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fInanCIal StatementS
Independent auditors’ report
t o t h e m e mb e r s o f K um p u l a n F i m a B e r h a d ( I n c o r p o r at e d i n M a l ay s i a )
Report on the financial statements
Opinion
We have audited the financial statements of Kumpulan Fima Berhad, which comprise the statements of financial position as at
31 March 2018 of the Group and of the Company, and statements of comprehensive income, statements of changes in equity and
statements of cash flows of the Group and of the Company for the year then ended, and notes to the financial statements, including
a summary of significant accounting policies, as set out on pages 109 to 194.
In our opinion, the accompanying financial statements give a true and fair view of the financial position of the Group and of the
Company as at 31 March 2018, and of their financial performance and their cash flows for the year then ended in accordance with
Financial Reporting Standards and the requirements of the Companies Act, 2016 in Malaysia.
Basis for opinion
We conducted our audit in accordance with approved standards on auditing in Malaysia and International Standards on Auditing.
Our responsibilities under those standards are further described in the Auditors’ responsibilities for the audit of the financial
statements section of our report. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a
basis for our audit opinion.
Independence and other ethical responsibilities
We are independent of the Company in accordance with the By-Laws (on Professional Ethics, Conduct and Practice) of the
Malaysian Institute of Accountants (“By-Laws”) and the International Ethics Standards Board for Accountants’ Code of Ethics for
Professional Accountants (“IESBA Code”), and we have fulfilled our other ethical responsibilities in accordance with the By-Laws
and the IESBA Code.
Key Audit Matters
Key audit matters are those matters that, in our professional judgement, were of most significance in our audit of the financial
statements of the Group and of the Company for the current year. We have determined that there are no key audit matters to
communicate in our report on the financial statements of the Company. The key audit matter for the financial statements of the
Group is described below. These matters were addressed in the context of our audit of the financial statements of the Group as a
whole and in forming our opinion thereon, and we do not provide a separate opinion on these matters. For each matter below, our
description of how our audit addressed the matter is provided in that context.
We have fulfilled the responsibilities described in the Auditors’ responsibilities for the audit of the financial statements section of our
report, including in relation to these matters. Accordingly, our audit included the performance of procedures designed to respond
to our assessment of the risks of material misstatement of the financial statements. The results of our audit procedures, including
the procedures performed to address the matters below, provide the basis of our audit opinion on the accompanying financial
statements.