LAPORAN KETUA AUDIT NEGARA

The financial statements of the Fund have been prepared under the historical cost convention unless otherwise disclosed in the financial statements to comply with the applicable Approved

Accounting Standards in Malaysia.

The financial statements are presented in Ringgit Malaysia.

3430

[5hb Nov. 2015 2.

3 Registered office and principle place of business Jalan Jubilee Off Jalan Loke Yew,

55200 Kuala Lumpur.

As at

Addition

Disposal

Net Book

1-1-2014

Value as at

31-12-2014

Cost

Electrical equipment 11,675

—

—

11,675

Fencing and gas oven 6,227

—

—

6,227

Furniture and office 32,305

—

—

32,305

equipment

Land and building 112,095

—

—

112,095

Motor vehicle 48,000

—

—

48,000

Renovation 375,150

—

—

375,150

Signboard lawnmover 7,055

—

—

7,055

fan and box

—————

—————

—————

—————

592,507

—

—

592,507

—————

—————

—————

—————

Accumulated

Depreciation

Electrical equipment 7,324 436

—

7,760

Fencing and gas oven 5,290 187

—

5,477

Furniture and office 14,866 1,744

—

16,610

equipment

Land and building 80,064 1,602

—

81,666

Motor vehicle 35,627 2,475

—

38,102

Renovation 151,829 22,330

—

174,159

Signboard lawnmover 4,647 242

—

4,889

fan and box

—————

—————

—————

—————

299,647 29,016

—

328,663

—————

—————

—————

—————

3432

[5hb Nov. 2015

2014 2013

Carrying Amounts

Electrical equipment 3,915 4,351

Fencing and gas oven 751 937

Furniture and office equipment 15,695 17,439

Land and building 30,429 32,031

Motor vehicle 9,898 12,373

Renovation 200,991 223,321

Signboard lawnmover fan and box 2,167 2,408

—————

—————

263,846 292,860

—————

—————

No title has been issued on the land. According to Land Office, the land gazetted for use of the

Home was made in 1941 under Gazette Notice No. 554 by way of Enactment No 5 of 1937.

2014 2013

List of payment:

Construction cost 973,963 126,438

Consultancy fee 16,024 12,208

Drawing fee 5,000 5,000

Printing and stationery 1,850 1,850

Processing fee 1,152

—

Submission fee (DBKL)

8,235 8,235

Sundry expenses 1,150 1,002

—————

—————

1,007,374 154,733

—————

—————

Quoted Share Quoted Shares

Unit Trust

Total

& warrants outside in Malaysia in Malaysia

Malaysia

Cost–2014

As at 1 January 2014 800,990 249,301 450,485 1,500,776

Additions

—

—

—

—

Capital repayment

—

—

—

—

Disposal

—

—

—

—

—————

—————

—————

—————

As at 31 December 2014 800,990 249,301 450,485 1,500,776

—————

—————

—————

—————

Market value/Manager’s

Price

As at 31 December 2014 1,149,155 669,440 636,283 2,454,878

—————

—————

—————

—————

Cost–2013

As at 1 January 2013 795,365 249,301 409,237 1,453,903

Additions 5,625

—

41,248 46,873

Capital repayment

—

—

—

—

Disposal

—

—

—

—

—————

—————

—————

—————

As at 31 December 2013 800,990 249,301 450,485 1,500,776

—————

—————

—————

—————

5hb Nov. 2015]

3433

Market value/Manager’s

Price

As at 31 December 2013 1,141,976 249,301 635,137 2,026,414

—————

—————

—————

—————

2014 2013

Deposits 1,354 1,354

—————

—————

1,354 1,354

—————

—————

OCBC Bank (Malaysia) Berhad—701-117372-3 142,040 82,789

OCBC Bank (Malaysia) Berhad—701-117373-1 18,428 4,274

Cash in hand 718 2,000

—————

—————

161,186 89,063

Public Bank Berhad-Residents a/c—3134286519 9,845 16,748

(Note 11)

—————

—————

171,031 105,811

—————

—————

OCBC Bank (Malaysia) Berhad–701-121303-2 109,573 100,758

—————

—————

109,573 100,758

—————

—————

The Development Fund is for the purpose of construction of a Day Care Centre for senior citizens (as mentioned in Note 5), the funding of which would be from donations.

