Financial Instruments Financial instruments are recognised in the balance sheet when the Group has become a party to the contractual provisions of the instruments. Financial instruments are classified as liabilities or equity in accordance with the substance o...
Biological Assets and Replanting Expenditure (i) Plantation development expenditure New planting expenditure incurred on land clearing and upkeep of trees to maturity is capitalised as plantation development expenditure under biological assets and is not amort...
The Board of Directors is required under Paragraph 15.27(a) of the Bursa Malaysia Securities Berhad Listing Requirements to issue a statement, which follows, explaining their responsibility for preparing the annual audited financial statements. The directors a...
BANK BORROWINGS 2008 2007 Secured:- RM RM Bank overdraft xxx,xxx xxx,xxx Revolving credit x,xxx,xxx x,xxx,xxx x,xxx,xxx x,xxx,xxx a. Bank Overdraft The bank overdraft bore an interest rate of x% above the bank’s base lending rate. Security: i) 3rd Party ...
PROPERTY DEVELOPMENT COSTS 2008 RM 2007 RM Land – at cost x,xxx,xxx x,xxx,xxx Add : Incidental costs xxx,xxx x,xxx,xxx x,xxx,xxx x,xxx,xxx Cumulative land cost recognised as an expense in income Statement (x,xxx,xxx) (x,xxx,xxx) x,xxx,xxx x,xxx,xxx Add : Dev...
Except for the changes in accounting policies and their effects as discussed below, the adoption of the new and revised FRSs, amendments to FRSs and interpretations do not have any other significant impact on the financial statements of the Group and of the Co...