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...
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Tagged As: liquidated damages, note on provisions, provision for liabilities, provisions, restructuring costs, Sample Disclosure in Financial Statements
Provisions Provisions are recognised when the Group has a present obligation as a result of a past event and it is probable that an outflow of resources embodying economic benefits will be required to settle the obligation, and a reliable estimate of the amoun...
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Tagged As: Accounting policy, notes to the accounts, notes to the financial statements, provisions, sample disclosure, Sample Disclosure in Financial Statements