2014 2013

Accruals 22,781 12,736

—————

—————

22,781 12,736

—————

—————

Public Bank Berhad-Residents a/c–3134286519 (Note 8)

9,845 16,748

Fixed deposits–Residents account 399,932 386,401

—————

—————

409,777 403,149

—————

—————

Quoted Share Quoted Shares

Unit Trust

Total

& warrants outside in Malaysia in Malaysia

Malaysia

3434

[5hb Nov. 2015

2014 2013

Cash and bank balances (Note 8)

171,031 105,811

Development fund account—OCBC Bank 109,573 100,758

Fixed deposits with licensed banks 3,749,768 4,381,970

—————

—————

4,030,372 4,588,539

—————

—————

Certain prior year’s figures have been reclassified to conform with current year’s presentation.

SCHEDULE OF ADMINISTRATION EXPENSES FOR THE YEAR

2014 2013

Accounting fees

—

4,270

Advertisement 136 136

Astro charges 53

—

Audit fee 5,207 2,063

Audit confirmation charges 130

—

Bank charges 74 383

Bonus 3,781 4,503

Chinese New Year dinner 1,078

—

Contract wages 35,772 35,800

Daily wages and salaries 29,345 26,653

Depreciation of property, plant and equipment 29,016 32,515

E.P.F. contributions 4,491 4,702

Electrical repairs

—

3,650

Electricity and water 13,452 10,247

Fire extinguisher

—

160

Gas 1,582 2,046

Gazette notice 2,640

—

Gifts

—

4,200

Insurance 2,428 1,078

Management fee-HL Investsafe

—

2,319

Medical fees 781 159

Messing 65,333 67,514

New Year Lunch expenses

—

1,050

Petrol 80

—

Postage and courier 512

—

Printing and stationery 1,642 4,803

Replacement of kitchen utensils 459 1,289

Road tax and insurance 611 628

Secretarial and filing fees 6,120 5,500

Senior Citizen Day expenses

—

12,500

SOCSO contributions 435 443

Sundry expenses 5,911 2,830

Sundry repairs 2,745 15,289

Tax filing fee 212 424

Telephone charges 1,803 1,680

Travelling expenses 189 1,128

Upkeep of buildings 1,212

—

Upkeep of furniture and fitting 120

—

Upkeep of garden 4,600 3,700

Upkeep of motor vehicles 429

—

—————

—————

222,379 253,662

—————

—————

5hb Nov. 2015]

3435

SCHEDULE OF DIVIDEND RECEIVED FOR THE YEAR

Date

Gross

Tax on

Net

Dividend

Dividend

Dividend

MALAYSIAN DIVIDENDS

Berjaya Sports Toto Berhad 28-1-2014 2,957.10

—

2,957.10

British American Tobacco 27-3-2014 2,730.00

—

2,730.00

(Malaysia) Berhad

British American Tobacco 28-5-2014 2,625.00

—

2,625.00

(Malaysia) Berhad

Malaysian Pacific Industries 6-6-2014 800.00

—

800.00

Berhad

Axiata Group Berhad 19-6-2014 7,875.00

—

7,875.00

Telekom Malaysia Berhad 23-6-2014 2.34

—

2.34

Berjaya Sports Toto Berhad 8-8-2014 3,530.17

—

3,530.17

British American Tobacco 29-8-2014 2,730.00

—

2,730.00

(Malaysia) Berhad

Berjaya Sports Toto Berhad 16-10-2014 2,773.71

—

2,773.71

Axiata Group Berhad 24-10-2014 4,500.00

—

4,500.00

Genting Berhad 27-10-2014 150.00

—

150.00

Telekom Malaysia Berhad 29-10-2014 2,446.91

—

2,446.91

British American Tobacco 27-11-2014 2,730.00

—

2,730.00

(Malaysia) Berhad

Malaysian Pacific Industries 12-12-2014 560.00

—

560.00

Berhad

FOREIGN DIVIDENDS

OCBC Bank 10-7-2014 27,346.56

—

27,346.56

OCBC Bank 3-12-2014 29,737.76

—

29,737.76

—————

—————

—————

93,494.55

—

93,494.55

—————

—————

—————

LIST OF INVESTMENTS FOR THE YEAR ENDED 31 DECEMBER 2014

Date

Name of

Company

Nominal

Value of

Shares

Holdings as at 31-12-2014

Market

Price as at 31-12-2014

Market

Value as at 31-12-2014

No. of

Shares

(Unit)

