Interim Financial Report

PLENITUDE BHD
(Company No : 531086-T)
(Incorporated in Malaysia)

A. NOTES TO THE UNAUDITED INTERIM REPORT FOR THE FINANCIAL
PERIOD ENDED 30 SEPTEMBER 2003

Basis of preparation

The interim financial report has been prepared in compliance with MASB 26, Interim Financial Reporting.

The interim financial report should be read in conjunction with the audited financial statements of the Group for the year ended 30 June 2003.

The accounting policies and methods of computation adopted by the Group in this interim financial report are consistent with those adopted in the financial statements for the year ended 30 June 2003.

Qualified audit report

There were no audit qualifications on the annual financial statements for the year ended 30 June 2003.

Seasonal or cyclical factors

The business operations of the Group during the financial period under review have not been materially affected by any seasonal or cyclical factors.

Unusual items affecting assets, liabilities, equity, net income or cash flows

There were no unusual items for the financial period ended 30 September 2003.

Changes in estimates

There were no material changes in estimates for the financial period ended 30 September 2003.

Debts and equity securities

There were no issuances, cancellations, repurchases, resale and repayments of debt and equity securities.

Dividends paid

No final dividend was declared in respect of the previous financial year ended 30 June 2003.

Segmental Reporting

The segmental analysis for the period ended 30 September 2003 is as follow :

Analysis by Activity
	Revenue RM'000	Profit / (Loss) Before Taxation RM'000
Property Development	34,206	9,775
Hotel	1,211	274
Other Operations	166	(180)

	35,583	9,869
Interest Income	-	279
Interest Expenses	-	-

	35,583	10,148

The financial information by geographical location is not presented as the Group’s activities are conducted in Malaysia.

Valuation of property, plant and equipment

Valuation of property, plant and equipment have been brought forward, without amendment from the previous annual financial statements.

10.

Material Events subsequent to the End of Period

There were no material events subsequent to the end of the financial period reported that have not been reflected in the financial statement for the said period.

11.

Changes in the Composition of the Group

There were no changes to the composition of the Group since the financial year ended 30 June 2003.

12.

Contingent Liabilities

There were no contingent liabilities in respect of the Group since the last annual balance sheet date.

A.

NOTES TO THE UNAUDITED INTERIM REPORT FOR THE FINANCIAL PERIOD ENDED 30 SEPTEMBER 2003

NOTES TO THE UNAUDITED INTERIM REPORT FOR THE FINANCIAL
PERIOD ENDED 30 SEPTEMBER 2003