Jil. LXVIII] [No. 24 KOTA KINABALU, KHAMIS, 20 JUN 2013 Kenyataan-kenyataan berikut adalah diterbitkan atas perintah Tuan Yang Terutama Yang di-Pertua Negeri untuk Makluman Umum. TAN SRI DATUK SERI PANGLIMA HAJI SUKARTI BIN WAKIMAN, Setiausaha Kerajaan Negeri. SABAH, MALAYSIA Warta Kerajaan Diterbitkan dengan kuasa No. 518 [No. JKM. (S) 100-52/24 Klt. 2/(18) PERLEMBAGAAN NEGERI SABAH PELANTIKAN TIMBALAN SPEAKER DEWAN UNDANGAN NEGERI Adalah disiarkan untuk maklumkan umum bahawa pada menjalankan kuasa yang diberi di bawah Perkara 15A(1) Perlembagaan Negeri Sabah, Tuan Yang Terutama Yang di-Pertua Negeri Sabah telah melantik penama-penama berikut sebagai Timbalan Speaker Dewan Undangan Negeri berkuat kuasa 21 Mei 2013 hingga 20 Mei 2018:- (i) Yang Berhormat Datuk Juani @ Johnny bin Mositun (ii) Yang Berhormat Datuk Chang Kuan Hiong @ Johnson Tee _______ No. 519 [No. KKT&P: (UPP) 100-1/10 (58) ENAKMEN PEMAJUAN PERUMAHAN (KAWALAN DAN PELESENAN) 1978 Sabah No. 24 tahun 1978 PELANTIKAN PENGAWAL PERUMAHAN Pada menjalankan kuasa yang diberikan di bawah seksyen 4(1) Enakmen Pemajuan Perumahan (Kawalan dan Pelesenan) 1978, saya, Datuk Haji Hajiji Haji Noor, Menteri
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Jil. LXVIII] [No. 24KOTA KINABALU, KHAMIS, 20 JUN 2013
Kenyataan-kenyataan berikut adalah diterbitkan atas perintah Tuan YangTerutama Yang di-Pertua Negeri untuk Makluman Umum.
TAN SRI DATUK SERI PANGLIMA HAJI SUKARTI BIN WAKIMAN,Setiausaha Kerajaan Negeri.
SABAH, MALAYSIA
Warta KerajaanDiterbitkan dengan kuasa
No. 518 [No. JKM. (S) 100-52/24 Klt. 2/(18)
PERLEMBAGAAN NEGERI SABAH
PELANTIKAN TIMBALAN SPEAKER DEWAN UNDANGAN NEGERI
Adalah disiarkan untuk maklumkan umum bahawa pada menjalankan kuasa yang diberidi bawah Perkara 15A(1) Perlembagaan Negeri Sabah, Tuan Yang Terutama Yang di-PertuaNegeri Sabah telah melantik penama-penama berikut sebagai Timbalan Speaker DewanUndangan Negeri berkuat kuasa 21 Mei 2013 hingga 20 Mei 2018:-
(i) Yang Berhormat Datuk Juani @ Johnny bin Mositun
(ii) Yang Berhormat Datuk Chang Kuan Hiong @ Johnson Tee
_______
No. 519 [No. KKT&P: (UPP) 100-1/10 (58)
ENAKMEN PEMAJUAN PERUMAHAN (KAWALAN DAN PELESENAN) 1978
Sabah No. 24 tahun 1978
PELANTIKAN PENGAWAL PERUMAHAN
Pada menjalankan kuasa yang diberikan di bawah seksyen 4(1) Enakmen PemajuanPerumahan (Kawalan dan Pelesenan) 1978, saya, Datuk Haji Hajiji Haji Noor, Menteri
WARTA KERAJAAN NEGERI SABAH 20 Jun 20131,294
Kerajaan Tempatan dan Perumahan Sabah melantik Datuk Matius Sator, Setiausaha Tetap,Kementerian Kerajaan Tempatan dan Perumahan Sabah sebagai Pengawal Perumahan untukmelaksanakan segala tugas yang dikenakan dan menjalankan segala kuasa yang diberikankepadanya sebagai Pengawal oleh Enakmen ini dan hendaklah mula berkuat kuasa padatarikh pewartaannya dalam Warta.
Dibuat 27 Mei 2013.
DATUK HAJI HAJIJI HAJI NOOR,Menteri Kerajaan Tempatan dan Perumahan.
[No. KKT&P: (UPP) 100-1/10 (58)
HOUSING DEVELOPMENT (CONTROL AND LICENSING) ENACTMENT 1978
Sabah No. 24 of 1978
APPOINTMENT OF CONTROLLER OF HOUSING
In exercise of the power conferred by section 4(1) of the Housing Development (Controland Licensing) 1978, I, Datuk Haji Hajiji Haji Noor, the Minister of Local Government andHousing appoints Datuk Matius Sator, the Permanent Secretary of Ministry of LocalGovernment and Housing as the Controller of Housing to perform all duties imposed andexercise all powers conferred on him as the Controller by this Enactment and shall comeinto force on the date of its publication in the Gazette.
Made 27th May, 2013.
DATUK HAJI HAJIJI HAJI NOOR,Minister of Local Government and Housing.
_______
No. 520 [No. JKM(S) 100-22/13 Klt. 3/(39)
PEMBATALAN PELANTIKAN PENGERUSILEMBAGA PENGARAH LEMBAGA KEMAJUAN TANAH NEGERI SABAH
Adalah disiarkan untuk makluman umum bahawa pada menjalankan kuasa-kuasa yangdiberi kepadanya di bawah Seksyen 5(2) Enakmen Lembaga Kemajuan Tanah Negeri Sabah,1981, Tuan Yang Terutama Yang di-Pertua Negeri Sabah telah membatalkan pelantikanYang Berhormat Datuk Sapawi Haji Ahmad sebagai Pengerusi Lembaga Pengarah LembagaKemajuan Tanah Negeri Sabah berkuat kuasa mulai 31 Mei 2013.
PEMBATALAN PELANTIKAN PENGERUSILEMBAGA PENGARAH LEMBAGA PERBADANAN KEMAJUAN
PELANCONGAN NEGERI SABAH
Adalah disiarkan untuk makluman umum bahawa pada menjalankan kuasa-kuasa yangdiberi kepadanya di bawah Seksyen 5(2) Enakmen Perbadanan Kemajuan PelanconganNegeri Sabah, 1981, Tuan Yang Terutama Yang di-Pertua Negeri Sabah telah membatalkanpelantikan Yang Berbahagia Dato’ Seri Tengku Zainal Adlin Tengku Mahamood sebagaiPengerusi Lembaga Pengarah Lembaga Perbadanan Kemajuan Pelancongan Negeri Sabahberkuat kuasa mulai 1 Jun 2013.
_______
No. 522 [No. JKM(S) 100-22/46 Klt. 2/(182)
PEMBATALAN PELANTIKAN PENGERUSI DAN TIMBALAN PENGERUSIENAKMEN KORPORASI KEMAJUAN PERIKANAN DAN NELAYAN
NEGERI SABAH
Adalah disiarkan untuk makluman umum bahawa pada menjalankan kuasa-kuasa yangdiberi kepadanya di bawah Seksyen 5(2) Enakmen Korporasi Kemajuan Perikanan danNelayan Sabah (KO-NELAYAN) 1981, Tuan Yang Terutama Yang di-Pertua Negeri Sabahtelah membatalkan pelantikan penama-penama berikut sebagai Pengerusi dan TimbalanPengerusi Lembaga Pengarah Lembaga Korporasi Kemajuan Perikanan dan Nelayan Sabah(KO-NELAYAN) berkuat kuasa mulai seperti berikut:
Bil. Nama Jawatan Berkuat kuasa mulai
1. Yang Berhormat Datuk Samsuddin Yahya Pengerusi 1 Jun 2013
2. Yang Berhormat Datuk Abd. Mijul bin Tim. Pengerusi 1 Jun 2013Haji Unaini
_______
No. 523 [No. JKM(S) 100-22/41 Klt. 3/(97)
PEMBATALAN PELANTIKAN TIMBALAN PENGERUSILEMBAGA PENGARAH PEMBANGUNAN PERUMAHAN DAN BANDAR
Adalah disiarkan untuk makluman umum bahawa pada menjalankan kuasa-kuasa yangdiberi kepadanya di bawah Seksyen 5(2) Enakmen Lembaga Pembangunan Perumahandan Bandar, 1981, Tuan Yang Terutama Yang di-Pertua Negeri Sabah telah membatalkanpelantikan Yang Berhormat Puan Anita Baranting sebagai Timbalan Pengerusi LembagaPengarah Pembangunan Perumahan dan Bandar berkuat kuasa mulai 1 Jun 2013.
WARTA KERAJAAN NEGERI SABAH 20 Jun 20131,296
No. 524 [No. T/C. JKM(S) 100-22/5 Klt. 2/(76)
PEMBATALAN PELANTIKAN PENGERUSI LEMBAGA PENGARAHLEMBAGA PEMEGANG AMANAH TAMAN-TAMAN SABAH
Adalah disiarkan untuk makluman umum bahawa pada menjalankan kuasa-kuasa yangdiberi kepadanya di bawah Seksyen 26(2) Enakmen Taman-Taman Sabah, 1984, TuanYang Terutama Yang di-Pertua Negeri Sabah telah membatalkan pelantikan Yang BerhormatDatuk Dr. Joachim Gunsalam sebagai Pengerusi Lembaga Pengarah Lembaga PemegangAmanah Taman-Taman Sabah berkuat kuasa mulai 1 Mei 2013.
_______
No. 525 [No. JKM(S) 100-22/13 Klt. 3/(39)
PELANTIKAN PENGERUSI LEMBAGA PENGARAHKEMAJUAN TANAH NEGERI SABAH
Adalah disiarkan untuk makluman umum bahawa pada menjalankan kuasa-kuasa yangdiberi kepadanya di bawah Seksyen 4(2) Enakmen Lembaga Kemajuan Tanah Negeri Sabah,1981, Tuan Yang Terutama Yang di-Pertua Negeri Sabah telah melantik Yang BerhormatDatuk Haji Abdul Rahim Ismail sebagai Pengerusi Lembaga Pengarah Lembaga KemajuanTanah Negeri Sabah berkuat kuasa mulai 1 Jun 2013 hingga 31 Mei 2016.
_______
No. 526 [No. JKM(S) 100-22/9 Klt. 3/(44)
PELANTIKAN PENGERUSI LEMBAGA PENGARAHLEMBAGA PERBADANAN KEMAJUAN PELANCONGAN NEGERI SABAH
Adalah disiarkan untuk makluman umum bahawa pada menjalankan kuasa-kuasa yangdiberi kepadanya di bawah Seksyen 4(2) Enakmen Perbadanan Kemajuan PelanconganNegeri Sabah, 1981, Tuan Yang Terutama Yang di-Pertua Negeri Sabah telah melantikYang Berhormat Datuk Joniston Lumai @ Bangkuai sebagai Pengerusi Lembaga PengarahLembaga Perbadanan Kemajuan Pelancongan Negeri Sabah berkuat kuasa mulai 1 Jun2013 hingga 31 Mei 2016.
_______
No. 527 [No. T/C. JKM(S) 100-22/5 Klt. 2/(76)
PELANTIKAN PENGERUSI LEMBAGA PENGARAHLEMBAGA PEMEGANG AMANAH TAMAN-TAMAN SABAH
Adalah disiarkan untuk makluman umum bahawa pada menjalankan kuasa-kuasa yangdiberi kepadanya di bawah Seksyen 25(2) Enakmen Taman-Taman Sabah, 1984, TuanYang Terutama Yang di-Pertua Negeri Sabah telah melantik Yang Berbahagia Dato’ SeriTengku Zainal Adlin Tengku Mahamood sebagai Pengerusi Lembaga Pengarah LembagaPemegang Amanah Taman-Taman Sabah berkuat kuasa mulai 1 Jun 2013 hingga 31 Mei2016.
WARTA KERAJAAN NEGERI SABAH 1,29720 Jun 2013
No. 528 [No. JKM(S) 100-22/46 Klt. 2/(182)
PELANTIKAN PENGERUSI ENAKMEN KORPORASI KEMAJUAN PERIKANANDAN NELAYAN SABAH (KO-NELAYAN)
Adalah disiarkan untuk makluman umum bahawa pada menjalankan kuasa-kuasa yangdiberi kepadanya di bawah Seksyen 4(2) Enakmen Korporasi Kemajuan Perikanan danNelayan Sabah (KO-NELAYAN), 1981, Tuan Yang Terutama Yang di-Pertua Negeri Sabahtelah melantik Yang Berhormat Datuk Abd. Mijul bin Haji Unaini sebagai PengerusiLembaga Pengarah Lembaga Korporasi Kemajuan Perikanan dan Nelayan Sabah (KO-NELAYAN) berkuat kuasa mulai 1 Jun 2013 hingga 31 Mei 2016.
_______
No. 529 [No. JKM(S) 100-22/41 Klt. 3/(97)
PELANTIKAN TIMBALAN PENGERUSI LEMBAGA PENGARAHPEMBANGUNAN PERUMAHAN DAN BANDAR
Adalah disiarkan untuk makluman umum bahawa pada menjalankan kuasa-kuasa yangdiberi kepadanya di bawah Seksyen 4(2) Enakmen Lembaga Pembangunan Perumahandan Bandar, 1981, Tuan Yang Terutama Yang di-Pertua Negeri Sabah telah melantik PuanHajah Saleha Abd. Wahid sebagai Timbalan Pengerusi Lembaga Pengarah PembangunanPerumahan dan Bandar berkuat kuasa mulai 1 Jun 2013 hingga 31 Mei 2016.
_______
No. 530 [No. JKM(S) 100-10/127 Klt. 3/(90)
WATIKAH PELANTIKAN PRESIDENMAJLIS HAL EHWAL ANAK NEGERI SABAH
ENAKMEN MAJLIS HAL EHWAL ANAK NEGERI SABAH 1998SEKSYEN 6(2)
Adalah disiarkan untuk makluman umum bahawa pada menjalankan kuasa-kuasa yangdiberi kepadanya di bawah Seksyen 6(2) Enakmen Majlis Hal Ehwal Anak Negeri Sabah1998, Tuan Yang Terutama Yang di-Pertua Negeri Sabah telah melantik Yang BerhormatTuan Mohammad bin Haji Alamin sebagai Presiden Majlis Hal Ehwal Anak Negeri Sabahberkuat kuasa mulai 1 Jun 2013 hingga 31 Mei 2015.
