RM
WARTA KERAJAAN NEGERI SABAH 1,37713 Ogos 2015
MINORITY S HARE-HOLDERS’ INTEREST 21 (36,331) (6,308) - -
L O N G T E R M A N D
DEFERRED LIABI LITIES
Hire PurchaseLiabilities ... 17 125,724 - - -
State Governmentloans ... ... 18 12,955,013 13,409,400 12,955,013 13,409,400
Federal Governmentloans ... ... 19 12,385,718 12,999,603 12,385,718 12,999,603
25,466,455 26,409,003 25,340,731 26,409,003
105,197,634 102,472,387 105,506,514 102,108,367
The financial statement were approved and authorised for issue by the Board Members on27th May, 2014.
The notes set out on pages 1,380 to 1,410 form an integral part of, and should be read inconjunction with, these financial statements.
LEMBAGA PEMBANGUNAN PERUMAHAN DAN BANDAR(Housing and Town Development Authority)
AND ITS SUBSIDIARIES
BALANCE SHEET AT 31ST DECEMBER, 2013 - (cont.)
Group Authority
Note 2013 2012 2013 2012RM RM RM RM
WARTA KERAJAAN NEGERI SABAH 13 Ogos 20151,378
REVENUE ... ... 22 29,407,877 30,977,542 22,321,649 14,247,584Cost of sales ... (6,759,709) (14,841,674) - -
GROSS PROFIT ... 22,648,168 16,135,868 22,321,649 14,247,584
Other opera t ingincome ... ... 8,865,633 11,884,919 8,426,237 10,943,624
Administrativeexpenses... ... (28,801,397) (21,706,685) (27,255,369) (19,383,025)
OPERATING PROFIT 23 2,712,404 6,314,102 3,492,517 5,808,183Interest income ... 2,423,543 2,845,576 2,423,543 2,845,576Interest expense ... (1,218,991) (1,133,065) (1,199,480) (1,087,284)
PROFIT/BEFORETAXATION 3,916,956 8,026,613 4,716,580 7,566,475Tax expense ... 24 (249,161) (124,023) (249,161) (122,800)
PROFIT /AFTERTAXATION ... 3,667,795 7,902,509 4,467,419 7,443,675
Minority interests 30,023 2,261 - -
NET PROFIT/OF THEYEAR ... ... 3,697,818 7,904,851 4,467,419 7,443,675
LEMBAGA PEMBANGUNAN PERUMAHAN DAN BANDAR(Housing and Town Development Authority)
AND ITS SUBSIDIARIES
INCOME STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER, 2013
The notes set out on pages 1,380 to 1,410 form an integral part of, and should be read inconjunction with, these financial statements.
Group Authority
Note 2013 2012 2013 2012RM RM RM RM
WARTA KERAJAAN NEGERI SABAH 1,37913 Ogos 2015
LEMBAGA PEMBANGUNAN PERUMAHAN DAN BANDAR(Housing and Town Development Authority)
AND ITS SUBSIDIARIES
CONSOLIDATED STATEMENT OF CHANGES IN EQUITY FOR THE YEAR ENDED
31ST DECEMBER, 2013
Group Accumulated fundsRM
At 1st January, 2012 ... ... ... ... ... 68,164,841
Net profit for the year ... ... ... ... ... 7,904,851
At 31st December, 2012 ... ... ... ... 76,069,692
Net profit for the year ... ... ... ... ... 3,697,818
At 31st December, 2013... ... ... ... ... 79,767,510
STATEMENT OF CHANGES IN EQUITY FOR THE YEAR ENDED
31ST DECEMBER, 2013
Authority Accumulated funds
RM
At 1st January, 2012 ... ... ... ... ... 68,255,689
Net profit for the year ... ... ... ... ... 7,443,675
At 31st December, 2012... ... ... ... ... 75,699,364
Net profit for the year ... ... ... ... ... 4,467,419
At 31st December, 2013... ... ... ... ... 80,166,783
The notes set out on pages 1,380 to 1,410 form an integral part of, and should be read inconjunction with, these financial statements.
WARTA KERAJAAN NEGERI SABAH 13 Ogos 20151,380
CA S H F L O W S F R O MOPERATING ACTIVITIES
Profit/(Loss) beforetaxation ... . . . 3,916,956 8,026,613 4,716,580 7.566.475
Adjustments for:Bad debts written off - 2,440 - -Diminution in valueof investment ... 570,695 - 570,695 -Dividend discharged - - - 600,000Depreciation ... 1,253,545 1,451,572 1,102,663 1,289,959Interest expense ... 1,218,991 1,133,065 1,199,480 1,087,284
Property, plant andequipment written off 2,944 - - -Loss on disposal of property, plant and equipment... ... 252,720 193,980 252,720 193,980Gain on disposal of property, plant and equipment ... ... (92,709) (36,097) (66,249) (36,097)Government loan converted to grant... (2,000,000) (4,950,000) (2,000,000) (4,950,000)Interest income ... (2,463,739) (2,932,466) (2,423,543) (2,845,576)Waiver of liabilities... - (769,971) - -
Opera t ing p ro f i tbefore working capitalchanges ... ... 2,659,403 2,119,136 3,352,346 2,906,025
(Increase)/Decreasein working capital:Land help for property development ... - 2,411,138 - -Housing debtors ... 4,328,002 2,816,164 4,328,002 2,816,164Inventories of unsold
houses ... ... 2,643,773 9,989,246 2,643,773 9,989,246
LEMBAGA PEMBANGUNAN PERUMAHAN DAN BANDAR(Housing and Town Development Authority)
AND ITS SUBSIDIARIES
CASH FLOW STATEMENTS FOR THE YEAR ENDED
31ST DECEMBER, 2013
Group Authority
2013 2012 2013 2012RM RM RM RM
WARTA KERAJAAN NEGERI SABAH 1,38113 Ogos 2015
Development properties ... ... (13,204,280) (16,509,382) (13,204,280) (16,509,382)Amount due from a contract customers - 237,023 - -Amount due from a subsidiaries... ... - - (218,051) 6,494,256T r a d e a n d o t h e r
receivables ... 2,840,566 9,260,201 (649,379) (2,725,865)A m o u n t d u e t o a
contract customers (151,438) (872,214) - -Trade and other pay-
ables... ... ... 7,234,578 (14,809,425) 8,291,471 (7,358,977)
Cash used in fromoperations ... ... 6,350,604 (5,358,113) 4,543,882 (4,388,533)
Interest paid ... ... (83,810) (106,054) (64,299) (60,998)Income taxes refunded - 15,917 - -Income tax paid ... (401,223) (428,753) (350,000) (331,753)
NET CASH GENERATEDIN O P E R A T I N G
ACTIVITIES ... ... 5,865,571 (5,877,003) 4,129,583 (4,781,284)
C A S H F L O W S F R O MINVESTING ACTIVITIES
Interest received ... 2,463,739 2,916,549 2,423,543 2,845,576Proceeds from disposal
of property, plant andequipment ... ... 326,390 161,100 290,890 161,100
Purchase of property,plant and equipment (1,574,095) (293,898) (1,544,525) (182,456)
NET CASH GENERATEDFROM/USED IN IN-VESTING ACTIVITIES 1,216,034 2,783,751 1,169,908 2,824,220
C ASH F LOWS FROMFINANCING ACTIVITIES
Interest paid ... ... - (725) - -Withdrawal of pledge
fixed deposit ... 650,000 - - -
LEMBAGA PEMBANGUNAN PERUMAHAN DAN BANDAR(Housing and Town Development Authority)
AND ITS SUBSIDIARIES
CASH FLOW STATEMENTS FOR THE YEAR ENDED31ST DECEMBER, 2013 - (cont.)
Group Authority
2013 2012 2013 2012RM RM RM RM
WARTA KERAJAAN NEGERI SABAH 13 Ogos 20151,382
Drawdown of Govern-ment trust funds ... - 1,439,938 - 1,439,938
Repayment of Gover-nment trust funds ... (4,890,567) - (4,890,567) -
Repayment of hirepurchase ... ... (20,347) (24,413) - -
NET CASH GENERATED FROM FINANCINGACTIVITIES ... ... (4,260,914) 1,414,800 (4,890,567) 1,439,938
NET INCREASE/DECREASE IN CASHAND CASHEQUIVALENTS ... 2,820,691 (1,678,452) 408,924 (517,126)
CASH AND CASHEQUIV A L E N T S A TBEGINNING OF THEYEAR ... ... ... 56,248,854 57,927,306 56,620,646 57,137,772
CASH AND CASHEQUIVALENTS AT ENDOF THE YEAR ... ... 59,069,545 56,248,854 57,029,570 56,620,646
C A S H A N D C A S HEQUIVALENTSCOMPRISE:Cash and bank balances 15,372,818 2,475,556 12,940,202 2,146,103
Fixed deposits ... 50,089,368 61,324,543 50,089,368 60,474,543Less: Deposits pledged (6,200,000) (6,850,000) (6,000,000) (6,000,000)
43,889,368 54,474,543 44,089,368 54,474,543
Bank overdrafts ... (192,641) (701,245) - -
59,069,545 56,248,854 57,029,570 56,620,646
LEMBAGA PEMBANGUNAN PERUMAHAN DAN BANDAR(Housing and Town Development Authority)
AND ITS SUBSIDIARIES
CASH FLOW STATEMENTS FOR THE YEAR ENDED
31ST DECEMBER, 2013 - (cont.)
The notes set out on pages 1,380 to 1,410 form an integral part of, and should be read inconjunction with, these financial statements.
