Bursa Malaysia • Annual Report 2013
100
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 (cont’d.)
(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 (cont’d.):
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
Company
As at 1 January 2012
Current assets
Due from subsidiaries
25,949
-
11,910
37,859
Equity attributable to owners
of the Company
Retained earnings
419,268
(6,966)
(673)
411,629
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
49,388
-
12,583
61,971
As at 31 December 2012
Current assets
Due from subsidiaries
29,850
-
14,186
44,036
Equity attributable to owners
of the Company
Retained earnings
428,853
(3,906)
(786)
424,161
Non-current liabilities
Retirement benefit obligations
24,816
5,207
-
30,023
Deferred tax liabilities
5,327
(1,301)
-
4,026
Current liabilities
Other payables
59,424
-
14,972
74,396
Notes to the Financial Statements
31 December 2013
