Page 54 - AOB 2018 (ENG)

Audit
Oversight
Board
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 AOB’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 assets
Loans and receivables
Other receivables 84,341 84,341
Other investments 190,333 190,333
Cash and cash equivalents 546,781 546,781

821,455 821,455

Financial liabilities
Other financial liabilities
measured at amortised cost
Other payables and accruals (22,000) (22,000)

Reclassification from loans and receivables to amortised cost

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

52 | PART TWO STATEMENTS