44. COMPARATIVE FIGURES (CONTINUED)
(i) The Group has reclassified provision for impairment of building amounting to RM3,676,000 from payables to property,
plant and equipment as at 31 December 2012 and 2013 because it was wrongly classified as payables in the prior years.
(ii) The Group has reclassified RM15,680,000 and RM21,703,000 from other asset to property, plant and equipment as at
31 December 2012 and 2013 respectively as these amounts relate to construction costs for a hospital building. Further,
the Group has reclassified RM328,000 from other asset to receivables as at 31 December 2013 as this amount relates to
amount due from an associate.
(iii) The Group has restated its comparative figures as at 31 December 2013 to reflect the adjustments to the provisional
amounts used in the acquisition of Sri Manjung Specialist Centre Sdn Bhd as disclosed in
Note 15(c)
. The fair value of
the property, plant and equipment was valued at RM6,756,000, an increase of RM2,351,000 over the provisional value.
Correspondingly, there was an increase in the deferred tax liabilities of RM548,000 and a reduction in goodwill of
RM1,803,000.
(iv) The Group has made an adjustment in respect of share of foreign translation losses of an associate not taken up in the
financial year 2012, amounting to RM2,128,000. As a result, the carrying amount of the investment in associate and the
corresponding reserves are reduced respectively by this amount. The Group has also made an adjustment to reverse the
pre-acquisition reserves of an associate amounting to RM5,702,000 which was wrongly taken to investment in associates
and payables respectively in the financial year 2013. Further, the Group also made an adjustment of RM218,000 to
recognise the share of associates’ reserves, which was not taken up in the financial year 2013.
(v) The Group has reclassified RM2,038,000 from payables to provision for retirement benefits to present as a separate line
item in the statement of financial position as at 31 December 2012 and 2013.
(vi) The Group has reclassified deferred revenue of RM47,693,000 and RM48,837,000 from current liabilities to non-current
liabilities for financial years ended 2012 and 2013 respectively, as these relate to amounts received in advance from
subscribers with subscription period more than one year.
(vii) The Group has reclassified borrowings amounting to RM499,000,000 from non-current liabilities to current liabilities for
the financial year ended 31 December 2013 as it was wrongly classified as non-current liabilities in prior year.
(viii) The Group has reclassified RM54,618,000 relating to depreciation charges on medical equipments from administrative
expenses to cost of sales as these are direct operating costs in nature.
296
KPJ Healthcare Berhad annual report
2014
Notes to the
Financial Statements
For the financial year ended 31 December 2014 (continued)