_______
No. 531 [No. SPANS: P. 028612 Klt. II/37
PELANTIKAN SECARA KONTRAK
Suruhanjaya Perkhidmatan Awam Negeri Sabah telah meluluskan pelantikan bagi PuanEvina Brenda Majimbun ke jawatan Pegawai Tadbir, Gred N41 secara Pembaharuan Kontrakselama tiga (3) tahun mulai 3 Disember 2012.
WARTA KERAJAAN NEGERI SABAH 20 Jun 20131,298
[No. SPANS: P. 028612 Klt. II/37
Suruhanjaya Perkhidmatan Awam Negeri Sabah telah meluluskan pelantikan bagi EncikSakaria bin Semela ke jawatan Ketua Pendakwa Syariah/Pegawai Syariah, Gred LS48 secaraPembaharuan Kontrak selama tiga (3) tahun mulai 14 Januari 2013.
[No. SPANS: P. 028612 Klt. II/37
Suruhanjaya Perkhidmatan Awam Negeri Sabah telah meluluskan pelantikan bagi EncikDuane Alvin William ke jawatan Jurutera, Gred J41 secara Pembaharuan Kontrak selamatiga (3) tahun mulai 18 Februari 2013.
_______
No. 532 [No. SPANS: P. 028612 Klt. II/37
PELANTIKAN SEMULA SELEPAS BERSARA
Suruhanjaya Perkhidmatan Awam Negeri Sabah telah meluluskan pelanjutan pelantikansemula selepas bersara bagi Encik Chung Hon Shen @ John ke jawatan Juruukur Bahan,Gred J41 secara sementara mulai dari 1 November 2012 hingga 23 Julai 2013.
[No. SPANS: P. 028612 Klt. II/37
Suruhanjaya Perkhidmatan Awam Negeri Sabah telah meluluskan pelanjutan pelantikansemula selepas bersara bagi Tuan Haji Mohd. Sidek bin Haji Abd. Jubar ke jawatan PegawaiTadbir, Gred N48 secara sementara selama satu (1) tahun mulai dari 1 Februari 2013.
[No. SPANS: P. 028612 Klt. II/37
Suruhanjaya Perkhidmatan Awam Negeri Sabah telah meluluskan pelanjutan pelantikansemula selepas bersara bagi Encik Yap Chow Wah ke jawatan Jurutera, Gred J48 secarasementara selama dua (2) tahun mulai dari 1 Februari 2013 hingga 31 Januari 2015.
_______
No. 533 [No. SPANS: P. 028612 Klt. II/37
PENYERAPAN KE JAWATAN TETAP
Suruhanjaya Perkhidmatan Awam Negeri Sabah telah meluluskan penyerapan kejawatan tetap bagi Encik Wellson bin Bahoi ke jawatan Jurutera, Gred J41 secara percubaanselama 1 - 3 tahun mulai 29 Januari 2013.
[No. SPANS: P. 028612 Klt. II/37
Suruhanjaya Perkhidmatan Awam Negeri Sabah telah meluluskan penyerapan kejawatan tetap bagi Encik Abd. Wahab bin Sidek ke jawatan Pegawai PerkhidmatanPendidikan Siswazah, Gred DG41 secara percubaan selama 1 - 3 tahun mulai 1 Mac 2013.
PELANTIKAN SECARA KONTRAK - (samb.)
WARTA KERAJAAN NEGERI SABAH 1,29920 Jun 2013
[No. SPANS: P. 028612 Klt. II/37
Suruhanjaya Perkhidmatan Awam Negeri Sabah telah meluluskan penyerapan kejawatan tetap bagi Puan Fauziah binti Johari ke jawatan Pegawai Perkhidmatan PendidikanSiswazah, Gred DG41 secara percubaan selama 1 - 3 tahun mulai 1 Mac 2013.
[No. SPANS: P. 028612 Klt. II/37
Suruhanjaya Perkhidmatan Awam Negeri Sabah telah meluluskan penyerapan kejawatan tetap bagi Puan Norihan binti Abu Bakar ke jawatan Pegawai PerkhidmatanPendidikan Siswazah, Gred DG41 secara percubaan selama 1 - 3 tahun mulai 1 Mac 2013.
[No. SPANS: P. 028612 Klt. II/37
Suruhanjaya Perkhidmatan Awam Negeri Sabah telah meluluskan penyerapan kejawatan tetap bagi Cik Suzianah binti Bakri ke jawatan Pegawai Perkhidmatan PendidikanSiswazah, Gred DG41 secara percubaan selama 1 - 3 tahun mulai 1 Mac 2013.
_______
No. 534 [No.SPANS: P. 028612 Klt. II/37
TAWARAN PELANTIKAN SECARA SEMENTARA
Suruhanjaya Perkhidmatan Awam Negeri Sabah telah meluluskan pelantikan bagiEncik Hasmadi bin Hasbi ke jawatan Jurutera, Gred J41 secara sementara mulai 22 Oktober2012.
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No. 535 [No. KKT&P: 400-14/2 Jld. 5( )
SIJIL KETUA AUDIT NEGARA MENGENAI PENYATA KEWANGANLEMBAGA PEMBANGUNAN PERUMAHAN DAN BANDAR
BAGI TAHUN BERAKHIR 31 DISEMBER 2009
Penyata Kewangan Lembaga Pembangunan Perumahan dan Bandar bagi tahun berakhir31 Disember 2009 telah diaudit oleh wakil saya. Pihak pengurusan bertanggungjawabterhadap Penyata Kewangan ini. Tanggungjawab saya adalah mengaudit dan memberipendapat terhadap Penyata Kewangan tersebut.
2. Pengauditan telah dilaksanakan mengikut Akta Audit 1957 dan berpandukan piawaianpengauditan yang diluluskan. Piawaian tersebut menghendaki pengauditan dirancang dandilaksanakan untuk mendapat kepastian yang munasabah sama ada Penyata Kewanganadalah bebas daripada kesilapan atau ketinggalan yang ketara. Pengauditan itu termasukmemeriksa rekod secara semak uji, menyemak bukti yang menyokong angka dan memastikanpendedahan yang mencukupi dalam Penyata Kewangan. Penilaian juga dibuat terhadapprinsip perakaunan yang digunakan, unjuran signifikan oleh pengurusan dan persembahanPenyata Kewangan secara keseluruhan. Saya percaya pengauditan yang dilaksanakanmemberi asas yang munasabah terhadap pendapat saya.
WARTA KERAJAAN NEGERI SABAH 20 Jun 20131,300
3. Kecuali apa yang dinyatakan dalam Laporan Ketua Audit Negara pada pendapat sayaPenyata Kewangan ini memberi gambaran yang benar dan saksama terhadap kedudukankewangan Lembaga Pembangunan Perumahan dan Bandar pada 31 Disember 2009, hasiloperasi dan aliran tunainya untuk tahun tersebut berdasarkan piawaian perakaunan yangdiluluskan.
PATIMAH BINTI RAMUJI,b.p. Ketua Audit Negara,
Malaysia.
Kota Kinabalu.
Bertarikh: 23 September 2010.
WARTA KERAJAAN NEGERI SABAH 1,30120 Jun 2013
LAPORAN KETUA AUDIT NEGARA MENGENAI PENYATA KEWANGANLEMBAGA PEMBANGUNAN PERUMAHAN DAN BANDAR
BAGI TAHUN BERAKHIR 31 DISEMBER 2009
Laporan Ketua Audit Negara ini hendaklah dibaca bersama-sama dengan Sijil Ketua AuditNegara bagi menyokong pendapat Audit terhadap Penyata Kewangan tersebut.
2. Pemerhatian Audit terhadap Penyata Kewangan adalah seperti berikut:
2.1 Penyata Kewangan Tidak Disatukan
Lembaga tidak menyediakan Penyata Kewangan Kumpulan yang menyatukanPenyata Kewangan Lembaga dengan Penyata Kewangan subsidiarinya. Tindakanini adalah tidak mematuhi piawaian perakaunan yang diluluskan iaitu LembagaPiawaian Perakaunan Malaysia (MASB) 11 mengenai Penyata KewanganDisatukan dan Pelaburan Dalam Subsidiari.
Langkah-langkah pembetulan yang sewajarnya hendaklah diambil oleh pihakpengurusan Lembaga Pembangunan Perumahan dan Bandar untuk meningkatkanakauntabiliti awam.
PATIMAH BINTI RAMUJI,b.p. Ketua Audit Negara,
Malaysia.
Kota Kinabalu.
Bertarikh: 23 September 2010.
WARTA KERAJAAN NEGERI SABAH 20 Jun 20131,302
LEMBAGA PEMBANGUNAN PERUMAHAN DAN BANDAR(Housing and Town Development Authority)
STATEMENT BY THE CHAIRMAN AND GENERAL MANAGER
In our opinion, the financial statements set out on pages 1,304 to 1,324 are drawn upso as to give a true and fair view of the state of affairs of the Authority as at 31st December,2009 and of the results of its operations and cash flows for the year ended on that date.
On behalf of the Board,
YB DATUK RUBIN BALANG
(Chairman)
JENAR @ ZAINAL BIN LAMDAH
(General Manager)
Kota Kinabalu.
Date: 26th May, 2010.
WARTA KERAJAAN NEGERI SABAH 1,30320 Jun 2013
LEMBAGA PEMBANGUNAN PERUMAHAN DAN BANDAR(Housing and Town Development Authority)
STATUTORY DECLARATION
I, CHIN SU ME, the officer primarily responsible for the financial management of LembagaPembangunan Perumahan dan Bandar (Housing and Town Development Authority),do solemnly and sincerely declare that the financial statements set out on pages 1,304 to1,324 are, to the best of my knowledge and belief, correct, and I make this solemn declarationconscientiously believing the same to be true and by virtue of the provisions of the StatutoryDeclarations Act, 1960.
Subscribed and solemnly declared bythe abovenamed CHIN SU ME at }Kota Kinabalu in the State of Sabah CHIN SU ME
on 27th May, 2010.
Before me,
DATUK CLAUDIUS ROMAN, J.P.,Pesuruhjaya Sumpah,
Malaysia.
Kota Kinabalu.
WARTA KERAJAAN NEGERI SABAH 20 Jun 20131,304
LEMBAGA PEMBANGUNAN PERUMAHAN DAN BANDAR(Housing and Town Development Authority)
BALANCE SHEET AT 31ST DECEMBER, 2009
Note 2009 2008RM RM
PROPERTY, PLANT AND EQUIPMENT 3 15,457,090 13,696,464INVESTMENTS IN SUBSIDIARIES ... 4 7,417,689 9,797,506HOUSING DEBTORS ... ... ... 5 26,087,398 23,516,165
Allowance for diminution in value ... ... 2,379,817 -Depreciation ... ... ... ... ... ... 947,807 792,152Dividend income ... ... ... ... - (200,000)Gain on disposal of property, plant and
equipment ... ... ... ... ... (79,704) -Interest expense ... ... ... ... ... 1,226,284 1,694,738Interest income ... ... ... ... ... (1,615,755) (1,838,509)Loss on disposal of property, plant and equipment - 64,245Reversal of diminution in value ... ... ... - (277,082)State Revolving Fund written off... ... ... (2,289,568) -
Operating profit before working capital changes ... 4,110,886 3,932,411(Increase)/Decrease in working capital:
Housing debtors ... ... ... ... ... 7,602,341 12,740,325Inventories of unsold houses ... ... ... 2,602,375 (19,205,415)Development properties ... ... ... ... (4,113,357) 5,628,085Trade and other receivables ... ... ... 1,280,380 2,906,556Amount due from subsidiaries ... ... ... (1,229,419) 39,368Trade and other payables ... ... ... 3,703,672 (2,021,810)
N E T C A S H G E N E R A T E D F R O M OPERATING ACTIVITIES ... ... ... ... ... ... 13,856,920 3,073,627
CASH FLOWS FROM INVESTING ACTIVITIES
Interest received ... ... ... ... ... 1,615,755 1,838,509
Proceeds from disposal of property, plant andequipment ... ... ... ... ... ... 79,706 118,280
Purchase of property, plant and equipment ... (2,708,435) (2,019,280)
CASH USED IN INVESTING ACTIVITIES ... ... (1,012,974) (62,491)
LEMBAGA PEMBANGUNAN PERUMAHAN DAN BANDAR(Housing and Town Development Authority)
CASH FLOW STATEMENT FOR THE YEAR ENDED
31ST DECEMBER, 20092009 2008RM RM
WARTA KERAJAAN NEGERI SABAH 1,30920 Jun 2013
CASH FLOWS FROM FINANCING ACTIVITIES
Drawdown of State Government loans... ... 5,386,334 7,182,700Drawdown of Government trust funds... ... 155,181 -Repayment of Government trust funds... ... - (302,730)
CASH GENERATED FROM FINANCING ACTIVITIES 5,541,515 6,879,970
NET INCREASE IN CASH AND CASH EQUIVALENTS 18,385,461 9,891,106
C A S H A N D C A S H E Q U I V A L E N T S A TBEGINNING OF THE YEAR ... ... ... 25,124,627 15,233,521
CASH AND CASH EQUIVALENTS AT END OFTHE YEAR ... ... ... ... ... ... 43,510,088 25,124,627
CASH AND CASH EQUIVALENTS COMPRISE:Cash and bank balances ... ... ... ... 10,081,116 17,528,672
LEMBAGA PEMBANGUNAN PERUMAHAN DAN BANDAR(Housing and Town Development Authority)
CASH FLOW STATEMENT FOR THE YEAR ENDED
31ST DECEMBER, 2009 - (cont.)
2009 2008RM RM
WARTA KERAJAAN NEGERI SABAH 20 Jun 20131,310
LEMBAGA PEMBANGUNAN PERUMAHAN DAN BANDAR(Housing and Town Development Authority)
NOTES TO THE FINANCIAL STATEMENTS - 31ST DECEMBER, 2009
1. PRINCIPAL ACTIVITIES
The Authority is a State-owned agency and is governed by the Housing and TownDevelopment Authority Enactment, 1981. The principal activities of the Authority areto develop low cost housing and township projects. There has been no significant changein the nature of these activities during the financial year.
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
The following accounting policies are adopted by the Authority and are consistent withthose adopted in the previous years.
