Wonderful Malaysia Berhad 2019 - KPMG

Wonderful

Malaysia

Berhad 2019

Illustrative Financial Statements for

Malaysian Financial Reporting Standards

October 2019

KPMG in Malaysia

my

Foreword

Wonderful Malaysia Berhad 2019 is KPMG PLT¡¯s Illustrative Financial

Statements for financial statements prepared in accordance with Malaysian

Financial Reporting Standards (¡°MFRS¡±).

Wonderful Malaysia Berhad 2019 reflects the latest amendments to the

disclosure requirements for annual financial statements ending 31 December

2019.

The significant changes to annual financial statements ending 31 December

2019 arise from the adoption of MFRS 16, Leases which is effective since 1

January 2019.

We have developed this publication in order to assist you in your preparation of the MFRS financial

statements. We hope the publication will be a useful guide and will act as a starting point for you to

understand the disclosure requirements towards preparing your upcoming annual financial statements.

Foong Mun Kong

Partner, Head of Audit

? 2019 KPMG PLT, a limited liability partnership established under Malaysian law and a member firm of the KPMG network of independent member firms affiliated with KPMG International

Cooperative (¡°KPMG International¡±), a Swiss entity. All rights reserved.

This page has been left blank intentionally.

? 2019 KPMG PLT, a limited liability partnership established under Malaysian law and a member firm of the KPMG network of independent member firms affiliated with KPMG International

Cooperative (¡°KPMG International¡±), a Swiss entity. All rights reserved.

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Contents

Page

About this publication

2

References and abbreviations

5

Illustrative Financial Statements

Index to the Illustrative Financial Statements

Statements of financial position

Statements of profit or loss and other comprehensive income

Statements of changes in equity

Statements of cash flows

Notes to the financial statements

7

9

13

17

25

33

Appendices

1.

2.

Specimen: Statements of profit or loss and Statements of profit or loss and other comprehensive

income (Two-statement approach)

Specimen: Statements of cash flows (Direct method)

282

284

? 2019 KPMG PLT, a limited liability partnership established under Malaysian law and a member firm of the KPMG network of independent member firms affiliated with KPMG International

Cooperative (¡°KPMG International¡±), a Swiss entity. All rights reserved.

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