MSM Malaysia Holdings Berhad Annual Report 2019

NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2019 41 EFFECTS OF CHANGES IN ACCOUNTING POLICY (CONTINUED) Impact on change in accounting policy on Statements of Financial Position (continued) Effects on current year Restatement of comparative figures As at 31 December 2019 As at 31 December 2018 As at 1 January 2018 Company (in RM’000) As As Impact on statements Previous Effects of previously Effects of previously Effects of of financial position: Policy MFRS 16 Presented stated MFRS 16 Restated stated MFRS 16 Restated Non-current assets Property, plant and equipment 84,159 (81,910) 2,249 86,233 (83,392) 2,841 88,922 (84,875) 4,047 Right-of-use assets - 2,435 2,435 - 3,270 3,270 - 4,105 4,105 Lease receivables - 84,972 84,972 - 86,072 86,072 - 86,800 86,800 Current assets Lease receivables - 2,167 2,167 - 1,796 1,796 - 1,056 1,056 Non-current liabilities Lease liabilities - 1,231 1,231 - 1,864 1,864 - 2,614 2,614 Current liabilities Lease liabilities - 750 750 - 906 906 - 1,064 1,064 Equity Retained earnings (777,923) 5,683 (772,240) (418,560) 4,976 (413,584) 5,649 3,408 9,057 221 FINANCIAL STATEMENTS 08