Illustrative Financial Statements 2011 - bdo singapore

ABC SINGAPORE LIMITED AND ITS SUBSIDIARIES
STATEMENT OF FINANCIAL POSITION AS AT 31 DECEMBER 2011
FRS 1: 54(l)
FRS 1: 54(o)
FRS 1: 54(m)
FRS 1: 54(m)
Note
Non-current liabilities
Provisions 31
Deferred tax liabilities 19
Finance lease payables 32
Bank borrowings 33
Total non-current liabilities
Group
31 December 31 December 1 January
2011
2010
2010
$’000 $’000 $’000
FRS 1: 54(j);
FRS 105: 38
FRS 1: 54(l)
FRS 1: 54(n)
FRS 1: 54(k)
FRS 1: 54(m)
FRS 1: 54(m)
FRS 1: 54(m)
FRS 1: 54(m)
Current liabilities
Liabilities of a disposal group classified
as held-for-sale 9
Provisions 31
Income tax payables
Trade and other payables 34
Amounts due to contract customers 24
Finance lease payables 32
Derivative financial instruments 26
Bank borrowings 33
Total current liabilities
Total liabilities
Total equity and liabilities
Commentary
In the event where the Company has issued redeemable preference shares, please refer to FRS 32:
AG 25 for guidance on their classification.
In the application of FRS 1 (2008): 10(f), the Group is required to present a third statement of
financial position as at beginning of the earliest comparative period following a change in
accounting policy, the correction of an error, or the reclassification of items in the financial
statements.
The accompanying notes form an integral part of these financial statements.
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