In: Business and Management

Submitted By shafieNR
Words 9735
Pages 39
MFRS 133

Malaysian Financial Reporting Standard 133

Earnings per Share
This version includes amendments resulting from MFRSs with effective dates no later than 1 January 2012.

Amendments with an effective date later than 1 January 2012
MFRS 133 has been amended by:
 MFRS 10 Consolidated Financial Statements*
 MFRS 11 Joint Arrangements*
 MFRS 13 Fair Value Measurement*
 Presentation of Items of Other Comprehensive Income (Amendments to MFRS 101)†
As those amendments have an effective date after 1 January 2012 they are not included in this edition.

effective date 1 January 2013 effective date 1 July 2012


MFRS 133

CONTENTS paragraphs Preface










Basic earnings per share






Diluted earnings per share






Dilutive potential ordinary shares


Options, warrants and their equivalents


Convertible instruments


Contingently issuable shares


Contracts that may be settled in ordinary shares or cash


Purchased options


Written put options












Application guidance


IFRS Foundation


MFRS 133

Malaysian Financial Reporting Standard 133 Earnings per Share (MFRS 133) is set out in paragraphs 1–76 and Appendix A. All the paragraphs have equal authority.
MFRS 133 should be read in the context of its objective and the Basis for
Conclusions, the Foreword to Financial Reporting Standards and the Conceptual
Framework for…...

Similar Documents

Statutory Checklist

...STATUTORY CHECKLIST Sr. PARTICULARS REFERENCE FREQUENCY & DATE STATUS Factories Act 1948 / MFR 1963 1 Annual Returns Form 27 Rule (119) 1 Yearly Before 1st February 2 Certificate of stability Form 1 A Rule 3 A Every 5 Years And after any modification or changes in the plant. 3 Health register / Medical Check up Form 7 Rule 18 (7), 114 Half Yearly 4 Pressure vessels, PRV’s testing Form 13 Rule 65 External: Half Yearly Internal : Yearly Hydraulic: 4 Years Ultrasonic: 5 Lifts & Hoist Checking Form 11 Rule 62 Yearly 6 Lifting machines, ropes & Tackles inspection Form 13 Rule 65 Half yearly 7 Lime washing & painting Form 8 Rule 20&51 If painted otherwise than with washable water paint or varnished: To be repainted or revarnished in every 5 yrs. If washable paint is used: Washing in every 6 months & Repainting of 1 coat at 3 years. If clean impervious surface is there the cleaning shall be done in 14 months. 8 Annual Inspection & Compliance report --- After the visit of factory inspector compliance report of the inspection to be sent to DISH 9 [Permissible limits of exposure of chemical & toxic substances] Work area monitoring Sec. 41 F The permissible level of exposure of the certain chemicals shall be as mentioned in the schedule 2 MPCB 10 Environment statement Form V Yearly 11 Water CESS Form 1 5th of every month 12 Environment monitoring -- Quarterly Hazardous waste management & Handling Rules,......

Words: 639 - Pages: 3


...MFRS 4 insurance contracts MFRS 111 -1 insurance Industry MFRS 4 insurance contracts 1. Introduction 2 main parties in the insurance business: 1- the insured and 2) the insurer. The insured is the individual or organization, which had agreed to contribute an amount of money and been relieved from the risks The insurer is usually an organization, which manages the money and undertakes the risks. MFRS 111 -3 Introduction • The insurance business can be broadly categorized into two classes, the general insurance and the life insurance. • life insurance business is involved in life insurance policies. • general insurance business is involved in policies other than life insurance policies such as marine, motor vehicles, fire and theft. • Takaful -Islamic insurance, which also offers life and general insurance, but is managed according to the syariah laws. MFRS 111 -4 2. Definitions • Several terms used in General Insurance Business. • Acquisitions cost are commissions and agency related expenses incurred in securing premium on general insurance policies. • Claims are demand by any party for payment by the insurer of a policy benefit on account of an alleged loss resulting from an event or events alleged to be covered by a policy of insurance. MFRS 111 -5 2. Definitions • Premium is the amount payable to an insurer under a policy as consideration for the obligations assumed by the insurer. •   • Reinsurance is an arrangement whereby the......