(a) Basis of accounting
The financial statements of the Authority are prepared on the historical costbasis and in compliance with applicable approved accounting standards inMalaysia.
(b) Property, plant and equipment
Property, plant and equipment are stated at cost or valuation less accumulateddepreciation and impairment losses, if any.
(c) Depreciation
The straight line method is used to write-off the cost of the following assets overthe term of their estimated useful lives at the following principal annual rates:
Long term leasehold land over 50 yearsBuildings 2%Motor vehicles 20%Office furniture, fittings and equipment 10% - 20%Renovation 10%Computer Software 20%
(d) Impairment
The carrying amounts of the Authority’s assets, other than inventories andfinancial assets (other than investments in subsidiaries), are reviewed at eachbalance sheet date to determine whether there is any indication of impairment. Ifany such indication exists, the asset’s recoverable amount is estimated. Animpairment loss is recognised whenever the carrying amount of an asset or thecash-generating unit to which it belongs exceeds its recoverable amount.Impairment losses are recognised in the income statement, unless the asset iscarried at a revalued amount, in which case the impairment loss is charged toequity.
WARTA KERAJAAN NEGERI SABAH 1,31120 Jun 2013
The recoverable amount is the greater of the asset’s net selling price and itsvalue in use. In assessing value in use, estimated future cash flows are discountedto their present value using a pre-tax discount rate that reflects current marketassessments of the time value of money and the risks specific to the asset. For anasset that does not generate largely independent cash inflows, the recoverableamount is determined for the cash-generating unit to which the asset belongs.
An impairment loss in respect of goodwill is not reversed unless the loss wascaused by a specific external event of an exceptional nature that is not expected torecur and subsequent external events have occurred that reverse the effect of thatevent.
In respect of other assets, an impairment loss is reversed if there has been a changein the estimates used to determine the recoverable amount.
An impairment loss is reversed only to the extent that the asset’s carrying amountdoes not exceed the carrying amount that would have been determined, netof depreciation or amortisation, if no impairment loss had been recognised. Thereversal is recognised in the income statement, unless it reverses an impairmentloss on a revalued asset, in which case it is taken to equity.
(e) Development properties
Land and development expenditure whereby significant development work hasbeen undertaken and is expected to be completed within the normal operatingcycle are classified as development properties. Development properties arestated at cost plus attributable profits less foreseeable losses, net of progressbillings. Cost includes cost of land, all direct building cost, and other relateddevelopment expenditure incurred during the period of development.
(f) Inventories of unsold houses
Inventories of unsold houses are stated at the lower of cost and net realisablevalue. Costs include apportioned land cost and development expenditureincurred.
(g) Revenue
(i) Property development
Profit from property development is recognised using the percentageof completion method. Where foreseeable losses are anticipated, fullprovision for these losses is made in the financial statements.
(ii) Developed properties
Profit on developed properties is recognised when transfer of risks andrewards has been completed.
LEMBAGA PEMBANGUNAN PERUMAHAN DAN BANDAR(Housing and Town Development Authority)
NOTES TO THE FINANCIAL STATEMENTS - 31ST DECEMBER, 2009 - (cont.)
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - (cont.)
WARTA KERAJAAN NEGERI SABAH 20 Jun 20131,312
(iii) Privatised projects
Profit on privatised projects is recognised on an accrual basis based onstipulated fixed schedule.
(iv) Rental income
Rental income is recognised on an accrual basis.
(v) Interest income
Interest income is recognised in the income statement as it accrues, takinginto account the effective yield on the asset.
(vi) Dividend Income
Dividend income is recognised when the right to receive payment isestablished.
(h) Interest on borrowings
Interest on borrowings is charged against income and no part of the interest istreated as an inherent part of the total cost of property development.
(i) Provisions
A provision is recognised when it is probable that an outflow of resourcesembodying economic benefits will be required to settle a present obligation (legalor constructive) as a result of a past event and a reliable estimate can be made of theamount.
(i) Provision for repairs and maintenance on completed projects
Provision for repairs and maintenance is made at 5% of cost for low costhousing projects and 3% for all other projects upon their completion.
(j) Employee benefits
(i) Short term benefits
Wages, salaries, paid leave and sick leave, bonus and non-monetarybenefits are recognised in the year in which associated services are renderedby employees of the Authority.
(ii) Defined contribution plans
Obligations for contributions to defined contribution plans are recognisedas an expense in the income statement as incurred. Other retirement benefitsare charged against income as and when paid.
LEMBAGA PEMBANGUNAN PERUMAHAN DAN BANDAR(Housing and Town Development Authority)
NOTES TO THE FINANCIAL STATEMENTS - 31ST DECEMBER, 2009 - (cont.)
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - (cont.)
WARTA KERAJAAN NEGERI SABAH 1,31320 Jun 2013
LEMBAGA PEMBANGUNAN PERUMAHAN DAN BANDAR(Housing and Town Development Authority)
NOTES TO THE FINANCIAL STATEMENTS - 31ST DECEMBER, 2009 - (cont.)
(k) Government trust funds
Grants and Trust Funds received from the Federal and State Governments for thedevelopment of specific projects are utilised to meet the cost of developingthose projects. At the completion of the project, any excess Trust Fund isrefundable to the respective governments, while shortfalls are to be recoveredand shown as a debit balance in the respective fund.
(l) Investments
Long term investments in subsidiaries are stated at cost in the Authority, lessimpairment loss where applicable.
(m) Taxation
Tax on the profit or loss for the year comprises current and deferred tax. Incometax is recognised in the income statement except to the extent that it relates to itemsrecognised directly in equity, in which case it is recognised in equity.
Current tax expense is the expected tax payable on the taxable income for the year,using tax rates enacted or substantially enacted at the balance sheet date, and anyadjustment to tax payable in respect of previous years.
Deferred tax is provided, using the liability method, on temporary differencesarising between the tax bases of assets and liabilities and their carrying amounts inthe financial statements. The amount of deferred tax provided is based on theexpected manner of realisation or settlement of the carrying amount of assets andliabilities, using tax rates enacted or substantially enacted at the balance sheet date.
A deferred tax asset is recognised only to the extent that it is probable that futuretaxable profits will be available against which the asset can be utilised.
(n) Cash and cash equivalents
Cash and cash equivalents consist of cash on hand, balances and deposits withbanks. For the purpose of the cash flow statement, cash and cash equivalents arepresented net of bank overdrafts and pledged deposits.
(o) Receivables
Receivables are carried at anticipated realisable value. Bad debts are written off inthe year in which they are identified. An estimate is made for doubtful debts basedon a review of all outstanding amounts at the year end.
(p) Payables
Payables are stated at cost which is the fair value of the consideration to be paid inthe future for goods and services rendered.
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - (cont.)
WARTA KERAJAAN NEGERI SABAH 20 Jun 20131,314
Cos
tA
t 1st
Jan
uary
, 200
9...
......
5,03
5,84
310
,379
,522
2,02
4,54
22,
574,
281
20,0
14,1
88A
dditi
ons
......
......
...1,
485,
468
-64
5,36
257
7,60
52,
708,
435
Dis
posa
ls...
......
......
--
(196
,194
)-
(196
,194
)
At 3
1st D
ecem
ber,
2009
......
...6,
521,
311
10,3
79,5
222,
473,
710
3,15
1,88
622
,526
,429
Dep
reci
atio
nA
t 1st
Jan
uary
, 200
9...
......
375,
811
2,61
8,87
81,
195,
748
2,12
7,28
76,
317,
724
Cha
rge
for
the
year
......
...13
0,42
620
7,59
140
1,00
920
8,78
194
7,80
7D
ispo
sals
......
......
...-
-(1
96,1
92)
-(1
96,1
92)
At 3
1st D
ecem
ber,
2009
......
...50
6,23
72,
826,
469
1,40
0,56
52,
336,
068
7,06
9,33
9
Net
Boo
k V
alue
At 3
1st D
ecem
ber,
2009
......
...6,
015,
074
7,55
3,05
31,
073,
145
815,
818
15,4
57,0
90
At 3
1st D
ecem
ber,
2008
......
...4,
660,
032
7,76
0,64
482
8,79
444
6,99
413
,696
,464
LE
MB
AG
A P
EM
BA
NG
UN
AN
PE
RU
MA
HA
N D
AN
BA
ND
AR
(Hou
sing
and
Tow
n D
evel
opm
ent A
utho
rity
)
NO
TE
S T
O T
HE F
INA
NC
IAL
ST
AT
EM
EN
TS
- 31S
T D
EC
EM
BE
R, 2
009
- (co
nt.)
3.P R
OPE
RT
Y, P
LA
NT
AN
D E
QU
IPM
EN
TL
ong
term
leas
ehol
dla
ndM
otor
vehi
cles
Tot
al
Off
ice
furn
itur
e,fi
ttin
gs a
ndeq
uipm
ent,
and
reno
vati
on
Bui
ldin
gs
RM
RM
RM
RM
RM
WARTA KERAJAAN NEGERI SABAH 1,31520 Jun 2013
Dep
reci
atio
n
Cha
rge
for t
he y
ear e
nded
31s
t Dec
embe
r,20
08...
......
......
100,
717
207,
591
291,
417
192,
427
792,
152
(a)
Titl
e to
cer
tain
bui
ldin
gs o
f the
Aut
hori
ty w
ith c
ost o
f RM
8,84
1,23
0 (2
008:
RM
8,84
1,23
0) h
as y
et to
be
issu
ed.
(b)
Cer
tain
long
term
leas
ehol
d la
nd o
f the
Aut
hori
ty a
re c
harg
ed to
fina
ncia
l ins
titut
ion
as s
ecur
ities
for b
anki
ng fa
cilit
ies
gran
ted
toco
ntra
ctor
s co
stin
g R
M48
,134
(20
08: R
M48
,134
).
4.I N
VE
STM
EN
TS
IN S
UB
SID
IAR
IES
2009
2008
RM
RM
Unq
uote
d sh
ares
at c
ost
......
......
......
......
......
10,0
06,0
3010
,006
,030
Les
s: A
llow
ance
for d
imin
utio
n in
val
ue...
......
......
......
...(2
,588
,341
)(2
08,5
24)
RM
7,41
7,68
9R
M9,
797,
506
LE
MB
AG
A P
EM
BA
NG
UN
AN
PE
RU
MA
HA
N D
AN
BA
ND
AR
(Hou
sing
and
Tow
n D
evel
opm
ent A
utho
rity
)
NO
TE
S T
O T
HE F
INA
NC
IAL
ST
AT
EM
EN
TS
- 31S
T D
EC
EM
BE
R, 2
009-
(con
t.)
3.P R
OPE
RT
Y, P
LA
NT
AN
D E
QU
IPM
EN
T -
(con
t.)L
ong
term
leas
ehol
dla
ndM
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 20 Jun 20131,316
The
pri
ncip
al a
ctiv
ities
of
the
subs
idia
ries
, th
eir
plac
es o
f in
corp
orat
ion
and
the
inte
rest
of
Lem
baga
Pem
bang
unan
Per
umah
an d
anB
anda
r are
as
follo
ws:
Eff
ecti
veC
ount
ry o
fO
wne
rshi
pN
ame
of C
ompa
nyP
rinc
ipal
Act
ivit
ies
Inco
rpor
atio
nIn
tere
sts
2009
2008
%%
Kua
la M
engg
atal
Prop
erty
Dev
elop
men
tM
alay
sia
9595
D
evel
opm
ent
C
orpo
ratio
n Sd
n. B
hd.
Supe
rnes
a Sd
n. B
hd.
Con
stru
ctio
n w
ork
unde
r co
ntra
ct a
ndM
alay
sia
100
100
prop
erty
dev
elop
men
t
Supe
rpan
el (
Saba
h) S
dn. B
hd.
Hol
ding
of
prop
erti
es f
or r
enta
l,M
alay
sia
100
100
pro
vis
ion
of
con
trac
t w
orks
and
rela
ted
serv
ices
and
insu
ranc
e ag
ency
LE
MB
AG
A P
EM
BA
NG
UN
AN
PE
RU
MA
HA
N D
AN
BA
ND
AR
(Hou
sing
and
Tow
n D
evel
opm
ent
Aut
hori
ty)
NO
TE
S T
O T
HE F
INA
NC
IAL
ST
AT
EM
EN
TS
- 31S
T D
EC
EM
BE
R, 2
009
- (co
nt.)
4. I N
VE
STM
EN
TS
IN S
UB
SID
IAR
IES
- (co
nt.)
WARTA KERAJAAN NEGERI SABAH 1,31720 Jun 2013
5.H
OU
SIN
G D
EB
TO
RS
2009
2008
Non
-Cur
rent
RM
RM
Low
cos
t hou
sing
......
......
......
......
......
......
4,68
0,56
51,
343,
662
Low
cos
t sho
phou
ses
......
......
......
......
......
...1,
871,
648
1,71
6,58
4C
omm
erci
al h
ousi
ng...
......
......
......
......
......
10,8
37,6
2711
,882
,414
Com
mer
cial
sho
phou
ses
......
......
......
......
......
2,50
8,69
12,
375,
290
Con
dom
iniu
m/f
lats
......
......
......
......
......
...6,
188,
867
6,19
8,21
5
26,0
87,3
9823
,516
,165
Cur
rent
Low
cos
t hou
sing
......
......
......
......
......
......
13,6
47,0
9223
,820
,665
RM
39,7
34,4
90R
M47
,336
,830
6.I N
VE
NT
OR
IES
OF
UN
SOL
D H
OU
SES
Inve
ntor
ies
of u
nsol
d ho
uses
of
RM
12,5
59,1
00 (
2008
: RM
3,24
1,10
0 )
are
carr
ied
at n
et r
ealis
able
val
ue.
7.O
TH
ER
RE
CE
IVA
BL
ES,
DE
POSI
TS
AN
D P
RE
PAY
ME
NT
S
2009
2008
RM
RM
Oth
er re
ceiv
able
s, d
epos
its a
nd p
repa
ymen
ts...
......
......
......
26,3
34,9
0127
,615
,281
Les
s: A
llow
ance
for d
oubt
ful d
ebts
......
......
......
......
...(8
,366
,311
)(8
,366
,311
)
RM
17,9
68,5
90R
M19
,248
,970
Incl
uded
in
othe
r re
ceiv
able
s, d
epos
its a
nd p
repa
ymen
ts o
f th
e A
utho
rity
are
loa
ns t
o em
ploy
ees
amou
ntin
g to
RM
31,3
49 (
2008
:R
M49
,276
).
