Page 36 - Sibu water board Final Cover

FINANCIAL REPORT

Financial
Report Financial Highlights
FinanCiaL highLighTs

2017 2016 Change
Revenue & Expenditure (RM'000) (RM'000)
Income from Water Sales 28,467 29,298 -2.84%
Other Income 6,801 5,874 15.78%
Total Income 35,268 35,172 0.27%
Total Expenditure (45,172) (40,830) 10.63%
Loss From Operation (9,904) (5,658) 75.04%
Finance Cost (1,139) (665) 71.28%
Investment Income 1,061 884 20.02%
Net Loss before taxation (9,982) (5,439) 83.53%
Taxation - - N/A
Net Revenue after taxation (9,982) (5,439) 83.53%

2017 2016 Change
Total Expenditure (RM'000) % (RM'000) %
Cost of Production 17,096 36.92 16,119 38.85 +6.06%
Distribution and Selling 18,692 40.36 16,193 39.02 +15.43%
Administration 9,265 20.00 8,405 20.26 +10.23%
Finance cost 1,139 2.46 665 1.60 +71.28%
Others 119 0.26 113 0.27 +5.31%
46,311 100.00 41,495 100.00 +11.61%

2017 2016 Change
Capital Expenditure (RM'000) % (RM'000) %
Headworks 623 6.55 470 7.38 +32.55%
Mains 1,516 15.95 1,817 28.52 -16.57%
Meters 326 3.43 291 4.57 +12.03%
Communication Pipes 5,226 54.98 2,386 37.45 +119.03%
Mechanical Plant and Vehicles 78 0.82 - - N/A
Workshop, Field & Treatment Plant
Equipment 1,432 15.07 992 15.57 +44.35%
Store & O 280 2.95 348 5.46 -19.54%
Land & Buildings 24 0.25 67 1.05 -64.18%
9,505 100.00 6,371 100.00 +49.19%

2017 2016 Change
Assets & Capital Requirements (RM'000) (RM'000)
Total Assets at the End of the Year 233,556 232,017 0.66%
Total Liabilities at the End of the Year 232,037 220,516 5.22%
Total Net Assets 1,519 11,501 -86.79%

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