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BONIA ANNUAL REPORT 2013
1. CORPORATE INFORMATION
Bonia Corporation Berhad (the ‘Company’) is a public limited liability company, incorporated and domiciled in Malaysia,
and is listed on the Main Market of Bursa Malaysia Securities Berhad.
The registered office of the Company is located at Lot 10, The Highway Centre, Jalan 51/205, 46050, Petaling Jaya,
Selangor Darul Ehsan.
The principal place of business of the Company is located at No. 62, Jalan Kilang Midah, Taman Midah, Cheras, 56000
Kuala Lumpur.
The consolidated financial statements for the financial year ended 30 June 2013 comprise the Company and its
subsidiaries and the Group’s interest in associates. These financial statements are presented in Ringgit Malaysia (‘RM’),
which is also the Company’s functional currency. All financial information presented in RM has been rounded to the
nearest thousand, unless otherwise stated.
The financial statements were authorised for issue in accordance with a resolution by the Board of Directors on 8
October 2013.
2. PRINCIPAL ACTIVITIES
The Company is principally an investment holding and management company. The principal activities of the subsidiaries
are set out in Note 10 to the financial statements.
There have been no significant changes in the nature of these activities during the financial year.
3. BASIS OF PREPARATION
The financial statements of the Group and of the Company set out on pages 89 to 185 have been prepared in accordance
with Malaysian Financial Reporting Standards (‘MFRSs’), International Financial Reporting Standards (‘IFRSs’) and the
provisions of the Companies Act, 1965 in Malaysia.
These are the Group and the Company’s first financial statements prepared in accordance with MFRSs, and MFRS 1
First-time Adoption of Malaysian Financial Reporting Standards
has been applied. In the previous financial years, the
financial statements of the Group and of the Company were prepared in accordance with Financial Reporting Standards
(‘FRSs’) in Malaysia.
The Group and Company have consistently applied the same accounting policies in its opening MFRS statements of
financial position as at 1 July 2011 and throughout all financial years presented, as if these policies had always been in
effect. Comparative figures for the financial year ended 30 June 2012 in these financial statements have been restated
to give effect to these changes, and Note 40 to the financial statements discloses the impact of the transition to MFRS
on the Group and Company’s reported financial position, financial performance and cash flows for the financial year then
ended.
However, Note 41 to the financial statements set out on page 186 has been prepared in accordance with Guidance on
Special Matter No. 1,
Determination of Realised and Unrealised Profits or Losses in the Context of Disclosure Pursuant
to Bursa Malaysia Securities Berhad Listing Requirements
, as issued by the Malaysian Institute of Accountants (‘MIA
Guidance’) and the directive of Bursa Malaysia Securities Berhad.
4. SIGNIFICANT ACCOUNTING POLICIES
4.1 Basis of accounting
The financial statements of the Group and of the Company have been prepared under the historical cost convention
except as otherwise stated in the financial statements.
NOTES TO THE FINANCIAL STATEMENTS
30 June 2013