Group Authority
2013 2012 2013 2012RM RM RM RM
WARTA KERAJAAN NEGERI SABAH 1,38313 Ogos 2015
LEMBAGA PEMBANGUNAN PERUMAHAN DAN BANDAR(Housing and Town Development Authority)
AND ITS SUBSIDIARIES
NOTES TO THE FINANCIAL STATEMENTS - 31ST DECEMBER, 2013
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 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 the acquisition method of accounting, the results of subsidiaries acquiredor disposed of during the year are included from the date of acquisition or up tothe date of disposal. At the date of acquisition, the fair values of the subsidiaries’net assets are determined and these values are reflected in the Group financialstatements. The difference between acquisition cost and the fair value of the sub-sidiaries’ net assets is reflected 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.
WARTA KERAJAAN NEGERI SABAH 13 Ogos 20151,384
Surpluses arising from revaluation are dealt with in the property revaluation reserve account.Any deficit arising is offset against the revaluation reserve to the extent of a previousincrease for the same property. In all other cases, a decrease in carrying amount ischarged 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 lossis recognised whenever the carrying amount of an asset or the cash-generatingunit to which it belongs exceeds its recoverable amount. Impairment lossesare recognised in the income statement, unless the asset is carried at a revaluedamount, 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 anasset that does not generate largely independent cash inflows, the recoverableamount is determined for the cash-generating unit to which the asset belongs.
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - (cont.)
LEMBAGA PEMBANGUNAN PERUMAHAN DAN BANDAR(Housing and Town Development Authority)
AND ITS SUBSIDIARIES
NOTES TO THE FINANCIAL STATEMENTS - 31ST DECEMBER, 2013 - (cont.)
WARTA KERAJAAN NEGERI SABAH 1,38513 Ogos 2015
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 propertiesInvestment 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.
Profit from property development undertaken by another developer on theGroup’s and Authority’s land is recognised using the percentage ofcompletion method determined on the proportion of value of developmentunits sold against total saleable value and is calculated based on the Group’sand Authority’s entitlement on properties sold by the developer.
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - (cont.)
LEMBAGA PEMBANGUNAN PERUMAHAN DAN BANDAR(Housing and Town Development Authority)
AND ITS SUBSIDIARIES
NOTES TO THE FINANCIAL STATEMENTS - 31ST DECEMBER, 2013 - (cont.)
WARTA KERAJAAN NEGERI SABAH 13 Ogos 20151,386
(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 the percent-age of completion method measured by reference to the percentage of con-tract 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 commis-sion 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.
(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.
LEMBAGA PEMBANGUNAN PERUMAHAN DAN BANDAR(Housing and Town Development Authority)
AND ITS SUBSIDIARIES
NOTES TO THE FINANCIAL STATEMENTS - 31ST DECEMBER, 2013 - (cont.)
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - (cont.)
WARTA KERAJAAN NEGERI SABAH 1,38713 Ogos 2015
(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.
LEMBAGA PEMBANGUNAN PERUMAHAN DAN BANDAR(Housing and Town Development Authority)
AND ITS SUBSIDIARIES
NOTES TO THE FINANCIAL STATEMENTS - 31ST DECEMBER, 2013 - (cont.)
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - (cont.)
WARTA KERAJAAN NEGERI SABAH 13 Ogos 20151,388
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 onwhich no development activities have been carried out or where development activi-ties are not expected to be completed within the Company’s normal operating cycleof 2 to 3 years. Such land is classified as non-current asset and is stated at cost lessaccumulated impairment 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 subsequent 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 lev-ies.
(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 obliga-tions are taken up as liabilities. Hire purchase interest is taken up in the incomestatement on a sum-of-digits basis over the period of the hire purchase agreement.
LEMBAGA PEMBANGUNAN PERUMAHAN DAN BANDAR(Housing and Town Development Authority)
AND ITS SUBSIDIARIES
NOTES TO THE FINANCIAL STATEMENTS - 31ST DECEMBER, 2013 - (cont.)
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - (cont.)
WARTA KERAJAAN NEGERI SABAH 1,38913 Ogos 2015
(s) Amount due to contract customers
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 lessforeseeble losses, the net credit balance on all such contracts is shown under currentliabilities as amount due to contract customers.
(t) Receivables
Receivables are carried at anticipated realisable value. Bad debts are duly writtenoff. An estimate is made for doubtful debts based on a review of all outstandingamounts at the year end.
(u) Payables
Payables are stated at cost which is the fair value of the consideration to be paid inthe future for goods and services rendered.
LEMBAGA PEMBANGUNAN PERUMAHAN DAN BANDAR(Housing and Town Development Authority)
AND ITS SUBSIDIARIES
NOTES TO THE FINANCIAL STATEMENTS - 31ST DECEMBER, 2013 - (cont.)
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - (cont.)
WARTA KERAJAAN NEGERI SABAH 13 Ogos 20151,390
Cos
t/V
alua
tion
At 1
st J
anua
ry, 2
013
......
...20
,384
,780
4,02
9,99
45,
596,
034
30,0
10,8
08A
dditi
ons
......
......
...20
01,
142,
814
611,
081
1,75
4,09
5D
ispo
sal
......
......
...-
(1,3
12,4
40)
(238
,986
)(1
,551
,426
)T
rans
fers
......
......
...(3
58,0
04)
--
(358
,004
)W
ritte
n of
f...
......
......
--
(2,9
44)
(2,9
44)
At 3
1st D
ecem
ber,
2013
......
...20
,026
,976
3,86
0,36
85,
965,
185
29,8
52,5
29
Dep
reci
atio
nA
t 1st
Jan
uary
, 201
3...
......
3,31
4,00
63,
201,
510
3,96
5,31
510
,480
,831
Cha
rge
for
the
year
......
......
272,
049
463,
735
517,
761
1,25
3,54
5D
ispo
sal
......
......
...-
(826
,679
)(2
38,3
46)
(1,0
65,0
25)
Tra
nsfe
r...
......
......
(49,
809)
--
(49,
809)
At 3
1st D
ecem
ber,
2013
......
...3,
536,
246
2,83
8,56
64,
244,
730
10,6
19,5
42
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
)
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
013
- (co
nt.)
3.P R
OPE
RT
Y, P
LA
NT
AN
D E
QU
IPM
EN
T
Mot
or v
ehic
les,
plan
t and
mac
hine
ry
Tot
al
Off
ice
furn
itur
e,fi
ttin
gs a
ndeq
uipm
ent,
and
reno
vati
on
Lan
d an
dbu
ildi
ng
RM
RM
RM
RM
Gro
up
WARTA KERAJAAN NEGERI SABAH 1,39113 Ogos 2015
Net
Boo
k V
alue
At 3
1st D
ecem
ber,
2013
......
...16
,490
,730
1,02
1,80
21,
720,
455
19,2
32,9
87
At 3
1st D
ecem
ber,
2012
......
...17
,070
,774
828,
484
1,63
0,71
919
,529
,977
Dep
reci
atio
n ch
arge
for
the
year
end
ed31
st D
ecem
ber,
2012
......
...27
9,21
069
9,67
947
2,68
31,
451,
572
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
)
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
013
- (co
nt.)
3.P R
OPE
RT
Y, P
LA
NT
AN
D E
QU
IPM
EN
T
Mot
or v
ehic
les,
plan
t and
mac
hine
ry
Tot
al
Off
ice
furn
itur
e,fi
ttin
gs a
ndeq
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ent,
and
reno
vati
on
Lan
d an
dbu
ildi
ng
RM
RM
RM
RM
Gro
up
WARTA KERAJAAN NEGERI SABAH 13 Ogos 20151,392
Cos
t/V
alua
tion
At 1
st J
anua
ry, 2
013
......
...-
11,3
98,1
508,
986,
630
20,3
84,7
80A
dditi
ons
......
......
...-
200
-20
0D
ispo
sals
......
......
...-
--
-T
rans
fer
......
......
...-
(358
,004
)-
(358
,004
)
At 3
1st D
ecem
ber,
2013
......
...-
11,0
40,3
468,
986,
630
20,0
26,9
76
Dep
reci
atio
n
At 1
st J
anua
ry, 2
013
......
...-
616,
123
2,69
7,88
33,
314,
006
Cha
rge
for
the
year
......
......
-92
,317
179,
732
272,
049
Dis
posa
ls...
......
......
--
--
Tra
nsfe
r...
......
......
-(4
9,80
9)-
(49,
809)
At 3
1st D
ecem
ber,
2013
......
...-
658,
631
2,87
7,61
53,
536,
246
Lon
g te
rmle
aseh
old
land
Tot
alB
uild
ings
Lon
g te
rmle
aseh
old
land
RM
RM
RM
RMAt v
alua
tion
<
----
---A
t cos
t---
----
->
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
)
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
013
- (co
nt.)
3.P R
OPE
RT
Y, P
LA
NT
AN
D E
QU
IPM
EN
T -
(con
t.)L
and
and
buil
ding
s
Gro
up
WARTA KERAJAAN NEGERI SABAH 1,39313 Ogos 2015
Net
Boo
k V
alue
At 3
1st D
ecem
ber,
2013
......
...-
10,3
81,7
156,
109,
015
16,4
90,7
30
At 3
1st D
ecem
ber,
2012
......
...-
10,7
82,0
276,
288,
747
17,0
70,7
74
Dep
reci
atio
n ch
arge
for
the
year
end
ed31
st D
ecem
ber,
2012
......
...-
99,4
7817
9,73
227
9,21
0
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
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)
AN
D I
TS
SUB
SID
IAR
IES
NO
TE
S T
O T
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INA
NC
IAL
ST
AT
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EN
TS
- 31S
T D
EC
EM
BE
R, 2
013
- (co
nt.)
