Page 128 - KPJ_2011

Directors’ Report
The directors have pleasure in presenting their report together with the audited financial statements of the Group and of
the Company for the financial year ended 31 December 2011.
Principal activities
The principal activities of the Company are investment holding and provision of management services to subsidiaries.
The principal activities of the subsidiaries are mainly the operation of specialist hospitals.
The details of the principal activities of the subsidiaries are set out in Note 16 to the financial statements.
There were no significant changes in the nature of these activities during the financial year ended 31 December 2011,
other than the additional activity of providing retirement village and aged care services arising from the acquisition of Jeta
Gardens Waterford Trust in Australia as disclosed in Note 16(b)(iv) to the financial statements.
Results
There were no material transfers to or from reserves or provisions during the financial year other than as disclosed in the
financial statements.
In the opinion of the directors, the results of the operations of the Group and of the Company during the financial year
were not substantially affected by any item, transaction or event of a material and unusual nature, other than the inclusion
of the share of post acquisition accumulated fair value adjustments in relation to investments of an associated company
as referred to in Note 17 to the financial statements.
Dividends
The amount of dividends paid and declared by the Company since 31 December 2010 were as follows:
In respect of the financial year ended 31 December 2010:
Fourth interim gross dividend of 5.0 sen per share on 565,821,150 ordinary shares,
less 25% tax, paid on 15 April 2011 21,218
In respect of the financial year ended 31 December 2011:
First interim gross dividend on 568,306,400 ordinary shares, declared on
16 June 2011 and paid on 29 July 2011 of:
i. 0.4 sen per share, less 25% tax 1,705
ii. 2.0 sen per share, single tier 11,366
Second interim single tier dividend of 2.5 sen per share on 579,773,114
ordinary shares, declared on 15 August 2011 and paid on 14 October 2011 14,494
Third interim single tier dividend of 2.5 sen per share on 584,905,160
ordinary shares, declared on 29 November 2011 and paid on 13 January 2012 14,623
63,406
RM’000
Group Company
RM’000 RM’000
Profit net of tax 154,259 81,669
Profit attributable to:
Owners of the Company 143,670 81,669
Non-controlling interests 10,589 -
154,259 81,669
123 ANNUAL REPORT 2011