TRANSOCEAN HOLDINGS BHD

(36747 U)

AND ITS SUBSIDIARIES

QUARTERLY REPORT

CONSOLIDATED BALANCE SHEET

AS AT NOVEMBER 30, 2001

AS AT

AS AT

END OF

PRECEDING

CURRENT

FINANCIAL

QUARTER

YEAR END

11/30/2001

05/31/2001

RM'000

RM'000

1

Property, plant and equipment

43,356

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

2,977

3,095

7

Intangible Assets

-

-

8

Other long term assets

-

-

9

Current Assets

Inventories

127

113

Trade receivables

7,983

8,084

Short term investments

-

-

Cash

465

943

Others (Non-trade creditors)

1,954

1,262

10,529

10,402

10

Current Liabilities

Trade payables

3,055

2,235

Other payables

2,395

2,154

Short Term Borrowings

13,396

11,857

Provision for taxation

53

653

Proposed dividend

-

-

Others (Amount due to a Director of subsidiary co)

170

170

19,069

17,069

11

Net current assets/(current liabilities)

(8,540)

(6,667)

41,772

40,427

12

Shareholders' funds

Share Capital

19,999

19,999

Reserves

Share premium

-

-

Revaluation reserve

-

-

Capital reserve

-

-

Statutory reserve

-

-

Retained profit

7,847

9,231

Others

-

-

27,846

29,230

13

Minority interest

752

635

14

Long term borrowings

11,444

8,934

15

Other long term liabilities

1,037

935

16

Deferred taxation

693

693

41,772

40,427

-

17

Net tangible assets per share (RM)

1.24

1.31