FGV Annual Report 2012

5 F i n a n c i a l S t a t e m e n t s 2 0 1 2 P e n y a t a K e w a n g a n DIRECTORS’ INTEREST IN SHARES AND DEBENTURES According to the Register of Directors’ shareholdings, the Directors who held office at the end of the financial year and their interests in shares of the Company and its related corporations are as follows: Shareholdings in Felda Global Ventures Holdings Berhad Number of ordinary shares of RM1.00 each Granted/ At 1.1.12 acquired Disposed At 31.12.12 Tan Sri Haji Mohd Isa Dato’Hj Abdul Samad – 180,000 – 180,000 Dato’Sabri Ahmad – 180,000 – 180,000 Datuk Dr. Omar Salim – 150,000 – 150,000 Dr. Mohd Emir Mavani Abdullah – 150,000 – 150,000 Dato’ Yahaya Abd Jabar – 150,000 – 150,000 Tan Sri Dato’Dr. Wan Abdul Aziz Wan Abdullah – 150,000 – 150,000 Shareholdings in MSM Malaysia Holdings Berhad Number of ordinary shares of RM0.50 each Granted/ At 1.1.12 acquired Disposed At 31.12.12 Tan Sri Haji Mohd Isa Dato’Hj Abdul Samad 20,000 – – 20,000 Dato’Sabri Ahmad 20,000 – – 20,000 Datuk Dr. Omar Salim 20,000 – – 20,000 Tan Sri Dato’Dr. Wan Abdul Aziz Wan Abdullah 20,000 – – 20,000 Other than as disclosed above, according to the Register of Directors’ shareholdings, the Directors in office at the end of the financial year did not hold any interest in shares and options over shares in the Company, or shares, options over shares and debentures of its related corporations during the financial year. STATUTORY INFORMATION ON THE FINANCIAL STATEMENTS Before the statements of comprehensive income and statements of financial position of the Group and the Company were made out, the Directors took reasonable steps: (a) to ascertain that proper action had been taken in relation to the writing off of bad debts and the making of allowance for doubtful debts and satisfied themselves that all known bad debts had been written off and that adequate allowance had been made for doubtful debts; and (b) to ensure that any current assets, other than debts, which were unlikely to realise in the ordinary course of business their values as shown in the accounting records of the Group and the Company had been written down to an amount which they might be expected so to realise. At the date of this report, the Directors are not aware of any circumstances: (a) which would render the amounts written off for bad debts or the amount of the allowance for doubtful debts in the financial statements of the Group and the Company inadequate to any substantial extent; or (b) which would render the values attributed to current assets in the financial statements of the Group and the Company misleading; or (c) which have arisen which render adherence to the existing method of valuation of assets or liabilities of the Group and the Company misleading or inappropriate.