Sample Disclosure – Principal Activities [continuing and discontinued operations] (27 January 2011)

Principal Activities

The principal activity of the Company is investment holding and its subsidiaries are primarily engaged in the manufacture and sale of chilli sauce, bottles and containers manufacturing and packaging and the provision of management services.

There have been no significant changes in the nature of these activities during the financial year except as disclosed in Note 5 to the financial statements.

Please click this for all the relevant disclosure in one place: Sample Disclosure Of Continuing And Discontinued Operations In One Place (27 January 2011)

Sample Reports And Financial Statements (20 October 2009)

Click Here For Sample In Excel Template

Warning: You may use this template and modify for your own use and distribute it without modification but please do not sell it to others without my consent.

This is a complete sample Reports and Financial Statements of a company with one subsidiary company prepared in accordance with Private Entities Reporting Standards in Malaysia and the Companies Act, 1965. It is in an excel template with the following items included:-

  • DIRECTORS’ REPORT
  • STATEMENT BY DIRECTORS AND STATUTORY DECLARATION
  • AUDITORS’ REPORT
  • CONSOLIDATED BALANCE  SHEET (THE GROUP)
  • CONSOLIDATED INCOME STATEMENT (THE GROUP)
  • CONSOLIDATED STATEMENT OF CHANGES IN EQUITY (THE GROUP)
  • CONSOLIDATED CASH FLOW STATEMENT (THE GROUP)
  • BALANCE  SHEET (THE COMPANY)
  • INCOME STATEMENT (THE COMPANY)
  • STATEMENT OF CHANGES IN EQUITY (THE COMPANY)
  • CASH FLOW STATEMENT (THE COMPANY)
  • NOTES TO THE FINANCIAL STATEMENTS (THE COMPANY)
  • FINANCIAL RISK MANAGEMENT POLICY
  • SIGNIFICANT ACCOUNTING POLICIES (Comprising Financial Risk Management Policy, Basis of Accounting, Basis Of Consolidation, Goodwill On Consolidation, Investments and Property, Plant and Equipment, Impairment of Assets, Income Taxes, Revenue Recognition, Foreign Currency Transactions and Balances, Employee Benefits, Financial Instruments)
  • NOTE ON PROPERTY, PLANT AND EQUIPMENT OF THE COMPANY
  • NOTE ON PROPERTY, PLANT AND EQUIPMENT OF THE GROUP
  • NOTE ON INVESTMENT, INVESTMENT IN ASSOCIATED COMPANY AND PART 1 OF INVESTMENT IN SUBSIDIARY COMPANY,  TRADE RECEIVABLES, AMOUNT DUE FROM ASSOCIATED COMPANY, AMOUNT DUE FROM SUBSIDIARY COMPANY AND FIXED DEPOSITS WITH LICENSED BANKS,  OTHER PAYABLES AND ACCRUALS, HIRE PURCHASE AND LEASE PAYABLES, BANK BORROWINGS, SHARE CAPITAL, DEFERRED TAX LIABILITIES, REVENUE, PROFIT BEFORE TAXATION, TAXATION AND CONTINGENT LIABILITIES
  • DETAILED INCOME STATEMENT (This does not form part of the  Reports and Financial Statements but frequently included for management purposes and other means such as income tax submission)

Sample Disclosure – Dividend Declaration in Directors’ Report (18 August 2009)

DIVIDENDS RM
The amounts of dividends paid or declared by the Company since 31 December 2007 were as follows:
In respect of the financial year ended 31 December 2007 as reported in the directors’ report of that year:
Final dividend of 45% less 25% taxation, on 100,000,000 ordinary shares, declared on 1 March 2008 and paid on 1 April 2008 33,750,000
In respect of the financial year ended 31 December 2008:
Interim dividend of 10% less 25% taxation, on 100,000,000 ordinary shares, declared on 1 June 2008 and paid on 10 June 2008 7,500,000

At the forthcoming Annual General Meeting, a final dividend in respect of the financial year ended 31 December 2008, of 30% less 25% taxation on 100,000,000 ordinary shares, amounting to a dividend payable of RM22,500,000 (22.50 cents net per ordinary share) will be proposed for members’ approval. The financial statements for the current financial year do not reflect this proposed dividend. Such dividend, if approved by the members of the Company, will be accounted for in equity as an appropriation of accumulated profits in the financial year ending 31 December 2009.