Page 156 - SC Annual Report 2018 (ENG)

Securities
Commission
Malaysia
ANNUAL
REPORT
2018

b. classification of financial assets and financial liabilities on the date of initial
application of MFRs 9

The following table shows the measurement categories under MFRS 139 and the new
measurement categories under MFRS 9 for each class of the SC’s financial assets and
financial liabilities as at 1 January 2018:

1 January 2018
Reclassification to new
MFRs 9 category
31 december 2017 Ac
category under MFRs 139 RM RM
Financial asset
Loan and receivables
Other receivables 8,234 8,234
Other investments 451,306 451,306
Trade and other receivables 27,838 27,838
Cash and cash equivalents 62,101 62,101

549,479 549,479

Held-to-maturity
Other investments 274,005 274,005

Financial liability
other financial liabilities
measured at amortised cost
Other payables and
accruals (59,372) (59,372)

(i) Reclassification from loans and receivables to amortised cost

Trade and other receivables and cash and cash equivalents that were classified as
loans and receivables under MFRS 139 are now reclassified at amortised cost.

(ii) Reclassification from HTM to amortised cost

Quoted bond that were previously classified as HTM were now classified at
amortised cost because the SC intends to hold the assets to maturity to collect
contractual cash flows.

146 | PART 5 »» STATEMENTS, STATiSTiCS ANd ACTiviTiES

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