FGV Audited Financial Statements 2019

219 01 S E C T I O N NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2019 AUDITED FINANCIAL STATEMENTS 2019 62 EFFECTS OF CHANGE IN ACCOUNTING POLICY (CONTINUED) Impact on change in accounting policy on statements of financial position Group (in RM’000) Effects on current year Restatement of comparative figures As at 31 December 2019 As at 31 December 2018 As at 1 January 2018 Previous policy Effects of MFRS 16 adoption As pesented As previously stated Effects of MFRS 16 doption Restated As previously stated Effects of MFRS 16 adoption Restated Non-current assets Property, plant and equipment 10,087,268 (1,897,150) 8,190,118 10,521,000 (2,019,827) 8,501,173 10,446,122 (2,054,496) 8,391,626 Prepaid lease payments 39,896 (39,896) - 67,089 (67,089) - 71,666 (71,666) - Rights-of-use assets - 2,213,761 2,213,761 - 2,365,422 2,365,422 - 2,381,293 2,381,293 Deferred tax assets 645,522 5,779 651,301 605,163 2,882 608,045 740,359 2,347 742,706 Non-current liabilities Lease liabilities - 258,957 258,957 - 251,332 251,332 - 228,405 228,405 Current liabilities Lease liabilities - 41,838 41,838 - 42,748 42,748 - 40,284 40,284 Equity Retained earnings 216,324 (14,749) 201,575 462,422 (9,504) 452,918 1,539,670 (8,533) 1,531,137 Non-controlling interests 1,930,651 (3,552) 1,927,099 2,141,816 (3,188) 2,138,628 2,256,428 (2,678) 2,253,750