3.P R
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RT
Y, P
LA
NT
AN
D E
QU
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T -
(con
t.)L
and
and
buil
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s
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upL
ong
term
leas
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dla
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ldin
gsL
ong
term
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RM
RM
RM
RM
At v
alua
tion
<--
----
-At c
ost-
----
--->
WARTA KERAJAAN NEGERI SABAH 13 Ogos 20151,394
Cos
tA
t 1st
Jan
uary
, 201
3...
......
4,94
1,57
18,
986,
630
3,27
6,53
44,
656,
325
21,8
61,0
60A
dditi
ons
......
......
...20
0-
1,13
5,66
840
8,65
71,
544,
525
Tra
nsfe
rs...
......
......
(358
,004
)-
--
(358
,004
)D
ispo
sals
......
......
...-
-(1
,303
,400
)(2
38,9
86)
(1,5
42,3
86)
At 3
1st D
ecem
ber,
2013
......
...4,
583,
767
8,98
6,63
03,
108,
802
4,82
5,99
621
,505
,195
Dep
reci
atio
nA
t 1st
Jan
uary
, 201
3...
......
608,
423
2,69
7,88
32,
489,
671
3,37
9,00
49,
174,
981
Cha
rge
for
the
year
......
...91
,675
179,
732
425,
234
406,
022
1,10
2,66
3T
rans
fers
......
......
...(4
9,80
9)-
--
(49,
809)
Dis
posa
ls...
......
......
--
(826
,679
)(2
38,3
46)
(1,0
65,0
25)
At 3
1st D
ecem
ber,
2013
......
...65
0,28
92,
877,
615
2,08
8,22
63,
546,
680
9,16
2,81
0
Net
Boo
k V
alue
At 3
1st D
ecem
ber,
2013
......
...3,
933,
478
6,10
9,01
51,
020,
576
1,27
9,31
612
,342
,385
At 3
1st D
ecem
ber,
2012
......
...4,
333,
148
6,28
8,74
778
6,86
31,
277,
321
12,6
86,0
79
Dep
reci
atio
n ch
arge
for
the
year
end
ed31
st D
ecem
ber,
2012
......
...98
,836
179,
732
618,
124
393,
267
1,28
9,95
9
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
)
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
013
- (co
nt.)
3.P R
OPE
RT
Y, P
LA
NT
AN
D E
QU
IPM
EN
T -
(con
t.)
Aut
hori
ty
Mot
or v
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les
Tot
al
Off
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furn
itur
e,fi
ttin
gs a
ndeq
uipm
ent,
and
reno
vati
on B
uild
ings
RM
RM
RM
RM
Lon
g te
rmle
aseh
old
land
RM
WARTA KERAJAAN NEGERI SABAH 1,39513 Ogos 2015
(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
012:
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
Gro
up a
nd A
utho
rity
are
cha
rged
to fi
nanc
ial i
nstit
utio
n as
sec
uriti
es fo
r ban
king
faci
litie
sgr
ante
d to
con
trac
tors
cos
ting
RM
18,1
00,0
00 (
2012
: RM
18,1
00,0
00).
(c)
Mot
or v
ehic
les
of th
e G
roup
with
net
boo
k va
lue
of R
M N
il (2
012:
RM
90,0
50)
is a
cqui
red
unde
r hi
re p
urch
ase
arra
ngem
ent.
4.I N
VE
STM
EN
TS
IN S
UB
SID
IAR
IES
Unq
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d sh
ares
at c
ost
......
......
......
......
......
10,0
06,0
3010
,006
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Les
s: A
llow
ance
for d
imin
utio
n in
val
ue...
......
......
......
...(3
,159
,036
)(2
,588
,341
)
RM
6,84
6,99
4R
M7,
417,
689
LE
MB
AG
A P
EM
BA
NG
UN
AN
PE
RU
MA
HA
N D
AN
BA
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(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
013
- (co
nt.)
3.P R
OPE
RT
Y, P
LA
NT
AN
D E
QU
IPM
EN
T -
(con
t.)
Au
tho
rity
2013
RM
2012
RM
WARTA KERAJAAN NEGERI SABAH 13 Ogos 20151,396
The
pri
ncip
al a
ctiv
ities
of
the
subs
idia
ries
, the
ir p
lace
s of
inc
orpo
ratio
n an
d th
e in
tere
st o
f L
emba
ga P
emba
ngun
an P
erum
ahan
dan
Ban
dar a
re a
s fo
llow
:
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
2013
2012
%%
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 p
rope
rtie
s fo
r ren
tal,
Mal
aysi
a10
010
0pr
ovis
ion
of c
ontr
act w
orks
and
rela
ted
serv
ices
and
insu
ranc
e ag
ency
4.IN
VE
STM
EN
TS
IN S
UB
SID
IAR
IES
- (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)
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
013
- (co
nt.)
WARTA KERAJAAN NEGERI SABAH 1,39713 Ogos 2015
Lea
seho
ld la
nd, a
t cos
t...
......
......
......
......
...1,
528,
824
1,52
8,82
4D
evel
opm
ent e
xpen
ditu
re...
......
......
......
......
...67
4,12
067
4,12
0
2,20
2,94
42,
202,
944
6.H
OU
SIN
G D
EB
TO
RS
Non
-Cur
rent
Low
cos
t hou
sing
......
......
......
......
......
......
11,7
68,0
9113
,216
,621
Low
cos
t sho
phou
ses
......
......
......
......
......
...60
6,83
571
5,47
2C
omm
erci
al h
ousi
ng...
......
......
......
......
......
7,99
4,36
68,
387,
723
Com
mer
cial
sho
phou
ses
......
......
......
......
......
867,
640
921,
640
Con
dom
iniu
m f
lats
......
......
......
......
......
...4,
538,
333
4,82
4,34
6
25,7
75,2
6528
,065
,802
Cur
rent
Low
cos
t hou
sing
......
......
......
......
......
......
8,45
5,25
710
,492
,722
RM
34,2
30,5
22R
M38
,558
,524
7.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
1,92
2,30
0 (2
012:
RM
2,66
2,70
0) a
re c
arri
ed a
t net
rea
lisab
le v
alue
.
5.L
AN
D H
EL
D F
OR
PR
OPE
RT
Y D
EV
EL
OPM
EN
T
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
013
- (co
nt.)
Gro
up a
nd A
utho
rity
2013
RM
2012
RM
2013
RM
2012
RM
Gro
up
WARTA KERAJAAN NEGERI SABAH 13 Ogos 20151,398
8.T
RA
DE R
EC
EIV
AB
LE
SG
roup
2013
2012
RM
RM
Tra
de re
ceiv
able
s...
......
......
......
......
......
6,56
9,18
37,
544,
331
Les
s: A
llow
ance
for d
oubt
ful d
ebts
......
......
......
......
(1,9
19,6
56)
(1,9
19,6
56)
RM
4,64
9,52
7R
M5,
624,
675
Incl
uded
in tr
ade
rece
ivab
les
of th
e G
roup
are
ret
entio
n m
onie
s of
RM
4,23
6,51
0 (2
012:
RM
4,23
6,51
0).
9.O
TH
ER
RE
CE
IVA
BL
ES,
DE
POSI
TS
AN
D P
RE
PAY
ME
NT
S
Oth
er re
ceiv
able
s, d
epos
its a
nd p
repa
ymen
ts...
......
...37
,409
,970
38,4
84,5
8133
,879
,781
33,1
29,5
63
Les
s: A
llow
ance
for d
oubt
ful d
ebts
......
......
...(1
1,54
6,30
2)(1
1,54
6,30
2)(1
0,36
3,96
3)(1
0,36
3,96
3)
25,8
63,6
6826
,938
,279
23,5
15,8
1822
,765
,600
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
96,7
98 (
2012
: RM
88,7
68).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
013
- (co
nt.)
2013
2012
2013
2012
RM
RM
RM
RM
Gro
up
A
utho
rity
WARTA KERAJAAN NEGERI SABAH 1,39913 Ogos 2015
10.
AM
OU
NT D
UE
FR
OM
SU
BSI
DIA
RIE
S
Aut
hori
ty
The
am
ount
due
from
sub
sidi
arie
s is
uns
ecur
ed, i
nter
est f
ree
and
repa
yabl
e on
dem
and.
11.
AM
OU
NT D
UE
FR
OM
/(T
O) C
ON
TR
AC
T C
UST
OM
ER
S
Gro
up
2013
2012
RM
RM
Con
trac
t cos
t inc
urre
d...
......
......
......
......
...87
,493
,644
80,9
81,1
50A
dd: A
ttrib
utab
le p
rofi
ts...
......
......
......
......
...3,
954,
897
3,77
6,28
6
91,4
48,5
4184
,757
,436
Les
s: P
rogr
ess
billi
ngs
......
......
......
......
......
(90,
109,
465)
(83,
569,
798)
1,33
9,07
61,
187,
638
12.
AM
OU
NT D
UE F
RO
M/(
TO
) A D
IRE
CT
OR
Gro
up
The
am
ount
due
from
/(to
) a d
irec
tor i
s un
secu
red,
inte
rest
free
and
repa
yble
on
dem
and.
The
am
ount
ow
ing
to b
e se
ttled
in c
ash.
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
013
- (co
nt.)
WARTA KERAJAAN NEGERI SABAH 13 Ogos 20151,400
13.
FIX
ED
DE
POSI
TS
Dep
osits
are
pla
ced
with
:L
icen
sed
bank
s...
......
......
......
......
