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Fima Corporation Berhad
(21185-P)
financial statements
82
OTHER STATUTORY INFORMATION
(a)
Before the statements of comprehensive income and statements of financial position of the Group and of the Company were
made out, the directors took reasonable steps:
(i)
to ascertain that proper action had been taken in relation to the writing off of bad debts and the making of allowance for
doubtful debts and satisfied themselves that there were no known bad debts and that adequate allowance had been made
for doubtful debts; and
(ii)
to ensure that any current assets which were unlikely to realise their values as shown in the accounting records in the
ordinary course of business had been written down to an amount which they might be expected so to realise.
(b)
At the date of this report, the directors are not aware of any circumstances which would render:
(i)
it necessary to write off any bad debts or the amount of the allowance for doubtful debts inadequate to any substantial
extent; and
(ii)
the values attributed to the current assets in the financial statements of the Group and of the Company misleading.
(c)
At the date of this report, the directors are not aware of any circumstances which have arisen which would render adherence to
the existing method of valuation of assets or liabilities of the Group and of the Company misleading or inappropriate.
(d)
At the date of this report, the directors are not aware of any circumstances not otherwise dealt with in this report or the financial
statements which would render any amount stated in the financial statements of the Group and of the Company misleading.
(e)
As at the date of this report, there does not exist:
(i)
any charge on the assets of the Group and of the Company which has arisen since the end of the financial year which
secures the liabilities of any other person; or
(ii)
any contingent liability in respect of the Group or of the Company which has arisen since the end of the financial year.
(f)
In the opinion of the directors:
(i)
no contingent liability or other liability has become enforceable or is likely to become enforceable within the period of twelve
months after the end of the financial year which will or may affect the ability of the Group and of the Company to meet their
obligations as and when they fall due; and
(ii)
no item, transaction or event of a material and unusual nature has arisen in the interval between the end of the financial
year and the date of this report which is likely to affect substantially the results of the operations of the Group and of the
Company for the financial year in which this report is made.
SUBSEQUENT EVENTS
Details of subsequent events are disclosed in Note 37 to the financial statements.
AUDITORS
The auditors, Hanafiah Raslan & Mohamad, have expressed their willingness to continue in office. Details of auditors’ remuneration for
their services as auditors are disclosed in Note 6 to the financial statements. No payment has been made to indemnify the auditors
during or since the financial year.
Signed on behalf of the Board in accordance with a resolution of the directors dated 22 June 2017.
Dato’ Adnan bin Shamsuddin
Dato’ Roslan bin Hamir
DIRECTORS’ REPORT