Words: 3267 - Pages: 14


...Project Management • SME for GPhA and other MFR clients • SCTF • PDSA Current Legislative Environment States ePedigree - California 2015/2016 THS = Transaction history (shipped) RTH = Transaction history (received) = Product information = Statement of accuracy/certification PI S Data Package/Records THS1 R1 TH THS2 PI R1 THS3 TH R2 TH PI S3 R1 TH R2 TH R3 TH PI S1 S1 S2 S1 S2 S1 S2 S3 Manufacturer Wholesaler Secondary Wholesaler Dispenser Trading partners pass product information and all prior transaction history upon each change of ownership. Electronic Pedigrees in California “Pedigree” means a record, in electronic form, containing information regarding each transaction resulting in a change of ownership of a given dangerous drug, from sale by a manufacturer, through acquisition and sale by one or more wholesalers, manufacturers, repackagers, or pharmacies, until final sale to a pharmacy or other person furnishing, administering, or dispensing the dangerous drug. The pedigree shall be created and maintained in an interoperable electronic system, ensuring compatibility throughout all stages of distribution. Pedigree includes: MFR name / address & registration number, drug name, quantity, dosage form and strength, transaction date, invoice number, container size, number of containers, expiry, lot number. California Law – Main features • Unit – case level serialization – Inference = Aggregation by MFRs and anyone downstream opening a......

Words: 1001 - Pages: 5


...break-up basis are in accordance with Malaysian Financial Reporting Standards (“MFRS”), International Financial Reporting Standards and the Companies Act, 1965 in Malaysia. These are the Group’s and the Company’s first financial statements prepared in accordance with MFRSs and MFRS 1, First-time Adoption of Malaysian Financial Reporting Standards has been applied. In the previous years, the financial statements of the Group and the Company were prepared in accordance with Financial Reporting Standards (“FRSs”) in Malaysia. As disclosed in Note 24, there is no financial impact on transition to MFRSs. The following are accounting standards, amendments and interpretations of the MFRS framework that have been issued by the Malaysian Accounting Standards Board (“MASB”) but have not been adopted by the Group and the Company: MFRSs, Interpretations and amendments effective for annual periods beginning on or after 1 July 2012 • Amendments to MFRS 101, Presentation of Financial Statements – Presentation of Items of Other Comprehensive Income MFRSs, Interpretations and amendments effective for annual periods beginning on or after 1 January 2013 • MFRS 10, Consolidated Financial Statements • MFRS 11, Joint Arrangements • MFRS 12, Disclosure of Interests in Other Entities • MFRS 13, Fair Value Measurement • MFRS 119, Employee Benefits (2011) • MFRS 127, Separate Financial Statements (2011) • MFRS 128, Investments in Associates and Joint Ventures......

Words: 20044 - Pages: 81

Audit Kontigensi

...Dalam tajuk kejadiaan selepas tarikh kunci kira-kira iaitu ketidakpastian dalam laporan kewangan, salah satu topik yang dibincangkan ialah kontingensi. Di Malaysia MFRS 137 Peruntukan, Liabiliti Kontingen dan Aset Kontingen merupakan standard pelaporan kewangan yang digunakan untuk sebarang peruntukan, aset kontingen dan liabililiti kontingen. Objektif MFRS 137 ialah untuk memastikan bahawa kriteria pengiktirafan dan asas pengukuran yang sesuai telah digunakan kepada peruntukan, liabilti kontingen dan aset kontingen serta maklumat yang mencukupi didedahkan dalam nota bagi membolehkan pengguna memahami ciri-ciri, pemasaan dan amaun. MFRS 137 adalah sama dengan IAS 37 seperti yang telah dipinda dan dikeluarkan oleh IASB, temasuklah tarikh efektif dan tarikh pengisuan. Entiti yang mematuhi MFRS 137 secara langsung telah mematuhi IAS 37. Oleh itu dalam perbincangan ini kita akan melihat satu persatu mengenai peruntukan, aset kontingen dan liabiliti kontingen.Fokus utama perbincangan ini adalah berkaitan dengan liabiliti kontingen. 2.0 PERUNTUKAN Peruntukan adalah liabiliti dengan pemasaan atau amaun yang tidak pasti. Berbeza dengan lain-lain liabiliti kerana terdapat ketidakpastian tentang pemasaan atau amaun penyelesaian pada masa hadapan. Perlakuan perakaunan untuk peruntukan ialah ia perlu diiktiraf apabila (MFRS 137 perenggan 14): a. Entiti mempunyai tanggungan semasa (perundangan atau konstruktif) yang wujud akibat peristiwa lepas, b. Perlu......