LE
MB
AG
A P
EM
BA
NG
UN
AN
PE
RU
MA
HA
N D
AN
BA
ND
AR
(Hou
sing
and
Tow
n D
evel
opm
ent
Aut
hori
ty)
NO
TE
S T
O T
HE F
INA
NC
IAL
ST
AT
EM
EN
TS
- 31S
T D
EC
EM
BE
R, 2
009
- (co
nt.)
WARTA KERAJAAN NEGERI SABAH 20 Jun 20131,318
LE
MB
AG
A P
EM
BA
NG
UN
AN
PE
RU
MA
HA
N D
AN
BA
ND
AR
(Hou
sing
and
Tow
n D
evel
opm
ent
Aut
hori
ty)
NO
TE
S T
O T
HE F
INA
NC
IAL
ST
AT
EM
EN
TS
- 31S
T D
EC
EM
BE
R, 2
009
- (co
nt.)
8.A
MO
UN
T D
UE F
RO
M S
UB
SID
IAR
IES
The
am
ount
due
from
sub
sidi
arie
s is
uns
ecur
ed, i
nter
est f
ree
and
has
no fi
xed
term
s of
repa
ymen
t.
9.F I
XE
D D
EPO
SIT
S20
0920
08R
MR
M
Dep
osits
are
pla
ced
with
:L
icen
sed
bank
s...
......
......
......
......
......
...39
,428
,972
15,3
36,9
55
Incl
uded
in th
e fi
xed
depo
sits
is a
n am
ount
of
RM
6,00
0,00
0 (2
008:
RM
6,01
1,30
9) o
f th
e A
utho
rity
hel
d on
lien
by
a lic
ense
d ba
nkfo
r the
ove
rdra
ft fa
cilit
ies
of th
e A
utho
rity
(see
Not
e 12
).
10.
TR
AD
E P
AY
AB
LE
S
Incl
uded
in tr
ade
paya
bles
of t
he A
utho
rity
is re
tent
ion
sum
of R
M6,
696,
305
(200
8: R
M6,
544,
391)
.
11.
P RO
VIS
ION
Rep
air
and
mai
nten
ance
RM
Bal
ance
at 1
st J
anua
ry, 2
009
......
......
......
......
......
......
...5,
443,
911
Prov
isio
n m
ade
duri
ng th
e ye
ar...
......
......
......
......
......
......
214,
446
Prov
isio
n us
ed d
urin
g th
e ye
ar...
......
......
......
......
......
......
...(3
42,9
64)
Prov
isio
n re
vers
ed d
urin
g th
e ye
ar...
......
......
......
......
......
......
(902
,629
)
Bal
ance
at 3
1st D
ecem
ber,
2009
......
......
......
......
......
......
...R
M4,
412,
764
WARTA KERAJAAN NEGERI SABAH 1,31920 Jun 2013
12.
BA
NK
OV
ER
DR
AFT
S
The
ban
k ov
erdr
afts
of
the
Aut
hori
ty a
re s
ecur
ed b
y w
ay o
f fi
xed
depo
sits
of
RM
6,00
0,00
0 (2
008:
RM
6,01
1,30
9) h
eld
on li
en b
y th
elic
ense
d ba
nks
resp
ectiv
ely
(see
Not
e 9)
.
The
ban
k ov
erdr
afts
of
the
Aut
hori
ty a
re s
ubje
ct t
o in
tere
st a
t 1.
5% (
2008
: 1.
5%)
per
annu
m a
bove
the
ban
k’s
base
len
ding
rat
ere
spec
tivel
y.
13.
S TA
TE
GO
VE
RN
ME
NT
LO
AN
S20
0920
08R
MR
MSt
ate
Gov
ernm
ent l
oans
- u
nsec
ured
Cur
rent
......
......
......
......
......
......
19,2
51,2
0421
,148
,515
Non
-cur
rent
......
......
......
......
......
......
18,8
22,9
2513
,711
,164
RM
38,0
74,1
29R
M34
,859
,679
Ter
ms
and
debt
s re
paym
ent s
ched
ule
Und
er1
to 2
2 to
5O
ver
5T
otal
1 ye
arye
ars
year
sye
ars
RM
RM
RM
RM
RM
2009
Uns
ecur
ed S
tate
Gov
ernm
ent l
oans
-fix
ed ra
te 4
%...
......
...38
,074
,129
19,2
51,2
0440
4,13
81,
685,
411
16,7
33,3
76
LE
MB
AG
A P
EM
BA
NG
UN
AN
PE
RU
MA
HA
N D
AN
BA
ND
AR
(Hou
sing
and
Tow
n D
evel
opm
ent
Aut
hori
ty)
NO
TE
S T
O T
HE F
INA
NC
IAL
ST
AT
EM
EN
TS
- 31S
T D
EC
EM
BE
R, 2
009
- (co
nt.)
WARTA KERAJAAN NEGERI SABAH 20 Jun 20131,320
2008
Uns
ecur
ed S
tate
Gov
ernm
ent l
oans
- fi
xed
rate
4%
......
......
34,8
59,6
7921
,148
,515
274,
571
1,26
1,55
812
,175
,035
Stat
e G
over
nmen
t has
app
rove
d to
wri
te o
ff p
rogr
essi
vely
the
Stat
e G
over
nmen
t loa
n am
ount
ing
to R
M23
,071
,421
(20
08: N
il). A
nam
ount
of
RM
2,28
9,56
8 (2
008:
Nil)
has
bee
n w
ritte
n of
f du
ring
the
fina
ncia
l yea
r.
14.
F ED
ER
AL
GO
VE
RN
ME
NT
LO
AN
S
2009
2008
RM
RM
Fede
ral G
over
nmen
t loa
ns -
uns
ecur
edC
urre
nt...
......
......
......
......
......
...19
,566
,679
15,2
55,3
30N
on-c
urre
nt...
......
......
......
......
......
...17
,554
,800
20,8
31,8
35
RM
37,1
21,4
79R
M36
,087
,165
Ter
ms
and
debt
s re
paym
ent s
ched
ule
The
loan
s in
tere
st is
pay
able
as
follo
ws:
Loa
ns f
or c
ondo
min
ium
s...
......
......
......
......
......
......
4.0%
to 7
.5%
per
ann
umL
oans
for a
ll ot
her h
ousi
ng p
roje
cts
......
......
......
......
......
...4.
0% p
er a
nnum
LE
MB
AG
A P
EM
BA
NG
UN
AN
PE
RU
MA
HA
N D
AN
BA
ND
AR
(Hou
sing
and
Tow
n D
evel
opm
ent
Aut
hori
ty)
NO
TE
S T
O T
HE F
INA
NC
IAL
ST
AT
EM
EN
TS
- 31S
T D
EC
EM
BE
R, 2
009
- (co
nt.)
13.
S TA
TE
GO
VE
RN
ME
NT
LO
AN
S - (
cont
.)U
nder
1 to
22
to 5
Ove
r 5
Tot
al1
year
year
sye
ars
year
sR
MR
MR
MR
MR
M
WARTA KERAJAAN NEGERI SABAH 1,32120 Jun 2013
Und
er1
to 2
2 to
5O
ver
5T
otal
1 ye
arye
ars
year
sye
ars
RM
RM
RM
RM
RM
2009
Uns
ecur
ed F
eder
al G
over
nmen
t loa
ns...
37,1
21,4
7919
,566
,679
3,41
2,50
01,
756,
582
12,3
85,7
18
2008
Uns
ecur
ed F
eder
al G
over
nmen
t loa
ns...
36,0
87,1
6515
,255
,330
3,27
7,03
44,
555,
198
12,9
99,6
03
15.
GO
VE
RN
ME
NT
TR
UST
FU
ND
S20
0920
08R
MR
M
Stat
e G
over
nmen
t Hou
sing
Fun
d...
......
......
......
......
34,2
7634
,276
Stat
e Fu
nd fo
r New
Tow
nshi
p...
......
......
......
......
1,24
6,03
31,
150,
977
Stat
e G
over
nmen
t Sub
sidi
es F
und
......
......
......
......
...4,
184,
656
4,14
8,31
6St
ate
Gov
ernm
ent A
genc
y Fu
nds
......
......
......
......
...1,
975,
942
1,95
2,15
7R
M7,
440,
907
RM
7,28
5,72
6
16.
RE
VE
NU
E20
0920
08R
MR
M
Prof
it fr
om p
riva
tised
pro
ject
s...
......
......
......
......
12,7
40,4
9812
,174
,975
Prof
it fr
om s
ales
of c
ompl
eted
pro
pert
ies
......
......
......
......
882,
508
1,28
1,88
6
RM
13,6
23,0
06R
M13
,456
,861
LE
MB
AG
A P
EM
BA
NG
UN
AN
PE
RU
MA
HA
N D
AN
BA
ND
AR
(Hou
sing
and
Tow
n D
evel
opm
ent
Aut
hori
ty)
NO
TE
S T
O T
HE F
INA
NC
IAL
ST
AT
EM
EN
TS
- 31S
T D
EC
EM
BE
R, 2
009
- (co
nt.)
14.
F ED
ER
AL
GO
VE
RN
ME
NT
LO
AN
S - (
cont
.)
WARTA KERAJAAN NEGERI SABAH 20 Jun 20131,322
LE
MB
AG
A P
EM
BA
NG
UN
AN
PE
RU
MA
HA
N D
AN
BA
ND
AR
(Hou
sing
and
Tow
n D
evel
opm
ent
Aut
hori
ty)
NO
TE
S T
O T
HE F
INA
NC
IAL
ST
AT
EM
EN
TS
- 31S
T D
EC
EM
BE
R, 2
009
- (co
nt.)
17.
OPE
RA
TIN
G P
RO
FIT
Ope
rati
ng p
rofi
t is
arri
ved
at a
fter
cre
diti
ng:
2009
2008
RM
RM
Div
iden
d in
com
e fr
om u
nquo
ted
shar
e of
a s
ubsi
diar
y...
......
......
...-
200,
000
Gai
n on
dis
posa
l of
prop
erty
, pla
nt a
nd e
quip
men
t...
......
......
...79
,704
-M
anag
emen
t fee
s...
......
......
......
......
......
489,
232
772,
067
Ren
tal i
ncom
e...
......
......
......
......
......
...3,
950,
760
3,02
9,33
8R
ever
sal o
f allo
wan
ce fo
r dim
inut
ion
in v
alue
......
......
......
...-
277,
082
Stat
e R
evol
ving
Fun
d w
ritte
n of
f...
......
......
......
......
2,28
9,56
8-
and
afte
r ch
argi
ng:
Allo
wan
ce fo
r dim
inut
ion
in v
alue
......
......
......
......
2,37
9,81
7-
Aud
itors
’ re
mun
erat
ion.
.....
......
......
......
......
...16
,105
16,1
05B
oard
mem
bers
’ re
mun
erat
ion
-ot
her
emol
umen
ts...
......
......
......
......
......
251,
964
227,
690
-st
udy
tour
......
......
......
......
......
......
22,0
6740
4,00
1D
epre
ciat
ion.
.....
......
......
......
......
......
...94
7,80
779
2,15
2L
oss
on d
ispo
sal o
f pr
oper
ty, p
lant
and
equ
ipm
ent
......
......
......
-64
,245
WARTA KERAJAAN NEGERI SABAH 1,32320 Jun 2013
LE
MB
AG
A P
EM
BA
NG
UN
AN
PE
RU
MA
HA
N D
AN
BA
ND
AR
(Hou
sing
and
Tow
n D
evel
opm
ent
Aut
hori
ty)
NO
TE
S T
O T
HE F
INA
NC
IAL
ST
AT
EM
EN
TS
- 31S
T D
EC
EM
BE
R, 2
009
- (co
nt.)
18.
TA
X E
XPE
NSE
2009
2008
RM
RM
Cur
rent
Tax
Exp
ense
-cu
rren
t yea
r...
......
......
......
......
......
...25
,672
52,0
00-
unde
r pr
ovis
ion
in p
rior
yea
r...
......
......
......
......
-3,
465
RM
25,6
72R
M55
,465
Rec
onci
liat
ion
of e
ffec
tive
tax
rate
:
Prof
it be
fore
taxa
tion
......
......
......
......
......
...3,
542,
005
3,69
6,86
7
Inco
me
tax
usin
g M
alay
sia
tax
rate
......
......
......
......
...92
0,92
196
1,18
5T
ax e
xem
pt in
com
e...
......
......
......
......
......
(1,1
49,6
16)
(1,1
58,7
17)
Non
-ded
uctib
le e
xpen
ses
- ot
hers
......
......
......
......
...25
4,36
735
0,54
5U
nabs
orbe
d ca
pita
l allo
wan
ce n
ow u
tilis
ed...
......
......
......
-(4
3,27
2)O
ther
item
s...
......
......
......
......
......
...-
(57,
741)
25,6
7252
,000
Und
er p
rovi
sion
in p
rior
yea
r...
......
......
......
......
-3,
465
Tax
exp
ense
......
......
......
......
......
......
RM
25,6
72R
M55
,465
WARTA KERAJAAN NEGERI SABAH 20 Jun 20131,324
LE
MB
AG
A P
EM
BA
NG
UN
AN
PE
RU
MA
HA
N D
AN
BA
ND
AR
(Hou
sing
and
Tow
n D
evel
opm
ent
Aut
hori
ty)
NO
TE
S T
O T
HE F
INA
NC
IAL
ST
AT
EM
EN
TS
- 31S
T D
EC
EM
BE
R, 2
009
- (co
nt.)
19.
EM
PLO
YE
ES
INFO
RM
AT
ION
2009
2008
RM
RM
Staf
f cos
ts...
......
......
......
......
......
...9,
571,
442
9,63
2,79
8
Incl
uded
in st
aff c
osts
of t
he A
utho
rity
is E
mpl
oyee
s Pro
vide
nt F
und
and
othe
r ret
irem
ent b
enef
its o
f RM
874,
864
(200
8: R
M88
4,21
9).
The
num
ber
of e
mpl
oyee
s of
the
Aut
hori
ty (
excl
udin
g di
rect
ors)
at t
he e
nd o
f th
e ye
ar w
as 1
87 (
2008
: 167
) re
spec
tivel
y.
20.
