FGV Audited Financial Statements 2019

220 FGV HOLDINGS BERHAD NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2019 62 EFFECTS OF CHANGE IN ACCOUNTING POLICY (CONTINUED) Impact on change in accounting policy on statements of financial position (continued) Company (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 presented As previously stated Effects of MFRS 16 Restated As previously stated Effects of MFRS 16 adoption Restated Non-current assets Rights-of-use assets - 33,436 33,436 - 37,797 37,797 - 13,429 13,429 Deferred tax assets - - - 28,119 201 28,320 - 327 327 Non-current liabilities Lease liabilities - 32,064 32,064 - 30,500 30,500 - 10,099 10,099 Deferred tax liabilities 478 (478) - - - - - - - Current liabilities Lease liabilities - 3,363 3,363 - 8,133 8,133 - 4,692 4,692 Equity Retained earnings 101,892 (1,513) 100,379 180,968 (635) 180,333 36,978 (1,035) 35,943