NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 30 SEPTEMBER 2025 2. BASIS OF PREPARATION OF THE FINANCIAL STATEMENTS (CONT'D) (a) Statement of compliance (Cont'd) Adoption of New and Amendments to MFRSs In the current financial year, the Group and the Company have adopted all the new and amendments to MFRSs issued by the Malaysian Accounting Standards Board (“MASB”) that are relevant to their operations and effective for annual financial periods beginning on or after 1 October 2024 as follows: Amendments to: MFRS 7 and MFRS 107 Supplier Finance Arrangements MFRS 16 Lease Liability in a Sale and Leaseback MFRS 101 Classification of Liabilities as Current or Non-current MFRS 101 Non-current Liabilities with Covenants The adoption of these new and amendments to MFRSs did not result in significant changes in the accounting policies of the Group and of the Company, and has no significant effect on the financial performance or position of the Group and of the Company. New and Amendments to MFRS in Issue But Not Yet Effective At the date of authorisation for issue of these financial statements, the new and amendments to MFRSs which were in issue but not yet effective and not early adopted by the Group and by the Company are as listed below: MFRS 18 Presentation and Disclosure in Financial Statements3 MFRS 19 Subsidiaries without Public Accountability: Disclosure3 Amendments to: MFRS 7 and MFRS 9 Contracts Referencing Nature-dependent Electricity2 MFRS 9 and MFRS 7 Amendments to the Classification and Measurement of Financial Instruments (Amendments to MFRS 9 Financial Instruments and MFRS 7 Financial Instruments: Disclosures) 2 MFRS 10 and MFRS 128 Sale or Contribution of Assets between an Investor and its Associate or Joint Venture4 MFRS 19 Subsidiaries without Public Accountability: Disclosures3 MFRS 121 Lack of Exchangeability1 MFRSs Annual improvements to MFRS Accounting Standards - Volume 112 1 Effective for annual periods beginning on or after 1 January 2025, with earlier application permitted. 2 Effective for annual periods beginning on or after 1 January 2026, with earlier application permitted. 3 Effective for annual periods beginnings on or after 1 January 2027, with earlier application permitted. 4 Effective date deferred to a date to be announced by MASB. 6 Financial Insights Through Numbers 1 3 5 2 4 7 PG | 179 ANNUAL REPORT 2025 MKH BERHAD
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