UEM EDGENTA BERHAD Integrated Annual Report 2025 286 NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 December 2025 2. ACCOUNTING POLICIES (CONTD.) 2.3 Standards issued but not yet effective The standards and interpretations that are issued but not yet effective up to the date of issuance of the Group’s and the Company’s financial statements are disclosed below. The Group and the Company intend to adopt these standards, if applicable, when they become effective: Effective for annual periods beginning on or after Amendments to MFRS 9 Financial Instruments and MFRS 7 Financial Instruments: Disclosures (Contracts Referencing Nature-dependent Electricity) 1 January 2026 Amendments to MFRS 9 and MFRS 7 (Amendments to the Classification and Measurement of Financial Instruments) 1 January 2026 Annual Improvements to MFRS Accounting Standards - Volume 11 1 January 2026 MFRS 18: Presentation and Disclosure in Financial Statements 1 January 2027 MFRS 19 Subsidiaries without Public Accountability: Disclosures 1 January 2027 Amendments to MFRS 121 The Effects of Changes in Foreign Exchange Rates (Translation to a Hyperinflationary Presentation Currency) 1 January 2027 Amendments to MFRS 10 Consolidated Financial Statements (Sale or Contribution of Assets between an Investor and its Associate or Joint Venture) To be announced Amendments to MFRS 128 Investments in Associates and Joint Ventures (Sale or Contribution of Assets between an Investor and its Associate or Joint Venture) To be announced There are no other new or revised MFRS and amendments to MFRS not yet effective that would likely have a material impact on the Company in the current or future reporting periods, except for the application of MFRS 18: Presentation and Disclosure in Financial Statements as disclosed below. MFRS 18 Presentation and Disclosure in Financial Statements MFRS 18 Presentation and Disclosure in Financial Statements (effective from 1 January 2027) replaces MFRS 101 Presentation of Financial Statements. It will not change the recognition and measurement of items in the financial statements, but will affect presentation and disclosure, including: • Requiring the classification of all income and expenses into one of five categories - investing, financing, income taxes, discontinued operations and operating in the statement of comprehensive income. • Introducing two mandatory subtotals in the income statement - operating profit or loss, and profit or loss before financing and income taxes. • Enhanced guidance for the labelling, aggregation and disaggregation of items in the financial statements. • New disclosures about management-defined performance measures. The Group and the Company are continuing to assess the impact of applying the new standard, on a retrospective basis from 1 January 2027, and expects some changes will be required to the presentation and disclosure in the financial statements.
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