CO
NT
ING
EN
T L
IAB
ILIT
IES
The
Aut
hori
ty h
as e
xecu
ted
a th
ird
part
y ch
arge
ove
r its
dev
elop
men
t pr
oper
ties
in f
avou
r of
the
fin
anci
al i
nstit
utio
ns f
or b
anki
ngfa
cilit
ies
gran
ted
to c
ontr
acto
rs a
mou
ntin
g to
RM
84,3
33,3
68 (
2008
: RM
88,1
49,7
82).
WARTA KERAJAAN NEGERI SABAH 1,32520 Jun 2013
Lampiran A
LEMBAGA PEMBANGUNAN PERUMAHAN DAN BANDAR(Housing and Town Development Authority)
STATEMENT OF INCOME AND EXPENDITURE FOR THE YEAR ENDED31ST DECEMBER, 2009
2009 2008RM RM
INCOME
RevenueProfit from privatised projects ... ... ... ... 12,740,498 12,174,975Profit from developed properties ... ... ... 882,508 1,281,886
13,623,006 13,456,861
Other Operating IncomeDividend income ... ... ... ... ... ... - 200,000Gain on disposal of property, plant and equipment 79,704 -Management fees ... ... ... ... ... ... 489,232 772,067Other income ... ... ... ... ... ... ... 1,310,001 1,590,790Rental income ... ... ... ... ... ... 3,950,760 3,029,338Reversal of allowance for diminution in value ... - 277,082State Revolving Fund written off ... ... ... 2,289,568 -
8,119,265 5,869,277
Interest IncomeInterest charged to housing debtors ... ... ... 1,042,508 779,171Interest on advances/loans to contractors ... ... - 68,593Interest on fixed deposits and current accounts ... 573,247 990,745
Net profit for the year... ... ... ... ... ... RM3,516,333 RM3,641,402
Lampiran A
LEMBAGA PEMBANGUNAN PERUMAHAN DAN BANDAR(Housing and Town Development Authority)
STATEMENT OF INCOME AND EXPENDITURE FOR THE YEAR ENDED31ST DECEMBER, 2009 - (cont.)
2009 2008RM RM
WARTA KERAJAAN NEGERI SABAH 20 Jun 20131,328
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 1,330 to 1,362 are drawn upso as to give a true and fair view of the state of affairs of the Authority as at 31st December,2009 and of the results of its operations and cash flows for the year ended on that date.
On behalf of the Board,
YB DATUK RUBIN BALANG
(Chairman)
JENAR @ ZAINAL BIN LAMDAH
(General Manager)
Kota Kinabalu.
Date: 26th May, 2010.
WARTA KERAJAAN NEGERI SABAH 1,32920 Jun 2013
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 1,330 to1,362 are, to the best of my knowledge and belief, correct, and I make this solemn declarationconscientiously believing the same to be true and by virtue of the provisions of the StatutoryDeclarations Act, 1960.
Subscribed and solemnly declared bythe abovenamed CHIN SU ME at }Kota Kinabalu in the State of Sabah CHIN SU ME
on 27th May, 2010.
Before me,
DATUK CLAUDIUS ROMAN, J.P.,Pesuruhjaya Sumpah,
Malaysia.
Kota Kinabalu.
WARTA KERAJAAN NEGERI SABAH 20 Jun 20131,330
LEMBAGA PEMBANGUNAN PERUMAHAN DAN BANDAR(Housing and Town Development Authority)
LEMBAGA PEMBANGUNAN PERUMAHAN DAN BANDAR(Housing and Town Development Authority)
AND ITS SUBSIDIARIES
BALANCE SHEET AT 31ST DECEMBER, 2009 - (cont.)
CURRENT LIABILITIES
Trade payables ... 21,981,102 22,055,807 8,349,581 7,517,090Other payables and
accruals ... 34,509,482 37,841,270 40,081,521 36,911,120Amount due to
contractcustomers ... 13 878,149 808,806 - -
Provision ... ... 14 4,412,764 5,443,911 4,412,764 5,443,911Housing deposits... 1,482,098 689,810 1,482,098 689,810Bank overdrafts ... 15 397,652 1,729,691 - 1,729,691H i r e p u r c h a s e liabilities ... ... 16 50,004 141,108 - -State Government
loans ... ... 17 19,251,204 21,148,515 19,251,204 21,148,515Federal Government
Development properties ... (4,113,357) 5,628,085 (4,113,357) 5,628,085Amount due to a contract
customers... ... ... ... 69,343 1,644,025 - -Trade and other receivables 3,886,778 446,914 1,280,380 2,906,556Amount due from subsidiaries - - (1,229,419) 39,368Trade and other payables (4,942,308) (3,854,533) 3,703,673 (2,021,810)
Bank overdrafts ... (397,652) (1,729,691) - (1,729,691)
43,984,666 32,174,080 43,510,088 25,124,627
LEMBAGA PEMBANGUNAN PERUMAHAN DAN BANDAR(Housing and Town Development Authority)
AND ITS SUBSIDIARIES
CASH FLOW STATEMENT FOR THE YEAR ENDED
31ST DECEMBER, 2009 - (cont.)
2009 2008 2009 2008RM RM RM RM
Group Authority
WARTA KERAJAAN NEGERI SABAH 1,33920 Jun 2013
LEMBAGA PEMBANGUNAN PERUMAHAN DAN BANDAR(Housing and Town Development Authority)
AND ITS SUBSIDIARIESNOTES TO THE FINANCIAL STATEMENTS - 31ST DECEMBER, 2009
1. PRINCIPAL ACTIVITIES
The Authority is a State-owned agency and is governed by the Housing and TownDevelopment Authority Enactment, 1981. The principal activities of the Authority areto develop low cost housing and township projects, whilst the principal activities of thesubsidiaries are stated in Note 4. There has been no significant change in the nature ofthese activities during the financial year.
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
The following accounting policies are adopted by the Group and the Authority and areconsistent with those adopted in the previous years.
(a) Basis of accounting
The financial statements of the Group and the Authority are prepared on thehistorical cost basis and in compliance with applicable approved accountingstandards in Malaysia.
(b) Basis of consolidation
Subsidiaries are those enterprise controlled by the Authority. Control exists whenthe authority has the power, directly or indirectly, to govern the financial andoperating policies of an enterprise so as to obtain benefits from its activities. Thefinancial statements of subsidiaries are included in the consolidated financial state-ments from the date that control effectively commences until the date that controleffectively ceases. Subsidiaries are consolidated using the acquisition method ofaccounting.
Under acquisition method of accounting, the results of subsidiaries acquired or dis-posed of during the year are included from the date of acquisition or up to the date ofdisposal. At the date of acquisition, the fair values of the subsidiaries’ net assets aredetermined and these values are reflected in the Group financial statements. The dif-ference between acquisition cost and the fair value of the subsidiaries’ net assets isreflected as goodwill or negative goodwill as appropriate.
Intragroup transactions and balances and the result unrealised profits are eliminatedon consolidation. Unrealised losses resulting from intragroup transactions are alsoeliminated unless cost cannot be recovered.
(c) Property, plant and equipment
Property, plant and equipment are stated at cost or valuation less accumulateddepreciation and impairment losses, if any.
The Group revalues its property comprising land and building every 5 years and atshorter intervals whenever the fair value of the revalued assets is expected to dif-fer materially from their carrying value.
WARTA KERAJAAN NEGERI SABAH 20 Jun 20131,340
Surpluses arising from revaluation are dealt with in the property revaluation reserveaccount. Any deficit arising is offset against the revaluation reserve to the extent of aprevious increase for the same property. In all other cases, a decrease in carrying amountis charged to the income statement.
Property, plant and equipment retired from active use and held for disposal arestated at the carrying amount at the date when the asset is retired from active use,less impairment losses, if any.
(d) Depreciation
The straight line method is used to write off the cost of the following assets overthe term of their estimated useful lives at the following principal annual rates:
Long term leasehold land over 50 yearsBuildings 2%Motor vehicles 20%Plant and machinery 20%Office furniture, fittings and equipment 10% - 20%Renovation 10%Computer Software 20%
A long term leasehold land of the Group with an unexpired lease period of 75years at year end is not amortised. The non-amortisation does not have a materialeffect on the financial statements.
(e) Impairment
The carrying amounts of the Group’s assets, other than inventories and financialassets (other than investments in subsidiaries), are reviewed at each balance sheetdate to determine whether there is any indication of impairment. If any such indi-cation exists, the asset’s recoverable amount is estimated. An impairment loss isrecognised whenever the carrying amount of an asset or the cash-generating unitto which it belongs exceeds its recoverable amount. Impairment losses arerecognised in the income statement, unless the asset is carried at a revalued amount,in which case the impairment loss is charged to equity.
The recoverable amount is the greater of the asset’s net selling price and itsvalue in use. In assessing value in use, estimated future cash flows are discountedto their present value using a pre-tax discount rate that reflects current marketassessments of the time value of money and the risks specific to the asset. For an
LEMBAGA PEMBANGUNAN PERUMAHAN DAN BANDAR(Housing and Town Development Authority)
AND ITS SUBSIDIARIESNOTES TO THE FINANCIAL STATEMENTS - 31ST DECEMBER, 2009 - (cont.)
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - (cont.)
(c) Property, plant and equipment - (cont.)
WARTA KERAJAAN NEGERI SABAH 1,34120 Jun 2013
asset that does not generate largely independent cash inflows, the recoverableamount is determined for the cash-generating unit to which the asset belongs.
An impairment loss in respect of goodwill is not reversed unless the loss wascaused by a specific external event of an exceptional nature that is not expected torecur and subsequent external events have occurred that reverse the effect of thatevent.
In respect of other assets, an impairment loss is reversed if there has been a changein the estimates used to determine the recoverable amount.
An impairment loss is reversed only to the extent that the asset’s carrying amountdoes not exceed the carrying amount that would have been determined, netof depreciation or amortisation, if no impairment loss had been recognised. Thereversal is recognised in the income statement, unless it reverses an impairmentloss on a revalued asset, in which case it is taken to equity.
(f) Investment properties
Investment properties are treated as long term investments and are stated at cost.An allowance is made when the directors are of the view that there is a diminutionin their value which is other than temporary.
(g) Development properties
Land and development expenditure whereby significant development work hasbeen undertaken and is expected to be completed within the normal operatingcycle are classified as development properties. Development properties arestated at cost plus attributable profits less foreseeable losses, net of progressbillings. Cost includes cost of land, all direct building cost, and other relateddevelopment expenditure incurred during the period of development.
(h) Inventories of unsold houses
Inventories of unsold houses are stated at the lower of cost and net realisablevalue. Costs include apportioned land cost and development expenditureincurred.
(i) Revenue
(i) Property development
Profit from property development is recognised using the percentageof completion method. Where foreseeable losses are anticipated, fullprovision for these losses is made in the financial statements.
LEMBAGA PEMBANGUNAN PERUMAHAN DAN BANDAR(Housing and Town Development Authority)
AND ITS SUBSIDIARIESNOTES TO THE FINANCIAL STATEMENTS - 31ST DECEMBER, 2009 - (cont.)
Profit from property development undertaken by another developer on theGroup’s and Authority’s land is recognised using the percentage of completionmethod determined on the proportion of value of development units sold againsttotal saleable value and is calculated based on the Group’s and Authority’s en-titlement on properties sold by the developer.
(ii) Developed properties
Profit on developed properties is recognised when transfer of risks andrewards has been completed.
(iii) Privatised projects
Profit on privatised projects is recognised on an accrual basis based onstipulated fixed schedule.
(iv) Construction contracts
Revenue from fixed price construction contracts is recognised on thepercentage of completion method measured by reference to the percentageof contract costs incurred to date to estimated total contract costs.
When the outcome of a construction contract cannot be estimated reliably,revenue is recognised only to the extent of contract costs incurred that isprobable to be recoverable and contract costs are recognised as an expensein the period in which they are incurred.
An expected loss on a contract is recognised immediately in the incomestatement.
(v) Rental income and net insurance commission
Rental income is recognised on an accrual basis and net insurance com-mission is recognised when services are rendered.
(vi) Interest income and net insurance commission
Interest income is recognised in the income statement as it accrues, takinginto account effective yield on the asset.
(vii) Dividend income
Dividend income is recognised when the right to receive payment isestablished.
(viii) Project entitlements
The entitlements, pursuant to the agreement entered with the joint venturepartners, are recognised on accrual basis based on stipulated fixed schedule.
LEMBAGA PEMBANGUNAN PERUMAHAN DAN BANDAR(Housing and Town Development Authority)
AND ITS SUBSIDIARIESNOTES TO THE FINANCIAL STATEMENTS - 31ST DECEMBER, 2009 - (cont.)
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - (cont.)
(i) Revenue - (cont.)
WARTA KERAJAAN NEGERI SABAH 1,34320 Jun 2013
(j) Interest on borrowings
Interest on borrowings is charged against income and no part of the interest istreated as an inherent part of the total cost of property development.
(k) Provisions
A provision is recognised when it is probable that an outflow of resourcesembodying economic benefits will be required to settle a present obligation (legalor constructive) as a result of a past event and a reliable estimate can be made of theamount.
(i) Provision for repairs and maintenance on completed projects
Provision for repairs and maintenance is made at 5% of cost for low costhousing projects and 3% for all other projects upon their completion.
(l) Employee benefits
(i) Short term benefits
Wages, salaries, paid leave and sick leave, bonus and non-monetarybenefits are recognised in the year in which associated services are renderedby employees of the Group and of the Authority.
(ii) Defined contribution plans
Obligations for contributions to defined contribution plans are recognisedas an expense in the income statement as incurred. Other retirement benefitsare charged against income as and when paid.
(m) Government trust funds
Grants and Trust Funds received from the Federal and State Governments for thedevelopment of specific projects are utilised to meet the cost of developingthose projects. At the completion of the project, any excess Trust Fund isrefundable to the respective governments, while shortfalls are to be recoveredand shown as a debit balance in the respective fund.
(n) Investments
Long term investments in subsidiaries are stated at cost in the Authority, lessimpairment loss where applicable.
(o) Income tax
Tax on the profit or loss for the year comprises current and deferred tax. Incometax is recognised in the income statement except to the extent that it relates to itemsrecognised directly in equity, in which case it is recognised in equity.
Current tax expense is the expected tax payable on the taxable income for the year,using tax rates enacted or substantially enacted at the balance sheet date, and anyadjustment to tax payable in respect of previous years.
