notes to tHe FinanCial stateMents
For tHe FinanCial Year ended 31 deCeMBer 2010
5.
SIGNIFICANT MERGER, DISPOSALS, ACQUISITIONS AND DILUTION OF INTEREST (CONTINUED)
(IV) Acquisitions in the previous
nancial year (continued)
(c)
Acquisition of additional interest of 2.70% in XL
In the previous financial year, XL issued a total of 1,418.0 million new ordinary shares of Idr100
each under a rights issue exercise of uSd300.0 million (in equivalent amount in Idr) on the basis
of one (1) rights Share for every five (5) existing ordinary share at an issuance price of Idr2,000
per ordinary share ("XL rights Issue").
The Group through AIL, had subscribed its full entitlement of 1,188,187,400 new ordinary shares
under the XL rights Issue for a total cash consideration of rM855.5 million (equivalent to
Idr2,376.4 billion). Pursuant to a Standby Buyer Agreement entered into by AIL with XL on
13 october 2009, AIL had further subscribed to all the unsubscribed rights Shares of 229,584,890
ordinary shares, representing 2.70% of the enlarged issued and paid-up capital of XL after the
XL rights Issue for a total cash consideration of rM165.3 million (approximately Idr459.2 billion).
The XL rights Issue was completed on 11 december 2009 following which the Group's effective
equity interest in XL had increased from 83.79% to 86.49%.
The goodwill on acquisition arising from the above transaction of rM88.2 million was included in
intangible assets.
6.
OPERATING REVENUE
Group
Company
2010
2009
2010
2009
RM'000
RM'000
RM'000
RM'000
Restated
13,609,469
Mobile services
11,731,713
dividend income:
5,190,221
Malaysia
3,749,730
4,757
overseas
4,458
282,083
Lease of passive infrastructure
207,133
1,729,122
45,013
others
1,373,341
33,053
15,620,674
5,239,991
Total
13,312,187
3,787,241
others include revenue from interconnect services, leased services, pay television transmission and other
data services.
pg 204
annual report 2010
Axiata Group Berhad
(242188-H) ·
