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Annual Report 2014 | S P SETIA BERHAD GROUP | 213

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 October 2014

V. FINANCIAL STATEMENTS

50. CHANGES IN COMPARATIVES (CONT’D)

The following comparative of the Company have been reclassified to conform with the adoption of FRS 10 and FRS 11 (cont’d) :

Statement of Financial Position

At 31 October 2012

As previously

reported Reclassification As restated

RM’000

RM’000

RM’000

Non-current assets

Investments in subsidiary companies

1,334,766

54,480 1,389,246

Investments in jointly controlled entities

90,981

(54,480)

36,501

Amounts owing by subsidiary companies

1,168,459

305,372 1,473,831

Amounts owing by jointly controlled entities

305,372

(305,372)

-

Current assets

Amounts owing by subsidiary companies

761,623

36,657

798,280

Amounts owing by jointly controlled entities

42,210

(36,657)

5,553

51. AUTHORISATION FOR ISSUE OF FINANCIAL STATEMENTS

These financial statements were authorised for issue on 16 December 2014 by the Board of Directors.

52. DISCLOSURE OF REALISED AND UNREALISED RETAINED PROFITS

The disclosure of realised and unrealised profits or losses is compiled in accordance to the Malaysian Institute of Accountants Guidance

on Special Matter No. 1, Determination of Realised and Unrealised Profits or Losses in the Context of Disclosures Pursuant to Bursa

Malaysia Securities Berhad Listing Requirements.

The breakdown of retained profits of the Group and the Company as at the reporting date, into realised and unrealised profits, pursuant

to the directive, are as follows:

Group

Company

2014

2013

2014

2013

RM’000

RM’000

RM’000

RM’000

Restated

Total retained profits of the Company and its subsidiaries:

- realised

2,047,994

1,864,849

324,739

301,079

- unrealised

142,809

156,730

(3)

6

2,190,803

2,021,579

324,736

301,085

Total retained profits from jointly controlled entities:

- realised

(84,926)

(7,261)

-

-

- unrealised

897

1,099

-

-

(84,029)

(6,162)

-

-

Total share of retained profits from associated companies:

- realised

(987)

(893)

-

-

- unrealised

-

-

-

-

(987)

(893)

-

-

Less: Consolidation adjustments

(496,761)

(538,157)

-

-

Total Group’s and Company’s retained profits as per statements

of financial position

1,609,026

1,476,367

324,736

301,085