LEMBAGA PEMBANGUNAN PERUMAHAN DAN BANDAR(Housing and Town Development Authority)
AND ITS SUBSIDIARIESNOTES TO THE FINANCIAL STATEMENTS - 31ST DECEMBER, 2009 - (cont.)
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - (cont.)
WARTA KERAJAAN NEGERI SABAH 20 Jun 20131,344
Deferred tax is provided, using the liability method, on temporary differencesarising between the tax bases of assets and liabilities and their carrying amounts inthe financial statements. The amount of deferred tax provided is based on theexpected manner of realisation or settlement of the carrying amount of assets andliabilities, using tax rates enacted or substantially enacted at the balance sheet date.
A deferred tax asset is recognised only to the extent that it is probable that futuretaxable profits will be available against which the asset can be utilised.
(p) Cash and cash equivalents
Cash and cash equivalents consist of cash on hand, balances and deposits withbanks. For the purpose of the cash flow statement, cash and cash equivalents arepresented net of bank overdrafts and pledged deposits.
(q) Land held for property development
Land held for property development consist of land or such portions thereof on whichno development activities have been carried out or where development activities arenot expected to be completed within the Company’s normal operating cycle of 2 to 3years. Such land is classified as non-current asset and is stated at cost less accumulatedimpairment losses.
Land held for property development is reclassified as property development costsat the point when development activities have commenced and where it can bedemonstrated that the development activities can be within the Company’s normaloperating cycle of 2 to 3 years.
Cost of land held for property development comprise cost associated with the ac-quisition of land and all cost incurred sabsequent to the acquisition but prior toreclassification to property development costs on activities necessary to preparethe land for its intended use.
Cost associated with the acquisition of land includes the purchase price of the land,professional fee, stamp duties, commissions, conversion fees and other relevant levies.
(r) Hire purchase liabilities
The cost of property, plant and equipment acquired under hire purchase agreementis capitalised under property, plant and equipment and the corresponding
LEMBAGA PEMBANGUNAN PERUMAHAN DAN BANDAR(Housing and Town Development Authority)
AND ITS SUBSIDIARIESNOTES TO THE FINANCIAL STATEMENTS - 31ST DECEMBER, 2009 - (cont.)
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - (cont.)
(o) Income tax - (cont.)
WARTA KERAJAAN NEGERI SABAH 1,34520 Jun 2013
obligations are taken up as liabilities. Hire purchase interest is taken up in theincome statement on a sum-of-digits basis over the period of the hire pur-chase agreement.
Amount due to contract customers on construction contracts is stated at cost plusattributable profits less foreseeable losses and less progress billings. Cost includesall direct construction costs and other related costs. Where progress billings exceedthe aggregate amount due from contract customers plus attributable profits lessforeseeable losses, the net credit balance on all such contracts is shown under cur-rent liabilities as amount due to contract customers.
Receivables are carried at anticipated realisable value. Bad debts are written off inthe year in which they are identified. An estimate is made for doubtful debts basedon a review of all outstanding amounts at the year end.
Payables is stated at cost which is the fair value of the consideration to be paid inthe future for goods and services rendered.
LEMBAGA PEMBANGUNAN PERUMAHAN DAN BANDAR(Housing and Town Development Authority)
AND ITS SUBSIDIARIESNOTES TO THE FINANCIAL STATEMENTS - 31ST DECEMBER, 2009 - (cont.)
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - (cont.)
(s) Amount due to contract customers
(r) Hire purchase liabilities - (cont.)
(t) Receivables
(u) Payables
WARTA KERAJAAN NEGERI SABAH 20 Jun 20131,346
Cos
t/V
alua
tion
At 1
st J
anua
ry, 2
009
......
......
......
15,7
15,3
652,
934,
376
3,46
3,61
622
,113
,357
Add
ition
s...
......
......
......
...1,
485,
468
645,
362
577,
605
2,70
8,43
5D
ispo
sal
......
......
......
......
-(1
96,1
94)
(345
,811
)(5
42,0
05)
At 3
1st D
ecem
ber,
2009
......
......
......
17,2
00,8
333,
383,
544
3,69
5,41
024
,279
,787
Rep
rese
ntin
g ite
ms
at:
Cos
t...
......
......
......
...16
,900
,833
3,38
3,54
43,
695,
410
23,9
79,7
87V
alua
tion
......
......
......
......
300,
000
--
300,
000
At 3
1st D
ecem
ber,
2009
......
......
......
17,2
00,8
333,
383,
544
3,69
5,41
024
,279
,787
Dep
reci
atio
nA
t 1st
Jan
uary
, 200
9...
......
......
......
3,01
1,58
91,
813,
154
2,41
1,38
47,
236,
127
Cha
rge
for
the
year
......
......
......
...34
2,24
249
0,31
122
1,78
71,
054,
340
Dis
posa
l...
......
......
......
...-
(196
,192
)(1
0,91
6)(2
07,1
08)
At 3
1st D
ecem
ber,
2009
......
......
......
3,35
3,83
12,
107,
273
2,62
2,25
58,
083,
359
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
)A
ND
IT
S SU
BSI
DIA
RIE
S
NO
TE
S T
O T
HE F
INA
NC
IAL
ST
AT
EM
EN
TS
- 31S
T D
EC
EM
BE
R, 2
009
- (co
nt.)
3.P R
OPE
RT
Y, P
LA
NT
AN
D E
QU
IPM
EN
T
Gro
up
Mot
orve
hicl
es,
plan
t an
dm
achi
nery
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
WARTA KERAJAAN NEGERI SABAH 1,34720 Jun 2013
Net
Boo
k V
alue
At 3
1st D
ecem
ber,
2009
......
......
......
...13
,847
,002
1,27
6,27
11,
073,
155
16,1
96,4
28
At 3
1st D
ecem
ber,
2008
......
......
......
...12
,703
,776
1,12
1,22
21,
052,
232
14,8
77,2
30
Dep
reci
atio
n ch
arge
for
the
year
end
ed31
st D
ecem
ber,
200
8...
......
......
...31
2,53
329
1,41
723
2,01
883
5,96
7
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
)A
ND
IT
S SU
BSI
DIA
RIE
S
NO
TE
S T
O T
HE F
INA
NC
IAL
ST
AT
EM
EN
TS
- 31S
T D
EC
EM
BE
R, 2
009
- (co
nt.)
3.P R
OPE
RT
Y, P
LA
NT
AN
D E
QU
IPM
EN
T -
(con
t.)
Gro
up
Mot
orve
hicl
es,
plan
t an
dm
achi
nery
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
WARTA KERAJAAN NEGERI SABAH 20 Jun 20131,348
Cos
t/V
alua
tion
At 1
st J
anua
ry, 2
009
......
......
......
300,
000
5,03
5,84
310
,379
,522
15,7
15,3
65A
dditi
ons
......
......
......
......
-1,
485,
468
-1,
485,
468
At 3
1st D
ecem
ber,
2009
......
......
......
300,
000
6,52
1,31
110
,379
,522
17,2
00,8
33
Dep
reci
atio
nA
t 1st
Jan
uary
, 200
9...
......
......
......
16,9
0037
5,81
12,
618,
878
3,01
1,58
9C
harg
e fo
r th
e ye
ar...
......
......
......
4,22
513
0,42
620
7,59
134
2,24
2
At 3
1st D
ecem
ber,
2009
......
......
......
21,1
2550
6,23
72,
826,
469
3,35
3,83
1
Net
Boo
k V
alue
At 3
1st D
ecem
ber,
2009
......
......
......
278,
875
6,01
5,07
47,
553,
053
13,8
47,0
02
At 3
1st D
ecem
ber,
2008
......
......
......
283,
100
3,90
3,23
47,
760,
644
12,7
03,7
76
Dep
reci
atio
n ch
arge
for
the
year
end
ed31
st D
ecem
ber,
2008
......
......
......
4,22
510
0,71
720
7,59
131
2,53
3
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
)A
ND
IT
S SU
BSI
DIA
RIE
S
NO
TE
S T
O T
HE F
INA
NC
IAL
ST
AT
EM
EN
TS
- 31S
T D
EC
EM
BE
R, 2
009
- (co
nt.)
3.P R
OPE
RT
Y, P
LA
NT
AN
D E
QU
IPM
EN
T -
(con
t.)L
AN
D A
ND
BU
ILD
ING
S
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
<--
----
-At c
ost-
----
--->
Gro
up
WARTA KERAJAAN NEGERI SABAH 1,34920 Jun 2013
Cos
tA
t 1st
Jan
uary
, 200
9...
......
5,03
5,84
310
,379
,522
2,02
4,54
22,
574,
281
20,0
14,1
88A
dditi
ons
......
......
...1,
485,
468
-64
5,36
257
7,60
52,
708,
435
Dis
posa
ls...
......
......
--
(196
,194
)-
(196
,194
)
At 3
1st D
ecem
ber,
2009
......
...6,
521,
311
10,3
79,5
222,
473,
710
3,15
1,88
622
,526
,429
Dep
reci
atio
nA
t 1st
Jan
uary
, 200
9...
......
...37
5,81
12,
618,
878
1,19
5,74
82,
127,
287
6,31
7,72
4C
harg
e fo
r th
e ye
ar...
......
...13
0,42
620
7,59
140
1,00
920
8,78
194
7,80
7D
ispo
sals
......
......
...-
-(1
96,1
92)
-(1
96,1
92)
At 3
1st D
ecem
ber,
2009
......
...50
6,23
72,
826,
469
1,40
0,56
52,
336,
068
7,06
9,33
9
Net
Boo
k V
alue
At 3
1st D
ecem
ber,
2009
......
...6,
015,
074
7,55
3,05
31,
073,
145
815,
818
15,4
57,0
90
At 3
1st D
ecem
ber,
2008
......
...4,
660,
032
7,76
0,64
482
8,79
444
6,99
413
,696
,464
Dep
reci
atio
n ch
arge
for
the
year
end
ed31
st D
ecem
ber,
2008
......
...10
0,71
720
7,59
129
1,41
719
2,42
779
2,15
2
Mot
or v
ehic
les
Tot
al
Off
ice
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
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
)A
ND
IT
S SU
BSI
DIA
RIE
S
NO
TE
S T
O T
HE F
INA
NC
IAL
ST
AT
EM
EN
TS
- 31S
T D
EC
EM
BE
R, 2
009
- (co
nt.)
3.PR
OPE
RT
Y, P
LA
NT
AN
D E
QU
IPM
EN
T -
(con
t.)
Aut
hori
ty
WARTA KERAJAAN NEGERI SABAH 20 Jun 20131,350
(a)
Titl
e to
cer
tain
bui
ldin
gs o
f the
Aut
hori
ty w
ith c
ost o
f RM
8,84
1,23
0 (2
008:
RM
8,84
1,23
0) h
as y
et to
be
issu
ed.
(b)
The
long
term
leas
ehol
d la
nd o
f the
Gro
up a
re s
tate
d at
dir
ecto
rs’ v
alua
tion
in th
e ye
ar 2
005
of R
M30
0,00
0 ba
sed
on p
rofe
ssio
nal
valu
atio
ns m
ade
by C
H W
illia
ms
Tal
har
& W
ong
(Sab
ah)
Sdn.
Bhd
., a
com
pany
of
prof
essi
onal
val
uers
, usi
ng th
e co
mpa
riso
nm
etho
d.
(c)
Had
the
long
term
leas
ehol
d la
nd o
f the
Gro
up b
een
carr
ied
at h
isto
rica
l cos
t les
s ac
cum
ulat
ed d
epre
ciat
ion,
the
net b
ook
valu
e of
the
long
term
leas
ehol
d la
nd o
f the
Gro
up th
at w
ould
hav
e be
en in
clud
ed in
the
fina
ncia
l sta
tem
ents
at 3
1st D
ecem
ber 2
009
wou
ldbe
RM
235,
280
(200
8: R
M23
5,28
0).
(d)
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
48,3
74 (
2008
: RM
48,3
74).
(e)
Mot
or v
ehic
les
of th
e G
roup
with
net
boo
k va
lue
of R
M16
0,00
0 (2
008:
RM
160,
000)
is a
cqui
red
unde
r hir
e pu
rcha
se a
rran
gem
ent.
4.I N
VE
STM
EN
TS
IN S
UB
SID
IAR
IES
Unq
uote
d sh
ares
at c
ost
......
......
......
......
10,0
06,0
3010
,006
,030
Les
s: A
llow
ance
for d
imin
utio
n in
val
ue...
......
......
......
(2,5
88,3
41)
(208
,524
)
RM
7,41
7,68
9R
M9,
797,
506
LE
MB
AG
A P
EM
BA
NG
UN
AN
PE
RU
MA
HA
N D
AN
BA
ND
AR
(Hou
sing
and
Tow
n D
evel
opm
ent
Aut
hori
ty)
AN
D I
TS
SUB
SID
IAR
IES
NO
TE
S T
O T
HE F
INA
NC
IAL
ST
AT
EM
EN
TS
- 31S
T D
EC
EM
BE
R, 2
009
- (co
nt.)
3.P R
OPE
RT
Y, P
LA
NT
AN
D E
QU
IPM
EN
T -
(con
t.)
Aut
hori
ty
2009RM
2008RM
WARTA KERAJAAN NEGERI SABAH 1,35120 Jun 2013
The
pri
ncip
al a
ctiv
ities
of
the
subs
idia
ries
, th
eir
plac
es o
f in
corp
orat
ion
and
the
inte
rest
of
Lem
baga
Pem
bang
unan
Per
umah
an d
anB
anda
r are
as
follo
ws:
Nam
e of
Com
pany
Pri
ncip
al A
ctiv
itie
s
%%
Kua
la M
engg
atal
Prop
erty
dev
elop
men
t95
95 D
evel
opm
ent
Cor
pora
tion
Sdn.
Bhd
.*
Supe
rnes
a Sd
n. B
hd.*
Con
stru
ctio
n w
ork
unde
r co
ntra
ct a
nd10
010
0pr
oper
ty d
evel
opm
ent
Supe
rpan
el (
Saba
h) S
dn. B
hd.*
Hol
ding
of p
rope
rtie
s fo
r ren
tal,
100
100
prov
isio
n of
con
trac
t wor
ks a
ndre
late
d se
rvic
es a
nd in
sura
nce
agen
cy
* T
he a
udite
d fi
nanc
ial s
tate
men
ts a
s at 3
1st D
ecem
ber 2
009,
are
not
ava
ilabl
e an
d th
e fi
nanc
ial s
tate
men
ts o
f the
se su
bsid
iarie
s hav
e be
enco
nsol
idat
ed b
ased
on
man
agem
ent a
ccou
nts.
