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Independent
Auditors’ Report
to the members of Kumpulan Fima Berhad (Incorporated in Malaysia)
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 2019 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 112 to 205.
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 2019, and of their financial performance and their cash flows for the year then
ended in accordance with Malaysian Financial Reporting Standards (“MFRS”), International Financial Reporting
Standards (“IFRS”) 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.
Kumpulan Fima Berhad
(11817-V)
Annual Report 2019
106