Cost

(Including brokers commission)

29-9-2014

British

American

Tobacco

(Malaysia)

Berhad 46.50 900 42,201.69 46.00 900 41,748.36 45.50 1,700

—————

78,000.39 3,500

—————

65.10 227,850.00 15-10-2003

Berjaya

Sports Toto

Berhad 4.32 15,000 57,844.52

3436

[5hb Nov. 2015

Date

Name of

Company

Nominal

Value of

Shares

Holdings as at 31-12-2014

Market

Price as at 31-12-2014

Market

Value as at 31-12-2014

No. of

Shares

(Unit)

Cost

(Including brokers commission)

24-1-2005 4.01 12,000 42,525.09 2-12-2003 4.02 13,000 46,199.73 27-10-2005 4.16 5,000 20,974.92

Bonus 3,214

Capital repayment

(22,500.00)

17-1-2013

Treasury shares 1,071

—————

49,285

—————

3.51 172,990.35 4-2-2004

Malaysian

Pacific

Industries

Berhad 17.3588 1,700 29,758.34 5-2-2004 17.2586 2,900 50,471.31 25-5-2004 15.7333 1,500 23,798.59 19-11-2004 14.7000 1,900

—————

28,164.69 8,000

—————

4.53 36,240.00 12-4-2004

Genting

Berhad 17.40 1,000 17,546.26 13-5-2004 15.50 1,000 15,630.70 19-5-2004 14.80 1,000 14,924.52 4-1-2007

Bonus share 12,000

—————

15,000

—————

8.87 133,050.00 20-12-2013

Genting

Berhad–

Warrant

Expired on 18-12-2018

—

3,750 5,625.00 2.79 10,462.50 30-6-2007

Telekom

Malaysia

Berhad 11.43 25,000 285,106.11 19-6-2009

Capital repayment

(24,500.00)

16-6-2011

Capital repayment

(7,250.00)

27-8-2012

Capital repayment

—————

(7,500.00)

25,000

—————

6.88 172,000.00

5hb Nov. 2015]

3437

Date

Name of

Company

Nominal

Value of

Shares

Holdings as at 31-12-2014

Market

Price as at 31-12-2014

Market

Value as at 31-12-2014

No. of

Shares

(Unit)

Cost

(Including brokers commission)

28-4-2008

Axiata

Group

Berhad (TM

International)

1.0888 25,000 27,219.63 7.05 176,250.00 24-4-2009

Axiata

Group

Berhad 1.1200 31,250 35,000.00 7.05 220,312.50

UNIT TRUST (MALAYSIA)

CIMB

Principal

Equity Fund 0.9334 214,285.72 200,000.00 1.0566 28,392.96 30,000.00 22-10-2001

Bonus 12,133.93

—

5-4-2005 0.8791 25,657.65 22,555.64 2-5-2006 0.8583 11,570.23 9,930.74 5-3-2007 0.9274 14,494.45 13,442.15 13-8-2007 1.0890 13,045.27 14,206.30 9-9-2009 0.9908 15,485.84 15,343.38 25-4-2011 1.2902 28,099.35 36,253.78 9-2-2012 1.2626 25,815.78 32,595.00 22-11-2012 1.2539 27,840.99 34,909.82 7-11-2013 1.3501 30,551.93 41,248.17 17-11-2014

Reinvested 1.3659 33,528.94

—

—————

480,903.04

—————

636,282.81

SINGAPORE SHARES

8-7-2003

OCBC Ltd.

7.7906 64,000 249,301.16 10.46 669,440.00

—————

1,500,775.99

—————

—————

2,454,878.16

—————

Hakcipta Pencetak

H atau sebaliknya tanpa mendapat izin daripada Percetakan Nasional Malaysia Berhad (Pencetak kepada Kerajaan Malaysia yang dilantik).

KUALA LUMPUR