Lea
seho
ld la
nd, a
t cos
t...
......
......
......
...-
7,72
4,91
6D
evel
opm
ent e
xpen
ditu
re...
......
......
......
...-
--
RM
7,72
4,91
6
LE
MB
AG
A P
EM
BA
NG
UN
AN
PE
RU
MA
HA
N D
AN
BA
ND
AR
(Hou
sing
and
Tow
n D
evel
opm
ent
Aut
hori
ty)
AN
D I
TS
SUB
SID
IAR
IES
NO
TE
S T
O T
HE F
INA
NC
IAL
ST
AT
EM
EN
TS
- 31S
T D
EC
EM
BE
R, 2
009
- (co
nt.)
4.I N
VE
STM
EN
TS
IN S
UB
SID
IAR
IES
- (co
nt.)
5.L
AN
D H
EL
D F
OR
PR
OPE
RT
Y D
EV
EL
OPM
EN
T
Gro
up20
0920
08R
MR
M
Cou
ntry
of
Eff
ecti
veO
wne
rshi
pIn
tere
sts
Mal
aysi
a
Inco
rpor
atio
n
Mal
aysi
a
Mal
aysi
a
2009
2008
WARTA KERAJAAN NEGERI SABAH 20 Jun 20131,352
LE
MB
AG
A P
EM
BA
NG
UN
AN
PE
RU
MA
HA
N D
AN
BA
ND
AR
(Hou
sing
and
Tow
n D
evel
opm
ent
Aut
hori
ty)
AN
D I
TS
SUB
SID
IAR
IES
NO
TE
S T
O T
HE F
INA
NC
IAL
ST
AT
EM
EN
TS
- 31S
T D
EC
EM
BE
R, 2
009
- (co
nt.)
6.H
OU
SIN
G D
EB
TO
RS
2009
2008
Non
-Cur
rent
RM
RM
Low
cos
t hou
sing
......
......
......
......
......
...4,
680,
565
1,34
3,66
2L
ow c
ost s
hoph
ouse
s...
......
......
......
......
...1,
871,
648
1,71
6,58
4C
omm
erci
al h
ousi
ng...
......
......
......
......
...10
,837
,627
11,8
82,4
14C
omm
erci
al s
hoph
ouse
s...
......
......
......
......
2,50
8,69
12,
375,
290
Con
dom
iniu
m/f
lats
......
......
......
......
......
6,18
8,86
76,
198,
215
26,0
87,3
9823
,516
,165
Cur
rent
Low
cos
t hou
sing
......
......
......
......
......
...13
,647
,092
23,8
20,6
65
RM
39,7
34,4
90R
M47
,336
,830
7.I N
VE
STM
EN
T P
RO
PER
TIE
S
At y
ear e
nd, t
he ti
tles
to th
ese
prop
ertie
s of
the
Gro
up a
re s
till p
endi
ng th
e su
bdiv
isio
n of
the
title
.
8.I N
VE
NT
OR
IES
OF
UN
SOL
D H
OU
SES
Gro
up a
nd A
utho
rity
Inve
ntor
ies
of u
nsol
d ho
uses
of
RM
12,5
59,1
00 (
2008
: RM
3,24
1,10
0) a
re c
arri
ed a
t net
rea
lisab
le v
alue
.
Gro
up a
nd A
utho
rity
Gro
up
WARTA KERAJAAN NEGERI SABAH 1,35320 Jun 2013
9.T
RA
DE R
EC
EIV
AB
LE
S
2009
2008
RM
RM
Tra
de re
ceiv
able
s20
,946
,617
21,2
90,1
27L
ess:
Allo
wan
ce fo
r dou
btfu
l deb
ts(2
07,2
86)
(207
,286
)
20,7
39,3
3121
,082
,841
Incl
uded
in tr
ade
rece
ivab
les
of th
e G
roup
are
ret
entio
n m
onie
s of
RM
9,90
5,29
8 (2
008:
RM
9,90
5,29
8)
10.
OT
HE
R R
EC
EIV
AB
LE
S, D
EPO
SIT
S A
ND
PR
EPA
YM
EN
TS
Oth
er re
ceiv
able
s, d
epos
its a
nd p
repa
ymen
ts...
......
26,8
27,0
0528
,761
,332
26,3
34,9
0127
,615
,281
Les
s: A
llow
ance
for d
oubt
ful d
ebts
......
......
(8,3
93,1
01)
(8,3
93,1
01)
(8,3
66,3
11)
(8,3
66,3
11)
18,4
33,9
0420
,368
,231
17,9
68,5
9019
,248
,970
Incl
uded
in
othe
r re
ceiv
able
s, d
epos
its a
nd p
repa
ymen
ts o
f th
e G
roup
and
of
the
Aut
hori
ty a
re l
oans
to
empl
oyee
s am
ount
ing
to
RM
31,3
49 (
2008
: RM
49,2
76).L
EM
BA
GA
PE
MB
AN
GU
NA
N P
ER
UM
AH
AN
DA
N B
AN
DA
R(H
ousi
ng a
nd T
own
Dev
elop
men
t A
utho
rity
)A
ND
IT
S SU
BSI
DIA
RIE
S
NO
TE
S T
O T
HE F
INA
NC
IAL
ST
AT
EM
EN
TS
- 31S
T D
EC
EM
BE
R, 2
009
- (co
nt.)
2009
2008
2009
2008
RM
RM
RM
RM
Gro
up
Gro
upA
utho
rity
WARTA KERAJAAN NEGERI SABAH 20 Jun 20131,354
11.
AM
OU
NT D
UE F
RO
M/T
O S
UB
SID
IAR
IES
Aut
hori
tyT
he a
mou
nt d
ue fr
om s
ubsi
diar
ies
is u
nsec
ured
, int
eres
t fre
e an
d ha
s no
fixe
d te
rms
of re
paym
ent.
12.
F IX
ED
DE
POSI
TS
Dep
osits
are
pla
ced
with
:L
icen
sed
bank
s...
......
......
......
......
40,2
78,9
7221
,077
,511
39,4
28,9
7215
,336
,995
Incl
uded
in th
e fi
xed
depo
sits
are
:
(a)
An
amou
nt o
f R
M20
0,00
0 (2
008:
RM
200,
000)
of
the
Gro
up h
eld
unde
r lie
n by
lice
nsed
ban
ks to
sec
ure
the
over
draf
t and
ban
k
guar
ante
e fa
cilit
ies
gran
ted
to th
e su
bsid
iari
es (s
ee N
ote
15).
(b)
An
amou
nt o
f R
M6,
000,
000
(200
8: R
M6,
011,
309)
of
the
Gro
up a
nd o
f th
e A
utho
rity
hel
d on
lie
n by
a l
icen
sed
bank
for
the
over
draf
t fac
ilitie
s to
the
Aut
hori
ty (s
ee N
ote
15).
LE
MB
AG
A P
EM
BA
NG
UN
AN
PE
RU
MA
HA
N D
AN
BA
ND
AR
(Hou
sing
and
Tow
n D
evel
opm
ent
Aut
hori
ty)
AN
D I
TS
SUB
SID
IAR
IES
NO
TE
S T
O T
HE F
INA
NC
IAL
ST
AT
EM
EN
TS
- 31S
T D
EC
EM
BE
R, 2
009
- (co
nt.)
Gro
upA
utho
rity
2009
2008
2009
2008
RM
RM
RM
RM
WARTA KERAJAAN NEGERI SABAH 1,35520 Jun 2013
Con
trac
t cos
t inc
urre
d to
dat
e...
......
......
......
...-
-
Add
: Attr
ibut
able
pro
fits
......
......
......
......
...-
-
--
Les
s: P
rogr
ess
billi
ngs
......
......
......
......
...87
8,14
980
8,80
6
(RM
878,
149)
(RM
808,
806)
14.
P RO
VIS
ION
Bal
ance
at 1
st J
anua
ry, 2
009
......
......
......
......
......
5,44
3,91
1Pr
ovis
ion
mad
e du
ring
the
year
......
......
......
......
......
214,
446
Prov
isio
n us
ed d
urin
g th
e ye
ar...
......
......
......
......
...(3
42,9
64)
Prov
isio
n re
vers
ed d
urin
g th
e ye
ar...
......
......
......
......
...(9
02,6
29)
Bal
ance
at 3
1st D
ecem
ber,
2009
......
......
......
......
......
RM
4,41
2,76
4
LE
MB
AG
A P
EM
BA
NG
UN
AN
PE
RU
MA
HA
N D
AN
BA
ND
AR
(Hou
sing
and
Tow
n D
evel
opm
ent
Aut
hori
ty)
AN
D I
TS
SUB
SID
IAR
IES
NO
TE
S T
O T
HE F
INA
NC
IAL
ST
AT
EM
EN
TS
- 31S
T D
EC
EM
BE
R, 2
009
- (co
nt.)
Gro
up
Gro
up a
nd A
utho
rity
Rep
air
and
mai
nten
ance
RM
2009
RM
2008
RM
13.
AM
OU
NT D
UE
TO
CO
NT
RA
CT C
UST
OM
ER
S
WARTA KERAJAAN NEGERI SABAH 20 Jun 20131,356
LE
MB
AG
A P
EM
BA
NG
UN
AN
PE
RU
MA
HA
N D
AN
BA
ND
AR
(Hou
sing
and
Tow
n D
evel
opm
ent
Aut
hori
ty)
AN
D I
TS
SUB
SID
IAR
IES
NO
TE
S T
O T
HE F
INA
NC
IAL
ST
AT
EM
EN
TS
- 31S
T D
EC
EM
BE
R, 2
009
- (co
nt.)
15.
BA
NK
OV
ER
DR
AFT
S
The
ban
k ov
erdr
afts
of
the
Gro
up a
nd o
f th
e A
utho
rity
are
sec
ured
by
way
of
fixe
d de
posi
ts o
f R
M6,
000,
000
(200
8: R
M6,
211,
309)
and
RM
6,00
0,00
0 (2
008:
RM
6,01
1,30
9) h
eld
on li
en b
y th
e lic
ense
d ba
nks
resp
ectiv
ely
(see
Not
e 12
).
The
ban
k ov
erdr
afts
of t
he G
roup
and
of t
he A
utho
rity
are
sub
ject
to in
tere
st a
t 1.5
% (2
008:
1.5
%) p
er a
nnum
abo
ve th
e ba
nk’s
bas
ele
ndin
g ra
te re
spec
tivel
y.
Hir
e pu
rcha
se li
abili
ties
of th
e G
roup
is p
ayab
le a
s fo
llow
s:
Les
s th
an o
ne y
ear
...50
,004
-50
,004
141,
108
-14
1,10
8
Bet
wee
n on
e an
d fi
veye
ars
......
...53
,495
-53
,495
103,
499
-10
3,49
9
RM
103,
499
-R
M10
3,49
9R
M24
4,60
7-
RM
244,
607
The
hir
e pu
rcha
se c
redi
tor o
f the
Gro
up is
sub
ject
to fi
xed
inte
rest
of 4
.6%
- 9.
79%
(200
8: 4
.6%
- 9.
79%
) per
ann
um.
Pay
men
ts20
08P
rinc
ipal
2008
Inte
rest
2008
Pri
ncip
al20
09R
MR
MR
MR
MR
M
Inte
rest
2009
Pay
men
ts20
09R
MG
roup
Gro
up a
nd A
utho
rity
16.
HIR
E P
UR
CH
ASE
LIA
BIL
ITIE
S
WARTA KERAJAAN NEGERI SABAH 1,35720 Jun 2013
LE
MB
AG
A P
EM
BA
NG
UN
AN
PE
RU
MA
HA
N D
AN
BA
ND
AR
(Hou
sing
and
Tow
n D
evel
opm
ent
Aut
hori
ty)
AN
D I
TS
SUB
SID
IAR
IES
NO
TE
S T
O T
HE F
INA
NC
IAL
ST
AT
EM
EN
TS
- 31S
T D
EC
EM
BE
R, 2
009
- (co
nt.)
Stat
e G
over
nmen
t loa
ns -
uns
ecur
edC
urre
nt...
......
......
......
......
......
19,2
51,2
0421
,148
,515
Non
-cur
rent
......
......
......
......
......
...18
,822
,925
13,7
11,1
64
RM
38,0
74,1
29R
M34
,859
,679
Ter
ms
and
debt
s re
paym
ent s
ched
ule
Uns
ecur
ed S
tate
Gov
ernm
ent l
oans
-fix
ed ra
te 4
%...
......
...38
,074
,129
19,2
51,2
0440
4,13
81,
685,
411
16,7
33,3
76
Uns
ecur
ed S
tate
Gov
ernm
ent l
oans
-fi
xed
rate
4%
......
....
...34
,859
,679
21,1
48,5
1527
4,57
11,
261,
558
12,1
75,0
35
The
Sta
te G
over
nmen
t ha
s ap
prov
ed t
o w
rite
off
pro
gres
sive
ly S
tate
Gov
ernm
ent
loan
am
ount
ing
to R
M23
,071
,421
. A
n am
ount
of
RM
2,28
9,56
8 ha
s be
en w
ritte
n of
f du
ring
the
fina
ncia
l yea
r.
Gro
up a
nd A
utho
rity
2009
2008
Gro
up a
nd A
utho
rity
RM
2009
RM
2008
17.
S TA
TE
GO
VE
RN
ME
NT
LO
AN
S
1 to
2ye
ars
2 to
5ye
ars
Und
er1
year
RM
RM
RM
RM
RM
Tot
alO
ver
5Y
ears
WARTA KERAJAAN NEGERI SABAH 20 Jun 20131,358
LE
MB
AG
A P
EM
BA
NG
UN
AN
PE
RU
MA
HA
N D
AN
BA
ND
AR
(Hou
sing
and
Tow
n D
evel
opm
ent
Aut
hori
ty)
AN
D I
TS
SUB
SID
IAR
IES
NO
TE
S T
O T
HE F
INA
NC
IAL
ST
AT
EM
EN
TS
- 31S
T D
EC
EM
BE
R, 2
009
- (co
nt.)
