PERS Model financial statements - AXP Solutions

PERS Ref.
1.46(a) MODEL GROUP SDN. BHD. (Company No. 12345678-A)
(Incorporated in Malaysia)
AND ITS SUBSIDIARIES
TABLE OF CONTENTS
Report of the Directors 1 – 5
Statement by the Directors 6
Statutory Declaration 6
Independent Auditors’ Report to the Members 7 – 8
Page No.
Financial Statements
Balance Sheets 9 – 10
Income Statements – Expenses Classified by Function 11
Income Statements – Expenses Classified by Nature 12
Statements of Changes in Equity 13 – 14
Cash Flow Statements – Indirect Method 15 – 16
Notes to the Financial Statements
General Information 17
Basis of Preparation 17
Significant Accounting Policies 17 – 26
Property, Plant and Equipment 27 – 30
Investment Property 30 – 31
Land Held for Development 31
Goodwill 32
Other Intangible Assets 33 – 34
Subsidiaries 34 – 36
Investment in Associates 36 – 38
Investment in Jointly-Controlled Entities 38 – 39
Other Investments 39
Deferred Tax Assets/Liabilities 40 – 41
Property Development Costs 41 – 42
Inventories 42
Trade and Other Receivables 43
Gross Amount Due from Customers 43
Fixed Deposits with Licensed Banks 44
Cash and Bank Balances 44
Trade and Other Payables 44
Gross Amount Due to Customers 45
Hire Purchase and Finance Lease Payables 45
Bank Overdrafts and Other Bank Borrowings 46
Provisions 46 – 47
Share Capital 47 – 48
Share Premium 48
Revaluation Reserves 48
Translation Reserves 49