Sasbadi Annual Report 2017

73 ANNUAL REPORT 2017 NOTES TO THE FINANCIAL STATEMENTS 1. Basis of preparation (continued) (a) Statement of compliance (continued) MFRSs, Interpretations and amendments effective for annual periods beginning on or after 1 January 2018 x MFRS 9, Financial Instruments (2014) x MFRS 15, Revenue from Contracts with Customers x Clarifications to MFRS 15, Revenue from Contracts with Customers x IC Interpretation 22, Foreign Currency Transactions and Advance Consideration x Amendments to MFRS 1, First-time Adoption of Malaysian Financial Reporting Standards (Annual Improvements to MFRS Standards 2014-2016 Cycle) x Amendments to MFRS 2, Share-based Payment – Classification and Measurement of Share-based Payment Transactions x Amendments to MFRS 4, Insurance Contracts – Applying MFRS 9 Financial Instruments with MFRS 4 Insurance Contracts x Amendments to MFRS 128, Investments in Associates and Joint Ventures (Annual Improvements to MFRS Standards 2014-2016 Cycle) x Amendments to MFRS 140, Investment Property – Transfers of Investment Property MFRSs, Interpretations and amendments effective for annual periods beginning on or after 1 January 2019 x MFRS 16, Leases x IC Interpretation 23, Uncertainty over Income Tax Treatments x Amendments to MFRS 128, Long-term Interests in Associates and Joint Ventures x Amendments to MFRS 9, Prepayment Features with Negative Compensation MFRSs, Interpretations and amendments effective for annual periods beginning on or after 1 January 2021 x MFRS 17, Insurance Contracts MFRSs, Interpretations and amendments effective for annual periods beginning on or after a date yet to be confirmed x Amendments to MFRS 10, Consolidated Financial Statements and MFRS 128, Investments in Associates and Joint Ventures – Sale or Contribution of Assets between an Investor and its Associate or Joint Venture