Bursa Malaysia • Annual Report 2013
99
Financial Reports
2. Significant accounting policies (cont’d.)
2.2 Adoption of new and revised MFRSs and changes in accounting policies (cont’d.)
(c) Financial effects arising from the adoption of MFRS 119
Employee Benefits (revised)
and change in accounting policy on fines
(i) The following are reconciliations of statements of financial position of the Group and of the Company as at 1 January 2012 and 31 December
2012:
As
previously
reported
Note 2.2(a)(i)
Effect of
adoption of
MFRS 119
Note 2.2(b)
Effect of change
in accounting
policy for fines
Restated
RM’000
RM’000
RM’000
RM’000
Group
As at 1 January 2012
Equity attributable to owners
of the Company
Retained earnings
481,611
(6,966)
(12,583)
462,062
Non-current liabilities
Retirement benefit obligations
24,311
9,288
-
33,599
Deferred tax liabilities
9,886
(2,322)
-
7,564
Current liabilities
Other payables
67,330
-
12,583
79,913
As at 31 December 2012
Equity attributable to owners
of the Company
Retained earnings
492,106
(3,906)
(13,944)
474,256
Non-current liabilities
Retirement benefit obligations
24,816
5,207
-
30,023
Deferred tax liabilities
9,196
(1,301)
-
7,895
Current liabilities
Other payables
80,535
-
13,944
94,479
Notes to the Financial Statements
31 December 2013
