2018 UEM Edgenta Annual Report

5. OTHER INCOME Included in other income are: Group Company 2018 2017 2018 2017 RM’000 RM’000 RM’000 RM’000 Dividend income from short term investments 3,682 787 – – Interest income from: - fixed deposits 9,633 10,583 2,051 6,762 - advances to subsidiaries – – 3,382 – License and commission fees from an associate 1,600 1,455 – – Fair value gain on short term investments 427 48 – – Reversal of deferred consideration payable (Note 31(d)) 9,345 5,806 9,345 5,806 Bad debt recovered 1,534 5,208 – – Net foreign exchange gain: - realised 166 10,947 – 10,935 - unrealised 209 737 – – Gain on disposal of scrap – 863 – – Gain on bargain purchase on acquisition of an associate – 1,255 – – Compensation received – 4,230 – – Accretion of interest on concession receivables 19,088 18,830 – – Rental income – – 3,104 – Gain arising from remeasurement of loan to a subsidiary – – – 71,561 6. FINANCE COSTS Group Company 2018 2017 2018 2017 RM’000 RM’000 RM’000 RM’000 Interest expense on: - bank borrowings 26,391 36,345 14,303 23,460 - finance lease liabilities 308 406 – – - loan from subsidiary – – 3,299 – Accretion of interest on deferred consideration payable (Note 31(d)) 99 2,120 99 2,120 Amortisation of capitalised borrowing cost 434 543 – – Commitment fees 268 497 – – Cost arising from early settlement of borrowing – 7,834 – 7,834 Bank charges 933 780 20 200 28,433 48,525 17,721 33,614 NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 December 2018 Management Discussion & Analysis UEM Edgenta Berhad Annual Report 2018 About UEM Edgenta Chairman’s Statement 186