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FRONTKEN CORPORATION BERHAD
(651020-T)
ANNUAL REPORT
2015
31.
RECLASSIFICATIONS AND
COMPARATIVE FIGURES
Certain reclassifications have been made to the prior year’s financial statements to conform with the current year’s
presentation. The items were reclassified as follows:
The Group
As previously
As
reported
restated
RM
RM
As of 31 December 2014
Statements of Financial Position
Non-Current Liabilities
Other payables
-
383,656
Current Liabilities
Other payables and accruals
35,975,693
35,592,037
Statements of Profit or Loss and Other
Comprehensive Income
Cost of sales
240,875,084
242,183,205
Other expenses
9,983,895
8,675,774
32.
FOREIGN EXCHANGE RATES
The principal closing foreign exchange rates used (expressed on the basis of one unit of foreign currency to Ringgit
Malaysia equivalent) for the translation of foreign currency balances at the end of the reporting period are as follows:-
The Group/The Company
2015
2014
RM
RM
Singapore Dollar
3.04
2.64
United States Dollar
4.29
3.50
Philippine Peso
0.09
0.08
New Taiwan Dollar
0.13
0.11
Euro
4.69
4.25
Chinese Renminbi
0.66
0.56
Indonesian Rupiah
0.00031
0.00028
Thai Baht
0.12
0.11
NOTES TO THE FINANCIAL STATEMENTS
(cont’d)