76
FRONTKEN CORPORATION BERHAD
(651020-T)
ANNUAL REPORT 2014
NOTES TO THE
FINANCIAL STATEMENTS
(cont’d)
4.
OPERATING SEGMENTS (CONT’D)
Other significant non-cash expenses/(income) consists of the following:-
The Group
2014
2013
RM
RM
Allowance for impairment losses on
- Plant and equipment
963,857
–
- Receivables
823,534
1,199,949
- Inventories
937,972
–
Bad debts written off
427,195
1,421,170
Unrealised loss on foreign exchange - net
–
389,365
Property, plant and equipment written off
325,553
149,714
Loss on disposal of asset held for sale
–
134,425
Loss on disposal of property, plant and equipment
756,827
–
4,234,938
3,294,623
Writeback of allowance for impairment losses on trade receivables
(148,158)
(361,136)
Unrealised gain on foreign exchange - net
(1,215,953)
–
Gain on disposal of property, plant and equipment
–
(55,727)
(1,364,111)
(416,863)
Major customers
Revenue from one major customer, with revenue equal or more than 10% of the Group’s revenue, amounted
to RM87,127,641 (2013: Nil).
5.
REVENUE
The Group
The Company
2014
2013
2014
2013
RM
RM
RM
RM
Provision of services
123,253,851 151,565,176
–
–
Contract customers
93,886,515 25,201,256
–
–
Sale of goods
92,704,750 13,845,005
–
–
Dividend income from subsidiaries
–
–
3,694,760
1,613,447
Management fee from subsidiaries
–
–
32,000
14,400
309,845,116 190,611,437
3,726,760
1,627,847
