Fraser & Neave Holdings Bhd Annual Report 2019

WWW . F N . C O M . M Y 138 F R A S E R & N E A V E H O L D I N G S B H D Group Company Note 30.9.2019 RM’000 30.9.2018 RM’000 Restated 1.10.2017 RM’000 Restated 30.9.2019 RM’000 30.9.2018 RM’000 ASSETS Property, plant and equipment 3 1,339,180 1,281,679 1,193,851 – – Investment properties 4 48,775 49,318 49,315 – – Properties held for development 5 56,047 56,047 56,047 – – Intangible assets 6 120,646 122,289 122,218 – – Investments in subsidiaries 7 – – – 911,423 931,423 Investment in an associate 8 89,658 84,252 83,768 68,727 68,727 Investment in a joint venture 9 87,613 89,094 89,822 165,599 159,785 Deferred tax assets 10 6,234 13,070 25,726 – – Total non-current assets 1,748,153 1,695,749 1,620,747 1,145,749 1,159,935 Trade and other receivables 11 599,996 604,644 620,185 469,852 351,792 Inventories 12 578,404 497,165 540,716 – – Current tax assets 7,567 10,548 25,280 – – Derivative financial assets 13 6 60 137 – – Cash and cash equivalents 14 569,719 537,092 424,433 40,332 124,509 Total current assets 1,755,692 1,649,509 1,610,751 510,184 476,301 Total assets 3,503,845 3,345,258 3,231,498 1,655,933 1,636,236 EQUITY Share capital 816,770 816,770 816,770 816,770 816,770 Treasury shares – (1,716) (1,716) – (1,716) Shares held by SGP Trust (3,904) (4,039) (12,079) (3,904) (4,039) Reserves 1,716,458 1,494,401 1,321,248 836,274 822,812 Equity attributable to owners of the Company 15 2,529,324 2,305,416 2,124,223 1,649,140 1,633,827 Non-controlling interests 99 135 172 – – Total equity 2,529,423 2,305,551 2,124,395 1,649,140 1,633,827 LIABILITIES Loans and borrowings 16 95,909 115,153 181,639 – – Employee benefits 17 49,511 40,176 38,070 – – Deferred tax liabilities 10 33,994 28,716 29,944 – – Total non-current liabilities 179,414 184,045 249,653 – – Provisions 18 – – 7,405 – – Trade and other payables 19 719,001 627,230 637,020 4,577 858 Loans and borrowings 16 27,402 220,371 197,458 – – Current tax liabilities 48,469 7,921 14,020 2,216 1,551 Derivative financial liabilities 13 136 140 1,547 – – Total current liabilities 795,008 855,662 857,450 6,793 2,409 Total liabilities 974,422 1,039,707 1,107,103 6,793 2,409 Total equity and liabilities 3,503,845 3,345,258 3,231,498 1,655,933 1,636,236 The notes on pages 146 to 210 are an integral part of these financial statements. STATEMENTS OF FINANCIAL POSITION as at 30 September 2019