Statement of Value Added & Distribution



Value added is a measure of wealth created. The statement shows the Group’s value added for 2018 and 2017 and its distribution by way of payments to employees, governments and capital providers, with the balance retained in the Group for future reinvestment and growth.

# Dividends in respect of financial year ended 31 March 2017 were paid on 19 July 2017.

* Dividends in respect of financial year ended 31 March 2016 were paid on 13 July 2016.

  31.3.2018
RM'000
31.3.2017
RM'000
VALUE ADDED
Revenue 747,217 753,711
- Purchase of goods & services (372,101) (331,830)
Total value added 375,116 421,881
 
DISTRIBUTION
To employees
- Employee benefits expense 144,787 133,442
To governments
- Income tax expense 33,249 51,976
- Sabah sales tax 24,514 27,814
- MPOB cess 2,019 1,949
- Windfall Profit Levy - 310
To providers of capital
- Dividends 61,641* 44,029*
- Finance cost
  • Interest expense
    23,096 16,592
    • Foreign exchange differences on borrowings
      23,460 1,364
      • Adjustment to long term receivables under FS 139
        - 5,865
        - Non controlling interests (2,591) 1,458
        Retained for future reinvestment & growth 64,941 137,082
        Total distribution 375,116 421,881
         
        RECONCILIATION
        Profit for the year 46,645 115,080
        Add: Depreciation & amortisation of leasehold land 79,937 66,031
        Finance cost
        - Interest costs 23,096 16,592
        - Foreign exchange differences on borrowings 23,460 1,364
        - Adjustment to long term receivables under FRS 139 - 5,865
        Employee benefits expense 144,787 133,442
        Income tax expenses 33,249 51,976
        Sabah sales tax 24,514 27,814
        MPOB cess 2,019 1,949
        Windfall profit levy - 310
        Non-controlling inteests (2,591) 1,458
        Total value added 375,116 421,881