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2009

2008

2009

2008

RM

RM

RM

RM

763,730

1,130,704

123,759

27,122

3,749

2,292

-

-

2,522,654

911,481

-

-

72,798

63,686

-

-

Company

Group

Ringgit Malaysia US Dollar Renminbi Hong Kong Dollar

3,362,931

2,108,163

123,759

27,122

The foreign currency profile of cash and cash equivalents are as follows:-

YIKON

CORPORATION BHD

(527272-V)

Notes to the Financial Statements (cont’d)

14.

CASH AND CASH EQUIVALENTS (cont’d)

Note

2009

2008

RM

RM

Group

15.

ASSETS OF DISPOSAL GROUP CLASSIFIED AS HELD FOR SALE

At 1st January 2009/1st November 2007 Transfer from property, plant and equipment

Cost Accumulated depreciation

Transfer from prepaid lease payments

Cost Accumulated depreciation

Transfer from investment properties

Cost Accumulated depreciation

Less: Disposal during the financial year

Cost Accumulated depreciation

At 31st December

4

5

6

-

2,600,000

-

(516,695)

445,306

13,213,210

(70,373)

(4,530,982)

-

916,081

-

(102,081)

11,579,533

-

374,933

8,682,228

  • -

    2,083,305

15,483,741

-

(5,032,528)

-

  • -

    814,000

10,451,213

-

1,503,253

11,579,533

On 6th May 2009, Yikon Jewellery Industry Sdn. Bhd, a wholly owned subsidiary of the Company, entered into a Sale and Purchase Agreement to dispose of its factory land and building with a carrying amount of RM9,413,318/- for a cash consideration of RM10,500,000/-.

Annual Report 2009

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