Words: 3763 - Pages: 16


...mengenai MFRS 108 Polisi Perakaunan, Perubahan Dalam Anggaran Perakaunan dan Kesilapan, ianya berkaitan dengan penggunaan MFRS 1 First-time Adoption of Malaysian Financial Reporting Standard. Sebelum penerangan mengenai MFRS 108 diberikan dengan lebih jauh lagi, penerangan mengenai MFRS 1 akan diberikan perhatian terlebih dahulu dan seterusnya hubung kait diantara keduanya akan dapat dilihat dengan lebih jelas. 1.1 Pengenalan : MFRS 1 MFRS 1 First-time Adoption of Malaysian Financial Reporting Standards Tarikh Efektif dan Aplikasi MFRS 1 Sesuatu entiti akan terpakai MFRS 1 untuk tempoh tahunan bermula pada atau selepas 1 Januari 2012. Pemakaian MFRS 1 adalah perlu kerana jika tidak, penyata kewangan itu dikatakan tidak menjalankan pematuhan terhadap IFRS. MFRS 1 dikatakan terpakai apabila entiti pertama mematuhi setiap satu daripada MFRS bersamaan dengan IFRS berkuatkuasa bagi tempoh tahunan bermula pada atau selepas 1 Januari 2012 bagi penyata kewangan MFRS pertamanya. Secara umumnya, MFRS 1 memerlukan maklumat perbandingan yang akan dinyatakan semula jika keperluan MFRS telah digunakan berkuatkuasa bagi tempoh tahunan bermula pada atau selepas 1 Januari 2012, kecuali apabila piawaian: 1) melarang penggunaan retrospektif dalam beberapa aspek atau 2) membolehkan penerimaan pakai kali pertama untuk menggunakan salah satu atau lebih daripada pengecualian atau pengecualian yang terkandung di dalamnya. Objektif MFRS 1 Merujuk kepada Para 1, objektif bagi MFRS 1......

Words: 5497 - Pages: 22

Employee Benefits

...MFRS 119 Employee Benefits MFRS 119 define employee benefits as to prescribe the accounting and disclosure by employers for employee benefits. Thus, it replaces MASB Approved Accounting Standard IAS 19 Accounting for Retirement Benefits in the Financial Statements of Employees. The major changes from old IAS 19 are set out in the Basis for Conclusions. The Standard does not deal with reporting by employee benefit plans (see FRS 126 Accounting and Reporting by Retirement Benefit Plans ). From MFRS 119, there are four categories of employee benefits to be identified which are: (a) short-term employee benefits, such as wages, salaries and social security contributions, paid annual leave and paid sick leave, profit-sharing and bonuses (if payable within twelve months of the end of the period) and non-monetary benefits (such as medical care, housing, cars and free or subsidised goods or services) for current employees; (b) post-employment benefits such as pensions, other retirement benefits, post-employment life insurance and post-employment medical care; (c) other long-term employee benefits, including long-service leave or sabbatical leave, jubilee or other long-service benefits, long-term disability benefits and, if they are payable twelve months or more after the end of the period, profit-sharing, bonuses and deferred compensation; and (d) termination benefits. 3.1 Accounting Policy Used on MFRS 119 Employee Benefits for AZRB AZRB act or implement the employee......

Words: 2066 - Pages: 9

Mfrs Chapter 12

...Chapter 12 1(a) Tagline Statement of Cash Flows For the year ended 31 December x5 | RM’000 | | RM’000 | Cash from operating activities: | | | | Profit before taxation | | | 50 | Adjustments fro: | | | | Depreciation | | | 2,200 | Profit on disposal of PPE (12,000-7,400) | | | (4,600) | Release of government grant | | | (250) | Increase in insurance claim receivable | | | (300) | Interest expense | | | 260 | Investment income | | | (40) | Cash generated from operations | | | (2,680) | Increase in inventories | | | (700) | Increase in trade receivables | | | (500) | Increase in trade payables | | | 1,100 | | | | (2,780) | Interest paid | | | (260) | Income taxes paid | | | (1,350) | Net cash flow from operating activities | | | (4,390) | | | | | Cash flows from investing activities: | | | | Purchase of plant | (2,900) | | | Proceeds from the disposal of plant | 12,000 | | | Proceeds from government grant | 950 | | | Investment income | 40 | | 10,090 | Net cash inflow......

