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60

FIMA CORPORATION BERHAD

(21185-P) |

Annual Report

2016

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 March 2016.

PRINCIPAL ACTIVITIES

The principal activities of the Company are those of property management and investment holding.

The principal activities of the subsidiaries and associates are production of security and confidential documents,

oil palm production and processing and production and sale of bank notes as described in Notes 16 and 17 to the

financial statements, respectively.

There have been no significant changes in the nature of these activities during the financial year.

RESULTS

Group

Company

RM’000

RM’000

Profit net of tax

54,872

46,527

Profit for the year attributable to:

- Equity holders of the Company

51,282

46,527

- Non-controlling interests

3,590

-

54,872

46,527

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

as disclosed in the financial statements.

DIRECTORS’

REPORT