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Financial
Statements
& Others
126
Gamuda Berhad (29579-T)
Annual Report 2013
Notes to the Financial Statements
31 July 2013
1. Corporate information
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 and principal place of business of the Company
is located at Menara Gamuda, PJ Trade Centre, No. 8, Jalan PJU 8/8A, Bandar Damansara Perdana, 47820 Petaling
Jaya, Selangor Darul Ehsan.
The principal activities of the Company are that of investment holding and civil engineering construction. The
principal activities of the subsidiaries, associated companies and jointly controlled entities are described in Note
18, 19 and 20 respectively. There were no significant changes in the nature of these activities during the financial
year.
The financial statements were authorised for issue by the Board of Directors in accordance with a resolution of the
directors on 8 October 2013.
2. Summary of significant accounting policies
2.1 Basis of preparation
The financial statements of the Group and of the Company have been prepared in accordance with Financial
Reporting Standards (“FRS”) and the requirements of the Companies Act, 1965 in Malaysia.
The financial statements have been prepared on the historical cost basis except as disclosed in the accounting
policies below.
The financial statements are presented in Ringgit Malaysia (“RM”) and all values are rounded to the nearest
thousand (“RM’000”) except when otherwise indicated.
2.2 Changes in accounting policies
The accounting policies adopted are consistent with those of the previous financial year except as follows:
On 1 August 2012, the Group and the Company adopted the following amended FRS and IC Interpretations
mandatory for annual financial periods beginning on or after 1 January 2012 and 1 July 2012.
Effective for annual periods beginning on or after 1 January 2012:
FRS 124
Related Party Disclosures
Amendments to FRS 1
Severe Hyperinflation and Removal of Fixed Dates for First-time Adopters
Amendments to FRS 7
Disclosures - Transfers of Financial Assets
Amendments to FRS 112
Deferred Tax: Recovery of Underlying Assets
Effective for annual periods beginning on or after 1 July 2012:
FRS 101
Presentation of Items of Other Comprehensive Income