MAXIS

Quarterly rpt on consolidated results for the financial period ended 31/12/2010

MAXIS BERHAD

Financial Year End

31/12/2010
Quarter4
Quarterly report for the financial period ended31/12/2010
The figureshave not been audited

Attachments

Maxis Berhad Q42010.pdf
306 KB

  • Default Currency
  • Other Currency

Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
31/12/2010

 
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
31/12/2010
31/12/2009
31/12/2010
31/12/2009
$$'000
$$'000
$$'000
$$'000
1Revenue
2,310,000
2,211,000
8,869,000
7,611,000
2Profit/(loss) before tax
832,000
695,000
3,132,000
1,939,000
3Profit/(loss) for the period
610,000
503,000
2,295,000
1,578,000
4Profit/(loss) attributable to ordinary equity holders of the parent
610,000
503,000
2,295,000
1,578,000
5Basic earnings/(loss) per share (Subunit)
8.10
6.70
30.60
27.30
6Proposed/Declared dividend per share (Subunit)
16.00
9.00
40.00
15.00


AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7
Net assets per share attributable to ordinary equity holders of the parent ($$)
1.1600
1.1900

Remarks :
(a) Additional financial information in Note 2 of the attached announcement to facilitate comparability of operational performance of the Group between reported periods

Save for the unaudited Individual Quarter of the Condensed Consolidated Income Statements and Condensed Consolidated Statements of Financial Position, the comparatives presented above do not represent a “like for like” comparison of the operational performance of Maxis and its subsidiaries (“the Group”) because of the accounting treatment adopted for the business combination by Maxis which was completed on 1 October 2009. The comparatives represent that of Maxis Mobile Services Sdn Bhd (“MMSSB”)’s mobile retail business and its 44% effective equity interest in PT Natrindo Telepon Seluler, the Indonesian mobile operations, as MMSSB is the deemed acquirer for the purpose of accounting.

The Board of Directors has provided additional financial information as set out in Note 2 on pages 12 to 16 of the attached announcement to facilitate comparability of the operational performance of the Group between the reported periods.

(b) Dividends

Interim dividend
The Board of Directors has declared a fourth interim single-tier tax exempt dividend of 8.0 sen per ordinary share in respect of the financial year ended 31 December 2010, to be paid on 30 March 2011. The entitlement date for the dividend payment is 15 March 2011.

A depositor shall qualify for entitlement to the dividend only in respect of:
(i) shares transferred to the depositor’s securities account before 4.00 pm on 15 March 2011 in respect of transfers; and

(ii) shares bought on Bursa Malaysia Securities Berhad on a cum entitlement basis according to the Rules of Bursa Malaysia Securities Berhad.

The Board of Directors intends that interim dividends in 2011 will be declared continuously on a quarterly basis and expects that these interim dividends will be at an amount similar to that declared in 2010.

Final dividend
The Board of Directors proposes to recommend for shareholders’approval at the forthcoming Annual General Meeting a final single-tier tax exempt dividend of 8.0 sen per ordinary share in respect of the financial year ended 31 December 2010, to be paid on a date to be determined.
Definition of Subunit:

In a currency system, there is usually a main unit (base) and subunit that is a fraction amount of the main unit.
Example for the subunit as follows:

CountryBase UnitSubunit
MalaysiaRinggitSen
United StatesDollarCent
United KingdomPoundPence


Announcement Info

Company NameMAXIS BERHAD  
Stock Name MAXIS    
Date Announced28 Feb 2011  
CategoryFinancial Results
Reference NoMM-110228-36164