Concession contracts A substantial portion of the Group’s assets are created and used due to concession contracts granted by public sector customers (‘grantors’) and/or by concession companies purchased by the Group on full or partial privati...
Operating Segments Reporting Operating segments are reported in a manner consistent with the internal reporting provided to the chief operating decision-maker of the Group. The chief operating decision-maker of the Group, who is responsible for allocating reso...
Early Adoption of FRSs and Amendments to FRSs During the financial year, the Group early adopted FRS 4 Insurance Contracts in accordance with the transitional provisions require simultaneous adoption of Financial Guarantee Contracts (Amendments to IAS 39 and I...
CHANGE IN ACCOUNTING POLICY – MEASUREMENT OF STAGE OF COMPLETION FOR CONTRACT WORK Prior to 1 July 2008, where the outcome of a construction contract can be reliably estimated, contract revenue and contract costs are recognised as revenue and expenses respec...
INDEPENDENT AUDITORS’ REPORT TO THE CONTROLLER OF HOUSING PURSUANT TO REGULATION 12A OF THE HOUSING DEVELOPER (HOUSING DEVELOPMENT ACCOUNT) REGULATIONS, 1991 ABC SDN. BHD. (123456-X) (Incorporated in Malaysia) Report on the Housing Development Accounts In ...
INDEPENDENT AUDITORS’ REPORT TO THE CONTROLLER OF HOUSING PURSUANT TO SECTION 9(3) OF THE HOUSING DEVELOPMENT (CONTROL OF LICENSING) ACT 1966 ABC SDN. BHD. (123456-X) (Incorporated in Malaysia) Report on the Financial Statements We have aud...