50,2
89,3
6861
,324
,543
50,0
89,3
6860
,474
,543
Incl
uded
in th
e fi
xed
depo
sits
are
:
(a)
An
amou
nt o
f RM
200,
000
(201
2: R
M85
0,00
0) o
f the
Gro
up h
eld
unde
r lie
n by
lice
nsed
ban
ks to
sec
ure
the
over
draf
t and
ban
kgu
aran
tee
faci
litie
s gr
ante
d to
the
subs
idia
ries
(see
Not
e 16
).
(b)
An
amou
nt o
f R
M6,
000,
000
(201
2: R
M6,
000,
000)
of
the
Gro
up a
nd o
f th
e A
utho
rity
hel
d on
lien
by
a lic
ense
d ba
nk f
or th
eov
erdr
aft f
acili
ties
to th
e A
utho
rity
.
14.
TR
AD
E P
AY
AB
LE
S
Gro
up a
nd A
utho
rity
Incl
uded
in tr
ade
paya
bles
of t
he G
roup
and
of t
he A
utho
rity
is re
tent
ion
sum
of R
M6,
562,
909
(201
2: R
M7,
407,
911)
and
RM
4,49
5,72
4(2
012:
RM
5,34
0,72
6) r
espe
ctiv
ely.
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
013
- (co
nt.)
2013
2012
2013
2012
RM
RM
RM
RM
Gro
up
A
utho
rity
WARTA KERAJAAN NEGERI SABAH 1,40113 Ogos 2015
15.
PRO
VIS
ION
Gro
up a
nd A
utho
rity
Rep
air
and
mai
nten
ance
2013
2012
RM
RM
Bal
ance
at 1
Jan
uary
......
......
......
......
......
1,47
4,87
22,
781,
347
Prov
isio
n m
ade
duri
ng th
e ye
ar...
......
......
......
......
--
Prov
isio
n us
ed d
urin
g th
e ye
ar...
......
......
......
......
(272
,989
)(4
46,5
05)
Prov
isio
n re
vers
ed d
urin
g th
e ye
ar...
......
......
......
...(5
30,3
67)
(859
,970
)
Bal
ance
at 3
1 D
ecem
ber
......
......
......
......
......
671,
516
1,47
4,87
2
16.
BA
NK
OV
ER
DR
AFT
The
ban
k ov
erdr
aft o
f th
e G
roup
bea
rs in
tere
st r
ate
at N
il %
(20
12:1
%)
abov
e ba
se le
ndin
g ra
te p
er a
nnum
and
is s
ecur
ed b
y w
ay o
ffi
xed
depo
sits
of
RM
Nil
(201
2: R
M85
0,00
0 he
ld o
n lie
n by
a li
cens
ed b
ank
(see
Not
e 13
).
17.
HIR
E P
UR
CH
ASE
LIA
BIL
ITIE
S
Hir
e pu
rcha
se li
abili
ties
of th
e G
roup
is p
ayab
le a
s fo
llow
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
013
- (co
nt.)
WARTA KERAJAAN NEGERI SABAH 13 Ogos 20151,402
Les
s th
an o
ne y
ear
...40
,212
-40
,212
--
-
Bet
wee
n on
e an
d fi
veye
ars
......
...13
7,34
217
,901
119,
441
--
-
RM
177,
554
RM
17,9
01R
M15
9,65
3-
--
The
hir
e pu
rcha
se f
acili
ties
or th
e G
roup
bea
r ef
fect
ive
inte
rest
rat
e at
2.3
4 -
6.16
% (
2012
: 6.
16%
) pe
r an
num
. The
hir
e pu
rcha
se is
guar
ante
ed b
y on
e of
the
dire
ctor
s of
the
Gro
up.
18.
S TA
TE
GO
VE
RN
ME
NT
LO
AN
SG
roup
and
Aut
hori
ty
2013
2012
RM
RM
Stat
e G
over
nmen
t loa
ns -
unse
cure
dC
urre
nt...
......
......
......
......
......
...12
,589
,262
13,5
99,9
90N
on-c
urre
nt...
......
......
......
......
......
...12
,955
,013
13,4
09,4
00
RM
25,5
44,2
75R
M27
,009
,390
17.
HIR
E P
UR
CH
ASE
LIA
BIL
ITIE
S - (
cont
.)
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
013
- (co
nt.)
Gro
up
RM
RM
RM
RM
RM
RM
Pay
men
ts20
12P
rinc
ipal
2012
Inte
rest
2012
Pri
ncip
al20
13In
tere
st20
13P
aym
ents
2013
WARTA KERAJAAN NEGERI SABAH 1,40313 Ogos 2015
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
2013
Uns
ecur
ed S
tate
Gov
ernm
ent l
oans
-fi
xed
rate
4%
......
......
RM
25,5
44,2
75R
M12
,589
,262
RM
486,
408
RM
1,57
9,10
8R
M10
,889
,497
2012
Uns
ecur
ed S
tate
Gov
ernm
ent l
oans
-fi
xed
rate
4%
......
......
RM
27,0
09,3
90R
M13
,599
,990
RM
454,
387
RM
1,51
8,37
3R
M11
,436
,640
Stat
e G
over
nmen
t has
agr
eed
to c
onve
rt th
e G
over
nmen
t loa
n to
gra
nt a
mou
ntin
g to
RM
23,0
71,4
21. A
n am
ount
of
RM
2,00
0,00
0(2
011:
RM
4,95
0,00
0) h
as b
een
conv
erte
d du
ring
the
fina
ncia
l yea
r.
19.
F ED
ER
AL
GO
VE
RN
ME
NT
LO
AN
SG
roup
and
Aut
hori
ty
2013
2012
RM
RM
Fede
ral G
over
nmen
t loa
ns -
uns
ecur
edC
urre
nt...
......
......
......
......
......
...21
,308
,183
21,1
10,5
96N
on-c
urre
nt...
......
......
......
......
......
...12
,385
,718
12,9
99,6
03
RM
33,6
93,9
01R
M34
,110
,199
Gro
up a
nd A
utho
rity
18.
STA
TE
GO
VE
RN
ME
NT
LO
AN
S - (
cont
.)
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
013
- (co
nt.)
WARTA KERAJAAN NEGERI SABAH 13 Ogos 20151,404
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%
per
ann
um
Und
er1
to 2
2 to
5O
ver
5
Gro
up a
nd A
utho
rity
Tot
al1
year
year
sye
ars
year
sR
MR
MR
MR
MR
M20
13
Uns
ecur
ed F
eder
al G
over
nmen
t Loa
ns...
RM
33,6
93,9
01R
M21
,308
,183
RM
644,
297
RM
2,13
2,42
2R
M9,
608,
999
2012
Uns
ecur
ed F
eder
al G
over
nmen
t Loa
ns...
RM
34,1
10,1
99R
M21
,110
,596
RM
613,
885
RM
2,03
0,84
9R
M10
,354
,869
20.
GO
VE
RN
ME
NT
TR
UST
FU
ND
SG
roup
and
Aut
hori
ty
2013
2012
RM
RM
Stat
e G
over
nmen
t Hou
sing
Fun
d...
......
......
......
......
--
Stat
e Fu
nd fo
r New
Tow
nshi
p...
......
......
......
......
212,
115
-St
ate
Gov
ernm
ent S
ubsi
dies
Fun
d...
......
......
......
......
2,10
2,60
12,
102,
601
Stat
e G
over
nmen
t Age
ncy
Fund
s...
......
......
......
......
2,74
3,15
51,
610,
412
Rev
olvi
ng F
und
(SPP
)...
......
......
......
......
......
3,82
8,75
510
,064
,180
RM
8,88
6,62
6R
M13
,777
,193
19.
FED
ER
AL
GO
VE
RN
ME
NT
LO
AN
S - (
cont
.)
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
013
- (co
nt.)
WARTA KERAJAAN NEGERI SABAH 1,40513 Ogos 2015
21.
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.
22.
RE
VE
NU
E
Prof
it fr
om p
riva
tised
pro
ject
s...
......
...22
,203
,995
13,8
35,5
3622
,203
,995
13,8
35,5
36
Red
empt
ion
of th
ird
part
y ch
arge
......
...-
(3,7
81,4
40)
-(3
,781
,440
)
Prof
it fr
om s
ales
of c
ompl
eted
pro
pert
ies
......
117,
654
4,19
3,48
811
7,65
44,
193,
488
Sale
s of
pro
pert
ies
and
deve
lopm
ent l
and
......
6,94
7,46
516
,003
,127
--
Insu
ranc
e co
mm
issi
on in
com
e...
......
...39
,335
--
-
Con
trac
t inc
ome
......
......
......
-50
1,90
4-
-
Oth
er C
omm
issi
on...
......
......
...68
829
,967
--
Proj
ect M
anag
emen
t fee
......
......
98,7
4019
4,96
0-
-
29,4
07,8
7730
,977
,542
22,3
21,6
4914
,247
,584
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
013
- (co
nt.)
Gro
upA
utho
rity
2012
RM
2013
RM
2012
RM
2013
RM
WARTA KERAJAAN NEGERI SABAH 13 Ogos 20151,406
23.
OP
ER
AT
ING
PR
OF
IT
O
pera
ting
pro
fit i
s ar
rive
d at
aft
er c
redi
ting
:
Gai
n on
dis
posa
l of
prop
erty
, pla
nt a
nd e
quip
men
t...
92,7
0936
,097
66,2
4936
,097
Gov
ernm
ent l
oan
conv
erte
d to
gra
nt...
......
2,00
0,00
04,
950,
000
2,00
0,00
04,
950,
000
Inte
rest
inco
me
......
......
......
...2,
439,
522
2,93
2,46
62,
423,
543
2,84
5,57
6M
anag
emen
t fee
s...
