LAPORAN TAHUNAN A N N U A L R E P O R T - Ahp.com.my

Laporan Tahunan 2009
Annual Report 2009 84
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2009 (CONTD.)
4. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTD.)
(b) FRSs, Amendments to FRSs and IC Interpretations Issued but Not Yet Effective (Contd.)
Amendments to FRS 132 Financial Instruments: Presentation 1 January 2010
Amendments to FRS 139 Financial Instruments: Recognition and
Measurement, FRS 7 Financial Instruments: Disclosures and
IC Interpretation 9 Reassessment of Embedded Derivatives 1 January 2010
Amendments to FRSs contained in the document entitled
“Improvements to FRSs (2009)” 1 January 2010
* These FRSs, Amendments to FRSs and IC Interpretations are not applicable to the Trust.
The Trust has not early adopted the above FRSs, Amendments to FRSs and Interpretations which have been issued
but not yet effective. The above FRSs, Amendments to FRSs and Interpretations are expected to have no significant
impact on the financial statements of the Trust upon their initial application.
The Trust is exempted from disclosing the possible impact, if any, to the financial statements upon the initial
application of FRS 139 and FRS 7 by virtue of the exemptions stipulated in FRS 7 and FRS 139.
(c) Equipment, Furniture and Fittings and Depreciation
Equipment, furniture and fittings are stated at cost less accumulated depreciation and impairment losses. The
policy for the recognition and measurement of impairment losses is in accordance with Note 4(h).
Depreciation of equipment, furniture and fittings is provided for on a straight line basis to write off the cost of each
asset to its residual value over the estimated useful life at the following annual rates:
Equipment 20%
Furniture and fittings 20%
Computer equipment 25%
Upon the disposal of an item of equipment, furniture and fittings, the difference between the net disposal proceeds
and the carrying amount is charged or credited to the statement of income and expenditure.
(d) Real Estates
Real estates consists of land and buildings which are stated at fair value at each statement of assets and liabilities
date, representing open-market value determined by external valuers. Gains and losses arising from changes in fair
values of real estates are recognised in statement of income and expenditure for the period in which they arise.
Upon the disposal of a real estate, the difference between the net disposal proceeds and the carrying amount is
charged or credited to the statement of income and expenditure.
(e) Real Estate Related-Assets/Non-Real Estate Related-Assets
Real estate related assets consist of quoted shares issued by real estate companies.
Non-real estate related-assets consist of quoted shares issued by non-real estate companies.