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AEMULUS HOLDINGS BERHAD
A N N U A L R E P O R T 2 0 1 6
18. PROVISION FOR WARRANTY
GROUP
30.9.16
30.9.15
RM
RM
Balance at beginning
261,400
–
Acquisition of a subsidiary
–
184,366
Additions
213,898
261,400
Reversal
(288,068)
(184,366)
Balance at end
187,230
261,400
The provision for warranty is in respect of warranty granted on products sold. The provision is calculated based on
approximately 2.5% of cost of products sold.
19. REVENUE
GROUP
1.10.16
to 30.9.16
17.10.14
to 30.9.15
RM
RM
Sale of goods
- Outright sale
19,460,453
31,487,889
- Finance lease arrangement
788,746
–
Services rendered
1,735,082
1,103,395
21,984,281
32,591,284
20. (LOSS)/PROFIT BEFORE TAXATION
This is arrived at:
GROUP
COMPANY
1.10.15
to 30.9.16
17.10.14
to 30.9.15
1.10.15
to 30.9.16
17.10.14
to 30.9.15
RM
RM
RM
RM
After charging:
Allowance for obsolete inventories
1,589,327
–
–
–
Auditors’ remuneration
- statutory audit
-current year
42,000
38,000
14,000
13,000
-under provision in prior year
12,000
–
–
–
- other services
9,045
8,180
3,000
3,000
Other auditors:
- other services
26,069
–
–
–
NOTES TO THE FINANCIAL STATEMENTS
(Cont’d)
– 30 SEPTEMBER 2016