The Jardine Matheson Group is a major conglomerate within the Asian region. Its business interests include large companies, which are market leaders in many fields, including engineering and construction, transport services, motor trading, property, retailing, and insurance broking. Jardine Matheson was incorporated in Bermuda; it has its primary share listing in London and secondary listings in Singapore and Bermuda; and it operates from Hong Kong and provides management services to other companies in the Group, which aims to produce sustained growth in shareholder value.1

Jardine Matheson uses IFRS in preparing its financial statements and has done so for a number of years.

Required:

Access Jardine Matheson's most recent annual report on the company's. Review the company's consolidated financial statements to evaluate whether the financial statements presented comply with the presentation requirements in IAS 1, Presentation of Financial Statements. Document your evaluation

Page 10 Jardine Matheson Holdings Limited Consolidated Profit and Loss Account audtee Sex months anded 30th June Year ended 31st December 2012 2018 Non-trading Non-trading Underlying business performance Ussm Non-trading ems To US Underlying business performance US rested Total US rested Underlying business performance US Total USS estated rested 20.172 (18,319) 1.556 20.172 (16.763 21.327 (19.383) (234) 21.327 (19.617) (38.470) (817) 1 251 674 Revenuenote 23 Net operating costs note 3) Change in far value of investment properties Operating profil Net financing charges - Arancing charges financing income (57) 1499 39.287 1 251 4491 1853 3.352 1.944 440 2.354 4057 Share of of sociales and joint vertures before change in a value of investment properties change in far value of investment 1.222 Prof before Tax note 5 Profter 1.728 1.490 3210 Attributable to Shareholders of the Company os & Non-controlling interest 2.254 064 1.728 2,247 US USS USS USS Earings per the hole 6 ded - more Page 12 Jardine Matheson Holdings Limited Consolidated Balance Sheet 2019 US$m (unaudited) At 30th June 2018 US$m restated At 31st December 2018 US$m restated Assets Intangible assets Tangible assets Right-of-use assets Investment properties Bearer plants Associates and joint ventures Other investments Non-current debtors Deferred tax assets Pension assets Non-current assets 2,789 7,251 5,359 38,038 499 15,138 2,800 3,155 428 2.180 6.289 5.748 34 119 475 13.113 2,870 3,040 402 2,666 7,071 5,607 34,753 487 14,572 2,592 3,068 391 13 75,463 68 249 71 213 2,424 3,749 8,241 3,006 3.380 7.148 22 182 2.339 3.770 7.759 Properties for sale Stocks and work in progress Current debtors Current investments Current tax assets Bank balances and other liquid funds - non-financial services companies - financial services companies 50 211 189 6,255 241 5,211 4,801 173 187 4,988 6,496 21,158 5,384 19,122 19,095 Assets classified as held for sale Current assets 21,158 19,127 19,095 Total assets 96,621 87.376 90,308 (Consolidated Balance Sheet continued on page 13) -more