The Directors are required by the Companies Act, 1965 to prepare financial statements for each year which give a
true and fair view of the state of affairs of the Group and of the Company at the end of the financial year and of
their results and cash flows for the financial year then ended.
In preparing these financial statements, the Directors have:
• applied the appropriate and relevant accounting policies on a consistent basis;
• made judgements and estimates that are prudent and reasonable; and
• prepared the financial statements on the going concern basis.
The Directors are responsible for ensuring that the Company keeps proper accounting records which disclose with
reasonable accuracy at any time the financial position of the Group and of the Company and comply with the
Companies Act, 1965.
The Directors have overall responsibility for taking such steps that are reasonably open to them to safeguard the
assets of the Group and the Company as well as to prevent and detect fraud and other irregularities.
This statement is made in accordance with a resolution of the Board of Directors dated 25 February 2016.
directors’
responsibility
statement
Bo ustead plantati o ns Berhad
5 0
