Interesting extracts from available AIM’s financial statements

Accumulated losses of ($25,916) and ($59,043) in 2000 and 1999

Net loss of ($706) in 1999

Net profits after tax of $33,127 in 2000

Total revenue of $58,338 (Consultancy services revenue $57,057 & Interest income $1,281) in 2000

Total revenue of $1,885 (Interest income) in 1999

Long term loan of $122,000 in 1999 and 2000

“The long term loan is unsecured, interest free, has no fixed term of repayment and is not expected to be repaid within one year.”

Expenses of $1,664 and $2,577 in 2000 and 1999

Net current assets (comprising mainly of fixed deposits and cash) of $96,236 and $63,010 in 2000 and 1999

Paid-up share capital of $2

Authorised share capital of $5 million


About the Author

Leong Sze Hian has served as the president of 4 professional bodies, honorary consul of 2 countries, an alumnus of Harvard University, authored 4 books, quoted over 1500 times in the media , has been a radio talkshow host, a newspaper daily columnist, Wharton Fellow, SEACeM Fellow, columnist for theonlinecitizen and Malaysiakini, executive producer of Ilo Ilo (40 international awards), Hotel Mumbai (associate producer), invited to speak more than 200 times in about 40 countries, CIFA advisory board member, founding advisor to the Financial Planning Associations of 2 countries. He has 3 Masters, 2 Bachelors degrees and 13 professional  qualifications.