Asia Media Annual Report 2018

105 | P a g e 19. REVENUE Revenue from airtime advertising is recognised at a point in time when the service rendered to customers. The credit period of 30 days from the invoice date. No return and refund policy have been applied by the Group. The current Board of Directors do not have the most of the important documents as disclosed in Note 30(a) to the financial statements. Therefore, the Directors were unable to satisfy themselves that the financial statements of the Group as at 1 January 2018 and the financial statements of the Group as at 31 December 2018 do not contain material misstatements that may materially affect the financial performance, cash flows and financial position of the Group. 2018 2017 RM RM Airtime advertising 13,430,280 15,384,112 Timing and recognition - at a point in time 13,430,280 15,384,112 Group