Fraser & Neave Holdings Bhd Annual Report 2021

Group Company Note 2021 RM’000 2020 RM’000 2021 RM’000 2020 RM’000 ASSETS Property, plant and equipment 3 1,372,249 1,359,893 – – Right-of-use assets 4 125,367 87,183 – – Investment properties 5 47,569 47,569 – – Properties held for development 6 54,933 54,958 – – Intangible assets 7 88,319 45,921 – – Investments in subsidiaries 8 – – 1,254,833 920,043 Investment in an associate 9 85,687 91,261 68,727 68,727 Investment in a joint venture 10 87,555 87,845 166,114 166,114 Deferred tax assets 11 5,240 5,970 – – Total non-current assets 1,866,919 1,780,600 1,489,674 1,154,884 Trade and other receivables 12 545,932 589,661 229,195 547,727 Inventories 13 659,745 655,981 – – Current tax assets 3,770 200 204 – Derivative financial assets 14 – 4 – – Cash and cash equivalents 15 555,380 493,615 69,192 86,280 Total current assets 1,764,827 1,739,461 298,591 634,007 Total assets 3,631,746 3,520,061 1,788,265 1,788,891 EQUITY Share capital 816,770 816,770 816,770 816,770 Shares held by SGP Trust (4,626) (4,688) (4,626) (4,688) Reserves 2,006,821 1,878,519 889,676 887,168 Equity attributable to owners of the Company 16 2,818,965 2,690,601 1,701,820 1,699,250 Non-controlling interests (195) (161) – – Total equity 2,818,770 2,690,440 1,701,820 1,699,250 LIABILITIES Lease liabilities 53,904 10,785 – – Employee benefits 18 43,440 51,304 – – Deferred tax liabilities 11 59,754 48,073 – – Total non-current liabilities 157,098 110,162 – – Trade and other payables 19 558,253 516,654 86,445 89,316 Contract liabilities 20 55,815 57,787 – – Loans and borrowings 17 1,000 91,868 – – Lease liabilities 10,143 13,672 – – Current tax liabilities 30,501 39,111 – 325 Derivative financial liabilities 14 166 367 – – Total current liabilities 655,878 719,459 86,445 89,641 Total liabilities 812,976 829,621 86,445 89,641 Total equity and liabilities 3,631,746 3,520,061 1,788,265 1,788,891 The notes on pages 175 to 242 are an integral part of these financial statements. 166 Statements of Financial Position as at () September *)*+