......
......
...1,
091,
315
1,09
1,31
585
9,71
61,
091,
315
Ren
tal i
ncom
e...
......
......
......
3,62
6,89
13,
575,
291
3,83
6,57
33,
575,
291
Wai
ver o
f lia
bilit
ies
......
......
......
-76
9,97
1-
-
and
afte
r ch
argi
ng:
Bad
deb
ts w
ritte
n of
f...
......
......
...-
2,44
0-
-A
udito
rs’
rem
uner
atio
n-
curr
ent y
ear
......
......
......
...37
,435
18,0
0021
,435
--
over
prov
isio
n in
pri
or y
ear
......
......
(2,0
00)
--
-B
oard
mem
bers
’ re
mun
erat
ion
-em
olum
ents
......
......
......
...32
6,61
038
1,70
032
6,61
038
1,70
0-
stud
y to
ur...
......
......
......
96,6
6896
,224
96,6
6896
,224
Dep
reci
atio
n...
......
......
......
1,25
3,54
51,
451,
572
1,10
2,66
31,
289,
959
Dim
inut
ion
in v
alue
of i
nves
tmen
t...
......
...57
0,69
5-
570,
695
-
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
013
- (co
nt.)
Gro
upA
utho
rity
2012
RM
2013
RM
2012
RM
2013
RM
WARTA KERAJAAN NEGERI SABAH 1,40713 Ogos 2015
Div
iden
d di
scha
rge
......
......
......
-60
0,00
0-
600,
000
Los
s on
sal
e of
mot
or v
ehic
le...
......
...25
2,72
019
3,98
025
2,72
019
3,98
0D
irec
tors
’rem
uner
atio
n-
fees
......
......
......
......
122,
580
173,
000
--
-E
mpl
oyee
s’ P
rovi
dent
Fun
d...
......
...2,
925
3,90
0-
--
othe
r em
olum
ents
......
......
......
258,
962
198,
712
--
Inte
rest
exp
ense
......
......
......
...1,
133,
065
1,13
3,06
51,
199,
480
1,08
7,28
4R
enta
l exp
ense
......
......
......
...14
6,40
016
0,62
7-
-
24.
TA
X E
XPE
NSE
Cur
rent
Tax
atio
n-
Cur
rent
yea
r...
......
......
......
249,
161
81,0
3924
9,16
179
,816
-U
nder
pro
visi
on in
pre
viou
s ye
ar...
......
-42
,984
-42
,984
249,
161
124,
023
249,
161
122,
800
23.
OP
ER
AT
ING
PR
OF
IT -
(con
t.)
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
013
- (co
nt.)
Gro
upA
utho
rity
2012
RM
2013
RM
2012
RM
2013
RM
Gro
upA
utho
rity
2012
RM
2013
RM
2012
RM
2013
RM
WARTA KERAJAAN NEGERI SABAH 13 Ogos 20151,408
24.
TA
X E
XPE
NSE
- (c
ont.)
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
013
- (co
nt.)
Rec
onci
liat
ion
of e
ffec
tive
tax
rate
:
Prof
it be
fore
taxa
tion
......
......
......
3,91
6,95
68,
026,
613
4,71
6,58
07,
566,
475
Inco
me
tax
usin
g M
alay
sia
rate
......
......
875,
180
1,98
1,51
41,
179,
145
1,89
1,61
9T
ax e
xem
pt in
com
e...
......
......
...(1
,459
,316
)(1
,909
,568
)(1
,452
,234
)(1
,944
,090
)N
on-d
educ
tible
exp
ense
s...
......
......
654,
070
28,5
1860
7,28
718
5,34
2D
efer
red
tax
asse
ts n
ot re
cogn
ised
......
......
120,
229
17,6
55-
-E
ffec
t of
defe
rred
tax
bene
fit n
ot r
ecog
nise
d...
...14
4,03
515
,975
--
Eff
ect o
f tax
loss
es n
ow u
tilis
ed...
......
...-
--
-U
nabs
orbe
d ca
pita
l allo
wan
ce n
ow u
tilis
ed...
...(8
5,03
7)(5
3,05
5)(8
5,03
7)(5
3,05
5)U
nder
pro
visi
on in
pre
viou
s ye
ar...
......
...-
42,9
84-
42,9
84
Tax
exp
ense
......
......
......
...24
9,16
112
4,02
324
9,16
112
2,80
0
No
defe
rred
tax
asse
ts h
as b
een
reco
gnis
ed fo
r the
follo
win
g ite
ms:
Gro
up a
nd A
utho
rity
2013
2012
RM
RM
Una
bsor
bed
capi
tal a
llow
ance
s...
......
......
......
......
441,
507
394,
900
Unu
tilis
ed ta
x lo
sses
......
......
......
......
......
...5,
660,
209
4,97
3,50
0
6,10
1,71
65,
368,
400
Gro
upA
utho
rity
2012
RM
2013
RM
2012
RM
2013
RM
WARTA KERAJAAN NEGERI SABAH 1,40913 Ogos 2015
The
ded
uctib
le te
mpo
rary
dif
fere
nces
, una
bsor
bed
capi
tal a
llow
ance
s and
unu
tilis
ed ta
x lo
sses
do
not e
xpir
e un
der c
urre
nt ta
x le
gisl
atio
n.D
efer
red
tax
asse
ts h
ave
not
been
rec
ogni
sed
in r
espe
ct o
f th
ese
item
s be
caus
e it
is n
ot p
roba
ble
that
fut
ure
taxa
ble
prof
it w
ill b
eav
aila
ble
agai
nst w
hich
the
Gro
up c
an u
tilis
e th
e be
nefi
ts
25.
EM
PLO
YE
ES
INFO
RM
AT
ION
Staf
f Cos
ts...
......
......
......
12,6
41,4
5413
,540
,510
11,7
32,1
5312
,512
,946
Incl
uded
in s
taff
cos
ts o
f th
e G
roup
and
of
the
Aut
hori
ty is
Em
ploy
ees
Prov
iden
t Fun
d an
d ot
her
retir
emen
t ben
efits
of
RM
1,25
6,86
4(2
012:
RM
1,15
1,46
4) a
nd R
M1,
178,
076
(201
2: R
M1,
057,
426)
.
The
num
ber o
f em
ploy
ees
of th
e G
roup
and
of t
he A
utho
rity
(exc
ludi
ng d
irec
tors
) at t
he e
nd o
f the
yea
r was
197
(201
2: 2
12) a
nd 1
76(2
012:
186
) re
spec
tivel
y.
26.
LIT
IGA
TIO
NS
(a)
In y
ear 2
008,
a la
nd o
wne
r has
file
d an
app
licat
ion
to th
e H
igh
Cou
rt fo
r an
inju
nctio
n ag
ains
t the
Gro
up fo
r spi
llage
or d
epos
it of
eart
h-fi
ll m
ater
ials
ont
o he
r lan
d. A
ccor
ding
to th
e C
onse
nt O
rder
dat
ed 2
1 A
pril,
201
1, th
e pl
aint
iff i
s ent
itled
with
a c
ompe
nsat
ion
of d
amag
e on
cro
ps a
nd r
einf
orce
d co
ncre
te d
rain
age
outf
all w
hich
am
ount
ing
RM
253,
700
with
in s
ix m
onth
s fr
om th
e da
te o
fO
rder
. The
Gro
up s
hall
also
pay
the
Plai
ntif
fs in
tere
st o
n th
e ab
ove
said
am
ount
at 8
% p
er a
nnum
from
the
date
of t
he O
rder
.
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
013
- (co
nt.)
24.
TA
X E
XPE
NSE
- (c
ont.)
Gro
upA
utho
rity
2012
RM
2013
RM
2012
RM
2013
RM
WARTA KERAJAAN NEGERI SABAH 13 Ogos 20151,410
On
28 M
ay 2
011,
the
Plai
ntif
fs th
roug
ht th
eir s
olic
itor c
laim
the
Gro
up c
ost i
ncur
red
in th
e N
otic
e of
Tax
atio
n w
hich
am
ount
ing
toR
M52
,295
.50.
On
3 Ju
ne 2
011,
the
Gro
up h
ad a
ccep
ted
tota
l co
mpe
nsat
ion
of R
M30
5,99
5.50
tog
ethe
r w
ith i
nter
est
char
ged
RM
6,06
2.70
as t
he fi
nal c
ompe
nsat
ion
of d
amag
ed c
ause
d on
pla
intif
f. C
ompe
nsat
ion
of d
amag
ed h
ad fu
lly p
aid
to p
lain
tiff d
urin
g20
11 e
xcep
t a b
alan
ce o
f RM
6,06
2.70
. The
Gro
up h
as y
et to
acc
ount
for t
he a
mou
nt in
its
fina
ncia
l sta
tem
ents
as
at th
e fi
nanc
ial
year
end
.
(b)
In y
ear 2
009,
a d
evel
oper
com
men
ced
lega
l act
ion
agai
nst t
he G
roup
for b
reac
h of
con
trac
t in
rega
rds
to th
e sa
les
and
purc
hase
of
6 pa
rcel
s of
land
. The
Gro
up h
as fi
led
its d
efen
se w
ith th
e H
igh
Cou
rt. T
he d
ate
for t
he h
eari
ng h
as b
een
fixe
d by
the
Hig
h C
ourt
on 2
5 an
d 26
Apr
il 20
11. T
he d
evel
oper
is c
laim
ing
dam
ages
for R
M5,
185,
000.
