The directors hereby submit their report together with the audited financial statements of the Group
and of the Company for the financial year ended 31st December 2014.
PRINCIPAL ACTIVITIES
The Company is principally an investment holding company. The principal activities of the subsidiaries
are as disclosed in Note 9 to the Financial Statements. There have been no significant changes in
the nature of these principal activities during the financial year.
FINANCIAL RESULTS
The results of the operations of the Group and of the Company for the financial year are as follows:
GROUP COMPANY
RM
RM
Loss before tax
(26,695,073) (1,382,292)
Income tax credit
6,234,480
–
Net loss for the financial year
(20,460,593) (1,382,292)
Attributable to:
Owners of the Company
(20,407,055) (1,382,292)
Non-Controlling interests
(53,538)
–
(20,460,593) (1,382,292)
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 the exceptional item as disclosed in the Financial Statements.
DIVIDENDS
No dividend has been paid or declared by the Company since the end of the previous financial year. The
directors also do not recommend the payment of any dividend in respect of the current financial year.
RESERVES AND PROVISIONS
There were no material transfers to or from reserves or provisions during the financial year other than
those as disclosed in the Financial Statements.
Asia Media Group Berhad Annual Report 2014
59
DIRECTORS’ REPORT
