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OTHER STATUTORY INFORMATION
(a) Before the statements of financial position and statements of comprehensive income 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 all known
bad debts had been written off and that adequate provision had been made for doubtful
debts; and
(ii) to ensure that any current assets which were unlikely to realise their value 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) the amount written off for bad debts or the allowance for doubtful debts in the financial
statements of the Group and of the Company 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 financial statements of the Group and of the Company which would render
any amount stated in the financial statements misleading.
(e) As at the date of this report, there does not exist:
(i) any charge on the assets of the Group or 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 of the Group or of the Company which has arisen since the end of
the financial year.
pg.
51
Asia Media Group Berhad
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Annual Report 2015
Directors’ Report
(continued)