Bas
ed o
n th
e ju
dgem
ent d
ated
19
Aug
ust 2
011,
the
clai
m c
an o
nly
be e
ffec
tive
upon
the
deliv
ery
of c
erta
in la
nd ti
tles
by th
e sa
me
deve
lope
r to
the
Gro
up. T
he G
roup
did
not
acc
ount
for a
ny s
uch
amou
nt in
its
fina
ncia
l sta
tem
ents
.
(c)
On
16 A
ugus
t 201
0, tw
o jo
int-
vent
ure
sub-
cont
ract
ors
file
d a
clai
m in
reg
ards
to th
e m
onie
s fo
r w
ork
done
, var
iatio
n ex
pens
esin
curr
ed a
nd d
amag
es f
or te
rmin
atio
n of
con
trac
t for
RM
13,1
77,2
07.0
6. T
he K
uala
Lum
pur
Reg
iona
l Cen
tre
for
Arb
itrat
ion
was
held
on
2 M
arch
201
2. O
n 15
May
201
3, fi
nal a
war
d w
as g
iven
by
the
Arb
itrat
or w
here
in th
e G
roup
is o
rder
ed to
pay
the
two
join
t-ve
ntur
e su
b-co
ntra
ctor
s th
e su
m o
f RM
4,25
3,90
8.30
and
cos
ts to
arb
itrat
or in
the
sum
of R
M74
,400
.00
with
in 2
8 da
ys o
f the
fina
law
ard,
the
Gro
up d
id n
ot a
ccou
nt f
or a
ny s
uch
amou
nt in
its
fina
ncia
l sta
tem
ents
in v
iew
of
the
Gro
up h
as o
btai
ned
a le
tter
ofun
dert
akin
g on
3 A
pril
2014
fro
m a
thir
d pa
rty
to a
ssum
e th
e lia
bilit
y of
the
Gro
up, s
ubje
ct to
the
exec
utio
n of
a J
oint
Ven
ture
Agr
eem
ent w
ith P
rism
a M
ajub
umi S
dn. B
hd. a
s th
e de
velo
per t
o de
velo
p th
e de
sign
ated
land
ow
ned
by th
e G
roup
.
27.
CO
NT
ING
EN
T L
IAB
ILIT
IES
(a)
The
Gro
up a
nd th
e A
utho
rity
has
exe
cute
d a
thir
d pa
ry c
harg
e ov
er it
s dev
elop
men
ts p
rope
rtie
s in
favo
ur o
f the
fina
ncia
l ins
titut
ions
for
bank
ing
faci
litie
s gr
ante
d to
dev
elop
ers
and
cont
ract
ors
amou
ntin
g to
RM
145,
443,
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WARTA KERAJAAN NEGERI SABAH 1,41113 Ogos 2015
REPEATED NOTIFICATIONS
No. 231 [No. JKM. PHB. 600-2/3/186 (10)
ORDINAN PENGAMBILAN TANAH
Bab 69
PERISYTIHARAN DI BAWAH SEKSYEN 3
Pada menjalankan kuasa yang diberikan kepadanya oleh subseksyen 3(1)
Bab 69Ordinan Pengambilan Tanah, Yang di-Pertua Negeri dengan ini mengisytiharkanbahawa pada pendapatnya tanah yang dinyatakan dalam Jadual bersama dengan
ini hendaklah diambil bagi maksud awam, iaitu bagi Projek Bekalan Air Keningau.
Pelan No. 913300003 yang menunjukkan kawasan yang hendak diambil boleh diperiksadi pejabat Pengarah Tanah dan Ukur, Kota Kinabalu, atau di pejabat Penolong PemungutHasil Tanah, Keningau, pada waktu biasa pejabat.
JADUAL
Luas Luas KawasanBil. Pemilik No. Hakmilik Kawasan Tempat Yang Hendak
Hakmilik Diambil(Hektar) (Hektar)
1. Robert Ungkau NT. 133111592 2.447 Kg. Ulu Bariawa, 2.447Keningau
Bertarikh di Kota Kinabalu, pada 21 Julai 2015.
Dengan Perintah Tuan Yang Terutama,
DATUK SERI PANGLIMA MUSA HAJI AMAN,Ketua Menteri Sabah.
[No. JKM. PHB. 600-2/3/186 (10)
LAND ACQUISITION ORDINANCE
Cap. 69
DECLARATION UNDER SECTION 3
In exercise of the powers conferred upon him by subsection 3(1) of the Land
Cap. 69Acquisition Ordinance, the Yang di-Pertua Negeri hereby declares that heconsiders that the land set out in the Schedule hereto should be acquired for a
public purpose, that is to say for the Keningau Water Supply Project.
WARTA KERAJAAN NEGERI SABAH
Plan No. 913300003 showing the area to be acquired may be inspected at the office ofthe Director of Lands and Surveys, Kota Kinabalu, or the office of the AssistantCollector of Land Revenue, Keningau, during normal office hours.
SCHEDULE
Area Area to beNo. Owner(s) Title No. on Title Locality Acquired
in Hectare(s) in Hectare(s)
1. Robert Ungkau NT. 133111592 2.447 Kg. Ulu Bariawa, 2.447Keningau
Dated at Kota Kinabalu, this 21st day of July, 2015.
By His Excellency’s Command,
DATUK SERI PANGLIMA MUSA HAJI AMAN,Chief Minister of Sabah.
No. 232 [No. JKM. PHB. 600-2/5/46/(35)
ORDINAN PENGAMBILAN TANAH
Bab 69
PEMBERITAHUAN DI BAWAH SEKSYEN 4
Bahawasanya Yang di-Pertua Negeri berpendapat bahawa mana-mana tanah yangditunjukkan atas Pelan No. 917400001 mungkin akan dikehendaki bagi suatu maksud awam,iaitu untuk Pembinaan Talian Penghantaran SESB dari PMU Kimanis ke Cadangan PMU
Bab 69Sipitang dalam Daerah Beaufort; oleh yang demikian, pada menjalankan kuasayang diberikan kepadanya oleh seksyen 4 Ordinan Pengambilan Tanah, Yang di-
Pertua Negeri dengan ini mengumumkan bahawa semua tanah yang dinyatakan di dalamJadual bersama ini mungkin dikehendaki bagi maksud yang pada pendapat Yang di-PertuaNegeri adalah suatu maksud awam.
Pelan yang disebut di atas boleh diperiksa di pejabat Pengarah Tanah dan Ukur, KotaKinabalu, atau di pejabat Penolong Pemungut Hasil Tanah, Beaufort, pada waktu biasapejabat.
JADUALAnggaran
Luas Luas KawasanBil. Pemilik No. Hakmilik Kawasan Tempat Yang Hendak
Hakmilik Diambil(Hektar) (Hektar)
1. Ganyar b. Angkatan NT. 173142393 2.998 Kg. Tamalang, 9623 sq. m @ Ganyar Membakut
13 Ogos 20151,412
LAND ACQUISITION ORDINANCE - (cont.)
REPEATED NOTIFICATIONS - (cont.)
WARTA KERAJAAN NEGERI SABAH
2. Rukiah binti Yakub NT. 173123307 1.392 Kg. Ponopok, 618.3 sq. m @ Rosnah binti Yakup Beaufort
3. Oyang bt. Basusi } NT. 173140460 5.204 Kg. Tamalang, 1.011Margaret Majinon Membakut
4. Genevie binti Junim } NT. 173126933 6.677 ,, 1.574Nalis binti Antius
5. Ohong bt. Sikai NT. 173126951 2.598 ,, 5611.8 sq. m
6. Muadi b. SamanAbd. Rahman b. } NT. 173098265 4.738 ,, 1.117 DamangMatasan b. Yusof
7. Foo Ah KuiFoo Ming HaiFoo Ming Chuan } NT. 173098774 3.326 ,, 5058.7 sq. m @ Morgan FooDamian Wilson Majaun
8. Margaret George Hindol NT. 173098238 4.103 ,, 1.181
9. Abd. Mukti b. Syaubari NT. 173098229 5.515 ,, 1.294
10. Boksing bin Lailin NT. 173098210 5.625 ,, 1.230
11. Soh Kian Soon CL. 175288945 14.329 Membakut 4862.3 sq. m
12. Rupiah bte Bachee Khan } CL. 175081099 1214.057 ,, 15.734Abdul Razak bin Harris
13. Fokasrama Sdn. Bhd. CL. 175046107 271.139 ,, 2.327
14. Wong Yun OnnWong Yun Siong } CL. 175178953 5.358 Beaufort 5405.1 sq. mWong Nyuk FooWong Nyuk Hiong
15. Wong Ho Fatt } CL. 175178962 6.673 ,, 1.875Wong Tu Kong
16. Subing b. Tulong NT. 173077284 4.006 ,, 1419.3 sq. m
17. Liew Yun Fah PL. 176197890 18.696 ,, 2.145
1,41313 Ogos 2015
JADUAL - (samb.)Anggaran
Luas Luas KawasanBil. Pemilik No. Hakmilik Kawasan Tempat Yang Hendak
Hakmilik Diambil(Hektar) (Hektar)
WARTA KERAJAAN NEGERI SABAH
18. Jijah bte AwatRusimah bte AjakJapar b. AjakKaling b. AjakAhim b. Ajak } NT. 173082794 2.290 Kg. Mawao, 7604.6 sq. mJamal b. Ajak BeaufortJalani b. AjakJainal b. AjakMaimonah binti BongsuBadhra bin Bidin
19. Chong Sui Kiu } PL. 176149581 2.137 ,, 1691.7 sq. mChong Sui Yin
20. Louzi JohnsonLouzah bt. JohnsonLouzin Johnson } PL. 176149590 4.755 ,, 1.111Loselin JohnsonLovey @ Jayne bt. Johnson
21. Wong Nyuk Pin PL. 176151009 1.707 ,, 1331.2 sq. m
22. Ashma bte Bakar FR. 174036938 1.400 ,, 5841.7 sq. m
23. Victor Chong Shui Cheok } CL. 175051537 14.164 Beaufort 6275 sq. mChong Fen Yee
24. Zaman Hartawan CL. 175346666 2057 Woodford Estate, 19.315 Sdn. Bhd. Beaufort
25. Perbadanan CL. 175323207 32.28 Batu 54, 9389.7 sq. m Pembangunan Beaufort Ekonomi Sabah
26. Majlis Ugama Islam CL. 175336099 33.766 Kg. Manonok, 4.620 Sabah Beaufort
27. Hunter’s Valley Estate PL. 176137358 1067.721 ,, 6.810 Sdn. Bhd.
28. Denis b. James @ NT. 173061375 1.943 ,, 16.2 sq. m Denis Lim
13 Ogos 20151,414
JADUAL - (samb.)Anggaran
Luas Luas KawasanBil. Pemilik No. Hakmilik Kawasan Tempat Yang Hendak
Hakmilik Diambil(Hektar) (Hektar)
ORDINAN PENGAMBILAN TANAH - (samb.)
