FGV Annual Report 2016

FELDA GLOBAL VENTURES HOLDINGS BERHAD 336 FINANCIAL REPORT NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2016 58 RESTATEMENT AND EFFECTS OF CHANGE IN ACCOUNTING POLICY (CONTINUED) Impact of change in accounting policy and fraud losses on Statements of Financial Position As at 31 December 2016 As at 31 December 2015 As at 1 January 2015 Previous policy RM'000 Effects on current year As presented RM'000 Previous policy RM'000 Adjustments As restated RM'000 Previous policy RM'000 Adjustments As restated RM'000 (a) RM'000 (b) RM'000 (a) RM'000 (b) RM'000 (a) RM'000 (b) RM'000 Non-current assets Property, plant and equipment 7,039,041 3,034,733 - 10,073,774 6,532,749 2,705,421 - 9,238,170 6,310,324 2,558,139 - 8,868,463 Interests in joint ventures 681,013 - (52,942) 628,071 698,166 - (36,819) 661,347 745,042 - (26,439) 718,603 Biological assets 2,698,390 (2,669,346) - 29,044 2,848,414 (2,819,302) - 29,112 2,791,969 (2,762,782) - 29,187 Deferred tax assets 1,240,331 (460,910) - 779,421 1,282,189 (438,298) - 843,891 1,254,586 (430,560) - 824,026 Current assets Biological assets 42,306 (42,306) - - 57,494 (57,494) - - 50,697 (50,697) - - Capital and reserves Reorganisation reserve (2,088,969) (971,821) - (3,060,790) (2,088,969) (971,821) - (3,060,790) (2,088,969) (971,821) - (3,060,790) Retained earnings 1,197,452 462,317 (52,942) 1,606,827 1,303,521 389,096 (36,819) 1,655,798 1,415,722 303,386 (26,439) 1,692,669 Non-controlling interests 2,440,248 (37,082) - 2,403,166 2,538,622 (26,948) - 2,511,674 2,447,532 (17,465) - 2,430,067