| ANNUAL REPORT 2015
102
NOTES TO THE FINANCIAL STATEMENTS
30 June 2015
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 has been changed from No. 62, Jalan Kilang Midah, Taman Midah, Cheras,
56000 Kuala Lumpur to Level 6, Ikon Connaught, Lot 160, Jalan Cerdas, Taman Connaught, Cheras, 56000 Kuala Lumpur.
The consolidated financial statements for the financial year ended 30 June 2015 comprise the Company and its subsidiaries
and the interests of the Group in associates. These financial statements are presented in Ringgit Malaysia (“RM”), which is also
the functional currency of the Company. 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 12 October
2015.
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 94 to 195 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.
However, Note 40 to the financial statements set out on page 196 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.
The preparation of financial statements in conformity with MFRSs requires the Directors to make estimates and
assumptions that affect the reported amounts of assets, liabilities, revenue and expenses and disclosure of contingent
assets and contingent liabilities. In addition, the Directors are also required to exercise their judgement in the process of
applying the accounting policies. The areas involving such judgements, estimates and assumptions are disclosed in Note
6 to the financial statements. Although these estimates and assumptions are based on the Directors’ best knowledge of
events and actions, actual results could differ from those estimates.
