Page 174 - ar2010

172 KPJ Healthcare Berhad

(Company No. 247079 M)

Annual Report 2010

notes to the

financial statements

FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2010 (cont’d)

44 CHANGES IN ACCOUNTING POLICY

(i) The effects of the changes in accounting policy to each of the line items in the Group’s and Company’s statements of fnancial

position for the fnancial period ended 1 January 2009, 31 December 2009 and 1 January 2010 are as follows:

Group Balance as at 1 January 2009 As previously

stated FRS 117 As restated RM’000 RM’000 RM’000

Property, plant and equipment 303,683 4,252 307,935 Prepaid lease rental 4,252 (4,252) 0

Balance as at 31 December 2009 Balances as at 1 January 2010

As previously

stated FRS 117 As restated FRS 139 As adjusted RM’000 RM’000 RM’000 RM’000 RM’000

Group

Property, plant and equipment 427,626 19,159 446,785 0 446,785

Prepaid lease rental 19,159 (19,159) 0 0 0

Receivables 243,433 0 243,433 (2,809) 240,624

Payables (260,681) 0 (260,681) 2,054 (258,627)

Retained earnings (337,715) 0 (337,715) 755 (336,960)

Company

Interest in subsidiaries 222,631 0 222,631 394,994 617,625 Advances to subsidiaries 0 0 0 95,753 95,753 Trade and other receivables 544,575 0 544,575 (490,747) 53,828 Advances from subsidiaries 0 0 0 (231,737) (231,737) Trade and other payables (260,771) 0 (260,771) 231,737 (29,034)

(ii) Impact on the Group’s and the Company’s statements of comprehensive income:

Group Increase/(decrease) for the fnancial year ended 31 December 2010 FRS 139 Total RM’000 RM’000

Cost of sales (414) (414)

Finance costs 329 329

Proft before taxation/proft for the year 85 85

Other comprehensive income:

Fair value gains on available-for-sale fnancial assets 172 172

The adoption of FRS 139 has no signifcant effect on the results of the Company for the fnancial year ended 31 December 2010.