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Sample Disclosure – Note On Provision For Liabilities (3 November 2009)

Provisions for Liabilities

 

 Liquidated Damages

 Product Warranty

Subsidiaries Restructuring Costs

 

Total

 

RM

RM

RM

RM

At beginning of year

12,000,000

6,000,000

-

18,000,000

Additions

5,000,000

1,000,000

500,000

6,500,000

Utilisation

-

(800,000)

(400,000)

(1,200,000)

Reversal

(6,000,000)

(100,000)

(50,000)

(6,150,000)

Exchange differences

-

(50,000)

-

(50,000)

At end of year

11,000,000

6,050,000

50,000

17,100,000

Year end balances analysed as follows:-