REPEATED NOTIFICATIONS - (cont.)
WARTA KERAJAAN NEGERI SABAH
29. Denis b. James @ NT. 173053695 1.311 Kg. Manonok, 5853.1 sq. m Denis Lim Beaufort
30. Nancy bt. James @ Nancy Lim } CL. 175089853 1.808 ,, 3726.3 sq. mJane bt. James @ Jane Lim
31. Noel Lim @ Noel NT. 173053686 2.934 ,, 6489.5 sq. m b. James
32. Noel Lim @ Noel NT. 173055528 1.910 ,, 2513.3 sq. m b. James
33. Noel Lim @ Noel b. JamesNancy bt. James @ Nancy LimJane bt. James @ Jane Lim } NT. 173061348 4.033 ,, 6014.3 sq. mSylvia Lim @ Sylvia bt. JamesDenis Lim @ Denis b. JamesIrine Lim
34. Sarina bt. Abu Bakar NT. 173055091 1.166 ,, 2659.8 sq. m
35. Mohd. Yunus b. Jobar KhanRariah bt. Julian } CL. 175016314 96.30 Kg. Bukau, 2.305Mohamad Salleh b. Beaufort Jubar Khan
36. Borneo Samudera CL. 175048389 599.13 Beaufort 23.654 Sdn. Bhd.
37. Segala Kota Sdn. Bhd. CL. 175335001 555.398 Mentenior, 3.226Beaufort
38. Segala Kota Sdn. Bhd. CL. 175333409 391.9 Beaufort 5621.2 sq. mSouth
39. Sabah Forest Industries PL. 176291535 26137 Kg. Karangan, 49.239 Sdn. Bhd. Beaufort
40. Sidulis b. Gantahong NT. 173104606 3.269 ,, 4180.5 sq. m
1,41513 Ogos 2015
JADUAL - (samb.)Anggaran
Luas Luas KawasanBil. Pemilik No. Hakmilik Kawasan Tempat Yang Hendak
Hakmilik Diambil(Hektar) (Hektar)
WARTA KERAJAAN NEGERI SABAH
41. Tropical Timber & CL. 175332082 29.73 Kg. Karangan, 552.3 sq. m Trading (Sabah) Beaufort Sdn. Bhd.
42. Sawilan bin Rati NT. 173101730 3.124 ,, 263.2 sq. m
43. Rusnah bt. Salleh NT. 173104464 2.306 ,, 3799.6 sq. m
44. Arbaiyah binti Ag. NT. 173104526 1.545 ,, 5611.1 sq. m Arsad
45. Goh Chit Hock NT. 173104473 1.849 ,, 35.7 sq. m @ Hurbert Goh
46. Christina Liew Mei Fah NT. 173104428 2.476 ,, 5636.3 sq. m
47. Amjah Judin NT. 173104437 3.391 ,, 5845 sq. m
48. Musman Plantation NT. 175316837 607.43 Kg. Ulu Bukau, 7.124 Sdn. Bhd. Beaufort
49. Imbas Utama Sdn. Bhd. PL. 176290985 5.665 Kg. Karangan, 541.3 sq. mBeaufort
50. Chong Fei Cheng PL. 176291017 6.070 ,, 6852.6 sq. m
51. Wong Chun Hiong PL. 176291026 6.070 ,, 6156.1 sq. m
52. Yong Kee Siew CL. 175347190 4.045 Kg. Inuman, 2712.8 sq. mBeaufort
53. Lau Chiew Huat CL. 175347207 4.043 ,, 2571.5 sq. m
54. Chong Dat Kueen CL. 175347216 4.089 Kg. 2641.9 sq. mLingkungan,
Beaufort
55. Ag. Kassim b. IbrahimAb. Wahid b. Abu BakarAw. Langgar Arsh ArdHj. Othman b. Matali CL. 175344411 35.580 ,, 1.380Ab. Rahman b. Burut }Kambar b. Ab. RajakAbd. b. IbrahimYusuf b. PutehDaud b. Kadir
13 Ogos 20151,416
JADUAL - (samb.)Anggaran
Luas Luas KawasanBil. Pemilik No. Hakmilik Kawasan Tempat Yang Hendak
Hakmilik Diambil(Hektar) (Hektar)
ORDINAN PENGAMBILAN TANAH - (samb.)
REPEATED NOTIFICATIONS - (cont.)
WARTA KERAJAAN NEGERI SABAH
56. Ladang Cepat - KPD CL. 175344073 1610.7 Kg. 11.576 Sdn. Bhd. Lingkungan,
Beaufort
57. Suparman Edi NT. 173213600 1.617 ,, 14.4 sq. m
58. Mohd. Azmi bin Mohd. NT. 173213593 2.128 ,, 840.7 sq. m Noor
59. Baulus bin Injanun @ NT. 173221880 2.059 ,, 32878 sq. m Juitol bin Linjanun
60. Rokiah Ibrahim CL. 175332304 19.16 ,, 4488.8 sq. m
61. Kota Unggul Sdn. Bhd. NT. 175332297 19.449 ,, 1.723
62. Kota Unggul Sdn. Bhd. CL. 175332331 20.172 ,, 8670 sq. m
63. Kota Unggul Sdn. Bhd. CL. 175332322 19.641 ,, 2.186
Bertarikh di Kota Kinabalu, pada 21 Julai 2015.
Dengan Perintah Tuan Yang Terutama,
DATUK SERI PANGLIMA MUSA HAJI AMAN,Ketua Menteri Sabah.
[No. JKM. PHB. 600-2/5/46/(35)
LAND ACQUISITION ORDINANCE
Cap. 69
NOTIFICATION UNDER SECTION 4
Whereas it appears to the Yang di-Pertua Negeri that any land as shown on Plan No.917400001 is likely to be required for a public purpose, that is to say for the Construction ofSESB Kimanis - Sipitang 275 KV Power Transmission Line in the District of Beaufort;
Cap. 69now, therefore, in exercise of the powers conferred upon him by section 4 of theLand Acquisition Ordinance, the Yang di-Pertua Negeri hereby notifies that all
the land set out in the Schedule hereto are likely to be required for a purpose, which in theopinion of the Yang di-Pertua Negeri is a public purpose.
Plan referred to above may be inspected at the office of the Director of Lands andSurveys, Kota Kinabalu, or the office of the Assistant Collector of Land Revenue, Beaufort,during normal office hours.
1,41713 Ogos 2015
JADUAL - (samb.)Anggaran
Luas Luas KawasanBil. Pemilik No. Hakmilik Kawasan Tempat Yang Hendak
Hakmilik Diambil(Hektar) (Hektar)
WARTA KERAJAAN NEGERI SABAH
SCHEDULEApproximate
Area Area to beNo. Owner(s) Title No. on Title Locality Acquired
in Hectare(s) in Hectare(s)
1. Ganyar b. Angkatan NT. 173142393 2.998 Kg. Tamalang 9623 sq. m @ Ganyar Membakut
2. Rukiah binti Yakub NT. 173123307 1.392 Kg. Ponopok, 618.3 sq. m @ Rosnah binti Yakup Beaufort
3. Oyang bt. Basusi } NT. 173140460 5.204 Kg. Tamalang, 1.011Margaret Majinon Membakut
4. Genevie binti Junim } NT. 173126933 6.677 ,, 1.574Nalis binti Antius
5. Ohong bt. Sikai NT. 173126951 2.598 ,, 5611.8 sq. m
6. Muadi b. SamanAbd. Rahman b. } NT. 173098265 4.738 ,, 1.117 DamangMatasan b. Yusof
7. Foo Ah KuiFoo Ming HaiFoo Ming Chuan } NT. 173098774 3.326 ,, 5058.7 sq. m @ Morgan FooDamian Wilson Majaun
8. Margaret George Hindol NT. 173098238 4.103 ,, 1.181
9. Abd. Mukti b. Syaubari NT. 173098229 5.515 ,, 1.294
10. Boksing bin Lailin NT. 173098210 5.625 ,, 1.230
11. Soh Kian Soon CL. 175288945 14.329 Membakut 4862.3 sq. m
12. Rupiah bte Bachee Khan } CL. 175081099 1214.057 ,, 15.734Abdul Razak bin Harris
13. Fokasrama Sdn. Bhd. CL. 175046107 271.139 ,, 2.327
14. Wong Yun OnnWong Yun Siong } CL. 175178953 5.358 Beaufort 5405.1 sq. mWong Nyuk FooWong Nyuk Hiong
15. Wong Ho Fatt } CL. 175178962 6.673 ,, 1.875Wong Tu Kong
13 Ogos 20151,418
LAND ACQUISITION ORDINANCE - (cont.)
