Tag: capital commitments

Sample Disclosure – Note On Capital Commitments (10 December 2010)

CAPITAL COMMITMENTS Capital commitments contracted but not provided for in the financial statements are as follows: On 1 April 2010, the Company entered into a sale and purchase agreement (“SPA”) to purchase a piece of land for a consideration of RM49 mill...

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Sample Disclosure – Accounting Policy On Property Construction-in-progress (28 Ocotber 2009)

Property construction-in-progress Property construction-in-progress is stated at cost and not depreciated. The property would be transferred to property, plant and equipment or investment property (depending on the intended purpose and use of the property) upo...

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Sample Disclosure – Accounting Policy On Capital Work-in-progress (27 October 2009)

Capital work-in-progress Capital work-in-progress is stated at cost and not depreciated. Depreciation on capital work-in-progress commences when the assets are ready for their intended use. Note: This is usually disclosed as an asset category of property, plan...

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Sample Disclosure – Note On Capital Commitments (10 September 2009)

Capital Commitments   2009 2008   RM RM Approved and contracted:     Purchase of property, plant and equipment 20,000 15,000 Approved but not contracted:     Purchase of property, plant and equipment 10,000 12,000   30,000 27,000 ...

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