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Notes To The Financial Statements - Announcements - Bursa Malaysia

Notes To The Financial Statements - Announcements - Bursa Malaysia

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118<br />

<strong>Notes</strong> <strong>To</strong> <strong>The</strong> <strong>Financial</strong> <strong>Statements</strong><br />

4 SIGNIFICANT ACCOUNTING POLICIES (continued)<br />

4.21 Segment reporting (continued)<br />

<strong>The</strong> Group reports separately information about each operating segment that meets any of the following quantitative thresholds:<br />

(a) Its reported revenue, including both sales to external customers and intersegment sales or transfers, is ten (10) percent or more of the combined revenue,<br />

internal and external, of all operating segments.<br />

(b) <strong>The</strong> absolute amount of its reported profit or loss is ten (10) percent or more of the greater, in absolute amount of:<br />

(i) the combined reported profit of all operating segments that did not report a loss; and<br />

(ii) the combined reported loss of all operating segments that reported a loss.<br />

(c) Its assets are ten (10) percent or more of the combined assets of all operating segments.<br />

Operating segments that do not meet any of the quantitative thresholds may be considered reportable, and separately disclosed, if the management<br />

believes that information about the segment would be useful to users of the financial statements.<br />

<strong>To</strong>tal external revenue reported by operating segments shall constitute at least seventy five (75) percent of the Group’s revenue. Operating segments<br />

identified as reportable segments in the current financial year in accordance with the quantitative thresholds, if any, would result in a restatement of prior<br />

period segment data for comparative purposes.<br />

5 ADOPTION OF NEW STANDARDS AND IC INTERPRETATION AND TRANSITION FROM FRS TO MFRS<br />

5.1 Adoption of new standards and IC interpretation<br />

(a) Standards early adopted by the Group<br />

<strong>The</strong>re were no standards early adopted by the Group and the Company.<br />

For <strong>The</strong> <strong>Financial</strong> Year Ended 31 December 2012 (continued)

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