Fraser & Neave Holdings Bhd Annual Report 2020

148 FRASER & NEAVE HOLDINGS BHD 196101000155 (4205-V) Statements of Financial Position AS AT 30 SEPTEMBER 2020 Group Company Note 2020 RM’000 2019 RM’000 2020 RM’000 2019 RM’000 ASSETS Property, plant and equipment 3 1,359,893 1,339,180 – – Right-of-use assets 4 87,183 – – – Investment properties 5 47,569 48,775 – – Properties held for development 6 54,958 56,047 – – Intangible assets 7 45,921 120,646 – – Investments in subsidiaries 8 – – 920,043 911,423 Investment in an associate 9 91,261 89,658 68,727 68,727 Investment in a joint venture 10 87,845 87,613 166,114 165,599 Deferred tax assets 11 5,970 6,234 – – Total non-current assets 1,780,600 1,748,153 1,154,884 1,145,749 Trade and other receivables 12 589,661 599,996 547,727 469,852 Inventories 13 655,981 578,404 – – Current tax assets 200 7,567 – – Derivative financial assets 14 4 6 – – Cash and cash equivalents 15 493,615 569,719 86,280 40,332 Total current assets 1,739,461 1,755,692 634,007 510,184 Total assets 3,520,061 3,503,845 1,788,891 1,655,933 EQUITY Share capital 816,770 816,770 816,770 816,770 Shares held by SGP Trust (4,688) (3,904) (4,688) (3,904) Reserves 1,878,519 1,716,458 887,168 836,274 Equity attributable to owners of the Company 16 2,690,601 2,529,324 1,699,250 1,649,140 Non-controlling interests (161) 99 – – Total equity 2,690,440 2,529,423 1,699,250 1,649,140 LIABILITIES Loans and borrowings 17 – 95,909 – – Lease liabilities 10,785 – – – Employee benefits 18 51,304 49,511 – – Deferred tax liabilities 11 48,073 33,994 – – Total non-current liabilities 110,162 179,414 – – Trade and other payables 19 516,654 664,581 89,316 4,577 Contract liabilities 20 57,787 54,420 – – Loans and borrowings 17 91,868 27,402 – – Lease liabilities 13,672 – – – Current tax liabilities 39,111 48,469 325 2,216 Derivative financial liabilities 14 367 136 – – Total current liabilities 719,459 795,008 89,641 6,793 Total liabilities 829,621 974,422 89,641 6,793 Total equity and liabilities 3,520,061 3,503,845 1,788,891 1,655,933 The notes on pages 157 to 221 are an integral part of these financial statements.