BBR HOLDINGS (S) LTD
ANNUAL REPORT 2015
NOTES
TO THE FINANCIAL STATEMENTS
FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2015
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
(cont’d)
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(cont’d)
(a)
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(cont’d)
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related objectively to an event occurring after the impairment was recognised, the previously
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(b)
Financial assets carried at cost
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measured as the difference between the asset’s carrying amount and the present value of estimated
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2.16 Inventories
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all costs of purchase, costs of conversion and other costs incurred in bringing the inventories to their present
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When the outcome of a construction contract cannot be estimated reliably (principally during the early stages
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Contract revenue comprises the initial amount of revenue agreed in the contract and variations in contract
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