Fede
ral G
over
nmen
t loa
ns -
uns
ecur
edC
urre
nt...
......
......
......
......
......
...19
,566
,679
15,2
55,3
30N
on-c
urre
nt...
......
......
......
......
......
...17
,554
,800
20,8
31,8
35
RM
37,1
21,4
79R
M36
,087
,165
Ter
ms
and
debt
s re
paym
ent s
ched
ule
The
loan
s in
tere
st is
pay
able
as
follo
ws:
Loa
ns f
or c
ondo
min
ium
s...
......
......
......
......
...4.
0% to
7.5
% p
er a
nnum
Loa
ns fo
r all
othe
r hou
sing
pro
ject
s...
......
......
......
...4.
0% p
er a
nnum
Uns
ecur
ed F
eder
al G
over
nmen
t loa
ns...
37,1
21,4
7919
,566
,679
3,41
2,50
01,
756,
582
12,3
85,7
18
Uns
ecur
ed F
eder
al G
over
nmen
t loa
ns...
36,0
87,1
6515
,255
,330
3,27
7,03
44,
555,
198
12,9
99,6
03
Gro
up a
nd A
utho
rity
Gro
up a
nd A
utho
rity
1 to
2ye
ars
2 to
5ye
ars
Und
er1
year
RM
RM
RM
RM
RM
Tot
alO
ver
5Y
ears
RM
2009
RM
2008
2009
2008
18.
FED
ER
AL
GO
VE
RN
ME
NT
LO
AN
S
WARTA KERAJAAN NEGERI SABAH 1,35920 Jun 2013
Stat
e G
over
nmen
t Hou
sing
Fun
d...
......
......
......
...34
,276
34,2
76St
ate
Fund
for N
ew T
owns
hip
......
......
......
......
1,24
6,03
31,
150,
977
Stat
e G
over
nmen
t Sub
sidi
es F
und.
.....
......
......
......
4,18
4,65
64,
148,
316
Stat
e G
over
nmen
t Age
ncy
Fund
s...
......
......
......
...1,
975,
942
1,95
2,15
7R
M7,
440,
907
RM
7,28
5,72
6
20.
MIN
OR
ITY
SH
AR
EH
OL
DE
RS’
INT
ER
EST
Thi
s co
nsis
ts o
f the
min
ority
sha
reho
lder
s’ p
ropo
rtio
n of
sha
re c
apita
l and
rese
rve
of a
sub
sidi
ary.
Prof
it fr
om p
riva
tised
pro
ject
s...
......
12,7
40,4
9812
,174
,975
12,7
40,4
9812
,174
,975
Prof
it fr
om s
ales
of c
ompl
eted
pro
pert
ies
...88
2,50
81,
281,
886
882,
508
1,28
1,88
6
Sale
s of
pro
pert
ies
and
deve
lopm
ent l
and
...12
,671
,874
36,0
83,6
89-
-
RM
26,2
94,8
80R
M49
,540
,550
RM
13,6
23,0
06R
M13
,456
,861
LE
MB
AG
A P
EM
BA
NG
UN
AN
PE
RU
MA
HA
N D
AN
BA
ND
AR
(Hou
sing
and
Tow
n D
evel
opm
ent
Aut
hori
ty)
AN
D I
TS
SUB
SID
IAR
IES
NO
TE
S T
O T
HE F
INA
NC
IAL
ST
AT
EM
EN
TS
- 31S
T D
EC
EM
BE
R, 2
009
- (co
nt.)
2008
2009
2008
RM
RM
RM
2009
RM
Gro
upA
utho
rity
Gro
up a
nd A
utho
rity
RM
2009
RM
2008
19.
GO
VE
RN
ME
NT
TR
UST
FU
ND
S
21.
RE
VE
NU
E
WARTA KERAJAAN NEGERI SABAH 20 Jun 20131,360
22.
OPE
RA
TIN
G P
RO
FIT
/(L
OSS
)
Div
iden
d in
com
e fr
om u
nquo
ted
shar
e of
a s
ubsi
diar
y...
--
-20
0,00
0G
ain
on d
ispo
sal o
f pr
oper
ty, p
lant
and
equ
ipm
ent
...79
,706
-79
,704
-M
anag
emen
t fee
s...
......
......
...48
9,23
277
2,06
748
9,23
277
2,06
7R
enta
l inc
ome
......
......
......
...3,
950,
760
3,02
9,33
83,
950,
760
3,02
9,33
8R
ever
sal o
f allo
wan
ce fo
r dim
inut
ion
in v
alue
......
-27
7,08
2-
277,
082
Stat
e R
evol
ving
Fun
d w
ritte
n of
f...
......
...2,
289,
568
-2,
289,
568
-
and
afte
r ch
argi
ng:
Allo
wan
ce fo
r dim
inut
ion
in v
alue
......
......
--
2,37
9,81
7-
Aud
itors
’ re
mun
erat
ion
......
......
......
16,1
0516
,105
16,1
0516
,105
Boa
rd m
embe
rs’
rem
uner
atio
n-
othe
r em
olum
ents
......
......
......
251,
964
227,
690
251,
964
227,
690
-st
udy
tour
......
......
......
......
22,0
6740
4,00
122
,067
404,
001
Dep
reci
atio
n...
......
......
......
1,05
4,34
083
5,96
794
7,80
779
2,15
2L
oss
on d
ispo
sal o
f pr
oper
ty, p
lant
and
equ
ipm
ent
...-
64,2
45-
64,2
45
LE
MB
AG
A P
EM
BA
NG
UN
AN
PE
RU
MA
HA
N D
AN
BA
ND
AR
(Hou
sing
and
Tow
n D
evel
opm
ent
Aut
hori
ty)
AN
D I
TS
SUB
SID
IAR
IES
NO
TE
S T
O T
HE F
INA
NC
IAL
ST
AT
EM
EN
TS
- 31S
T D
EC
EM
BE
R, 2
009
- (co
nt.)
2008
2009
2008
RM
RM
RM
2009
RM
Ope
rati
ng p
rofi
t is
arri
ved
at a
fter
cre
diti
ng:
Gro
upA
utho
rity
WARTA KERAJAAN NEGERI SABAH 1,36120 Jun 2013
Cur
rent
tax
expe
nse
......
......
......
175,
672
826,
746
25,6
7252
,000
Tax
atio
n un
der
prov
ided
in p
rior
yea
rs...
......
-3,
465
-3,
465
RM
175,
672
RM
830,
211
RM
25,6
72R
M55
,465
Rec
onci
liat
ion
of e
ffec
tive
tax
rate
:
(Los
s)/P
rofi
t bef
ore
taxa
tion
......
......
...(3
,545
,680
)5,
978,
921
3,54
2,00
53,
696,
867
Inco
me
tax
usin
g M
alay
sia
tax
rate
......
......
(921
,877
)1,
554,
519
920,
921
961,
185
Tax
exe
mpt
inco
me
......
......
......
(1,1
49,6
16)
(1,1
58,7
17)
(1,1
49,6
16)
(1,1
58,7
17)
Non
-ded
uctib
le e
xpen
ses
- ot
hers
......
......
2,24
7,16
547
4,21
625
4,36
735
0,54
5U
nabs
orbe
d ca
pita
l allo
wan
ce n
ow u
tilis
ed...
...-
(43,
272)
-(4
3,27
2)O
ther
item
s...
......
......
......
--
-(5
7,74
1)
175,
672
826,
746
25,6
7252
,000
Und
er p
rovi
sion
in p
rior
yea
rs...
......
...-
3,46
5-
3,46
5
Tax
exp
ense
......
......
......
...R
M17
5,67
2R
M83
0,21
1R
M25
,672
RM
55,4
65
LE
MB
AG
A P
EM
BA
NG
UN
AN
PE
RU
MA
HA
N D
AN
BA
ND
AR
(Hou
sing
and
Tow
n D
evel
opm
ent
Aut
hori
ty)
AN
D I
TS
SUB
SID
IAR
IES
NO
TE
S T
O T
HE F
INA
NC
IAL
ST
AT
EM
EN
TS
- 31S
T D
EC
EM
BE
R, 2
009
- (co
nt.)
2008
2009
2008
RM
RM
RM
2009
RM
Gro
upA
utho
rity
23.
TA
X E
XPE
NSE
WARTA KERAJAAN NEGERI SABAH
Staf
f cos
ts...
......
......
......
9,57
1,44
29,
632,
798
9,57
1,44
29,
632,
798
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
874,
864
(200
8: R
M88
4,21
9) a
nd R
M87
4,86
4 (2
008:
RM
884,
219)
.
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
rs w
as 1
87 (2
008:
167
) and
187
(200
8: 1
67)
resp
ectiv
ely.
25.
CO
NT
ING
EN
T L
IAB
ILIT
IES
The
Gro
up a
nd th
e A
utho
rity
has
exe
cute
d a
thir
d pa
rty
char
ge o
ver i
ts d
evel
opm
ent 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
con
trac
tors
am
ount
ing
to R
M84
,333
,368
(20
08: R
M88
,149
,782
).
LE
MB
AG
A P
EM
BA
NG
UN
AN
PE
RU
MA
HA
N D
AN
BA
ND
AR
(Hou
sing
and
Tow
n D
evel
opm
ent
Aut
hori
ty)
AN
D I
TS
SUB
SID
IAR
IES
NO
TE
S T
O T
HE F
INA
NC
IAL
ST
AT
EM
EN
TS
- 31S
T D
EC
EM
BE
R, 2
009
- (co
nt.)
2008
2009
2008
2009
RM
Gro
upA
utho
rity
24.
EM
PLO
YE
ES
INFO
RM
AT
ION
RM
RM
RM
20 Jun 20131,362
WARTA KERAJAAN NEGERI SABAH 1,36320 Jun 2013
PUBLIC NOTICE
No. 536 [No. MdI (SDK) 14841/2002 (NII 100/02)
AKTA KEBANKRAPAN, 1967
NOTIS MENGENAI DIVIDEN YANG DICADANGKAN
Nama Siberhutang: Rosemawati bte Hj. Adil
No. Kad Pengenalan: 710715-12-5656/H 0844646
Alamat: Peti Surat No. 2726,90730 Sandakan
Perihal: -
Mahkamah: Mahkamah Tinggi, Sandakan
No. Kebankrapan: S(29) 100 tahun 2002
Tarikh Akhir Menerima Bukti-bukti: 27 Jun 2013
Nama Pemegang Amanah: Ketua Pengarah Insolvensi, Malaysia
Alamat:Jabatan Insolvensi Malaysia,Cawangan Sandakan,Tingkat 5 dan 6, Menara Rickoh,Bandar Indah, Batu 4, Jalan Utara,Peti Surat No. 846, 90709 Sandakan.
Bertarikh: 6 Jun 2013.
PATRICK LAING NGAU,Pegawai Insolvensi Tinggi,
Ketua Cawangan,Jabatan Insolvensi Malaysia Cawangan Sandakan.
[No. MdI (SDK) 14841/2002 (NII 100/02)
BANKRUPTCY ACT, 1967
NOTICE OF INTENDED DIVIDEND
Debtor’s Name: Rosemawati bte Hj. Adil
NRIC No.: 710715-12-5656/H 0844646
Address: P. O. Box No. 2726,90730 Sandakan
Description: -
Court: High Court, Sandakan
Bankruptcy Number: S(29) 100 of 2002
WARTA KERAJAAN NEGERI SABAH 20 Jun 20131,364
Last Day of Receiving Proofs: 27th June, 2013
Name of Trustee: Director General of Insolvency, Malaysia
Address:
Department of Insolvency Malaysia,Sandakan Branch,Level 5 and 6, Menara Rickoh,Bandar Indah, Mile 4, North Road,P. O. Box No. 846, 90709 Sandakan.
Dated: 6th June, 2013.
PATRICK LAING NGAU,Senior Insolvency Officer,
Head of Branch,Department of Insolvency Malaysia Sandakan Branch.
Kadar langganan berikut bagi Warta Kerajaan Negeri Sabah yang berkuatkuasa mulai daripada 1 Januari 2013 adalah diterbitkan untuk makluman Umum:
KADAR LANGGANAN UNTUK TAHUN 2013
Warta Kerajaan termasuk tambahan-tambahan:- (Tidak termasuk Tambahan Tanda Perdagangan)
RMLangganan Tahunan di dalam Malaysia ... ... 120.00Langganan Tahunan di luar Malaysia ... ... ... 180.00Tambahan Tanda Perdagangan (untuk satu keluaran) 2.40
Sesuatu naskhah Warta Kerajaan, Tambahan-tambahan, RangUndang-undang, Laporan Dewan Undangan Negeri,Pekeliling dan lain-lain.
Tidak lebih daripada 8 muka ... ... ... ... 1.80
Tidak lebih 9 hingga 16 muka ... ... ... ... 2.40
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 2012 (dijilid dengan Kulit Keras) ... ... RM 42.00
PUBLIC NOTICE - (cont.)
BANKRUPTCY ACT, 1967 - (cont.)
WARTA KERAJAAN NEGERI SABAH 1,36520 Jun 2013
Kadar-kadar di atas adalah termasuk belanja Pos biasa (mel laut)
Pengiriman Wang hendaklah dialamatkan kepada Pencetak Kerajaan, JabatanCetak Kerajaan, Kota Kinabalu, Sabah. Cek dan Wang Pos hendaklah dibuatpembayarannya kepada Pencetak Kerajaan, Jabatan Cetak Kerajaan, dan dipalang“& Co”.
Untuk Makluman(1) Pelanggan bagi Warta Kerajaan Negeri dan terbitan-terbitan Kerajaan lain seperti
Laporan Tahunan, Laporan Jabatan dan sebagainya hendaklah dialamatkankepada Pencetak Kerajaan, Jabatan Cetak Kerajaan, Km. 4, Jalan Tuaran, BegBerkunci 2004, 88554 Kota Kinabalu.
(2) Pelanggan-pelanggan yang hendak mendapatkan Warta Kerajaan Persekutuanhendaklah memohon terus kepada Percetakan Nasional Malaysia Berhad, JalanChan Sow Lin, 50554 Kuala Lumpur.
________________________________________________________________________DICETAK OLEH PENCETAK KERAJAAN,
DATUK HAJI SALSIDU BIN HAJI IBRAHIM, P.G.D.K., K.M.N., J.P., JABATAN CETAK KERAJAAN,SABAH, MALAYSIA.