47
FRONTKEN CORPORATION BERHAD
(651020-T)
ANNUAL REPORT 2014
STATEMENTS OF
FINANCIAL POSITION
AS OF 31 DECEMBER 2014
The Group
The Company
Note
2014
2013
2014
2013
RM
RM
RM
RM
ASSETS
Non-Current Assets
Property, plant and equipment
10 135,551,006 144,054,490
95,946
97,863
Investments in subsidiaries
12
–
–
83,423,063
72,600,628
Investments in associates
13
1,732,711
1,665,319
–
–
Goodwill on consolidation
14
33,760,856 25,394,265
–
–
Deferred tax assets
15
1,062,816
665,109
–
–
Fixed deposits with licensed
banks
16
911,587
–
–
–
Total Non-Current Assets
173,018,976 171,779,183
83,519,009
72,698,491
Current Assets
Inventories
17
10,272,374 13,657,557
–
–
Amount owing by a contract
customer
18
1,837,000
–
–
–
Trade receivables
19 101,841,731 71,276,490
–
–
Other receivables, deposits
and prepaid expenses
19
5,284,164
5,270,088
64,296
23,571
Amount owing by subsidiaries
20
–
–
44,137,370
44,959,267
Amount owing by associates
13
1,183,762
1,346,669
–
–
Tax recoverable
–
345,229
–
–
Fixed deposits with licensed
banks
16
11,368,846
1,647,742
8,008,049
950,000
Cash and bank balances
51,575,148 35,463,816
3,394,285
267,937
183,363,025 129,007,591
55,604,000
46,200,775
Asset held for sale
11
–
1,371,418
–
–
Total Current Assets
183,363,025 130,379,009
55,604,000
46,200,775
Total Assets
356,382,001 302,158,192 139,123,009 118,899,266
The accompanying Notes form an integral part of these Financial Statements.
