hirotako
trade receivables of hiro as at end of 2nd Q 2011 = RM61,078,000
as at preceding year end 31st Dec 2010 = RM39,415,000
RM61,078,000 - RM39,415,000 = RM21,663,000
100% X (21,663,000 / 39,415,000) / 39,415,000 = 55%
the trade receivables increased 55%,
total liabilities = RM78,758,000
as at preceding year end 31st Dec 2010 = RM53,834,000
increased 100% X (78,758,000 - 53,834,000) / 53,834,000 = 46%
especially because of the payables in current liabilities,
(RM27,719,000 + RM44,980,000 = RM72,699,000 )
100% X 72,699,000 / 78,758,000 = 92%
trade payables = RM27,719,000
other payables =RM44,980,000, 57% of it total liabilities, terror
pay to who? O.S.K ? ( split, bonus issued, share buy back, brokerage fee? )
no explaination about the other payables given in 2nd Q 2011 financial report.
my heart was thrilled when mention the words O.S.K,
its masterpieces : drbhcom-ce, oskprop 87sen, oskprop-wb 6sen ..........
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