Words: 1211 - Pages: 5


...current scenario of the Indian Two wheeler industry in India. This project enables the reader to have a look at the position of the Two Wheeler companies of the country. T his is really a matter of pleasure for us to prepare a project report as it was included in our course by the Saurashtra University. It gave us the opportunity to learn things practically what we learnt enterprise and their impact on the working of the company. It really gives us pride to first thanks to the Sales Manager of “Automotive Mfrs Pvt Ltd”, Mr. Kumar Anjaria that give us the chance to make analysis of “Bajaj auto’s” vehicle and he also guide us through out our project. He give many Ideas, Knowledge, Suggestions from his pool of knowledge and also by sharing his valuable experiences in the field area. SR. NO. PARTICULARS PAGE NO. 1 OVERVIEW OF AUTOMOBILE INDUSTRY 7 2 GENERAL PROFILE OF BAJAJ AUTO 19 3 FINANCIAL RESULT OF BAJAJ AUTO 46 4 DEALERS PROFILE 52 5.1 PROFILE OF AUTOMOTIVE MFRS. PVT LTD 55 5.2 MARKETING DEPARTMENT 64 5.3 PERSONNAL DEPARTMENT 72 6 RESEARCH METHEDOLOGY 85 7 RESEARCH FINDING & CONCLUSION 110 8 SUGGESTIONS 113 9 BIBLIOGRAPHY 115 T he History of the automobile actually began about 4,000 years ago when the first wheel was used for transportation in India. Several Italians recorded designs for wind-driven vehicles. The first was Guido da Vigevano in 1335. It was a windmill-type drive to gears and thus to wheels. Vaturio designed a similar vehicle that......

Words: 10303 - Pages: 42

Mfrs 8 Operating Segment

...I) The reason of the importance of MFRS 8 Operating Segments for accounting user A Framework for decision making MFRS 8 is important because It specifies how the firm should report their information about its operating segments in the annual financial statements and interim reports and because its sets out the requirements for related disclosures about products and services, geographical area and major customers, therefore the firm can not include any segment in the annual financial statement, any segment reported must have meet specified criteria. Clear Identification of Financial Benefits MFRS 8 is important because stakeholders can view the activities of the segments and see how its adds to the development and growth of the firm, since MFRS 8 requires the firm to report the profit or loss of the segments assets and also it requires the firm to quantify the segment liabilities and also to disclose information about countries where its earns revenues and information about the firms major customers, so by disclosing this information stakeholders are able to make informed decisions about the firm Entity Wide Disclosures MFRS 8 is important because it facilitates entity wide disclosures because in doing the analysis of a large firm there need to be a breakdown of the segments performance in order to properly evaluate individual operating segments to determine how resources should be allocated to the most effective segments and where to moves resources from the less......

Words: 1323 - Pages: 6

Related Party Transaction

...What is related party transaction? Based on MFRS 124 (Paragraph 9) - A related party transaction is a transfer of resources, services or obligations between a reporting entity and a related party, regardless of whether a price is charged. Who are the related parties of the company? Based on MFRS 124 (paragraph 9) - A related party is a person or entity that is related to the entity that is preparing its financial statements (in this Standard referred to as the ‘reporting entity’). a) A person or a close member of that person’s family is related to a reporting entity if that person: i. has control or joint control over the reporting entity; ii. has significant influence over the reporting entity; or iii. is a member of the key management personnel of the reporting entity or of a parent of the reporting entity. b) An entity is related to a reporting entity if any of the following conditions applies: i. The entity and the reporting entity are members of the same group (which means that each parent, subsidiary and fellow subsidiary is related to the others). ii. One entity is an associate or joint venture of the other entity (or an associate or joint venture of a member of a group of which the other entity is a member). iii. Both entities are joint ventures of the same third party. iv. One entity is a joint venture of a third entity and the other entity is an associate of the third entity. v. The entity is a post-employment benefit......

Words: 1123 - Pages: 5


...of Malaysian Financial Reporting Standards (MFRSs) with International Financial Reporting Standards (IFRSs) issued by the International Accounting Standards Board (IASB). MFRSs Comparison of MPERS and MFRSs 1) Component of financial statement MPERS | MFRs | 1. Components of financial statements: (i) Two statements each for financial position, comprehensive income, changes in equity, cash flows and notes. (ii) No requirement for the 3rd statement of financial position. 2. Choice of one continuous statement or two separate statements for presentation of comprehensive income. No requirement to segregate items of OCI into those that may or may not be reclassified to profit or loss. Attribution to owners and non-controlling interests to be shown separately. Presentation of extraordinary items is banned. 3. If the only changes during the period arise from profit or loss, payment of dividends, correction of errors and changes in accounting policy, may present a single statement of income and retained earnings in place of statement of comprehensive income and statement of changes in equity, 4. Disclosure of judgements applied in the selection of accounting policies and estimation uncertainties [S8.6 & S8.7] | MFRS 101 1. Components of financial statements: (i) Two statements each for financial position, profit or loss and other comprehensive income, changes in equity, cash flows and notes. (ii) 3rd statement of financial position as at the beginning of the......

