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167

notes to the

financial statements

FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2010 (cont’d)

36 CASH AND CASH EQUIVALENTS

Group Company 2010 2009 2010 2009 RM’000 RM’000 RM’000 RM’000

Deposits, cash and bank balances (Note 28) 197,118 143,864 13,593 10,191 Less: Bank overdrafts (Note 31) (18) (15) 0 0 Less: Pledged fxed deposits (Note 28) (5,299) (1,651) 0 0

Cash and cash equivalents 191,801 142,198 13,593 10,191

37 NON-CASH TRANSACTIONS

The principal non-cash transactions during the fnancial year are as follows;

(i) The acquisition of property, plant and equipment of which RM6,116,532 (2009: RM2,883,000) is by means of hire purchase and

fnance lease.

(ii) During the year, the disposal of KPJ Tawakkal Specialist Hospital’s new building for a total consideration of RM109.09 million,

which was satisfed by issuance of RM58.71 million new units of shares of Al-‘Aqar KPJ REIT at RM0.95 each and cash consideration of RM50.38 million. The disposal resulted in gain on disposal of RM290,000.

(iii) In previous fnancial year, the disposal of land and buildings in Seremban Specialist Hospital Sdn Bhd, Taiping Medical Centre

Sdn Bhd, Puteri Nursing College Sdn Bhd, Pusat Pakar Tawakal Sdn Bhd, Kota Kinabalu Specialist Hospital Sdn Bhd, Bukit Mertajam Specialist Hospital Sdn Bhd and Penang Specialist Hospital Sdn Bhd (fka Prai Specialist Hospital Sdn Bhd) for a total cash consideration of RM189.50 million, which was satisfed by issuance of RM58.16 million new units of shares of Al-‘Aqar KPJ REIT at RM0.95 each and cash consideration of RM131.34 million. The disposal resulted in gain on disposal of RM5.40 million and the realisation of revaluation reserve of RM3.11 million.

38 SIGNIFICANT RELATED PARTY DISCLOSURES

In addition to the related party disclosures elsewhere in the fnancial statements, set out below are other signifcant related party transactions and balances. The related party transactions described below were carried out on terms, conditions and prices obtainable in transactions with unrelated parties.

(a) Signifcant related party transactions

Type of transactions Company 2010 2009 RM’000 RM’000

Paid/payable to/(received/receivable from)

subsidiaries

Ampang Puteri Specialist Hospital Sdn Bhd Management fees (2,676) (2,559) Advances received 1,829 (3,818) Dividend received (net) (5,000) (7,500) Interest expense 1,063 1,121

Bukit Mertajam Specialist Hospital Sdn Bhd Management fees (15) (291) Interest income 0 (277) Advances received 0 (4,609) Interest on advances given (22) (277) Repayment of advances 0 (7,942) Advances given 0 2,890