TRANSOCEAN HOLDINGS BHD

(36747 U)

AND ITS SUBSIDIARIES

QUARTERLY REPORT

CONSOLIDATED BALANCE SHEET

AS AT AUGUST 31, 2001

AS AT

AS AT

END OF

PRECEDING

CURRENT

FINANCIAL

QUARTER

YEAR END

31/08/2001

31/05/2001

RM'000

RM'000

1

Property, plant and equipment

39,547

40,020

2

Investment property

-

-

3

Investment in associated companies

-

-

4

Land and Development Expenditure

3,976

3,976

5

Long term investments

3

3

6

Goodwill on consolidation

3,036

3,095

7

Intangible Assets

-

-

8

Other long term assets

-

-

9

Current Assets

Inventories

113

113

Trade receivables

7,703

8,084

Short term investments

-

-

Cash

322

943

Others (Non-trade receivables)

2,371

1,262

10,509

10,402

10

Current Liabilities

Trade payables

2,335

2,235

Other payables

2,197

2,154

Short Term Borrowings

12,847

11,857

Provision for taxation

52

653

Proposed dividend

-

-

Others (Amount due to a Director of subsidiary co)

170

170

17,601

17,069

11

Net current assets/(current liabilities)

(7,092)

(6,667)

39,470

40,427

12

Shareholders' funds

Share Capital

19,999

19,999

Reserves

Share premium

-

-

Revaluation reserve

-

-

Capital reserve

-

-

Statutory reserve

-

-

Retained profit

8,633

9,231

Others

-

-

28,632

29,230

13

Minority interest

679

635

14

Long term borrowings

8,453

8,934

15

Other long term liabilities

1,013

935

16

Deferred taxation

693

693

39,470

40,427

-

17

Net tangible assets per share (RM)

1.28

1.31