Words: 2525 - Pages: 11

Hupseng Annual Report

... MFRS 10 Consolidated Financial Statements MFRS 12 Disclosure of Interests in Other Entities MFRS 127 Separate Financial Statements MFRS 132 Financial Instruments: Presentation MFRS 136 Impairment of Assets MFRS 139 Financial Instruments: Recognition and Measurement New IC Int IC Int 21 Levies The adoption of the above amendments/improvements to MFRSs and new IC Int did not have any significant effect on the financial statements of the Group and of the Company. 32 Notes to the Financial Statements (cont’d) 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued) 2.2 New MFRSs, Amendments/Improvements to MFRSs and New IC Interpretations (“IC Int”) (Continued) (b) New MFRSs and Amendments/Improvements to MFRSs that are issued, but not yet effective and have not been early adopted The Group and the Company have not adopted the following new MFRSs and amendments/ improvements to MFRSs that have been issued by the Malaysian Accounting Standards Board (“MASB”) as at the date of authorisation of these financial statements but are not yet effective for the Group and the Company:Effective for financial periods beginning on or after New MFRSs MFRS 9 Financial Instruments MFRS 15 Revenue from Contracts with Customers Amendments/Improvements to MFRSs MFRS 1 First-time Adoption of Malaysian Financial Reporting Standards MFRS 2 Share-based Payment MFRS 7 Financial Instruments: Disclosure MFRS 8 ...

Words: 32732 - Pages: 131

Corporate Accounting

... Consolidated and Separate Statements of Comprehensive Income Exhibit 5(a) Consolidated SOFP Exhibit 5(b) Separate SOFP Exhibit 6 Consolidated SOCIE Exhibit 7 Separate SOCIE Exhibit 8 Consolidated and Separate SOCF Exhibit 9 Disclosure about Reporting Date Exhibit 10 Acquisition Method of Business Combinations Exhibit 11 Comparisons of Investment in Subsidiaries of 2 years Exhibit 12 Goodwill as Intangible Assets and Computations Exhibit 13(a) Goodwill Recognized on Acquisition Date Exhibit 14 Goodwill shown in Intangible Assets Exhibit 15 Investment in A Joint Venture Exhibit 16 Equity Method of Joint Venture Exhibit 17 Adjustments to CSOFP for MFRS 11 Adoption Exhibit 18 Adjustments to CSOCIE & CSOCF for MFRS 11 Adoption Exhibit 19 Adjustments to SOFP, and SOCF for MFRS 11 Adoption Exhibit 20 Summary of Financial Information Investment in A Joint Venture Exhibit 21 Separate Calculation for Investment in Associates Exhibit 22 Recognition of Dividend Income Exhibit 23 Dividend Income From Subsidiaries and Associate Exhibit 24 Investment in An Associate Exhibit 24 Summary of Financial Information Investment in An Associate 1.0 Introduction The objectives of this assignment is to allow students to have a closer and thorough look in the accounting standards set out by the IASB and to gain knowledge on the requirement by the standards on how the companies should disclose the relevant information in their financial report in......

Words: 5700 - Pages: 23

Lecture 10

...MFRS 110 :EVENTS AFTER THE REPORTING DATE CIA 1003 INTERMEDIATE FINANCIAL ACCOUNTING AND REPORTING CAEA 1214 FINANCIAL ACCOUNTING AND REPORTING II Semester 2, 2015/2016 Learning outcome •  Determine the different types of events after the reporting period in accordance with MFRS110. •  Apply MFRS 110 to account for events after the reporting period either to: •  Make adjustments in the financial statements •  Prepare the necessary disclosures •  Present the different types of events after the reporting period in the financial statements in compliance with MFRS110. Lecture outline •  Introduction •  Definitions •  Types of Events -Adjusting Events -Non Adjusting Event •  Other Issues -Date of authorization for issue -Dividends -Going concern -Disclosure Introduction •  Bursa Malaysia requires large publicly traded companies to lodge their unaudited financial statements within 2 months of fiscal year-end and full financial statements within 4 months •  Business continues during this “subsequent period” and events could take place that have an impact upon the firm’s financial statements for the preceding year •  These events are referred to in the accounting literature as subsequent events or post-balance sheet events. Introduction •  The IASB has released IAS 10, dealing specifically with the accounting for subsequent events. •  IAS 10 requires that companies adjust the reported amount of assets and liabilities if...

Words: 2618 - Pages: 11