FORGING AHEAD - Tradewinds Plantation Berhad

44. OPENING STATEMENT OF FINANCIAL POSITION
The opening statement of financial position as at 1 January 2010, primarily reflecting the effects arising from the adoption
of FRS 139, is as follows:
As Effect of
previously adoption of As
Group reported FRS 139 restated
RM’000 RM’000 RM’000
ASSETS
Non-current assets
Property, plant and equipment 2,497,464 - 2,497,464
Land held for property development 87,412 - 87,412
Investment in a jointly controlled entity 12,223 - 12,223
Other investments 925 (126) 799
Goodwill on consolidation 25,554 - 25,554
Deferred tax assets 22,543 - 22,543
Current assets
FINANCIAL STATEMENTS
2,646,121 (126) 2,645,995
Inventories 60,611 - 60,611
Trade and other receivables 111,106 - 111,106
Tax recoverable 6,560 - 6,560
Cash and cash equivalents 63,739 - 63,739
242,016 - 242,016
Non-current assets held for sale 784 - 784
TOTAL ASSETS 2,888,921 (126) 2,888,795
TRADEWINDS PLANTATION BERHAD
Annual Report 2010
217