REPEATED NOTIFICATIONS - (cont.)
WARTA KERAJAAN NEGERI SABAH
16. Subing b. Tulong NT. 173077284 4.006 Beaufort 1419.3 sq. m
17. Liew Yun Fah PL. 176197890 18.696 ,, 2.145
18. Jijah bte AwatRusimah bte AjakJapar b. AjakKaling b. AjakAhim b. Ajak } NT. 173082794 2.290 Kg. Mawao, 7604.6 sq. mJamal b. Ajak BeaufortJalani b. AjakJainal b. AjakMaimonah binti BongsuBadhra bin Bidin
19. Chong Sui Kiu } PL. 176149581 2.137 ,, 1691.7 sq. mChong Sui Yin
20. Louzi JohnsonLouzah bt. JohnsonLouzin Johnson } PL. 176149590 4.755 ,, 1.111Loselin JohnsonLovey @ Jayne bt. Johnson
21. Wong Nyuk Pin PL. 176151009 1.707 ,, 1331.2 sq. m
22. Ashma bte Bakar FR. 174036938 1.400 ,, 5841.7 sq. m
23. Victor Chong Shui Cheok } CL. 175051537 14.164 Beaufort 6275 sq. mChong Fen Yee
24. Zaman Hartawan CL. 175346666 2057 Woodford Estate, 19.315 Sdn. Bhd. Beaufort
25. Perbadanan CL. 175323207 32.28 Batu 54, 9389.7 sq. m Pembangunan Beaufort Ekonomi Sabah
26. Majlis Ugama Islam CL. 175336099 33.766 Kg. Manonok, 4.620 Sabah Beaufort
27. Hunter’s Valley Estate PL. 176137358 1067.721 ,, 6.810 Sdn. Bhd.
28. Denis b. James @ NT. 173061375 1.943 ,, 16.2 sq. m Denis Lim
1,41913 Ogos 2015
SCHEDULE - (cont.)Approximate
Area Area to beNo. Owner(s) Title No. on Title Locality Acquired
in Hectare(s) in Hectare(s)
WARTA KERAJAAN NEGERI SABAH
29. Denis b. James @ NT. 173053695 1.311 Kg. Manonok, 5853.1 sq. m Denis Lim Beaufort
30. Nancy bt. James @ Nancy Lim } CL. 175089853 1.808 ,, 3726.3 sq. mJane bt. James @ Jane Lim
31. Noel Lim @ Noel NT. 173053686 2.934 ,, 6489.5 sq. m b. James
32. Noel Lim @ Noel NT. 173055528 1.910 ,, 2513.3 sq. m b. James
33. Noel Lim @ Noel b. JamesNancy bt. James @ Nancy LimJane bt. James @ Jane Lim } NT. 173061348 4.033 ,, 6014.3 sq. mSylvia Lim @ Sylvia bt. JamesDenis Lim @ Denis b. JamesIrine Lim
34. Sarina bt. Abu Bakar NT. 173055091 1.166 ,, 2659.8 sq. m
35. Mohd. Yunus b.Jobar KhanRariah bt. Julian } CL. 175016314 96.30 Kg. Bukau, 2.305Mohamad Salleh b. BeaufortJubar Khan
36. Borneo Samudera CL. 175048389 599.13 Beaufort 23.654 Sdn. Bhd.
37. Segala Kota Sdn. Bhd. CL. 175335001 555.398 Mentenior, 3.226Beaufort
38. Segala Kota Sdn. Bhd. CL. 175333409 391.9 Beaufort 5621.2 sq. mSouth
39. Sabah Forest Industries PL. 176291535 26137 Kg. Karangan, 49.239 Sdn. Bhd. Beaufort
13 Ogos 20151,420
SCHEDULE - (cont.)Approximate
Area Area to beNo. Owner(s) Title No. on Title Locality Acquired
in Hectare(s) in Hectare(s)
LAND ACQUISITION ORDINANCE - (cont.)
REPEATED NOTIFICATIONS - (cont.)
WARTA KERAJAAN NEGERI SABAH
40. Sidulis b. Gantahong NT. 173104606 3.269 Kg. Karangan, 4180.5 sq. mBeaufort
41. Tropical Timber &Trading (Sabah) CL. 175332082 29.73 ,, 552.3 sq. m Sdn. Bhd.
42. Sawilan bin Rati NT. 173101730 3.124 ,, 263.2 sq. m
43. Rusnah bt. Salleh NT. 173104464 2.306 ,, 3799.6 sq. m
44. Arbaiyah binti Ag. NT. 173104526 1.545 ,, 5611.1 sq. m Arsad
45. Goh Chit Hock NT. 173104473 1.849 ,, 35.7 sq. m @ Hurbert Goh
46. Christina Liew Mei Fah NT. 173104428 2.476 ,, 5636.3 sq. m
47. Amjah Judin NT. 173104437 3.391 ,, 5845 sq. m
48. Musman Plantation NT. 175316837 607.43 Kg. Ulu Bukau, 7.124 Sdn. Bhd. Beaufort
49. Imbas Utama Sdn. Bhd. PL. 176290985 5.665 Kg. Karangan, 541.3 sq. mBeaufort
50. Chong Fei Cheng PL. 176291017 6.070 ,, 6852.6 sq. m
51. Wong Chun Hiong PL. 176291026 6.070 ,, 6156.1 sq. m
52. Yong Kee Siew CL. 175347190 4.045 Kg. Inuman, 2712.8 sq. mBeaufort
53. Lau Chiew Huat CL. 175347207 4.043 ,, 2571.5 sq. m
54. Chong Dat Kueen CL. 175347216 4.089 Kg. 2641.9 sq. mLingkungan,
Beaufort
55. Ag. Kassim b. IbrahimAb. Wahid b. Abu BakarAw. Langgar Arsh ArdHj. Othman b. Matali CL. 175344411 35.580 ,, 1.380Ab. Rahman b. Burut }Kambar b. Ab. RajakAbd. b. IbrahimYusuf b. PutehDaud b. Kadir
56. Ladang Cepat - KPD CL. 175344073 1610.7 ,, 11.576 Sdn. Bhd.
1,42113 Ogos 2015
SCHEDULE - (cont.)Approximate
Area Area to beNo. Owner(s) Title No. on Title Locality Acquired
in Hectare(s) in Hectare(s)
WARTA KERAJAAN NEGERI SABAH
57. Suparman Edi NT. 173213600 1.617 Kg. 14.4 sq. mLingkungan,
Beaufort
58. Mohd. Azmi bin Mohd. NT. 173213593 2.128 ,, 840.7 sq. m Noor
59. Baulus bin Injanun @ NT. 173221880 2.059 ,, 32878 sq. m Juitol bin Linjanun
60. Rokiah Ibrahim CL. 175332304 19.16 ,, 4488.8 sq. m
61. Kota Unggul Sdn. Bhd. NT. 175332297 19.449 ,, 1.723
62. Kota Unggul Sdn. Bhd. CL. 175332331 20.172 ,, 8670 sq. m
63. Kota Unggul Sdn. Bhd. CL. 175332322 19.641 ,, 2.186
Dated at Kota Kinabalu, this 21st day of July, 2015.
By His Excellency’s Command,
DATUK SERI PANGLIMA MUSA HAJI AMAN,Chief Minister of Sabah.
_______
Yang berikut adalah diterbitkan sebagai Tambahan kepada Warta ini:-
ENAKMEN-ENAKMEN
Tambahan Pertama No. 2 bertarikh 30 Julai 2015.
No. 3 Tahun 2015 - Enakmen Perbekalan Tambahan Pertama (2015) 2015.The First Supplementary Supply (2015) Enactment 2015.
No. 4 Tahun 2015 - Enakmen Hutan (Pindaan) 2015.The Forest (Amendment) Enactment 2015.
No. 5 Tahun 2015 - Enakmen Kumpulan Wang Amanah Warisan Negeri(Pemansuhan) 2015.The State Heritage Trust Fund (Repeal) Enactment 2015.
13 Ogos 20151,422
SCHEDULE - (cont.)Approximate
Area Area to beNo. Owner(s) Title No. on Title Locality Acquired
in Hectare(s) in Hectare(s)
LAND ACQUISITION ORDINANCE - (cont.)
REPEATED NOTIFICATIONS - (cont.)
WARTA KERAJAAN NEGERI SABAH 1,42313 Ogos 2015
Kadar langganan berikut bagi Warta Kerajaan Negeri Sabah yang berkuat kuasamulai daripada 1 Januari 2015 adalah diterbitkan untuk makluman Umum:
KADAR LANGGANAN UNTUK TAHUN 2015
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
Tidak lebih 17 hingga 32 muka ... ... ... ... 3.00
Tidak lebih 33 hingga 48 muka ... ... ... ... 3.60
Tidak lebih 49 hingga 64 muka ... ... ... ... 4.20
Tidak lebih 65 hingga 96 muka ... ... ... ... 5.40
Lebih daripada 96 muka ... ... ... ... ... 7.20 dan tambahRM1.20untuk setiap32 mukayang lebih.
Senaskhah Tahunan Tambahan Pertama dan Kedua sertaindeks 2014 (dijilid dengan Kulit Keras) ... ... RM 42.00
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 hendaklahdialamatkan kepada Pencetak Kerajaan, Jabatan Cetak Kerajaan, Km. 4, JalanTuaran, Beg Berkunci 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.
2015.P.K. 0001 (L) - 2015